Fidelity MSCI Health Care Index ETF
FHLC
150 hedge funds and large institutions have $560M invested in Fidelity MSCI Health Care Index ETF in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 15 closing their positions.
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
42% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 43
13% more capital invested
Capital invested by funds: $498M → $560M (+$62.8M)
6% more funds holding
Funds holding: 141 → 150 (+9)
2.78% more ownership
Funds ownership: 32.33% → 35.11% (+2.8%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$22.3M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$18.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.13M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$6.43M |
| 5 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$34.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$9.22M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$7.81M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$4.28M |
| 5 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$3.37M |
FHLC Hedge Fund Activity: Q1 2019 in Review
150 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Health Care Index ETF (FHLC) for Q1 2019, worth a combined $560M — up 13% from $498M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FHLC positions and 15 closed out — a net gain of 10 holders — while 61 added to existing stakes and 43 trimmed.
The largest buyer was FormulaFolio Investments, adding an estimated $22.3M. The largest seller was Richard C. Young & Co, exiting entirely with an estimated $34.1M sold.
- 150 institutional investors held Fidelity MSCI Health Care Index ETF (FHLC) as of Q1 2019, up from 141 in Q4 2018.
- Funds reported $560M of Fidelity MSCI Health Care Index ETF stock for Q1 2019, up 13% quarter-over-quarter.
- 25 funds opened new Fidelity MSCI Health Care Index ETF positions in Q1 2019 and 15 closed out, a net change of +10 holders.
- The largest Fidelity MSCI Health Care Index ETF buyer in Q1 2019 was FormulaFolio Investments, an estimated $22.3M added.
- The largest Fidelity MSCI Health Care Index ETF seller in Q1 2019 was Richard C. Young & Co, an estimated $34.1M sold.
Based on aggregated 13F filings for Q1 2019.