Fidelity MSCI Financials Index ETF
FNCL
176 hedge funds and large institutions have $648M invested in Fidelity MSCI Financials Index ETF in 2021 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 80 increasing their positions, 37 reducing their positions, and 15 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
116% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 37
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
60% more call options, than puts
Call options by funds: $452K | Put options by funds: $283K
9% more capital invested
Capital invested by funds: $594M → $648M (+$53.7M)
5% more funds holding
Funds holding: 167 → 176 (+9)
4.11% less ownership
Funds ownership: 39.72% → 35.61% (-4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$24.4M |
| 2 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$9.02M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$8.49M |
| 4 |
SHIM
Stone House Investment Management
Tunkhannock,
Pennsylvania
|
+$5.86M |
| 5 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$5.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$54.4M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$6.47M |
| 3 |
ST
Spinnaker Trust
Portland,
Maine
|
-$1.81M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.04M |
| 5 |
Lido Advisors
Los Angeles,
California
|
-$849K |
FNCL Hedge Fund Activity: Q2 2021 in Review
176 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q2 2021, worth a combined $648M — up 9% from $594M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FNCL positions and 15 closed out — a net gain of 10 holders — while 80 added to existing stakes and 37 trimmed.
The largest buyer was Empowered Funds, opening a new position worth an estimated $24.4M. The largest seller was Charles Schwab, cutting an estimated $54.4M.
- 176 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q2 2021, up from 167 in Q1 2021.
- Funds reported $648M of Fidelity MSCI Financials Index ETF stock for Q2 2021, up 9% quarter-over-quarter.
- 25 funds opened new Fidelity MSCI Financials Index ETF positions in Q2 2021 and 15 closed out, a net change of +10 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q2 2021 was Empowered Funds, an estimated $24.4M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q2 2021 was Charles Schwab, an estimated $54.4M sold.
Based on aggregated 13F filings for Q2 2021.