Fidelity MSCI Communication Services Index ETF
FCOM
30 hedge funds and large institutions have $54M invested in Fidelity MSCI Communication Services Index ETF in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
25% more funds holding
Funds holding: 24 → 30 (+6)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
23% less capital inflows, than outflows
Capital inflows: $32.1M | Capital outflows: $41.5M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pinnacle Advisory Group
Columbia,
Maryland
|
+$26.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.69M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$973K |
| 4 |
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$730K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$607K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$35M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.75M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.58M |
| 4 |
Virtu KCG Holdings
New York
|
-$1.14M |
| 5 |
Goldman Sachs
New York
|
-$371K |
FCOM Hedge Fund Activity: Q2 2016 in Review
30 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q2 2016, worth a combined $54M — down 12% from $61M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FCOM positions and 4 closed out — a net gain of 6 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $26.3M. The largest seller was Janney Capital Management, cutting an estimated $35M.
- 30 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q2 2016, up from 24 in Q1 2016.
- Funds reported $54M of Fidelity MSCI Communication Services Index ETF stock for Q2 2016, down 12% quarter-over-quarter.
- 10 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q2 2016 and 4 closed out, a net change of +6 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q2 2016 was Pinnacle Advisory Group, an estimated $26.3M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q2 2016 was Janney Capital Management, an estimated $35M sold.
Based on aggregated 13F filings for Q2 2016.