Fidelity MSCI Information Technology Index ETF
FTEC
259 hedge funds and large institutions have $1.11B invested in Fidelity MSCI Information Technology Index ETF in 2020 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 94 increasing their positions, 83 reducing their positions, and 21 closing their positions.
110% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 21
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
14% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $942K
13% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 83
9% more capital invested
Capital invested by funds: $1.02B → $1.11B (+$95.6M)
8% more funds holding
Funds holding: 240 → 259 (+19)
0.75% less ownership
Funds ownership: 24.92% → 24.17% (-0.75%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$12.7M |
| 2 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$9.36M |
| 3 |
LJAC
L.J. Altfest & Co
New York
|
+$7.18M |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$7.11M |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$6.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$68M |
| 2 |
ST
Spinnaker Trust
Portland,
Maine
|
-$11M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.91M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.34M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$4.07M |
FTEC Hedge Fund Activity: Q3 2020 in Review
259 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Information Technology Index ETF (FTEC) for Q3 2020, worth a combined $1.11B — up 9.4% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new FTEC positions and 21 closed out — a net gain of 23 holders — while 94 added to existing stakes and 83 trimmed.
The largest buyer was Freedom Investment Management, adding an estimated $12.7M. The largest seller was Charles Schwab, cutting an estimated $68M.
- 259 institutional investors held Fidelity MSCI Information Technology Index ETF (FTEC) as of Q3 2020, up from 240 in Q2 2020.
- Funds reported $1.11B of Fidelity MSCI Information Technology Index ETF stock for Q3 2020, up 9.4% quarter-over-quarter.
- 44 funds opened new Fidelity MSCI Information Technology Index ETF positions in Q3 2020 and 21 closed out, a net change of +23 holders.
- The largest Fidelity MSCI Information Technology Index ETF buyer in Q3 2020 was Freedom Investment Management, an estimated $12.7M added.
- The largest Fidelity MSCI Information Technology Index ETF seller in Q3 2020 was Charles Schwab, an estimated $68M sold.
Based on aggregated 13F filings for Q3 2020.