First Trust S&P REIT Index Fund
FRI
49 hedge funds and large institutions have $80.6M invested in First Trust S&P REIT Index Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
15% more capital invested
Capital invested by funds: $70.4M → $80.6M (+$10.2M)
9% more funds holding
Funds holding: 45 → 49 (+4)
0.97% more ownership
Funds ownership: 60.72% → 61.68% (+0.97%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.47M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.89M |
| 4 |
PCM
Peak Capital Management
Greenwood Village,
Colorado
|
+$867K |
| 5 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$614K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$5.21M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.21M |
| 4 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
-$1.14M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$945K |
FRI Hedge Fund Activity: Q1 2019 in Review
49 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q1 2019, worth a combined $80.6M — up 15% from $70.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FRI positions and 4 closed out — a net gain of 4 holders — while 22 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.9M. The largest seller was Pinnacle Family Advisors, cutting an estimated $5.21M.
- 49 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q1 2019, up from 45 in Q4 2018.
- Funds reported $80.6M of First Trust S&P REIT Index Fund stock for Q1 2019, up 15% quarter-over-quarter.
- 8 funds opened new First Trust S&P REIT Index Fund positions in Q1 2019 and 4 closed out, a net change of +4 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q1 2019 was Wells Fargo, an estimated $2.9M added.
- The largest First Trust S&P REIT Index Fund seller in Q1 2019 was Pinnacle Family Advisors, an estimated $5.21M sold.
Based on aggregated 13F filings for Q1 2019.