Fidelity Momentum Factor ETF
FDMO
50 hedge funds and large institutions have $114M invested in Fidelity Momentum Factor ETF in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 1 closing their positions.
1,600% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 1
43% more funds holding
Funds holding: 35 → 50 (+15)
12% more capital invested
Capital invested by funds: $102M → $114M (+$12.1M)
3.11% less ownership
Funds ownership: 63.21% → 60.11% (-3.1%)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.39M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.37M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.27M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.07M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$812K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$6.32M |
| 2 |
Morgan Stanley
New York
|
-$1.76M |
| 3 |
TC
Trilogy Capital
Irvine,
California
|
-$1.37M |
| 4 |
BWIA
Bryant Woods Investment Advisors
Getzville,
New York
|
-$724K |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$693K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| $10 | – | – | – |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| – | -$8.84K | -167 | Closed |
|
FDMO Hedge Fund Activity: Q1 2024 in Review
50 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q1 2024, worth a combined $114M — up 12% from $102M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FDMO positions and 1 closed out — a net gain of 16 holders — while 11 added to existing stakes and 15 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.39M. The largest seller was Osaic Holdings, cutting an estimated $6.32M.
- 50 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q1 2024, up from 35 in Q4 2023.
- Funds reported $114M of Fidelity Momentum Factor ETF stock for Q1 2024, up 12% quarter-over-quarter.
- 17 funds opened new Fidelity Momentum Factor ETF positions in Q1 2024 and 1 closed out, a net change of +16 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q1 2024 was Susquehanna International Group, an estimated $1.39M added.
- The largest Fidelity Momentum Factor ETF seller in Q1 2024 was Osaic Holdings, an estimated $6.32M sold.
Based on aggregated 13F filings for Q1 2024.