Fidelity MSCI Communication Services Index ETF
FCOM
55 hedge funds and large institutions have $144M invested in Fidelity MSCI Communication Services Index ETF in 2019 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 8 closing their positions.
1,251% more capital inflows, than outflows
Capital inflows: $107M | Capital outflows: $7.94M
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
38% more funds holding
Funds holding: 40 → 55 (+15)
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
17.45% more ownership
Funds ownership: 32.43% → 49.88% (+17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab Investment Advisory
San Francisco,
California
|
+$66.1M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$9.9M |
| 3 |
RWA Wealth Partners
Newton,
Massachusetts
|
+$9.7M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$2.24M |
| 5 |
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Advisors Inc
Tulsa,
Oklahoma
|
-$3.44M |
| 2 |
Advisory Services Network
Atlanta,
Georgia
|
-$1.39M |
| 3 |
Global Retirement Partners
San Rafael,
California
|
-$824K |
| 4 |
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$729K |
| 5 |
Goldman Sachs
New York
|
-$398K |
FCOM Hedge Fund Activity: Q1 2019 in Review
55 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q1 2019, worth a combined $144M — up 157% from $55.9M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FCOM positions and 8 closed out — a net gain of 16 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $66.1M. The largest seller was Capital Advisors Inc, exiting entirely with an estimated $3.44M sold.
- 55 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q1 2019, up from 40 in Q4 2018.
- Funds reported $144M of Fidelity MSCI Communication Services Index ETF stock for Q1 2019, up 157% quarter-over-quarter.
- 24 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q1 2019 and 8 closed out, a net change of +16 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q1 2019 was Charles Schwab Investment Advisory, an estimated $66.1M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q1 2019 was Capital Advisors Inc, an estimated $3.44M sold.
Based on aggregated 13F filings for Q1 2019.