First Trust S&P REIT Index Fund
FRI
63 hedge funds and large institutions have $78.2M invested in First Trust S&P REIT Index Fund in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
9% more funds holding
Funds holding: 58 → 63 (+5)
0.08% more ownership
Funds ownership: 64.83% → 64.91% (+0.08%)
2% less capital invested
Capital invested by funds: $79.8M → $78.2M (-$1.57M)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.08M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.18M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$653K |
| 4 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$577K |
| 5 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
+$577K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$6.08M |
| 2 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$579K |
| 3 |
Goldman Sachs
New York
|
-$442K |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$358K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$287K |
FRI Hedge Fund Activity: Q1 2024 in Review
63 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q1 2024, worth a combined $78.2M — down 2% from $79.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRI positions and 6 closed out — a net gain of 5 holders — while 19 added to existing stakes and 24 trimmed.
The largest buyer was UBS Group, adding an estimated $3.08M. The largest seller was LPL Financial, cutting an estimated $6.08M.
- 63 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q1 2024, up from 58 in Q4 2023.
- Funds reported $78.2M of First Trust S&P REIT Index Fund stock for Q1 2024, down 2% quarter-over-quarter.
- 11 funds opened new First Trust S&P REIT Index Fund positions in Q1 2024 and 6 closed out, a net change of +5 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q1 2024 was UBS Group, an estimated $3.08M added.
- The largest First Trust S&P REIT Index Fund seller in Q1 2024 was LPL Financial, an estimated $6.08M sold.
Based on aggregated 13F filings for Q1 2024.