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Fidelity Momentum Factor ETF
FDMO

35 hedge funds and large institutions have $78.8M invested in Fidelity Momentum Factor ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more capital invested

Capital invested by funds: $67.4M → $78.8M (+$11.4M)

17% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 12

5.3% more ownership

Funds ownership: 58.3% → 63.6% (+5.3%)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

5% less funds holding

Funds holding: 37 → 35 (-2)

Holders
35
Holders Change
-2
Holders Change %
-5.41%
% of All Funds
0.56%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
14
Reduced
12
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$14.4M
2
LI
LVZ Inc
Michigan
+$2.43M
3
BFA
BMS Financial Advisors
South Dakota
+$1.72M
4
Citadel Advisors
Citadel Advisors
Florida
+$883K
5
Fidelity Investments
Fidelity Investments
Massachusetts
+$752K

Top Sellers

Rank Fund Capital Flow
1
CG
CFO4Life Group
Texas
-$2.04M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$1.8M
3
Bank of America
Bank of America
North Carolina
-$466K
4
AIP
Ahrens Investment Partners
Louisiana
-$347K
5
TC
Trilogy Capital
California
-$322K
Name Holding Trade Value Shares
Change 		Change in
Stake
PP
26
Prudential plc
United Kingdom
$188K +$2.62K +60 +1%
AAS
27
Ameritas Advisory Services
Nebraska
$29.7K +$28.8K +660 New
UBS Group
28
UBS Group
Switzerland
$17.9K -$17.6K -402 -50%
BFEC
29
Benjamin F. Edwards & Company
Missouri
$13K – – –
BlackRock
30
BlackRock
New York
$6.74K +$6.59K +151 New
ASN
31
Advisory Services Network
Georgia
$4.78K -$524 -12 -10%
HI
32
Harbour Investments
Wisconsin
$4.11K – – –
GEA
33
Glen Eagle Advisors
New Jersey
$3.57K – – –
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$2.15K -$1.8M -41,178 -46%
TRCT
35
Tower Research Capital (TRC)
New York
$1K +$873 +20 New
Wells Fargo
36
Wells Fargo
California
$12 -$44 -1 Closed
CG
37
CFO4Life Group
Texas
– -$2.04M -47,747 Closed
TC
38
Trilogy Capital
California
– -$322K -7,526 Closed
PFS
39
Prospera Financial Services
Texas
– -$318K -7,428 Closed
IA
40
IFP Advisors
Florida
– -$39K -1,157 Closed
CFGS
41
Concourse Financial Group Securities
Alabama
– -$6.51K -149 Closed
1
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FDMO Hedge Fund Activity: Q1 2023 in Review

35 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q1 2023, worth a combined $78.8M — up 17% from $67.4M a quarter earlier.

Fund positioning in FDMO was balanced in Q1 2023: 6 funds opened new positions, 6 closed out, 14 added to existing stakes and 12 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $14.4M. The largest seller was CFO4Life Group, exiting entirely with an estimated $2.04M sold.

  • 35 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q1 2023, down from 37 in Q4 2022.
  • Funds reported $78.8M of Fidelity Momentum Factor ETF stock for Q1 2023, up 17% quarter-over-quarter.
  • 6 funds opened new Fidelity Momentum Factor ETF positions in Q1 2023 and 6 closed out, a net change of 0 holders.
  • The largest Fidelity Momentum Factor ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $14.4M added.
  • The largest Fidelity Momentum Factor ETF seller in Q1 2023 was CFO4Life Group, an estimated $2.04M sold.

Based on aggregated 13F filings for Q1 2023.