We are live on ! Find out more
FREL icon

Fidelity MSCI Real Estate Index ETF
FREL

210 hedge funds and large institutions have $496M invested in Fidelity MSCI Real Estate Index ETF in 2025 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 97 increasing their positions, 55 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 55

53% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 15

12% more capital invested

Capital invested by funds: $441M → $496M (+$54.8M)

4.84% more ownership

Funds ownership: 41.7% → 46.54% (+4.8%)

0% more funds holding

Funds holding: 209 → 210 (+1)

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

Holders
210
Holders Change
+1
Holders Change %
+0.48%
% of All Funds
2.76%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
23
Increased
97
Reduced
55
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$12M
2
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$10.1M
3
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$9.49M
4
AWM
AE Wealth Management
Kansas
+$5.41M
5
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$4.13M

Top Sellers

1
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$2.61M
2
SC
Soundwatch Capital
Connecticut
-$2.24M
3
SWGC
Summit Wealth Group (Colorado)
Colorado
-$1.23M
4
Citadel Advisors
Citadel Advisors
Florida
-$895K
5
TRCT
Tower Research Capital (TRC)
New York
-$806K
Name Holding Trade Value Shares
Change 		Change in
Stake
HFS
226
Hantz Financial Services
Michigan
– +$110 +4 New
6 7 8 9
10

FREL Hedge Fund Activity: Q3 2025 in Review

210 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q3 2025, worth a combined $496M — up 12% from $441M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FREL positions and 15 closed out — a net gain of 8 holders — while 97 added to existing stakes and 55 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $12M. The largest seller was PNC Financial Services Group, cutting an estimated $2.61M.

  • 210 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q3 2025, up from 209 in Q2 2025.
  • Funds reported $496M of Fidelity MSCI Real Estate Index ETF stock for Q3 2025, up 12% quarter-over-quarter.
  • 23 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q3 2025 and 15 closed out, a net change of +8 holders.
  • The largest Fidelity MSCI Real Estate Index ETF buyer in Q3 2025 was Envestnet Asset Management, an estimated $12M added.
  • The largest Fidelity MSCI Real Estate Index ETF seller in Q3 2025 was PNC Financial Services Group, an estimated $2.61M sold.

Based on aggregated 13F filings for Q3 2025.