Fidelity MSCI Communication Services Index ETF
FCOM
68 hedge funds and large institutions have $259M invested in Fidelity MSCI Communication Services Index ETF in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 19 reducing their positions, and 10 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 19
55% more capital invested
Capital invested by funds: $167M → $259M (+$91.5M)
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
10.25% more ownership
Funds ownership: 49.26% → 59.52% (+10%)
5% more funds holding
Funds holding: 65 → 68 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$69.7M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$20.7M |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$3.32M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.81M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Portfolio Strategies
Monsey,
New York
|
-$2.85M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.59M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$685K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$552K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$543K |
FCOM Hedge Fund Activity: Q3 2019 in Review
68 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q3 2019, worth a combined $259M — up 55% from $167M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FCOM positions and 10 closed out — a net gain of 3 holders — while 31 added to existing stakes and 19 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $69.7M. The largest seller was Portfolio Strategies, exiting entirely with an estimated $2.85M sold.
- 68 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q3 2019, up from 65 in Q2 2019.
- Funds reported $259M of Fidelity MSCI Communication Services Index ETF stock for Q3 2019, up 55% quarter-over-quarter.
- 13 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q3 2019 and 10 closed out, a net change of +3 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q3 2019 was Charles Schwab Investment Advisory, an estimated $69.7M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q3 2019 was Portfolio Strategies, an estimated $2.85M sold.
Based on aggregated 13F filings for Q3 2019.