We are live on ! Find out more
FESM icon

Fidelity Enhanced Small Cap Core ETF
FESM

145 hedge funds and large institutions have $1.75B invested in Fidelity Enhanced Small Cap Core ETF in 2025 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 81 increasing their positions, 19 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 7

326% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 19

40% more funds holding in top 10

Funds holding in top 10: 5 → 7 (+2)

37% more capital invested

Capital invested by funds: $1.28B → $1.75B (+$471M)

22% more funds holding

Funds holding: 119 → 145 (+26)

4.01% more ownership

Funds ownership: 68.09% → 72.1% (+4%)

Holders
145
Holders Change
+26
Holders Change %
+21.85%
% of All Funds
1.9%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.09%
New
35
Increased
81
Reduced
19
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
VIA
Vantagepoint Investment Advisers
District of Columbia
+$48.3M
2
CWM
Calamos Wealth Management
Illinois
+$31.8M
3
LPL Financial
LPL Financial
California
+$31.5M
4
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$28.7M
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$26.1M

Top Sellers

1
Goldman Sachs
Goldman Sachs
New York
-$5.77M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$5.12M
3
GFA
Gallagher Fiduciary Advisors
Illinois
-$4.23M
4
CWM
Cornerstone Wealth Management
Missouri
-$1.21M
5
SPC
Sigma Planning Corp
Michigan
-$520K
Name Holding Trade Value Shares
Change 		Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$990M +$4.95M +144,161 +0.5%
LPL Financial
2
LPL Financial
California
$94.1M +$31.5M +915,739 +55%
Northwestern Mutual Wealth Management
3
Northwestern Mutual Wealth Management
Wisconsin
$90.7M +$26.1M +759,702 +44%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$58.5M -$5.12M -149,097 -9%
VIA
5
Vantagepoint Investment Advisers
District of Columbia
$51.4M +$48.3M +1,404,752 New
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$37.8M +$28.7M +836,014 +424%
CWM
7
Calamos Wealth Management
Illinois
$33.9M +$31.8M +926,589 New
Wells Fargo
8
Wells Fargo
California
$32.4M +$10.8M +314,594 +55%
Osaic Holdings
9
Osaic Holdings
Arizona
$21.4M +$11.3M +329,808 +125%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$20.8M +$9.54M +277,712 +96%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$15.6M +$14.6M +425,876 New
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$15.4M +$106K +3,086 +0.7%
LHC
13
Little House Capital
Massachusetts
$13.8M +$353K +10,273 +3%
PCIA
14
Prime Capital Investment Advisors
Kansas
$13.1M -$171K -4,971 -1%
Raymond James Financial
15
Raymond James Financial
Florida
$12.8M +$3.22M +93,699 +37%
SIAS
16
Summit Investment Advisory Services
Minnesota
$11.6M +$172K +5,001 +2%
SWP
17
Sagespring Wealth Partners
Tennessee
$11.5M +$560K +16,293 +5%
DC
18
Dahring Cusmano
Michigan
$9.38M +$316K +9,198 +4%
LPFG
19
Landing Point Financial Group
Ohio
$8.9M -$210K -6,107 -2%
PI
20
Parkside Investments
Illinois
$8.67M +$3.97M +115,675 +95%
BFG
21
Berger Financial Group
Minnesota
$7.68M +$221K +6,430 +3%
Morgan Stanley
22
Morgan Stanley
New York
$7.35M +$6.66M +193,820 +2,726%
SFA
23
Salus Financial Advisors
Colorado
$7.35M +$160K +4,660 +2%
Stifel Financial
24
Stifel Financial
Missouri
$7.19M +$2.83M +82,444 +72%
AI
25
Atria Investments
North Carolina
$6.49M -$87.1K -2,535 -1%
1
2 3 4 5

FESM Hedge Fund Activity: Q3 2025 in Review

145 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Fidelity Enhanced Small Cap Core ETF (FESM) for Q3 2025, worth a combined $1.75B — up 37% from $1.28B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new FESM positions and 7 closed out — a net gain of 28 holders — while 81 added to existing stakes and 19 trimmed.

The largest buyer was Vantagepoint Investment Advisers, opening a new position worth an estimated $48.3M. The largest seller was Goldman Sachs, exiting entirely with an estimated $5.77M sold.

  • 145 institutional investors held Fidelity Enhanced Small Cap Core ETF (FESM) as of Q3 2025, up from 119 in Q2 2025.
  • Funds reported $1.75B of Fidelity Enhanced Small Cap Core ETF stock for Q3 2025, up 37% quarter-over-quarter.
  • 35 funds opened new Fidelity Enhanced Small Cap Core ETF positions in Q3 2025 and 7 closed out, a net change of +28 holders.
  • The largest Fidelity Enhanced Small Cap Core ETF buyer in Q3 2025 was Vantagepoint Investment Advisers, an estimated $48.3M added.
  • The largest Fidelity Enhanced Small Cap Core ETF seller in Q3 2025 was Goldman Sachs, an estimated $5.77M sold.

Based on aggregated 13F filings for Q3 2025.