Fidelity MSCI Health Care Index ETF
FHLC
68 hedge funds and large institutions have $105M invested in Fidelity MSCI Health Care Index ETF in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
3% more funds holding
Funds holding: 66 → 68 (+2)
0.04% more ownership
Funds ownership: 18.05% → 18.08% (+0.04%)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
6% less capital invested
Capital invested by funds: $112M → $105M (-$7.26M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$19.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.19M |
| 3 |
Morgan Stanley
New York
|
+$2.15M |
| 4 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$1.44M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$12.9M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$9.76M |
| 3 |
VF
Virtu Financial
New York
|
-$6.39M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$5.96M |
| 5 |
Jane Street
New York
|
-$2.41M |
FHLC Hedge Fund Activity: Q4 2016 in Review
68 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Health Care Index ETF (FHLC) for Q4 2016, worth a combined $105M — down 6.5% from $112M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FHLC positions and 12 closed out — a net gain of 3 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $19.7M. The largest seller was Envestnet Asset Management, cutting an estimated $12.9M.
- 68 institutional investors held Fidelity MSCI Health Care Index ETF (FHLC) as of Q4 2016, up from 66 in Q3 2016.
- Funds reported $105M of Fidelity MSCI Health Care Index ETF stock for Q4 2016, down 6.5% quarter-over-quarter.
- 15 funds opened new Fidelity MSCI Health Care Index ETF positions in Q4 2016 and 12 closed out, a net change of +3 holders.
- The largest Fidelity MSCI Health Care Index ETF buyer in Q4 2016 was Pinnacle Advisory Group, an estimated $19.7M added.
- The largest Fidelity MSCI Health Care Index ETF seller in Q4 2016 was Envestnet Asset Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2016.