Fidelity Quality Factor ETF
FQAL
81 hedge funds and large institutions have $677M invested in Fidelity Quality Factor ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
167% more capital invested
Capital invested by funds: $254M → $677M (+$423M)
14.87% more ownership
Funds ownership: 66.26% → 81.13% (+15%)
11% more funds holding
Funds holding: 73 → 81 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$268M |
| 2 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$114M |
| 3 |
BFG
Beacon Financial Group
Dallas,
Texas
|
+$10.6M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$4.24M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIM
Gunn & Company Investment Management
Jacksonville,
Florida
|
-$13.8M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.46M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.43M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.71M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$1.16M |
FQAL Hedge Fund Activity: Q1 2024 in Review
81 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Fidelity Quality Factor ETF (FQAL) for Q1 2024, worth a combined $677M — up 167% from $254M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FQAL positions and 4 closed out — a net gain of 9 holders — while 27 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $268M. The largest seller was Gunn & Company Investment Management, cutting an estimated $13.8M.
- 81 institutional investors held Fidelity Quality Factor ETF (FQAL) as of Q1 2024, up from 73 in Q4 2023.
- Funds reported $677M of Fidelity Quality Factor ETF stock for Q1 2024, up 167% quarter-over-quarter.
- 13 funds opened new Fidelity Quality Factor ETF positions in Q1 2024 and 4 closed out, a net change of +9 holders.
- The largest Fidelity Quality Factor ETF buyer in Q1 2024 was Fidelity Investments, an estimated $268M added.
- The largest Fidelity Quality Factor ETF seller in Q1 2024 was Gunn & Company Investment Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2024.