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Fidelity Momentum Factor ETF
FDMO

37 hedge funds and large institutions have $98.1M invested in Fidelity Momentum Factor ETF in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

25% more capital invested

Capital invested by funds: $78.8M → $98.1M (+$19.3M)

6% more funds holding

Funds holding: 35 → 37 (+2)

1.86% more ownership

Funds ownership: 63.6% → 65.46% (+1.9%)

36% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 14

Holders
37
Holders Change
+2
Holders Change %
+5.71%
% of All Funds
0.58%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
9
Reduced
14
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GLR
Great Lakes Retirement
Ohio
+$11.3M
2
Cerity Partners
Cerity Partners
New York
+$4.44M
3
NA
NewEdge Advisors
Louisiana
+$1.18M
4
AWM
AE Wealth Management
Kansas
+$761K
5
PP
Prudential plc
United Kingdom
+$585K

Top Sellers

Rank Fund Capital Flow
1
Osaic Holdings
Osaic Holdings
Arizona
-$1.71M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$1.5M
3
BFA
BMS Financial Advisors
South Dakota
-$1.47M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$1.21M
5
Citadel Advisors
Citadel Advisors
Florida
-$1.18M
Name Holding Trade Value Shares
Change 		Change in
Stake
Rockefeller Capital Management
26
Rockefeller Capital Management
New York
$321K -$70.3K -1,533 -19%
IC
27
Inscription Capital
Texas
$320K – – –
DWM
28
Darwin Wealth Management
Florida
$283K +$138 +3 +0.1%
CW
29
CreativeOne Wealth
Kansas
$219K -$11.5K -251 -5%
FT
30
Fiduciary Trust
Massachusetts
$204K +$193K +4,214 New
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$78K -$524K -11,416 -88%
UBS Group
32
UBS Group
Switzerland
$28.2K +$8.35K +182 +45%
BFEC
33
Benjamin F. Edwards & Company
Missouri
$15K – – –
HI
34
Harbour Investments
Wisconsin
$4.45K – – –
GEA
35
Glen Eagle Advisors
New Jersey
$3.87K – – –
SWM
36
Spire Wealth Management
Virginia
$1.21K +$1.15K +25 New
TRCT
37
Tower Research Capital (TRC)
New York
$967 – – –
Wells Fargo
38
Wells Fargo
California
$24 – – –
Citadel Advisors
39
Citadel Advisors
Florida
– -$1.18M -26,465 Closed
TC
40
TownSquare Capital
Utah
– -$304K -6,813 Closed
AAS
41
Ameritas Advisory Services
Nebraska
– -$29.7K -660 Closed
BlackRock
42
BlackRock
New York
– -$6.74K -151 Closed
ASN
43
Advisory Services Network
Georgia
– -$4.78K -107 Closed
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FDMO Hedge Fund Activity: Q2 2023 in Review

37 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q2 2023, worth a combined $98.1M — up 25% from $78.8M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FDMO positions and 5 closed out — a net gain of 3 holders — while 9 added to existing stakes and 14 trimmed.

The largest buyer was Great Lakes Retirement, opening a new position worth an estimated $11.3M. The largest seller was Osaic Holdings, cutting an estimated $1.71M.

  • 37 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q2 2023, up from 35 in Q1 2023.
  • Funds reported $98.1M of Fidelity Momentum Factor ETF stock for Q2 2023, up 25% quarter-over-quarter.
  • 8 funds opened new Fidelity Momentum Factor ETF positions in Q2 2023 and 5 closed out, a net change of +3 holders.
  • The largest Fidelity Momentum Factor ETF buyer in Q2 2023 was Great Lakes Retirement, an estimated $11.3M added.
  • The largest Fidelity Momentum Factor ETF seller in Q2 2023 was Osaic Holdings, an estimated $1.71M sold.

Based on aggregated 13F filings for Q2 2023.