Fidelity MSCI Real Estate Index ETF
FREL
158 hedge funds and large institutions have $771M invested in Fidelity MSCI Real Estate Index ETF in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 61 increasing their positions, 44 reducing their positions, and 13 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 44
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
10% more capital invested
Capital invested by funds: $702M → $771M (+$68.9M)
3% more funds holding
Funds holding: 154 → 158 (+4)
1.61% less ownership
Funds ownership: 58.58% → 56.98% (-1.6%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$24.6M |
| 2 |
WSFS
Wilmington Savings Fund Society
Wilmington,
Delaware
|
+$8.69M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$5.88M |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$2.8M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$25.9M |
| 2 |
BCM
Beaumont Capital Management
Boston,
Massachusetts
|
-$6.75M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.51M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.41M |
| 5 |
PCS
Personal CFO Solutions
Chester,
New Jersey
|
-$1.29M |
FREL Hedge Fund Activity: Q1 2021 in Review
158 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q1 2021, worth a combined $771M — up 9.8% from $702M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FREL positions and 13 closed out — a net gain of 5 holders — while 61 added to existing stakes and 44 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $24.6M. The largest seller was FormulaFolio Investments, cutting an estimated $25.9M.
- 158 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q1 2021, up from 154 in Q4 2020.
- Funds reported $771M of Fidelity MSCI Real Estate Index ETF stock for Q1 2021, up 9.8% quarter-over-quarter.
- 18 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q1 2021 and 13 closed out, a net change of +5 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q1 2021 was PNC Financial Services Group, an estimated $24.6M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q1 2021 was FormulaFolio Investments, an estimated $25.9M sold.
Based on aggregated 13F filings for Q1 2021.