Fidelity Low Volatility Factor ETF
FDLO
69 hedge funds and large institutions have $204M invested in Fidelity Low Volatility Factor ETF in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
3% more funds holding
Funds holding: 67 → 69 (+2)
8.3% less ownership
Funds ownership: 50.02% → 41.72% (-8.3%)
14% less capital invested
Capital invested by funds: $238M → $204M (-$33.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$6.46M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.08M |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$1.76M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.47M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$23M |
| 2 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
-$9.3M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$7.06M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.33M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| – | +$49 | +1 | New |
|
FDLO Hedge Fund Activity: Q3 2021 in Review
69 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Fidelity Low Volatility Factor ETF (FDLO) for Q3 2021, worth a combined $204M — down 14% from $238M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FDLO positions and 5 closed out — a net gain of 2 holders — while 29 added to existing stakes and 26 trimmed.
The largest buyer was Ameritas Investment Company, adding an estimated $6.46M. The largest seller was Citigroup, exiting entirely with an estimated $23M sold.
- 69 institutional investors held Fidelity Low Volatility Factor ETF (FDLO) as of Q3 2021, up from 67 in Q2 2021.
- Funds reported $204M of Fidelity Low Volatility Factor ETF stock for Q3 2021, down 14% quarter-over-quarter.
- 7 funds opened new Fidelity Low Volatility Factor ETF positions in Q3 2021 and 5 closed out, a net change of +2 holders.
- The largest Fidelity Low Volatility Factor ETF buyer in Q3 2021 was Ameritas Investment Company, an estimated $6.46M added.
- The largest Fidelity Low Volatility Factor ETF seller in Q3 2021 was Citigroup, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2021.