Fidelity MSCI Financials Index ETF
FNCL
15 hedge funds and large institutions have $76.8M invested in Fidelity MSCI Financials Index ETF in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
33% more capital invested
Capital invested by funds: $57.6M → $76.8M (+$19.2M)
5.04% more ownership
Funds ownership: 47.83% → 52.87% (+5%)
12% less funds holding
Funds holding: 17 → 15 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$14.3M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$4.08M |
| 3 |
BRCM
Bright Rock Capital Management
Hanover,
Massachusetts
|
+$2.66M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.53M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.13M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.13M |
| 3 |
Jane Street
New York
|
-$510K |
| 4 |
Goldman Sachs
New York
|
-$272K |
| 5 |
SG Americas Securities
New York
|
-$155K |
FNCL Hedge Fund Activity: Q3 2014 in Review
15 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q3 2014, worth a combined $76.8M — up 33% from $57.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FNCL and 5 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 6 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $14.3M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.13M sold.
- 15 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q3 2014, down from 17 in Q2 2014.
- Funds reported $76.8M of Fidelity MSCI Financials Index ETF stock for Q3 2014, up 33% quarter-over-quarter.
- 5 funds opened new Fidelity MSCI Financials Index ETF positions in Q3 2014 and 7 closed out, a net change of -2 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q3 2014 was Ladenburg Thalmann Financial Services, an estimated $14.3M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q3 2014 was Susquehanna International Group, an estimated $2.13M sold.
Based on aggregated 13F filings for Q3 2014.