Fidelity MSCI Utilities Index ETF
FUTY
172 hedge funds and large institutions have $1.14B invested in Fidelity MSCI Utilities Index ETF in 2022 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 71 increasing their positions, 42 reducing their positions, and 25 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 42
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
29% more capital invested
Capital invested by funds: $880M → $1.14B (+$258M)
7.71% more ownership
Funds ownership: 49.64% → 57.35% (+7.7%)
0% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 25
1% less funds holding
Funds holding: 173 → 172 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$300M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$15.2M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$13.9M |
| 4 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$10.4M |
| 5 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
Fragasso Financial Advisors
Sewickley,
Pennsylvania
|
-$18.2M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$3.21M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.57M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$2.36M |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.98M |
FUTY Hedge Fund Activity: Q3 2022 in Review
172 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q3 2022, worth a combined $1.14B — up 29% from $880M a quarter earlier.
Fund positioning in FUTY was balanced in Q3 2022: 25 funds opened new positions, 25 closed out, 71 added to existing stakes and 42 trimmed.
The largest buyer was Bank of America, adding an estimated $300M. The largest seller was Fragasso Financial Advisors, cutting an estimated $18.2M.
- 172 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q3 2022, down from 173 in Q2 2022.
- Funds reported $1.14B of Fidelity MSCI Utilities Index ETF stock for Q3 2022, up 29% quarter-over-quarter.
- 25 funds opened new Fidelity MSCI Utilities Index ETF positions in Q3 2022 and 25 closed out, a net change of 0 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q3 2022 was Bank of America, an estimated $300M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q3 2022 was Fragasso Financial Advisors, an estimated $18.2M sold.
Based on aggregated 13F filings for Q3 2022.