Fidelity Small-Mid Multifactor ETF
FSMD
13 hedge funds and large institutions have $14.6M invested in Fidelity Small-Mid Multifactor ETF in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
7% less funds holding
Funds holding: 14 → 13 (-1)
12% less ownership
Funds ownership: 39.32% → 27.32% (-12%)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
42% less capital invested
Capital invested by funds: $25.3M → $14.6M (-$10.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.82M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$179K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$71.7K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
+$9.5K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$6.31K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$11.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.01M |
| 3 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
-$699K |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$229K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$117K |
FSMD Hedge Fund Activity: Q3 2021 in Review
13 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Fidelity Small-Mid Multifactor ETF (FSMD) for Q3 2021, worth a combined $14.6M — down 42% from $25.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FSMD and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 5 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $2.82M. The largest seller was Citigroup, cutting an estimated $11.5M.
- 13 institutional investors held Fidelity Small-Mid Multifactor ETF (FSMD) as of Q3 2021, down from 14 in Q2 2021.
- Funds reported $14.6M of Fidelity Small-Mid Multifactor ETF stock for Q3 2021, down 42% quarter-over-quarter.
- 2 funds opened new Fidelity Small-Mid Multifactor ETF positions in Q3 2021 and 3 closed out, a net change of -1 holder.
- The largest Fidelity Small-Mid Multifactor ETF buyer in Q3 2021 was Commonwealth Equity Services, an estimated $2.82M added.
- The largest Fidelity Small-Mid Multifactor ETF seller in Q3 2021 was Citigroup, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2021.