First Industrial Realty Trust
162 hedge funds and large institutions have $1.7B invested in First Industrial Realty Trust in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 55 increasing their positions, 59 reducing their positions, and 22 closing their positions.
6% more capital invested
Capital invested by funds: $1.59B → $1.7B (+$103M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 59
2.86% less ownership
Funds ownership: 97.77% → 94.91% (-2.9%)
5% less funds holding
Funds holding: 171 → 162 (-9)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.8M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$37.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.09M |
| 4 |
PIP
Perennial Investment Partners
Sydney,
Australia
|
+$7.77M |
| 5 |
Bank of New York Mellon
New York
|
+$6.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$19M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$16.4M |
| 4 |
SRES
Starwood Real Estate Securities
Greenwich,
Connecticut
|
-$11.9M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$10.6M |
FR Hedge Fund Activity: Q3 2013 in Review
162 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Industrial Realty Trust (FR) for Q3 2013, worth a combined $1.7B — up 6.4% from $1.59B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FR and 14 opened new positions — a net loss of 8 holders — while 59 trimmed existing stakes and 55 added.
The largest buyer was Wellington Management Group, adding an estimated $39.8M. The largest seller was Fidelity Investments, cutting an estimated $39.2M.
- 162 institutional investors held First Industrial Realty Trust (FR) as of Q3 2013, down from 171 in Q2 2013.
- Funds reported $1.7B of First Industrial Realty Trust stock for Q3 2013, up 6.4% quarter-over-quarter.
- 14 funds opened new First Industrial Realty Trust positions in Q3 2013 and 22 closed out, a net change of -8 holders.
- The largest First Industrial Realty Trust buyer in Q3 2013 was Wellington Management Group, an estimated $39.8M added.
- The largest First Industrial Realty Trust seller in Q3 2013 was Fidelity Investments, an estimated $39.2M sold.
Based on aggregated 13F filings for Q3 2013.