Fidelity Metaverse ETF
FMET
5 hedge funds and large institutions have $800K invested in Fidelity Metaverse ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and 3 closing their positions.
1.88% less ownership
Funds ownership: 7.06% → 5.18% (-1.9%)
17% less funds holding
Funds holding: 6 → 5 (-1)
20% less capital invested
Capital invested by funds: $1M → $800K (-$201K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$585K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$152K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$987K |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$24 |
| 3 |
LWANC
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
|
-$7 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $622K | +$585K | +24,087 | New |
|
|
2
Osaic Holdings
Scottsdale,
Arizona
| $168K | +$152K | +6,261 | +2,687% |
|
|
FCA
3
FinTrust Capital Advisors
Greenville,
South Carolina
| $8.76K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $1.29K | +$1.21K | +50 | New |
|
|
5
Citadel Advisors
Miami,
Florida
| – | -$987K | -41,669 | Closed |
|
|
ASN
6
Advisory Services Network
Atlanta,
Georgia
| – | -$24 | -1 | Closed |
|
|
LWANC
7
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| – | -$7 | -1 | Closed |
|
FMET Hedge Fund Activity: Q2 2023 in Review
5 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in Fidelity Metaverse ETF (FMET) for Q2 2023, worth a combined $800K — down 20% from $1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FMET and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was Jane Street, opening a new position worth an estimated $585K. The largest seller was Citadel Advisors, exiting entirely with an estimated $987K sold.
- 5 institutional investors held Fidelity Metaverse ETF (FMET) as of Q2 2023, down from 6 in Q1 2023.
- Funds reported $800K of Fidelity Metaverse ETF stock for Q2 2023, down 20% quarter-over-quarter.
- 2 funds opened new Fidelity Metaverse ETF positions in Q2 2023 and 3 closed out, a net change of -1 holder.
- The largest Fidelity Metaverse ETF buyer in Q2 2023 was Jane Street, an estimated $585K added.
- The largest Fidelity Metaverse ETF seller in Q2 2023 was Citadel Advisors, an estimated $987K sold.
Based on aggregated 13F filings for Q2 2023.