First Trust S&P REIT Index Fund
FRI
69 hedge funds and large institutions have $234M invested in First Trust S&P REIT Index Fund in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 2 closing their positions.
750% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
23% more funds holding
Funds holding: 56 → 69 (+13)
7% more capital invested
Capital invested by funds: $219M → $234M (+$14.8M)
6.49% less ownership
Funds ownership: 69.47% → 62.98% (-6.5%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$11.7M |
| 2 |
Morgan Stanley
New York
|
+$7.6M |
| 3 |
Goldman Sachs
New York
|
+$5.11M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.62M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$15.7M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.26M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.1M |
| 4 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$926K |
| 5 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$783K |
FRI Hedge Fund Activity: Q3 2016 in Review
69 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2016, worth a combined $234M — up 6.8% from $219M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FRI positions and 2 closed out — a net gain of 15 holders — while 27 added to existing stakes and 18 trimmed.
The largest buyer was Bank of America, adding an estimated $11.7M. The largest seller was Navellier & Associates, cutting an estimated $15.7M.
- 69 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2016, up from 56 in Q2 2016.
- Funds reported $234M of First Trust S&P REIT Index Fund stock for Q3 2016, up 6.8% quarter-over-quarter.
- 17 funds opened new First Trust S&P REIT Index Fund positions in Q3 2016 and 2 closed out, a net change of +15 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2016 was Bank of America, an estimated $11.7M added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2016 was Navellier & Associates, an estimated $15.7M sold.
Based on aggregated 13F filings for Q3 2016.