Fidelity Momentum Factor ETF
FDMO
34 hedge funds and large institutions have $29M invested in Fidelity Momentum Factor ETF in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 10 closing their positions.
0.58% more ownership
Funds ownership: 27.18% → 27.77% (+0.58%)
13% less funds holding
Funds holding: 39 → 34 (-5)
23% less capital invested
Capital invested by funds: $37.6M → $29M (-$8.54M)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$813K |
| 2 |
LI
LVZ Inc
Holland,
Michigan
|
+$304K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$289K |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$242K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPGK
Financial Partners Group (Kansas)
Overland Park,
Kansas
|
-$6.53M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.77M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.74M |
| 4 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
-$1.72M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$700K |
FDMO Hedge Fund Activity: Q4 2019 in Review
34 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q4 2019, worth a combined $29M — down 23% from $37.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FDMO and 5 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Jane Street, opening a new position worth an estimated $813K. The largest seller was Financial Partners Group (Kansas), exiting entirely with an estimated $6.53M sold.
- 34 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q4 2019, down from 39 in Q3 2019.
- Funds reported $29M of Fidelity Momentum Factor ETF stock for Q4 2019, down 23% quarter-over-quarter.
- 5 funds opened new Fidelity Momentum Factor ETF positions in Q4 2019 and 10 closed out, a net change of -5 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q4 2019 was Jane Street, an estimated $813K added.
- The largest Fidelity Momentum Factor ETF seller in Q4 2019 was Financial Partners Group (Kansas), an estimated $6.53M sold.
Based on aggregated 13F filings for Q4 2019.