Fidelity MSCI Consumer Discretionary Index ETF

FDIS • ARCA

Fidelity MSCI Consumer Discretionary Index ETF is an exchange-traded fund on ARCA. As of Q3 2025, 230 institutional investors hold shares in this ETF, with total holdings valued at $843.8M. Lido Advisors, LLC is the largest holder with a position valued at $152.5M.

Overview

Overview of institutional ownership in FDIS as of Q3 2025

All Institutions

Institutions: 230
Value Held: $843.8M
Shares Held: 8.2M
Avg Position: $3.7M
Median Position: $359.3K

Hedge Funds

Hedge Funds: 3
Value Held: $3.0M
Shares Held: 29.3K
Avg Position: $1.0M
Median Position: $464.4K

Biggest Investors

Institutions with the largest positions in FDIS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Lido Advisors, LLC RIA/Wealth	Jason Jay Ozur CEO	$152.5M 0.63% of portfolio	1.5M shares	Q4 2016 Held for 8y 11m	$24.2B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$125.6M 0.02% of portfolio	1.2M shares	Q1 2020 Held for 5y 8m	$620.51B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$95.5M 0.01% of portfolio	928.5K shares	Q3 2014 Held for 11y 2m	$1.33T
AE Wealth Management LLC RIA/Wealth	David James Callanan CEO	$78.5M 0.51% of portfolio	762.7K shares	Q3 2021 Held for 4y 2m	$15.2B
Richard Bernstein Advisors LLC Long Only Manager	Richard Nmn Bernstein CEO	$50.6M 1.44% of portfolio	492.2K shares	Q3 2024 Held for 1y 2m	$3.5B
A AGF MANAGEMENT LTD Institution	-	$31.1M 0.14% of portfolio	302.1K shares	Q4 2022 Held for 2y 11m	$22.4B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$18.7M 0.00% of portfolio	181.9K shares	Q2 2014 Held for 11y 5m	$1.65T
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager	Hyun Michael Kim CEO	$15.2M 0.03% of portfolio	148.1K shares	Q2 2024 Held for 1y 5m	$46.5B
Fischer Financial Services, Inc. RIA/Wealth	Frederick Dale Fischer President	$14.4M 3.88% of portfolio	140.1K shares	Q4 2024 Held for 11 months	$371.4M
L LPL Financial LLC Institution	-	$14.0M 0.00% of portfolio	135.9K shares	Q4 2014 Held for 10y 11m	$340.07B

Net Capital Flow

Institutional buying and selling activity for FDIS in Q3 2025

Traded: +$35.3M
Buyers: 101
Sellers: 84
Total Bought: +$67.0M
Total Sold: −$31.7M
Avg Position: $3.3M

Biggest Buyers

Institution	Net Bought	Current Position
Lido Advisors, LLC RIA/Wealth	+$12.6M +122.7K shares	$152.5M 1.5M shares
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager	+$8.5M +83.0K shares	$15.2M 148.1K shares
AE Wealth Management LLC RIA/Wealth	+$8.5M +82.7K shares	$78.5M 762.7K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	+$5.0M +48.7K shares	$9.3M 90.3K shares
GRIMES & COMPANY, INC. RIA/Wealth	+$4.6M +44.7K shares	$4.9M 47.7K shares
A AGF MANAGEMENT LTD Institution	+$2.9M +27.9K shares	$31.1M 302.1K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	+$2.6M +25.6K shares	$5.0M 48.6K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$2.5M +24.6K shares	$2.5M 24.6K shares
L LPL Financial LLC Institution	+$2.3M +22.0K shares	$14.0M 135.9K shares
SCHMIDT P J INVESTMENT MANAGEMENT INC RIA/Wealth	+$1.6M +15.3K shares	$3.0M 29.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
AMERIPRISE FINANCIAL INC Institution	−$6.5M −63.0K shares	$851.7K 8.3K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$3.5M −34.3K shares	$11.9M 115.5K shares
J JANE STREET GROUP, LLC Institution	−$2.7M −29.2K shares	Sold Off 0 shares
Advocacy Wealth Management Services, LLC RIA/Wealth	−$2.6M −28.0K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$2.4M −25.9K shares	Sold Off 0 shares
Richard Bernstein Advisors LLC Long Only Manager	−$1.4M −14.0K shares	$50.6M 492.2K shares
Kovitz Investment Group Partners, LLC RIA/Wealth	−$1.3M −14.1K shares	Sold Off 0 shares
AlphaStar Capital Management, LLC RIA/Wealth	−$1.0M −10.8K shares	Sold Off 0 shares
Sigma Planning Corp RIA/Wealth	−$802.0K −7.8K shares	$1.7M 16.2K shares
Keystone Global Partners, LLC RIA/Wealth	−$634.8K −6.2K shares	$4.8M 46.4K shares

