Fidelity Momentum Factor ETF
FDMO
25 hedge funds and large institutions have $38.7M invested in Fidelity Momentum Factor ETF in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
57% more capital invested
Capital invested by funds: $24.7M → $38.7M (+$14M)
39% more funds holding
Funds holding: 18 → 25 (+7)
7.61% more ownership
Funds ownership: 32.9% → 40.5% (+7.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$2.28M |
| 2 |
Jane Street
New York
|
+$2.14M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$1.95M |
| 4 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
+$1.91M |
| 5 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$348K |
| 2 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$252K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$206K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$144K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$9.87K |
FDMO Hedge Fund Activity: Q2 2018 in Review
25 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q2 2018, worth a combined $38.7M — up 57% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FDMO positions and 2 closed out — a net gain of 7 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Advisory Services Network, adding an estimated $2.28M. The largest seller was Prudential plc, exiting entirely with an estimated $348K sold.
- 25 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q2 2018, up from 18 in Q1 2018.
- Funds reported $38.7M of Fidelity Momentum Factor ETF stock for Q2 2018, up 57% quarter-over-quarter.
- 9 funds opened new Fidelity Momentum Factor ETF positions in Q2 2018 and 2 closed out, a net change of +7 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q2 2018 was Advisory Services Network, an estimated $2.28M added.
- The largest Fidelity Momentum Factor ETF seller in Q2 2018 was Prudential plc, an estimated $348K sold.
Based on aggregated 13F filings for Q2 2018.