Fidelity Quality Factor ETF
FQAL
43 hedge funds and large institutions have $84.7M invested in Fidelity Quality Factor ETF in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 6 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
2% less funds holding
Funds holding: 44 → 43 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
30.7% less ownership
Funds ownership: 87.55% → 56.85% (-31%)
38% less capital invested
Capital invested by funds: $136M → $84.7M (-$51.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWF
Epstein & White Financial
San Diego,
California
|
+$2.65M |
| 2 |
Jane Street
New York
|
+$906K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$824K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$761K |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$19.1M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$14.1M |
| 3 |
LJAC
L.J. Altfest & Co
New York
|
-$13.1M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.81M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$3.73M |
FQAL Hedge Fund Activity: Q3 2019 in Review
43 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Fidelity Quality Factor ETF (FQAL) for Q3 2019, worth a combined $84.7M — down 38% from $136M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FQAL and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 20 added.
The largest buyer was Epstein & White Financial, adding an estimated $2.65M. The largest seller was AE Wealth Management, exiting entirely with an estimated $19.1M sold.
- 43 institutional investors held Fidelity Quality Factor ETF (FQAL) as of Q3 2019, down from 44 in Q2 2019.
- Funds reported $84.7M of Fidelity Quality Factor ETF stock for Q3 2019, down 38% quarter-over-quarter.
- 5 funds opened new Fidelity Quality Factor ETF positions in Q3 2019 and 6 closed out, a net change of -1 holder.
- The largest Fidelity Quality Factor ETF buyer in Q3 2019 was Epstein & White Financial, an estimated $2.65M added.
- The largest Fidelity Quality Factor ETF seller in Q3 2019 was AE Wealth Management, an estimated $19.1M sold.
Based on aggregated 13F filings for Q3 2019.