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Fidelity MSCI Financials Index ETF

175 hedge funds and large institutions have $426M invested in Fidelity MSCI Financials Index ETF in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 70 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.84% less ownership

Funds ownership: 35.28%32.43% (-2.8%)

12% less funds holding

Funds holding: 198175 (-23)

20% less capital invested

Capital invested by funds: $533M → $426M (-$108M)

34% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 70

47% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 36

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
175
Holders Change
-23
Holders Change %
-11.62%
% of All Funds
2.79%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
19
Increased
46
Reduced
70
Closed
36
Calls
$641K
Puts
Net Calls
+$641K
Net Calls Change
-$275K
Name Holding Trade Value Shares
Change
Change in
Stake
PAG
76
Private Advisor Group
New Jersey
$484K -$59.7K -1,219 -10%
CF
77
Centaurus Financial
California
$473K +$72.4K +1,477 +16%
BCM
78
Brookstone Capital Management
Illinois
$452K -$1.06M -21,594 -69%
CM
79
Cornerstone Management
Georgia
$434K -$498K -10,168 -51%
Koshinski Asset Management
80
Koshinski Asset Management
Illinois
$404K -$14.9K -304 -3%
Thrivent Financial for Lutherans
81
Thrivent Financial for Lutherans
Minnesota
$387K -$143K -2,919 -25%
MP
82
McDonald Partners
Ohio
$352K
FIM
83
Freedom Investment Management
Connecticut
$348K -$167K -3,415 -31%
BCA
84
Bay Colony Advisors
Massachusetts
$341K -$980 -20 -0.3%
RCA
85
Reitz Capital Advisors
Michigan
$321K -$5.39K -110 -2%
SS
86
Sunbelt Securities
Texas
$316K -$310K -6,326 -47%
CICI
87
Capital Investment Counsel Inc
North Carolina
$291K -$34.3K -700 -10%
BCI
88
Brinker Capital Investments
Pennsylvania
$289K -$1.75M -35,805 -85%
OPS
89
Orion Portfolio Solutions
Nebraska
$289K -$305K -6,217 -49%
DLCIG
90
D.L. Carlson Investment Group
New Hampshire
$285K +$539 +11 +0.2%
DBRC
91
D.B. Root & Company
Pennsylvania
$270K
EWA
92
EP Wealth Advisors
California
$264K +$609K +12,433 New
WA
93
WBH Advisory
Maryland
$254K +$276K +5,642 New
RWA
94
River Wealth Advisors
Pennsylvania
$247K +$32.9K +672 +14%
Creative Planning
95
Creative Planning
Kansas
$246K -$7.35K -150 -3%
SAM
96
Secure Asset Management
Michigan
$237K +$46.8K +955 +22%
TFA
97
Transamerica Financial Advisors
Florida
$232K +$12.8K +261 +5%
FFL
98
Financial Freedom LLC
Ohio
$225K +$1.37K +28 +0.6%
ACM
99
Advisors Capital Management
New Jersey
$216K +$235K +4,793 New
Citigroup
100
Citigroup
New York
$210K +$89.9K +1,834 +65%

FNCL Hedge Fund Activity: Q1 2023 in Review

175 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q1 2023, worth a combined $426M — down 20% from $533M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of FNCL and 19 opened new positions — a net loss of 17 holders — while 70 trimmed existing stakes and 46 added.

The largest buyer was Kestra Advisory Services, adding an estimated $6.86M. The largest seller was Cetera Investment Advisers, cutting an estimated $18.7M.

  • 175 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q1 2023, down from 198 in Q4 2022.
  • Funds reported $426M of Fidelity MSCI Financials Index ETF stock for Q1 2023, down 20% quarter-over-quarter.
  • 19 funds opened new Fidelity MSCI Financials Index ETF positions in Q1 2023 and 36 closed out, a net change of -17 holders.
  • The largest Fidelity MSCI Financials Index ETF buyer in Q1 2023 was Kestra Advisory Services, an estimated $6.86M added.
  • The largest Fidelity MSCI Financials Index ETF seller in Q1 2023 was Cetera Investment Advisers, an estimated $18.7M sold.

Based on aggregated 13F filings for Q1 2023.