Fidelity Value Factor ETF
FVAL
75 hedge funds and large institutions have $200M invested in Fidelity Value Factor ETF in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
9% more funds holding
Funds holding: 69 → 75 (+6)
6.3% less ownership
Funds ownership: 52.52% → 46.22% (-6.3%)
19% less capital invested
Capital invested by funds: $246M → $200M (-$46.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.44M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.84M |
| 3 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
+$2.72M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.21M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$36.1M |
| 2 |
CCA
Childress Capital Advisors
Houston,
Texas
|
-$3.67M |
| 3 |
Morgan Stanley
New York
|
-$3.29M |
| 4 |
HF
Halpern Financial
Ashburn,
Virginia
|
-$3.11M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
76
Cetera Advisor Networks
El Segundo,
California
| – | -$494K | -11,483 | Closed |
|
77
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$234K | -5,300 | Closed |
|
78
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$140K | -3,249 | Closed |
|
79
William Blair & Company
Chicago,
Illinois
| – | -$19K | -450 | Closed |
|
|
SWA
80
SOA Wealth Advisors
New York
| – | +$849 | +19 | New |
|
FVAL Hedge Fund Activity: Q3 2022 in Review
75 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Fidelity Value Factor ETF (FVAL) for Q3 2022, worth a combined $200M — down 19% from $246M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FVAL positions and 5 closed out — a net gain of 7 holders — while 31 added to existing stakes and 22 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $5.44M. The largest seller was Fidelity Investments, cutting an estimated $36.1M.
- 75 institutional investors held Fidelity Value Factor ETF (FVAL) as of Q3 2022, up from 69 in Q2 2022.
- Funds reported $200M of Fidelity Value Factor ETF stock for Q3 2022, down 19% quarter-over-quarter.
- 12 funds opened new Fidelity Value Factor ETF positions in Q3 2022 and 5 closed out, a net change of +7 holders.
- The largest Fidelity Value Factor ETF buyer in Q3 2022 was Royal Bank of Canada, an estimated $5.44M added.
- The largest Fidelity Value Factor ETF seller in Q3 2022 was Fidelity Investments, an estimated $36.1M sold.
Based on aggregated 13F filings for Q3 2022.