Fidelity MSCI Materials Index ETF
FMAT
111 hedge funds and large institutions have $171M invested in Fidelity MSCI Materials Index ETF in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 46 increasing their positions, 31 reducing their positions, and 13 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 31
11% more capital invested
Capital invested by funds: $154M → $171M (+$17.4M)
0.22% more ownership
Funds ownership: 32.22% → 32.44% (+0.22%)
4% less funds holding
Funds holding: 116 → 111 (-5)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.92M |
| 2 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
+$2.71M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.67M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.71M |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$6.92M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$1.71M |
| 3 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$778K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$659K |
| 5 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$584K |
FMAT Hedge Fund Activity: Q1 2024 in Review
111 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q1 2024, worth a combined $171M — up 11% from $154M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FMAT and 9 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 46 added.
The largest buyer was AE Wealth Management, adding an estimated $2.92M. The largest seller was Osaic Holdings, cutting an estimated $6.92M.
- 111 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q1 2024, down from 116 in Q4 2023.
- Funds reported $171M of Fidelity MSCI Materials Index ETF stock for Q1 2024, up 11% quarter-over-quarter.
- 9 funds opened new Fidelity MSCI Materials Index ETF positions in Q1 2024 and 13 closed out, a net change of -4 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q1 2024 was AE Wealth Management, an estimated $2.92M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q1 2024 was Osaic Holdings, an estimated $6.92M sold.
Based on aggregated 13F filings for Q1 2024.