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First Trust S&P REIT Index Fund

45 hedge funds and large institutions have $70.4M invested in First Trust S&P REIT Index Fund in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.78% more ownership

Funds ownership: 54.94%60.72% (+5.8%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

1% less capital invested

Capital invested by funds: $71.3M → $70.4M (-$947K)

2% less funds holding

Funds holding: 4645 (-1)

29% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 14

Holders
45
Holders Change
-1
Holders Change %
-2.17%
% of All Funds
1%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
10
Reduced
14
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$14.7M +$5.04M +219,748 +48%
LPL Financial
2
LPL Financial
California
$11.1M -$4.8M -209,648 -29%
PFA
3
Pinnacle Family Advisors
Missouri
$8.03M +$5.8M +252,988 +214%
Wells Fargo
4
Wells Fargo
California
$6.23M -$2.81M -122,417 -30%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$3.56M +$2.01M +87,614 +114%
PCM
6
Peak Capital Management
Colorado
$3.3M -$174K -7,605 -5%
Bank of America
7
Bank of America
North Carolina
$2.88M +$600K +26,178 +24%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$2.82M -$832K -36,296 -22%
Citadel Advisors
9
Citadel Advisors
Florida
$2M +$1.35M +58,862 +175%
CPIG
10
Chicago Partners Investment Group
Illinois
$1.71M +$86K +3,755 +5%
BFEC
11
Benjamin F. Edwards & Company
Missouri
$1.51M +$805K +35,137 +101%
MCM
12
Mainstay Capital Management
Michigan
$1.49M +$1.6M +69,619 New
UBS Group
13
UBS Group
Switzerland
$1.45M -$112K -4,870 -7%
HIS
14
Harvest Investment Services
Illinois
$1.14M +$1.1M +48,016 New
LA
15
LexAurum Advisors
Kansas
$1.14M +$1.2M +52,512 New
Creative Planning
16
Creative Planning
Kansas
$916K -$13.6K -592 -1%
NFG
17
Next Financial Group
Texas
$894K +$948K +41,354 New
Ameriprise
18
Ameriprise
Minnesota
$841K -$276K -12,031 -24%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$629K +$667K +29,090 New
SWM
20
SeaCrest Wealth Management
New York
$577K -$54K -2,358 -8%
Stifel Financial
21
Stifel Financial
Missouri
$548K -$52K -2,271 -8%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$532K -$16.4K -717 -3%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$361K -$7.17K -313 -2%
TA
24
Townsend & Associates
Colorado
$287K +$78.7K +3,435 +35%
RJA
25
Raymond James & Associates
Florida
$257K +$272K +11,891 New

FRI Hedge Fund Activity: Q4 2018 in Review

45 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q4 2018, worth a combined $70.4M — down 1.3% from $71.3M a quarter earlier.

Fund positioning in FRI was balanced in Q4 2018: 11 funds opened new positions, 11 closed out, 10 added to existing stakes and 14 trimmed.

The largest buyer was Pinnacle Family Advisors, adding an estimated $5.8M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $5M sold.

  • 45 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q4 2018, down from 46 in Q3 2018.
  • Funds reported $70.4M of First Trust S&P REIT Index Fund stock for Q4 2018, down 1.3% quarter-over-quarter.
  • 11 funds opened new First Trust S&P REIT Index Fund positions in Q4 2018 and 11 closed out, a net change of 0 holders.
  • The largest First Trust S&P REIT Index Fund buyer in Q4 2018 was Pinnacle Family Advisors, an estimated $5.8M added.
  • The largest First Trust S&P REIT Index Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $5M sold.

Based on aggregated 13F filings for Q4 2018.