Fidelity MSCI Real Estate Index ETF
FREL
38 hedge funds and large institutions have $94.9M invested in Fidelity MSCI Real Estate Index ETF in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
6% more funds holding
Funds holding: 36 → 38 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.89% less ownership
Funds ownership: 50.56% → 40.66% (-9.9%)
18% less capital invested
Capital invested by funds: $116M → $94.9M (-$20.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$10.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.9M |
| 3 |
Goldman Sachs
New York
|
+$1.17M |
| 4 |
PFA
Pure Financial Advisors
San Diego,
California
|
+$1.05M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$13.2M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$9.76M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.55M |
| 4 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
-$2.68M |
| 5 |
Jane Street
New York
|
-$2.6M |
FREL Hedge Fund Activity: Q4 2016 in Review
38 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q4 2016, worth a combined $94.9M — down 18% from $116M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FREL positions and 8 closed out — a net gain of 3 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was FormulaFolio Investments, adding an estimated $10.1M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $13.2M sold.
- 38 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q4 2016, up from 36 in Q3 2016.
- Funds reported $94.9M of Fidelity MSCI Real Estate Index ETF stock for Q4 2016, down 18% quarter-over-quarter.
- 11 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q4 2016 and 8 closed out, a net change of +3 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q4 2016 was FormulaFolio Investments, an estimated $10.1M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q4 2016 was Envestnet Asset Management, an estimated $13.2M sold.
Based on aggregated 13F filings for Q4 2016.