Fidelity Value Factor ETF
FVAL
78 hedge funds and large institutions have $255M invested in Fidelity Value Factor ETF in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 32 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $260M → $255M (-$5.03M)
1.28% less ownership
Funds ownership: 56.48% → 55.2% (-1.3%)
13% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 32
13% less funds holding
Funds holding: 90 → 78 (-12)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5M |
| 3 |
HPA
High Probability Advisors
Pittsford,
New York
|
+$2.29M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$2.25M |
| 5 |
BFA
BMS Financial Advisors
Rapid City,
South Dakota
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
CFO4Life Group
Coppell,
Texas
|
-$8.67M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.14M |
| 3 |
LJAC
L.J. Altfest & Co
New York
|
-$4.34M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.9M |
| 5 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$3.53M |
FVAL Hedge Fund Activity: Q1 2023 in Review
78 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Fidelity Value Factor ETF (FVAL) for Q1 2023, worth a combined $255M — down 1.9% from $260M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FVAL and 9 opened new positions — a net loss of 8 holders — while 32 trimmed existing stakes and 28 added.
The largest buyer was Envestnet Asset Management, adding an estimated $13.7M. The largest seller was CFO4Life Group, exiting entirely with an estimated $8.67M sold.
- 78 institutional investors held Fidelity Value Factor ETF (FVAL) as of Q1 2023, down from 90 in Q4 2022.
- Funds reported $255M of Fidelity Value Factor ETF stock for Q1 2023, down 1.9% quarter-over-quarter.
- 9 funds opened new Fidelity Value Factor ETF positions in Q1 2023 and 17 closed out, a net change of -8 holders.
- The largest Fidelity Value Factor ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $13.7M added.
- The largest Fidelity Value Factor ETF seller in Q1 2023 was CFO4Life Group, an estimated $8.67M sold.
Based on aggregated 13F filings for Q1 2023.