Fidelity MSCI Materials Index ETF
FMAT
117 hedge funds and large institutions have $154M invested in Fidelity MSCI Materials Index ETF in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 34 increasing their positions, 39 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: 106 → 117 (+11)
0.26% more ownership
Funds ownership: 31.96% → 32.22% (+0.26%)
12% less capital inflows, than outflows
Capital inflows: $18.9M | Capital outflows: $21.6M
13% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
+$5.82M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.92M |
| 3 |
Advisory Services Network
Atlanta,
Georgia
|
+$1.74M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.71M |
| 5 |
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brookstone Capital Management
Wheaton,
Illinois
|
-$3.21M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.18M |
| 3 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.15M |
| 4 |
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$2.15M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.29M |
FMAT Hedge Fund Activity: Q4 2023 in Review
117 of the 6,878 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q4 2023, worth a combined $154M — up 7% 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 34 added to existing stakes and 39 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.
- 117 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q4 2023, up from 106 in Q3 2023.
- Funds reported $154M of Fidelity MSCI Materials Index ETF stock for Q4 2023, up 7% 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.