Fidelity Nasdaq Composite Index ETF
ONEQ
120 hedge funds and large institutions have $199M invested in Fidelity Nasdaq Composite Index ETF in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 43 reducing their positions, and 24 closing their positions.
4.36% less ownership
Funds ownership: 104.47% → 100.11% (-4.4%)
8% less funds holding
Funds holding: 130 → 120 (-10)
17% less capital invested
Capital invested by funds: $240M → $199M (-$41.3M)
19% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 43
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$14.6M |
| 2 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$6.33M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.09M |
| 4 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$4.96M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$6.11M |
| 2 |
BSAM
Blue Sky Asset Management
Greenwood Village,
Colorado
|
-$5.7M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$2.89M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$2.73M |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$2.25M |
ONEQ Hedge Fund Activity: Q1 2020 in Review
120 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fidelity Nasdaq Composite Index ETF (ONEQ) for Q1 2020, worth a combined $199M — down 17% from $240M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of ONEQ and 18 opened new positions — a net loss of 6 holders — while 43 trimmed existing stakes and 35 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $14.6M. The largest seller was FormulaFolio Investments, cutting an estimated $6.11M.
- 120 institutional investors held Fidelity Nasdaq Composite Index ETF (ONEQ) as of Q1 2020, down from 130 in Q4 2019.
- Funds reported $199M of Fidelity Nasdaq Composite Index ETF stock for Q1 2020, down 17% quarter-over-quarter.
- 18 funds opened new Fidelity Nasdaq Composite Index ETF positions in Q1 2020 and 24 closed out, a net change of -6 holders.
- The largest Fidelity Nasdaq Composite Index ETF buyer in Q1 2020 was Commonwealth Equity Services, an estimated $14.6M added.
- The largest Fidelity Nasdaq Composite Index ETF seller in Q1 2020 was FormulaFolio Investments, an estimated $6.11M sold.
Based on aggregated 13F filings for Q1 2020.