Fidelity Small-Mid Multifactor ETF
FSMD
27 hedge funds and large institutions have $39.5M invested in Fidelity Small-Mid Multifactor ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
17% more funds holding
Funds holding: 23 → 27 (+4)
1.67% more ownership
Funds ownership: 57.99% → 59.66% (+1.7%)
25% less capital invested
Capital invested by funds: $52.7M → $39.5M (-$13.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$2.94M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.59M |
| 3 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
+$641K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$590K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$454K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$302K |
| 2 |
Goldman Sachs
New York
|
-$237K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$125K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$60.6K |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$35.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LOIP
26
Live Oak Investment Partners
Austin,
Texas
| $2.32K | – | – | – |
|
|
HI
27
Harbour Investments
Madison,
Wisconsin
| $1.42K | +$1.44K | +44 | New |
|
28
Fidelity Investments
Boston,
Massachusetts
| $129 | +$131 | +4 | New |
|
29
Wells Fargo
San Francisco,
California
| $7 | -$33 | -1 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$407 | -13 | Closed |
|
FSMD Hedge Fund Activity: Q1 2023 in Review
27 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fidelity Small-Mid Multifactor ETF (FSMD) for Q1 2023, worth a combined $39.5M — down 25% from $52.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FSMD positions and 2 closed out — a net gain of 5 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was IFP Advisors, adding an estimated $2.94M. The largest seller was LPL Financial, cutting an estimated $302K.
- 27 institutional investors held Fidelity Small-Mid Multifactor ETF (FSMD) as of Q1 2023, up from 23 in Q4 2022.
- Funds reported $39.5M of Fidelity Small-Mid Multifactor ETF stock for Q1 2023, down 25% quarter-over-quarter.
- 7 funds opened new Fidelity Small-Mid Multifactor ETF positions in Q1 2023 and 2 closed out, a net change of +5 holders.
- The largest Fidelity Small-Mid Multifactor ETF buyer in Q1 2023 was IFP Advisors, an estimated $2.94M added.
- The largest Fidelity Small-Mid Multifactor ETF seller in Q1 2023 was LPL Financial, an estimated $302K sold.
Based on aggregated 13F filings for Q1 2023.