First Trust S&P REIT Index Fund
FRI
59 hedge funds and large institutions have $78.4M invested in First Trust S&P REIT Index Fund in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 5 closing their positions.
15,650% more call options, than puts
Call options by funds: $315K | Put options by funds: $2K
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
7% more funds holding
Funds holding: 55 → 59 (+4)
1.8% more ownership
Funds ownership: 66.93% → 68.73% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $79.1M → $78.4M (-$740K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.77M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.12M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$753K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$498K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$388K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.17M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$448K |
| 3 |
FIS
Fischer Investment Strategies
Westlake Village,
California
|
-$433K |
| 4 |
Cerity Partners
New York
|
-$396K |
| 5 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
-$250K |
FRI Hedge Fund Activity: Q3 2023 in Review
59 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2023, worth a combined $78.4M — down 0.94% from $79.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FRI positions and 5 closed out — a net gain of 4 holders — while 21 added to existing stakes and 19 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.77M. The largest seller was Morgan Stanley, cutting an estimated $1.17M.
- 59 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2023, up from 55 in Q2 2023.
- Funds reported $78.4M of First Trust S&P REIT Index Fund stock for Q3 2023, down 0.94% quarter-over-quarter.
- 9 funds opened new First Trust S&P REIT Index Fund positions in Q3 2023 and 5 closed out, a net change of +4 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2023 was LPL Financial, an estimated $4.77M added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2023 was Morgan Stanley, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2023.