Fidelity MSCI Financials Index ETF
FNCL
182 hedge funds and large institutions have $484M invested in Fidelity MSCI Financials Index ETF in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 65 increasing their positions, 58 reducing their positions, and 15 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 58
2.52% more ownership
Funds ownership: 32.38% → 34.9% (+2.5%)
4% more capital invested
Capital invested by funds: $465M → $484M (+$18.9M)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
2% less funds holding
Funds holding: 185 → 182 (-3)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$18.3M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$9.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.28M |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$5.69M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$5.76M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.35M |
| 3 |
Jane Street
New York
|
-$2.34M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.96M |
| 5 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$1.56M |
FNCL Hedge Fund Activity: Q3 2022 in Review
182 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q3 2022, worth a combined $484M — up 4.1% from $465M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FNCL and 14 opened new positions — a net loss of 1 holder — while 58 trimmed existing stakes and 65 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $18.3M. The largest seller was Brookstone Capital Management, cutting an estimated $5.76M.
- 182 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q3 2022, down from 185 in Q2 2022.
- Funds reported $484M of Fidelity MSCI Financials Index ETF stock for Q3 2022, up 4.1% quarter-over-quarter.
- 14 funds opened new Fidelity MSCI Financials Index ETF positions in Q3 2022 and 15 closed out, a net change of -1 holder.
- The largest Fidelity MSCI Financials Index ETF buyer in Q3 2022 was Raymond James Financial Services Advisors, an estimated $18.3M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q3 2022 was Brookstone Capital Management, an estimated $5.76M sold.
Based on aggregated 13F filings for Q3 2022.