First Trust S&P REIT Index Fund
FRI
60 hedge funds and large institutions have $128M invested in First Trust S&P REIT Index Fund in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 11 reducing their positions, and 7 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 11
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
13% more funds holding
Funds holding: 53 → 60 (+7)
12% more capital invested
Capital invested by funds: $114M → $128M (+$14M)
2.71% more ownership
Funds ownership: 61.55% → 64.26% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$7.66M |
| 2 |
Morgan Stanley
New York
|
+$3.07M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.82M |
| 4 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
+$1.54M |
| 5 |
PCM
Peak Capital Management
Greenwood Village,
Colorado
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$4.03M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.05M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$503K |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$498K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$386K |
FRI Hedge Fund Activity: Q4 2019 in Review
60 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q4 2019, worth a combined $128M — up 12% from $114M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FRI positions and 7 closed out — a net gain of 7 holders — while 25 added to existing stakes and 11 trimmed.
The largest buyer was LPL Financial, adding an estimated $7.66M. The largest seller was Pinnacle Family Advisors, cutting an estimated $4.03M.
- 60 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q4 2019, up from 53 in Q3 2019.
- Funds reported $128M of First Trust S&P REIT Index Fund stock for Q4 2019, up 12% quarter-over-quarter.
- 14 funds opened new First Trust S&P REIT Index Fund positions in Q4 2019 and 7 closed out, a net change of +7 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q4 2019 was LPL Financial, an estimated $7.66M added.
- The largest First Trust S&P REIT Index Fund seller in Q4 2019 was Pinnacle Family Advisors, an estimated $4.03M sold.
Based on aggregated 13F filings for Q4 2019.