Fidelity MSCI Financials Index ETF
FNCL
129 hedge funds and large institutions have $190M invested in Fidelity MSCI Financials Index ETF in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 31 increasing their positions, 49 reducing their positions, and 17 closing their positions.
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
11% more capital inflows, than outflows
Capital inflows: $46.3M | Capital outflows: $41.6M
1.97% more ownership
Funds ownership: 24.7% → 26.66% (+2%)
1% more funds holding
Funds holding: 128 → 129 (+1)
37% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13.7M |
| 2 |
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$8.9M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.63M |
| 4 |
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
+$2.84M |
| 5 |
Full Sail Capital
Oklahoma City,
Oklahoma
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$5.35M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$5.18M |
| 3 |
Spinnaker Trust
Portland,
Maine
|
-$3.57M |
| 4 |
Vicus Capital
State College,
Pennsylvania
|
-$2.98M |
| 5 |
Personal CFO Solutions
Chester,
New Jersey
|
-$2.88M |
FNCL Hedge Fund Activity: Q3 2020 in Review
129 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q3 2020, worth a combined $190M — up 4.8% from $181M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FNCL positions and 17 closed out — a net gain of 2 holders — while 31 added to existing stakes and 49 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $13.7M. The largest seller was Chas P. Smith & Associates (CPS), cutting an estimated $5.35M.
- 129 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q3 2020, up from 128 in Q2 2020.
- Funds reported $190M of Fidelity MSCI Financials Index ETF stock for Q3 2020, up 4.8% quarter-over-quarter.
- 19 funds opened new Fidelity MSCI Financials Index ETF positions in Q3 2020 and 17 closed out, a net change of +2 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q3 2020 was Envestnet Asset Management, an estimated $13.7M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q3 2020 was Chas P. Smith & Associates (CPS), an estimated $5.35M sold.
Based on aggregated 13F filings for Q3 2020.