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First Trust S&P REIT Index Fund
FRI

56 hedge funds and large institutions have $282M invested in First Trust S&P REIT Index Fund in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 11

108% more capital invested

Capital invested by funds: $135M → $282M (+$146M)

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

22.85% more ownership

Funds ownership: 50.98% → 73.83% (+23%)

6% more funds holding

Funds holding: 53 → 56 (+3)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

Holders
56
Holders Change
+3
Holders Change %
+5.66%
% of All Funds
1.49%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
11
Increased
23
Reduced
11
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FSIM
F-Squared Investment Management
Massachusetts
+$74.9M
2
Bank of America
Bank of America
North Carolina
+$11.2M
3
BTS
BB&T Securities
Virginia
+$3.27M
4
LPL Financial
LPL Financial
California
+$2.68M
5
Goldman Sachs
Goldman Sachs
New York
+$2.47M

Top Sellers

Rank Fund Capital Flow
1
SAM
Shamrock Asset Management
Texas
-$4.97M
2
VKH
Virtu KCG Holdings
New York
-$3.12M
3
FHA
First Horizon Advisors
Tennessee
-$2.28M
4
SG Americas Securities
SG Americas Securities
New York
-$1.68M
5
VF
Virtu Financial
New York
-$1.44M
Name Holding Trade Value Shares
Change 		Change in
Stake
US Bancorp
26
US Bancorp
Minnesota
$668K – – –
Ameriprise
27
Ameriprise
Minnesota
$599K +$34.9K +1,624 +6%
VF
28
Virtu Financial
New York
$598K -$1.44M -66,981 -71%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$415K +$72.4K +3,371 +22%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$385K -$72.5K -3,377 -16%
HFS
31
HL Financial Services
Kentucky
$343K -$546K -25,441 -62%
ACM
32
Argentus Capital Management
Texas
$321K +$88.8K +4,137 +40%
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$259K -$40.2K -1,873 -14%
Janney Montgomery Scott
34
Janney Montgomery Scott
Pennsylvania
$207K +$200K +9,291 New
AIG
35
American International Group
New York
$173K -$35.2K -1,638 -17%
LTFS
36
Ladenburg Thalmann Financial Services
Florida
$154K -$53K -2,469 -26%
MFS
37
MSI Financial Services
Massachusetts
$147K -$6.57K -306 -4%
AP
38
Advisors Preferred
Maryland
$134K +$129K +6,016 New
CPIG
39
Chicago Partners Investment Group
Illinois
$117K +$113K +5,241 New
BFEC
40
Benjamin F. Edwards & Company
Missouri
$90K -$1.7K -79 -2%
Fifth Third Bancorp
41
Fifth Third Bancorp
Ohio
$89K – – –
BRWM
42
B. Riley Wealth Management
Tennessee
$70K – – –
WA
43
WFG Advisors
Texas
$66K +$623 +29 +1%
BCM
44
Blume Capital Management
California
$59K – – –
Deutsche Bank
45
Deutsche Bank
Germany
$48K – – –
Citigroup
46
Citigroup
New York
$39K +$472 +22 +1%
SF
47
Synovus Financial
Georgia
$27K +$25.8K +1,200 New
TRCT
48
Tower Research Capital (TRC)
New York
$27K +$26.4K +1,230 New
WEC
49
Winslow Evans & Crocker
Massachusetts
$14K +$4.94K +230 +58%
NES
50
New England Securities
New York
$14K +$3.11K +145 +30%
1
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FRI Hedge Fund Activity: Q4 2014 in Review

56 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q4 2014, worth a combined $282M — up 108% from $135M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FRI positions and 7 closed out — a net gain of 4 holders — while 23 added to existing stakes and 11 trimmed.

The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $74.9M. The largest seller was Shamrock Asset Management, cutting an estimated $4.97M.

  • 56 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q4 2014, up from 53 in Q3 2014.
  • Funds reported $282M of First Trust S&P REIT Index Fund stock for Q4 2014, up 108% quarter-over-quarter.
  • 11 funds opened new First Trust S&P REIT Index Fund positions in Q4 2014 and 7 closed out, a net change of +4 holders.
  • The largest First Trust S&P REIT Index Fund buyer in Q4 2014 was F-Squared Investment Management, an estimated $74.9M added.
  • The largest First Trust S&P REIT Index Fund seller in Q4 2014 was Shamrock Asset Management, an estimated $4.97M sold.

Based on aggregated 13F filings for Q4 2014.