We are live on ! Find out more
FREL icon

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
SPC
101
Sigma Planning Corp
Michigan
$482K -$644K -27,034 -60%
CTA
102
Colonial Trust Advisors
South Carolina
$465K -$73K -3,066 -15%
CAM
103
Clarity Asset Management
Iowa
$458K +$409K +17,180 New
GRP
104
Global Retirement Partners
California
$455K +$33.8K +1,418 +9%
SSWM
105
Smith Salley Wealth Management
North Carolina
$451K +$572 +24 +0.1%
SS
106
Sunbelt Securities
Texas
$451K -$94.5K -3,970 -19%
RCAG
107
Rehmann Capital Advisory Group
Michigan
$439K -$57.6K -2,420 -13%
TC
108
TownSquare Capital
Utah
$398K -$21K -883 -6%
AFP
109
Ausdal Financial Partners
Iowa
$398K -$17.2K -724 -5%
DFG
110
Demars Financial Group
Washington
$392K -$312K -13,103 -47%
OIA
111
OneDigital Investment Advisors
Kansas
$383K +$66.7K +2,799 +24%
IAG
112
Investmark Advisory Group
Connecticut
$379K -$93.5K -3,926 -22%
CT
113
Colonial Trust
South Carolina
$378K +$8.38K +352 +3%
AF
114
Apexium Financial
Texas
$369K -$314K -13,192 -49%
GWM
115
Grand Wealth Management
Michigan
$363K -$61.5K -2,581 -16%
PWM
116
Penobscot Wealth Management
Maine
$349K +$311K +13,080 New
MFG
117
Merit Financial Group
Georgia
$340K +$3.14K +132 +1%
MWM
118
Modera Wealth Management
New Jersey
$335K -$85.5K -3,589 -22%
NA
119
NewEdge Advisors
Louisiana
$332K +$1.62K +68 +0.5%
DI
120
Disciplined Investments
Oklahoma
$311K – – –
ACA
121
Atlas Capital Advisors
Wyoming
$301K +$14K +589 +5%
PCH
122
PGIM Custom Harvest
New Jersey
$251K – – –
Susquehanna International Group
123
Susquehanna International Group
Pennsylvania
$250K +$223K +9,380 New
LA
124
Lynch & Associates
Indiana
$245K +$219K +9,202 New
PIAS
125
PCA Investment Advisory Services
Ohio
$243K -$91.7K -3,852 -30%
3 4
5
6 7

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.