First Trust S&P REIT Index Fund
FRI
72 hedge funds and large institutions have $106M invested in First Trust S&P REIT Index Fund in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 11 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 75 → 72 (-3)
4.03% less ownership
Funds ownership: 72.37% → 68.34% (-4%)
27% less capital invested
Capital invested by funds: $144M → $106M (-$38.1M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $36K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.23M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$972K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$960K |
| 4 |
KNW
Kesler Norman & Wride
Ogden,
Utah
|
+$762K |
| 5 |
OBWG
Onyx Bridge Wealth Group
Tarrytown,
New York
|
+$755K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$15M |
| 2 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$11.2M |
| 3 |
Morgan Stanley
New York
|
-$3.11M |
| 4 |
RA
RiverTree Advisors
Winter Park,
Florida
|
-$1.64M |
| 5 |
OC
Oppenheimer & Co
New York
|
-$712K |
FRI Hedge Fund Activity: Q3 2022 in Review
72 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2022, worth a combined $106M — down 27% from $144M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FRI and 8 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 27 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.23M. The largest seller was LPL Financial, cutting an estimated $15M.
- 72 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2022, down from 75 in Q2 2022.
- Funds reported $106M of First Trust S&P REIT Index Fund stock for Q3 2022, down 27% quarter-over-quarter.
- 8 funds opened new First Trust S&P REIT Index Fund positions in Q3 2022 and 11 closed out, a net change of -3 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2022 was Susquehanna International Group, an estimated $1.23M added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2022 was LPL Financial, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2022.