First Trust S&P REIT Index Fund
FRI
53 hedge funds and large institutions have $96.3M invested in First Trust S&P REIT Index Fund in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 7
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
19% more capital invested
Capital invested by funds: $80.6M → $96.3M (+$15.7M)
8% more funds holding
Funds holding: 49 → 53 (+4)
0.65% more ownership
Funds ownership: 61.68% → 62.33% (+0.65%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.27M |
| 2 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$4.62M |
| 3 |
VF
Virtu Financial
New York
|
+$1.71M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.15M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.77M |
| 2 |
PCM
Peak Capital Management
Greenwood Village,
Colorado
|
-$1.11M |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$642K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$573K |
| 5 |
TA
Townsend & Associates
Westminster,
Colorado
|
-$346K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
51
Realta Investment Advisors
Wilmington,
Delaware
| $3K | – | – | – |
|
|
MWM
52
Meridian Wealth Management
Lexington,
Kentucky
| $257 | +$25.8K | +1,032 | New |
|
|
FEM
53
Fulcrum Equity Management
Plano,
Texas
| – | -$642K | -25,783 | Closed |
|
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$573K | -22,995 | Closed |
|
|
TA
55
Townsend & Associates
Westminster,
Colorado
| – | -$346K | -13,890 | Closed |
|
|
AI
56
Atria Investments
Charlotte,
North Carolina
| – | -$278K | -11,180 | Closed |
|
|
CAN
57
Cetera Advisor Networks
El Segundo,
California
| – | -$257K | -10,274 | Closed |
|
58
Envestnet Asset Management
Chicago,
Illinois
| – | -$210K | -8,419 | Closed |
|
|
CWA
59
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$20K | -800 | Closed |
|
FRI Hedge Fund Activity: Q2 2019 in Review
53 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2019, worth a combined $96.3M — up 19% from $80.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FRI positions and 7 closed out — a net gain of 5 holders — while 21 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.27M. The largest seller was Bank of America, cutting an estimated $1.77M.
- 53 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2019, up from 49 in Q1 2019.
- Funds reported $96.3M of First Trust S&P REIT Index Fund stock for Q2 2019, up 19% quarter-over-quarter.
- 12 funds opened new First Trust S&P REIT Index Fund positions in Q2 2019 and 7 closed out, a net change of +5 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q2 2019 was Morgan Stanley, an estimated $6.27M added.
- The largest First Trust S&P REIT Index Fund seller in Q2 2019 was Bank of America, an estimated $1.77M sold.
Based on aggregated 13F filings for Q2 2019.