Fidelity MSCI Financials Index ETF
FNCL
137 hedge funds and large institutions have $544M invested in Fidelity MSCI Financials Index ETF in 2018 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 24 reducing their positions, and 4 closing their positions.
550% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 4
179% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 24
58% more capital invested
Capital invested by funds: $344M → $544M (+$199M)
18% more funds holding
Funds holding: 116 → 137 (+21)
5.85% more ownership
Funds ownership: 29.51% → 35.36% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$125M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$19.5M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$16.8M |
| 4 |
LI
LVZ Inc
Holland,
Michigan
|
+$9.55M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$8.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRCM
Bright Rock Capital Management
Hanover,
Massachusetts
|
-$6.07M |
| 2 |
Jane Street
New York
|
-$3.98M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$1.34M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$853K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$563K |
FNCL Hedge Fund Activity: Q1 2018 in Review
137 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q1 2018, worth a combined $544M — up 58% from $344M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FNCL positions and 4 closed out — a net gain of 22 holders — while 67 added to existing stakes and 24 trimmed.
The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $125M. The largest seller was Bright Rock Capital Management, exiting entirely with an estimated $6.07M sold.
- 137 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q1 2018, up from 116 in Q4 2017.
- Funds reported $544M of Fidelity MSCI Financials Index ETF stock for Q1 2018, up 58% quarter-over-quarter.
- 26 funds opened new Fidelity MSCI Financials Index ETF positions in Q1 2018 and 4 closed out, a net change of +22 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q1 2018 was Charles Schwab Investment Advisory, an estimated $125M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q1 2018 was Bright Rock Capital Management, an estimated $6.07M sold.
Based on aggregated 13F filings for Q1 2018.