Fidelity MSCI Information Technology Index ETF
FTEC
48 hedge funds and large institutions have $96.1M invested in Fidelity MSCI Information Technology Index ETF in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 8 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 49 → 48 (-1)
4.22% less ownership
Funds ownership: 28.83% → 24.61% (-4.2%)
12% less capital invested
Capital invested by funds: $109M → $96.1M (-$13.1M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.5M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.57M |
| 3 |
Goldman Sachs
New York
|
+$1.54M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$807K |
| 5 |
HFA
High Falls Advisors
Rochester,
New York
|
+$685K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.46M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$3.58M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.87M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$936K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$888K |
FTEC Hedge Fund Activity: Q2 2016 in Review
48 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Information Technology Index ETF (FTEC) for Q2 2016, worth a combined $96.1M — down 12% from $109M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FTEC and 7 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 22 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.5M. The largest seller was Envestnet Asset Management, cutting an estimated $9.46M.
- 48 institutional investors held Fidelity MSCI Information Technology Index ETF (FTEC) as of Q2 2016, down from 49 in Q1 2016.
- Funds reported $96.1M of Fidelity MSCI Information Technology Index ETF stock for Q2 2016, down 12% quarter-over-quarter.
- 7 funds opened new Fidelity MSCI Information Technology Index ETF positions in Q2 2016 and 8 closed out, a net change of -1 holder.
- The largest Fidelity MSCI Information Technology Index ETF buyer in Q2 2016 was Susquehanna International Group, an estimated $2.5M added.
- The largest Fidelity MSCI Information Technology Index ETF seller in Q2 2016 was Envestnet Asset Management, an estimated $9.46M sold.
Based on aggregated 13F filings for Q2 2016.