C
FBRT

Cliffwater’s Franklin BSP Realty Trust FBRT Stock Holding History

Cliffwater’s Portfolio FBRT Stock Details FBRT Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q3 		– Sell
-1,022,788
Closed -$10.9M – 23
2025
Q2 		$10.9M Sell
1,022,788
-1,173,383
-53% -$13.2M 2.25% 7
2025
Q1 		$28M Hold
2,196,171
– – 7.31% 6
2024
Q4 		$27.5M Hold
2,196,171
– – 6.74% 7
2024
Q3 		$28.7M Hold
2,196,171
– – 6.63% 7
2024
Q2 		$27.7M Hold
2,196,171
– – 5.92% 7
2024
Q1 		$29.3M Hold
2,196,171
– – 7.91% 5
2023
Q4 		$29.7M Sell
2,196,171
-76,777
-3% -$1.01M 8.48% 4
2023
Q3 		$30.1M Buy
2,272,948
+76,777
+3% +$1.07M 9.86% 3
2023
Q2 		$31.1M Hold
2,196,171
– – 10.21% 3
2023
Q1 		$26.2M Buy
2,196,171
+306,184
+16% +$4.1M 8.38% 3
2022
Q4 		$24.4M Buy
+1,889,987
New +$25.3M 6.87% 3

Other funds holding FBRT

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Franklin Resources
Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return
STAS
Strong Tower Advisory Services Minneapolis, Minnesota $558M AUM 13.89% 1-Year Est. Return
Charles Schwab
Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
Mirae Asset Global ETFs Holdings
Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Cliffwater's FBRT Position: Q3 2025 in Review

Cliffwater sold out of Franklin BSP Realty Trust (FBRT) in Q3 2025, closing a stake of 1,022,788 shares — an estimated $10.9M sold.

Cliffwater first reported a position in FBRT in Q4 2022 and held it in 11 quarters. The position peaked at $31.1M in Q2 2023. 215 funds tracked by Wall St. Rank hold FBRT as of Q3 2025.

  • Cliffwater reported no remaining Franklin BSP Realty Trust position as of Q3 2025 after selling out during the quarter.
  • Cliffwater sold 1,022,788 Franklin BSP Realty Trust shares in Q3 2025, an estimated $10.9M.
  • Cliffwater first reported a position in Franklin BSP Realty Trust in Q4 2022 and held it in 11 quarters.
  • Cliffwater's Franklin BSP Realty Trust position peaked at $31.1M in Q2 2023.
  • 215 funds tracked by Wall St. Rank held Franklin BSP Realty Trust as of Q3 2025.

Based on Cliffwater's 13F filing for Q3 2025, filed 13 Nov 2025.