Fidelity MSCI Communication Services Index

FCOM • ARCA

Fidelity MSCI Communication Services Index is an exchange-traded fund on ARCA. As of Q3 2025, 189 institutional investors hold shares in this ETF, with total holdings valued at $1.2B. SCHWAB CHARLES INVESTMENT MANAGEMENT INC is the largest holder with a position valued at $308.7M.

Overview

Overview of institutional ownership in FCOM as of Q3 2025

All Institutions

Institutions: 189
Value Held: $1.2B
Shares Held: 16.5M
Avg Position: $6.2M
Median Position: $472.0K

Hedge Funds

Hedge Funds: 4
Value Held: $842.3K
Shares Held: 11.9K
Avg Position: $210.6K
Median Position: $227.1K

Biggest Investors

Institutions with the largest positions in FCOM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$308.7M 0.05% of portfolio	4.4M shares	Q1 2020 Held for 5y 8m	$620.51B
H Harel Insurance Investments & Financial Services Ltd. Institution	-	$192.1M 1.95% of portfolio	2.7M shares	Q1 2025 Held for 8 months	$9.8B
Lido Advisors, LLC RIA/Wealth	Jason Jay Ozur CEO	$146.4M 0.60% of portfolio	2.1M shares	Q1 2017 Held for 8y 8m	$24.2B
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	-	$89.0M 0.06% of portfolio	1.3M shares	Q1 2020 Held for 5y 8m	$149.83B
A AGF MANAGEMENT LTD Institution	-	$46.5M 0.21% of portfolio	655.0K shares	Q4 2022 Held for 2y 11m	$22.4B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$31.4M 0.00% of portfolio	442.2K shares	Q1 2014 Held for 11y 8m	$1.65T
PFG Financial Advisors RIA/Wealth	Eric Kramer Dare CEO	$24.7M 1.89% of portfolio	348.0K shares	Q1 2025 Held for 8 months	$1.3B
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	$21.0M 0.03% of portfolio	295.9K shares	Q4 2017 Held for 7y 11m	$71.1B
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	Charles David Welling CEO	$18.5M 0.03% of portfolio	260.2K shares	Q3 2025 Held for 2 months	$59.9B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$17.2M 0.00% of portfolio	243.0K shares	Q2 2016 Held for 9y 5m	$488.50B

Net Capital Flow

Institutional buying and selling activity for FCOM in Q3 2025

Traded: +$49.2M
Buyers: 85
Sellers: 66
Total Bought: +$90.5M
Total Sold: −$41.2M
Avg Position: $5.9M

Biggest Buyers

Institution	Net Bought	Current Position
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$18.5M +260.2K shares	$18.5M 260.2K shares
H Harel Insurance Investments & Financial Services Ltd. Institution	+$15.7M +221.8K shares	$192.1M 2.7M shares
Lido Advisors, LLC RIA/Wealth	+$13.8M +194.6K shares	$146.4M 2.1M shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$6.3M +89.5K shares	$9.9M 138.8K shares
KINGSWOOD WEALTH ADVISORS, LLC RIA/Wealth	+$5.7M +80.4K shares	$6.3M 88.9K shares
PFG Financial Advisors RIA/Wealth	+$4.1M +58.4K shares	$24.7M 348.0K shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$3.5M +50.0K shares	$3.5M 50.0K shares
A Advisor Group Holdings, Inc. Institution	+$2.5M +35.7K shares	$7.7M 108.2K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	+$2.1M +30.1K shares	$21.0M 295.9K shares
Kovitz Investment Group Partners, LLC RIA/Wealth	+$1.7M +23.6K shares	$6.4M 89.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	−$9.1M −128.2K shares	$89.0M 1.3M shares
L LPL Financial LLC Institution	−$6.4M −89.7K shares	$10.7M 151.4K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$5.0M −71.0K shares	$308.7M 4.4M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$2.8M −43.0K shares	Sold Off 0 shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	−$2.5M −38.1K shares	Sold Off 0 shares
WELLS FARGO & COMPANY/MN Institution	−$1.9M −26.4K shares	$17.2M 243.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$1.8M −25.9K shares	$962.2K 13.6K shares
AE Wealth Management LLC RIA/Wealth	−$1.8M −25.0K shares	$6.7M 94.8K shares
Lifeworks Advisors, LLC RIA/Wealth	−$1.6M −22.8K shares	$624.1K 8.8K shares
JPMORGAN CHASE & CO Institution	−$1.3M −17.9K shares	$201.5K 2.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FCOM in Q3 2025

