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First Trust S&P REIT Index Fund

58 hedge funds and large institutions have $99M invested in First Trust S&P REIT Index Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 31 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more capital invested

Capital invested by funds: $78.4M → $99M (+$20.6M)

11.7% more ownership

Funds ownership: 68.73%80.43% (+12%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 5958 (-1)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

65% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 31

Holders
58
Holders Change
-1
Holders Change %
-1.69%
% of All Funds
0.85%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
8
Increased
11
Reduced
31
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RFWA
26
RPg Family Wealth Advisory
Massachusetts
$449K +$33.9K +1,431 +9%
Goldman Sachs
27
Goldman Sachs
New York
$442K -$151K -6,389 -28%
Cerity Partners
28
Cerity Partners
New York
$420K +$379K +16,006 New
NA
29
NewEdge Advisors
Louisiana
$414K -$58.4K -2,465 -14%
HIS
30
Harvest Investment Services
Illinois
$369K -$5.3K -224 -2%
CA
31
Cetera Advisors
Colorado
$357K +$710 +30 +0.2%
KAS
32
Kestra Advisory Services
Texas
$330K -$149K -6,305 -33%
PS
33
Principal Securities
Iowa
$293K +$265K +11,184 New
Envestnet Portfolio Solutions
34
Envestnet Portfolio Solutions
Illinois
$290K -$49.1K -2,074 -16%
PTC
35
Private Trust Company
Ohio
$278K +$29K +1,226 +13%
RJA
36
Raymond James & Associates
Florida
$278K -$418K -17,640 -62%
BFA
37
Beacon Financial Advisory
Ohio
$266K +$308 +13 +0.1%
TPWA
38
Twin Peaks Wealth Advisors
California
$259K +$234K +9,870 New
MML Investors Services
39
MML Investors Services
Massachusetts
$253K +$229K +9,661 New
SWA
40
Stratos Wealth Advisors
Ohio
$235K +$212K +8,972 New
RW
41
RVW Wealth
California
$235K -$9.21K -389 -4%
Janney Montgomery Scott
42
Janney Montgomery Scott
Pennsylvania
$223K -$27.5K -1,163 -12%
CAN
43
Cetera Advisor Networks
California
$211K +$191K +8,048 New
HGERS
44
Householder Group Estate & Retirement Specialist
Arizona
$132K
TRCT
45
Tower Research Capital (TRC)
New York
$117K -$525K -22,161 -83%
RFG
46
REAP Financial Group
Texas
$113K +$102K +4,297 New
GRP
47
Global Retirement Partners
California
$110K -$2.37K -100 -2%
NS
48
NBC Securities
Alabama
$107K
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$54.3K -$10.7K -451 -18%
Fifth Third Bancorp
50
Fifth Third Bancorp
Ohio
$52.5K

FRI Hedge Fund Activity: Q4 2023 in Review

58 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q4 2023, worth a combined $99M — up 26% from $78.4M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FRI and 8 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 11 added.

The largest buyer was Morgan Stanley, adding an estimated $20M. The largest seller was LPL Financial, cutting an estimated $4.84M.

  • 58 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q4 2023, down from 59 in Q3 2023.
  • Funds reported $99M of First Trust S&P REIT Index Fund stock for Q4 2023, up 26% quarter-over-quarter.
  • 8 funds opened new First Trust S&P REIT Index Fund positions in Q4 2023 and 9 closed out, a net change of -1 holder.
  • The largest First Trust S&P REIT Index Fund buyer in Q4 2023 was Morgan Stanley, an estimated $20M added.
  • The largest First Trust S&P REIT Index Fund seller in Q4 2023 was LPL Financial, an estimated $4.84M sold.

Based on aggregated 13F filings for Q4 2023.