Fidelity MSCI Real Estate Index ETF
FREL
145 hedge funds and large institutions have $263M invested in Fidelity MSCI Real Estate Index ETF in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 51 reducing their positions, and 34 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 51
6.16% less ownership
Funds ownership: 42.77% → 36.61% (-6.2%)
8% less funds holding
Funds holding: 158 → 145 (-13)
24% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 34
40% less capital invested
Capital invested by funds: $436M → $263M (-$173M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$7M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
+$6.92M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$6.22M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.88M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$36M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$17.2M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$17.2M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$8.99M |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$6.65M |
FREL Hedge Fund Activity: Q1 2020 in Review
145 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q1 2020, worth a combined $263M — down 40% from $436M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of FREL and 26 opened new positions — a net loss of 8 holders — while 51 trimmed existing stakes and 51 added.
The largest buyer was Traphagen Investment Advisors, opening a new position worth an estimated $7M. The largest seller was FormulaFolio Investments, cutting an estimated $36M.
- 145 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q1 2020, down from 158 in Q4 2019.
- Funds reported $263M of Fidelity MSCI Real Estate Index ETF stock for Q1 2020, down 40% quarter-over-quarter.
- 26 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q1 2020 and 34 closed out, a net change of -8 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q1 2020 was Traphagen Investment Advisors, an estimated $7M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q1 2020 was FormulaFolio Investments, an estimated $36M sold.
Based on aggregated 13F filings for Q1 2020.