Fidelity Magellan ETF
FMAG
26 hedge funds and large institutions have $44.2M invested in Fidelity Magellan ETF in 2024 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 6 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
102% more capital invested
Capital invested by funds: $21.9M → $44.2M (+$22.3M)
10.32% more ownership
Funds ownership: 15.9% → 26.22% (+10%)
7% less funds holding
Funds holding: 28 → 26 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$14.2M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$8.69M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.22M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.16M |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$3.25M |
| 2 |
Goldman Sachs
New York
|
-$564K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$267K |
| 4 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
-$222K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$14.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| $31 | – | – | – |
|
|
AWA
27
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$3.25M | -106,155 | Closed |
|
|
28
Goldman Sachs
New York
| – | -$564K | -18,435 | Closed |
|
|
OMC
29
Old Mission Capital
Chicago,
Illinois
| – | -$267K | -8,716 | Closed |
|
|
SWM
30
Spire Wealth Management
Mclean,
Virginia
| – | -$5.3K | -173 | Closed |
|
|
LC
31
Lindbrook Capital
Calabasas,
California
| – | -$3.52K | -115 | Closed |
|
|
AWM
32
Abound Wealth Management
Franklin,
Tennessee
| – | -$919 | -30 | Closed |
|
FMAG Hedge Fund Activity: Q4 2024 in Review
26 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Fidelity Magellan ETF (FMAG) for Q4 2024, worth a combined $44.2M — up 102% from $21.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FMAG and 5 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 11 added.
The largest buyer was Wells Fargo, adding an estimated $14.2M. The largest seller was Arkadios Wealth Advisors, exiting entirely with an estimated $3.25M sold.
- 26 institutional investors held Fidelity Magellan ETF (FMAG) as of Q4 2024, down from 28 in Q3 2024.
- Funds reported $44.2M of Fidelity Magellan ETF stock for Q4 2024, up 102% quarter-over-quarter.
- 5 funds opened new Fidelity Magellan ETF positions in Q4 2024 and 6 closed out, a net change of -1 holder.
- The largest Fidelity Magellan ETF buyer in Q4 2024 was Wells Fargo, an estimated $14.2M added.
- The largest Fidelity Magellan ETF seller in Q4 2024 was Arkadios Wealth Advisors, an estimated $3.25M sold.
Based on aggregated 13F filings for Q4 2024.