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First Industrial Realty Trust
FR

417 hedge funds and large institutions have $6.59B invested in First Industrial Realty Trust in 2025 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 150 increasing their positions, 162 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

7,150% more call options, than puts

Call options by funds: $725K | Put options by funds: $10K

6% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 47

4% more capital invested

Capital invested by funds: $6.33B → $6.59B (+$265M)

0% more funds holding in top 10

Funds holding in top 10: 8 → 8 (0)

1% less funds holding

Funds holding: 420 → 417 (-3)

7% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 162

2.4% less ownership

Funds ownership: 99.11% → 96.71% (-2.4%)

Holders
417
Holders Change
-3
Holders Change %
-0.71%
% of All Funds
5.47%
Holding in Top 10
8
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.11%
New
50
Increased
150
Reduced
162
Closed
47
Calls
$725K
Puts
$10K
Net Calls
+$715K
Net Calls Change
-$1.44M

Top Buyers

1
DPIM
Duff & Phelps Investment Management
Illinois
+$72.8M
2
Citadel Advisors
Citadel Advisors
Florida
+$52.9M
3
PI
PGGM Investments
Netherlands
+$37M
4
UBS AM
UBS AM
Illinois
+$35M
5
Alyeska Investment Group
Alyeska Investment Group
Illinois
+$27M

Top Sellers

1
AllianceBernstein
AllianceBernstein
Tennessee
-$57.7M
2
Janus Henderson Group
Janus Henderson Group
United Kingdom
-$37.7M
3
CC
Conversant Capital
New Jersey
-$18.8M
4
AQR Capital Management
AQR Capital Management
Connecticut
-$13.4M
5
Jane Street
Jane Street
New York
-$13.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$60.4M -$4.34M -86,441 -7%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$55.6M -$2.19M -43,495 -4%
Millennium Management
28
Millennium Management
New York
$55.4M -$11.9M -236,941 -18%
AIM
29
Artemis Investment Management
United Kingdom
$54.7M +$852K +16,957 +2%
Manulife (Manufacturers Life Insurance)
30
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$53.3M -$12.7M -252,191 -20%
Victory Capital Management
31
Victory Capital Management
Texas
$48.9M +$478K +9,522 +1%
LCOV
32
London Company of Virginia
Virginia
$48.5M -$1.29M -25,729 -3%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$47.1M +$3.93M +78,232 +9%
Bank of America
34
Bank of America
North Carolina
$46.2M -$4.79M -95,429 -10%
Russell Investments Group
35
Russell Investments Group
United Kingdom
$45.5M +$324K +6,446 +0.7%
UBS AM
36
UBS AM
Illinois
$44.1M +$35M +696,596 +436%
N
37
Nuveen
North Carolina
$39.1M -$727K -14,477 -2%
Legal & General Group
38
Legal & General Group
United Kingdom
$37.8M -$3.69M -73,421 -9%
QCM
39
Quantinno Capital Management
New York
$37.8M +$20.1M +400,776 +120%
LIMS
40
Lasalle Investment Management Securities
Maryland
$37.7M +$4.11M +81,878 +13%
LBIM
41
Land & Buildings Investment Management
Connecticut
$36.6M -$2.78M -55,390 -7%
UBS Group
42
UBS Group
Switzerland
$35M +$23M +458,114 +207%
Allianz Asset Management
43
Allianz Asset Management
Germany
$34.4M -$8.56M -170,294 -20%
HRES
44
Heitman Real Estate Securities
Illinois
$32.7M +$2.96M +58,828 +10%
SCGM
45
Starwood Capital Group Management
Florida
$29.9M – – –
BC
46
Brookfield Corp
Ontario, Canada
$23M +$22.5M +447,185 New
Fidelity Investments
47
Fidelity Investments
Massachusetts
$23M -$9.38M -186,801 -29%
PS
48
Presima Securities
Quebec, Canada
$22.9M -$4.13M -82,298 -16%
LIP
49
Lighthouse Investment Partners
Florida
$22.1M +$2.22M +44,200 +11%
RhumbLine Advisers
50
RhumbLine Advisers
Massachusetts
$21.7M -$666K -13,257 -3%
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FR Hedge Fund Activity: Q3 2025 in Review

417 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Industrial Realty Trust (FR) for Q3 2025, worth a combined $6.59B — up 4.2% from $6.33B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new FR positions and 47 closed out — a net gain of 3 holders — while 150 added to existing stakes and 162 trimmed.

The largest buyer was Duff & Phelps Investment Management, opening a new position worth an estimated $72.8M. The largest seller was AllianceBernstein, cutting an estimated $57.7M.

  • 417 institutional investors held First Industrial Realty Trust (FR) as of Q3 2025, down from 420 in Q2 2025.
  • Funds reported $6.59B of First Industrial Realty Trust stock for Q3 2025, up 4.2% quarter-over-quarter.
  • 50 funds opened new First Industrial Realty Trust positions in Q3 2025 and 47 closed out, a net change of +3 holders.
  • The largest First Industrial Realty Trust buyer in Q3 2025 was Duff & Phelps Investment Management, an estimated $72.8M added.
  • The largest First Industrial Realty Trust seller in Q3 2025 was AllianceBernstein, an estimated $57.7M sold.

Based on aggregated 13F filings for Q3 2025.