First Trust S&P REIT Index Fund
FRI
44 hedge funds and large institutions have $45M invested in First Trust S&P REIT Index Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
17% more capital invested
Capital invested by funds: $38.3M → $45M (+$6.7M)
2.64% more ownership
Funds ownership: 50.45% → 53.09% (+2.6%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
2% less funds holding
Funds holding: 45 → 44 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$9.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.06M |
| 3 |
Morgan Stanley
New York
|
+$513K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$161K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.14M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.42M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.25M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$681K |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$420K |
FRI Hedge Fund Activity: Q1 2021 in Review
44 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q1 2021, worth a combined $45M — up 17% from $38.3M a quarter earlier.
Fund positioning in FRI was balanced in Q1 2021: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 12 trimmed.
The largest buyer was Jaffetilchin Investment Partners, opening a new position worth an estimated $9.7M. The largest seller was LPL Financial, cutting an estimated $4.14M.
- 44 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q1 2021, down from 45 in Q4 2020.
- Funds reported $45M of First Trust S&P REIT Index Fund stock for Q1 2021, up 17% quarter-over-quarter.
- 5 funds opened new First Trust S&P REIT Index Fund positions in Q1 2021 and 5 closed out, a net change of 0 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q1 2021 was Jaffetilchin Investment Partners, an estimated $9.7M added.
- The largest First Trust S&P REIT Index Fund seller in Q1 2021 was LPL Financial, an estimated $4.14M sold.
Based on aggregated 13F filings for Q1 2021.