Fidelity MSCI Financials Index ETF
FNCL
126 hedge funds and large institutions have $366M invested in Fidelity MSCI Financials Index ETF in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 47 reducing their positions, and 21 closing their positions.
9% more capital invested
Capital invested by funds: $336M → $366M (+$30.4M)
0.72% more ownership
Funds ownership: 31.9% → 32.62% (+0.72%)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
2% less funds holding
Funds holding: 128 → 126 (-2)
21% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 47
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$21M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$20.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$19M |
| 4 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
+$4.44M |
| 5 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$41.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.67M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.33M |
| 4 |
CW
Cobiz Wealth
Denver,
Colorado
|
-$3.97M |
| 5 |
Morgan Stanley
New York
|
-$3.32M |
FNCL Hedge Fund Activity: Q1 2019 in Review
126 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q1 2019, worth a combined $366M — up 9.1% from $336M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FNCL and 20 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 37 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $21M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $41.5M sold.
- 126 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q1 2019, down from 128 in Q4 2018.
- Funds reported $366M of Fidelity MSCI Financials Index ETF stock for Q1 2019, up 9.1% quarter-over-quarter.
- 20 funds opened new Fidelity MSCI Financials Index ETF positions in Q1 2019 and 21 closed out, a net change of -1 holder.
- The largest Fidelity MSCI Financials Index ETF buyer in Q1 2019 was Charles Schwab Investment Advisory, an estimated $21M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q1 2019 was FormulaFolio Investments, an estimated $41.5M sold.
Based on aggregated 13F filings for Q1 2019.