First Trust S&P REIT Index Fund
FRI
43 hedge funds and large institutions have $137M invested in First Trust S&P REIT Index Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 8 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.41% more ownership
Funds ownership: 69.39% → 69.79% (+0.41%)
6% less capital invested
Capital invested by funds: $146M → $137M (-$8.9M)
12% less funds holding
Funds holding: 49 → 43 (-6)
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$6.07M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.05M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.38M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$778K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.25M |
| 2 |
Morgan Stanley
New York
|
-$3.41M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$2.48M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$2.35M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.93M |
FRI Hedge Fund Activity: Q3 2015 in Review
43 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2015, worth a combined $137M — down 6.1% from $146M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FRI and 3 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 11 added.
The largest buyer was Hays Advisory, adding an estimated $6.07M. The largest seller was Bank of America, cutting an estimated $8.25M.
- 43 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2015, down from 49 in Q2 2015.
- Funds reported $137M of First Trust S&P REIT Index Fund stock for Q3 2015, down 6.1% quarter-over-quarter.
- 3 funds opened new First Trust S&P REIT Index Fund positions in Q3 2015 and 8 closed out, a net change of -5 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2015 was Hays Advisory, an estimated $6.07M added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2015 was Bank of America, an estimated $8.25M sold.
Based on aggregated 13F filings for Q3 2015.