Fidelity MSCI Financials Index ETF
FNCL
6 hedge funds and large institutions have $14.2M invested in Fidelity MSCI Financials Index ETF in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
20% more funds holding
Funds holding: 5 → 6 (+1)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
24% less capital invested
Capital invested by funds: $18.7M → $14.2M (-$4.5M)
30.77% less ownership
Funds ownership: 57.42% → 26.65% (-31%)
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$3.71M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$871K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$402K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$255K |
| 5 |
Morgan Stanley
New York
|
+$79.4K |
Top Sellers
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.99M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$983K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$149K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Goldman Sachs
New York
| $12.4M | +$3.71M | +142,844 | +44% |
|
|
2
Mariner
Overland Park,
Kansas
| $892K | +$871K | +33,543 | New |
|
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $412K | +$402K | +15,485 | New |
|
|
4
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $261K | +$255K | +9,799 | New |
|
|
5
Bank of America
Charlotte,
North Carolina
| $103K | -$8.99M | -345,928 | -99% |
|
|
6
Morgan Stanley
New York
| $81K | +$79.4K | +3,056 | New |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$983K | -37,783 | Closed |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$149K | -5,737 | Closed |
|
FNCL Hedge Fund Activity: Q1 2014 in Review
6 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q1 2014, worth a combined $14.2M — down 24% from $18.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNCL positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $3.71M. The largest seller was Bank of America, cutting an estimated $8.99M.
- 6 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q1 2014, up from 5 in Q4 2013.
- Funds reported $14.2M of Fidelity MSCI Financials Index ETF stock for Q1 2014, down 24% quarter-over-quarter.
- 4 funds opened new Fidelity MSCI Financials Index ETF positions in Q1 2014 and 3 closed out, a net change of +1 holder.
- The largest Fidelity MSCI Financials Index ETF buyer in Q1 2014 was Goldman Sachs, an estimated $3.71M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q1 2014 was Bank of America, an estimated $8.99M sold.
Based on aggregated 13F filings for Q1 2014.