Fidelity MSCI Utilities Index ETF
FUTY
87 hedge funds and large institutions have $210M invested in Fidelity MSCI Utilities Index ETF in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
10% more funds holding
Funds holding: 79 → 87 (+8)
10% less capital invested
Capital invested by funds: $233M → $210M (-$23M)
13.97% less ownership
Funds ownership: 46.96% → 32.99% (-14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
+$13.2M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$13.1M |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$12.8M |
| 4 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$10.5M |
| 5 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$9.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$49.5M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$43.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$8.63M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$4.05M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.85M |
FUTY Hedge Fund Activity: Q1 2019 in Review
87 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q1 2019, worth a combined $210M — down 9.9% from $233M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FUTY positions and 11 closed out — a net gain of 9 holders — while 33 added to existing stakes and 26 trimmed.
The largest buyer was Morningstar Investment Services, opening a new position worth an estimated $13.2M. The largest seller was Envestnet Asset Management, cutting an estimated $49.5M.
- 87 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q1 2019, up from 79 in Q4 2018.
- Funds reported $210M of Fidelity MSCI Utilities Index ETF stock for Q1 2019, down 9.9% quarter-over-quarter.
- 20 funds opened new Fidelity MSCI Utilities Index ETF positions in Q1 2019 and 11 closed out, a net change of +9 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q1 2019 was Morningstar Investment Services, an estimated $13.2M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q1 2019 was Envestnet Asset Management, an estimated $49.5M sold.
Based on aggregated 13F filings for Q1 2019.