Fidelity Enhanced Small Cap Core ETF
FESM
257 hedge funds and large institutions have $4.57B invested in Fidelity Enhanced Small Cap Core ETF in 2026 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 134 increasing their positions, 44 reducing their positions, and 8 closing their positions.
625% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 8
205% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 44
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
38% more capital invested
Capital invested by funds: $3.31B → $4.57B (+$1.26B)
23% more funds holding
Funds holding: 209 → 257 (+48)
2.09% less ownership
Funds ownership: 81.33% → 79.24% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$82.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$46.9M |
| 3 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$41.6M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$35.2M |
| 5 |
Morgan Stanley
New York
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$90.2M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$44.4M |
| 3 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$9.78M |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$8.77M |
| 5 |
Mariner
Overland Park,
Kansas
|
-$4.67M |
FESM Hedge Fund Activity: Q2 2026 in Review
257 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Fidelity Enhanced Small Cap Core ETF (FESM) for Q2 2026, worth a combined $4.57B — up 38% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new FESM positions and 8 closed out — a net gain of 50 holders — while 134 added to existing stakes and 44 trimmed.
The largest buyer was Ameriprise, adding an estimated $82.8M. The largest seller was Fidelity Investments, cutting an estimated $90.2M.
- 257 institutional investors held Fidelity Enhanced Small Cap Core ETF (FESM) as of Q2 2026, up from 209 in Q1 2026.
- Funds reported $4.57B of Fidelity Enhanced Small Cap Core ETF stock for Q2 2026, up 38% quarter-over-quarter.
- 58 funds opened new Fidelity Enhanced Small Cap Core ETF positions in Q2 2026 and 8 closed out, a net change of +50 holders.
- The largest Fidelity Enhanced Small Cap Core ETF buyer in Q2 2026 was Ameriprise, an estimated $82.8M added.
- The largest Fidelity Enhanced Small Cap Core ETF seller in Q2 2026 was Fidelity Investments, an estimated $90.2M sold.
Based on aggregated 13F filings for Q2 2026.