Fidelity MSCI Financials Index ETF
FNCL
185 hedge funds and large institutions have $678M invested in Fidelity MSCI Financials Index ETF in 2021 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 64 increasing their positions, 55 reducing their positions, and 15 closing their positions.
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
16% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 55
5% more funds holding
Funds holding: 176 → 185 (+9)
2.02% more ownership
Funds ownership: 35.61% → 37.64% (+2%)
5% more capital invested
Capital invested by funds: $648M → $678M (+$30.1M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$29.6M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$15.7M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$7.62M |
| 4 |
EFL
ERn Financial LLC
Middleton,
Wisconsin
|
+$4.8M |
| 5 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
+$4.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$24.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.57M |
| 3 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$5.69M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$5.28M |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$3.22M |
FNCL Hedge Fund Activity: Q3 2021 in Review
185 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q3 2021, worth a combined $678M — up 4.6% from $648M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FNCL positions and 15 closed out — a net gain of 11 holders — while 64 added to existing stakes and 55 trimmed.
The largest buyer was Brookstone Capital Management, opening a new position worth an estimated $29.6M. The largest seller was Empowered Funds, exiting entirely with an estimated $24.4M sold.
- 185 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q3 2021, up from 176 in Q2 2021.
- Funds reported $678M of Fidelity MSCI Financials Index ETF stock for Q3 2021, up 4.6% quarter-over-quarter.
- 26 funds opened new Fidelity MSCI Financials Index ETF positions in Q3 2021 and 15 closed out, a net change of +11 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q3 2021 was Brookstone Capital Management, an estimated $29.6M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q3 2021 was Empowered Funds, an estimated $24.4M sold.
Based on aggregated 13F filings for Q3 2021.