Fidelity MSCI Real Estate Index ETF
FREL
211 hedge funds and large institutions have $849M invested in Fidelity MSCI Real Estate Index ETF in 2026 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 87 increasing their positions, 60 reducing their positions, and 24 closing their positions.
46% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 24
45% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 60
9% more capital invested
Capital invested by funds: $775M → $849M (+$73.6M)
3% more funds holding
Funds holding: 204 → 211 (+7)
0.66% more ownership
Funds ownership: 57.7% → 58.35% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAS
Diversify Advisory Services
Sandy,
Utah
|
+$10.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.96M |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$4.21M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$2.38M |
| 5 |
GVCM
Global View Capital Management
Waukesha,
Wisconsin
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$15.5M |
| 2 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$5.57M |
| 3 |
CNC
Citizens & Northern Corp
Wellsboro,
Pennsylvania
|
-$4.82M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.73M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.9M |
FREL Hedge Fund Activity: Q2 2026 in Review
211 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Fidelity MSCI Real Estate Index ETF (FREL) for Q2 2026, worth a combined $849M — up 9.5% from $775M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FREL positions and 24 closed out — a net gain of 11 holders — while 87 added to existing stakes and 60 trimmed.
The largest buyer was Diversify Advisory Services, opening a new position worth an estimated $10.1M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $15.5M sold.
- 211 institutional investors held Fidelity MSCI Real Estate Index ETF (FREL) as of Q2 2026, up from 204 in Q1 2026.
- Funds reported $849M of Fidelity MSCI Real Estate Index ETF stock for Q2 2026, up 9.5% quarter-over-quarter.
- 35 funds opened new Fidelity MSCI Real Estate Index ETF positions in Q2 2026 and 24 closed out, a net change of +11 holders.
- The largest Fidelity MSCI Real Estate Index ETF buyer in Q2 2026 was Diversify Advisory Services, an estimated $10.1M added.
- The largest Fidelity MSCI Real Estate Index ETF seller in Q2 2026 was Two Sigma Investments, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2026.