Fidelity Small-Mid Multifactor ETF
FSMD
65 hedge funds and large institutions have $298M invested in Fidelity Small-Mid Multifactor ETF in 2024 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 9 reducing their positions, and 8 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 9
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
40% more capital invested
Capital invested by funds: $213M → $298M (+$85.4M)
20% more funds holding
Funds holding: 54 → 65 (+11)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.41% less ownership
Funds ownership: 62.9% → 60.5% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
+$18.6M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$11.8M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$11.3M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$8.68M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$7.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$8.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.55M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.35M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$641K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$560K |
FSMD Hedge Fund Activity: Q3 2024 in Review
65 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Fidelity Small-Mid Multifactor ETF (FSMD) for Q3 2024, worth a combined $298M — up 40% from $213M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FSMD positions and 8 closed out — a net gain of 11 holders — while 27 added to existing stakes and 9 trimmed.
The largest buyer was Parcion Private Wealth, opening a new position worth an estimated $18.6M. The largest seller was Kestra Advisory Services, cutting an estimated $8.3M.
- 65 institutional investors held Fidelity Small-Mid Multifactor ETF (FSMD) as of Q3 2024, up from 54 in Q2 2024.
- Funds reported $298M of Fidelity Small-Mid Multifactor ETF stock for Q3 2024, up 40% quarter-over-quarter.
- 19 funds opened new Fidelity Small-Mid Multifactor ETF positions in Q3 2024 and 8 closed out, a net change of +11 holders.
- The largest Fidelity Small-Mid Multifactor ETF buyer in Q3 2024 was Parcion Private Wealth, an estimated $18.6M added.
- The largest Fidelity Small-Mid Multifactor ETF seller in Q3 2024 was Kestra Advisory Services, an estimated $8.3M sold.
Based on aggregated 13F filings for Q3 2024.