Fidelity Momentum Factor ETF
FDMO
35 hedge funds and large institutions have $101M invested in Fidelity Momentum Factor ETF in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
13% more funds holding
Funds holding: 31 → 35 (+4)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
9% less capital inflows, than outflows
Capital inflows: $7.25M | Capital outflows: $7.95M
1.52% less ownership
Funds ownership: 63.73% → 62.21% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.72M |
| 2 |
Trilogy Capital
Irvine,
California
|
+$1.59M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$920K |
| 4 |
Goldman Sachs
New York
|
+$901K |
| 5 |
Rockefeller Capital Management
New York
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.55M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$890K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$576K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$275K |
| 5 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$242K |
FDMO Hedge Fund Activity: Q4 2023 in Review
35 of the 6,878 institutional investors tracked by Wall St. Rank reported a position in Fidelity Momentum Factor ETF (FDMO) for Q4 2023, worth a combined $101M — up 13% from $89.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FDMO positions and 2 closed out — a net gain of 4 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.72M. The largest seller was Osaic Holdings, cutting an estimated $5.55M.
- 35 institutional investors held Fidelity Momentum Factor ETF (FDMO) as of Q4 2023, up from 31 in Q3 2023.
- Funds reported $101M of Fidelity Momentum Factor ETF stock for Q4 2023, up 13% quarter-over-quarter.
- 6 funds opened new Fidelity Momentum Factor ETF positions in Q4 2023 and 2 closed out, a net change of +4 holders.
- The largest Fidelity Momentum Factor ETF buyer in Q4 2023 was Envestnet Asset Management, an estimated $1.72M added.
- The largest Fidelity Momentum Factor ETF seller in Q4 2023 was Osaic Holdings, an estimated $5.55M sold.
Based on aggregated 13F filings for Q4 2023.