First Trust S&P REIT Index Fund
FRI
53 hedge funds and large institutions have $136M invested in First Trust S&P REIT Index Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 9 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.65% less ownership
Funds ownership: 59.83% → 59.18% (-0.65%)
7% less funds holding
Funds holding: 57 → 53 (-4)
7% less capital invested
Capital invested by funds: $147M → $136M (-$11M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.22M |
| 2 |
VF
Virtu Financial
New York
|
+$3.57M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.45M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.82M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$7.93M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$6.32M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$3.85M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.44M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
51
Winslow Evans & Crocker
Boston,
Massachusetts
| $9.22K | – | – | – |
|
|
DADC
52
D.A. Davidson & Co
Great Falls,
Montana
| $4K | -$886K | -38,275 | -99% |
|
|
BTS
53
BB&T Securities
Richmond,
Virginia
| – | -$6.32M | -261,075 | Closed |
|
|
WI
54
WBI Investments
Red Bank,
New Jersey
| – | -$1.18M | -51,238 | Closed |
|
|
PFA
55
Pinnacle Family Advisors
Springfield,
Missouri
| – | -$926K | -40,171 | Closed |
|
|
SG
56
StoneX Group
New York
| – | -$446K | -19,321 | Closed |
|
|
MIAN
57
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$266K | -11,551 | Closed |
|
|
AWMS
58
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$45K | -1,968 | Closed |
|
|
NFG
59
Next Financial Group
Houston,
Texas
| – | -$26K | -1,127 | Closed |
|
60
JP Morgan Chase
New York
| – | -$7K | -300 | Closed |
|
|
FTUS
61
Flow Traders U.S.
New York
| – | -$2K | -100 | Closed |
|
FRI Hedge Fund Activity: Q1 2017 in Review
53 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q1 2017, worth a combined $136M — down 7.5% from $147M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FRI and 6 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Bank of America, adding an estimated $6.22M. The largest seller was Hays Advisory, cutting an estimated $7.93M.
- 53 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q1 2017, down from 57 in Q4 2016.
- Funds reported $136M of First Trust S&P REIT Index Fund stock for Q1 2017, down 7.5% quarter-over-quarter.
- 6 funds opened new First Trust S&P REIT Index Fund positions in Q1 2017 and 9 closed out, a net change of -3 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q1 2017 was Bank of America, an estimated $6.22M added.
- The largest First Trust S&P REIT Index Fund seller in Q1 2017 was Hays Advisory, an estimated $7.93M sold.
Based on aggregated 13F filings for Q1 2017.