Fidelity MSCI Real Estate Index ETF
FREL
154 hedge funds and large institutions have $702M invested in Fidelity MSCI Real Estate Index ETF in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 53 increasing their positions, 45 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
18% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 45
16% more capital invested
Capital invested by funds: $606M → $702M (+$96.4M)
8% more funds holding
Funds holding: 142 → 154 (+12)
2.06% more ownership
Funds ownership: 56.53% → 58.58% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$34.9M |
| 2 |
WSFS
Wilmington Savings Fund Society
Wilmington,
Delaware
|
+$5.74M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.15M |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$1.46M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$839K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMG
Asset Management Group
Stamford,
Connecticut
|
-$2.77M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$2.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.51M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.89M |
| 5 |
Jane Street
New York
|
-$1.71M |
FREL Hedge Fund Activity: Q4 2020 in Review
154 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q4 2020, worth a combined $702M — up 16% from $606M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FREL positions and 11 closed out — a net gain of 12 holders — while 53 added to existing stakes and 45 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $34.9M. The largest seller was Asset Management Group, cutting an estimated $2.77M.
- 154 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q4 2020, up from 142 in Q3 2020.
- Funds reported $702M of Fidelity MSCI Real Estate Index ETF stock for Q4 2020, up 16% quarter-over-quarter.
- 23 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q4 2020 and 11 closed out, a net change of +12 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q4 2020 was PNC Financial Services Group, an estimated $34.9M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q4 2020 was Asset Management Group, an estimated $2.77M sold.
Based on aggregated 13F filings for Q4 2020.