Fidelity Enhanced Large Cap Growth ETF
FELG
86 hedge funds and large institutions have $367M invested in Fidelity Enhanced Large Cap Growth ETF in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
32% more capital invested
Capital invested by funds: $278M → $367M (+$89.9M)
8% more funds holding
Funds holding: 80 → 86 (+6)
2.1% more ownership
Funds ownership: 13.32% → 15.43% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$29.6M |
| 2 |
AT
Arden Trust
Wilmington,
Delaware
|
+$10.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.73M |
| 4 |
SPA
Sentinel Pension Advisors
Wakefield,
Massachusetts
|
+$5.02M |
| 5 |
JP Morgan Chase
New York
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.31M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.58M |
| 3 |
RFA
Rollins Financial Advisors
New York City,
New York
|
-$1.36M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$779K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$673K |
FELG Hedge Fund Activity: Q1 2024 in Review
86 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Fidelity Enhanced Large Cap Growth ETF (FELG) for Q1 2024, worth a combined $367M — up 32% from $278M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FELG positions and 10 closed out — a net gain of 8 holders — while 30 added to existing stakes and 22 trimmed.
The largest buyer was MML Investors Services, adding an estimated $29.6M. The largest seller was Royal Bank of Canada, cutting an estimated $2.31M.
- 86 institutional investors held Fidelity Enhanced Large Cap Growth ETF (FELG) as of Q1 2024, up from 80 in Q4 2023.
- Funds reported $367M of Fidelity Enhanced Large Cap Growth ETF stock for Q1 2024, up 32% quarter-over-quarter.
- 18 funds opened new Fidelity Enhanced Large Cap Growth ETF positions in Q1 2024 and 10 closed out, a net change of +8 holders.
- The largest Fidelity Enhanced Large Cap Growth ETF buyer in Q1 2024 was MML Investors Services, an estimated $29.6M added.
- The largest Fidelity Enhanced Large Cap Growth ETF seller in Q1 2024 was Royal Bank of Canada, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2024.