Fidelity MSCI Utilities Index ETF
FUTY
122 hedge funds and large institutions have $250M invested in Fidelity MSCI Utilities Index ETF in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
24% more capital invested
Capital invested by funds: $201M → $250M (+$49.2M)
21% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 39
5.34% more ownership
Funds ownership: 24.36% → 29.71% (+5.3%)
3% more funds holding
Funds holding: 119 → 122 (+3)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$37.6M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$10.6M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$5.69M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.46M |
| 5 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$8.83M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.45M |
| 3 |
SSW
Smith Shellnut Wilson
Ridgeland,
Mississippi
|
-$2.62M |
| 4 |
SMG
Spectrum Management Group
Indianapolis,
Indiana
|
-$1.58M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.46M |
FUTY Hedge Fund Activity: Q3 2020 in Review
122 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q3 2020, worth a combined $250M — up 24% from $201M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FUTY positions and 13 closed out — a net gain of 4 holders — while 47 added to existing stakes and 39 trimmed.
The largest buyer was Charles Schwab, opening a new position worth an estimated $37.6M. The largest seller was Beaumont Financial Advisors, cutting an estimated $8.83M.
- 122 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q3 2020, up from 119 in Q2 2020.
- Funds reported $250M of Fidelity MSCI Utilities Index ETF stock for Q3 2020, up 24% quarter-over-quarter.
- 17 funds opened new Fidelity MSCI Utilities Index ETF positions in Q3 2020 and 13 closed out, a net change of +4 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q3 2020 was Charles Schwab, an estimated $37.6M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q3 2020 was Beaumont Financial Advisors, an estimated $8.83M sold.
Based on aggregated 13F filings for Q3 2020.