New Positions: 18
New Value: $7.2M
Exited Positions: 8
Exited Value: $6.2M

New Positions

Institution	Position Value
B BNP PARIBAS ARBITRAGE, SA Institution	$3.5M 50.0K shares
Summit Financial, LLC RIA/Wealth	$1.2M 17.5K shares
SMITH SHELLNUT WILSON LLC /ADV RIA/Wealth	$552.5K 7.8K shares
NOVEM GROUP RIA/Wealth	$339.8K 4.8K shares
Redwood Financial Network Corp RIA/Wealth	$288.8K 4.1K shares
L LongView Wealth Management RIA/Wealth	$271.0K 3.8K shares
BRANDYWINE OAK PRIVATE WEALTH LLC RIA/Wealth	$218.4K 3.1K shares
KW WEALTH MANAGEMENT LLC RIA/Wealth	$218.2K 3.1K shares
M MISSION WEALTH MANAGEMENT, LLC Institution	$213.8K 3.0K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$201.6K 2.8K shares

Exited Positions

Institution	Previous Position
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$2.8M 43.0K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	$2.5M 38.1K shares
Ashton Thomas Private Wealth, LLC RIA/Wealth	$625.4K 9.7K shares
C CI Private Wealth, LLC RIA/Wealth	$201.8K 3.1K shares
HOWE & RUSLING INC RIA/Wealth	$23.5K 363.0 shares
Asset Dedication, LLC RIA/Wealth	$21.6K 334.0 shares
Legend Financial Advisors, Inc. RIA/Wealth	$18.3K 283.0 shares
Ameritas Advisory Services, LLC RIA/Wealth	$4.4K 68.0 shares

Options Activity

Institutions with the largest Call and Put options positions in FCOM as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with FCOM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Guerra Advisors Inc RIA/Wealth	Fabian Alexander Guerra Owner	3.91% $10.5M	148.6K shares	Q4 2024 Held for 11 months	$269.9M
Independence Financial Advisors, LLC RIA/Wealth	Michael Francis Ventura CEO	3.47% $11.4M	160.3K shares	Q1 2025 Held for 8 months	$328.3M
Yoder Wealth Management, Inc. RIA/Wealth	Anat Nurit Levy Yoder CEO	2.78% $5.9M	82.9K shares	Q1 2023 Held for 2y 8m	$211.3M
SOUTHERN CAPITAL ADVISORS, LLC RIA/Wealth	Charles Lee Johnson Managing Partner	2.55% $5.4M	76.8K shares	Q4 2021 Held for 3y 11m	$213.6M
Fischer Financial Services, Inc. RIA/Wealth	Frederick Dale Fischer President	2.00% $7.4M	104.8K shares	Q4 2024 Held for 11 months	$371.4M
Crumly & Associates Inc. RIA/Wealth	Scott Michael Norris CEO	1.96% $8.9M	125.6K shares	Q1 2020 Held for 5y 8m	$455.6M
H Harel Insurance Investments & Financial Services Ltd. Institution	-	1.95% $192.1M	2.7M shares	Q1 2025 Held for 8 months	$9.8B
PFG Financial Advisors RIA/Wealth	Eric Kramer Dare CEO	1.89% $24.7M	348.0K shares	Q1 2025 Held for 8 months	$1.3B
M Maltin Wealth Management, Inc. Institution	-	1.86% $4.1M	58.5K shares	Q4 2019 Held for 5y 11m	$223.6M
R RWM Asset Management, LLC RIA/Wealth	Thomas Huey Ruggie Managing Partner	1.74% $14.2M	199.8K shares	Q4 2024 Held for 11 months	$815.9M

Hedge Fund Spotlight

Discover hedge funds investing in FCOM

GABLES CAPITAL MANAGEMENT INC.

Hedge Fund • Long/Short

Portfolio ManagerJudith Cohen Neiwirth

Portfolio Value: $233.4M
Positions: 457
Last Reported: Q3 2025

Sector Allocation

Position in Fidelity MSCI Communication Services Index

Market Value: $47.0K
Shares Held: 662.0
Portfolio Weight: 0.02%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$20.6M	8.84%
2 Apple AAPL	Consumer Electronics Technology	$14.7M	6.30%
3 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$13.4M	5.74%