Fidelity Momentum Factor ETF
FDMO
39 hedge funds and large institutions have $43.2M invested in Fidelity Momentum Factor ETF in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $40.9M → $43.2M (+$2.33M)
5% more funds holding
Funds holding: 37 → 39 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.68% less ownership
Funds ownership: 43.45% → 38.77% (-4.7%)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LI
LVZ Inc
Holland,
Michigan
|
+$1.19M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$949K |
| 3 |
Jane Street
New York
|
+$837K |
| 4 |
FPGK
Financial Partners Group (Kansas)
Overland Park,
Kansas
|
+$729K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$2.17M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.55M |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$1.08M |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$796K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$518K |
FDMO Hedge Fund Activity: Q1 2019 in Review
39 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q1 2019, worth a combined $43.2M — up 5.7% from $40.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FDMO positions and 5 closed out — a net gain of 2 holders — while 12 added to existing stakes and 16 trimmed.
The largest buyer was LVZ Inc, opening a new position worth an estimated $1.19M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $2.17M sold.
- 39 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q1 2019, up from 37 in Q4 2018.
- Funds reported $43.2M of Fidelity Momentum Factor ETF stock for Q1 2019, up 5.7% quarter-over-quarter.
- 7 funds opened new Fidelity Momentum Factor ETF positions in Q1 2019 and 5 closed out, a net change of +2 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q1 2019 was LVZ Inc, an estimated $1.19M added.
- The largest Fidelity Momentum Factor ETF seller in Q1 2019 was FormulaFolio Investments, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2019.