Fidelity MSCI Information Technology Index ETF
FTEC
16 hedge funds and large institutions have $63.7M invested in Fidelity MSCI Information Technology Index ETF in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
205% more capital invested
Capital invested by funds: $20.9M → $63.7M (+$42.8M)
129% more funds holding
Funds holding: 7 → 16 (+9)
13.17% more ownership
Funds ownership: 24.79% → 37.96% (+13%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$25.8M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$15.5M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.51M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.15M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$16.9M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$641K |
| 3 |
JG
Jefferies Group
New York
|
-$121K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$43.2K |
| 5 |
AIG
American International Group
New York
|
-$2.77K |
FTEC Hedge Fund Activity: Q2 2014 in Review
16 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Information Technology Index ETF (FTEC) for Q2 2014, worth a combined $63.7M — up 205% from $20.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FTEC positions and 3 closed out — a net gain of 9 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Beaumont Financial Advisors, opening a new position worth an estimated $25.8M. The largest seller was Goldman Sachs, exiting entirely with an estimated $16.9M sold.
- 16 institutional investors held Fidelity MSCI Information Technology Index ETF (FTEC) as of Q2 2014, up from 7 in Q1 2014.
- Funds reported $63.7M of Fidelity MSCI Information Technology Index ETF stock for Q2 2014, up 205% quarter-over-quarter.
- 12 funds opened new Fidelity MSCI Information Technology Index ETF positions in Q2 2014 and 3 closed out, a net change of +9 holders.
- The largest Fidelity MSCI Information Technology Index ETF buyer in Q2 2014 was Beaumont Financial Advisors, an estimated $25.8M added.
- The largest Fidelity MSCI Information Technology Index ETF seller in Q2 2014 was Goldman Sachs, an estimated $16.9M sold.
Based on aggregated 13F filings for Q2 2014.