Fidelity MSCI Utilities Index ETF
FUTY
180 hedge funds and large institutions have $458M invested in Fidelity MSCI Utilities Index ETF in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 70 increasing their positions, 63 reducing their positions, and 21 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 63
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
2% less funds holding
Funds holding: 183 → 180 (-3)
11.59% less ownership
Funds ownership: 51.52% → 39.93% (-12%)
34% less capital invested
Capital invested by funds: $694M → $458M (-$236M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$4.43M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$3.42M |
| 3 |
Goldman Sachs
New York
|
+$3.27M |
| 4 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
+$2.93M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$202M |
| 2 |
RA
Rational Advisors
Huntington,
New York
|
-$21.8M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$17.2M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$8.15M |
| 5 |
Morgan Stanley
New York
|
-$6.7M |
FUTY Hedge Fund Activity: Q1 2024 in Review
180 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q1 2024, worth a combined $458M — down 34% from $694M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FUTY and 19 opened new positions — a net loss of 2 holders — while 63 trimmed existing stakes and 70 added.
The largest buyer was Lido Advisors, adding an estimated $4.43M. The largest seller was Bank of America, cutting an estimated $202M.
- 180 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q1 2024, down from 183 in Q4 2023.
- Funds reported $458M of Fidelity MSCI Utilities Index ETF stock for Q1 2024, down 34% quarter-over-quarter.
- 19 funds opened new Fidelity MSCI Utilities Index ETF positions in Q1 2024 and 21 closed out, a net change of -2 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q1 2024 was Lido Advisors, an estimated $4.43M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q1 2024 was Bank of America, an estimated $202M sold.
Based on aggregated 13F filings for Q1 2024.