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Fidelity MSCI Financials Index ETF

168 hedge funds and large institutions have $595M invested in Fidelity MSCI Financials Index ETF in 2021 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 67 increasing their positions, 29 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 12

143% more capital invested

Capital invested by funds: $245M → $595M (+$350M)

131% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 29

18% more funds holding

Funds holding: 142168 (+26)

12.14% more ownership

Funds ownership: 27.65%39.8% (+12%)

Holders
168
Holders Change
+26
Holders Change %
+18.31%
% of All Funds
2.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
39
Increased
67
Reduced
29
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$209M +$198M +4,276,142 New
Lido Advisors
2
Lido Advisors
California
$48.1M +$6.06M +131,206 +15%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$38.7M +$14.6M +315,904 +66%
PAG
4
Pinnacle Advisory Group
Maryland
$23.4M +$4.74M +102,585 +27%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$23.3M +$5.52M +119,534 +34%
FIM
6
Freedom Investment Management
Connecticut
$22.3M +$15.8M +342,755 +303%
FSC
7
Full Sail Capital
Oklahoma
$18.2M +$1.3M +28,069 +8%
BCI
8
Brinker Capital Investments
Pennsylvania
$16.5M +$7.69M +166,428 +97%
Osaic Holdings
9
Osaic Holdings
Arizona
$10.6M +$986K +21,355 +11%
KAS
10
Kestra Advisory Services
Texas
$10.2M +$4.59M +99,422 +92%
Morgan Stanley
11
Morgan Stanley
New York
$10M +$3.44M +74,570 +57%
Wells Fargo
12
Wells Fargo
California
$9.14M +$2.94M +63,717 +52%
BFA
13
Beaumont Financial Advisors
Massachusetts
$8.02M -$1.63M -35,318 -18%
Stifel Financial
14
Stifel Financial
Missouri
$7.6M +$268K +5,794 +4%
Ameriprise
15
Ameriprise
Minnesota
$7.28M +$5.66M +122,486 +452%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$7.25M +$972K +21,046 +17%
HighTower Advisors
17
HighTower Advisors
Illinois
$6.57M +$1.16M +25,029 +23%
5L
18
55I LLC
Massachusetts
$6.4M -$190K -4,108 -3%
NAM
19
NorthCoast Asset Management
Connecticut
$5.01M -$1.27M -27,427 -21%
CAL
20
Capital Analysts LLC
Pennsylvania
$4.98M +$4.7M +101,745 New
DWP
21
Destiny Wealth Partners
Florida
$4.85M +$4.53M +98,177 +11,730%
GGS
22
Galvin Gaustad & Stein
Arizona
$4.46M +$109K +2,355 +3%
UWM
23
USAdvisors Wealth Management
Minnesota
$4.18M +$18.3K +397 +0.5%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$3.22M +$184K +3,981 +6%
LPL Financial
25
LPL Financial
California
$3.12M +$330K +7,147 +13%

FNCL Hedge Fund Activity: Q1 2021 in Review

168 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q1 2021, worth a combined $595M — up 143% from $245M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new FNCL positions and 12 closed out — a net gain of 27 holders — while 67 added to existing stakes and 29 trimmed.

The largest buyer was Charles Schwab, opening a new position worth an estimated $198M. The largest seller was Citadel Advisors, exiting entirely with an estimated $7.66M sold.

  • 168 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q1 2021, up from 142 in Q4 2020.
  • Funds reported $595M of Fidelity MSCI Financials Index ETF stock for Q1 2021, up 143% quarter-over-quarter.
  • 39 funds opened new Fidelity MSCI Financials Index ETF positions in Q1 2021 and 12 closed out, a net change of +27 holders.
  • The largest Fidelity MSCI Financials Index ETF buyer in Q1 2021 was Charles Schwab, an estimated $198M added.
  • The largest Fidelity MSCI Financials Index ETF seller in Q1 2021 was Citadel Advisors, an estimated $7.66M sold.

Based on aggregated 13F filings for Q1 2021.