Fidelity Quality Factor ETF
FQAL
146 hedge funds and large institutions have $918M invested in Fidelity Quality Factor ETF in 2025 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 66 increasing their positions, 31 reducing their positions, and 16 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 31
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
6% more funds holding
Funds holding: 138 → 146 (+8)
3% more capital invested
Capital invested by funds: $889M → $918M (+$28.3M)
0.56% more ownership
Funds ownership: 79.37% → 79.93% (+0.56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Principal Securities
Des Moines,
Iowa
|
+$7.98M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.36M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$3.91M |
| 4 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$3.34M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.1M |
| 2 |
LI
LVZ Inc
Holland,
Michigan
|
-$1.89M |
| 3 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$1.7M |
| 4 |
Goldman Sachs
New York
|
-$1.18M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$772K |
FQAL Hedge Fund Activity: Q4 2025 in Review
146 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Fidelity Quality Factor ETF (FQAL) for Q4 2025, worth a combined $918M — up 3.2% from $889M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FQAL positions and 16 closed out — a net gain of 9 holders — while 66 added to existing stakes and 31 trimmed.
The largest buyer was Principal Securities, adding an estimated $7.98M. The largest seller was Fidelity Investments, cutting an estimated $15.1M.
- 146 institutional investors held Fidelity Quality Factor ETF (FQAL) as of Q4 2025, up from 138 in Q3 2025.
- Funds reported $918M of Fidelity Quality Factor ETF stock for Q4 2025, up 3.2% quarter-over-quarter.
- 25 funds opened new Fidelity Quality Factor ETF positions in Q4 2025 and 16 closed out, a net change of +9 holders.
- The largest Fidelity Quality Factor ETF buyer in Q4 2025 was Principal Securities, an estimated $7.98M added.
- The largest Fidelity Quality Factor ETF seller in Q4 2025 was Fidelity Investments, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2025.