First Industrial Realty Trust
217 hedge funds and large institutions have $2.6B invested in First Industrial Realty Trust in 2016 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 87 increasing their positions, 62 reducing their positions, and 23 closing their positions.
87% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 23
40% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 62
10% more capital invested
Capital invested by funds: $2.37B → $2.6B (+$229M)
9% more funds holding
Funds holding: 199 → 217 (+18)
8.21% more ownership
Funds ownership: 96.71% → 104.92% (+8.2%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$42.7M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$40.1M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$34.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$32.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$59.1M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
-$49.9M |
| 3 |
TAM
Third Avenue Management
New York
|
-$42.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.4M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$15.3M |
FR Hedge Fund Activity: Q1 2016 in Review
217 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in First Industrial Realty Trust (FR) for Q1 2016, worth a combined $2.6B — up 9.7% from $2.37B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FR positions and 23 closed out — a net gain of 20 holders — while 87 added to existing stakes and 62 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $42.7M. The largest seller was Invesco, cutting an estimated $59.1M.
- 217 institutional investors held First Industrial Realty Trust (FR) as of Q1 2016, up from 199 in Q4 2015.
- Funds reported $2.6B of First Industrial Realty Trust stock for Q1 2016, up 9.7% quarter-over-quarter.
- 43 funds opened new First Industrial Realty Trust positions in Q1 2016 and 23 closed out, a net change of +20 holders.
- The largest First Industrial Realty Trust buyer in Q1 2016 was BlackRock Fund Advisors, an estimated $42.7M added.
- The largest First Industrial Realty Trust seller in Q1 2016 was Invesco, an estimated $59.1M sold.
Based on aggregated 13F filings for Q1 2016.