Fidelity MSCI Materials Index ETF
FMAT
116 hedge funds and large institutions have $155M invested in Fidelity MSCI Materials Index ETF in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 38 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
10% more funds holding
Funds holding: 105 → 116 (+11)
8% more capital invested
Capital invested by funds: $144M → $155M (+$11.4M)
0.55% more ownership
Funds ownership: 31.96% → 32.51% (+0.55%)
8% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$5.82M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.92M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$1.74M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.71M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$3.21M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.18M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.15M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$2.15M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.29M |
FMAT Hedge Fund Activity: Q4 2023 in Review
116 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q4 2023, worth a combined $155M — up 7.9% from $144M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FMAT positions and 8 closed out — a net gain of 13 holders — while 35 added to existing stakes and 38 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $5.82M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $3.21M sold.
- 116 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q4 2023, up from 105 in Q3 2023.
- Funds reported $155M of Fidelity MSCI Materials Index ETF stock for Q4 2023, up 7.9% quarter-over-quarter.
- 21 funds opened new Fidelity MSCI Materials Index ETF positions in Q4 2023 and 8 closed out, a net change of +13 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q4 2023 was AE Wealth Management, an estimated $5.82M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q4 2023 was Brookstone Capital Management, an estimated $3.21M sold.
Based on aggregated 13F filings for Q4 2023.