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Fidelity MSCI Materials Index ETF
FMAT

106 hedge funds and large institutions have $169M invested in Fidelity MSCI Materials Index ETF in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 29

0.88% more ownership

Funds ownership: 32.44% → 33.32% (+0.88%)

1% less capital invested

Capital invested by funds: $171M → $169M (-$2.5M)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

5% less funds holding

Funds holding: 111 → 106 (-5)

Holders
106
Holders Change
-5
Holders Change %
-4.5%
% of All Funds
1.53%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
13
Increased
40
Reduced
29
Closed
14
Calls
$153K
Puts
–
Net Calls
+$153K
Net Calls Change
+$153K

Top Buyers

1
AWM
AE Wealth Management
Kansas
+$5.63M
2
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
+$2.86M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$2.63M
4
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$1.33M
5
Citadel Advisors
Citadel Advisors
Florida
+$1.25M

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.85M
2
LNC
Lincoln National Corp
Pennsylvania
-$795K
3
Osaic Holdings
Osaic Holdings
Arizona
-$575K
4
JP Morgan Chase
JP Morgan Chase
New York
-$505K
5
FPGK
Financial Partners Group (Kansas)
Kansas
-$474K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
26
Bank of America
North Carolina
$963K -$104K -2,050 -10%
ECM
27
Exchange Capital Management
Michigan
$893K -$41K -805 -4%
YWM
28
Yoder Wealth Management
California
$884K +$39K +767 +4%
HighTower Advisors
29
HighTower Advisors
Illinois
$870K -$254 -5 -0%
JWCA
30
J.W. Cole Advisors
Florida
$867K +$29.2K +573 +3%
KAS
31
Kestra Advisory Services
Texas
$844K +$61.9K +1,216 +8%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$826K -$93.8K -1,844 -10%
TRIA
33
Trail Ridge Investment Advisors
Colorado
$771K +$75K +1,474 +10%
CI
34
CX Institutional
Indiana
$745K -$4.17K -82 -0.5%
HCA
35
Heck Capital Advisors
Wisconsin
$741K -$18.4K -362 -2%
Prudential Financial
36
Prudential Financial
New Jersey
$720K +$188K +3,695 +34%
SWM
37
SeaCrest Wealth Management
New York
$698K +$36.8K +724 +5%
SSWM
38
Smith Salley Wealth Management
North Carolina
$658K +$167K +3,276 +33%
VWM
39
VCI Wealth Management
Missouri
$611K +$629K +12,367 New
ACM
40
Absolute Capital Management
Pennsylvania
$602K -$37.1K -729 -6%
Fidelity Investments
41
Fidelity Investments
Massachusetts
$583K -$52.1K -1,025 -8%
SCA
42
Snowden Capital Advisors
New York
$557K -$18.5K -364 -3%
LFAS
43
Level Four Advisory Services
Texas
$541K +$356 +7 +0.1%
BCA
44
Bray Capital Advisors
Florida
$491K – – –
BOSSRA
45
B.O.S.S. Retirement Advisors
Utah
$470K +$201K +3,942 +71%
LA
46
Lynch & Associates
Indiana
$453K +$28.8K +566 +7%
Mariner
47
Mariner
Kansas
$412K +$4.88K +96 +1%
SFCL
48
Strengthening Families & Communities LLC
Massachusetts
$355K +$365K +7,183 New
NA
49
NewEdge Advisors
Louisiana
$342K +$5.29K +104 +2%
MML Investors Services
50
MML Investors Services
Massachusetts
$320K -$32.2K -632 -9%
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FMAT Hedge Fund Activity: Q2 2024 in Review

106 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q2 2024, worth a combined $169M — down 1.5% from $171M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FMAT and 13 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 40 added.

The largest buyer was AE Wealth Management, adding an estimated $5.63M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.85M sold.

  • 106 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q2 2024, down from 111 in Q1 2024.
  • Funds reported $169M of Fidelity MSCI Materials Index ETF stock for Q2 2024, down 1.5% quarter-over-quarter.
  • 13 funds opened new Fidelity MSCI Materials Index ETF positions in Q2 2024 and 14 closed out, a net change of -1 holder.
  • The largest Fidelity MSCI Materials Index ETF buyer in Q2 2024 was AE Wealth Management, an estimated $5.63M added.
  • The largest Fidelity MSCI Materials Index ETF seller in Q2 2024 was Susquehanna International Group, an estimated $1.85M sold.

Based on aggregated 13F filings for Q2 2024.