Fidelity MSCI Communication Services Index ETF
FCOM
65 hedge funds and large institutions have $167M invested in Fidelity MSCI Communication Services Index ETF in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 9 reducing their positions, and 6 closing their positions.
256% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 9
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
18% more funds holding
Funds holding: 55 → 65 (+10)
16% more capital invested
Capital invested by funds: $144M → $167M (+$23.6M)
0.62% less ownership
Funds ownership: 49.88% → 49.26% (-0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.3M |
| 2 |
SW
SVB Wealth
Boston,
Massachusetts
|
+$5.11M |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$2.23M |
| 4 |
PS
Portfolio Strategies
Monsey,
New York
|
+$2.11M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$9.93M |
| 2 |
KCM
Karp Capital Management
Sausalito,
California
|
-$4.74M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$2.97M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.07M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
-$867K |
FCOM Hedge Fund Activity: Q2 2019 in Review
65 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q2 2019, worth a combined $167M — up 16% from $144M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FCOM positions and 6 closed out — a net gain of 10 holders — while 32 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $7.3M. The largest seller was RWA Wealth Partners, exiting entirely with an estimated $9.93M sold.
- 65 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q2 2019, up from 55 in Q1 2019.
- Funds reported $167M of Fidelity MSCI Communication Services Index ETF stock for Q2 2019, up 16% quarter-over-quarter.
- 16 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q2 2019 and 6 closed out, a net change of +10 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q2 2019 was Raymond James Financial Services Advisors, an estimated $7.3M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q2 2019 was RWA Wealth Partners, an estimated $9.93M sold.
Based on aggregated 13F filings for Q2 2019.