First Trust S&P REIT Index Fund
FRI
50 hedge funds and large institutions have $118M invested in First Trust S&P REIT Index Fund in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 5 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
400% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
37% more capital invested
Capital invested by funds: $86.3M → $118M (+$32M)
25% more funds holding
Funds holding: 40 → 50 (+10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$11.8M |
| 2 |
Morgan Stanley
New York
|
+$7.22M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.13M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$1.98M |
| 5 |
VAM
Visionary Asset Management
Houston,
Texas
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.12M |
| 2 |
Goldman Sachs
New York
|
-$2.4M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$43.2K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$39.9K |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$11.9K |
FRI Hedge Fund Activity: Q2 2014 in Review
50 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2014, worth a combined $118M — up 37% from $86.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FRI positions and 2 closed out — a net gain of 10 holders — while 25 added to existing stakes and 5 trimmed.
The largest buyer was First Horizon Advisors, adding an estimated $11.8M. The largest seller was Credit Suisse, exiting entirely with an estimated $5.12M sold.
- 50 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2014, up from 40 in Q1 2014.
- Funds reported $118M of First Trust S&P REIT Index Fund stock for Q2 2014, up 37% quarter-over-quarter.
- 12 funds opened new First Trust S&P REIT Index Fund positions in Q2 2014 and 2 closed out, a net change of +10 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q2 2014 was First Horizon Advisors, an estimated $11.8M added.
- The largest First Trust S&P REIT Index Fund seller in Q2 2014 was Credit Suisse, an estimated $5.12M sold.
Based on aggregated 13F filings for Q2 2014.