Fidelity Quality Factor ETF
FQAL
73 hedge funds and large institutions have $254M invested in Fidelity Quality Factor ETF in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 10 closing their positions.
37% more capital invested
Capital invested by funds: $185M → $254M (+$68.4M)
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
7.53% more ownership
Funds ownership: 58.73% → 66.26% (+7.5%)
3% more funds holding
Funds holding: 71 → 73 (+2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$32M |
| 2 |
GCIM
Gunn & Company Investment Management
Jacksonville,
Florida
|
+$12.6M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.29M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$5.69M |
| 5 |
LI
LVZ Inc
Holland,
Michigan
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$7.16M |
| 2 |
GLR
Great Lakes Retirement
Sandusky,
Ohio
|
-$2.45M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.59M |
| 4 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$759K |
| 5 |
NL
Navalign LLC
Encino,
California
|
-$716K |
FQAL Hedge Fund Activity: Q4 2023 in Review
73 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Fidelity Quality Factor ETF (FQAL) for Q4 2023, worth a combined $254M — up 37% from $185M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FQAL positions and 10 closed out — a net gain of 3 holders — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $32M. The largest seller was Osaic Holdings, cutting an estimated $7.16M.
- 73 institutional investors held Fidelity Quality Factor ETF (FQAL) as of Q4 2023, up from 71 in Q3 2023.
- Funds reported $254M of Fidelity Quality Factor ETF stock for Q4 2023, up 37% quarter-over-quarter.
- 13 funds opened new Fidelity Quality Factor ETF positions in Q4 2023 and 10 closed out, a net change of +3 holders.
- The largest Fidelity Quality Factor ETF buyer in Q4 2023 was Fidelity Investments, an estimated $32M added.
- The largest Fidelity Quality Factor ETF seller in Q4 2023 was Osaic Holdings, an estimated $7.16M sold.
Based on aggregated 13F filings for Q4 2023.