Fidelity MSCI Real Estate Index ETF
FREL
211 hedge funds and large institutions have $443M invested in Fidelity MSCI Real Estate Index ETF in 2025 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 76 increasing their positions, 76 reducing their positions, and 14 closing their positions.
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
4% more funds holding
Funds holding: 203 → 211 (+8)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 76
3.41% less ownership
Funds ownership: 45.41% → 42% (-3.4%)
29% less capital inflows, than outflows
Capital inflows: $25.6M | Capital outflows: $36.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Steward Partners Investment Advisory
New York
|
+$2.81M |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$2.73M |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$1.82M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.35M |
| 5 |
MAI Capital Management
Independence,
Ohio
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.49M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$4M |
| 3 |
Advisory Services Network
Atlanta,
Georgia
|
-$3.57M |
| 4 |
Quadrature Capital
London,
United Kingdom
|
-$2.7M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.47M |
FREL Hedge Fund Activity: Q2 2025 in Review
211 of the 7,624 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q2 2025, worth a combined $443M — down 3.5% from $459M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FREL positions and 14 closed out — a net gain of 9 holders — while 76 added to existing stakes and 76 trimmed.
The largest buyer was Steward Partners Investment Advisory, adding an estimated $2.81M. The largest seller was Envestnet Asset Management, cutting an estimated $9.49M.
- 211 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q2 2025, up from 203 in Q1 2025.
- Funds reported $443M of Fidelity MSCI Real Estate Index ETF stock for Q2 2025, down 3.5% quarter-over-quarter.
- 23 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q2 2025 and 14 closed out, a net change of +9 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q2 2025 was Steward Partners Investment Advisory, an estimated $2.81M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q2 2025 was Envestnet Asset Management, an estimated $9.49M sold.
Based on aggregated 13F filings for Q2 2025.