Fidelity Fundamental Small-Mid Cap ETF
FFSM
49 hedge funds and large institutions have $674M invested in Fidelity Fundamental Small-Mid Cap ETF in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
10% more capital invested
Capital invested by funds: $614M → $674M (+$59.5M)
7% more funds holding
Funds holding: 46 → 49 (+3)
0.48% more ownership
Funds ownership: 88.57% → 89.05% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$8.48M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.98M |
| 3 |
MWS
MFA Wealth Services
Thousand Oaks,
California
|
+$1.44M |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$1.21M |
| 5 |
SWA
Sax Wealth Advisors
Parsippany,
New Jersey
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KOMWMG
Kerntke Otto McGlone Wealth Management Group
Appleton,
Wisconsin
|
-$3.17M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$476K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$322K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$270K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$235K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$235K | -8,428 | Closed |
|
52
AQR Capital Management
Greenwich,
Connecticut
| – | -$215K | -7,907 | Closed |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| – | -$101K | -3,722 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$68.5K | -2,520 | Closed |
|
55
Raymond James Financial
St Petersburg,
Florida
| – | -$2.39K | -88 | Closed |
|
FFSM Hedge Fund Activity: Q3 2025 in Review
49 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Fidelity Fundamental Small-Mid Cap ETF (FFSM) for Q3 2025, worth a combined $674M — up 9.7% from $614M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FFSM positions and 6 closed out — a net gain of 5 holders — while 21 added to existing stakes and 12 trimmed.
The largest buyer was MAI Capital Management, opening a new position worth an estimated $8.48M. The largest seller was Kerntke Otto McGlone Wealth Management Group, cutting an estimated $3.17M.
- 49 institutional investors held Fidelity Fundamental Small-Mid Cap ETF (FFSM) as of Q3 2025, up from 46 in Q2 2025.
- Funds reported $674M of Fidelity Fundamental Small-Mid Cap ETF stock for Q3 2025, up 9.7% quarter-over-quarter.
- 11 funds opened new Fidelity Fundamental Small-Mid Cap ETF positions in Q3 2025 and 6 closed out, a net change of +5 holders.
- The largest Fidelity Fundamental Small-Mid Cap ETF buyer in Q3 2025 was MAI Capital Management, an estimated $8.48M added.
- The largest Fidelity Fundamental Small-Mid Cap ETF seller in Q3 2025 was Kerntke Otto McGlone Wealth Management Group, an estimated $3.17M sold.
Based on aggregated 13F filings for Q3 2025.