Fidelity MSCI Materials Index ETF
FMAT
92 hedge funds and large institutions have $111M invested in Fidelity MSCI Materials Index ETF in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 4 closing their positions.
625% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 4
76% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 17
37% more funds holding
Funds holding: 67 → 92 (+25)
18% more capital invested
Capital invested by funds: $93.9M → $111M (+$17.2M)
9.95% less ownership
Funds ownership: 37.75% → 27.8% (-9.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.86M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$3.61M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.27M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$2.23M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.23M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$6.25M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$4.73M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.38M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$984K |
FMAT Hedge Fund Activity: Q1 2021 in Review
92 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q1 2021, worth a combined $111M — up 18% from $93.9M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FMAT positions and 4 closed out — a net gain of 25 holders — while 30 added to existing stakes and 17 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $3.86M. The largest seller was Envestnet Asset Management, cutting an estimated $7.23M.
- 92 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q1 2021, up from 67 in Q4 2020.
- Funds reported $111M of Fidelity MSCI Materials Index ETF stock for Q1 2021, up 18% quarter-over-quarter.
- 29 funds opened new Fidelity MSCI Materials Index ETF positions in Q1 2021 and 4 closed out, a net change of +25 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q1 2021 was Commonwealth Equity Services, an estimated $3.86M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q1 2021 was Envestnet Asset Management, an estimated $7.23M sold.
Based on aggregated 13F filings for Q1 2021.