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Fidelity MSCI Materials Index ETF
FMAT

116 hedge funds and large institutions have $155M invested in Fidelity MSCI Materials Index ETF in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 38 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 8

10% more funds holding

Funds holding: 105 → 116 (+11)

8% more capital invested

Capital invested by funds: $144M → $155M (+$11.4M)

0.55% more ownership

Funds ownership: 31.96% → 32.51% (+0.55%)

8% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 38

Holders
116
Holders Change
+11
Holders Change %
+10.48%
% of All Funds
1.69%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
21
Increased
35
Reduced
38
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
AWM
AE Wealth Management
Kansas
+$5.82M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.92M
3
ASN
Advisory Services Network
Georgia
+$1.74M
4
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$1.71M
5
BFA
Beaumont Financial Advisors
Massachusetts
+$1.27M

Top Sellers

1
BCM
Brookstone Capital Management
Illinois
-$3.21M
2
Osaic Holdings
Osaic Holdings
Arizona
-$3.18M
3
BCI
Brinker Capital Investments
Pennsylvania
-$2.15M
4
OPS
Orion Portfolio Solutions
Nebraska
-$2.15M
5
Citadel Advisors
Citadel Advisors
Florida
-$1.29M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$1.07M -$25.5K -567 -3%
Bank of America
27
Bank of America
North Carolina
$1M +$260K +5,774 +39%
ECM
28
Exchange Capital Management
Michigan
$981K -$3.1K -69 -0.3%
HighTower Advisors
29
HighTower Advisors
Illinois
$928K -$51.7K -1,150 -6%
FFN
30
Focus Financial Network
Minnesota
$778K +$718K +15,960 New
YWM
31
Yoder Wealth Management
California
$768K +$75.9K +1,688 +12%
JWCA
32
J.W. Cole Advisors
Florida
$767K -$2.29K -51 -0.3%
HCA
33
Heck Capital Advisors
Wisconsin
$741K -$31.1K -691 -4%
ACM
34
Absolute Capital Management
Pennsylvania
$717K +$662K +14,709 New
CI
35
CX Institutional
Indiana
$715K +$660K +14,680 New
KAS
36
Kestra Advisory Services
Texas
$684K +$88.5K +1,968 +16%
Citadel Advisors
37
Citadel Advisors
Florida
$659K -$1.29M -28,705 -68%
Fidelity Investments
38
Fidelity Investments
Massachusetts
$602K +$149K +3,313 +37%
LFAS
39
Level Four Advisory Services
Texas
$533K +$7.2K +160 +1%
SCA
40
Snowden Capital Advisors
New York
$498K +$15.8K +351 +4%
TRIA
41
Trail Ridge Investment Advisors
Colorado
$498K -$9.94K -221 -2%
SSWM
42
Smith Salley Wealth Management
North Carolina
$486K -$855 -19 -0.2%
BCA
43
Bray Capital Advisors
Florida
$484K – – –
SWM
44
SeaCrest Wealth Management
New York
$411K +$386K +8,591 New
Mariner
45
Mariner
Kansas
$403K -$6.21K -138 -2%
FPGK
46
Financial Partners Group (Kansas)
Kansas
$379K -$27.3K -608 -7%
LA
47
Lynch & Associates
Indiana
$377K +$21K +468 +6%
MML Investors Services
48
MML Investors Services
Massachusetts
$357K +$330K +7,331 New
FIM
49
Freedom Investment Management
Connecticut
$351K -$791K -17,590 -71%
Royal Bank of Canada
50
Royal Bank of Canada
Ontario, Canada
$333K -$543K -12,064 -64%
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FMAT Hedge Fund Activity: Q4 2023 in Review

116 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q4 2023, worth a combined $155M — up 7.9% from $144M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new FMAT positions and 8 closed out — a net gain of 13 holders — while 35 added to existing stakes and 38 trimmed.

The largest buyer was AE Wealth Management, adding an estimated $5.82M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $3.21M sold.

  • 116 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q4 2023, up from 105 in Q3 2023.
  • Funds reported $155M of Fidelity MSCI Materials Index ETF stock for Q4 2023, up 7.9% quarter-over-quarter.
  • 21 funds opened new Fidelity MSCI Materials Index ETF positions in Q4 2023 and 8 closed out, a net change of +13 holders.
  • The largest Fidelity MSCI Materials Index ETF buyer in Q4 2023 was AE Wealth Management, an estimated $5.82M added.
  • The largest Fidelity MSCI Materials Index ETF seller in Q4 2023 was Brookstone Capital Management, an estimated $3.21M sold.

Based on aggregated 13F filings for Q4 2023.