First Trust S&P REIT Index Fund
FRI
74 hedge funds and large institutions have $133M invested in First Trust S&P REIT Index Fund in 2024 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
12% more funds holding
Funds holding: 66 → 74 (+8)
0.59% less ownership
Funds ownership: 74.8% → 74.21% (-0.59%)
7% less capital invested
Capital invested by funds: $143M → $133M (-$9.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TCP Asset Management
Columbus,
Ohio
|
+$8.4M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$5.03M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.68M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.69M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$16.9M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$4.66M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.64M |
| 4 |
EH
Equitable Holdings
New York
|
-$1.41M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EH
76
Equitable Holdings
New York
| – | -$1.41M | -47,578 | Closed |
|
77
Goldman Sachs
New York
| – | -$602K | -20,305 | Closed |
|
|
LMKC
78
L.M. Kohn & Company
Cincinnati,
Ohio
| – | -$400K | -13,500 | Closed |
|
|
TPWA
79
Twin Peaks Wealth Advisors
Burlingame,
California
| – | -$219K | -7,381 | Closed |
|
80
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15.5K | -523 | Closed |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | -$8.45K | -285 | Closed |
|
FRI Hedge Fund Activity: Q4 2024 in Review
74 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q4 2024, worth a combined $133M — down 6.9% from $143M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FRI positions and 7 closed out — a net gain of 10 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was TCP Asset Management, opening a new position worth an estimated $8.4M. The largest seller was LPL Financial, cutting an estimated $16.9M.
- 74 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q4 2024, up from 66 in Q3 2024.
- Funds reported $133M of First Trust S&P REIT Index Fund stock for Q4 2024, down 6.9% quarter-over-quarter.
- 17 funds opened new First Trust S&P REIT Index Fund positions in Q4 2024 and 7 closed out, a net change of +10 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q4 2024 was TCP Asset Management, an estimated $8.4M added.
- The largest First Trust S&P REIT Index Fund seller in Q4 2024 was LPL Financial, an estimated $16.9M sold.
Based on aggregated 13F filings for Q4 2024.