First Trust S&P REIT Index Fund
FRI
52 hedge funds and large institutions have $125M invested in First Trust S&P REIT Index Fund in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5% more capital invested
Capital invested by funds: $120M → $125M (+$5.62M)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.53% less ownership
Funds ownership: 59.08% → 58.54% (-0.53%)
4% less funds holding
Funds holding: 54 → 52 (-2)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$15.6M |
| 2 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$9.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.9M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.9M |
| 5 |
VF
Virtu Financial
New York
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$12.2M |
| 2 |
Morgan Stanley
New York
|
-$7.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.98M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.54M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFS
51
HL Financial Services
Louisville,
Kentucky
| – | -$1.31M | -56,506 | Closed |
|
|
PAG
52
Private Advisor Group
Morristown,
New Jersey
| – | -$444K | -19,564 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$272K | -11,705 | Closed |
|
|
NWM
54
Northwest Wealth Management
Spencer,
Iowa
| – | -$254K | -10,917 | Closed |
|
|
VWA
55
V Wealth Advisors
Overland Park,
Kansas
| – | -$71K | -3,079 | Closed |
|
|
HI
56
Hudock Inc
Williamsport,
Pennsylvania
| – | +$256 | +11 | New |
|
FRI Hedge Fund Activity: Q3 2017 in Review
52 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2017, worth a combined $125M — up 4.7% from $120M a quarter earlier.
Fund positioning in FRI was balanced in Q3 2017: 5 funds opened new positions, 5 closed out, 18 added to existing stakes and 24 trimmed.
The largest buyer was BB&T Securities, opening a new position worth an estimated $15.6M. The largest seller was Hays Advisory, cutting an estimated $12.2M.
- 52 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2017, down from 54 in Q2 2017.
- Funds reported $125M of First Trust S&P REIT Index Fund stock for Q3 2017, up 4.7% quarter-over-quarter.
- 5 funds opened new First Trust S&P REIT Index Fund positions in Q3 2017 and 5 closed out, a net change of 0 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2017 was BB&T Securities, an estimated $15.6M added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2017 was Hays Advisory, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2017.