Fidelity MSCI Information Technology Index ETF
FTEC
49 hedge funds and large institutions have $109M invested in Fidelity MSCI Information Technology Index ETF in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 51 → 49 (-2)
8.39% less ownership
Funds ownership: 37.22% → 28.83% (-8.4%)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
34% less capital invested
Capital invested by funds: $166M → $109M (-$56.4M)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
51
Brookstone Capital Management
Wheaton,
Illinois
| – | -$814K | -24,772 | Closed |
|
|
FI
52
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$702K | -21,384 | Closed |
|
|
BCM
53
Beck Capital Management
Austin,
Texas
| – | -$307K | -9,353 | Closed |
|
54
Fidelity Investments
Boston,
Massachusetts
| – | -$274K | -8,344 | Closed |
|
|
WWM
55
Willingdon Wealth Management
Huntersville,
North Carolina
| – | -$268K | -8,170 | Closed |
|
|
AFP
56
Ausdal Financial Partners
Davenport,
Iowa
| – | -$24K | -722 | Closed |
|
|
DADC
57
D.A. Davidson & Co
Great Falls,
Montana
| – | -$6K | -201 | Closed |
|
FTEC Hedge Fund Activity: Q1 2016 in Review
49 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Information Technology Index ETF (FTEC) for Q1 2016, worth a combined $109M — down 34% from $166M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FTEC and 7 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 15 added.
The largest buyer was King Wealth Management Group, opening a new position worth an estimated $1.56M. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $16.2M.
- 49 institutional investors held Fidelity MSCI Information Technology Index ETF (FTEC) as of Q1 2016, down from 51 in Q4 2015.
- Funds reported $109M of Fidelity MSCI Information Technology Index ETF stock for Q1 2016, down 34% quarter-over-quarter.
- 7 funds opened new Fidelity MSCI Information Technology Index ETF positions in Q1 2016 and 9 closed out, a net change of -2 holders.
- The largest Fidelity MSCI Information Technology Index ETF buyer in Q1 2016 was King Wealth Management Group, an estimated $1.56M added.
- The largest Fidelity MSCI Information Technology Index ETF seller in Q1 2016 was Ladenburg Thalmann Financial Services, an estimated $16.2M sold.
Based on aggregated 13F filings for Q1 2016.