First Trust S&P REIT Index Fund
FRI
58 hedge funds and large institutions have $124M invested in First Trust S&P REIT Index Fund in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 7 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
329% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 7
104% more capital invested
Capital invested by funds: $60.9M → $124M (+$63.5M)
23% more funds holding
Funds holding: 47 → 58 (+11)
6.39% more ownership
Funds ownership: 53.91% → 60.3% (+6.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$19.5M |
| 2 |
Morgan Stanley
New York
|
+$10M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$6.51M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.54M |
| 5 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWA
Delos Wealth Advisors
Dallas,
Texas
|
-$373K |
| 2 |
Goldman Sachs
New York
|
-$286K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$151K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$134K |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$43.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCP
51
Hexagon Capital Partners
Rogers,
Arkansas
| $22K | – | – | – |
|
|
AWA
52
Arkadios Wealth Advisors
Atlanta,
Georgia
| $17K | -$21.5K | -737 | -55% |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| $11K | – | – | – |
|
|
SPWG
54
Sage Private Wealth Group
Oakbrook Terrace,
Illinois
| $6K | +$29 | +1 | +0.5% |
|
55
Koshinski Asset Management
Decatur,
Illinois
| $5.66K | +$5.84K | +200 | New |
|
|
AFG
56
Albion Financial Group
Salt Lake City,
Utah
| $4K | +$3.89K | +133 | New |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| $1K | – | – | – |
|
|
LFG
58
Larson Financial Group
St Louis,
Missouri
| $1K | +$117 | +4 | +20% |
|
|
DWA
59
Delos Wealth Advisors
Dallas,
Texas
| – | -$373K | -13,291 | Closed |
|
60
Citigroup
New York
| – | -$10K | -360 | Closed |
|
FRI Hedge Fund Activity: Q3 2021 in Review
58 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2021, worth a combined $124M — up 104% from $60.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FRI positions and 2 closed out — a net gain of 12 holders — while 30 added to existing stakes and 7 trimmed.
The largest buyer was LPL Financial, adding an estimated $19.5M. The largest seller was Delos Wealth Advisors, exiting entirely with an estimated $373K sold.
- 58 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2021, up from 47 in Q2 2021.
- Funds reported $124M of First Trust S&P REIT Index Fund stock for Q3 2021, up 104% quarter-over-quarter.
- 14 funds opened new First Trust S&P REIT Index Fund positions in Q3 2021 and 2 closed out, a net change of +12 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2021 was LPL Financial, an estimated $19.5M added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2021 was Delos Wealth Advisors, an estimated $373K sold.
Based on aggregated 13F filings for Q3 2021.