Fidelity Momentum Factor ETF
FDMO
32 hedge funds and large institutions have $39.3M invested in Fidelity Momentum Factor ETF in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
24% more capital invested
Capital invested by funds: $31.7M → $39.3M (+$7.63M)
19% more funds holding
Funds holding: 27 → 32 (+5)
4.93% more ownership
Funds ownership: 38.36% → 43.28% (+4.9%)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$4.77M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.8M |
| 3 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$720K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$632K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$358K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LI
LVZ Inc
Holland,
Michigan
|
-$2.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.16M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$897K |
| 5 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
-$768K |
FDMO Hedge Fund Activity: Q3 2020 in Review
32 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q3 2020, worth a combined $39.3M — up 24% from $31.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FDMO positions and 5 closed out — a net gain of 5 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $4.77M. The largest seller was LVZ Inc, exiting entirely with an estimated $2.1M sold.
- 32 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q3 2020, up from 27 in Q2 2020.
- Funds reported $39.3M of Fidelity Momentum Factor ETF stock for Q3 2020, up 24% quarter-over-quarter.
- 10 funds opened new Fidelity Momentum Factor ETF positions in Q3 2020 and 5 closed out, a net change of +5 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q3 2020 was Citigroup, an estimated $4.77M added.
- The largest Fidelity Momentum Factor ETF seller in Q3 2020 was LVZ Inc, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2020.