Fidelity Small-Mid Multifactor ETF
FSMD
29 hedge funds and large institutions have $79.9M invested in Fidelity Small-Mid Multifactor ETF in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 6 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
75% more capital inflows, than outflows
Capital inflows: $11.7M | Capital outflows: $6.67M
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.45% less ownership
Funds ownership: 55.55% → 55.1% (-0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.92M |
| 2 |
Kestra Advisory Services
Austin,
Texas
|
+$997K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$553K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$479K |
| 5 |
Great Valley Advisor Group
Wilmington,
Delaware
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.45M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.91M |
| 3 |
Goldman Sachs
New York
|
-$1.16M |
| 4 |
SIS
Strategic Investment Solutions
Orland Park,
Illinois
|
-$576K |
| 5 |
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$371K |
FSMD Hedge Fund Activity: Q4 2023 in Review
29 of the 6,875 institutional investors tracked by Wall St. Rank reported a position in Fidelity Small-Mid Multifactor ETF (FSMD) for Q4 2023, worth a combined $79.9M — up 20% from $66.4M a quarter earlier.
Fund positioning in FSMD was balanced in Q4 2023: 6 funds opened new positions, 6 closed out, 13 added to existing stakes and 6 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $3.92M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.45M sold.
- 29 institutional investors held Fidelity Small-Mid Multifactor ETF (FSMD) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $79.9M of Fidelity Small-Mid Multifactor ETF stock for Q4 2023, up 20% quarter-over-quarter.
- 6 funds opened new Fidelity Small-Mid Multifactor ETF positions in Q4 2023 and 6 closed out, a net change of 0 holders.
- The largest Fidelity Small-Mid Multifactor ETF buyer in Q4 2023 was Commonwealth Equity Services, an estimated $3.92M added.
- The largest Fidelity Small-Mid Multifactor ETF seller in Q4 2023 was Citadel Advisors, an estimated $2.45M sold.
Based on aggregated 13F filings for Q4 2023.