Fidelity MSCI Utilities Index ETF
FUTY
183 hedge funds and large institutions have $694M invested in Fidelity MSCI Utilities Index ETF in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 47 increasing their positions, 77 reducing their positions, and 20 closing their positions.
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
7% more funds holding
Funds holding: 171 → 183 (+12)
8.88% less ownership
Funds ownership: 60.4% → 51.52% (-8.9%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less capital invested
Capital invested by funds: $971M → $694M (-$277M)
39% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$10.9M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$7.26M |
| 3 |
Goldman Sachs
New York
|
+$3.81M |
| 4 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$3.25M |
| 5 |
Neuberger Berman Group
New York
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$300M |
| 2 |
RA
Rational Advisors
Huntington,
New York
|
-$29.4M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$10.9M |
| 4 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
-$6.3M |
| 5 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
-$6.1M |
FUTY Hedge Fund Activity: Q4 2023 in Review
183 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Utilities Index ETF (FUTY) for Q4 2023, worth a combined $694M — down 29% from $971M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FUTY positions and 20 closed out — a net gain of 14 holders — while 47 added to existing stakes and 77 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $10.9M. The largest seller was Bank of America, cutting an estimated $300M.
- 183 institutional investors held Fidelity MSCI Utilities Index ETF (FUTY) as of Q4 2023, up from 171 in Q3 2023.
- Funds reported $694M of Fidelity MSCI Utilities Index ETF stock for Q4 2023, down 29% quarter-over-quarter.
- 34 funds opened new Fidelity MSCI Utilities Index ETF positions in Q4 2023 and 20 closed out, a net change of +14 holders.
- The largest Fidelity MSCI Utilities Index ETF buyer in Q4 2023 was BNP Paribas Financial Markets, an estimated $10.9M added.
- The largest Fidelity MSCI Utilities Index ETF seller in Q4 2023 was Bank of America, an estimated $300M sold.
Based on aggregated 13F filings for Q4 2023.