Fidelity MSCI Financials Index ETF
FNCL
45 hedge funds and large institutions have $58.1M invested in Fidelity MSCI Financials Index ETF in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 11 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
15% less funds holding
Funds holding: 53 → 45 (-8)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
71% less capital inflows, than outflows
Capital inflows: $8.83M | Capital outflows: $30.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.92M |
| 2 |
Spinnaker Trust
Portland,
Maine
|
+$1.49M |
| 3 |
Advisory Services Network
Atlanta,
Georgia
|
+$1.35M |
| 4 |
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$1.24M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$787K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$6.19M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.71M |
| 3 |
SG Americas Securities
New York
|
-$5.67M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.91M |
| 5 |
HFA
High Falls Advisors
Rochester,
New York
|
-$1.57M |
FNCL Hedge Fund Activity: Q3 2016 in Review
45 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q3 2016, worth a combined $58.1M — down 30% from $83.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FNCL and 5 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $1.92M. The largest seller was TRUE Private Wealth Advisors, exiting entirely with an estimated $6.19M sold.
- 45 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q3 2016, down from 53 in Q2 2016.
- Funds reported $58.1M of Fidelity MSCI Financials Index ETF stock for Q3 2016, down 30% quarter-over-quarter.
- 5 funds opened new Fidelity MSCI Financials Index ETF positions in Q3 2016 and 11 closed out, a net change of -6 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q3 2016 was Morgan Stanley, an estimated $1.92M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q3 2016 was TRUE Private Wealth Advisors, an estimated $6.19M sold.
Based on aggregated 13F filings for Q3 2016.