Vault-13

FIDELITY MERRIMACK STR TR FSEC

INVESTMENT GR SE · ETP · CUSIP 316188705

43 institutional holders +2 vs Q3 2025
201,320,197201.3m shares reported held*
$8.9bnreported value*
14 new 15 added 10 reduced 11 sold out net bought ≈ $302.3m (+6.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $44.13.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 3Q4 22: 3Q1 23: 4Q2 23: 6Q3 23: 5Q4 23: 7Q1 24: 7Q2 24: 6Q3 24: 10Q4 24: 15Q1 25: 21Q2 25: 35Q3 25: 41Q4 25: 4343Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 20223
Q4 20223
Q1 20234
Q2 20236
Q3 20235
Q4 20237
Q1 20247
Q2 20246
Q3 202410
Q4 202415
Q1 202521
Q2 202535
Q3 202541
Q4 202543

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q1 24: 1 bought or addedQ1 24: 2 cut or sold outQ2 24: 2 bought or addedQ2 24: 5 cut or sold outQ2 24Q3 24: 6 bought or addedQ3 24: 2 cut or sold outQ4 24: 11 bought or addedQ4 24: 4 cut or sold outQ4 24Q1 25: 19 bought or addedQ1 25: 5 cut or sold outQ2 25: 27 bought or addedQ2 25: 7 cut or sold outQ2 25Q3 25: 27 bought or addedQ3 25: 17 cut or sold outQ4 25: 29 bought or addedQ4 25: 21 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202412
Q2 202425
Q3 202462
Q4 2024114
Q1 2025195
Q2 2025277
Q3 20252717
Q4 20252921

Biggest buyers

FMR LLC Added +6,380,522+6.4m
Cetera Investment Advisers Added +325,877+325.9k
KINTRA WEALTH, LLC New +144,832+144.8k
CITADEL ADVISORS LLC Added +90,336+90.3k
ENVESTNET ASSET MANAGEMENT INC Added +29,066+29.1k
&PARTNERS New +20,317+20.3k
Granite Harbor Advisors, Inc. New +15,053+15.1k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +13,542+13.5k
MERCER GLOBAL ADVISORS INC /ADV New +13,234+13.2k
Csenge Advisory Group New +12,657+12.7k

Biggest sellers

INTEGRITY ALLIANCE, LLC. Sold out -109,085-109.1k
FLOW TRADERS U.S. LLC Sold out -47,074-47.1k
JPMORGAN CHASE & CO Reduced -33,286-33.3k
Corient Private Wealth LP Sold out -17,315-17.3k
OSAIC HOLDINGS, INC. Sold out -8,997-9.0k
Capital Investment Advisors, LLC Sold out -8,454-8.5k
HRT FINANCIAL LP Sold out -7,478-7.5k
COMMONWEALTH EQUITY SERVICES, LLC Sold out -7,389-7.4k
Mariner, LLC Sold out -5,826-5.8k
Allworth Financial LP Reduced -5,400-5.4k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.45% of their portfolio BOSTON, MA 200,299,217200.3m $8.8bn $8.8bn 0.45% Added +6.4m +6,380,522
2 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 341,761341.8k $15.1m $15.1m 0.02% Added +325.9k +325,877
3 KINTRA WEALTH, LLC 0.89% of their portfolio WILLIAMSPORT, PA 144,832144.8k $6.4m $6.4m 0.89% New
4 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 121,727121.7k $5.4m $5.4m 0.00% Added +90.3k +90,336
5 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 66,49566.5k $2.9m $2.9m 0.00% Added +13.5k +13,542
6 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 60,88960.9k $2.7m $2.7m 0.00% Added +29.1k +29,066
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 40,52240.5k $1.8m $1.8m 0.00% Reduced -33.3k -33,286
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 22,08522.1k $974.6k $974.6k 0.00% Added +10.7k +10,663
9 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 20,31720.3k $897.9k $897.9k 0.00% New
10 Granite Harbor Advisors, Inc. 0.28% of their portfolio Houston, TX 15,05315.1k $664.3k $664.3k 0.28% New
11 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 13,23413.2k $584.0k $584.0k 0.00% New
12 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 13,10213.1k $578.2k $578.2k 0.00% Added +6.4k +6,398
13 Csenge Advisory Group 0.03% of their portfolio CLEARWATER, FL 12,65712.7k $558.6k $558.6k 0.03% New
14 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 12,40112.4k $547.3k $547.3k 0.00% New
15 High Falls Advisors, Inc 0.11% of their portfolio ROCHESTER, NY 12,30512.3k $543.0k $543.0k 0.11% Added +577 +577
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 10,11010.1k $446.2k $446.2k 0.00% Added +2.8k +2,834
17 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 9,0929.1k $401.2k $401.2k 0.00% Added +95 +95
18 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 8,9639.0k $395.5k $395.5k 0.01% Unchanged
19 TWO SIGMA SECURITIES, LLC 0.05% of their portfolio NEW YORK, NY 8,1058.1k $357.7k $357.7k 0.05% Reduced -3.7k -3,671
20 SMITH CHAS P & ASSOCIATES PA CPAS 0.02% of their portfolio LAKELAND, FL 7,8187.8k $345.0k $345.0k 0.02% New
21 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 6,8066.8k $300.3k $300.3k 0.00% Reduced -946 -946
22 Glenview Trust Co 0.00% of their portfolio Louisville, KY 6,5306.5k $288.2k $288.2k 0.00% New
23 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio CEDAR RAPIDS, IA 6,4126.4k $283.0k $283.0k 0.01% Reduced -2.5k -2,475
24 Indiana Trust & Investment Management Co 0.08% of their portfolio MISHAWAKA, IN 6,2666.3k $276.5k $276.5k 0.08% New
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,4175.4k $239.1k $239.1k 0.00% Added +2.7k +2,660
26 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 5,3505.3k $236.1k $236.1k 0.01% Added +246 +246
27 Dentgroup LLC 0.16% of their portfolio BATON ROUGE, LA 5,2125.2k $230.0k $230.0k 0.16% Reduced -104 -104
28 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 5,2035.2k $229.6k $229.6k 0.00% New
29 ShoreHaven Wealth Partners, LLC 0.08% of their portfolio Red Bank, NJ 5,1515.2k $227.3k $227.3k 0.08% New
30 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 5,0675.1k $223.6k $223.6k 0.01% New
31 Mid-American Wealth Advisory Group, Inc. 0.09% of their portfolio KANSAS CITY, MO 5,0555.1k $223.1k $223.1k 0.09% New
32 NWAM LLC 0.01% of their portfolio MERCER ISLAND, WA 4,6514.7k $206.1k $206.1k 0.01% Reduced -3.4k -3,384
33 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 3,3293.3k $146.9k $146.9k 0.00% New
34 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,8501.9k $81.6k $81.6k 0.00% Reduced -5.4k -5,400
35 Cornerstone Planning Group LLC 0.01% of their portfolio FAIRFIELD, NJ 1,8421.8k $81.7k $81.7k 0.01% Unchanged
36 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,7071.7k $75.3k $75.3k 0.00% Added +107 +107
37 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,4431.4k $63.7k $63.7k 0.00% Reduced -2.9k -2,877
38 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 1,3201.3k $58.3k $58.3k 0.00% Reduced -884 -884
39 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 572572 $25.2k $25.2k 0.00% Added +6 +6
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 149149 $6.6k $6.6k 0.00% Reduced -3.3k -3,314
41 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 116116 $5.1k $5.1k 0.00% Unchanged
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5252 $2.3k $2.3k 0.00% Added +50 +50
43 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 1212 $530 $530 0.00% Unchanged