Franklin BSP Realty Trust
FBRT
210 hedge funds and large institutions have $541M invested in Franklin BSP Realty Trust in 2025 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 80 increasing their positions, 63 reducing their positions, and 32 closing their positions.
3,542% more call options, than puts
Call options by funds: $20.4M | Put options by funds: $559K
27% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 63
13% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 32
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% less funds holding
Funds holding: 211 → 210 (-1)
0.62% less ownership
Funds ownership: 61.97% → 61.35% (-0.62%)
17% less capital invested
Capital invested by funds: $648M → $541M (-$108M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.45M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.02M |
| 3 |
Two Sigma Investments
New York
|
+$2.96M |
| 4 |
GC
Gratia Capital
Los Angeles,
California
|
+$2.72M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
Cliffwater
Marina Del Rey,
California
|
-$13.2M |
| 2 |
BlackRock
New York
|
-$6.33M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$5.1M |
| 4 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$2.38M |
| 5 |
Goldman Sachs
New York
|
-$2.17M |
FBRT Hedge Fund Activity: Q2 2025 in Review
210 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Franklin BSP Realty Trust (FBRT) for Q2 2025, worth a combined $541M — down 17% from $648M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FBRT positions and 32 closed out — a net gain of 4 holders — while 80 added to existing stakes and 63 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $4.45M. The largest seller was Cliffwater, cutting an estimated $13.2M.
- 210 institutional investors held Franklin BSP Realty Trust (FBRT) as of Q2 2025, down from 211 in Q1 2025.
- Funds reported $541M of Franklin BSP Realty Trust stock for Q2 2025, down 17% quarter-over-quarter.
- 36 funds opened new Franklin BSP Realty Trust positions in Q2 2025 and 32 closed out, a net change of +4 holders.
- The largest Franklin BSP Realty Trust buyer in Q2 2025 was Balyasny Asset Management, an estimated $4.45M added.
- The largest Franklin BSP Realty Trust seller in Q2 2025 was Cliffwater, an estimated $13.2M sold.
Based on aggregated 13F filings for Q2 2025.