First Trust S&P REIT Index Fund
FRI
56 hedge funds and large institutions have $219M invested in First Trust S&P REIT Index Fund in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 8 reducing their positions, and 3 closing their positions.
275% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 8
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
43% more capital invested
Capital invested by funds: $153M → $219M (+$66M)
17% more funds holding
Funds holding: 48 → 56 (+8)
5.55% more ownership
Funds ownership: 63.92% → 69.47% (+5.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$14.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.6M |
| 3 |
Morgan Stanley
New York
|
+$9.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.18M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$5.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.41M |
| 2 |
Goldman Sachs
New York
|
-$1.06M |
| 3 |
RPG
Risk Paradigm Group
Austin,
Texas
|
-$857K |
| 4 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$666K |
| 5 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$624K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SF
51
Synovus Financial
Columbus,
Georgia
| $30K | – | – | – |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $17K | – | – | – |
|
|
WP
53
WealthPLAN Partners
Omaha,
Nebraska
| $15.6K | +$32.4K | +1,388 | New |
|
|
WEC
54
Winslow Evans & Crocker
Boston,
Massachusetts
| $9.87K | – | – | – |
|
|
NFG
55
Next Financial Group
Houston,
Texas
| $5K | – | – | – |
|
|
56
Goldman Sachs
New York
| – | -$1.06M | -45,381 | Closed |
|
|
AIG
57
American International Group
New York
| – | -$135K | -5,780 | Closed |
|
58
AssetMark Inc
Concord,
California
| – | -$2K | -100 | Closed |
|
FRI Hedge Fund Activity: Q2 2016 in Review
56 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2016, worth a combined $219M — up 43% from $153M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRI positions and 3 closed out — a net gain of 8 holders — while 30 added to existing stakes and 8 trimmed.
The largest buyer was Navellier & Associates, opening a new position worth an estimated $14.9M. The largest seller was LPL Financial, cutting an estimated $2.41M.
- 56 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2016, up from 48 in Q1 2016.
- Funds reported $219M of First Trust S&P REIT Index Fund stock for Q2 2016, up 43% quarter-over-quarter.
- 11 funds opened new First Trust S&P REIT Index Fund positions in Q2 2016 and 3 closed out, a net change of +8 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q2 2016 was Navellier & Associates, an estimated $14.9M added.
- The largest First Trust S&P REIT Index Fund seller in Q2 2016 was LPL Financial, an estimated $2.41M sold.
Based on aggregated 13F filings for Q2 2016.