Fidelity Quality Factor ETF
FQAL
71 hedge funds and large institutions have $185M invested in Fidelity Quality Factor ETF in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
6% more funds holding
Funds holding: 67 → 71 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $189M → $185M (-$3.78M)
1.6% less ownership
Funds ownership: 60.33% → 58.73% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$5.85M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$3.62M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.3M |
| 4 |
NL
Navalign LLC
Encino,
California
|
+$1.13M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.09M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.08M |
| 3 |
LI
LVZ Inc
Holland,
Michigan
|
-$2.64M |
| 4 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
-$1.48M |
| 5 |
GLR
Great Lakes Retirement
Sandusky,
Ohio
|
-$787K |
FQAL Hedge Fund Activity: Q3 2023 in Review
71 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Fidelity Quality Factor ETF (FQAL) for Q3 2023, worth a combined $185M — down 2% from $189M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FQAL positions and 7 closed out — a net gain of 5 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $5.85M. The largest seller was Osaic Holdings, cutting an estimated $5.09M.
- 71 institutional investors held Fidelity Quality Factor ETF (FQAL) as of Q3 2023, up from 67 in Q2 2023.
- Funds reported $185M of Fidelity Quality Factor ETF stock for Q3 2023, down 2% quarter-over-quarter.
- 12 funds opened new Fidelity Quality Factor ETF positions in Q3 2023 and 7 closed out, a net change of +5 holders.
- The largest Fidelity Quality Factor ETF buyer in Q3 2023 was Commonwealth Equity Services, an estimated $5.85M added.
- The largest Fidelity Quality Factor ETF seller in Q3 2023 was Osaic Holdings, an estimated $5.09M sold.
Based on aggregated 13F filings for Q3 2023.