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First Trust S&P REIT Index Fund
FRI

58 hedge funds and large institutions have $75.4M invested in First Trust S&P REIT Index Fund in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 22

0.24% less ownership

Funds ownership: 64.59% → 64.35% (-0.24%)

3% less capital invested

Capital invested by funds: $77.9M → $75.4M (-$2.49M)

6% less funds holding

Funds holding: 62 → 58 (-4)

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

Holders
58
Holders Change
-4
Holders Change %
-6.45%
% of All Funds
0.84%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
24
Reduced
22
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$1.5M
2
AWM
AE Wealth Management
Kansas
+$1.17M
3
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$1.07M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$841K
5
LPL Financial
LPL Financial
California
+$353K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$2.42M
2
Baird Financial Group
Baird Financial Group
Wisconsin
-$1.2M
3
Citadel Advisors
Citadel Advisors
Florida
-$696K
4
HIC
Hartline Investment Corp
Illinois
-$586K
5
Stifel Financial
Stifel Financial
Missouri
-$498K
Name Holding Trade Value Shares
Change 		Change in
Stake
HI
51
Harbour Investments
Wisconsin
$20.7K +$1.75K +70 +10%
HCP
52
Hexagon Capital Partners
Arkansas
$19.7K – – –
SPIA
53
Steward Partners Investment Advisory
New York
$13.7K – – –
Northwestern Mutual Wealth Management
54
Northwestern Mutual Wealth Management
Wisconsin
$5.13K +$3.78K +151 +308%
PNC Financial Services Group
55
PNC Financial Services Group
Pennsylvania
$4.44K -$39.9K -1,594 -90%
Carson Wealth (CWM LLC)
56
Carson Wealth (CWM LLC)
Nebraska
$4K -$14.3K -573 -78%
VAMG
57
Voisard Asset Management Group
Michigan
$411 +$401 +16 New
LFG
58
Larson Financial Group
Missouri
$53 -$651 -26 -93%
Baird Financial Group
59
Baird Financial Group
Wisconsin
– -$1.2M -45,979 Closed
Citadel Advisors
60
Citadel Advisors
Florida
– -$696K -26,763 Closed
HIC
61
Hartline Investment Corp
Illinois
– -$586K -22,556 Closed
FAIM
62
Financial Advocates Investment Management
Washington
– -$293K -11,288 Closed
VF
63
Virtu Financial
New York
– -$260K -9,993 Closed
FIM
64
Fernwood Investment Management
Massachusetts
– -$33.8K -1,300 Closed
Qube Research & Technologies (QRT)
65
Qube Research & Technologies (QRT)
United Kingdom
– -$20.6K -791 Closed
1 2
3

FRI Hedge Fund Activity: Q2 2024 in Review

58 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2024, worth a combined $75.4M — down 3.2% from $77.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FRI and 4 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 24 added.

The largest buyer was Morgan Stanley, adding an estimated $1.5M. The largest seller was UBS Group, cutting an estimated $2.42M.

  • 58 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2024, down from 62 in Q1 2024.
  • Funds reported $75.4M of First Trust S&P REIT Index Fund stock for Q2 2024, down 3.2% quarter-over-quarter.
  • 4 funds opened new First Trust S&P REIT Index Fund positions in Q2 2024 and 7 closed out, a net change of -3 holders.
  • The largest First Trust S&P REIT Index Fund buyer in Q2 2024 was Morgan Stanley, an estimated $1.5M added.
  • The largest First Trust S&P REIT Index Fund seller in Q2 2024 was UBS Group, an estimated $2.42M sold.

Based on aggregated 13F filings for Q2 2024.