Fidelity MSCI Real Estate Index ETF
FREL
198 hedge funds and large institutions have $386M invested in Fidelity MSCI Real Estate Index ETF in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 71 increasing their positions, 72 reducing their positions, and 15 closing their positions.
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
2% more funds holding
Funds holding: 195 → 198 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 72
4.78% less ownership
Funds ownership: 42.74% → 37.97% (-4.8%)
22% less capital invested
Capital invested by funds: $497M → $386M (-$111M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$2.04M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$1.84M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.59M |
| 4 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$1.23M |
| 5 |
CNC
Citizens & Northern Corp
Wellsboro,
Pennsylvania
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$92.5M |
| 2 |
AWC
Adamsbrown Wealth Consultants
Wichita,
Kansas
|
-$4.33M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.24M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.59M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.43M |
FREL Hedge Fund Activity: Q2 2023 in Review
198 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q2 2023, worth a combined $386M — down 22% from $497M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FREL positions and 15 closed out — a net gain of 7 holders — while 71 added to existing stakes and 72 trimmed.
The largest buyer was Dynamic Advisor Solutions, adding an estimated $2.04M. The largest seller was PNC Financial Services Group, cutting an estimated $92.5M.
- 198 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q2 2023, up from 195 in Q1 2023.
- Funds reported $386M of Fidelity MSCI Real Estate Index ETF stock for Q2 2023, down 22% quarter-over-quarter.
- 22 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q2 2023 and 15 closed out, a net change of +7 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q2 2023 was Dynamic Advisor Solutions, an estimated $2.04M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q2 2023 was PNC Financial Services Group, an estimated $92.5M sold.
Based on aggregated 13F filings for Q2 2023.