Fidelity MSCI Communication Services Index ETF
FCOM
110 hedge funds and large institutions have $392M invested in Fidelity MSCI Communication Services Index ETF in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 27 reducing their positions, and 20 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 27
25% more capital invested
Capital invested by funds: $313M → $392M (+$78.9M)
4.63% more ownership
Funds ownership: 42% → 46.63% (+4.6%)
6% less funds holding
Funds holding: 117 → 110 (-7)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$67.3M |
| 2 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$2.62M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.5M |
| 4 |
Goldman Sachs
New York
|
+$1.98M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$6.14M |
| 2 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$6M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$5.62M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$3.78M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.14M |
FCOM Hedge Fund Activity: Q2 2021 in Review
110 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q2 2021, worth a combined $392M — up 25% from $313M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FCOM and 13 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 49 added.
The largest buyer was Charles Schwab, adding an estimated $67.3M. The largest seller was Q3 Asset Management, exiting entirely with an estimated $6.14M sold.
- 110 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q2 2021, down from 117 in Q1 2021.
- Funds reported $392M of Fidelity MSCI Communication Services Index ETF stock for Q2 2021, up 25% quarter-over-quarter.
- 13 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q2 2021 and 20 closed out, a net change of -7 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q2 2021 was Charles Schwab, an estimated $67.3M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q2 2021 was Q3 Asset Management, an estimated $6.14M sold.
Based on aggregated 13F filings for Q2 2021.