First Trust S&P REIT Index Fund
FRI
75 hedge funds and large institutions have $144M invested in First Trust S&P REIT Index Fund in 2022 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 12 closing their positions.
106% more capital inflows, than outflows
Capital inflows: $29.5M | Capital outflows: $14.3M
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
5.17% more ownership
Funds ownership: 67.2% → 72.37% (+5.2%)
3% more funds holding
Funds holding: 73 → 75 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.84M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.52M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.49M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.47M |
| 5 |
Oppenheimer & Co
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$3.76M |
| 2 |
Silver Oak Securities
Jackson,
Tennessee
|
-$3.26M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.59M |
| 4 |
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$672K |
| 5 |
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$515K |
FRI Hedge Fund Activity: Q2 2022 in Review
75 of the 5,963 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2022, worth a combined $144M — down 6.5% from $154M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FRI positions and 12 closed out — a net gain of 2 holders — while 33 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.84M. The largest seller was Truist Financial, exiting entirely with an estimated $3.76M sold.
- 75 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2022, up from 73 in Q1 2022.
- Funds reported $144M of First Trust S&P REIT Index Fund stock for Q2 2022, down 6.5% quarter-over-quarter.
- 14 funds opened new First Trust S&P REIT Index Fund positions in Q2 2022 and 12 closed out, a net change of +2 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q2 2022 was Morgan Stanley, an estimated $5.84M added.
- The largest First Trust S&P REIT Index Fund seller in Q2 2022 was Truist Financial, an estimated $3.76M sold.
Based on aggregated 13F filings for Q2 2022.