Fidelity MSCI Real Estate Index ETF
FREL
84 hedge funds and large institutions have $344M invested in Fidelity MSCI Real Estate Index ETF in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 20 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
100% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 20
80% more capital invested
Capital invested by funds: $191M → $344M (+$153M)
15% more funds holding
Funds holding: 73 → 84 (+11)
13.74% more ownership
Funds ownership: 43.17% → 56.91% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$115M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$26.8M |
| 3 |
PFA
Pure Financial Advisors
San Diego,
California
|
+$12.3M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$4.37M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$12.2M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$4.02M |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$3.63M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.12M |
| 5 |
DWA
Divergent Wealth Advisors
South Jordan,
Utah
|
-$1.68M |
FREL Hedge Fund Activity: Q3 2018 in Review
84 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q3 2018, worth a combined $344M — up 80% from $191M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FREL positions and 7 closed out — a net gain of 11 holders — while 40 added to existing stakes and 20 trimmed.
The largest buyer was FormulaFolio Investments, adding an estimated $115M. The largest seller was Beaumont Financial Advisors, cutting an estimated $12.2M.
- 84 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q3 2018, up from 73 in Q2 2018.
- Funds reported $344M of Fidelity MSCI Real Estate Index ETF stock for Q3 2018, up 80% quarter-over-quarter.
- 18 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q3 2018 and 7 closed out, a net change of +11 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q3 2018 was FormulaFolio Investments, an estimated $115M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q3 2018 was Beaumont Financial Advisors, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2018.