Fidelity MSCI Materials Index ETF
FMAT
50 hedge funds and large institutions have $34.3M invested in Fidelity MSCI Materials Index ETF in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 12 closing their positions.
11% less funds holding
Funds holding: 56 → 50 (-6)
18.56% less ownership
Funds ownership: 40.87% → 22.31% (-19%)
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
67% less capital invested
Capital invested by funds: $104M → $34.3M (-$69.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.59M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.03M |
| 3 |
BFM
Broadview Financial Management
Wauwatosa,
Wisconsin
|
+$1.3M |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$1.17M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$974K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$24.9M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$24.6M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$5.02M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$2.86M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
-$2.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFA
51
Beaumont Financial Advisors
Needham,
Massachusetts
| – | -$24.6M | -733,534 | Closed |
|
|
BTS
52
BB&T Securities
Richmond,
Virginia
| – | -$5.02M | -149,529 | Closed |
|
|
NAM
53
NorthCoast Asset Management
Greenwich,
Connecticut
| – | -$2.79M | -83,057 | Closed |
|
54
SG Americas Securities
New York
| – | -$1.37M | -40,851 | Closed |
|
|
SB
55
Suntrust Banks
Atlanta,
Georgia
| – | -$921K | -26,666 | Closed |
|
|
PFA
56
Pinnacle Family Advisors
Springfield,
Missouri
| – | -$790K | -23,518 | Closed |
|
|
FA
57
FMA Advisory
Harrisburg,
Pennsylvania
| – | -$208K | -6,181 | Closed |
|
|
CH
58
Canton Hathaway
Providence,
Rhode Island
| – | -$24K | -721 | Closed |
|
|
KF
59
Krilogy Financial
St. Louis,
Missouri
| – | -$18K | -547 | Closed |
|
|
PFGIA
60
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$16K | -467 | Closed |
|
|
SWP
61
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$13K | -380 | Closed |
|
FMAT Hedge Fund Activity: Q4 2018 in Review
50 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q4 2018, worth a combined $34.3M — down 67% from $104M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FMAT and 7 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 13 added.
The largest buyer was Citadel Advisors, adding an estimated $2.59M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $24.9M sold.
- 50 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q4 2018, down from 56 in Q3 2018.
- Funds reported $34.3M of Fidelity MSCI Materials Index ETF stock for Q4 2018, down 67% quarter-over-quarter.
- 7 funds opened new Fidelity MSCI Materials Index ETF positions in Q4 2018 and 12 closed out, a net change of -5 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q4 2018 was Citadel Advisors, an estimated $2.59M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q4 2018 was Envestnet Asset Management, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2018.