Fidelity MSCI Financials Index ETF
FNCL
185 hedge funds and large institutions have $465M invested in Fidelity MSCI Financials Index ETF in 2022 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 64 reducing their positions, and 26 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.71% less ownership
Funds ownership: 33.09% → 32.38% (-0.71%)
6% less funds holding
Funds holding: 196 → 185 (-11)
17% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 64
25% less capital invested
Capital invested by funds: $620M → $465M (-$154M)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$6.13M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$4.99M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.01M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.65M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
-$11.9M |
| 2 |
DWP
Destiny Wealth Partners
Tavares,
Florida
|
-$9.61M |
| 3 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$8.78M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$8.6M |
| 5 |
BCM
Beaumont Capital Management
Boston,
Massachusetts
|
-$7.01M |
FNCL Hedge Fund Activity: Q2 2022 in Review
185 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q2 2022, worth a combined $465M — down 25% from $620M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FNCL and 17 opened new positions — a net loss of 9 holders — while 64 trimmed existing stakes and 53 added.
The largest buyer was Brookstone Capital Management, adding an estimated $6.13M. The largest seller was Connectus Wealth, cutting an estimated $11.9M.
- 185 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q2 2022, down from 196 in Q1 2022.
- Funds reported $465M of Fidelity MSCI Financials Index ETF stock for Q2 2022, down 25% quarter-over-quarter.
- 17 funds opened new Fidelity MSCI Financials Index ETF positions in Q2 2022 and 26 closed out, a net change of -9 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q2 2022 was Brookstone Capital Management, an estimated $6.13M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q2 2022 was Connectus Wealth, an estimated $11.9M sold.
Based on aggregated 13F filings for Q2 2022.