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First Trust S&P REIT Index Fund

40 hedge funds and large institutions have $86.3M invested in First Trust S&P REIT Index Fund in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 9

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

3% more funds holding

Funds holding: 3940 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $89.3M → $86.3M (-$2.93M)

1.33% less ownership

Funds ownership: 60.12%58.79% (-1.3%)

Holders
40
Holders Change
+1
Holders Change %
+2.56%
% of All Funds
1.15%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
17
Reduced
9
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HA
1
Hays Advisory
Tennessee
$29.7M +$1.11M +59,700 +4%
Morgan Stanley
2
Morgan Stanley
New York
$17M +$1.36M +73,207 +9%
FHA
3
First Horizon Advisors
Tennessee
$6.97M +$1.02M +55,118 +18%
Bank of America
4
Bank of America
North Carolina
$5.46M +$2.41M +129,855 +84%
Wells Fargo
5
Wells Fargo
California
$5.3M -$1.12M -60,403 -18%
CS
6
Credit Suisse
Switzerland
$5.12M -$1.61M -86,752 -25%
U
7
UBS
Switzerland
$2.68M +$267K +14,356 +11%
Goldman Sachs
8
Goldman Sachs
New York
$2.4M -$348K -18,751 -13%
SI
9
Stephens Inc
Arkansas
$1.88M +$1.82M +97,834 New
LPL Financial
10
LPL Financial
California
$1.8M +$198K +10,640 +13%
Stifel Financial
11
Stifel Financial
Missouri
$1.04M +$1M +54,034 New
SSWM
12
Sheets Smith Wealth Management
North Carolina
$901K
NPC
13
National Planning Corporation
California
$901K +$87.5K +4,713 +11%
WI
14
WBI Investments
New Jersey
$585K +$567K +30,516 New
US Bancorp
15
US Bancorp
Minnesota
$575K
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$512K +$496K +26,715 New
RJA
17
Raymond James & Associates
Florida
$487K -$251K -13,523 -35%
Ameriprise
18
Ameriprise
Minnesota
$481K -$24.4K -1,315 -5%
PFS
19
Prospera Financial Services
Texas
$312K -$24.3K -1,310 -7%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$278K +$269K +14,486 New
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$266K -$7.71M -415,493 -97%
Deutsche Bank
22
Deutsche Bank
Germany
$264K +$212K +11,426 +477%
VAM
23
Visionary Asset Management
Texas
$251K +$243K +13,072 New
HFS
24
HL Financial Services
Kentucky
$233K +$34.3K +1,850 +18%
PI
25
Placemark Investments
Illinois
$156K +$151K +8,157 New

FRI Hedge Fund Activity: Q1 2014 in Review

40 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q1 2014, worth a combined $86.3M — down 3.3% from $89.3M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FRI positions and 8 closed out — a net gain of 1 holder — while 17 added to existing stakes and 9 trimmed.

The largest buyer was Bank of America, adding an estimated $2.41M. The largest seller was Royal Bank of Canada, cutting an estimated $7.71M.

  • 40 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q1 2014, up from 39 in Q4 2013.
  • Funds reported $86.3M of First Trust S&P REIT Index Fund stock for Q1 2014, down 3.3% quarter-over-quarter.
  • 9 funds opened new First Trust S&P REIT Index Fund positions in Q1 2014 and 8 closed out, a net change of +1 holder.
  • The largest First Trust S&P REIT Index Fund buyer in Q1 2014 was Bank of America, an estimated $2.41M added.
  • The largest First Trust S&P REIT Index Fund seller in Q1 2014 was Royal Bank of Canada, an estimated $7.71M sold.

Based on aggregated 13F filings for Q1 2014.