Fidelity Metaverse ETF
FMET
7 hedge funds and large institutions have $1.55M invested in Fidelity Metaverse ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
13.84% less ownership
Funds ownership: 19.15% → 5.3% (-14%)
66% less capital invested
Capital invested by funds: $4.57M → $1.55M (-$3.03M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.29M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$2.65K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$28 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.65M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.62M |
| 3 |
Jane Street
New York
|
-$1.09M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$23K |
| 5 |
Morgan Stanley
New York
|
-$2.02K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $1.32M | +$1.29M | +45,273 | New |
|
|
2
Osaic Holdings
Scottsdale,
Arizona
| $209K | -$1.62M | -56,963 | -89% |
|
|
FCA
3
FinTrust Capital Advisors
Greenville,
South Carolina
| $12.6K | – | – | – |
|
|
4
CIBC Private Wealth Group
Atlanta,
Georgia
| $2.72K | +$2.65K | +93 | New |
|
|
5
Morgan Stanley
New York
| $2.07K | -$2.02K | -71 | -50% |
|
|
6
UBS Group
Zurich,
Switzerland
| $291 | -$23K | -806 | -99% |
|
|
7
Fidelity Investments
Boston,
Massachusetts
| $29 | +$28 | +1 | New |
|
|
8
Envestnet Asset Management
Chicago,
Illinois
| – | -$1.65M | -58,557 | Closed |
|
|
9
Jane Street
New York
| – | -$1.09M | -38,667 | Closed |
|
|
ASN
10
Advisory Services Network
Atlanta,
Georgia
| – | -$28 | -1 | Closed |
|
FMET Hedge Fund Activity: Q1 2024 in Review
7 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in Fidelity Metaverse ETF (FMET) for Q1 2024, worth a combined $1.55M — down 66% from $4.57M a quarter earlier.
Fund positioning in FMET was balanced in Q1 2024: 3 funds opened new positions, 3 closed out, 0 added to existing stakes and 3 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.29M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.65M sold.
- 7 institutional investors held Fidelity Metaverse ETF (FMET) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $1.55M of Fidelity Metaverse ETF stock for Q1 2024, down 66% quarter-over-quarter.
- 3 funds opened new Fidelity Metaverse ETF positions in Q1 2024 and 3 closed out, a net change of 0 holders.
- The largest Fidelity Metaverse ETF buyer in Q1 2024 was Citadel Advisors, an estimated $1.29M added.
- The largest Fidelity Metaverse ETF seller in Q1 2024 was Envestnet Asset Management, an estimated $1.65M sold.
Based on aggregated 13F filings for Q1 2024.