Fidelity Momentum Factor ETF
FDMO
35 hedge funds and large institutions have $69.7M invested in Fidelity Momentum Factor ETF in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
26% more capital invested
Capital invested by funds: $55.3M → $69.7M (+$14.4M)
13% more funds holding
Funds holding: 31 → 35 (+4)
4.4% more ownership
Funds ownership: 50.03% → 54.43% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.22M |
| 2 |
LWA
Lineweaver Wealth Advisors
Valley View,
Ohio
|
+$4.33M |
| 3 |
Citigroup
New York
|
+$3.14M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$3M |
| 2 |
LI
LVZ Inc
Holland,
Michigan
|
-$2.79M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.15M |
| 4 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$926K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$431K |
FDMO Hedge Fund Activity: Q1 2021 in Review
35 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q1 2021, worth a combined $69.7M — up 26% from $55.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FDMO positions and 5 closed out — a net gain of 4 holders — while 7 added to existing stakes and 13 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $7.22M. The largest seller was Kestra Advisory Services, cutting an estimated $3M.
- 35 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q1 2021, up from 31 in Q4 2020.
- Funds reported $69.7M of Fidelity Momentum Factor ETF stock for Q1 2021, up 26% quarter-over-quarter.
- 9 funds opened new Fidelity Momentum Factor ETF positions in Q1 2021 and 5 closed out, a net change of +4 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q1 2021 was Fidelity Investments, an estimated $7.22M added.
- The largest Fidelity Momentum Factor ETF seller in Q1 2021 was Kestra Advisory Services, an estimated $3M sold.
Based on aggregated 13F filings for Q1 2021.