Fidelity MSCI Utilities Index ETF
FUTY
124 hedge funds and large institutions have $175M invested in Fidelity MSCI Utilities Index ETF in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 43 reducing their positions, and 17 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
3% more funds holding
Funds holding: 120 → 124 (+4)
7% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 43
3.95% less ownership
Funds ownership: 26.14% → 22.19% (-4%)
27% less capital invested
Capital invested by funds: $239M → $175M (-$64.4M)
Top Buyers
Top Sellers
FUTY Hedge Fund Activity: Q1 2020 in Review
124 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q1 2020, worth a combined $175M — down 27% from $239M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FUTY positions and 17 closed out — a net gain of 8 holders — while 40 added to existing stakes and 43 trimmed.
The largest buyer was Traphagen Investment Advisors, opening a new position worth an estimated $11.2M. The largest seller was Beaumont Financial Advisors, cutting an estimated $16.9M.
- 124 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q1 2020, up from 120 in Q4 2019.
- Funds reported $175M of Fidelity MSCI Utilities Index ETF stock for Q1 2020, down 27% quarter-over-quarter.
- 25 funds opened new Fidelity MSCI Utilities Index ETF positions in Q1 2020 and 17 closed out, a net change of +8 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q1 2020 was Traphagen Investment Advisors, an estimated $11.2M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q1 2020 was Beaumont Financial Advisors, an estimated $16.9M sold.
Based on aggregated 13F filings for Q1 2020.