Fidelity Value Factor ETF
FVAL
104 hedge funds and large institutions have $433M invested in Fidelity Value Factor ETF in 2023 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 37 increasing their positions, 25 reducing their positions, and 5 closing their positions.
500% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 5
48% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 25
28% more funds holding
Funds holding: 81 → 104 (+23)
26% more capital invested
Capital invested by funds: $344M → $433M (+$89.1M)
0.74% more ownership
Funds ownership: 66.83% → 67.57% (+0.74%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.1M |
| 2 |
Morgan Stanley
New York
|
+$6.81M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.84M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.89M |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$13.3M |
| 2 |
HPA
High Probability Advisors
Pittsford,
New York
|
-$700K |
| 3 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$641K |
| 4 |
HF
Halpern Financial
Ashburn,
Virginia
|
-$562K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$468K |
FVAL Hedge Fund Activity: Q4 2023 in Review
104 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Fidelity Value Factor ETF (FVAL) for Q4 2023, worth a combined $433M — up 26% from $344M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FVAL positions and 5 closed out — a net gain of 25 holders — while 37 added to existing stakes and 25 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $21.1M. The largest seller was Osaic Holdings, cutting an estimated $13.3M.
- 104 institutional investors held Fidelity Value Factor ETF (FVAL) as of Q4 2023, up from 81 in Q3 2023.
- Funds reported $433M of Fidelity Value Factor ETF stock for Q4 2023, up 26% quarter-over-quarter.
- 30 funds opened new Fidelity Value Factor ETF positions in Q4 2023 and 5 closed out, a net change of +25 holders.
- The largest Fidelity Value Factor ETF buyer in Q4 2023 was Fidelity Investments, an estimated $21.1M added.
- The largest Fidelity Value Factor ETF seller in Q4 2023 was Osaic Holdings, an estimated $13.3M sold.
Based on aggregated 13F filings for Q4 2023.