First Trust S&P REIT Index Fund
FRI
66 hedge funds and large institutions have $143M invested in First Trust S&P REIT Index Fund in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
90% more capital invested
Capital invested by funds: $75.4M → $143M (+$67.5M)
14% more funds holding
Funds holding: 58 → 66 (+8)
10.45% more ownership
Funds ownership: 64.35% → 74.8% (+10%)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$18.8M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$9.64M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$9.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.37M |
| 5 |
CA
Crumly & Associates
Springfield,
Illinois
|
+$4.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$177K |
| 2 |
CCA
Cottonwood Capital Advisors
Salt Lake City,
Utah
|
-$175K |
| 3 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
-$125K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$120K |
| 5 |
RFA
Register Financial Advisors
Atlanta,
Georgia
|
-$116K |
FRI Hedge Fund Activity: Q3 2024 in Review
66 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust S&P REIT Index Fund (FRI) for Q3 2024, worth a combined $143M — up 90% from $75.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRI positions and 2 closed out — a net gain of 9 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was LPL Financial, adding an estimated $18.8M. The largest seller was Bank of America, cutting an estimated $177K.
- 66 institutional investors held First Trust S&P REIT Index Fund (FRI) as of Q3 2024, up from 58 in Q2 2024.
- Funds reported $143M of First Trust S&P REIT Index Fund stock for Q3 2024, up 90% quarter-over-quarter.
- 11 funds opened new First Trust S&P REIT Index Fund positions in Q3 2024 and 2 closed out, a net change of +9 holders.
- The largest First Trust S&P REIT Index Fund buyer in Q3 2024 was LPL Financial, an estimated $18.8M added.
- The largest First Trust S&P REIT Index Fund seller in Q3 2024 was Bank of America, an estimated $177K sold.
Based on aggregated 13F filings for Q3 2024.