Fidelity MSCI Financials Index ETF
FNCL
259 hedge funds and large institutions have $824M invested in Fidelity MSCI Financials Index ETF in 2025 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 101 increasing their positions, 58 reducing their positions, and 24 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
74% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 58
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
7% more capital invested
Capital invested by funds: $772M → $824M (+$52.3M)
4% more funds holding
Funds holding: 248 → 259 (+11)
1.08% more ownership
Funds ownership: 37.27% → 38.36% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$15.8M |
| 2 |
PCS
Personal CFO Solutions
Chester,
New Jersey
|
+$7.88M |
| 3 |
AM
AGF Management
Toronto,
Ontario, Canada
|
+$5.53M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.27M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$10.1M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$5.33M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$4.63M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$4.38M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.15M |
FNCL Hedge Fund Activity: Q1 2025 in Review
259 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Financials Index ETF (FNCL) for Q1 2025, worth a combined $824M — up 6.8% from $772M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FNCL positions and 24 closed out — a net gain of 17 holders — while 101 added to existing stakes and 58 trimmed.
The largest buyer was Lido Advisors, adding an estimated $15.8M. The largest seller was Kovitz Investment Group Partners, cutting an estimated $10.1M.
- 259 institutional investors held Fidelity MSCI Financials Index ETF (FNCL) as of Q1 2025, up from 248 in Q4 2024.
- Funds reported $824M of Fidelity MSCI Financials Index ETF stock for Q1 2025, up 6.8% quarter-over-quarter.
- 41 funds opened new Fidelity MSCI Financials Index ETF positions in Q1 2025 and 24 closed out, a net change of +17 holders.
- The largest Fidelity MSCI Financials Index ETF buyer in Q1 2025 was Lido Advisors, an estimated $15.8M added.
- The largest Fidelity MSCI Financials Index ETF seller in Q1 2025 was Kovitz Investment Group Partners, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2025.