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First Trust S&P REIT Index Fund

60 hedge funds and large institutions have $128M invested in First Trust S&P REIT Index Fund in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 11

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

13% more funds holding

Funds holding: 5360 (+7)

12% more capital invested

Capital invested by funds: $114M → $128M (+$14M)

2.71% more ownership

Funds ownership: 61.55%64.26% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
60
Holders Change
+7
Holders Change %
+13.21%
% of All Funds
1.18%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
25
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$30.1M +$3.07M +116,681 +11%
LPL Financial
2
LPL Financial
California
$23.3M +$7.66M +290,788 +48%
Wells Fargo
3
Wells Fargo
California
$11.5M -$26K -986 -0.2%
Bank of America
4
Bank of America
North Carolina
$8.1M -$503K -19,082 -6%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$6.69M -$1.05M -39,683 -13%
PCM
6
Peak Capital Management
Colorado
$5.05M +$1.3M +49,245 +34%
PFA
7
Pinnacle Family Advisors
Missouri
$4.55M -$4.03M -153,105 -47%
UBS Group
8
UBS Group
Switzerland
$3.71M +$1.82M +69,116 +95%
BFEC
9
Benjamin F. Edwards & Company
Missouri
$2.95M +$924K +35,056 +45%
Stifel Financial
10
Stifel Financial
Missouri
$2.29M +$443K +16,821 +24%
CPIG
11
Chicago Partners Investment Group
Illinois
$2.24M +$37.4K +1,420 +2%
MCM
12
Mainstay Capital Management
Michigan
$2.19M +$106K +4,021 +5%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$1.93M +$171K +6,506 +10%
HIS
14
Harvest Investment Services
Illinois
$1.52M +$1.54M +58,326 New
Ameriprise
15
Ameriprise
Minnesota
$1.41M +$323K +12,249 +29%
FEM
16
Fulcrum Equity Management
Texas
$1.13M -$498K -18,921 -30%
VF
17
Virtu Financial
New York
$1.12M +$1.13M +42,753 New
SPC
18
Sigma Planning Corp
Michigan
$1.11M -$110K -4,189 -9%
Citadel Advisors
19
Citadel Advisors
Florida
$1.06M +$1.07M +40,703 New
RJA
20
Raymond James & Associates
Florida
$1.04M +$87.5K +3,320 +9%
OIA
21
OneDigital Investment Advisors
Kansas
$993K +$121K +4,586 +14%
Creative Planning
22
Creative Planning
Kansas
$925K -$56.6K -2,147 -6%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$859K +$60.8K +2,308 +8%
AWM
24
Aprio Wealth Management
Georgia
$832K +$840K +31,865 New
AG
25
Advisor Group
Arizona
$786K +$51.4K +1,950 +7%

FRI Hedge Fund Activity: Q4 2019 in Review

60 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q4 2019, worth a combined $128M — up 12% from $114M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FRI positions and 7 closed out — a net gain of 7 holders — while 25 added to existing stakes and 11 trimmed.

The largest buyer was LPL Financial, adding an estimated $7.66M. The largest seller was Pinnacle Family Advisors, cutting an estimated $4.03M.

  • 60 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q4 2019, up from 53 in Q3 2019.
  • Funds reported $128M of First Trust S&P REIT Index Fund stock for Q4 2019, up 12% quarter-over-quarter.
  • 14 funds opened new First Trust S&P REIT Index Fund positions in Q4 2019 and 7 closed out, a net change of +7 holders.
  • The largest First Trust S&P REIT Index Fund buyer in Q4 2019 was LPL Financial, an estimated $7.66M added.
  • The largest First Trust S&P REIT Index Fund seller in Q4 2019 was Pinnacle Family Advisors, an estimated $4.03M sold.

Based on aggregated 13F filings for Q4 2019.