Fidelity Magellan ETF
FMAG
21 hedge funds and large institutions have $14.9M invested in Fidelity Magellan ETF in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
70% more capital invested
Capital invested by funds: $8.81M → $14.9M (+$6.14M)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
24% more funds holding
Funds holding: 17 → 21 (+4)
2.62% more ownership
Funds ownership: 10.54% → 13.15% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.45M |
| 3 |
Goldman Sachs
New York
|
+$531K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$352K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$1.01M |
| 2 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
-$560K |
| 3 |
Rockefeller Capital Management
New York
|
-$282K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$249K |
| 5 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$227K |
FMAG Hedge Fund Activity: Q2 2024 in Review
21 of the 6,936 institutional investors tracked by Wall St. Rank reported a position in Fidelity Magellan ETF (FMAG) for Q2 2024, worth a combined $14.9M — up 70% from $8.81M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FMAG positions and 4 closed out — a net gain of 4 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $3.1M. The largest seller was J.W. Cole Advisors, cutting an estimated $1.01M.
- 21 institutional investors held Fidelity Magellan ETF (FMAG) as of Q2 2024, up from 17 in Q1 2024.
- Funds reported $14.9M of Fidelity Magellan ETF stock for Q2 2024, up 70% quarter-over-quarter.
- 8 funds opened new Fidelity Magellan ETF positions in Q2 2024 and 4 closed out, a net change of +4 holders.
- The largest Fidelity Magellan ETF buyer in Q2 2024 was Cambridge Investment Research Advisors, an estimated $3.1M added.
- The largest Fidelity Magellan ETF seller in Q2 2024 was J.W. Cole Advisors, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2024.