Fidelity Low Volatility Factor ETF
FDLO
79 hedge funds and large institutions have $242M invested in Fidelity Low Volatility Factor ETF in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
1% less funds holding
Funds holding: 80 → 79 (-1)
2.57% less ownership
Funds ownership: 59.45% → 56.88% (-2.6%)
12% less capital invested
Capital invested by funds: $274M → $242M (-$32.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.31M |
| 2 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
+$4.58M |
| 3 |
Goldman Sachs
New York
|
+$2.72M |
| 4 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
+$702K |
| 5 |
VAM
Verity Asset Management
Durham,
North Carolina
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$11.1M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$5.89M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.58M |
| 4 |
EFH
Eaton Financial Holdings
Coral Springs,
Florida
|
-$1.38M |
| 5 |
AAS
Asset Allocation Strategies
Farmington,
Michigan
|
-$1.08M |
FDLO Hedge Fund Activity: Q1 2023 in Review
79 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fidelity Low Volatility Factor ETF (FDLO) for Q1 2023, worth a combined $242M — down 12% from $274M a quarter earlier.
Fund positioning in FDLO was balanced in Q1 2023: 13 funds opened new positions, 13 closed out, 25 added to existing stakes and 26 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $8.31M. The largest seller was Bank of America, cutting an estimated $11.1M.
- 79 institutional investors held Fidelity Low Volatility Factor ETF (FDLO) as of Q1 2023, down from 80 in Q4 2022.
- Funds reported $242M of Fidelity Low Volatility Factor ETF stock for Q1 2023, down 12% quarter-over-quarter.
- 13 funds opened new Fidelity Low Volatility Factor ETF positions in Q1 2023 and 13 closed out, a net change of 0 holders.
- The largest Fidelity Low Volatility Factor ETF buyer in Q1 2023 was Fidelity Investments, an estimated $8.31M added.
- The largest Fidelity Low Volatility Factor ETF seller in Q1 2023 was Bank of America, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2023.