Fidelity MSCI Financials Index ETF
FNCL
126 hedge funds and large institutions have $306M invested in Fidelity MSCI Financials Index ETF in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 55 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
2% less funds holding
Funds holding: 128 → 126 (-2)
4.57% less ownership
Funds ownership: 35.48% → 30.9% (-4.6%)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
25% less capital invested
Capital invested by funds: $406M → $306M (-$100M)
36% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.48M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$3.82M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.1M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.09M |
| 5 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$679K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$81.9M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$5.27M |
| 3 |
KCM
Karp Capital Management
Sausalito,
California
|
-$5.2M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.76M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.64M |
FNCL Hedge Fund Activity: Q3 2019 in Review
126 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q3 2019, worth a combined $306M — down 25% from $406M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FNCL and 12 opened new positions — a net loss of 2 holders — while 55 trimmed existing stakes and 35 added.
The largest buyer was Jane Street, adding an estimated $4.48M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $81.9M sold.
- 126 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q3 2019, down from 128 in Q2 2019.
- Funds reported $306M of Fidelity MSCI Financials Index ETF stock for Q3 2019, down 25% quarter-over-quarter.
- 12 funds opened new Fidelity MSCI Financials Index ETF positions in Q3 2019 and 14 closed out, a net change of -2 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q3 2019 was Jane Street, an estimated $4.48M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q3 2019 was Charles Schwab Investment Advisory, an estimated $81.9M sold.
Based on aggregated 13F filings for Q3 2019.