First Trust S&P REIT Index Fund
FRI
53 hedge funds and large institutions have $135M invested in First Trust S&P REIT Index Fund in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 6 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
14% more capital invested
Capital invested by funds: $118M → $135M (+$17M)
6% more funds holding
Funds holding: 50 → 53 (+3)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$9.66M |
| 2 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$5.86M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.13M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$3.27M |
| 5 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.61M |
| 2 |
Morgan Stanley
New York
|
-$1.84M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.55M |
| 4 |
JG
Jefferies Group
New York
|
-$1.31M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$717K |
FRI Hedge Fund Activity: Q3 2014 in Review
53 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2014, worth a combined $135M — up 14% from $118M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FRI positions and 6 closed out — a net gain of 3 holders — while 16 added to existing stakes and 19 trimmed.
The largest buyer was Shamrock Asset Management, opening a new position worth an estimated $9.66M. The largest seller was Bank of America, cutting an estimated $4.61M.
- 53 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2014, up from 50 in Q2 2014.
- Funds reported $135M of First Trust S&P REIT Index Fund stock for Q3 2014, up 14% quarter-over-quarter.
- 9 funds opened new First Trust S&P REIT Index Fund positions in Q3 2014 and 6 closed out, a net change of +3 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2014 was Shamrock Asset Management, an estimated $9.66M added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2014 was Bank of America, an estimated $4.61M sold.
Based on aggregated 13F filings for Q3 2014.