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Fidelity MSCI Real Estate Index ETF

194 hedge funds and large institutions have $481M invested in Fidelity MSCI Real Estate Index ETF in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 66 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 20

9% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 66

1% less funds holding

Funds holding: 196194 (-2)

11.16% less ownership

Funds ownership: 53.9%42.74% (-11%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

38% less capital invested

Capital invested by funds: $778M → $481M (-$297M)

Holders
194
Holders Change
-2
Holders Change %
-1.02%
% of All Funds
3.09%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
22
Increased
72
Reduced
66
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$174M -$290M -11,236,712 -62%
Lido Advisors
2
Lido Advisors
California
$18.7M +$905K +35,067 +5%
RWMH
3
Riverpoint Wealth Management Holdings
Illinois
$18.2M +$1.13M +43,889 +6%
CNC
4
Citizens & Northern Corp
Pennsylvania
$15.5M +$25.2K +977 +0.2%
PFA
5
Pure Financial Advisors
California
$12.4M -$122K -4,743 -0.9%
T
6
TrueFG
Texas
$10.7M +$99.5K +3,854 +0.9%
MCM
7
MAI Capital Management
Ohio
$9.12M +$28.9K +1,120 +0.3%
Creative Planning
8
Creative Planning
Kansas
$8.13M -$296K -11,467 -3%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$7.21M -$270K -10,458 -3%
BDF
10
Black Diamond Financial
Maryland
$7M +$714K +27,652 +11%
FSC
11
Full Sail Capital
Oklahoma
$6.81M +$284K +11,015 +4%
LPL Financial
12
LPL Financial
California
$6.32M +$573K +22,198 +10%
AAS
13
Avantax Advisory Services
Texas
$6.13M +$320K +12,379 +5%
AWM
14
AE Wealth Management
Kansas
$5.88M -$107K -4,140 -2%
BTI
15
Blue Trust Inc
Georgia
$5.53M -$1.04M -40,132 -15%
CAG
16
Crestwood Advisors Group
Massachusetts
$5.33M -$142K -5,501 -3%
PWA
17
Physician Wealth Advisors
Utah
$5.16M +$220K +8,518 +4%
AWC
18
Adamsbrown Wealth Consultants
Kansas
$4.9M +$41.8K +1,619 +0.8%
HighTower Advisors
19
HighTower Advisors
Illinois
$4.71M -$389K -15,083 -7%
Morgan Stanley
20
Morgan Stanley
New York
$4.68M +$362K +14,007 +8%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$4.59M +$3.65M +141,250 +327%
Financial Engines Advisors
22
Financial Engines Advisors
California
$4.5M -$1.27M -49,028 -21%
SIA
23
Soltis Investment Advisors
Utah
$4.02M -$500K -19,379 -11%
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$3.67M -$492K -19,076 -11%
Osaic Holdings
25
Osaic Holdings
Arizona
$3.62M -$793K -30,730 -17%

FREL Hedge Fund Activity: Q1 2023 in Review

194 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q1 2023, worth a combined $481M — down 38% from $778M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new FREL positions and 20 closed out — a net gain of 2 holders — while 72 added to existing stakes and 66 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $3.65M. The largest seller was PNC Financial Services Group, cutting an estimated $290M.

  • 194 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q1 2023, down from 196 in Q4 2022.
  • Funds reported $481M of Fidelity MSCI Real Estate Index ETF stock for Q1 2023, down 38% quarter-over-quarter.
  • 22 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q1 2023 and 20 closed out, a net change of +2 holders.
  • The largest Fidelity MSCI Real Estate Index ETF buyer in Q1 2023 was Royal Bank of Canada, an estimated $3.65M added.
  • The largest Fidelity MSCI Real Estate Index ETF seller in Q1 2023 was PNC Financial Services Group, an estimated $290M sold.

Based on aggregated 13F filings for Q1 2023.