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Fidelity Magellan ETF
FMAG

17 hedge funds and large institutions have $8.81M invested in Fidelity Magellan ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

59% more capital invested

Capital invested by funds: $5.56M → $8.81M (+$3.25M)

31% more funds holding

Funds holding: 13 → 17 (+4)

0.2% more ownership

Funds ownership: 10.34% → 10.54% (+0.2%)

25% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 4

Holders
17
Holders Change
+4
Holders Change %
+30.77%
% of All Funds
0.24%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
3
Reduced
4
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
JWCA
J.W. Cole Advisors
Florida
+$1.7M
2
UBS Group
UBS Group
Switzerland
+$1.04M
3
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$264K
4
GM
GeoWealth Management
Illinois
+$212K
5
S
SignatureFD
Georgia
+$2.62K

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$600K
2
Citadel Advisors
Citadel Advisors
Florida
-$353K
3
SXL
Summit X LLC
Missouri
-$19.4K
4
BWA
Beam Wealth Advisors
Louisiana
-$7.61K
5
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$2.26K
Name Holding Trade Value Shares
Change 		Change in
Stake
BWA
1
Beam Wealth Advisors
Louisiana
$3.94M -$7.61K -290 -0.2%
JWCA
2
J.W. Cole Advisors
Florida
$1.82M +$1.7M +64,896 New
UBS Group
3
UBS Group
Switzerland
$1.14M +$1.04M +39,703 +3,862%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$639K -$2.26K -86 -0.4%
SXL
5
Summit X LLC
Missouri
$400K -$19.4K -738 -5%
Rockefeller Capital Management
6
Rockefeller Capital Management
New York
$282K +$264K +10,056 New
Citadel Advisors
7
Citadel Advisors
Florida
$249K -$353K -13,453 -60%
GM
8
GeoWealth Management
Illinois
$227K +$212K +8,077 New
PS
9
Principal Securities
Iowa
$56.1K – – –
SS
10
Sunbelt Securities
Texas
$26.2K – – –
GIA
11
GHP Investment Advisors
Colorado
$13.2K – – –
IA
12
IFP Advisors
Florida
$6.76K +$315 +12 +5%
SPIA
13
Steward Partners Investment Advisory
New York
$5K – – –
LC
14
Lindbrook Capital
California
$2.98K +$866 +33 +45%
S
15
SignatureFD
Georgia
$2.81K +$2.62K +100 New
Osaic Holdings
16
Osaic Holdings
Arizona
$1.38K +$1.31K +50 New
Morgan Stanley
17
Morgan Stanley
New York
$41 +$26 +1 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
– -$600K -24,877 Closed
LFG
19
Larson Financial Group
Missouri
– -$603 -25 Closed

FMAG Hedge Fund Activity: Q1 2024 in Review

17 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Fidelity Magellan ETF (FMAG) for Q1 2024, worth a combined $8.81M — up 59% from $5.56M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FMAG positions and 2 closed out — a net gain of 4 holders — while 3 added to existing stakes and 4 trimmed.

The largest buyer was J.W. Cole Advisors, opening a new position worth an estimated $1.7M. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $600K sold.

  • 17 institutional investors held Fidelity Magellan ETF (FMAG) as of Q1 2024, up from 13 in Q4 2023.
  • Funds reported $8.81M of Fidelity Magellan ETF stock for Q1 2024, up 59% quarter-over-quarter.
  • 6 funds opened new Fidelity Magellan ETF positions in Q1 2024 and 2 closed out, a net change of +4 holders.
  • The largest Fidelity Magellan ETF buyer in Q1 2024 was J.W. Cole Advisors, an estimated $1.7M added.
  • The largest Fidelity Magellan ETF seller in Q1 2024 was Royal Bank of Canada, an estimated $600K sold.

Based on aggregated 13F filings for Q1 2024.