Fidelity Magellan ETF
FMAG
14 hedge funds and large institutions have $4.74M invested in Fidelity Magellan ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 13 → 14 (+1)
7% more capital invested
Capital invested by funds: $4.45M → $4.74M (+$295K)
1.09% more ownership
Funds ownership: 9.13% → 10.21% (+1.1%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$583K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.01K |
| 3 |
SFG
Steward Financial Group
Colleyville,
Texas
|
+$4.4K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$3.91K |
| 5 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
+$3.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
-$87.6K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$57.8K |
| 3 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$13K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$13K |
| 5 |
GIA
GHP Investment Advisors
Denver,
Colorado
|
-$10.4K |
FMAG Hedge Fund Activity: Q3 2023 in Review
14 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fidelity Magellan ETF (FMAG) for Q3 2023, worth a combined $4.74M — up 6.6% from $4.45M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FMAG positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $583K. The largest seller was Beam Wealth Advisors, cutting an estimated $87.6K.
- 14 institutional investors held Fidelity Magellan ETF (FMAG) as of Q3 2023, up from 13 in Q2 2023.
- Funds reported $4.74M of Fidelity Magellan ETF stock for Q3 2023, up 6.6% quarter-over-quarter.
- 3 funds opened new Fidelity Magellan ETF positions in Q3 2023 and 2 closed out, a net change of +1 holder.
- The largest Fidelity Magellan ETF buyer in Q3 2023 was Susquehanna International Group, an estimated $583K added.
- The largest Fidelity Magellan ETF seller in Q3 2023 was Beam Wealth Advisors, an estimated $87.6K sold.
Based on aggregated 13F filings for Q3 2023.