Fidelity MSCI Utilities Index ETF
FUTY
119 hedge funds and large institutions have $201M invested in Fidelity MSCI Utilities Index ETF in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 48 reducing their positions, and 23 closing their positions.
15% more capital invested
Capital invested by funds: $175M → $201M (+$26.2M)
2.18% more ownership
Funds ownership: 22.19% → 24.36% (+2.2%)
4% less funds holding
Funds holding: 124 → 119 (-5)
17% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 48
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$20.2M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$9.33M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.33M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.02M |
| 5 |
SMG
Spectrum Management Group
Indianapolis,
Indiana
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$4.31M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$3.57M |
| 3 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
-$3.3M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$1.95M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.9M |
FUTY Hedge Fund Activity: Q2 2020 in Review
119 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q2 2020, worth a combined $201M — up 15% from $175M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of FUTY and 18 opened new positions — a net loss of 5 holders — while 48 trimmed existing stakes and 40 added.
The largest buyer was FormulaFolio Investments, adding an estimated $20.2M. The largest seller was Mutual Advisors, cutting an estimated $4.31M.
- 119 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q2 2020, down from 124 in Q1 2020.
- Funds reported $201M of Fidelity MSCI Utilities Index ETF stock for Q2 2020, up 15% quarter-over-quarter.
- 18 funds opened new Fidelity MSCI Utilities Index ETF positions in Q2 2020 and 23 closed out, a net change of -5 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q2 2020 was FormulaFolio Investments, an estimated $20.2M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q2 2020 was Mutual Advisors, an estimated $4.31M sold.
Based on aggregated 13F filings for Q2 2020.