First Trust S&P REIT Index Fund
FRI
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.
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: 39 → 40 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
47% less capital inflows, than outflows
Capital inflows: $11.5M | Capital outflows: $21.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.41M |
| 2 |
Stephens Inc
Little Rock,
Arkansas
|
+$1.82M |
| 3 |
Morgan Stanley
New York
|
+$1.36M |
| 4 |
Hays Advisory
Franklin,
Tennessee
|
+$1.11M |
| 5 |
First Horizon Advisors
Memphis,
Tennessee
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.71M |
| 2 |
Virtu Financial
New York
|
-$4.93M |
| 3 |
Gateway Advisory
Westfield,
New Jersey
|
-$4.68M |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
-$1.61M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.12M |
FRI Hedge Fund Activity: Q1 2014 in Review
40 of the 3,475 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.