Fidelity Enhanced Small Cap Core ETF
FESM
209 hedge funds and large institutions have $3.31B invested in Fidelity Enhanced Small Cap Core ETF in 2026 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 116 increasing their positions, 33 reducing their positions, and 16 closing their positions.
252% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 33
181% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 16
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
28% more capital invested
Capital invested by funds: $2.59B → $3.31B (+$720M)
14% more funds holding
Funds holding: 183 → 209 (+26)
1.78% more ownership
Funds ownership: 79.55% → 81.33% (+1.8%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$110M |
| 2 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
+$108M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$76.3M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
+$39.9M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$36.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Sagespring Wealth Partners
Franklin,
Tennessee
|
-$11.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.24M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.32M |
| 4 |
IA
IFG Advisory
Atlanta,
Georgia
|
-$1.61M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.55M |
FESM Hedge Fund Activity: Q1 2026 in Review
209 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Fidelity Enhanced Small Cap Core ETF (FESM) for Q1 2026, worth a combined $3.31B — up 28% from $2.59B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FESM positions and 16 closed out — a net gain of 29 holders — while 116 added to existing stakes and 33 trimmed.
The largest buyer was Fifth Third Bancorp, opening a new position worth an estimated $110M. The largest seller was Sagespring Wealth Partners, cutting an estimated $11.9M.
- 209 institutional investors held Fidelity Enhanced Small Cap Core ETF (FESM) as of Q1 2026, up from 183 in Q4 2025.
- Funds reported $3.31B of Fidelity Enhanced Small Cap Core ETF stock for Q1 2026, up 28% quarter-over-quarter.
- 45 funds opened new Fidelity Enhanced Small Cap Core ETF positions in Q1 2026 and 16 closed out, a net change of +29 holders.
- The largest Fidelity Enhanced Small Cap Core ETF buyer in Q1 2026 was Fifth Third Bancorp, an estimated $110M added.
- The largest Fidelity Enhanced Small Cap Core ETF seller in Q1 2026 was Sagespring Wealth Partners, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2026.