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Fidelity Small-Mid Multifactor ETF

171 hedge funds and large institutions have $1.9B invested in Fidelity Small-Mid Multifactor ETF in 2026 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 86 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

132% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 37

123% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 13

13% more capital invested

Capital invested by funds: $1.69B → $1.9B (+$214M)

6% more funds holding

Funds holding: 161171 (+10)

0.94% more ownership

Funds ownership: 88.7%89.65% (+0.94%)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

Holders
171
Holders Change
+10
Holders Change %
+6.21%
% of All Funds
2.1%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
29
Increased
86
Reduced
37
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$754M +$31.3M +683,525 +4%
RPGK
2
Retirement Planning Group (Kansas)
Kansas
$231M +$52.5M +1,144,782 +28%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$148M +$11.4M +248,103 +8%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$94.3M +$7M +152,665 +8%
Bank of America
5
Bank of America
North Carolina
$57.1M +$6.5M +141,664 +12%
KIM
6
Kestra Investment Management
Texas
$55M -$1.22M -26,695 -2%
LPL Financial
7
LPL Financial
California
$54.5M +$5.45M +118,770 +11%
SA
8
Sanctuary Advisors
Indiana
$37.6M +$18.8M +408,953 +95%
Stifel Financial
9
Stifel Financial
Missouri
$34.6M +$11.6M +252,096 +48%
AI
10
Atria Investments
North Carolina
$33.9M +$17.1M +372,797 +97%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$26M -$1.05M -22,884 -4%
AWMS
12
Advocacy Wealth Management Services
Georgia
$25.4M +$1.08M +23,499 +4%
KAS
13
Kestra Advisory Services
Texas
$25M +$3.22M +70,166 +14%
Raymond James Financial
14
Raymond James Financial
Florida
$19.4M +$8.34M +181,886 +72%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$18.5M +$3.26M +71,053 +21%
OIA
16
OneDigital Investment Advisors
Kansas
$18.3M +$10.3M +225,429 +122%
GFG
17
Goldstone Financial Group
Illinois
$16M +$1.03M +22,470 +7%
LSWP
18
Liberty Square Wealth Partners
Pennsylvania
$14.2M +$2.64M +57,652 +22%
GFM
19
GEN Financial Management
Minnesota
$13.6M +$218K +4,747 +2%
Osaic Holdings
20
Osaic Holdings
Arizona
$12.7M -$3.93M -85,757 -23%
AIA
21
AssuredPartners Investment Advisors
Florida
$11.3M +$157K +3,417 +1%
PFA
22
Presper Financial Architects
Ohio
$11M +$8.08M +176,191 +249%
SPIA
23
Steward Partners Investment Advisory
New York
$9.07M -$34.7K -757 -0.4%
FFA
24
Farther Finance Advisors
California
$8.85M +$36.7K +800 +0.4%
PWP
25
Prasad Wealth Partners
Ohio
$8.82M +$325K +7,094 +4%

FSMD Hedge Fund Activity: Q1 2026 in Review

171 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Fidelity Small-Mid Multifactor ETF (FSMD) for Q1 2026, worth a combined $1.9B — up 13% from $1.69B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FSMD positions and 13 closed out — a net gain of 16 holders — while 86 added to existing stakes and 37 trimmed.

The largest buyer was Retirement Planning Group (Kansas), adding an estimated $52.5M. The largest seller was Novem Group, cutting an estimated $6.64M.

  • 171 institutional investors held Fidelity Small-Mid Multifactor ETF (FSMD) as of Q1 2026, up from 161 in Q4 2025.
  • Funds reported $1.9B of Fidelity Small-Mid Multifactor ETF stock for Q1 2026, up 13% quarter-over-quarter.
  • 29 funds opened new Fidelity Small-Mid Multifactor ETF positions in Q1 2026 and 13 closed out, a net change of +16 holders.
  • The largest Fidelity Small-Mid Multifactor ETF buyer in Q1 2026 was Retirement Planning Group (Kansas), an estimated $52.5M added.
  • The largest Fidelity Small-Mid Multifactor ETF seller in Q1 2026 was Novem Group, an estimated $6.64M sold.

Based on aggregated 13F filings for Q1 2026.