Fidelity Momentum Factor ETF
FDMO
31 hedge funds and large institutions have $25.7M invested in Fidelity Momentum Factor ETF in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 10 closing their positions.
7.5% more ownership
Funds ownership: 27.77% → 35.27% (+7.5%)
9% less funds holding
Funds holding: 34 → 31 (-3)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
12% less capital invested
Capital invested by funds: $29M → $25.7M (-$3.38M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.21M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.66M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.33M |
| 4 |
Goldman Sachs
New York
|
+$1.03M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$363K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.35M |
| 2 |
LI
LVZ Inc
Holland,
Michigan
|
-$1.85M |
| 3 |
BSAM
Blue Sky Asset Management
Greenwood Village,
Colorado
|
-$1.62M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$933K |
| 5 |
AWM
Adams Wealth Management
Logan,
Utah
|
-$912K |
FDMO Hedge Fund Activity: Q1 2020 in Review
31 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q1 2020, worth a combined $25.7M — down 12% from $29M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FDMO and 9 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 6 added.
The largest buyer was Fidelity Investments, adding an estimated $6.21M. The largest seller was Bank of America, cutting an estimated $2.35M.
- 31 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q1 2020, down from 34 in Q4 2019.
- Funds reported $25.7M of Fidelity Momentum Factor ETF stock for Q1 2020, down 12% quarter-over-quarter.
- 9 funds opened new Fidelity Momentum Factor ETF positions in Q1 2020 and 10 closed out, a net change of -1 holder.
- The largest Fidelity Momentum Factor ETF buyer in Q1 2020 was Fidelity Investments, an estimated $6.21M added.
- The largest Fidelity Momentum Factor ETF seller in Q1 2020 was Bank of America, an estimated $2.35M sold.
Based on aggregated 13F filings for Q1 2020.