Fidelity International Multifactor ETF (FDEV)

Market Cap: $88.1M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 3

2% less capital invested

Capital invested by funds: $32.4M [Q1] → $31.8M (-$579K) [Q2]

6.18% less ownership

Funds ownership: 51.18% [Q1] → 45.0% (-6.18%) [Q2]

22% less funds holding

Funds holding: 18 [Q1] → 14 (-4) [Q2]

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6