Fidelity MSCI Materials Index ETF
FMAT
51 hedge funds and large institutions have $102M invested in Fidelity MSCI Materials Index ETF in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 8 closing their positions.
198% more capital invested
Capital invested by funds: $34.3M → $102M (+$67.8M)
24.71% more ownership
Funds ownership: 22.31% → 47.02% (+25%)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 50 → 51 (+1)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$23.2M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$19.7M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$12.8M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$9.82M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.47M |
| 3 |
Jane Street
New York
|
-$1.15M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$776K |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$720K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
51
Virtu Financial
New York
| – | -$376K | -13,253 | Closed |
|
52
Northern Trust
Chicago,
Illinois
| – | -$327K | -11,519 | Closed |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| – | -$321K | -11,323 | Closed |
|
54
JP Morgan Chase
New York
| – | -$28K | -1,000 | Closed |
|
|
RWA
55
River Wealth Advisors
Camp Hill,
Pennsylvania
| – | -$18K | -645 | Closed |
|
|
NFG
56
Next Financial Group
Houston,
Texas
| – | -$17K | -600 | Closed |
|
|
IA
57
IFP Advisors
Tampa,
Florida
| – | -$6K | -200 | Closed |
|
|
CFD
58
Creative Financial Designs
Kokomo,
Indiana
| – | -$3K | -120 | Closed |
|
FMAT Hedge Fund Activity: Q1 2019 in Review
51 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q1 2019, worth a combined $102M — up 198% from $34.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FMAT positions and 8 closed out — a net gain of 1 holder — while 17 added to existing stakes and 18 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $23.2M. The largest seller was Citadel Advisors, cutting an estimated $3.04M.
- 51 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q1 2019, up from 50 in Q4 2018.
- Funds reported $102M of Fidelity MSCI Materials Index ETF stock for Q1 2019, up 198% quarter-over-quarter.
- 9 funds opened new Fidelity MSCI Materials Index ETF positions in Q1 2019 and 8 closed out, a net change of +1 holder.
- The largest Fidelity MSCI Materials Index ETF buyer in Q1 2019 was Envestnet Asset Management, an estimated $23.2M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q1 2019 was Citadel Advisors, an estimated $3.04M sold.
Based on aggregated 13F filings for Q1 2019.