Fidelity Enhanced Small Cap Core ETF
FESM
119 hedge funds and large institutions have $1.28B invested in Fidelity Enhanced Small Cap Core ETF in 2025 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 51 increasing their positions, 19 reducing their positions, and 7 closing their positions.
471% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 7
168% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 19
38% more funds holding
Funds holding: 86 → 119 (+33)
16% more capital invested
Capital invested by funds: $1.1B → $1.28B (+$181M)
2.21% more ownership
Funds ownership: 65.88% → 68.09% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$21.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$19M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$16.9M |
| 4 |
SWP
Sagespring Wealth Partners
Franklin,
Tennessee
|
+$8.85M |
| 5 |
Goldman Sachs
New York
|
+$5.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$13.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.58M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$7.18M |
| 4 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$5.98M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$8.84K | -300 | Closed |
|
|
PMFA
127
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$4.92K | -167 | Closed |
|
FESM Hedge Fund Activity: Q2 2025 in Review
119 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Fidelity Enhanced Small Cap Core ETF (FESM) for Q2 2025, worth a combined $1.28B — up 16% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FESM positions and 7 closed out — a net gain of 33 holders — while 51 added to existing stakes and 19 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $21.3M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $13.5M sold.
- 119 institutional investors held Fidelity Enhanced Small Cap Core ETF (FESM) as of Q2 2025, up from 86 in Q1 2025.
- Funds reported $1.28B of Fidelity Enhanced Small Cap Core ETF stock for Q2 2025, up 16% quarter-over-quarter.
- 40 funds opened new Fidelity Enhanced Small Cap Core ETF positions in Q2 2025 and 7 closed out, a net change of +33 holders.
- The largest Fidelity Enhanced Small Cap Core ETF buyer in Q2 2025 was Northwestern Mutual Wealth Management, an estimated $21.3M added.
- The largest Fidelity Enhanced Small Cap Core ETF seller in Q2 2025 was Flow Traders U.S., an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2025.