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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
HF
126
Halpern Financial
Virginia
$563 – – –
FI
127
FormulaFolio Investments
Michigan
– -$14.5M -494,157 Closed
FIM
128
Freedom Investment Management
Connecticut
– -$4.39M -98,208 Closed
BFPW
129
BOK Financial Private Wealth
Colorado
– -$2.68M -91,123 Closed
Jane Street
130
Jane Street
New York
– -$2.22M -75,484 Closed
BAM
131
Beaumont Asset Management
Texas
– -$623K -21,209 Closed
RJA
132
Raymond James & Associates
Florida
– -$427K -14,530 Closed
COF
133
Capital One Financial
Virginia
– -$337K -11,485 Closed
Creative Planning
134
Creative Planning
Kansas
– -$246K -8,387 Closed
PG
135
Prostatis Group
Maryland
– -$237K -8,060 Closed
PD
136
Planning Directions
Pennsylvania
– -$227K -7,721 Closed
APP
137
Avantax Planning Partners
Iowa
– -$206K -7,013 Closed
PAA
138
Peregrine Asset Advisers
Oregon
– -$142K -4,837 Closed
EFSCE
139
Enterprise Financial Services Corp (EFSC)
Missouri
– -$68K -2,300 Closed
AA
140
Advisory Alpha
Michigan
– -$23K -765 Closed
KFS
141
Kelly Financial Services
Massachusetts
– -$9.58K -326 Closed
FGAM
142
Financial Gravity Asset Management
Texas
– -$9.39K -325 Closed
FANJ
143
Financial Architects (New Jersey)
New Jersey
– -$7K -235 Closed
SWA
144
Stratos Wealth Advisors
Ohio
– -$7K -233 Closed
Fifth Third Bancorp
145
Fifth Third Bancorp
Ohio
– -$6K -209 Closed
SIM
146
Sonora Investment Management
Arizona
– -$4K -145 Closed
SF
147
Synovus Financial
Georgia
– -$2K -82 Closed
HR
148
Howe & Rusling
New York
– -$1K -20 Closed
PWMG
149
Prestige Wealth Management Group
New Jersey
– +$32 +1 New
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.