First Trust S&P REIT Index Fund
FRI
51 hedge funds and large institutions have $54.5M invested in First Trust S&P REIT Index Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 53 → 51 (-2)
5.79% less ownership
Funds ownership: 49.54% → 43.75% (-5.8%)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
32% less capital invested
Capital invested by funds: $80.1M → $54.5M (-$25.5M)
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.47M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$904K |
| 3 |
LPL Financial
San Diego,
California
|
+$625K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$521K |
| 5 |
KFGK
Keystone Financial Group (Kentucky)
Lexington,
Kentucky
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.89M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.04M |
| 3 |
PCM
Peak Capital Management
Greenwood Village,
Colorado
|
-$2.96M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$2.65M |
| 5 |
VF
Virtu Financial
New York
|
-$2.03M |
FRI Hedge Fund Activity: Q1 2018 in Review
51 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q1 2018, worth a combined $54.5M — down 32% from $80.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FRI and 7 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 11 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.47M. The largest seller was Wells Fargo, cutting an estimated $6.89M.
- 51 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q1 2018, down from 53 in Q4 2017.
- Funds reported $54.5M of First Trust S&P REIT Index Fund stock for Q1 2018, down 32% quarter-over-quarter.
- 7 funds opened new First Trust S&P REIT Index Fund positions in Q1 2018 and 9 closed out, a net change of -2 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q1 2018 was Citadel Advisors, an estimated $1.47M added.
- The largest First Trust S&P REIT Index Fund seller in Q1 2018 was Wells Fargo, an estimated $6.89M sold.
Based on aggregated 13F filings for Q1 2018.