Fidelity MSCI Materials Index ETF
FMAT
107 hedge funds and large institutions have $144M invested in Fidelity MSCI Materials Index ETF in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 15 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
11% more capital invested
Capital invested by funds: $130M → $144M (+$13.9M)
1.66% more ownership
Funds ownership: 30.27% → 31.93% (+1.7%)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
1% more funds holding
Funds holding: 106 → 107 (+1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$11.7M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.49M |
| 3 |
Goldman Sachs
New York
|
+$2.47M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$1.8M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$6.43M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$2.44M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$2.19M |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
-$1.97M |
| 5 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$1.08M |
FMAT Hedge Fund Activity: Q1 2023 in Review
107 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q1 2023, worth a combined $144M — up 11% from $130M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FMAT positions and 15 closed out — a net gain of 1 holder — while 40 added to existing stakes and 34 trimmed.
The largest buyer was Vicus Capital, opening a new position worth an estimated $11.7M. The largest seller was Freedom Investment Management, cutting an estimated $6.43M.
- 107 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q1 2023, up from 106 in Q4 2022.
- Funds reported $144M of Fidelity MSCI Materials Index ETF stock for Q1 2023, up 11% quarter-over-quarter.
- 16 funds opened new Fidelity MSCI Materials Index ETF positions in Q1 2023 and 15 closed out, a net change of +1 holder.
- The largest Fidelity MSCI Materials Index ETF buyer in Q1 2023 was Vicus Capital, an estimated $11.7M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q1 2023 was Freedom Investment Management, an estimated $6.43M sold.
Based on aggregated 13F filings for Q1 2023.