Fidelity MSCI Materials Index ETF
FMAT
61 hedge funds and large institutions have $69.6M invested in Fidelity MSCI Materials Index ETF in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
32% more capital invested
Capital invested by funds: $52.6M → $69.6M (+$17.1M)
5.96% more ownership
Funds ownership: 32.79% → 38.76% (+6%)
3% more funds holding
Funds holding: 59 → 61 (+2)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.37M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$3.77M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.96M |
| 4 |
ST
Spinnaker Trust
Portland,
Maine
|
+$1.76M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$3.61M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.88M |
| 3 |
BFM
Broadview Financial Management
Wauwatosa,
Wisconsin
|
-$964K |
| 4 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$937K |
| 5 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$500K |
FMAT Hedge Fund Activity: Q3 2020 in Review
61 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q3 2020, worth a combined $69.6M — up 32% from $52.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FMAT positions and 7 closed out — a net gain of 3 holders — while 14 added to existing stakes and 21 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $8.37M. The largest seller was Beaumont Financial Advisors, cutting an estimated $3.61M.
- 61 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q3 2020, up from 59 in Q2 2020.
- Funds reported $69.6M of Fidelity MSCI Materials Index ETF stock for Q3 2020, up 32% quarter-over-quarter.
- 10 funds opened new Fidelity MSCI Materials Index ETF positions in Q3 2020 and 7 closed out, a net change of +3 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q3 2020 was Envestnet Asset Management, an estimated $8.37M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q3 2020 was Beaumont Financial Advisors, an estimated $3.61M sold.
Based on aggregated 13F filings for Q3 2020.