First Trust S&P REIT Index Fund
FRI
47 hedge funds and large institutions have $60.9M invested in First Trust S&P REIT Index Fund in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 7 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
35% more capital invested
Capital invested by funds: $45M → $60.9M (+$15.9M)
7% more funds holding
Funds holding: 44 → 47 (+3)
0.82% more ownership
Funds ownership: 53.09% → 53.91% (+0.82%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
+$3.68M |
| 2 |
Morgan Stanley
New York
|
+$2.85M |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$1.92M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$1.31M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.56M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$672K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$465K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$428K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$138K |
FRI Hedge Fund Activity: Q2 2021 in Review
47 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2021, worth a combined $60.9M — up 35% from $45M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FRI positions and 7 closed out — a net gain of 3 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Sterling Manor Financial, opening a new position worth an estimated $3.68M. The largest seller was Benjamin F. Edwards & Company, cutting an estimated $1.56M.
- 47 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2021, up from 44 in Q1 2021.
- Funds reported $60.9M of First Trust S&P REIT Index Fund stock for Q2 2021, up 35% quarter-over-quarter.
- 10 funds opened new First Trust S&P REIT Index Fund positions in Q2 2021 and 7 closed out, a net change of +3 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q2 2021 was Sterling Manor Financial, an estimated $3.68M added.
- The largest First Trust S&P REIT Index Fund seller in Q2 2021 was Benjamin F. Edwards & Company, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2021.