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.
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
Top Buyers
| 1 |
Lido Advisors
Los Angeles,
California
|
+$12.6M |
| 2 |
Morgan Stanley
New York
|
+$11M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$4.06M |
| 4 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$3.74M |
| 5 |
GGS
Galvin Gaustad & Stein
Scottsdale,
Arizona
|
+$3.71M |
Top Sellers
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.