First Trust S&P REIT Index Fund
FRI
52 hedge funds and large institutions have $54.1M invested in First Trust S&P REIT Index Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11.8% less ownership
Funds ownership: 64.26% → 52.46% (-12%)
13% less funds holding
Funds holding: 60 → 52 (-8)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
58% less capital invested
Capital invested by funds: $128M → $54.1M (-$73.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.28M |
| 2 |
Jane Street
New York
|
+$1.19M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.05M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 5 |
PCM
Peak Capital Management
Greenwood Village,
Colorado
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.5M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.6M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.62M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.13M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.88M |
FRI Hedge Fund Activity: Q1 2020 in Review
52 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q1 2020, worth a combined $54.1M — down 58% from $128M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FRI and 10 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 13 added.
The largest buyer was Citadel Advisors, adding an estimated $1.28M. The largest seller was Morgan Stanley, cutting an estimated $19.5M.
- 52 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q1 2020, down from 60 in Q4 2019.
- Funds reported $54.1M of First Trust S&P REIT Index Fund stock for Q1 2020, down 58% quarter-over-quarter.
- 10 funds opened new First Trust S&P REIT Index Fund positions in Q1 2020 and 15 closed out, a net change of -5 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q1 2020 was Citadel Advisors, an estimated $1.28M added.
- The largest First Trust S&P REIT Index Fund seller in Q1 2020 was Morgan Stanley, an estimated $19.5M sold.
Based on aggregated 13F filings for Q1 2020.