Fidelity Low Volatility Factor ETF
FDLO
56 hedge funds and large institutions have $134M invested in Fidelity Low Volatility Factor ETF in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
4% more funds holding
Funds holding: 54 → 56 (+2)
9.51% less ownership
Funds ownership: 48.56% → 39.05% (-9.5%)
20% less capital invested
Capital invested by funds: $168M → $134M (-$33.7M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Roosevelt Investment Group
New York
|
+$14M |
| 2 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$2.14M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.06M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.08M |
| 5 |
PGAM
Princeton Global Asset Management
Princeton,
New Jersey
|
+$847K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.7M |
| 2 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
-$15.4M |
| 3 |
CWG
Cornerstone Wealth Group
Huntersville,
North Carolina
|
-$10.6M |
| 4 |
PS
Portfolio Strategies
Monsey,
New York
|
-$8.35M |
| 5 |
PD
Planning Directions
Glen Mills,
Pennsylvania
|
-$4.77M |
FDLO Hedge Fund Activity: Q2 2020 in Review
56 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Fidelity Low Volatility Factor ETF (FDLO) for Q2 2020, worth a combined $134M — down 20% from $168M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FDLO positions and 8 closed out — a net gain of 3 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Roosevelt Investment Group, adding an estimated $14M. The largest seller was Fidelity Investments, cutting an estimated $28.7M.
- 56 institutional investors held Fidelity Low Volatility Factor ETF (FDLO) as of Q2 2020, up from 54 in Q1 2020.
- Funds reported $134M of Fidelity Low Volatility Factor ETF stock for Q2 2020, down 20% quarter-over-quarter.
- 11 funds opened new Fidelity Low Volatility Factor ETF positions in Q2 2020 and 8 closed out, a net change of +3 holders.
- The largest Fidelity Low Volatility Factor ETF buyer in Q2 2020 was Roosevelt Investment Group, an estimated $14M added.
- The largest Fidelity Low Volatility Factor ETF seller in Q2 2020 was Fidelity Investments, an estimated $28.7M sold.
Based on aggregated 13F filings for Q2 2020.