Fidelity MSCI Financials Index ETF
FNCL
116 hedge funds and large institutions have $344M invested in Fidelity MSCI Financials Index ETF in 2017 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 30 reducing their positions, and 9 closing their positions.
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
73% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 30
17% more funds holding
Funds holding: 99 → 116 (+17)
14% more capital invested
Capital invested by funds: $303M → $344M (+$41.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.54% less ownership
Funds ownership: 32.05% → 29.51% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$6.49M |
| 2 |
Jane Street
New York
|
+$6.03M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$5.34M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.11M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.95M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.16M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.09M |
| 4 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$1.75M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.56M |
FNCL Hedge Fund Activity: Q4 2017 in Review
116 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q4 2017, worth a combined $344M — up 14% from $303M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FNCL positions and 9 closed out — a net gain of 17 holders — while 52 added to existing stakes and 30 trimmed.
The largest buyer was FormulaFolio Investments, adding an estimated $6.49M. The largest seller was Envestnet Asset Management, cutting an estimated $6.95M.
- 116 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q4 2017, up from 99 in Q3 2017.
- Funds reported $344M of Fidelity MSCI Financials Index ETF stock for Q4 2017, up 14% quarter-over-quarter.
- 26 funds opened new Fidelity MSCI Financials Index ETF positions in Q4 2017 and 9 closed out, a net change of +17 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q4 2017 was FormulaFolio Investments, an estimated $6.49M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q4 2017 was Envestnet Asset Management, an estimated $6.95M sold.
Based on aggregated 13F filings for Q4 2017.