Fidelity MSCI Financials Index ETF
FNCL
150 hedge funds and large institutions have $547M invested in Fidelity MSCI Financials Index ETF in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 57 increasing their positions, 53 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
3% more funds holding
Funds holding: 145 → 150 (+5)
8% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 53
0.11% less ownership
Funds ownership: 36.53% → 36.43% (-0.11%)
2% less capital invested
Capital invested by funds: $558M → $547M (-$11.3M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$8.05M |
| 2 |
Jane Street
New York
|
+$4.33M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$2.89M |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$2.87M |
| 5 |
FPGK
Financial Partners Group (Kansas)
Overland Park,
Kansas
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$14.8M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$13M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$7.06M |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$6.28M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$6.15M |
FNCL Hedge Fund Activity: Q3 2018 in Review
150 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q3 2018, worth a combined $547M — down 2% from $558M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FNCL positions and 14 closed out — a net gain of 5 holders — while 57 added to existing stakes and 53 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $8.05M. The largest seller was Envestnet Asset Management, cutting an estimated $14.8M.
- 150 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q3 2018, up from 145 in Q2 2018.
- Funds reported $547M of Fidelity MSCI Financials Index ETF stock for Q3 2018, down 2% quarter-over-quarter.
- 19 funds opened new Fidelity MSCI Financials Index ETF positions in Q3 2018 and 14 closed out, a net change of +5 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q3 2018 was Northwestern Mutual Wealth Management, an estimated $8.05M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q3 2018 was Envestnet Asset Management, an estimated $14.8M sold.
Based on aggregated 13F filings for Q3 2018.