Fidelity Magellan ETF
FMAG
32 hedge funds and large institutions have $111M invested in Fidelity Magellan ETF in 2026 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 5 closing their positions.
0% more ownership
Funds ownership: 48.95% → 48.95% (+0%)
3% less funds holding
Funds holding: 33 → 32 (-1)
15% less capital invested
Capital invested by funds: $130M → $111M (-$19M)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
+$943K |
| 2 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$915K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$385K |
| 4 |
JP Morgan Chase
New York
|
+$248K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$5.07M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$1.91M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.39M |
| 4 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
-$1.2M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAI
26
Vanguard Advisers Inc
Malvern,
Pennsylvania
| $8.85K | +$9.39K | +280 | New |
|
|
HC
27
Hurley Capital
New York
| $4.3K | -$134 | -4 | -3% |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $3.76K | -$1.95K | -58 | -33% |
|
|
SIC
29
Salem Investment Counselors
Winston Salem,
North Carolina
| $3.64K | +$3.86K | +115 | New |
|
|
TSMHT
30
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| $3.16K | – | – | – |
|
|
AAP
31
Arax Advisory Partners
Denver,
Colorado
| $2.88K | -$501K | -14,945 | -100% |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| $126 | – | – | – |
|
|
JWCA
33
J.W. Cole Advisors
Tampa,
Florida
| – | -$1.91M | -55,902 | Closed |
|
34
Jane Street
New York
| – | -$280K | -8,210 | Closed |
|
|
TSS
35
Two Sigma Securities
New York
| – | -$206K | -6,037 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$21.4K | -626 | Closed |
|
|
GIA
37
GHP Investment Advisors
Denver,
Colorado
| – | -$16.1K | -471 | Closed |
|
FMAG Hedge Fund Activity: Q1 2026 in Review
32 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Fidelity Magellan ETF (FMAG) for Q1 2026, worth a combined $111M — down 15% from $130M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FMAG and 4 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 11 added.
The largest buyer was Jones Financial Companies, adding an estimated $943K. The largest seller was Fidelity International, cutting an estimated $5.07M.
- 32 institutional investors held Fidelity Magellan ETF (FMAG) as of Q1 2026, down from 33 in Q4 2025.
- Funds reported $111M of Fidelity Magellan ETF stock for Q1 2026, down 15% quarter-over-quarter.
- 4 funds opened new Fidelity Magellan ETF positions in Q1 2026 and 5 closed out, a net change of -1 holder.
- The largest Fidelity Magellan ETF buyer in Q1 2026 was Jones Financial Companies, an estimated $943K added.
- The largest Fidelity Magellan ETF seller in Q1 2026 was Fidelity International, an estimated $5.07M sold.
Based on aggregated 13F filings for Q1 2026.