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First Trust S&P REIT Index Fund
FRI

56 hedge funds and large institutions have $219M invested in First Trust S&P REIT Index Fund in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 8 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

275% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 8

267% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 3

100% more funds holding in top 10

Funds holding in top 10: 2 → 4 (+2)

43% more capital invested

Capital invested by funds: $153M → $219M (+$66M)

17% more funds holding

Funds holding: 48 → 56 (+8)

5.55% more ownership

Funds ownership: 63.92% → 69.47% (+5.6%)

Holders
56
Holders Change
+8
Holders Change %
+16.67%
% of All Funds
1.49%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.11%
New
11
Increased
30
Reduced
8
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
NA
Navellier & Associates
Nevada
+$14.9M
2
Wells Fargo
Wells Fargo
California
+$9.6M
3
Morgan Stanley
Morgan Stanley
New York
+$9.56M
4
Bank of America
Bank of America
North Carolina
+$6.18M
5
BTS
BB&T Securities
Virginia
+$5.92M

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$2.41M
2
Goldman Sachs
Goldman Sachs
New York
-$1.06M
3
RPG
Risk Paradigm Group
Texas
-$857K
4
FHA
First Horizon Advisors
Tennessee
-$666K
5
HA
Hays Advisory
Tennessee
-$624K
Name Holding Trade Value Shares
Change 		Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$946K +$129K +5,524 +17%
Jane Street
27
Jane Street
New York
$902K +$63.5K +2,721 +8%
IH
28
IFC Holdings
Florida
$809K +$46.3K +1,986 +6%
RPG
29
Risk Paradigm Group
Texas
$746K -$857K -36,726 -55%
Susquehanna International Group
30
Susquehanna International Group
Pennsylvania
$707K +$261K +11,204 +64%
LTFS
31
Ladenburg Thalmann Financial Services
Florida
$577K +$9.1K +390 +2%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$489K +$77.3K +3,314 +20%
CAN
33
Cetera Advisor Networks
California
$457K +$7.04K +302 +2%
IA
34
IFP Advisors
Florida
$454K +$426K +18,256 +12,590%
HFS
35
HL Financial Services
Kentucky
$454K +$429K +18,390 New
CPIG
36
Chicago Partners Investment Group
Illinois
$290K +$210 +9 +0.1%
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$266K +$252K +10,797 New
CIM
38
Confluence Investment Management
Missouri
$242K +$229K +9,800 New
SG Americas Securities
39
SG Americas Securities
New York
$207K +$196K +8,400 New
SG
40
Societe Generale
$207K +$196K +8,400 New
MFS
41
MSI Financial Services
Massachusetts
$155K -$97.3K -4,169 -40%
AG
42
Advisor Group
Arizona
$151K +$143K +6,140 New
Fifth Third Bancorp
43
Fifth Third Bancorp
Ohio
$99K – – –
WA
44
WFG Advisors
Texas
$76K +$373 +16 +0.5%
JP Morgan Chase
45
JP Morgan Chase
New York
$70K +$59.1K +2,535 +845%
AP
46
Advisors Preferred
Maryland
$63K +$28.4K +1,219 +92%
Citigroup
47
Citigroup
New York
$50K +$653 +28 +1%
AWMS
48
Advocacy Wealth Management Services
Georgia
$49K -$2.26K -97 -5%
Bank of Montreal
49
Bank of Montreal
Ontario, Canada
$47K +$7.33K +314 +20%
GWM
50
Geneos Wealth Management
Colorado
$33K – – –
1
2
3

FRI Hedge Fund Activity: Q2 2016 in Review

56 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2016, worth a combined $219M — up 43% from $153M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FRI positions and 3 closed out — a net gain of 8 holders — while 30 added to existing stakes and 8 trimmed.

The largest buyer was Navellier & Associates, opening a new position worth an estimated $14.9M. The largest seller was LPL Financial, cutting an estimated $2.41M.

  • 56 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2016, up from 48 in Q1 2016.
  • Funds reported $219M of First Trust S&P REIT Index Fund stock for Q2 2016, up 43% quarter-over-quarter.
  • 11 funds opened new First Trust S&P REIT Index Fund positions in Q2 2016 and 3 closed out, a net change of +8 holders.
  • The largest First Trust S&P REIT Index Fund buyer in Q2 2016 was Navellier & Associates, an estimated $14.9M added.
  • The largest First Trust S&P REIT Index Fund seller in Q2 2016 was LPL Financial, an estimated $2.41M sold.

Based on aggregated 13F filings for Q2 2016.