FQAL
Fidelity Quality Factor ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth +30.0% ·
share flow -6.1% ·
net new positions +20.0%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 38 | +3 | 9.89M | $804.86M | +4 | −1 |
| Q1 2026 | 36 | +3 | 9.78M | $709.30M | +4 | −1 |
| Q4 2025 | 33 | -3 | 8.06M | $609.00M | — | −3 |
| Q3 2025 | 7 | +2 | 6.35M | $474.41M | +2 | — |
| Q2 2025 | 2 | 0 | 6.19M | $431.17M | — | — |
| Q1 2025 | 1 | 0 | 8.16K | $523,417 | +1 | −1 |
| Q4 2024 | 1 | 0 | 19.00K | $1.24M | — | — |
| Q3 2024 | 1 | +1 | 24.70K | $1.60M | +1 | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity (FMR) ✦ | 5.76M | -6.5% | $430.06M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 2 | JPMorgan Chase ✦ | 492.58K | — | $36.81M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | JPMorgan Chase ✦ | 492.58K | — | $36.81M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | JPMorgan Chase ✦ | 492.58K | — | $36.81M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | JPMorgan Chase ✦ | 492.58K | — | $36.81M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | JPMorgan Chase ✦ | 492.58K | — | $36.81M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | JPMorgan Chase ✦ | 492.58K | — | $36.81M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | JPMorgan Chase ✦ | 492.58K | — | $36.81M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | JPMorgan Chase ✦ | 492.58K | — | $36.81M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | Morgan Stanley ✦ | 62.52K | — | $4.67M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | Goldman Sachs Group ✦ | 15.78K | — | $1.18M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | Citadel Advisors ✦ | 10.33K | -71.1% | $771,708 | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 13 | Two Sigma Investments ✦ | 8.40K | New | $627,648 | 0.0% | New | 1 | SEC ↗ |
| 14 | AQR Capital Management ✦ | 3.99K | New | $297,834 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Two Sigma Investments | $627,648 | 0.0% |
| AQR Capital Management | $297,834 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 147 holders, 13.39M shares, $967.96M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.