Fidelity MSCI Health Care Index ETF
FHLC
335 hedge funds and large institutions have $929M invested in Fidelity MSCI Health Care Index ETF in 2025 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 119 increasing their positions, 115 reducing their positions, and 41 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 115
0.4% less ownership
Funds ownership: 38.53% → 38.12% (-0.4%)
4% less funds holding
Funds holding: 350 → 335 (-15)
8% less capital invested
Capital invested by funds: $1.01B → $929M (-$84.9M)
24% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 41
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
AGF Management
Toronto,
Ontario, Canada
|
+$10.7M |
| 2 |
Two Sigma Investments
New York
|
+$9.4M |
| 3 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$6.76M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$6.17M |
| 5 |
MAM
Marotta Asset Management
Charlottesville,
Virginia
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
Demars Financial Group
Spokane Valley,
Washington
|
-$35.6M |
| 2 |
ECML
Eagle Capital Management (Louisiana)
Mandeville,
Louisiana
|
-$10.4M |
| 3 |
IFA
Independence Financial Advisors
Franklin,
New Hampshire
|
-$7.64M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.05M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$5.93M |
FHLC Hedge Fund Activity: Q2 2025 in Review
335 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Health Care Index ETF (FHLC) for Q2 2025, worth a combined $929M — down 8.4% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of FHLC and 31 opened new positions — a net loss of 10 holders — while 115 trimmed existing stakes and 119 added.
The largest buyer was AGF Management, adding an estimated $10.7M. The largest seller was Demars Financial Group, cutting an estimated $35.6M.
- 335 institutional investors held Fidelity MSCI Health Care Index ETF (FHLC) as of Q2 2025, down from 350 in Q1 2025.
- Funds reported $929M of Fidelity MSCI Health Care Index ETF stock for Q2 2025, down 8.4% quarter-over-quarter.
- 31 funds opened new Fidelity MSCI Health Care Index ETF positions in Q2 2025 and 41 closed out, a net change of -10 holders.
- The largest Fidelity MSCI Health Care Index ETF buyer in Q2 2025 was AGF Management, an estimated $10.7M added.
- The largest Fidelity MSCI Health Care Index ETF seller in Q2 2025 was Demars Financial Group, an estimated $35.6M sold.
Based on aggregated 13F filings for Q2 2025.