Fidelity MSCI Materials Index ETF
FMAT
99 hedge funds and large institutions have $143M invested in Fidelity MSCI Materials Index ETF in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 33 reducing their positions, and 17 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 33
0.36% less ownership
Funds ownership: 31.87% → 31.51% (-0.36%)
7% less funds holding
Funds holding: 107 → 99 (-8)
31% less capital inflows, than outflows
Capital inflows: $19.7M | Capital outflows: $28.6M
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.53M |
| 2 |
Prostatis Group
Hanover,
Maryland
|
+$2.24M |
| 3 |
AE Wealth Management
Topeka,
Kansas
|
+$2.07M |
| 4 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.73M |
| 5 |
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vicus Capital
State College,
Pennsylvania
|
-$11.6M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.03M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.04M |
| 4 |
Kestra Advisory Services
Austin,
Texas
|
-$1.01M |
| 5 |
Jane Street
New York
|
-$950K |
FMAT Hedge Fund Activity: Q2 2023 in Review
99 of the 6,389 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 5.2% from $151M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FMAT and 10 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 41 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.
- 99 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 5.2% quarter-over-quarter.
- 10 funds opened new Fidelity MSCI Materials Index ETF positions in Q2 2023 and 17 closed out, a net change of -7 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.