Fidelity MSCI Financials Index ETF
FNCL
196 hedge funds and large institutions have $620M invested in Fidelity MSCI Financials Index ETF in 2022 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 73 increasing their positions, 52 reducing their positions, and 27 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 52
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0.37% less ownership
Funds ownership: 33.46% → 33.09% (-0.37%)
2% less capital invested
Capital invested by funds: $634M → $620M (-$13.8M)
1% less funds holding
Funds holding: 198 → 196 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$21M |
| 2 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
+$16M |
| 3 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$13.1M |
| 4 |
BCM
Beaumont Capital Management
Boston,
Massachusetts
|
+$6.97M |
| 5 |
PCS
Personal CFO Solutions
Chester,
New Jersey
|
+$6.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$23.1M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$12.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11.6M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$6.73M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$5.68M |
FNCL Hedge Fund Activity: Q1 2022 in Review
196 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q1 2022, worth a combined $620M — down 2.2% from $634M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FNCL positions and 27 closed out — a net gain of 1 holder — while 73 added to existing stakes and 52 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $21M. The largest seller was Brookstone Capital Management, cutting an estimated $23.1M.
- 196 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q1 2022, down from 198 in Q4 2021.
- Funds reported $620M of Fidelity MSCI Financials Index ETF stock for Q1 2022, down 2.2% quarter-over-quarter.
- 28 funds opened new Fidelity MSCI Financials Index ETF positions in Q1 2022 and 27 closed out, a net change of +1 holder.
- The largest Fidelity MSCI Financials Index ETF buyer in Q1 2022 was Cetera Investment Advisers, an estimated $21M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q1 2022 was Brookstone Capital Management, an estimated $23.1M sold.
Based on aggregated 13F filings for Q1 2022.