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Fidelity Value Factor ETF

145 hedge funds and large institutions have $667M invested in Fidelity Value Factor ETF in 2025 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 40 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 11

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

43% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 40

10% more funds holding

Funds holding: 132145 (+13)

7% more capital invested

Capital invested by funds: $625M → $667M (+$41.5M)

0.54% more ownership

Funds ownership: 59.34%59.88% (+0.54%)

Holders
145
Holders Change
+13
Holders Change %
+9.85%
% of All Funds
1.76%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
25
Increased
57
Reduced
40
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$120M +$425K +6,014 +0.4%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$112M +$5.21M +73,846 +5%
HPA
3
High Probability Advisors
New York
$31.1M +$163K +2,312 +0.5%
MFG
4
Merit Financial Group
Georgia
$24.1M -$4.86M -68,914 -17%
LPL Financial
5
LPL Financial
California
$24M -$647K -9,161 -3%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$21.7M -$1.99M -28,202 -9%
DAS
7
Dynamic Advisor Solutions
Arizona
$21M +$7.79M +110,322 +61%
MCM
8
MAI Capital Management
Ohio
$19.9M -$1.66M -23,480 -8%
Cetera Investment Advisers
9
Cetera Investment Advisers
Illinois
$18.6M +$1.63M +23,159 +10%
Osaic Holdings
10
Osaic Holdings
Arizona
$18.2M -$461K -6,530 -3%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$17.3M -$1.16M -16,461 -6%
Thrivent Financial for Lutherans
12
Thrivent Financial for Lutherans
Minnesota
$15.5M -$14.4M -204,384 -49%
JP Morgan Chase
13
JP Morgan Chase
New York
$15M +$85K +1,204 +0.6%
KAS
14
Kestra Advisory Services
Texas
$14.2M -$168K -2,374 -1%
BAH
15
Beacon Advisors Holdings
Texas
$13.8M +$13.5M +191,215 New
Bank of America
16
Bank of America
North Carolina
$13.7M +$431K +6,109 +3%
CFO
17
Custos Family Office
Texas
$9.25M -$1.73M -24,489 -16%
Morgan Stanley
18
Morgan Stanley
New York
$9.11M -$87.5K -1,240 -1%
VFPW
19
Vantage Financial Partners (Wisconsin)
Wisconsin
$8.77M -$79.4K -1,125 -0.9%
KPWS
20
Kestra Private Wealth Services
Texas
$8.39M +$508K +7,199 +7%
SWA
21
Sax Wealth Advisors
New Jersey
$8.22M +$2.11M +29,848 +36%
CCM
22
Condor Capital Management
New Jersey
$8.2M +$170K +2,406 +2%
Creative Planning
23
Creative Planning
Kansas
$7.41M -$507K -7,183 -7%
Two Sigma Investments
24
Two Sigma Investments
New York
$6.45M -$748K -10,600 -11%
GIA
25
Goodwin Investment Advisory
Georgia
$5.81M -$33.3K -472 -0.6%

FVAL Hedge Fund Activity: Q4 2025 in Review

145 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Fidelity Value Factor ETF (FVAL) for Q4 2025, worth a combined $667M — up 6.6% from $625M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new FVAL positions and 11 closed out — a net gain of 14 holders — while 57 added to existing stakes and 40 trimmed.

The largest buyer was Dynamic Advisor Solutions, adding an estimated $7.79M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $14.4M.

  • 145 institutional investors held Fidelity Value Factor ETF (FVAL) as of Q4 2025, up from 132 in Q3 2025.
  • Funds reported $667M of Fidelity Value Factor ETF stock for Q4 2025, up 6.6% quarter-over-quarter.
  • 25 funds opened new Fidelity Value Factor ETF positions in Q4 2025 and 11 closed out, a net change of +14 holders.
  • The largest Fidelity Value Factor ETF buyer in Q4 2025 was Dynamic Advisor Solutions, an estimated $7.79M added.
  • The largest Fidelity Value Factor ETF seller in Q4 2025 was Thrivent Financial for Lutherans, an estimated $14.4M sold.

Based on aggregated 13F filings for Q4 2025.