First Trust S&P REIT Index Fund
FRI • ARCA
First Trust S&P REIT Index Fund is an exchange-traded fund on ARCA. As of Q3 2025, 54 institutional investors hold shares in this ETF, with total holdings valued at $118.2M. LPL Financial LLC is the largest holder with a position valued at $25.5M.
Overview
Overview of institutional ownership in FRI as of Q3 2025
All Institutions
- Institutions
- 54
- Value Held
- $118.2M
- Shares Held
- 4.1M
- Avg Position
- $2.2M
- Median Position
- $286.6K
Hedge Funds
- Hedge Funds
- 1
- Value Held
- $378.9K
- Shares Held
- 13.5K
- Avg Position
- $378.9K
- Median Position
- $378.9K
Biggest Investors
Institutions with the largest positions in FRI as of Q3 2025
| Institution | Position Value |
|---|---|
L LPL Financial LLC Institution | $25.5M 0.01% of portfolio |
 MORGAN STANLEY RIA/Wealth | $21.8M 0.00% of portfolio |
A Aft, Forsyth & Sober, LLC RIA/Wealth | $17.0M 5.28% of portfolio |
 Cetera Investment Advisers RIA/Wealth | $14.5M 0.02% of portfolio |
 TCP Asset Management, LLC RIA/Wealth | $9.6M 1.72% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $3.5M 0.00% of portfolio |
 UBS Group AG Institution | $3.5M 0.00% of portfolio |
B BENJAMIN EDWARDS INC Institution | $2.8M 0.03% of portfolio |
A Advisor Group Holdings, Inc. Institution | $2.6M 0.00% of portfolio |
 AE Wealth Management LLC RIA/Wealth | $2.4M 0.02% of portfolio |
Net Capital Flow
Institutional buying and selling activity for FRI in Q3 2025
- Traded
- −$1.3M
- Buyers
- 31
- Sellers
- 24
- Total Bought
- +$7.5M
- Total Sold
- −$8.9M
- Avg Position
- $1.8M
Biggest Buyers
| Institution | Net Bought |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | +$1.4M +50.9K shares |
B BENJAMIN EDWARDS INC Institution | +$1.3M +45.6K shares |
Cetera Investment Advisers RIA/Wealth | +$979.2K +34.8K shares |
MORGAN STANLEY RIA/Wealth | +$665.4K +23.7K shares |
TCP Asset Management, LLC RIA/Wealth | +$633.6K +22.5K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | +$378.9K +13.5K shares |
WELLS FARGO & COMPANY/MN Institution | +$301.0K +10.7K shares |
T Tower Research Capital LLC Institution | +$272.9K +9.7K shares |
O Onyx Bridge Wealth Group LLC RIA/Wealth | +$269.9K +9.6K shares |
 MML INVESTORS SERVICES, LLC RIA/Wealth | +$251.6K +-127.0 shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$2.3M −83.4K shares |
S STIFEL FINANCIAL CORP Long Only Manager | −$2.3M −81.5K shares |
A Advisor Group Holdings, Inc. Institution | −$1.5M −52.5K shares |
L LPL Financial LLC Institution | −$1.2M −44.2K shares |
 HPM Partners LLC RIA/Wealth | −$391.0K −13.9K shares |
 Kestra Advisory Services, LLC RIA/Wealth | −$269.4K −10.0K shares |
 Envestnet Portfolio Solutions, Inc. Long Only Manager | −$218.5K −8.1K shares |
−$159.9K −5.7K shares | |
 TWIN PEAKS WEALTH ADVISORS, LLC RIA/Wealth | −$132.9K −5.0K shares |
 Global Retirement Partners, LLC RIA/Wealth | −$92.0K −3.4K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited FRI in Q3 2025
- New Positions
- 5
- New Value
- $729.1K
- Exited Positions
- 11
- Exited Value
- $741.9K
New Positions
| Institution | Position Value |
|---|---|
MML INVESTORS SERVICES, LLC RIA/Wealth | $251.6K 9.0K shares |
C CLS Investments, LLC Institution | $217.0K 7.7K shares |
F Financial Gravity Wealth, Inc. Institution | $143.3K 5.1K shares |
 NBC SECURITIES, INC. RIA/Wealth | $117.1K 4.2K shares |
- - shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Kestra Advisory Services, LLC RIA/Wealth | $269.4K 10.0K shares |
Envestnet Portfolio Solutions, Inc. Long Only Manager | $218.5K 8.1K shares |
TWIN PEAKS WEALTH ADVISORS, LLC RIA/Wealth | $132.9K 5.0K shares |
Global Retirement Partners, LLC RIA/Wealth | $92.0K 3.4K shares |
 SRS Capital Advisors, Inc. RIA/Wealth | $27.1K 1.0K shares |
R Russell Investments Group, Ltd. RIA/Wealth | $703.0 26.0 shares |
 Ameritas Advisory Services, LLC RIA/Wealth | $690.0 26.0 shares |
A AMERIFLEX GROUP, INC. Institution | $643.0 24.0 shares |
 Larson Financial Group LLC RIA/Wealth | $54.0 2.0 shares |
S SBI Securities Co., Ltd. Institution | $27.0 1.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in FRI as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with FRI as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
A Aft, Forsyth & Sober, LLC RIA/Wealth | 5.28% $17.0M |
TCP Asset Management, LLC RIA/Wealth | 1.72% $9.6M |
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth | 0.40% $543.7K |
I ICAPITAL WEALTH LLC RIA/Wealth | 0.16% $282.8K |
 Maia Wealth LLC RIA/Wealth | 0.11% $615.7K |
 Harvest Investment Services, LLC RIA/Wealth | 0.08% $412.3K |
 Chicago Partners Investment Group LLC RIA/Wealth | 0.06% $2.3M |
0.05% $429.9K | |
B BENJAMIN EDWARDS INC Institution | 0.03% $2.8M |
F Financial Gravity Wealth, Inc. Institution | 0.03% $143.3K |
Hedge Fund Spotlight
Discover hedge funds investing in FRI
CITADEL ADVISORS LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerKenneth Cordele Griffin
- Portfolio Value
- $122.08B
- Positions
- 5,531
- Last Reported
- Q3 2025
Sector Allocation
Position in First Trust S&P REIT Index Fund
- Market Value
- $378.9K
- Shares Held
- 13.5K
- Portfolio Weight
- 0.00%
- Owned Since
- 2024-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $2.1B | 1.68% | |
Semiconductors Technology | $1.8B | 1.50% | |
Internet Content & Information Communication Services | $1.4B | 1.18% |
