Fidelity Momentum Factor ETF
FDMO
31 hedge funds and large institutions have $51M invested in Fidelity Momentum Factor ETF in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
2.12% less ownership
Funds ownership: 50.76% → 48.64% (-2.1%)
6% less capital invested
Capital invested by funds: $54M → $51M (-$3.02M)
11% less funds holding
Funds holding: 35 → 31 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
+$2.81M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.74M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.21M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$446K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPO
Cerity Partners OCIO
New York
|
-$6.16M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$972K |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$676K |
| 4 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$339K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$292K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| $14K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $12K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $10K | +$2.67K | +60 | +26% |
|
|
SWM
29
Spire Wealth Management
Mclean,
Virginia
| $4K | – | – | – |
|
|
GEA
30
Glen Eagle Advisors
Kingston,
New Jersey
| $3.29K | -$6.67K | -150 | -65% |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$292K | -7,000 | Closed |
|
|
SCM
32
Stonehearth Capital Management
Danvers,
Massachusetts
| – | -$228K | -5,309 | Closed |
|
|
KPWS
33
Kestra Private Wealth Services
Austin,
Texas
| – | -$218K | -5,218 | Closed |
|
|
CW
34
CreativeOne Wealth
Overland Park,
Kansas
| – | -$206K | -4,926 | Closed |
|
|
TCWM
35
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$19K | -450 | Closed |
|
|
AW
36
ACG Wealth
Atlanta,
Georgia
| – | -$1K | -28 | Closed |
|
37
UBS Group
Zurich,
Switzerland
| – | -$1K | -14 | Closed |
|
FDMO Hedge Fund Activity: Q3 2022 in Review
31 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q3 2022, worth a combined $51M — down 5.6% from $54M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FDMO and 3 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was BMS Financial Advisors, opening a new position worth an estimated $2.81M. The largest seller was Cerity Partners OCIO, cutting an estimated $6.16M.
- 31 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q3 2022, down from 35 in Q2 2022.
- Funds reported $51M of Fidelity Momentum Factor ETF stock for Q3 2022, down 5.6% quarter-over-quarter.
- 3 funds opened new Fidelity Momentum Factor ETF positions in Q3 2022 and 7 closed out, a net change of -4 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q3 2022 was BMS Financial Advisors, an estimated $2.81M added.
- The largest Fidelity Momentum Factor ETF seller in Q3 2022 was Cerity Partners OCIO, an estimated $6.16M sold.
Based on aggregated 13F filings for Q3 2022.