Fidelity Quality Factor ETF
FQAL
96 hedge funds and large institutions have $852M invested in Fidelity Quality Factor ETF in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
4% more funds holding
Funds holding: 92 → 96 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $894M → $852M (-$41.5M)
2.82% less ownership
Funds ownership: 83.62% → 80.8% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPA
High Probability Advisors
Pittsford,
New York
|
+$4.45M |
| 2 |
Goldman Sachs
New York
|
+$1.71M |
| 3 |
Two Sigma Investments
New York
|
+$1.54M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.24M |
| 5 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$57M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.7M |
| 3 |
GCIM
Gunn & Company Investment Management
Jacksonville,
Florida
|
-$14.9M |
| 4 |
CNC
Citizens & Northern Corp
Wellsboro,
Pennsylvania
|
-$2.19M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.65M |
FQAL Hedge Fund Activity: Q3 2024 in Review
96 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Fidelity Quality Factor ETF (FQAL) for Q3 2024, worth a combined $852M — down 4.6% from $894M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FQAL positions and 4 closed out — a net gain of 6 holders — while 40 added to existing stakes and 29 trimmed.
The largest buyer was High Probability Advisors, adding an estimated $4.45M. The largest seller was Orgel Wealth Management, cutting an estimated $57M.
- 96 institutional investors held Fidelity Quality Factor ETF (FQAL) as of Q3 2024, up from 92 in Q2 2024.
- Funds reported $852M of Fidelity Quality Factor ETF stock for Q3 2024, down 4.6% quarter-over-quarter.
- 10 funds opened new Fidelity Quality Factor ETF positions in Q3 2024 and 4 closed out, a net change of +6 holders.
- The largest Fidelity Quality Factor ETF buyer in Q3 2024 was High Probability Advisors, an estimated $4.45M added.
- The largest Fidelity Quality Factor ETF seller in Q3 2024 was Orgel Wealth Management, an estimated $57M sold.
Based on aggregated 13F filings for Q3 2024.