Fidelity Momentum Factor ETF
FDMO
27 hedge funds and large institutions have $31.7M invested in Fidelity Momentum Factor ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 8 closing their positions.
23% more capital invested
Capital invested by funds: $25.7M → $31.7M (+$6M)
3.08% more ownership
Funds ownership: 35.27% → 38.36% (+3.1%)
13% less funds holding
Funds holding: 31 → 27 (-4)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LI
LVZ Inc
Holland,
Michigan
|
+$1.98M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.8M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.35M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$789K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.02M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.23M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$494K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$270K |
| 5 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $1K | – | – | – |
|
|
JIP
27
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$246K | -8,123 | Closed |
|
28
UBS Group
Zurich,
Switzerland
| – | -$50K | -1,643 | Closed |
|
|
AIC
29
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$31K | -1,049 | Closed |
|
|
S
30
SignatureFD
Atlanta,
Georgia
| – | -$28K | -924 | Closed |
|
|
AA
31
Advisory Alpha
Holland,
Michigan
| – | -$19.9K | -600 | Closed |
|
|
ASN
32
Advisory Services Network
Atlanta,
Georgia
| – | -$5K | -177 | Closed |
|
|
SWA
33
Stratos Wealth Advisors
Beachwood,
Ohio
| – | -$1K | -19 | Closed |
|
34
Wells Fargo
San Francisco,
California
| – | +$35 | +1 | New |
|
FDMO Hedge Fund Activity: Q2 2020 in Review
27 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q2 2020, worth a combined $31.7M — up 23% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FDMO and 4 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was LVZ Inc, opening a new position worth an estimated $1.98M. The largest seller was Fidelity Investments, cutting an estimated $4.02M.
- 27 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q2 2020, down from 31 in Q1 2020.
- Funds reported $31.7M of Fidelity Momentum Factor ETF stock for Q2 2020, up 23% quarter-over-quarter.
- 4 funds opened new Fidelity Momentum Factor ETF positions in Q2 2020 and 8 closed out, a net change of -4 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q2 2020 was LVZ Inc, an estimated $1.98M added.
- The largest Fidelity Momentum Factor ETF seller in Q2 2020 was Fidelity Investments, an estimated $4.02M sold.
Based on aggregated 13F filings for Q2 2020.