Fidelity Corporate Bond ETF
FCOR
11 hedge funds and large institutions have $14.9M invested in Fidelity Corporate Bond ETF in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
22% more funds holding
Funds holding: 9 → 11 (+2)
1% less capital invested
Capital invested by funds: $15.1M → $14.9M (-$226K)
2.67% less ownership
Funds ownership: 58.18% → 55.51% (-2.7%)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.03M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$223K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$7.96K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
+$142 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$1.18M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$726K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$34.7K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.48K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $12.5M | -$1.18M | -25,000 | -9% |
|
|
2
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $1.05M | +$1.03M | +21,633 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $582K | -$726K | -15,313 | -56% |
|
|
WA
4
WFG Advisors
Dallas,
Texas
| $426K | +$142 | +3 | +0% |
|
|
ASN
5
Advisory Services Network
Atlanta,
Georgia
| $231K | +$223K | +4,708 | +15,693% |
|
|
6
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $31K | -$34.7K | -732 | -54% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $20K | -$9.48K | -200 | -33% |
|
|
ARMC
8
American Research & Management Company
Marion,
Massachusetts
| $19K | – | – | – |
|
|
9
UBS Group
Zurich,
Switzerland
| $8K | +$7.96K | +168 | New |
|
|
IF
10
Ironwood Financial
Tucson,
Arizona
| $6K | +$6.16K | +130 | New |
|
11
Bank of America
Charlotte,
North Carolina
| $4K | – | – | – |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$5K | -99 | Closed |
|
FCOR Hedge Fund Activity: Q1 2016 in Review
11 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fidelity Corporate Bond ETF (FCOR) for Q1 2016, worth a combined $14.9M — down 1.5% from $15.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FCOR positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $1.03M. The largest seller was Citigroup, cutting an estimated $1.18M.
- 11 institutional investors held Fidelity Corporate Bond ETF (FCOR) as of Q1 2016, up from 9 in Q4 2015.
- Funds reported $14.9M of Fidelity Corporate Bond ETF stock for Q1 2016, down 1.5% quarter-over-quarter.
- 3 funds opened new Fidelity Corporate Bond ETF positions in Q1 2016 and 1 closed out, a net change of +2 holders.
- The largest Fidelity Corporate Bond ETF buyer in Q1 2016 was Cambridge Investment Research Advisors, an estimated $1.03M added.
- The largest Fidelity Corporate Bond ETF seller in Q1 2016 was Citigroup, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2016.