First Trust S&P REIT Index Fund
FRI
54 hedge funds and large institutions have $120M invested in First Trust S&P REIT Index Fund in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 27 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 53 → 54 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 59.18% → 59.08% (-0.11%)
12% less capital invested
Capital invested by funds: $136M → $120M (-$16M)
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$1.31M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$964K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$772K |
| 4 |
SG
StoneX Group
New York
|
+$613K |
| 5 |
Jane Street
New York
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$9.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.16M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.83M |
| 4 |
VF
Virtu Financial
New York
|
-$1.55M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.45M |
FRI Hedge Fund Activity: Q2 2017 in Review
54 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2017, worth a combined $120M — down 12% from $136M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FRI positions and 7 closed out — a net gain of 1 holder — while 15 added to existing stakes and 27 trimmed.
The largest buyer was HL Financial Services, opening a new position worth an estimated $1.31M. The largest seller was Hays Advisory, cutting an estimated $9.7M.
- 54 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2017, up from 53 in Q1 2017.
- Funds reported $120M of First Trust S&P REIT Index Fund stock for Q2 2017, down 12% quarter-over-quarter.
- 8 funds opened new First Trust S&P REIT Index Fund positions in Q2 2017 and 7 closed out, a net change of +1 holder.
- The largest First Trust S&P REIT Index Fund buyer in Q2 2017 was HL Financial Services, an estimated $1.31M added.
- The largest First Trust S&P REIT Index Fund seller in Q2 2017 was Hays Advisory, an estimated $9.7M sold.
Based on aggregated 13F filings for Q2 2017.