Fidelity Momentum Factor ETF
FDMO
35 hedge funds and large institutions have $78.8M invested in Fidelity Momentum Factor ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more capital invested
Capital invested by funds: $67.4M → $78.8M (+$11.4M)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
5.3% more ownership
Funds ownership: 58.3% → 63.6% (+5.3%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
5% less funds holding
Funds holding: 37 → 35 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.4M |
| 2 |
LI
LVZ Inc
Holland,
Michigan
|
+$2.43M |
| 3 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
+$1.72M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$883K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
CFO4Life Group
Coppell,
Texas
|
-$2.04M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$466K |
| 4 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$347K |
| 5 |
TC
Trilogy Capital
Irvine,
California
|
-$322K |
FDMO Hedge Fund Activity: Q1 2023 in Review
35 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q1 2023, worth a combined $78.8M — up 17% from $67.4M a quarter earlier.
Fund positioning in FDMO was balanced in Q1 2023: 6 funds opened new positions, 6 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $14.4M. The largest seller was CFO4Life Group, exiting entirely with an estimated $2.04M sold.
- 35 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q1 2023, down from 37 in Q4 2022.
- Funds reported $78.8M of Fidelity Momentum Factor ETF stock for Q1 2023, up 17% quarter-over-quarter.
- 6 funds opened new Fidelity Momentum Factor ETF positions in Q1 2023 and 6 closed out, a net change of 0 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $14.4M added.
- The largest Fidelity Momentum Factor ETF seller in Q1 2023 was CFO4Life Group, an estimated $2.04M sold.
Based on aggregated 13F filings for Q1 2023.