FQAL
Fidelity Quality Factor ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth -8.3% ·
share flow -5.6% ·
net new positions -9.1%
· formula
Broad distribution: falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 37 | +3 | 9.89M | $804.25M | +4 | −2 |
| Q1 2026 | 36 | +3 | 9.78M | $709.30M | +4 | −1 |
| Q4 2025 | 33 | -3 | 8.06M | $609.00M | n/a | −3 |
| Q3 2025 | 7 | +2 | 6.35M | $474.41M | +2 | n/a |
| Q2 2025 | 2 | 0 | 6.19M | $431.17M | n/a | n/a |
| Q1 2025 | 1 | 0 | 8.16K | $523,417 | +1 | −1 |
| Q4 2024 | 1 | 0 | 19.00K | $1.24M | n/a | n/a |
| Q3 2024 | 1 | +1 | 24.70K | $1.60M | +1 | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity (FMR) ✦ | 5.55M | -3.5% | $419.81M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 2 | Envestnet Asset Management Inc | 1.23M | n/a | $92.85M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | JPMorgan Chase ✦ | 247.98K | -49.7% | $18.74M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 4 | Cetera Investment Advisers | 166.48K | n/a | $12.58M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | Commonwealth Equity Services, Llc | 149.57K | n/a | $11.31M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Osaic Holdings, Inc. | 125.80K | n/a | $9.51M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 7 | LPL Financial LLC | 86.13K | n/a | $6.51M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | Northwestern Mutual Wealth… | 78.05K | n/a | $5.90M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | Morgan Stanley ✦ | 66.24K | +6.0% | $5.01M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 10 | Raymond James Financial Inc | 55.70K | n/a | $4.21M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 11 | Bank Of America Corp /De/ | 51.51K | n/a | $3.89M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 12 | Rockefeller Capital Management L.P. | 45.47K | n/a | $3.44M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 13 | Wealth Enhancement Advisory… | 37.84K | n/a | $2.89M | 0.0% | n/c | 1 | SEC ↗ |
| 14 | Cerity Partners LLC | 36.31K | n/a | $2.74M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 15 | Susquehanna International Group, Llp | 27.14K | n/a | $2.05M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 16 | Lido Advisors, LLC | 19.23K | n/a | $1.44M | 0.0% | n/c | 1 | SEC ↗ |
| 17 | First Trust Advisors Lp | 16.91K | n/a | $1.28M | 0.0% | n/c | 1 | SEC ↗ |
| 18 | Mariner, LLC | 15.94K | n/a | $1.20M | 0.0% | n/c | 1 | SEC ↗ |
| 19 | TD Waterhouse Canada Inc. | 10.73K | n/a | $811,383 | 0.0% | n/c | 1 | SEC ↗ |
| 20 | HighTower Advisors, LLC | 7.80K | n/a | $589,504 | 0.0% | n/c | 1 | SEC ↗ |
| 21 | Mercer Global Advisors Inc /Adv | 7.29K | n/a | $551,342 | 0.0% | n/c | 1 | SEC ↗ |
| 22 | Creative Planning | 4.05K | n/a | $306,502 | 0.0% | n/c | 1 | SEC ↗ |
| 23 | AQR Capital Management ✦ | 3.99K | 0.0% | $301,302 | 0.0% | Held | 2 | SEC ↗ |
| 24 | Bank Of Montreal /Can/ | 3.91K | n/a | $295,859 | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 25 | Pnc Financial Services Group, Inc. | 3.12K | n/a | $236,220 | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 26 | Quantinno Capital Management LP | 2.73K | n/a | $206,610 | 0.0% | n/c | 1 | SEC ↗ |
| 27 | Royal Bank Of Canada | 2.49K | n/a | $188,000 | 0.0% | n/c | 1 | SEC ↗ |
| 28 | Qube Research & Technologies Ltd | 546 | n/a | $41,272 | 0.0% | n/c | 1 | SEC ↗ |
| 29 | UBS AM, a distinct business unit of… | 439 | n/a | $33,184 | 0.0% | n/c | 1 | SEC ↗ |
| 30 | Wells Fargo & Company/Mn | 323 | n/a | $24,453 | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 31 | Russell Investments Group, Ltd. | 274 | n/a | $20,712 | 0.0% | n/c | 1 | SEC ↗ |
| 32 | Assetmark, Inc | 266 | n/a | $20,107 | 0.0% | n/c | 1 | SEC ↗ |
| 33 | Cwm, Llc | 94 | n/a | $7,000 | 0.0% | n/c | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Goldman Sachs Group | $1.18M | was 0.0% |
| Citadel Advisors | $771,708 | was 0.0% |
| Two Sigma Investments | $627,648 | was 0.0% |
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.