First Trust S&P REIT Index Fund
FRI
54 hedge funds and large institutions have $120M invested in First Trust S&P REIT Index Fund in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 27 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 53 → 54 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 59.18% → 59.08% (-0.11%)
12% less capital invested
Capital invested by funds: $136M → $120M (-$16M)
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$1.31M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$964K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$772K |
| 4 |
SG
StoneX Group
New York
|
+$613K |
| 5 |
Jane Street
New York
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$9.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.16M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.83M |
| 4 |
VF
Virtu Financial
New York
|
-$1.55M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
51
AlphaMark Advisors
Ft. Wright,
Kentucky
| $10K | +$697 | +30 | +7% |
|
|
WEC
52
Winslow Evans & Crocker
Boston,
Massachusetts
| $9.29K | – | – | – |
|
|
IWM
53
IHT Wealth Management
Chicago,
Illinois
| $40 | +$78.3K | +3,374 | +31% |
|
|
CWM
54
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$568K | -24,581 | Closed |
|
55
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$501K | -21,745 | Closed |
|
|
NA
56
Navellier & Associates
Reno,
Nevada
| – | -$218K | -9,462 | Closed |
|
|
TSS
57
Two Sigma Securities
New York
| – | -$205K | -8,874 | Closed |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$36K | -1,572 | Closed |
|
|
SF
59
Synovus Financial
Columbus,
Georgia
| – | -$28K | -1,200 | Closed |
|
|
DADC
60
D.A. Davidson & Co
Great Falls,
Montana
| – | -$4K | -198 | Closed |
|
FRI Hedge Fund Activity: Q2 2017 in Review
54 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2017, worth a combined $120M — down 12% from $136M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FRI positions and 7 closed out — a net gain of 1 holder — while 15 added to existing stakes and 27 trimmed.
The largest buyer was HL Financial Services, opening a new position worth an estimated $1.31M. The largest seller was Hays Advisory, cutting an estimated $9.7M.
- 54 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2017, up from 53 in Q1 2017.
- Funds reported $120M of First Trust S&P REIT Index Fund stock for Q2 2017, down 12% quarter-over-quarter.
- 8 funds opened new First Trust S&P REIT Index Fund positions in Q2 2017 and 7 closed out, a net change of +1 holder.
- The largest First Trust S&P REIT Index Fund buyer in Q2 2017 was HL Financial Services, an estimated $1.31M added.
- The largest First Trust S&P REIT Index Fund seller in Q2 2017 was Hays Advisory, an estimated $9.7M sold.
Based on aggregated 13F filings for Q2 2017.