Fidelity MSCI Real Estate Index ETF
FREL
205 hedge funds and large institutions have $373M invested in Fidelity MSCI Real Estate Index ETF in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 67 increasing their positions, 67 reducing their positions, and 11 closing their positions.
264% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 11
15% more funds holding
Funds holding: 178 → 205 (+27)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% less ownership
Funds ownership: 36.91% → 36.9% (-0%)
0% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 67
28% less capital inflows, than outflows
Capital inflows: $39.3M | Capital outflows: $54.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.25M |
| 2 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$2.06M |
| 3 |
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$2.06M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.01M |
| 5 |
AE Wealth Management
Topeka,
Kansas
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$17.8M |
| 2 |
Riverpoint Wealth Management Holdings
Chicago,
Illinois
|
-$9.26M |
| 3 |
Full Sail Capital
Oklahoma City,
Oklahoma
|
-$4.71M |
| 4 |
American Trust
Lexington,
Kentucky
|
-$3.15M |
| 5 |
Crestwood Advisors Group
Boston,
Massachusetts
|
-$2.14M |
FREL Hedge Fund Activity: Q4 2023 in Review
205 of the 6,876 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q4 2023, worth a combined $373M — up 11% from $335M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FREL positions and 11 closed out — a net gain of 29 holders — while 67 added to existing stakes and 67 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $2.25M. The largest seller was PNC Financial Services Group, cutting an estimated $17.8M.
- 205 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q4 2023, up from 178 in Q3 2023.
- Funds reported $373M of Fidelity MSCI Real Estate Index ETF stock for Q4 2023, up 11% quarter-over-quarter.
- 40 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q4 2023 and 11 closed out, a net change of +29 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q4 2023 was Goldman Sachs, an estimated $2.25M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q4 2023 was PNC Financial Services Group, an estimated $17.8M sold.
Based on aggregated 13F filings for Q4 2023.