Fidelity Dividend ETF for Rising Rates
FDRR
91 hedge funds and large institutions have $161M invested in Fidelity Dividend ETF for Rising Rates in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
2.36% less ownership
Funds ownership: 31.22% → 28.86% (-2.4%)
3% less funds holding
Funds holding: 94 → 91 (-3)
9% less capital invested
Capital invested by funds: $176M → $161M (-$15M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$5.75M |
| 2 |
Jane Street
New York
|
+$3.98M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$838K |
| 4 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
+$779K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$662K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$11.5M |
| 2 |
MWM
Mascoma Wealth Management
Hanover,
New Hampshire
|
-$2.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.6M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.27M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$997K |
FDRR Hedge Fund Activity: Q1 2023 in Review
91 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Fidelity Dividend ETF for Rising Rates (FDRR) for Q1 2023, worth a combined $161M — down 8.5% from $176M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FDRR positions and 6 closed out — a net gain of 2 holders — while 31 added to existing stakes and 32 trimmed.
The largest buyer was Ameritas Advisory Services, adding an estimated $5.75M. The largest seller was Commonwealth Equity Services, cutting an estimated $11.5M.
- 91 institutional investors held Fidelity Dividend ETF for Rising Rates (FDRR) as of Q1 2023, down from 94 in Q4 2022.
- Funds reported $161M of Fidelity Dividend ETF for Rising Rates stock for Q1 2023, down 8.5% quarter-over-quarter.
- 8 funds opened new Fidelity Dividend ETF for Rising Rates positions in Q1 2023 and 6 closed out, a net change of +2 holders.
- The largest Fidelity Dividend ETF for Rising Rates buyer in Q1 2023 was Ameritas Advisory Services, an estimated $5.75M added.
- The largest Fidelity Dividend ETF for Rising Rates seller in Q1 2023 was Commonwealth Equity Services, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2023.