Fidelity Magellan ETF
FMAG
39 hedge funds and large institutions have $127M invested in Fidelity Magellan ETF in 2026 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
22% more funds holding
Funds holding: 32 → 39 (+7)
14% more capital invested
Capital invested by funds: $111M → $127M (+$15.4M)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0.36% more ownership
Funds ownership: 48.95% → 49.31% (+0.36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.54M |
| 2 |
Jones Financial Companies
Des Peres,
Missouri
|
+$957K |
| 3 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$494K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$483K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$3.73M |
| 2 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$2.86M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$612K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$473K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$302K |
FMAG Hedge Fund Activity: Q2 2026 in Review
39 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Fidelity Magellan ETF (FMAG) for Q2 2026, worth a combined $127M — up 14% from $111M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FMAG positions and 2 closed out — a net gain of 9 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.54M. The largest seller was Fidelity International, cutting an estimated $3.73M.
- 39 institutional investors held Fidelity Magellan ETF (FMAG) as of Q2 2026, up from 32 in Q1 2026.
- Funds reported $127M of Fidelity Magellan ETF stock for Q2 2026, up 14% quarter-over-quarter.
- 11 funds opened new Fidelity Magellan ETF positions in Q2 2026 and 2 closed out, a net change of +9 holders.
- The largest Fidelity Magellan ETF buyer in Q2 2026 was Wells Fargo, an estimated $1.54M added.
- The largest Fidelity Magellan ETF seller in Q2 2026 was Fidelity International, an estimated $3.73M sold.
Based on aggregated 13F filings for Q2 2026.