Fidelity MSCI Materials Index ETF
FMAT
55 hedge funds and large institutions have $66.7M invested in Fidelity MSCI Materials Index ETF in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 14 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
6.67% less ownership
Funds ownership: 34.07% → 27.41% (-6.7%)
8% less funds holding
Funds holding: 60 → 55 (-5)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
41% less capital invested
Capital invested by funds: $113M → $66.7M (-$46.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$10.8M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$803K |
| 3 |
SG Americas Securities
New York
|
+$487K |
| 4 |
PFM
Peak Financial Management
Wellesley,
Massachusetts
|
+$373K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$36.5M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$5.9M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.84M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.02M |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$1.71M |
FMAT Hedge Fund Activity: Q2 2018 in Review
55 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q2 2018, worth a combined $66.7M — down 41% from $113M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FMAT and 9 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 19 added.
The largest buyer was BB&T Securities, opening a new position worth an estimated $10.8M. The largest seller was Beaumont Financial Advisors, exiting entirely with an estimated $36.5M sold.
- 55 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q2 2018, down from 60 in Q1 2018.
- Funds reported $66.7M of Fidelity MSCI Materials Index ETF stock for Q2 2018, down 41% quarter-over-quarter.
- 9 funds opened new Fidelity MSCI Materials Index ETF positions in Q2 2018 and 14 closed out, a net change of -5 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q2 2018 was BB&T Securities, an estimated $10.8M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q2 2018 was Beaumont Financial Advisors, an estimated $36.5M sold.
Based on aggregated 13F filings for Q2 2018.