First Trust S&P REIT Index Fund
FRI
58 hedge funds and large institutions have $75.4M invested in First Trust S&P REIT Index Fund in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 7 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
0.24% less ownership
Funds ownership: 64.59% → 64.35% (-0.24%)
3% less capital invested
Capital invested by funds: $77.9M → $75.4M (-$2.49M)
6% less funds holding
Funds holding: 62 → 58 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.5M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.17M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.07M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$841K |
| 5 |
LPL Financial
San Diego,
California
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.42M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$696K |
| 4 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
-$586K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$498K |
FRI Hedge Fund Activity: Q2 2024 in Review
58 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q2 2024, worth a combined $75.4M — down 3.2% from $77.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FRI and 4 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $1.5M. The largest seller was UBS Group, cutting an estimated $2.42M.
- 58 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q2 2024, down from 62 in Q1 2024.
- Funds reported $75.4M of First Trust S&P REIT Index Fund stock for Q2 2024, down 3.2% quarter-over-quarter.
- 4 funds opened new First Trust S&P REIT Index Fund positions in Q2 2024 and 7 closed out, a net change of -3 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q2 2024 was Morgan Stanley, an estimated $1.5M added.
- The largest First Trust S&P REIT Index Fund seller in Q2 2024 was UBS Group, an estimated $2.42M sold.
Based on aggregated 13F filings for Q2 2024.