Fidelity MSCI Financials Index ETF
FNCL
132 hedge funds and large institutions have $169M invested in Fidelity MSCI Financials Index ETF in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 46 reducing their positions, and 30 closing their positions.
5.98% less ownership
Funds ownership: 31.58% → 25.6% (-6%)
10% less funds holding
Funds holding: 147 → 132 (-15)
26% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 46
33% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 30
51% less capital invested
Capital invested by funds: $342M → $169M (-$174M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$18.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.03M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.78M |
| 4 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
+$3.61M |
| 5 |
Jane Street
New York
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$31.9M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$17.7M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$9.43M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$9.37M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$6.11M |
FNCL Hedge Fund Activity: Q1 2020 in Review
132 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q1 2020, worth a combined $169M — down 51% from $342M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FNCL and 20 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 34 added.
The largest buyer was FormulaFolio Investments, adding an estimated $18.1M. The largest seller was Envestnet Asset Management, cutting an estimated $31.9M.
- 132 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q1 2020, down from 147 in Q4 2019.
- Funds reported $169M of Fidelity MSCI Financials Index ETF stock for Q1 2020, down 51% quarter-over-quarter.
- 20 funds opened new Fidelity MSCI Financials Index ETF positions in Q1 2020 and 30 closed out, a net change of -10 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q1 2020 was FormulaFolio Investments, an estimated $18.1M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q1 2020 was Envestnet Asset Management, an estimated $31.9M sold.
Based on aggregated 13F filings for Q1 2020.