Franklin BSP Realty Trust
FBRT
210 hedge funds and large institutions have $490M invested in Franklin BSP Realty Trust in 2025 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 70 increasing their positions, 77 reducing their positions, and 36 closing their positions.
11,063% more call options, than puts
Call options by funds: $893K | Put options by funds: $8K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.01% more ownership
Funds ownership: 59.65% → 59.66% (+0.01%)
8% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 36
9% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 77
2% less funds holding
Funds holding: 215 → 210 (-5)
8% less capital invested
Capital invested by funds: $534M → $490M (-$44.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.01M |
| 2 |
Two Sigma Investments
New York
|
+$4.81M |
| 3 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
+$3.15M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$1.77M |
| 5 |
BlackRock
New York
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
STAS
Strong Tower Advisory Services
Minneapolis,
Minnesota
|
-$14.3M |
| 2 |
Neuberger Berman Group
New York
|
-$6.52M |
| 3 |
GA
GraniteShares Advisors
New York
|
-$2.67M |
| 4 |
Renaissance Technologies
New York
|
-$1.61M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$1.56M |
FBRT Hedge Fund Activity: Q4 2025 in Review
210 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Franklin BSP Realty Trust (FBRT) for Q4 2025, worth a combined $490M — down 8.3% from $534M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FBRT and 33 opened new positions — a net loss of 3 holders — while 77 trimmed existing stakes and 70 added.
The largest buyer was Invesco, adding an estimated $8.01M. The largest seller was Strong Tower Advisory Services, cutting an estimated $14.3M.
- 210 institutional investors held Franklin BSP Realty Trust (FBRT) as of Q4 2025, down from 215 in Q3 2025.
- Funds reported $490M of Franklin BSP Realty Trust stock for Q4 2025, down 8.3% quarter-over-quarter.
- 33 funds opened new Franklin BSP Realty Trust positions in Q4 2025 and 36 closed out, a net change of -3 holders.
- The largest Franklin BSP Realty Trust buyer in Q4 2025 was Invesco, an estimated $8.01M added.
- The largest Franklin BSP Realty Trust seller in Q4 2025 was Strong Tower Advisory Services, an estimated $14.3M sold.
Based on aggregated 13F filings for Q4 2025.