First Trust S&P REIT Index Fund
FRI
45 hedge funds and large institutions have $39M invested in First Trust S&P REIT Index Fund in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more funds holding
Funds holding: 42 → 45 (+3)
0.08% less ownership
Funds ownership: 51.4% → 51.32% (-0.08%)
9% less capital invested
Capital invested by funds: $43M → $39M (-$4M)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$975K |
| 2 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$870K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$715K |
| 4 |
Jane Street
New York
|
+$343K |
| 5 |
HT
HAP Trading
New York
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.75M |
| 2 |
Morgan Stanley
New York
|
-$2.12M |
| 3 |
LFG
Larson Financial Group
St Louis,
Missouri
|
-$879K |
| 4 |
LPL Financial
San Diego,
California
|
-$654K |
| 5 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$420K |
FRI Hedge Fund Activity: Q3 2020 in Review
45 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2020, worth a combined $39M — down 9.3% from $43M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FRI positions and 4 closed out — a net gain of 3 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $975K. The largest seller was Royal Bank of Canada, cutting an estimated $2.75M.
- 45 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2020, up from 42 in Q2 2020.
- Funds reported $39M of First Trust S&P REIT Index Fund stock for Q3 2020, down 9.3% quarter-over-quarter.
- 7 funds opened new First Trust S&P REIT Index Fund positions in Q3 2020 and 4 closed out, a net change of +3 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2020 was Susquehanna International Group, an estimated $975K added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2020 was Royal Bank of Canada, an estimated $2.75M sold.
Based on aggregated 13F filings for Q3 2020.