We are live on ! Find out more
FREL icon

Fidelity MSCI Real Estate Index ETF
FREL

202 hedge funds and large institutions have $774M invested in Fidelity MSCI Real Estate Index ETF in 2026 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 93 increasing their positions, 51 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 51

50% more capital invested

Capital invested by funds: $515M → $774M (+$259M)

9.84% more ownership

Funds ownership: 47.72% → 57.56% (+9.8%)

5% less funds holding

Funds holding: 213 → 202 (-11)

17% less funds holding in top 10

Funds holding in top 10: 6 → 5 (-1)

26% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 23

Holders
202
Holders Change
-11
Holders Change %
-5.16%
% of All Funds
2.49%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.06%
New
17
Increased
93
Reduced
51
Closed
23
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Bank of America
Bank of America
North Carolina
+$285M
2
Two Sigma Investments
Two Sigma Investments
New York
+$7.24M
3
PPW
Pasadena Private Wealth
California
+$6.14M
4
LPL Financial
LPL Financial
California
+$4.76M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$3.89M

Top Sellers

1
AWM
AE Wealth Management
Kansas
-$38.1M
2
Lido Advisors
Lido Advisors
California
-$4.98M
3
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$4.46M
4
DAS
Diversify Advisory Services
Utah
-$2.04M
5
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
-$1.49M
Name Holding Trade Value Shares
Change 		Change in
Stake
GJIA
76
Glass Jacobson Investment Advisors
Maryland
$938K -$529 -19 -0.1%
PAS
77
PKS Advisory Services
New York
$918K +$10.6K +382 +1%
RK
78
Rather & Kittrell
Tennessee
$904K +$1.25K +45 +0.1%
JP Morgan Chase
79
JP Morgan Chase
New York
$876K -$88.4K -3,174 -9%
Citadel Advisors
80
Citadel Advisors
Florida
$864K +$894K +32,100 New
NWA
81
Northwest Wealth Advisors
Washington
$844K +$158K +5,692 +22%
ICMP
82
Integrated Capital Management (Pennsylvania)
Pennsylvania
$841K -$34K -1,223 -4%
IIC
83
Integrated Investment Consultants
Michigan
$834K – – –
FPCP
84
Fort Point Capital Partners
California
$805K -$11.1K -398 -1%
SS
85
Sunbelt Securities
Texas
$802K +$355K +12,747 +75%
OSAM
86
O'Shaughnessy Asset Management
Connecticut
$784K +$157K +5,643 +24%
TRCT
87
Tower Research Capital (TRC)
New York
$758K +$107K +3,827 +16%
BWG
88
Balanced Wealth Group
Ohio
$757K +$38.2K +1,372 +5%
Jane Street
89
Jane Street
New York
$724K +$749K +26,918 New
Wells Fargo
90
Wells Fargo
California
$714K -$367K -13,172 -33%
GIA
91
Gladstone Institutional Advisory
Florida
$677K +$174K +6,235 +33%
NEPWA
92
New England Private Wealth Advisors
Massachusetts
$674K +$6.43K +231 +0.9%
IA
93
IFP Advisors
Florida
$671K -$10.4K -375 -1%
FWM
94
Fingerlakes Wealth Management
New York
$648K +$71.8K +2,578 +12%
Citigroup
95
Citigroup
New York
$644K +$196K +7,043 +42%
GGS
96
Galvin Gaustad & Stein
Arizona
$535K +$2.53K +91 +0.5%
LFG
97
Larson Financial Group
Missouri
$525K +$33K +1,187 +6%
IAG
98
Investmark Advisory Group
Connecticut
$520K +$16.9K +606 +3%
ASN
99
Advisory Services Network
Georgia
$462K -$11.4K -410 -2%
SSWM
100
Smith Salley Wealth Management
North Carolina
$454K +$4.71K +169 +1%
2 3
4
5 6

FREL Hedge Fund Activity: Q1 2026 in Review

202 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q1 2026, worth a combined $774M — up 50% from $515M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of FREL and 17 opened new positions — a net loss of 6 holders — while 51 trimmed existing stakes and 93 added.

The largest buyer was Bank of America, adding an estimated $285M. The largest seller was AE Wealth Management, cutting an estimated $38.1M.

  • 202 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q1 2026, down from 213 in Q4 2025.
  • Funds reported $774M of Fidelity MSCI Real Estate Index ETF stock for Q1 2026, up 50% quarter-over-quarter.
  • 17 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q1 2026 and 23 closed out, a net change of -6 holders.
  • The largest Fidelity MSCI Real Estate Index ETF buyer in Q1 2026 was Bank of America, an estimated $285M added.
  • The largest Fidelity MSCI Real Estate Index ETF seller in Q1 2026 was AE Wealth Management, an estimated $38.1M sold.

Based on aggregated 13F filings for Q1 2026.