Fidelity MSCI Utilities Index ETF
FUTY
176 hedge funds and large institutions have $1.23B invested in Fidelity MSCI Utilities Index ETF in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 60 increasing their positions, 62 reducing their positions, and 15 closing their positions.
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
5% more funds holding
Funds holding: 167 → 176 (+9)
3% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 62
1.16% less ownership
Funds ownership: 62.26% → 61.1% (-1.2%)
6% less capital invested
Capital invested by funds: $1.31B → $1.23B (-$80.9M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.46M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$3.83M |
| 3 |
SCI
Stableford Capital II
Scottsdale,
Arizona
|
+$2.9M |
| 4 |
Two Sigma Investments
New York
|
+$2.6M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$47.5M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$8.54M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.95M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.19M |
| 5 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
-$4.83M |
FUTY Hedge Fund Activity: Q2 2023 in Review
176 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q2 2023, worth a combined $1.23B — down 6.2% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FUTY positions and 15 closed out — a net gain of 11 holders — while 60 added to existing stakes and 62 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.46M. The largest seller was Bank of America, cutting an estimated $47.5M.
- 176 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q2 2023, up from 167 in Q1 2023.
- Funds reported $1.23B of Fidelity MSCI Utilities Index ETF stock for Q2 2023, down 6.2% quarter-over-quarter.
- 26 funds opened new Fidelity MSCI Utilities Index ETF positions in Q2 2023 and 15 closed out, a net change of +11 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q2 2023 was Wells Fargo, an estimated $5.46M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q2 2023 was Bank of America, an estimated $47.5M sold.
Based on aggregated 13F filings for Q2 2023.