Fidelity Magellan ETF
FMAG
13 hedge funds and large institutions have $1.31M invested in Fidelity Magellan ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
18% more funds holding
Funds holding: 11 → 13 (+2)
2% more capital invested
Capital invested by funds: $1.29M → $1.31M (+$20.1K)
0.97% more ownership
Funds ownership: 3.12% → 4.09% (+0.97%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$370K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$61.2K |
| 3 |
SS
Sunbelt Securities
Houston,
Texas
|
+$8.86K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.63K |
| 5 |
CWP
Concord Wealth Partners
Abingdon,
Virginia
|
+$972 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.5K |
| 2 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
-$21.7K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$719 |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$18 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $564K | -$39.5K | -2,030 | -7% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $380K | +$370K | +19,012 | New |
|
|
SXL
3
Summit X LLC
Chesterfield,
Missouri
| $299K | -$21.7K | -1,115 | -7% |
|
|
4
UBS Group
Zurich,
Switzerland
| $37.6K | +$3.63K | +187 | +11% |
|
|
OIA
5
Optimum Investment Advisors
Chicago,
Illinois
| $10K | – | – | – |
|
|
SS
6
Sunbelt Securities
Houston,
Texas
| $9.01K | +$8.86K | +456 | New |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $4.11K | -$719 | -37 | -15% |
|
|
CWP
8
Concord Wealth Partners
Abingdon,
Virginia
| $1K | +$972 | +50 | New |
|
|
LC
9
Lindbrook Capital
Calabasas,
California
| $528 | – | – | – |
|
|
LFG
10
Larson Financial Group
St Louis,
Missouri
| $500 | – | – | – |
|
|
11
Commonwealth Equity Services
Waltham,
Massachusetts
| $478 | +$61.2K | +3,151 | +15% |
|
|
LWANC
12
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| $23 | – | – | – |
|
|
13
Fidelity Investments
Boston,
Massachusetts
| – | -$18 | -1 | Closed |
|
FMAG Hedge Fund Activity: Q1 2023 in Review
13 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Fidelity Magellan ETF (FMAG) for Q1 2023, worth a combined $1.31M — up 1.6% from $1.29M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FMAG positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $370K. The largest seller was Royal Bank of Canada, cutting an estimated $39.5K.
- 13 institutional investors held Fidelity Magellan ETF (FMAG) as of Q1 2023, up from 11 in Q4 2022.
- Funds reported $1.31M of Fidelity Magellan ETF stock for Q1 2023, up 1.6% quarter-over-quarter.
- 3 funds opened new Fidelity Magellan ETF positions in Q1 2023 and 1 closed out, a net change of +2 holders.
- The largest Fidelity Magellan ETF buyer in Q1 2023 was Susquehanna International Group, an estimated $370K added.
- The largest Fidelity Magellan ETF seller in Q1 2023 was Royal Bank of Canada, an estimated $39.5K sold.
Based on aggregated 13F filings for Q1 2023.