Fidelity Small-Mid Multifactor ETF
FSMD
30 hedge funds and large institutions have $65.1M invested in Fidelity Small-Mid Multifactor ETF in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
65% more capital invested
Capital invested by funds: $39.5M → $65.1M (+$25.6M)
11% more funds holding
Funds holding: 27 → 30 (+3)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
2.39% less ownership
Funds ownership: 59.66% → 57.27% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.86M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$813K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$674K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$391K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.66M |
| 2 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
-$633K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$582K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$343K |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$302K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $2.74K | -$5.93K | -185 | -69% |
|
|
LOIP
27
Live Oak Investment Partners
Austin,
Texas
| $2.41K | – | – | – |
|
|
GJIA
28
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| $1.84K | +$1.76K | +55 | New |
|
|
SS
29
Sunbelt Securities
Houston,
Texas
| $468 | +$449 | +14 | New |
|
30
Fidelity Investments
Boston,
Massachusetts
| $33 | -$96 | -3 | -75% |
|
31
Wells Fargo
San Francisco,
California
| $17 | +$32 | +1 | New |
|
|
BFA
32
BMS Financial Advisors
Rapid City,
South Dakota
| – | -$633K | -19,612 | Closed |
|
|
FTUS
33
Flow Traders U.S.
New York
| – | -$582K | -18,043 | Closed |
|
|
34
Brown Advisory
Baltimore,
Maryland
| – | -$302K | -9,352 | Closed |
|
|
AAS
35
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$65.2K | -2,020 | Closed |
|
FSMD Hedge Fund Activity: Q2 2023 in Review
30 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fidelity Small-Mid Multifactor ETF (FSMD) for Q2 2023, worth a combined $65.1M — up 65% from $39.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FSMD positions and 4 closed out — a net gain of 3 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $1.86M. The largest seller was IFP Advisors, cutting an estimated $1.66M.
- 30 institutional investors held Fidelity Small-Mid Multifactor ETF (FSMD) as of Q2 2023, up from 27 in Q1 2023.
- Funds reported $65.1M of Fidelity Small-Mid Multifactor ETF stock for Q2 2023, up 65% quarter-over-quarter.
- 7 funds opened new Fidelity Small-Mid Multifactor ETF positions in Q2 2023 and 4 closed out, a net change of +3 holders.
- The largest Fidelity Small-Mid Multifactor ETF buyer in Q2 2023 was Commonwealth Equity Services, an estimated $1.86M added.
- The largest Fidelity Small-Mid Multifactor ETF seller in Q2 2023 was IFP Advisors, an estimated $1.66M sold.
Based on aggregated 13F filings for Q2 2023.