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Fidelity MSCI Communication Services Index ETF

87 hedge funds and large institutions have $289M invested in Fidelity MSCI Communication Services Index ETF in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 27

3% less funds holding

Funds holding: 9087 (-3)

8% less capital invested

Capital invested by funds: $316M → $289M (-$26.3M)

8.73% less ownership

Funds ownership: 60.8%52.07% (-8.7%)

12% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 17

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
87
Holders Change
-3
Holders Change %
-3.33%
% of All Funds
1.76%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
15
Increased
28
Reduced
27
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$95.6M -$42.5M -1,104,981 -31%
FI
2
FormulaFolio Investments
Michigan
$32.2M +$32.1M +834,157 New
Lido Advisors
3
Lido Advisors
California
$26.1M -$516K -13,410 -2%
Wells Fargo
4
Wells Fargo
California
$15.5M -$442K -11,483 -3%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$14.6M -$20M -520,284 -58%
FSC
6
Full Sail Capital
Oklahoma
$12.7M +$354K +9,191 +3%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$10.5M -$629K -16,349 -6%
BFA
8
Beaumont Financial Advisors
Massachusetts
$8.74M -$3.71M -96,489 -30%
Osaic Holdings
9
Osaic Holdings
Arizona
$5.2M +$17.1K +444 +0.3%
Stifel Financial
10
Stifel Financial
Missouri
$4.67M -$800K -20,775 -15%
Morgan Stanley
11
Morgan Stanley
New York
$4.14M +$66.7K +1,733 +2%
NAM
12
NorthCoast Asset Management
Connecticut
$3.83M +$522K +13,559 +16%
UBS Group
13
UBS Group
Switzerland
$2.82M -$224K -5,812 -7%
5L
14
55I LLC
Massachusetts
$2.44M -$39.8K -1,034 -2%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$2.38M +$289K +7,502 +14%
DFG
16
Demars Financial Group
Washington
$2.09M -$924 -24 -0%
Macquarie Group
17
Macquarie Group
Australia
$2.05M -$4.09M -106,262 Closed
IOOF
18
Independent Order of Foresters
Ontario, Canada
$2.05M
MBTD
19
Mechanics Bank - Trust Department
California
$2.02M +$33.5K +870 +2%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$1.96M +$95.3K +2,476 +5%
HCA
21
Heck Capital Advisors
Wisconsin
$1.88M +$263K +6,824 +16%
KPWS
22
Kestra Private Wealth Services
Texas
$1.86M +$1.85M +48,162 New
MWM
23
Maltin Wealth Management
New Jersey
$1.8M -$223K -5,785 -11%
ECM
24
Exchange Capital Management
Michigan
$1.74M -$30.2K -784 -2%
Bank of America
25
Bank of America
North Carolina
$1.63M +$137K +3,547 +9%

FCOM Hedge Fund Activity: Q3 2020 in Review

87 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q3 2020, worth a combined $289M — down 8.3% from $316M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of FCOM and 15 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 28 added.

The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $32.1M. The largest seller was Charles Schwab, cutting an estimated $42.5M.

  • 87 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q3 2020, down from 90 in Q2 2020.
  • Funds reported $289M of Fidelity MSCI Communication Services Index ETF stock for Q3 2020, down 8.3% quarter-over-quarter.
  • 15 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q3 2020 and 17 closed out, a net change of -2 holders.
  • The largest Fidelity MSCI Communication Services Index ETF buyer in Q3 2020 was FormulaFolio Investments, an estimated $32.1M added.
  • The largest Fidelity MSCI Communication Services Index ETF seller in Q3 2020 was Charles Schwab, an estimated $42.5M sold.

Based on aggregated 13F filings for Q3 2020.