Fidelity MSCI Utilities Index ETF
FUTY
120 hedge funds and large institutions have $239M invested in Fidelity MSCI Utilities Index ETF in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 49 increasing their positions, 32 reducing their positions, and 13 closing their positions.
131% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 13
53% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 32
13% more funds holding
Funds holding: 106 → 120 (+14)
2.05% less ownership
Funds ownership: 28.19% → 26.14% (-2%)
5% less capital invested
Capital invested by funds: $252M → $239M (-$12.7M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
+$2.07M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.95M |
| 3 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$1.82M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.65M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$7.38M |
| 2 |
KCM
Karp Capital Management
Sausalito,
California
|
-$4.38M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$4.3M |
| 4 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$4.25M |
| 5 |
SCI
Stableford Capital II
Scottsdale,
Arizona
|
-$3.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
126
Global Retirement Partners
San Rafael,
California
| – | -$289K | -6,800 | Closed |
|
|
SWM
127
Selective Wealth Management
Forest,
Virginia
| – | -$271K | -6,379 | Closed |
|
|
CS
128
Credit Suisse
Zurich,
Switzerland
| – | -$245K | -5,760 | Closed |
|
|
FAAS
129
First Allied Advisory Services
San Diego,
California
| – | -$64K | -1,526 | Closed |
|
|
KWA
130
KCS Wealth Advisory
Los Angeles,
California
| – | -$32.1K | -755 | Closed |
|
|
LWCFA
131
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$8K | -199 | Closed |
|
132
JP Morgan Chase
New York
| – | -$1K | -33 | Closed |
|
|
TPWA
133
TRUE Private Wealth Advisors
Salem,
Oregon
| – | +$375 | +9 | New |
|
FUTY Hedge Fund Activity: Q4 2019 in Review
120 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q4 2019, worth a combined $239M — down 5% from $252M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FUTY positions and 13 closed out — a net gain of 17 holders — while 49 added to existing stakes and 32 trimmed.
The largest buyer was Niemann Capital Management, opening a new position worth an estimated $2.07M. The largest seller was RWA Wealth Partners, exiting entirely with an estimated $7.38M sold.
- 120 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q4 2019, up from 106 in Q3 2019.
- Funds reported $239M of Fidelity MSCI Utilities Index ETF stock for Q4 2019, down 5% quarter-over-quarter.
- 30 funds opened new Fidelity MSCI Utilities Index ETF positions in Q4 2019 and 13 closed out, a net change of +17 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q4 2019 was Niemann Capital Management, an estimated $2.07M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q4 2019 was RWA Wealth Partners, an estimated $7.38M sold.
Based on aggregated 13F filings for Q4 2019.