Fidelity Corporate Bond ETF
FCOR
19 hedge funds and large institutions have $12.7M invested in Fidelity Corporate Bond ETF in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 9 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
15% less capital invested
Capital invested by funds: $14.9M → $12.7M (-$2.2M)
17% less funds holding
Funds holding: 23 → 19 (-4)
29.75% less ownership
Funds ownership: 51.57% → 21.82% (-30%)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$1.75M |
| 2 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$1.34M |
| 3 |
Jane Street
New York
|
+$1.28M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$314K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.95M |
| 2 |
VF
Virtu Financial
New York
|
-$1.85M |
| 3 |
Citigroup
New York
|
-$1.17M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$787K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$629K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -41 | Closed |
|
|
CWA
27
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$1K | -26 | Closed |
|
28
Fidelity Investments
Boston,
Massachusetts
| – | +$49 | +1 | New |
|
FCOR Hedge Fund Activity: Q3 2018 in Review
19 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Fidelity Corporate Bond ETF (FCOR) for Q3 2018, worth a combined $12.7M — down 15% from $14.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FCOR and 5 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Foundations Investment Advisors, opening a new position worth an estimated $1.75M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.95M sold.
- 19 institutional investors held Fidelity Corporate Bond ETF (FCOR) as of Q3 2018, down from 23 in Q2 2018.
- Funds reported $12.7M of Fidelity Corporate Bond ETF stock for Q3 2018, down 15% quarter-over-quarter.
- 5 funds opened new Fidelity Corporate Bond ETF positions in Q3 2018 and 9 closed out, a net change of -4 holders.
- The largest Fidelity Corporate Bond ETF buyer in Q3 2018 was Foundations Investment Advisors, an estimated $1.75M added.
- The largest Fidelity Corporate Bond ETF seller in Q3 2018 was Susquehanna International Group, an estimated $1.95M sold.
Based on aggregated 13F filings for Q3 2018.