Fidelity MSCI Utilities Index ETF
FUTY
43 hedge funds and large institutions have $85.1M invested in Fidelity MSCI Utilities Index ETF in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 8 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.41% less ownership
Funds ownership: 35.55% → 28.15% (-7.4%)
10% less funds holding
Funds holding: 48 → 43 (-5)
21% less capital invested
Capital invested by funds: $108M → $85.1M (-$22.9M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$3.48M |
| 2 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$1.72M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$876K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$544K |
| 5 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$26.7M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$3.01M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$1.34M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$993K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$591K |
FUTY Hedge Fund Activity: Q3 2017 in Review
43 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q3 2017, worth a combined $85.1M — down 21% from $108M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FUTY and 5 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 21 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $3.48M. The largest seller was FormulaFolio Investments, cutting an estimated $26.7M.
- 43 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q3 2017, down from 48 in Q2 2017.
- Funds reported $85.1M of Fidelity MSCI Utilities Index ETF stock for Q3 2017, down 21% quarter-over-quarter.
- 5 funds opened new Fidelity MSCI Utilities Index ETF positions in Q3 2017 and 8 closed out, a net change of -3 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q3 2017 was Ladenburg Thalmann Financial Services, an estimated $3.48M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q3 2017 was FormulaFolio Investments, an estimated $26.7M sold.
Based on aggregated 13F filings for Q3 2017.