Fidelity MSCI Materials Index ETF
FMAT
147 hedge funds and large institutions have $264M invested in Fidelity MSCI Materials Index ETF in 2026 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 13 closing their positions.
131% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 13
31% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 39
11% more funds holding
Funds holding: 133 → 147 (+14)
10% more capital invested
Capital invested by funds: $240M → $264M (+$24.7M)
2.59% less ownership
Funds ownership: 45.23% → 42.64% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFA
Independence Financial Advisors
Franklin,
New Hampshire
|
+$12.1M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$9.43M |
| 3 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$3M |
| 4 |
Two Sigma Investments
New York
|
+$2.65M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$3.8M |
| 3 |
Bank of New York Mellon
New York
|
-$2.87M |
| 4 |
Lido Advisors
Los Angeles,
California
|
-$1.36M |
| 5 |
TAP
Tounjian Advisory Partners
Fort Myers,
Florida
|
-$848K |
FMAT Hedge Fund Activity: Q2 2026 in Review
147 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Materials Index ETF (FMAT) for Q2 2026, worth a combined $264M — up 10% from $240M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FMAT positions and 13 closed out — a net gain of 17 holders — while 51 added to existing stakes and 39 trimmed.
The largest buyer was Independence Financial Advisors, opening a new position worth an estimated $12.1M. The largest seller was Envestnet Asset Management, cutting an estimated $11M.
- 147 institutional investors held Fidelity MSCI Materials Index ETF (FMAT) as of Q2 2026, up from 133 in Q1 2026.
- Funds reported $264M of Fidelity MSCI Materials Index ETF stock for Q2 2026, up 10% quarter-over-quarter.
- 30 funds opened new Fidelity MSCI Materials Index ETF positions in Q2 2026 and 13 closed out, a net change of +17 holders.
- The largest Fidelity MSCI Materials Index ETF buyer in Q2 2026 was Independence Financial Advisors, an estimated $12.1M added.
- The largest Fidelity MSCI Materials Index ETF seller in Q2 2026 was Envestnet Asset Management, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2026.