Fidelity Quality Factor ETF
FQAL
63 hedge funds and large institutions have $155M invested in Fidelity Quality Factor ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
7% more capital invested
Capital invested by funds: $144M → $155M (+$10.2M)
1.12% more ownership
Funds ownership: 55.55% → 56.67% (+1.1%)
2% less funds holding
Funds holding: 64 → 63 (-1)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$15.7M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.5M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.96M |
| 4 |
LI
LVZ Inc
Holland,
Michigan
|
+$2.43M |
| 5 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$11M |
| 2 |
Morgan Stanley
New York
|
-$4.14M |
| 3 |
CG
CFO4Life Group
Coppell,
Texas
|
-$3.39M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.99M |
| 5 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
-$946K |
FQAL Hedge Fund Activity: Q1 2023 in Review
63 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Fidelity Quality Factor ETF (FQAL) for Q1 2023, worth a combined $155M — up 7.1% from $144M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FQAL positions and 8 closed out — a net gain of 2 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $15.7M. The largest seller was Commonwealth Equity Services, cutting an estimated $11M.
- 63 institutional investors held Fidelity Quality Factor ETF (FQAL) as of Q1 2023, down from 64 in Q4 2022.
- Funds reported $155M of Fidelity Quality Factor ETF stock for Q1 2023, up 7.1% quarter-over-quarter.
- 10 funds opened new Fidelity Quality Factor ETF positions in Q1 2023 and 8 closed out, a net change of +2 holders.
- The largest Fidelity Quality Factor ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $15.7M added.
- The largest Fidelity Quality Factor ETF seller in Q1 2023 was Commonwealth Equity Services, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2023.