Fidelity Merrimack Str Tr (FMUB): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Fidelity Merrimack Str Tr (FMUB) following the 2026 Q1 hedge fund 13F filings?

As of today, FMUB has moved +1.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.1% for the SPY sector ETF — an outperformance of +2.6%. Since the quarter end (March 31, 2026), FMUB gained +1.7% vs +12.4% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Fidelity Merrimack Str Tr (FMUB)

26 + Investors. Track Smart Money conviction in FMUB. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — FMUB

Based on 26 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 3Q

For 3 consecutive quarters, more hedge funds added FMUB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

26 hedge funds hold FMUB right now — the highest count in 1.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🟢

More buyers than sellers — 64% buying

18 buying10 selling

Last quarter: 18 funds were net buyers (8 opened a brand new position + 10 added to an existing one). Only 10 were sellers (6 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 8 → 10 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 85% entered in last year

■ 0% conviction (2yr+) ■ 15% medium ■ 85% new

Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

➡️

Steady discovery — ~8 new funds/quarter

8 → 10 → 8 new funds/Q

New funds entering each quarter: 8 → 10 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new

Of 26 current holders: 26 (100%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.

📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds

3 of 25 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

7.1

out of 10

High Exit Risk

Exit risk score 7.1/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	26	22	18.18%
13F Shares	2M	2M	11.5%
Total Value	$105M	$95M	10.7%
New Positions	8	10	-2
Increased Positions	10	12	-2
Closed Positions	4	2	+2
Reduced Positions	6	0	+6
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

18.18%

13F Shares

11.5%

Total Value

$105M

$95M

10.7%

New Positions

-2

Increased Positions

-2

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

26 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FMUB. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 FMUB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Clarity Retirement & Wealth, LLC	2.73%	66,904	$3.4M
2	Wealth Alliance Advisory Group, LLC	2.28%	284,394	$14.4M
3	Hicks Capital Management LLC	1.68%	33,100	$1.7M
4	Landmark Wealth Management, LLC	0.27%	20,262	$1.0M
5	Advyzon Investment Management, LLC	0.23%	51,631	$2.6M
6	Cwm, LLC	0.16%	1,193,840	$60.4M
7	Avidian Wealth Enterprises, LLC	0.05%	28,300	$1.4M
8	Concurrent Investment Advisors, LLC	0.03%	59,717	$3.0M
9	PFG Advisors	0.03%	10,314	$522K
10	Advisory Services Network, LLC	0.02%	26,132	$1.3M
11	Inspire Advisors, LLC	0.02%	4,241	$215K
12	Fifth Third Securities, INC.	0.02%	4,975	$252K
13	IHT Wealth Management, LLC	0.01%	12,110	$613K
14	Commonwealth Equity Services, LLC	0.01%	160,451	$8.1M
15	Independent Advisor Alliance	0.01%	13,882	$702K
16	Aptus Capital Advisors, LLC	0.01%	17,757	$899K
17	Sigma Planning Corp	0.01%	4,755	$241K
18	Kestra Advisory Services, LLC	0.00%	13,376	$677K
19	MCF Advisors LLC	0.00%	880	$45K
20	Sequoia Financial Advisors, LLC	0.00%	6,199	$314K
21	Osaic Holdings, INC.	0.00%	14,137	$716K
22	Cetera Investment Advisers	0.00%	5,392	$273K
23	LPL Financial LLC	0.00%	15,125	$765K
24	Envestnet Asset Management Inc	0.00%	12,674	$641K
25	Jane Street Group, LLC	0.00%	20,429	$1.0M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Fidelity Merrimack Str Tr (FMUB)

What does the Smart Money Trend signal show for FMUB?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added FMUB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FMUB?

More buyers than sellers — 64% buying: Last quarter: 18 funds were net buyers (8 opened a brand new position + 10 added to an existing one). Only 10 were sellers (6 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FMUB holders?

Smaller funds dominant — 2% AUM from top-100: 3 of 25 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FMUB?

Mostly new holders — 85% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Fidelity Merrimack Str Tr (FMUB) following the 2026 Q1 hedge fund 13F filings?

As of today, FMUB has moved +1.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.1% for the SPY sector ETF — an outperformance of +2.6%. Since the quarter end (March 31, 2026), FMUB has gained +1.7% vs +12.4% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Fidelity Merrimack Str Tr (FMUB)

Smart Money Signals — FMUB

Buying streak — 3 quarters in a row

At the ownership peak (100% of max)

More buyers than sellers — 64% buying

Steady new buyers — ~8 new funds per quarter

Mostly new holders — 85% entered in last year

Steady discovery — ~8 new funds/quarter

Early stage — 100% of holders entered in last year

Smaller funds dominant — 2% AUM from top-100

Institutional Sentiment Summary — FMUB

Hedge Fund Ownership: FMUB

Market Analysis: FMUB

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: FMUB

Is It Too Late to Buy Fidelity Merrimack Str Tr (FMUB) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: FMUB

Statistics: FMUB

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Fidelity Merrimack Str Tr (FMUB)

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