Fidelity Magellan ETF
FMAG
13 hedge funds and large institutions have $5.56M invested in Fidelity Magellan ETF in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
17% more capital invested
Capital invested by funds: $4.74M → $5.56M (+$814K)
0.12% more ownership
Funds ownership: 10.21% → 10.34% (+0.12%)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
7% less funds holding
Funds holding: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$503K |
| 2 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
+$175K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$44.4K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$16.7K |
| 5 |
SS
Sunbelt Securities
Houston,
Texas
|
+$9.74K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$565K |
| 2 |
OIA
Optimum Investment Advisors
Chicago,
Illinois
|
-$10.7K |
| 3 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
-$2.25K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.05K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$248 |
FMAG Hedge Fund Activity: Q4 2023 in Review
13 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fidelity Magellan ETF (FMAG) for Q4 2023, worth a combined $5.56M — up 17% from $4.74M a quarter earlier.
Fund positioning in FMAG was balanced in Q4 2023: 2 funds opened new positions, 2 closed out, 5 added to existing stakes and 3 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $503K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $565K sold.
- 13 institutional investors held Fidelity Magellan ETF (FMAG) as of Q4 2023, down from 14 in Q3 2023.
- Funds reported $5.56M of Fidelity Magellan ETF stock for Q4 2023, up 17% quarter-over-quarter.
- 2 funds opened new Fidelity Magellan ETF positions in Q4 2023 and 2 closed out, a net change of 0 holders.
- The largest Fidelity Magellan ETF buyer in Q4 2023 was Citadel Advisors, an estimated $503K added.
- The largest Fidelity Magellan ETF seller in Q4 2023 was Susquehanna International Group, an estimated $565K sold.
Based on aggregated 13F filings for Q4 2023.