As others have stated
Fat does NOT actually redistribute. The fat you have pre hrt will stay put if you're at a steady weight.
Once you're hormone levels are in the normal range for the gender you're transitioning to, you will start to accumulate new fat in the more typical fat pattern/deposits areas of said gender.
Old fat deposits at this point, i.e. Beer belly fat may very slowly over several years appear to move, however this is likely to take a long time if your weight is steady or if you end up gaining more weight.
In my experience, once my hormone levels were in a typical female range I noticed that the stubborn male fat deposits that would typically be the last to come off got upgraded to position #1. This basically equates to the fat on my stomach, upper back, and chin to be targeted first, and the first to go. Meanwhile fat around the breasts, butt and thighs were saved until the fat in the male regions was basically gone (minus the stubborn visceral fat on the abdomen which was/is still the last to go. The breast tissue/deposits was also mostly spared.
So. To speed up this process you can do the small yo yo. Gain and lose a few lbs again and again. Or you can try to get to a very low fat percentage, which is what I chose. I found this exponentially helpful especially in terms of fitting into women's clothing. Sure I have very little shape as of now, but I can fake that with the right cuts, and no longer have the bottom half of my tops not fit due to the beer belly, while everything above my chest being extremely loose.
My info
I was 245 a year before hrt
185 starting hrt, one year ago.
155 when my hormones got within normal female range
Currently 135.
5 ft 9 bmi of around 19.5
~Brooke~