Fidelity MSCI Real Estate Index ETF
FREL
140 hedge funds and large institutions have $517M invested in Fidelity MSCI Real Estate Index ETF in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 54 reducing their positions, and 25 closing their positions.
96% more capital invested
Capital invested by funds: $263M → $517M (+$254M)
15.42% more ownership
Funds ownership: 36.61% → 52.03% (+15%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 145 → 140 (-5)
17% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 54
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$233M |
| 2 |
WSFS
Wilmington Savings Fund Society
Wilmington,
Delaware
|
+$23M |
| 3 |
CNC
Citizens & Northern Corp
Wellsboro,
Pennsylvania
|
+$11.8M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$9.58M |
| 5 |
Goldman Sachs
New York
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$28.7M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.58M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.32M |
| 4 |
SS
Sunbelt Securities
Houston,
Texas
|
-$3.79M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.28M |
FREL Hedge Fund Activity: Q2 2020 in Review
140 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q2 2020, worth a combined $517M — up 96% from $263M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FREL and 20 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 45 added.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $233M. The largest seller was FormulaFolio Investments, cutting an estimated $28.7M.
- 140 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q2 2020, down from 145 in Q1 2020.
- Funds reported $517M of Fidelity MSCI Real Estate Index ETF stock for Q2 2020, up 96% quarter-over-quarter.
- 20 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q2 2020 and 25 closed out, a net change of -5 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q2 2020 was PNC Financial Services Group, an estimated $233M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q2 2020 was FormulaFolio Investments, an estimated $28.7M sold.
Based on aggregated 13F filings for Q2 2020.