Fidelity MSCI Communication Services Index ETF
FCOM
110 hedge funds and large institutions have $358M invested in Fidelity MSCI Communication Services Index ETF in 2022 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 38 reducing their positions, and 18 closing their positions.
24.07% more ownership
Funds ownership: 41.58% → 65.64% (+24%)
16% more capital invested
Capital invested by funds: $308M → $358M (+$49.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 38
3% less funds holding
Funds holding: 113 → 110 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$131M |
| 2 |
Morgan Stanley
New York
|
+$8.65M |
| 3 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
+$2.06M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.06M |
| 5 |
CA
Crumly & Associates
Springfield,
Illinois
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.19M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$4.08M |
| 3 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
-$3.67M |
| 4 |
DFG
Demars Financial Group
Spokane Valley,
Washington
|
-$3.14M |
| 5 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$2.86M |
FCOM Hedge Fund Activity: Q2 2022 in Review
110 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q2 2022, worth a combined $358M — up 16% from $308M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FCOM and 16 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 37 added.
The largest buyer was Prudential Financial, adding an estimated $131M. The largest seller was Wells Fargo, cutting an estimated $4.19M.
- 110 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q2 2022, down from 113 in Q1 2022.
- Funds reported $358M of Fidelity MSCI Communication Services Index ETF stock for Q2 2022, up 16% quarter-over-quarter.
- 16 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q2 2022 and 18 closed out, a net change of -2 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q2 2022 was Prudential Financial, an estimated $131M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q2 2022 was Wells Fargo, an estimated $4.19M sold.
Based on aggregated 13F filings for Q2 2022.