Fidelity Small-Mid Multifactor ETF
FSMD
29 hedge funds and large institutions have $66.4M invested in Fidelity Small-Mid Multifactor ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
2% more capital invested
Capital invested by funds: $65.1M → $66.4M (+$1.24M)
1.71% less ownership
Funds ownership: 57.27% → 55.55% (-1.7%)
3% less funds holding
Funds holding: 30 → 29 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.74M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.4M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$871K |
| 4 |
SIS
Strategic Investment Solutions
Orland Park,
Illinois
|
+$582K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.28M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$848K |
| 3 |
Goldman Sachs
New York
|
-$507K |
| 4 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
-$375K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $2.65K | – | – | – |
|
|
GJIA
27
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| $1.77K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $678 | -$41.8K | -1,244 | -98% |
|
|
SS
29
Sunbelt Securities
Houston,
Texas
| $452 | – | – | – |
|
30
Wells Fargo
San Francisco,
California
| $27 | – | – | – |
|
|
31
Stifel Financial
St. Louis,
Missouri
| – | -$848K | -25,353 | Closed |
|
|
MCA
32
Magnolia Capital Advisors
Jackson,
Mississippi
| – | -$375K | -11,224 | Closed |
|
|
TWM
33
Tradition Wealth Management
Edina,
Minnesota
| – | -$50K | -1,496 | Closed |
|
FSMD Hedge Fund Activity: Q3 2023 in Review
29 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fidelity Small-Mid Multifactor ETF (FSMD) for Q3 2023, worth a combined $66.4M — up 1.9% from $65.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FSMD and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 12 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $2.74M. The largest seller was IFP Advisors, cutting an estimated $1.28M.
- 29 institutional investors held Fidelity Small-Mid Multifactor ETF (FSMD) as of Q3 2023, down from 30 in Q2 2023.
- Funds reported $66.4M of Fidelity Small-Mid Multifactor ETF stock for Q3 2023, up 1.9% quarter-over-quarter.
- 2 funds opened new Fidelity Small-Mid Multifactor ETF positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Fidelity Small-Mid Multifactor ETF buyer in Q3 2023 was Commonwealth Equity Services, an estimated $2.74M added.
- The largest Fidelity Small-Mid Multifactor ETF seller in Q3 2023 was IFP Advisors, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2023.