Fidelity MSCI Health Care Index ETF
FHLC
56 hedge funds and large institutions have $97.2M invested in Fidelity MSCI Health Care Index ETF in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 14 closing their positions.
6.2% less ownership
Funds ownership: 23.22% → 17.02% (-6.2%)
11% less funds holding
Funds holding: 63 → 56 (-7)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
43% less capital invested
Capital invested by funds: $170M → $97.2M (-$73.1M)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$19.8M |
| 2 |
Goldman Sachs
New York
|
+$3.65M |
| 3 |
SG Americas Securities
New York
|
+$2.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.66M |
| 5 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$34.1M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$20M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$10M |
| 4 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$7.83M |
| 5 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$6.93M |
FHLC Hedge Fund Activity: Q1 2016 in Review
56 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Health Care Index ETF (FHLC) for Q1 2016, worth a combined $97.2M — down 43% from $170M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FHLC and 7 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 20 added.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $19.8M. The largest seller was Envestnet Asset Management, cutting an estimated $34.1M.
- 56 institutional investors held Fidelity MSCI Health Care Index ETF (FHLC) as of Q1 2016, down from 63 in Q4 2015.
- Funds reported $97.2M of Fidelity MSCI Health Care Index ETF stock for Q1 2016, down 43% quarter-over-quarter.
- 7 funds opened new Fidelity MSCI Health Care Index ETF positions in Q1 2016 and 14 closed out, a net change of -7 holders.
- The largest Fidelity MSCI Health Care Index ETF buyer in Q1 2016 was Pinnacle Advisory Group, an estimated $19.8M added.
- The largest Fidelity MSCI Health Care Index ETF seller in Q1 2016 was Envestnet Asset Management, an estimated $34.1M sold.
Based on aggregated 13F filings for Q1 2016.