Fidelity MSCI Utilities Index ETF
FUTY
171 hedge funds and large institutions have $971M invested in Fidelity MSCI Utilities Index ETF in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 60 increasing their positions, 63 reducing their positions, and 25 closing their positions.
0.7% less ownership
Funds ownership: 61.1% → 60.4% (-0.7%)
5% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 63
3% less funds holding
Funds holding: 176 → 171 (-5)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21% less capital invested
Capital invested by funds: $1.23B → $971M (-$255M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$42.4M |
| 2 |
Morgan Stanley
New York
|
+$6.53M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.78M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$3.99M |
| 5 |
Jane Street
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$167M |
| 2 |
RA
Rational Advisors
Huntington,
New York
|
-$13.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$5.17M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$4.8M |
| 5 |
SSW
Smith Shellnut Wilson
Ridgeland,
Mississippi
|
-$3.88M |
FUTY Hedge Fund Activity: Q3 2023 in Review
171 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q3 2023, worth a combined $971M — down 21% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FUTY and 22 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 60 added.
The largest buyer was Traphagen Investment Advisors, opening a new position worth an estimated $42.4M. The largest seller was Bank of America, cutting an estimated $167M.
- 171 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q3 2023, down from 176 in Q2 2023.
- Funds reported $971M of Fidelity MSCI Utilities Index ETF stock for Q3 2023, down 21% quarter-over-quarter.
- 22 funds opened new Fidelity MSCI Utilities Index ETF positions in Q3 2023 and 25 closed out, a net change of -3 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q3 2023 was Traphagen Investment Advisors, an estimated $42.4M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q3 2023 was Bank of America, an estimated $167M sold.
Based on aggregated 13F filings for Q3 2023.