Fidelity Momentum Factor ETF
FDMO
50 hedge funds and large institutions have $217M invested in Fidelity Momentum Factor ETF in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 5 closing their positions.
62% more capital invested
Capital invested by funds: $134M → $217M (+$83M)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
34.91% more ownership
Funds ownership: 60.44% → 95.35% (+35%)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
2% more funds holding
Funds holding: 49 → 50 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$76.9M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$63.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.41M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.37M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.01M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.78M |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$1.26M |
| 5 |
Morgan Stanley
New York
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Goldman Sachs
New York
| – | -$2.37M | -37,151 | Closed |
|
|
FEM
52
Fulcrum Equity Management
Plano,
Texas
| – | -$1.26M | -19,818 | Closed |
|
|
LCGC
53
Legacy Capital Group California
Los Gatos,
California
| – | -$295K | -4,628 | Closed |
|
|
FT
54
Fiduciary Trust
Boston,
Massachusetts
| – | -$269K | -4,214 | Closed |
|
|
CW
55
CreativeOne Wealth
Overland Park,
Kansas
| – | -$215K | -3,372 | Closed |
|
FDMO Hedge Fund Activity: Q3 2024 in Review
50 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q3 2024, worth a combined $217M — up 62% from $134M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FDMO positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $76.9M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.37M sold.
- 50 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q3 2024, up from 49 in Q2 2024.
- Funds reported $217M of Fidelity Momentum Factor ETF stock for Q3 2024, up 62% quarter-over-quarter.
- 7 funds opened new Fidelity Momentum Factor ETF positions in Q3 2024 and 5 closed out, a net change of +2 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q3 2024 was Fidelity Investments, an estimated $76.9M added.
- The largest Fidelity Momentum Factor ETF seller in Q3 2024 was Goldman Sachs, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2024.