Fidelity MSCI Communication Services Index ETF
FCOM
78 hedge funds and large institutions have $227M invested in Fidelity MSCI Communication Services Index ETF in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 19 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
1% more funds holding
Funds holding: 77 → 78 (+1)
4.16% less ownership
Funds ownership: 60.97% → 56.8% (-4.2%)
25% less capital invested
Capital invested by funds: $301M → $227M (-$74.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$128M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$12.9M |
| 3 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
+$8.99M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.86M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$142M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$24.4M |
| 3 |
Mariner
Overland Park,
Kansas
|
-$11.2M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.72M |
| 5 |
5L
55I LLC
Boston,
Massachusetts
|
-$2.52M |
FCOM Hedge Fund Activity: Q1 2020 in Review
78 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q1 2020, worth a combined $227M — down 25% from $301M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FCOM positions and 19 closed out — a net gain of 3 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Charles Schwab, opening a new position worth an estimated $128M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $142M sold.
- 78 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q1 2020, up from 77 in Q4 2019.
- Funds reported $227M of Fidelity MSCI Communication Services Index ETF stock for Q1 2020, down 25% quarter-over-quarter.
- 22 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q1 2020 and 19 closed out, a net change of +3 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q1 2020 was Charles Schwab, an estimated $128M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q1 2020 was Charles Schwab Investment Advisory, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2020.