Fidelity Momentum Factor ETF
FDMO
49 hedge funds and large institutions have $134M invested in Fidelity Momentum Factor ETF in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
18% more capital invested
Capital invested by funds: $114M → $134M (+$20.1M)
0.34% more ownership
Funds ownership: 60.11% → 60.44% (+0.34%)
2% less funds holding
Funds holding: 50 → 49 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.56M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.7M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.65M |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$1.2M |
| 5 |
Goldman Sachs
New York
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.22M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$865K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$672K |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
-$492K |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$417K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Citadel Advisors
Miami,
Florida
| – | -$865K | -14,337 | Closed |
|
|
TC
52
Trilogy Capital
Irvine,
California
| – | -$492K | -8,146 | Closed |
|
|
DWM
53
Darwin Wealth Management
Tampa,
Florida
| – | -$327K | -5,419 | Closed |
|
|
OMC
54
Old Mission Capital
Chicago,
Illinois
| – | -$261K | -4,330 | Closed |
|
FDMO Hedge Fund Activity: Q2 2024 in Review
49 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q2 2024, worth a combined $134M — up 18% from $114M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FDMO positions and 4 closed out — a net gain of 1 holder — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $8.56M. The largest seller was Susquehanna International Group, cutting an estimated $1.22M.
- 49 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q2 2024, down from 50 in Q1 2024.
- Funds reported $134M of Fidelity Momentum Factor ETF stock for Q2 2024, up 18% quarter-over-quarter.
- 5 funds opened new Fidelity Momentum Factor ETF positions in Q2 2024 and 4 closed out, a net change of +1 holder.
- The largest Fidelity Momentum Factor ETF buyer in Q2 2024 was Envestnet Asset Management, an estimated $8.56M added.
- The largest Fidelity Momentum Factor ETF seller in Q2 2024 was Susquehanna International Group, an estimated $1.22M sold.
Based on aggregated 13F filings for Q2 2024.