Fidelity MSCI Communication Services Index ETF
FCOM
200 hedge funds and large institutions have $991M invested in Fidelity MSCI Communication Services Index ETF in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 60 increasing their positions, 74 reducing their positions, and 25 closing their positions.
3.95% less ownership
Funds ownership: 65.59% → 61.65% (-3.9%)
5% less funds holding
Funds holding: 210 → 200 (-10)
19% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 74
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
20% less capital invested
Capital invested by funds: $1.25B → $991M (-$254M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$11.2M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.2M |
| 3 |
Morgan Stanley
New York
|
+$4.33M |
| 4 |
Citigroup
New York
|
+$2.85M |
| 5 |
Nomura Asset Management
Tokyo,
Japan
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$140M |
| 2 |
BA
Bellwether Advisors
Lincoln,
Nebraska
|
-$14.7M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$9.38M |
| 4 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$7.29M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$6.25M |
FCOM Hedge Fund Activity: Q1 2026 in Review
200 institutional investors reported a position in Fidelity MSCI Communication Services Index ETF (FCOM) for Q1 2026, worth a combined $991M — down 20% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FCOM and 20 opened new positions — a net loss of 5 holders — while 74 trimmed existing stakes and 60 added.
The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $11.2M. The largest seller was Charles Schwab, cutting an estimated $140M.
- 200 institutional investors held Fidelity MSCI Communication Services Index ETF (FCOM) as of Q1 2026, down from 210 in Q4 2025.
- Funds reported $991M of Fidelity MSCI Communication Services Index ETF stock for Q1 2026, down 20% quarter-over-quarter.
- 20 funds opened new Fidelity MSCI Communication Services Index ETF positions in Q1 2026 and 25 closed out, a net change of -5 holders.
- The largest Fidelity MSCI Communication Services Index ETF buyer in Q1 2026 was Harel Insurance Investments & Financial Services, an estimated $11.2M added.
- The largest Fidelity MSCI Communication Services Index ETF seller in Q1 2026 was Charles Schwab, an estimated $140M sold.
Based on aggregated 13F filings for Q1 2026.