We are live on ! Find out more
FNCL icon

Fidelity MSCI Financials Index ETF
FNCL

192 hedge funds and large institutions have $540M invested in Fidelity MSCI Financials Index ETF in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 54 increasing their positions, 60 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

75% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 20

17% more capital invested

Capital invested by funds: $461M → $540M (+$79M)

8% more funds holding

Funds holding: 177 → 192 (+15)

1.13% more ownership

Funds ownership: 34.74% → 35.87% (+1.1%)

10% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 60

Holders
192
Holders Change
+15
Holders Change %
+8.47%
% of All Funds
2.8%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
35
Increased
54
Reduced
60
Closed
20
Calls
$269K
Puts
–
Net Calls
+$269K
Net Calls Change
-$1.01M

Top Buyers

1
Lido Advisors
Lido Advisors
California
+$12.6M
2
Morgan Stanley
Morgan Stanley
New York
+$11M
3
HighTower Advisors
HighTower Advisors
Illinois
+$4.06M
4
QAM
Q3 Asset Management
Michigan
+$3.74M
5
GGS
Galvin Gaustad & Stein
Arizona
+$3.71M

Top Sellers

1
FSC
Full Sail Capital
Oklahoma
-$12.1M
2
Bank of America
Bank of America
North Carolina
-$9.91M
3
CW
Connectus Wealth
Ohio
-$6.21M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$4.42M
5
UWM
USAdvisors Wealth Management
Minnesota
-$3.68M
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$2.72M -$3.11M -63,753 -56%
MWM
27
Maltin Wealth Management
New Jersey
$2.72M -$99.1K -2,035 -4%
YWM
28
Yoder Wealth Management
California
$2.68M +$204K +4,187 +9%
BCI
29
Brinker Capital Investments
Pennsylvania
$2.61M +$2.1M +43,127 +813%
OPS
30
Orion Portfolio Solutions
Nebraska
$2.61M +$2.1M +43,127 +813%
CW
31
Connectus Wealth
Ohio
$2.56M -$6.21M -127,414 -73%
Fidelity Investments
32
Fidelity Investments
Massachusetts
$2.54M +$459K +9,430 +25%
Mariner
33
Mariner
Kansas
$2.53M +$239K +4,907 +12%
RCYC
34
Richard C. Young & Co
Rhode Island
$2.39M +$2.17M +44,638 New
LNC
35
Lincoln National Corp
Pennsylvania
$2.36M -$587K -12,043 -21%
EWA
36
EP Wealth Advisors
California
$2.23M -$8.77K -180 -0.4%
Goldman Sachs
37
Goldman Sachs
New York
$2.21M +$2.01M +41,258 New
ECM
38
Exchange Capital Management
Michigan
$2.07M -$31.1K -638 -2%
SSWM
39
Smith Salley Wealth Management
North Carolina
$1.87M -$6.14K -126 -0.4%
KPWS
40
Kestra Private Wealth Services
Texas
$1.82M -$60.9K -1,251 -4%
PWMG
41
Pinnacle Wealth Management Group
Michigan
$1.79M +$42.7K +876 +3%
LA
42
Lynch & Associates
Indiana
$1.61M +$113K +2,312 +8%
Northwestern Mutual Wealth Management
43
Northwestern Mutual Wealth Management
Wisconsin
$1.57M -$381K -7,812 -21%
RSWM
44
Robertson Stephens Wealth Management
California
$1.5M -$1.07K -22 -0.1%
PA
45
PFG Advisors
Arizona
$1.46M -$21.3K -438 -2%
AWS
46
Atria Wealth Solutions
New York
$1.44M +$317K +6,504 +32%
AAS
47
Ameritas Advisory Services
Nebraska
$1.43M -$121K -2,482 -9%
BFA
48
Beaumont Financial Advisors
Massachusetts
$1.36M +$1.24M +25,440 New
BIP
49
Bouvel Investment Partners
Pennsylvania
$1.31M -$2.44K -50 -0.2%
MA
50
Mutual Advisors
Nebraska
$1.28M +$16.7K +342 +1%
1
2
3 4 5

FNCL Hedge Fund Activity: Q4 2023 in Review

192 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q4 2023, worth a combined $540M — up 17% from $461M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new FNCL positions and 20 closed out — a net gain of 15 holders — while 54 added to existing stakes and 60 trimmed.

The largest buyer was Lido Advisors, adding an estimated $12.6M. The largest seller was Full Sail Capital, cutting an estimated $12.1M.

  • 192 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q4 2023, up from 177 in Q3 2023.
  • Funds reported $540M of Fidelity MSCI Financials Index ETF stock for Q4 2023, up 17% quarter-over-quarter.
  • 35 funds opened new Fidelity MSCI Financials Index ETF positions in Q4 2023 and 20 closed out, a net change of +15 holders.
  • The largest Fidelity MSCI Financials Index ETF buyer in Q4 2023 was Lido Advisors, an estimated $12.6M added.
  • The largest Fidelity MSCI Financials Index ETF seller in Q4 2023 was Full Sail Capital, an estimated $12.1M sold.

Based on aggregated 13F filings for Q4 2023.