Fidelity Low Volatility Factor ETF
FDLO
83 hedge funds and large institutions have $284M invested in Fidelity Low Volatility Factor ETF in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 32 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
17% more capital invested
Capital invested by funds: $242M → $284M (+$41.5M)
5% more funds holding
Funds holding: 79 → 83 (+4)
4.25% less ownership
Funds ownership: 56.88% → 52.63% (-4.3%)
16% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 32
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$5.54M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.17M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.64M |
| 4 |
Jane Street
New York
|
+$1.74M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
-$11M |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$7.53M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.65M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.64M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.38M |
FDLO Hedge Fund Activity: Q2 2023 in Review
83 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fidelity Low Volatility Factor ETF (FDLO) for Q2 2023, worth a combined $284M — up 17% from $242M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FDLO positions and 8 closed out — a net gain of 6 holders — while 27 added to existing stakes and 32 trimmed.
The largest buyer was NewEdge Advisors, adding an estimated $5.54M. The largest seller was Abundance Wealth Counselors, exiting entirely with an estimated $11M sold.
- 83 institutional investors held Fidelity Low Volatility Factor ETF (FDLO) as of Q2 2023, up from 79 in Q1 2023.
- Funds reported $284M of Fidelity Low Volatility Factor ETF stock for Q2 2023, up 17% quarter-over-quarter.
- 14 funds opened new Fidelity Low Volatility Factor ETF positions in Q2 2023 and 8 closed out, a net change of +6 holders.
- The largest Fidelity Low Volatility Factor ETF buyer in Q2 2023 was NewEdge Advisors, an estimated $5.54M added.
- The largest Fidelity Low Volatility Factor ETF seller in Q2 2023 was Abundance Wealth Counselors, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2023.