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Fidelity MSCI Financials Index ETF
FNCL

128 hedge funds and large institutions have $181M invested in Fidelity MSCI Financials Index ETF in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 39 increasing their positions, 45 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $169M → $181M (+$12.4M)

0.91% less ownership

Funds ownership: 25.6% → 24.7% (-0.91%)

4% less funds holding

Funds holding: 133 → 128 (-5)

13% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 45

14% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 22

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $2K

Holders
128
Holders Change
-5
Holders Change %
-3.76%
% of All Funds
2.62%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
19
Increased
39
Reduced
45
Closed
22
Calls
–
Puts
$2K
Net Calls
-$2K
Net Calls Change
–

Top Buyers

1
PAG
Pinnacle Advisory Group
Maryland
+$12M
2
HighTower Advisors
HighTower Advisors
Illinois
+$6.85M
3
Citadel Advisors
Citadel Advisors
Florida
+$3.68M
4
NR
Newfound Research
Massachusetts
+$1.73M
5
FSC
Full Sail Capital
Oklahoma
+$1.52M

Top Sellers

1
FI
FormulaFolio Investments
Michigan
-$14.5M
2
FIM
Freedom Investment Management
Connecticut
-$4.39M
3
Wells Fargo
Wells Fargo
California
-$3.26M
4
BFPW
BOK Financial Private Wealth
Colorado
-$2.68M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.47M
Name Holding Trade Value Shares
Change 		Change in
Stake
EIP
101
Ellis Investment Partners
Pennsylvania
$19K +$32 +1 +0.2%
IA
102
IFP Advisors
Florida
$18K +$12.3K +383 +209%
BFC
103
Bedel Financial Consulting
Indiana
$17K +$97 +3 +0.6%
APWM
104
Atlas Private Wealth Management
New York
$15K – – –
CFO
105
CVA Family Office
Colorado
$14K – – –
DAM
106
Delta Asset Management
Tennessee
$14K – – –
CFD
107
Creative Financial Designs
Indiana
$12K -$205K -6,369 -95%
Carson Wealth (CWM LLC)
108
Carson Wealth (CWM LLC)
Nebraska
$12K – – –
LWM
109
Liberty Wealth Management
California
$11K – – –
JCM
110
Jacobi Capital Management
Pennsylvania
$10K +$9.49K +295 New
BFIM
111
Beese Fulmer Investment Management
Ohio
$10K +$10.1K +315 New
TCM
112
Tradewinds Capital Management
Washington
$9K +$32 +1 +0.4%
EW
113
Element Wealth
Mississippi
$9K +$97 +3 +1%
BFEC
114
Benjamin F. Edwards & Company
Missouri
$9K +$1.03K +32 +13%
CAC
115
Certified Advisory Corp
Florida
$8K – – –
WR
116
Watson Rebecca
$8K +$8.04K +250 New
FP
117
Financial Perspectives
Minnesota
$5.13K +$4.99K +155 New
PMFA
118
Plante Moran Financial Advisors
Michigan
$4K -$6.27K -195 -60%
PNC Financial Services Group
119
PNC Financial Services Group
Pennsylvania
$4K +$4.02K +125 New
SIS
120
Sound Income Strategies
Florida
$3K – – –
S
121
SignatureFD
Georgia
$2K -$13.7K -427 -87%
AWM
122
Avior Wealth Management
Nebraska
$2K – – –
GRP
123
Global Retirement Partners
California
$2K – – –
William Blair & Company
124
William Blair & Company
Illinois
$2K – – –
AIL
125
AGF Investments LLC
Ontario, Canada
$1K -$97 -3 -7%
2 3 4
5
6

FNCL Hedge Fund Activity: Q2 2020 in Review

128 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q2 2020, worth a combined $181M — up 7.4% from $169M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of FNCL and 19 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 39 added.

The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $12M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $14.5M sold.

  • 128 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q2 2020, down from 133 in Q1 2020.
  • Funds reported $181M of Fidelity MSCI Financials Index ETF stock for Q2 2020, up 7.4% quarter-over-quarter.
  • 19 funds opened new Fidelity MSCI Financials Index ETF positions in Q2 2020 and 22 closed out, a net change of -3 holders.
  • The largest Fidelity MSCI Financials Index ETF buyer in Q2 2020 was Pinnacle Advisory Group, an estimated $12M added.
  • The largest Fidelity MSCI Financials Index ETF seller in Q2 2020 was FormulaFolio Investments, an estimated $14.5M sold.

Based on aggregated 13F filings for Q2 2020.