Entry and Exit Activity

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

New Positions: 15
New Value: $4.9M
Exited Positions: 21
Exited Value: $13.3M

New Positions

Institution	Position Value
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$2.5M 24.6K shares
Mount Yale Investment Advisors, LLC RIA/Wealth	$788.7K 7.7K shares
A American Trust Institution	$462.5K 4.5K shares
Cambria Investment Management, L.P. ETF Provider	$338.5K 3.3K shares
BRIGHTON JONES LLC RIA/Wealth	$238.4K 2.3K shares
L LifeWealth Investments, LLC Institution	$224.6K 2.2K shares
Union Bankshares Corp Institution	$148.2K 1.4K shares
Sontag Advisory, LLC RIA/Wealth	$126.2K 1.2K shares
B Byrne Asset Management LLC RIA/Wealth	$20.2K 196.0 shares
V Vermillion Wealth Management, Inc. RIA/Wealth	$4.2K 41.0 shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$2.7M 29.2K shares
Advocacy Wealth Management Services, LLC RIA/Wealth	$2.6M 28.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.4M 25.9K shares
Kovitz Investment Group Partners, LLC RIA/Wealth	$1.3M 14.1K shares
AlphaStar Capital Management, LLC RIA/Wealth	$1.0M 10.8K shares
Pensionmark Financial Group, LLC Pension/Endowment	$589.5K 6.3K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$485.1K 5.2K shares
O OLD MISSION CAPITAL LLC Institution	$442.6K 4.7K shares
Integrated Advisors Network LLC RIA/Wealth	$334.1K 3.6K shares
Interchange Capital Partners, LLC RIA/Wealth	$287.1K 160.0 shares

Options Activity

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

Call Positions: 1
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Fischer Financial Services, Inc. RIA/Wealth	Frederick Dale Fischer President	3.88% $14.4M	140.1K shares	Q4 2024 Held for 11 months	$371.4M
SFI Advisors, LLC RIA/Wealth	Stephen Gaetano Vicinelli President	3.34% $5.1M	49.2K shares	Q4 2022 Held for 2y 11m	$151.2M
Keystone Global Partners, LLC RIA/Wealth	James Peyton Carr Managing Partner	2.69% $4.8M	46.4K shares	Q1 2025 Held for 8 months	$177.4M
Yoder Wealth Management, Inc. RIA/Wealth	Anat Nurit Levy Yoder CEO	2.18% $4.6M	44.7K shares	Q1 2023 Held for 2y 8m	$211.3M
Maxele Advisors, LLC RIA/Wealth	Stephen M Erken Managing Partner	2.18% $2.5M	24.5K shares	Q4 2024 Held for 11 months	$115.9M
Independence Financial Advisors, LLC RIA/Wealth	Michael Francis Ventura CEO	1.86% $6.1M	59.5K shares	Q2 2025 Held for 5 months	$328.3M
K KDK Private Wealth Management, LLC RIA/Wealth	Deon Maryann Blaney Managing Partner	1.69% $1.7M	16.3K shares	Q4 2024 Held for 11 months	$98.7M
M Maltin Wealth Management, Inc. Institution	-	1.58% $3.5M	34.4K shares	Q4 2019 Held for 5y 11m	$223.6M
Richard Bernstein Advisors LLC Long Only Manager	Richard Nmn Bernstein CEO	1.44% $50.6M	492.2K shares	Q3 2024 Held for 1y 2m	$3.5B
PENOBSCOT WEALTH MANAGEMENT RIA/Wealth	Craig Arthur Joncas CEO	1.10% $3.4M	33.3K shares	Q1 2022 Held for 3y 8m	$311.6M

Hedge Fund Spotlight

Discover hedge funds investing in FDIS

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 Consumer Discretionary Index ETF

Market Value: $19.8K
Shares Held: 192.0
Portfolio Weight: 0.01%
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%