Fidelity MSCI Materials Index ETF
FMAT
98 hedge funds and large institutions have $143M invested in Fidelity MSCI Materials Index ETF in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 17 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
0% less capital invested
Capital invested by funds: $144M → $143M (-$472K)
0.42% less ownership
Funds ownership: 31.93% → 31.51% (-0.42%)
8% less funds holding
Funds holding: 107 → 98 (-9)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.53M |
| 2 |
PG
Prostatis Group
Hanover,
Maryland
|
+$2.24M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.07M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.73M |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$11.6M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.03M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.04M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.01M |
| 5 |
Jane Street
New York
|
-$950K |
FMAT Hedge Fund Activity: Q2 2023 in Review
98 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q2 2023, worth a combined $143M — down 0.33% from $144M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FMAT and 9 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Wells Fargo, adding an estimated $4.53M. The largest seller was Vicus Capital, exiting entirely with an estimated $11.6M sold.
- 98 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q2 2023, down from 107 in Q1 2023.
- Funds reported $143M of Fidelity MSCI Materials Index ETF stock for Q2 2023, down 0.33% quarter-over-quarter.
- 9 funds opened new Fidelity MSCI Materials Index ETF positions in Q2 2023 and 17 closed out, a net change of -8 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q2 2023 was Wells Fargo, an estimated $4.53M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q2 2023 was Vicus Capital, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2023.