First Trust S&P REIT Index Fund
FRI
73 hedge funds and large institutions have $154M invested in First Trust S&P REIT Index Fund in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
6% more funds holding
Funds holding: 69 → 73 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.57% less ownership
Funds ownership: 72.77% → 67.2% (-5.6%)
7% less capital invested
Capital invested by funds: $165M → $154M (-$10.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.8M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$4.22M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3M |
| 4 |
RA
RiverTree Advisors
Winter Park,
Florida
|
+$1.71M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$14.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.74M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$3.27M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.14M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.09M |
FRI Hedge Fund Activity: Q1 2022 in Review
73 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q1 2022, worth a combined $154M — down 6.6% from $165M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FRI positions and 10 closed out — a net gain of 5 holders — while 26 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.8M. The largest seller was IHT Wealth Management, exiting entirely with an estimated $14.6M sold.
- 73 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q1 2022, up from 69 in Q4 2021.
- Funds reported $154M of First Trust S&P REIT Index Fund stock for Q1 2022, down 6.6% quarter-over-quarter.
- 15 funds opened new First Trust S&P REIT Index Fund positions in Q1 2022 and 10 closed out, a net change of +5 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q1 2022 was Morgan Stanley, an estimated $10.8M added.
- The largest First Trust S&P REIT Index Fund seller in Q1 2022 was IHT Wealth Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2022.