Fidelity Fundamental Small-Mid Cap ETF
FFSM
9 hedge funds and large institutions have $345K invested in Fidelity Fundamental Small-Mid Cap ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more funds holding
Funds holding: 8 → 9 (+1)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
1.75% less ownership
Funds ownership: 5.04% → 3.29% (-1.7%)
75% less capital invested
Capital invested by funds: $1.38M → $345K (-$1.03M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$170K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$25.2K |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$17.5K |
| 4 |
CWP
Concord Wealth Partners
Abingdon,
Virginia
|
+$1.07K |
| 5 |
SS
Sunbelt Securities
Houston,
Texas
|
+$21 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$389K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$206K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$9.69K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$64 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $158K | -$206K | -9,655 | -56% |
|
|
BFEC
2
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $156K | +$25.2K | +1,180 | +19% |
|
|
AAS
3
Ameritas Advisory Services
Lincoln,
Nebraska
| $17.1K | +$17.5K | +819 | New |
|
4
Osaic Holdings
Scottsdale,
Arizona
| $12.3K | – | – | – |
|
|
CWP
5
Concord Wealth Partners
Abingdon,
Virginia
| $1.05K | +$1.07K | +50 | New |
|
|
6
Commonwealth Equity Services
Waltham,
Massachusetts
| $673 | +$170K | +7,969 | +33% |
|
|
ASN
7
Advisory Services Network
Atlanta,
Georgia
| $105 | -$64 | -3 | -38% |
|
|
SS
8
Sunbelt Securities
Houston,
Texas
| $11 | +$21 | +1 | New |
|
|
9
Mercer Global Advisors
Denver,
Colorado
| – | -$389K | -19,188 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$9.69K | -478 | Closed |
|
FFSM Hedge Fund Activity: Q1 2023 in Review
9 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Fidelity Fundamental Small-Mid Cap ETF (FFSM) for Q1 2023, worth a combined $345K — down 75% from $1.38M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FFSM positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $170K. The largest seller was Mercer Global Advisors, exiting entirely with an estimated $389K sold.
- 9 institutional investors held Fidelity Fundamental Small-Mid Cap ETF (FFSM) as of Q1 2023, up from 8 in Q4 2022.
- Funds reported $345K of Fidelity Fundamental Small-Mid Cap ETF stock for Q1 2023, down 75% quarter-over-quarter.
- 3 funds opened new Fidelity Fundamental Small-Mid Cap ETF positions in Q1 2023 and 2 closed out, a net change of +1 holder.
- The largest Fidelity Fundamental Small-Mid Cap ETF buyer in Q1 2023 was Commonwealth Equity Services, an estimated $170K added.
- The largest Fidelity Fundamental Small-Mid Cap ETF seller in Q1 2023 was Mercer Global Advisors, an estimated $389K sold.
Based on aggregated 13F filings for Q1 2023.