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Fidelity MSCI Real Estate Index ETF
FREL

204 hedge funds and large institutions have $375M invested in Fidelity MSCI Real Estate Index ETF in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 67 increasing their positions, 67 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

264% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 11

15% more funds holding

Funds holding: 177 → 204 (+27)

12% more capital invested

Capital invested by funds: $335M → $375M (+$40.6M)

0.28% more ownership

Funds ownership: 36.89% → 37.17% (+0.28%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 67

Holders
204
Holders Change
+27
Holders Change %
+15.25%
% of All Funds
2.97%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
40
Increased
67
Reduced
67
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Goldman Sachs
Goldman Sachs
New York
+$2.25M
2
BCI
Brinker Capital Investments
Pennsylvania
+$2.06M
3
OPS
Orion Portfolio Solutions
Nebraska
+$2.06M
4
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$2.01M
5
AWM
AE Wealth Management
Kansas
+$1.99M

Top Sellers

1
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$17.8M
2
RWMH
Riverpoint Wealth Management Holdings
Illinois
-$9.26M
3
FSC
Full Sail Capital
Oklahoma
-$4.71M
4
AT
American Trust
Kentucky
-$3.15M
5
CAG
Crestwood Advisors Group
Massachusetts
-$2.14M
Name Holding Trade Value Shares
Change 		Change in
Stake
TIM
76
Tortoise Investment Management
New York
$859K -$388K -16,308 -34%
AM
77
AGF Management
Ontario, Canada
$848K +$225K +9,429 +42%
IIC
78
Integrated Investment Consultants
Michigan
$826K -$194K -8,167 -21%
BWM
79
Birchcreek Wealth Management
Ohio
$785K +$62.1K +2,606 +10%
HAG
80
HF Advisory Group
Maryland
$763K +$65K +2,728 +11%
STB
81
S&T Bank
Pennsylvania
$738K -$14.6K -615 -2%
RSWM
82
Robertson Stephens Wealth Management
California
$716K +$640K +26,877 New
BWG
83
Balanced Wealth Group
Ohio
$683K +$611K +25,644 New
KAS
84
Kestra Advisory Services
Texas
$674K +$130K +5,476 +28%
FM
85
Foster & Motley
Ohio
$659K +$95.2K +3,996 +19%
MWM
86
Mission Wealth Management
California
$657K -$193K -8,116 -25%
EWA
87
EP Wealth Advisors
California
$651K +$40.5K +1,702 +7%
AWS
88
Atria Wealth Solutions
New York
$647K +$31.4K +1,317 +6%
BCM
89
Brookstone Capital Management
Illinois
$630K -$217K -9,124 -28%
TCM
90
Tufton Capital Management
Maryland
$613K -$29.3K -1,231 -5%
Jane Street
91
Jane Street
New York
$582K +$520K +21,833 New
Bank of America
92
Bank of America
North Carolina
$568K -$141K -5,927 -22%
Ameriprise
93
Ameriprise
Minnesota
$568K +$51.3K +2,153 +11%
BWM
94
BCS Wealth Management
Tennessee
$566K +$48.3K +2,028 +11%
PFA
95
Pathway Financial Advisers
Indiana
$544K +$6.71K +282 +1%
Wells Fargo
96
Wells Fargo
California
$541K -$118K -4,940 -20%
NFP
97
NorthLanding Financial Partners
New York
$540K -$5.88K -247 -1%
KP
98
Keel Point
Alabama
$533K +$178K +7,473 +60%
CAL
99
Capital Analysts LLC
Pennsylvania
$528K -$99.4K -4,176 -17%
JWCA
100
J.W. Cole Advisors
Florida
$497K -$76.3K -3,205 -15%
2 3
4
5 6

FREL Hedge Fund Activity: Q4 2023 in Review

204 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q4 2023, worth a combined $375M — up 12% from $335M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new FREL positions and 11 closed out — a net gain of 29 holders — while 67 added to existing stakes and 67 trimmed.

The largest buyer was Goldman Sachs, opening a new position worth an estimated $2.25M. The largest seller was PNC Financial Services Group, cutting an estimated $17.8M.

  • 204 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q4 2023, up from 177 in Q3 2023.
  • Funds reported $375M of Fidelity MSCI Real Estate Index ETF stock for Q4 2023, up 12% quarter-over-quarter.
  • 40 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q4 2023 and 11 closed out, a net change of +29 holders.
  • The largest Fidelity MSCI Real Estate Index ETF buyer in Q4 2023 was Goldman Sachs, an estimated $2.25M added.
  • The largest Fidelity MSCI Real Estate Index ETF seller in Q4 2023 was PNC Financial Services Group, an estimated $17.8M sold.

Based on aggregated 13F filings for Q4 2023.