Fidelity MSCI Health Care Index ETF
FHLC
286 hedge funds and large institutions have $1.23B invested in Fidelity MSCI Health Care Index ETF in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 96 increasing their positions, 112 reducing their positions, and 29 closing their positions.
0.59% less ownership
Funds ownership: 41.42% → 40.83% (-0.59%)
4% less funds holding
Funds holding: 298 → 286 (-12)
6% less capital invested
Capital invested by funds: $1.31B → $1.23B (-$76.8M)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
14% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 112
24% less funds holding in top 10
Funds holding in top 10: 17 → 13 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
+$9.84M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$5.84M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$4.61M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$4.22M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGA
Lebenthal Global Advisors
Hauppauge,
New York
|
-$8.22M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$5.67M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.34M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.19M |
| 5 |
LJAC
L.J. Altfest & Co
New York
|
-$5.05M |
FHLC Hedge Fund Activity: Q1 2023 in Review
286 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Health Care Index ETF (FHLC) for Q1 2023, worth a combined $1.23B — down 5.9% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of FHLC and 26 opened new positions — a net loss of 3 holders — while 112 trimmed existing stakes and 96 added.
The largest buyer was Connectus Wealth, adding an estimated $9.84M. The largest seller was Lebenthal Global Advisors, cutting an estimated $8.22M.
- 286 institutional investors held Fidelity MSCI Health Care Index ETF (FHLC) as of Q1 2023, down from 298 in Q4 2022.
- Funds reported $1.23B of Fidelity MSCI Health Care Index ETF stock for Q1 2023, down 5.9% quarter-over-quarter.
- 26 funds opened new Fidelity MSCI Health Care Index ETF positions in Q1 2023 and 29 closed out, a net change of -3 holders.
- The largest Fidelity MSCI Health Care Index ETF buyer in Q1 2023 was Connectus Wealth, an estimated $9.84M added.
- The largest Fidelity MSCI Health Care Index ETF seller in Q1 2023 was Lebenthal Global Advisors, an estimated $8.22M sold.
Based on aggregated 13F filings for Q1 2023.