Fidelity Momentum Factor ETF
FDMO
36 hedge funds and large institutions have $46.4M invested in Fidelity Momentum Factor ETF in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 35 → 36 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
20.5% less ownership
Funds ownership: 59.99% → 39.49% (-20%)
45% less capital invested
Capital invested by funds: $84.6M → $46.4M (-$38.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.18M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.06M |
| 3 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$903K |
| 4 |
Morgan Stanley
New York
|
+$488K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$32.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.79M |
| 3 |
LI
LVZ Inc
Holland,
Michigan
|
-$3.73M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.27M |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$617K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $176K | +$180K | +3,591 | New |
|
27
UBS Group
Zurich,
Switzerland
| $62K | +$7.02K | +140 | +12% |
|
|
AWA
28
Arkadios Wealth Advisors
Atlanta,
Georgia
| $51K | +$2.61K | +52 | +5% |
|
|
GEA
29
Glen Eagle Advisors
Kingston,
New Jersey
| $23.5K | – | – | – |
|
30
Rockefeller Capital Management
New York
| $8K | +$8.43K | +168 | New |
|
|
CFGS
31
Concourse Financial Group Securities
Birmingham,
Alabama
| $7K | – | – | – |
|
|
S
32
SignatureFD
Atlanta,
Georgia
| $7K | – | – | – |
|
|
33
Citigroup
New York
| $5K | -$32.3M | -643,805 | -100% |
|
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | -$3.27M | -65,088 | -100% |
|
|
SWM
35
Spire Wealth Management
Mclean,
Virginia
| $5K | – | – | – |
|
|
LI
36
LVZ Inc
Holland,
Michigan
| – | -$3.73M | -76,667 | Closed |
|
|
HI
37
Harbour Investments
Madison,
Wisconsin
| – | -$617K | -12,682 | Closed |
|
|
IA
38
IFP Advisors
Tampa,
Florida
| – | -$99K | -2,064 | Closed |
|
39
Wells Fargo
San Francisco,
California
| – | +$50 | +1 | New |
|
FDMO Hedge Fund Activity: Q3 2021 in Review
36 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q3 2021, worth a combined $46.4M — down 45% from $84.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FDMO positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.18M. The largest seller was Citigroup, cutting an estimated $32.3M.
- 36 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q3 2021, up from 35 in Q2 2021.
- Funds reported $46.4M of Fidelity Momentum Factor ETF stock for Q3 2021, down 45% quarter-over-quarter.
- 4 funds opened new Fidelity Momentum Factor ETF positions in Q3 2021 and 3 closed out, a net change of +1 holder.
- The largest Fidelity Momentum Factor ETF buyer in Q3 2021 was Envestnet Asset Management, an estimated $1.18M added.
- The largest Fidelity Momentum Factor ETF seller in Q3 2021 was Citigroup, an estimated $32.3M sold.
Based on aggregated 13F filings for Q3 2021.