Fidelity MSCI Information Technology Index ETF
FTEC
162 hedge funds and large institutions have $626M invested in Fidelity MSCI Information Technology Index ETF in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 68 increasing their positions, 44 reducing their positions, and 16 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 44
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
12% more capital invested
Capital invested by funds: $561M → $626M (+$65.3M)
2% more funds holding
Funds holding: 159 → 162 (+3)
0.73% more ownership
Funds ownership: 25.04% → 25.77% (+0.73%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$14.5M |
| 2 |
SW
SVB Wealth
Boston,
Massachusetts
|
+$10.5M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$8.29M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.76M |
| 5 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
+$4.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$12.1M |
| 2 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
-$4.21M |
| 3 |
Jane Street
New York
|
-$4.16M |
| 4 |
SHIM
Stone House Investment Management
Tunkhannock,
Pennsylvania
|
-$3.3M |
| 5 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$1.21M |
FTEC Hedge Fund Activity: Q2 2019 in Review
162 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Information Technology Index ETF (FTEC) for Q2 2019, worth a combined $626M — up 12% from $561M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FTEC positions and 16 closed out — a net gain of 5 holders — while 68 added to existing stakes and 44 trimmed.
The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $14.5M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $12.1M.
- 162 institutional investors held Fidelity MSCI Information Technology Index ETF (FTEC) as of Q2 2019, up from 159 in Q1 2019.
- Funds reported $626M of Fidelity MSCI Information Technology Index ETF stock for Q2 2019, up 12% quarter-over-quarter.
- 21 funds opened new Fidelity MSCI Information Technology Index ETF positions in Q2 2019 and 16 closed out, a net change of +5 holders.
- The largest Fidelity MSCI Information Technology Index ETF buyer in Q2 2019 was FormulaFolio Investments, an estimated $14.5M added.
- The largest Fidelity MSCI Information Technology Index ETF seller in Q2 2019 was Charles Schwab Investment Advisory, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2019.