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Fidelity Momentum Factor ETF

31 hedge funds and large institutions have $25.7M invested in Fidelity Momentum Factor ETF in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

7.5% more ownership

Funds ownership: 27.77%35.27% (+7.5%)

9% less funds holding

Funds holding: 3431 (-3)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

12% less capital invested

Capital invested by funds: $29M → $25.7M (-$3.38M)

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10

Holders
31
Holders Change
-3
Holders Change %
-8.82%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
6
Reduced
10
Closed
10
Calls
Puts
Net Calls
Net Calls Change

FDMO Hedge Fund Activity: Q1 2020 in Review

31 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q1 2020, worth a combined $25.7M — down 12% from $29M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FDMO and 9 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 6 added.

The largest buyer was Fidelity Investments, adding an estimated $6.21M. The largest seller was Bank of America, cutting an estimated $2.35M.

  • 31 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q1 2020, down from 34 in Q4 2019.
  • Funds reported $25.7M of Fidelity Momentum Factor ETF stock for Q1 2020, down 12% quarter-over-quarter.
  • 9 funds opened new Fidelity Momentum Factor ETF positions in Q1 2020 and 10 closed out, a net change of -1 holder.
  • The largest Fidelity Momentum Factor ETF buyer in Q1 2020 was Fidelity Investments, an estimated $6.21M added.
  • The largest Fidelity Momentum Factor ETF seller in Q1 2020 was Bank of America, an estimated $2.35M sold.

Based on aggregated 13F filings for Q1 2020.