First Trust S&P REIT Index Fund
FRI
51 hedge funds and large institutions have $144M invested in First Trust S&P REIT Index Fund in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
19% more funds holding
Funds holding: 43 → 51 (+8)
5% more capital invested
Capital invested by funds: $137M → $144M (+$6.5M)
6.32% less ownership
Funds ownership: 69.79% → 63.47% (-6.3%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$8.62M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.11M |
| 3 |
Morgan Stanley
New York
|
+$2.62M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$2.5M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$22.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.09M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$1.59M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.52M |
| 5 |
Jane Street
New York
|
-$300K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Jane Street
New York
| – | -$300K | -14,359 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$94K | -4,490 | Closed |
|
FRI Hedge Fund Activity: Q4 2015 in Review
51 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q4 2015, worth a combined $144M — up 4.7% from $137M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FRI positions and 2 closed out — a net gain of 8 holders — while 18 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $8.62M. The largest seller was Goldman Sachs, cutting an estimated $22.2M.
- 51 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q4 2015, up from 43 in Q3 2015.
- Funds reported $144M of First Trust S&P REIT Index Fund stock for Q4 2015, up 4.7% quarter-over-quarter.
- 10 funds opened new First Trust S&P REIT Index Fund positions in Q4 2015 and 2 closed out, a net change of +8 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q4 2015 was Bank of America, an estimated $8.62M added.
- The largest First Trust S&P REIT Index Fund seller in Q4 2015 was Goldman Sachs, an estimated $22.2M sold.
Based on aggregated 13F filings for Q4 2015.