Fidelity MSCI Materials Index ETF
FMAT
33 hedge funds and large institutions have $55M invested in Fidelity MSCI Materials Index ETF in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
32% more funds holding
Funds holding: 25 → 33 (+8)
5% less capital invested
Capital invested by funds: $57.8M → $55M (-$2.81M)
8.92% less ownership
Funds ownership: 57.25% → 48.34% (-8.9%)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.82M |
| 2 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
+$2.74M |
| 3 |
Jane Street
New York
|
+$818K |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$748K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$725K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.05M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$4.23M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$2.66M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.3M |
| 5 |
GA
Giralda Advisors
New York
|
-$906K |
FMAT Hedge Fund Activity: Q3 2016 in Review
33 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q3 2016, worth a combined $55M — down 4.9% from $57.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FMAT positions and 3 closed out — a net gain of 8 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, opening a new position worth an estimated $3.82M. The largest seller was Envestnet Asset Management, cutting an estimated $6.05M.
- 33 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q3 2016, up from 25 in Q2 2016.
- Funds reported $55M of Fidelity MSCI Materials Index ETF stock for Q3 2016, down 4.9% quarter-over-quarter.
- 11 funds opened new Fidelity MSCI Materials Index ETF positions in Q3 2016 and 3 closed out, a net change of +8 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q3 2016 was Wells Fargo, an estimated $3.82M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q3 2016 was Envestnet Asset Management, an estimated $6.05M sold.
Based on aggregated 13F filings for Q3 2016.