Fidelity MSCI Utilities Index ETF
FUTY
40 hedge funds and large institutions have $76.2M invested in Fidelity MSCI Utilities Index ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 9 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
4.6% less ownership
Funds ownership: 36.58% → 31.98% (-4.6%)
5% less funds holding
Funds holding: 42 → 40 (-2)
15% less capital invested
Capital invested by funds: $89.8M → $76.2M (-$13.6M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$2.87M |
| 2 |
VF
Virtu Financial
New York
|
+$1.75M |
| 3 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$1.29M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$990K |
| 5 |
Jane Street
New York
|
+$858K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.37M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$2.97M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$2.84M |
| 4 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$2.63M |
| 5 |
Goldman Sachs
New York
|
-$1.7M |
FUTY Hedge Fund Activity: Q3 2016 in Review
40 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q3 2016, worth a combined $76.2M — down 15% from $89.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FUTY and 7 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 15 added.
The largest buyer was IFP Advisors, adding an estimated $2.87M. The largest seller was Envestnet Asset Management, cutting an estimated $4.37M.
- 40 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q3 2016, down from 42 in Q2 2016.
- Funds reported $76.2M of Fidelity MSCI Utilities Index ETF stock for Q3 2016, down 15% quarter-over-quarter.
- 7 funds opened new Fidelity MSCI Utilities Index ETF positions in Q3 2016 and 9 closed out, a net change of -2 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q3 2016 was IFP Advisors, an estimated $2.87M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q3 2016 was Envestnet Asset Management, an estimated $4.37M sold.
Based on aggregated 13F filings for Q3 2016.