Fidelity Value Factor ETF
FVAL
110 hedge funds and large institutions have $509M invested in Fidelity Value Factor ETF in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
18% more capital invested
Capital invested by funds: $433M → $509M (+$76.1M)
6% more funds holding
Funds holding: 104 → 110 (+6)
2.4% less ownership
Funds ownership: 67.57% → 65.17% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$17.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.2M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$9.08M |
| 4 |
FIS
Fischer Investment Strategies
Westlake Village,
California
|
+$5.37M |
| 5 |
GIA
Goodwin Investment Advisory
Woodstock,
Georgia
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$6.31M |
| 2 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
-$2.85M |
| 3 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$2.7M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.56M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.4M |
FVAL Hedge Fund Activity: Q1 2024 in Review
110 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Fidelity Value Factor ETF (FVAL) for Q1 2024, worth a combined $509M — up 18% from $433M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FVAL positions and 10 closed out — a net gain of 6 holders — while 47 added to existing stakes and 34 trimmed.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $17.6M. The largest seller was Osaic Holdings, cutting an estimated $6.31M.
- 110 institutional investors held Fidelity Value Factor ETF (FVAL) as of Q1 2024, up from 104 in Q4 2023.
- Funds reported $509M of Fidelity Value Factor ETF stock for Q1 2024, up 18% quarter-over-quarter.
- 16 funds opened new Fidelity Value Factor ETF positions in Q1 2024 and 10 closed out, a net change of +6 holders.
- The largest Fidelity Value Factor ETF buyer in Q1 2024 was Thrivent Financial for Lutherans, an estimated $17.6M added.
- The largest Fidelity Value Factor ETF seller in Q1 2024 was Osaic Holdings, an estimated $6.31M sold.
Based on aggregated 13F filings for Q1 2024.