Fidelity MSCI Real Estate Index ETF
FREL
44 hedge funds and large institutions have $67.7M invested in Fidelity MSCI Real Estate Index ETF in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 4 reducing their positions, and 6 closing their positions.
475% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 4
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
16% more funds holding
Funds holding: 38 → 44 (+6)
12.17% less ownership
Funds ownership: 40.66% → 28.49% (-12%)
29% less capital invested
Capital invested by funds: $94.9M → $67.7M (-$27.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$16.4M |
| 2 |
Morgan Stanley
New York
|
+$4.69M |
| 3 |
SG Americas Securities
New York
|
+$3.51M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.24M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$64.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.93M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.05M |
| 4 |
Goldman Sachs
New York
|
-$653K |
| 5 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
-$334K |
FREL Hedge Fund Activity: Q1 2017 in Review
44 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q1 2017, worth a combined $67.7M — down 29% from $94.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FREL positions and 6 closed out — a net gain of 7 holders — while 23 added to existing stakes and 4 trimmed.
The largest buyer was Beaumont Financial Advisors, opening a new position worth an estimated $16.4M. The largest seller was FormulaFolio Investments, cutting an estimated $64.6M.
- 44 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q1 2017, up from 38 in Q4 2016.
- Funds reported $67.7M of Fidelity MSCI Real Estate Index ETF stock for Q1 2017, down 29% quarter-over-quarter.
- 13 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q1 2017 and 6 closed out, a net change of +7 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q1 2017 was Beaumont Financial Advisors, an estimated $16.4M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q1 2017 was FormulaFolio Investments, an estimated $64.6M sold.
Based on aggregated 13F filings for Q1 2017.