We are live on ! Find out more
FSMD icon

Fidelity Small-Mid Multifactor ETF
FSMD

187 hedge funds and large institutions have $2.28B invested in Fidelity Small-Mid Multifactor ETF in 2026 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 88 increasing their positions, 49 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 11

80% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 49

20% more capital invested

Capital invested by funds: $1.9B → $2.28B (+$376M)

9% more funds holding

Funds holding: 171 → 187 (+16)

0% more funds holding in top 10

Funds holding in top 10: 8 → 8 (0)

1.55% less ownership

Funds ownership: 89.66% → 88.11% (-1.5%)

Holders
187
Holders Change
+16
Holders Change %
+9.36%
% of All Funds
2.26%
Holding in Top 10
8
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.1%
New
31
Increased
88
Reduced
49
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RPGK
Retirement Planning Group (Kansas)
Kansas
+$19.8M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$12.9M
3
KIM
Kestra Investment Management
Texas
+$10.4M
4
AP
Appleton Partners
Massachusetts
+$8.21M
5
LPL Financial
LPL Financial
California
+$7.35M

Top Sellers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
-$37.3M
2
Stifel Financial
Stifel Financial
Missouri
-$8.86M
3
IAA
Independent Advisor Alliance
North Carolina
-$5.53M
4
Two Sigma Investments
Two Sigma Investments
New York
-$4.35M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$3.97M
Name Holding Trade Value Shares
Change 		Change in
Stake
MCC
51
Money Concepts Capital
Florida
$2.08M +$368K +7,447 +23%
KCIC
52
Kuhn & Co Investment Counsel
Illinois
$2.06M – – –
Rockefeller Capital Management
53
Rockefeller Capital Management
New York
$2.02M +$53.3K +1,078 +3%
GIA
54
Gladstone Institutional Advisory
Florida
$1.97M +$1.84M +37,294 New
SB
55
Strategic Blueprint
Georgia
$1.91M +$128K +2,580 +8%
IA
56
IFP Advisors
Florida
$1.83M +$56.7K +1,147 +3%
GVAG
57
Great Valley Advisor Group
Delaware
$1.81M +$26.5K +535 +2%
EH
58
Equitable Holdings
New York
$1.77M +$190K +3,852 +13%
VWA
59
Visionary Wealth Advisors
Illinois
$1.74M +$284K +5,743 +21%
RWM
60
Riverbend Wealth Management
South Carolina
$1.65M +$77.9K +1,575 +5%
MWM
61
Mascagni Wealth Management
Mississippi
$1.65M +$164K +3,310 +12%
IFG
62
Independent Financial Group
California
$1.6M -$30.2K -610 -2%
GFPC
63
Global Financial Private Client
Florida
$1.55M +$12.8K +259 +0.9%
HCM
64
Hicks Capital Management
Ohio
$1.55M -$52.8K -1,068 -4%
Goldman Sachs
65
Goldman Sachs
New York
$1.46M -$1.73M -34,980 -56%
SWM
66
SHP Wealth Management
Massachusetts
$1.43M +$103K +2,084 +8%
CIA
67
Concurrent Investment Advisors
Florida
$1.39M +$46.6K +943 +4%
PAG
68
Private Advisor Group
New Jersey
$1.33M +$472K +9,538 +61%
NWM
69
Nova Wealth Management
Florida
$1.32M -$210K -4,246 -15%
BIS
70
BG Investment Services
Guam
$1.3M +$155K +3,126 +15%
JP Morgan Chase
71
JP Morgan Chase
New York
$1.26M +$25.7K +520 +2%
RF
72
Roxbury Financial
New Jersey
$1.26M +$68.5K +1,386 +6%
MFG
73
Merit Financial Group
Georgia
$1.18M +$146K +2,946 +15%
Creative Planning
74
Creative Planning
Kansas
$1.16M +$325K +6,567 +43%
SWM
75
Spire Wealth Management
Virginia
$1.05M -$231K -4,675 -19%
1 2
3
4 5

FSMD Hedge Fund Activity: Q2 2026 in Review

187 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Fidelity Small-Mid Multifactor ETF (FSMD) for Q2 2026, worth a combined $2.28B — up 20% from $1.9B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new FSMD positions and 11 closed out — a net gain of 20 holders — while 88 added to existing stakes and 49 trimmed.

The largest buyer was Retirement Planning Group (Kansas), adding an estimated $19.8M. The largest seller was Fidelity Investments, cutting an estimated $37.3M.

  • 187 institutional investors held Fidelity Small-Mid Multifactor ETF (FSMD) as of Q2 2026, up from 171 in Q1 2026.
  • Funds reported $2.28B of Fidelity Small-Mid Multifactor ETF stock for Q2 2026, up 20% quarter-over-quarter.
  • 31 funds opened new Fidelity Small-Mid Multifactor ETF positions in Q2 2026 and 11 closed out, a net change of +20 holders.
  • The largest Fidelity Small-Mid Multifactor ETF buyer in Q2 2026 was Retirement Planning Group (Kansas), an estimated $19.8M added.
  • The largest Fidelity Small-Mid Multifactor ETF seller in Q2 2026 was Fidelity Investments, an estimated $37.3M sold.

Based on aggregated 13F filings for Q2 2026.