First Trust S&P REIT Index Fund
FRI
39 hedge funds and large institutions have $89.3M invested in First Trust S&P REIT Index Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
5% more funds holding
Funds holding: 37 → 39 (+2)
0.32% more ownership
Funds ownership: 59.8% → 60.12% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
5% less capital invested
Capital invested by funds: $94.2M → $89.3M (-$4.96M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.69M |
| 2 |
VF
Virtu Financial
New York
|
+$3.94M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$2.93M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.49M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$542K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.65M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.35M |
| 3 |
Morgan Stanley
New York
|
-$1.94M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$1.1M |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$486K |
FRI Hedge Fund Activity: Q4 2013 in Review
39 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q4 2013, worth a combined $89.3M — down 5.3% from $94.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FRI positions and 3 closed out — a net gain of 4 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Credit Suisse, adding an estimated $4.69M. The largest seller was Goldman Sachs, cutting an estimated $9.65M.
- 39 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q4 2013, up from 37 in Q3 2013.
- Funds reported $89.3M of First Trust S&P REIT Index Fund stock for Q4 2013, down 5.3% quarter-over-quarter.
- 7 funds opened new First Trust S&P REIT Index Fund positions in Q4 2013 and 3 closed out, a net change of +4 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q4 2013 was Credit Suisse, an estimated $4.69M added.
- The largest First Trust S&P REIT Index Fund seller in Q4 2013 was Goldman Sachs, an estimated $9.65M sold.
Based on aggregated 13F filings for Q4 2013.