Fidelity MSCI Consumer Discretionary Index ETF
FDIS
90 hedge funds and large institutions have $299M invested in Fidelity MSCI Consumer Discretionary Index ETF in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 36 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
21% more capital invested
Capital invested by funds: $247M → $299M (+$52.3M)
8% more funds holding
Funds holding: 83 → 90 (+7)
3.09% more ownership
Funds ownership: 43.5% → 46.59% (+3.1%)
25% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$22.9M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$19.4M |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$1.8M |
| 4 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$1.61M |
| 5 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$12.1M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$5.76M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$5.39M |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$2.88M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.83M |
FDIS Hedge Fund Activity: Q1 2019 in Review
90 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Consumer Discretionary Index ETF (FDIS) for Q1 2019, worth a combined $299M — up 21% from $247M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FDIS positions and 9 closed out — a net gain of 7 holders — while 27 added to existing stakes and 36 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $22.9M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $12.1M sold.
- 90 institutional investors held Fidelity MSCI Consumer Discretionary Index ETF (FDIS) as of Q1 2019, up from 83 in Q4 2018.
- Funds reported $299M of Fidelity MSCI Consumer Discretionary Index ETF stock for Q1 2019, up 21% quarter-over-quarter.
- 16 funds opened new Fidelity MSCI Consumer Discretionary Index ETF positions in Q1 2019 and 9 closed out, a net change of +7 holders.
- The largest Fidelity MSCI Consumer Discretionary Index ETF buyer in Q1 2019 was Envestnet Asset Management, an estimated $22.9M added.
- The largest Fidelity MSCI Consumer Discretionary Index ETF seller in Q1 2019 was FormulaFolio Investments, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2019.