Dark Forest Capital Management’s Franklin BSP Realty Trust FBRT Stock Holding History

Dark Forest Capital Management’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 Q4	–	Sell	-120,043	Closed	-$1.3M	–	1095
2025 Q3	$1.3M	Buy	+120,043	New	+$1.32M	0.05%	637
2025 Q2	–	Sell	-53,056	Closed	-$676K	–	1288
2025 Q1	$676K	Sell	53,056 -13,190	-20%	-$170K	0.03%	834
2024 Q4	$831K	Buy	+66,246	New	+$856K	0.12%	222
2024 Q3	–	Sell	-14,279	Closed	-$180K	–	1019
2024 Q2	$180K	Sell	14,279 -480	-3%	-$6.11K	0.03%	587
2024 Q1	$197K	Buy	+14,759	New	+$193K	0.03%	627
2023 Q4	–	Sell	-20,744	Closed	-$275K	–	690
2023 Q3	$275K	Buy	20,744 +7,786	+60%	+$108K	0.02%	932
2023 Q2	$183K	Buy	+12,958	New	+$171K	0.02%	958

Other funds holding FBRT

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Gratia Capital Los Angeles, California $227M AUM 16.14% 1-Year Est. Return

Dark Forest Capital Management's FBRT Position: Q4 2025 in Review

Dark Forest Capital Management sold out of Franklin BSP Realty Trust (FBRT) in Q4 2025, closing a stake of 120,043 shares — an estimated $1.3M sold.

Dark Forest Capital Management first reported a position in FBRT in Q2 2023 and held it in 7 quarters. The position peaked at $1.3M in Q3 2025. 210 funds tracked by Wall St. Rank hold FBRT as of Q4 2025.

Dark Forest Capital Management reported no remaining Franklin BSP Realty Trust position as of Q4 2025 after selling out during the quarter.
Dark Forest Capital Management sold 120,043 Franklin BSP Realty Trust shares in Q4 2025, an estimated $1.3M.
Dark Forest Capital Management first reported a position in Franklin BSP Realty Trust in Q2 2023 and held it in 7 quarters.
Dark Forest Capital Management's Franklin BSP Realty Trust position peaked at $1.3M in Q3 2025.
210 funds tracked by Wall St. Rank held Franklin BSP Realty Trust as of Q4 2025.

Based on Dark Forest Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.