Fidelity Momentum Factor ETF
FDMO
37 hedge funds and large institutions have $67.4M invested in Fidelity Momentum Factor ETF in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
32% more capital invested
Capital invested by funds: $51M → $67.4M (+$16.4M)
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
19% more funds holding
Funds holding: 31 → 37 (+6)
9.66% more ownership
Funds ownership: 48.64% → 58.3% (+9.7%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.24M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.75M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.43M |
| 4 |
CG
CFO4Life Group
Coppell,
Texas
|
+$2.08M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
-$2.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$845K |
| 3 |
CAG
Compass Advisory Group
Melville,
New York
|
-$623K |
| 4 |
Goldman Sachs
New York
|
-$469K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$408K |
FDMO Hedge Fund Activity: Q4 2022 in Review
37 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q4 2022, worth a combined $67.4M — up 32% from $51M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FDMO positions and 5 closed out — a net gain of 7 holders — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $5.24M. The largest seller was BMS Financial Advisors, exiting entirely with an estimated $2.6M sold.
- 37 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q4 2022, up from 31 in Q3 2022.
- Funds reported $67.4M of Fidelity Momentum Factor ETF stock for Q4 2022, up 32% quarter-over-quarter.
- 12 funds opened new Fidelity Momentum Factor ETF positions in Q4 2022 and 5 closed out, a net change of +7 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q4 2022 was Envestnet Asset Management, an estimated $5.24M added.
- The largest Fidelity Momentum Factor ETF seller in Q4 2022 was BMS Financial Advisors, an estimated $2.6M sold.
Based on aggregated 13F filings for Q4 2022.