Fidelity Fundamental Small-Mid Cap ETF
FFSM
62 hedge funds and large institutions have $877M invested in Fidelity Fundamental Small-Mid Cap ETF in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
125% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 12
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
30% more capital invested
Capital invested by funds: $674M → $877M (+$204M)
27% more funds holding
Funds holding: 49 → 62 (+13)
4.5% more ownership
Funds ownership: 89.05% → 93.55% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$109M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$24.1M |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$9.44M |
| 4 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$1.21M |
| 5 |
SWA
Sax Wealth Advisors
Parsippany,
New Jersey
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WQ
Wealth Quarterback
Toms River,
New Jersey
|
-$3.67M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
-$814K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$677K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$302K |
| 5 |
BFA
Beacon Financial Advisory
Cleveland,
Ohio
|
-$204K |
FFSM Hedge Fund Activity: Q4 2025 in Review
62 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Fidelity Fundamental Small-Mid Cap ETF (FFSM) for Q4 2025, worth a combined $877M — up 30% from $674M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FFSM positions and 4 closed out — a net gain of 13 holders — while 27 added to existing stakes and 12 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $109M. The largest seller was Wealth Quarterback, cutting an estimated $3.67M.
- 62 institutional investors held Fidelity Fundamental Small-Mid Cap ETF (FFSM) as of Q4 2025, up from 49 in Q3 2025.
- Funds reported $877M of Fidelity Fundamental Small-Mid Cap ETF stock for Q4 2025, up 30% quarter-over-quarter.
- 17 funds opened new Fidelity Fundamental Small-Mid Cap ETF positions in Q4 2025 and 4 closed out, a net change of +13 holders.
- The largest Fidelity Fundamental Small-Mid Cap ETF buyer in Q4 2025 was Fidelity Investments, an estimated $109M added.
- The largest Fidelity Fundamental Small-Mid Cap ETF seller in Q4 2025 was Wealth Quarterback, an estimated $3.67M sold.
Based on aggregated 13F filings for Q4 2025.