Fidelity Momentum Factor ETF
FDMO
37 hedge funds and large institutions have $98.1M invested in Fidelity Momentum Factor ETF in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 5 closing their positions.
123% more capital inflows, than outflows
Capital inflows: $20.6M | Capital outflows: $9.22M
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
6% more funds holding
Funds holding: 35 → 37 (+2)
1.86% more ownership
Funds ownership: 63.6% → 65.46% (+1.9%)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Great Lakes Retirement
Sandusky,
Ohio
|
+$11.3M |
| 2 |
Cerity Partners
New York
|
+$4.44M |
| 3 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.18M |
| 4 |
AE Wealth Management
Topeka,
Kansas
|
+$761K |
| 5 |
Prudential plc
London, England,
United Kingdom
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.71M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.5M |
| 3 |
BMS Financial Advisors
Rapid City,
South Dakota
|
-$1.47M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.21M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.18M |
FDMO Hedge Fund Activity: Q2 2023 in Review
37 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q2 2023, worth a combined $98.1M — up 21% from $80.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FDMO positions and 5 closed out — a net gain of 3 holders — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Great Lakes Retirement, opening a new position worth an estimated $11.3M. The largest seller was Osaic Holdings, cutting an estimated $1.71M.
- 37 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q2 2023, up from 35 in Q1 2023.
- Funds reported $98.1M of Fidelity Momentum Factor ETF stock for Q2 2023, up 21% quarter-over-quarter.
- 8 funds opened new Fidelity Momentum Factor ETF positions in Q2 2023 and 5 closed out, a net change of +3 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q2 2023 was Great Lakes Retirement, an estimated $11.3M added.
- The largest Fidelity Momentum Factor ETF seller in Q2 2023 was Osaic Holdings, an estimated $1.71M sold.
Based on aggregated 13F filings for Q2 2023.