Fidelity MSCI Financials Index ETF
FNCL
128 hedge funds and large institutions have $181M invested in Fidelity MSCI Financials Index ETF in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 39 increasing their positions, 45 reducing their positions, and 21 closing their positions.
7% more capital invested
Capital invested by funds: $169M → $181M (+$12.4M)
0.91% less ownership
Funds ownership: 25.6% → 24.7% (-0.91%)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
3% less funds holding
Funds holding: 132 → 128 (-4)
13% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 45
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$12M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$6.85M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.68M |
| 4 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$1.73M |
| 5 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$14.5M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$4.39M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.26M |
| 4 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
-$2.68M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.47M |
FNCL Hedge Fund Activity: Q2 2020 in Review
128 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q2 2020, worth a combined $181M — up 7.4% from $169M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FNCL and 19 opened new positions — a net loss of 2 holders — while 45 trimmed existing stakes and 39 added.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $12M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $14.5M sold.
- 128 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q2 2020, down from 132 in Q1 2020.
- Funds reported $181M of Fidelity MSCI Financials Index ETF stock for Q2 2020, up 7.4% quarter-over-quarter.
- 19 funds opened new Fidelity MSCI Financials Index ETF positions in Q2 2020 and 21 closed out, a net change of -2 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q2 2020 was Pinnacle Advisory Group, an estimated $12M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q2 2020 was FormulaFolio Investments, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2020.