We are live on ! Find out more
FRI icon

First Trust S&P REIT Index Fund
FRI

58 hedge funds and large institutions have $124M invested in First Trust S&P REIT Index Fund in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 2

329% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 7

104% more capital invested

Capital invested by funds: $60.9M → $124M (+$63.5M)

23% more funds holding

Funds holding: 47 → 58 (+11)

6.39% more ownership

Funds ownership: 53.91% → 60.3% (+6.4%)

Holders
58
Holders Change
+11
Holders Change %
+23.4%
% of All Funds
1.02%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
30
Reduced
7
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$19.5M
2
Morgan Stanley
Morgan Stanley
New York
+$10M
3
Truist Financial
Truist Financial
North Carolina
+$6.51M
4
UBS Group
UBS Group
Switzerland
+$3.54M
5
PFA
Pinnacle Family Advisors
Missouri
+$3.38M

Top Sellers

Rank Fund Capital Flow
1
DWA
Delos Wealth Advisors
Texas
-$373K
2
Goldman Sachs
Goldman Sachs
New York
-$286K
3
TRCT
Tower Research Capital (TRC)
New York
-$151K
4
Bank of America
Bank of America
North Carolina
-$134K
5
AFP
Ausdal Financial Partners
Iowa
-$43.3K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$732K +$285K +9,766 +61%
HighTower Advisors
27
HighTower Advisors
Illinois
$720K -$34.7K -1,188 -4%
DWMG
28
DB Wealth Management Group
California
$678K +$13.5K +462 +2%
Citadel Advisors
29
Citadel Advisors
Florida
$643K +$664K +22,724 New
KAS
30
Kestra Advisory Services
Texas
$621K +$642K +21,959 New
HR
31
Hayden Royal
North Carolina
$586K +$605K +20,709 New
Creative Planning
32
Creative Planning
Kansas
$505K +$522K +17,868 New
AFP
33
Ausdal Financial Partners
Iowa
$484K -$43.3K -1,482 -8%
RJA
34
Raymond James & Associates
Florida
$435K +$37.7K +1,291 +9%
Baird Financial Group
35
Baird Financial Group
Wisconsin
$415K -$9.44K -323 -2%
Goldman Sachs
36
Goldman Sachs
New York
$375K -$286K -9,785 -42%
BFA
37
Beacon Financial Advisory
Ohio
$372K +$438 +15 +0.1%
CF
38
Centaurus Financial
California
$334K +$345K +11,801 New
CC
39
Cypress Capital
Tennessee
$314K +$325K +11,111 New
Jane Street
40
Jane Street
New York
$279K +$288K +9,849 New
FEG
41
Financial Enhancement Group
Indiana
$246K +$254K +8,690 New
CCM
42
Covington Capital Management
California
$238K – – –
Cerity Partners
43
Cerity Partners
New York
$209K +$877 +30 +0.4%
TRCT
44
Tower Research Capital (TRC)
New York
$196K -$151K -5,168 -43%
Fifth Third Bancorp
45
Fifth Third Bancorp
Ohio
$57K – – –
HI
46
Harbour Investments
Wisconsin
$46K +$58 +2 +0.1%
APA
47
American Portfolios Advisors
New York
$36.7K – – –
Barclays
48
Barclays
United Kingdom
$33K +$8.12K +278 +32%
SPIA
49
Steward Partners Investment Advisory
New York
$30K – – –
CFGS
50
Concourse Financial Group Securities
Alabama
$26K +$701 +24 +3%
1
2
3

FRI Hedge Fund Activity: Q3 2021 in Review

58 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2021, worth a combined $124M — up 104% from $60.9M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FRI positions and 2 closed out — a net gain of 12 holders — while 30 added to existing stakes and 7 trimmed.

The largest buyer was LPL Financial, adding an estimated $19.5M. The largest seller was Delos Wealth Advisors, exiting entirely with an estimated $373K sold.

  • 58 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2021, up from 47 in Q2 2021.
  • Funds reported $124M of First Trust S&P REIT Index Fund stock for Q3 2021, up 104% quarter-over-quarter.
  • 14 funds opened new First Trust S&P REIT Index Fund positions in Q3 2021 and 2 closed out, a net change of +12 holders.
  • The largest First Trust S&P REIT Index Fund buyer in Q3 2021 was LPL Financial, an estimated $19.5M added.
  • The largest First Trust S&P REIT Index Fund seller in Q3 2021 was Delos Wealth Advisors, an estimated $373K sold.

Based on aggregated 13F filings for Q3 2021.