Fidelity MSCI Materials Index ETF
FMAT
133 hedge funds and large institutions have $240M invested in Fidelity MSCI Materials Index ETF in 2026 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
22% more capital invested
Capital invested by funds: $197M → $240M (+$42.6M)
4% more funds holding
Funds holding: 128 → 133 (+5)
0.94% more ownership
Funds ownership: 44.29% → 45.23% (+0.94%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$11.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$11.2M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$5.09M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$4.05M |
| 5 |
Bank of New York Mellon
New York
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$3.19M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.82M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.62M |
| 4 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$1.61M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
-$1.48M |
FMAT Hedge Fund Activity: Q1 2026 in Review
133 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q1 2026, worth a combined $240M — up 22% from $197M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FMAT positions and 13 closed out — a net gain of 11 holders — while 48 added to existing stakes and 35 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $11.5M. The largest seller was Kovitz Investment Group Partners, cutting an estimated $3.19M.
- 133 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q1 2026, up from 128 in Q4 2025.
- Funds reported $240M of Fidelity MSCI Materials Index ETF stock for Q1 2026, up 22% quarter-over-quarter.
- 24 funds opened new Fidelity MSCI Materials Index ETF positions in Q1 2026 and 13 closed out, a net change of +11 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q1 2026 was AE Wealth Management, an estimated $11.5M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q1 2026 was Kovitz Investment Group Partners, an estimated $3.19M sold.
Based on aggregated 13F filings for Q1 2026.