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First Trust S&P REIT Index Fund
FRI

47 hedge funds and large institutions have $60.9M invested in First Trust S&P REIT Index Fund in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

35% more capital invested

Capital invested by funds: $45M → $60.9M (+$15.9M)

7% more funds holding

Funds holding: 44 → 47 (+3)

0.82% more ownership

Funds ownership: 53.09% → 53.91% (+0.82%)

Holders
47
Holders Change
+3
Holders Change %
+6.82%
% of All Funds
0.82%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
17
Reduced
11
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SMF
Sterling Manor Financial
New York
+$3.68M
2
Morgan Stanley
Morgan Stanley
New York
+$2.85M
3
JIP
Jaffetilchin Investment Partners
Florida
+$1.92M
4
SWP
Stratos Wealth Partners
Ohio
+$1.31M
5
Wells Fargo
Wells Fargo
California
+$1.29M

Top Sellers

Rank Fund Capital Flow
1
BFEC
Benjamin F. Edwards & Company
Missouri
-$1.56M
2
Stifel Financial
Stifel Financial
Missouri
-$672K
3
Creative Planning
Creative Planning
Kansas
-$465K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$428K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$138K
Name Holding Trade Value Shares
Change 		Change in
Stake
DWA
26
Delos Wealth Advisors
Texas
$373K +$362K +13,291 New
BFA
27
Beacon Financial Advisory
Ohio
$368K +$464 +17 +0.1%
HIS
28
Harvest Investment Services
Illinois
$359K +$4.04K +148 +1%
TRCT
29
Tower Research Capital (TRC)
New York
$339K +$320K +11,746 +3,475%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$258K +$251K +9,200 New
CCM
31
Covington Capital Management
California
$236K +$230K +8,424 New
Cerity Partners
32
Cerity Partners
New York
$206K +$201K +7,361 New
Fifth Third Bancorp
33
Fifth Third Bancorp
Ohio
$56K – – –
HI
34
Harbour Investments
Wisconsin
$45K +$55 +2 +0.1%
AWA
35
Arkadios Wealth Advisors
Georgia
$37K -$45.8K -1,678 -56%
APA
36
American Portfolios Advisors
New York
$36.4K – – –
SPIA
37
Steward Partners Investment Advisory
New York
$30K +$14.3K +523 +98%
CFGS
38
Concourse Financial Group Securities
Alabama
$25K – – –
Barclays
39
Barclays
United Kingdom
$25K +$24K +879 New
HCP
40
Hexagon Capital Partners
Arkansas
$21K – – –
Carson Wealth (CWM LLC)
41
Carson Wealth (CWM LLC)
Nebraska
$19K – – –
GWM
42
Geneos Wealth Management
Colorado
$11K – – –
Citigroup
43
Citigroup
New York
$10K – – –
SPWG
44
Sage Private Wealth Group
Illinois
$6K – – –
LFG
45
Larson Financial Group
Missouri
$1K -$1.17K -43 -68%
NFG
46
Next Financial Group
Texas
$1K – – –
Creative Planning
47
Creative Planning
Kansas
– -$465K -18,448 Closed
Susquehanna International Group
48
Susquehanna International Group
Pennsylvania
– -$428K -16,999 Closed
IAIM
49
International Assets Investment Management
Florida
– -$105K -4,530 Closed
WAP
50
Wealthcare Advisory Partners
Pennsylvania
– -$15K -600 Closed
1
2
3

FRI Hedge Fund Activity: Q2 2021 in Review

47 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2021, worth a combined $60.9M — up 35% from $45M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FRI positions and 7 closed out — a net gain of 3 holders — while 17 added to existing stakes and 11 trimmed.

The largest buyer was Sterling Manor Financial, opening a new position worth an estimated $3.68M. The largest seller was Benjamin F. Edwards & Company, cutting an estimated $1.56M.

  • 47 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2021, up from 44 in Q1 2021.
  • Funds reported $60.9M of First Trust S&P REIT Index Fund stock for Q2 2021, up 35% quarter-over-quarter.
  • 10 funds opened new First Trust S&P REIT Index Fund positions in Q2 2021 and 7 closed out, a net change of +3 holders.
  • The largest First Trust S&P REIT Index Fund buyer in Q2 2021 was Sterling Manor Financial, an estimated $3.68M added.
  • The largest First Trust S&P REIT Index Fund seller in Q2 2021 was Benjamin F. Edwards & Company, an estimated $1.56M sold.

Based on aggregated 13F filings for Q2 2021.