Fidelity Fundamental Small-Mid Cap ETF
FFSM
46 hedge funds and large institutions have $614M invested in Fidelity Fundamental Small-Mid Cap ETF in 2025 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 9 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
21% more funds holding
Funds holding: 38 → 46 (+8)
1.65% less ownership
Funds ownership: 90.23% → 88.57% (-1.7%)
17% less capital invested
Capital invested by funds: $736M → $614M (-$122M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$8.91M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$2.08M |
| 3 |
KOMWMG
Kerntke Otto McGlone Wealth Management Group
Appleton,
Wisconsin
|
+$1.99M |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$823K |
| 5 |
CJH
Christopher J. Hasenberg
Eau Claire,
Wisconsin
|
+$730K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$161M |
| 2 |
Jane Street
New York
|
-$19.4M |
| 3 |
SLWA
San Luis Wealth Advisors
San Luis Obispo,
California
|
-$3.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.01M |
| 5 |
HF
HRT Financial
New York
|
-$571K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
51
Old Mission Capital
Chicago,
Illinois
| – | -$328K | -12,978 | Closed |
|
52
Wells Fargo
San Francisco,
California
| – | -$2.8K | -111 | Closed |
|
|
MFA
53
McClarren Financial Advisors
State College,
Pennsylvania
| – | -$2K | -50 | Closed |
|
|
AF
54
Allworth Financial
Folsom,
California
| – | -$1.14K | -47 | Closed |
|
55
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$295 | -13 | Closed |
|
FFSM Hedge Fund Activity: Q2 2025 in Review
46 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Fidelity Fundamental Small-Mid Cap ETF (FFSM) for Q2 2025, worth a combined $614M — down 17% from $736M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FFSM positions and 9 closed out — a net gain of 8 holders — while 19 added to existing stakes and 8 trimmed.
The largest buyer was RFG Advisory, opening a new position worth an estimated $8.91M. The largest seller was Fidelity Investments, cutting an estimated $161M.
- 46 institutional investors held Fidelity Fundamental Small-Mid Cap ETF (FFSM) as of Q2 2025, up from 38 in Q1 2025.
- Funds reported $614M of Fidelity Fundamental Small-Mid Cap ETF stock for Q2 2025, down 17% quarter-over-quarter.
- 17 funds opened new Fidelity Fundamental Small-Mid Cap ETF positions in Q2 2025 and 9 closed out, a net change of +8 holders.
- The largest Fidelity Fundamental Small-Mid Cap ETF buyer in Q2 2025 was RFG Advisory, an estimated $8.91M added.
- The largest Fidelity Fundamental Small-Mid Cap ETF seller in Q2 2025 was Fidelity Investments, an estimated $161M sold.
Based on aggregated 13F filings for Q2 2025.