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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.

New
Increased
Maintained
Reduced
Closed

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: 11 (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: 171162 (-9)

36% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 22

Holders
162
Holders Change
-9
Holders Change %
-5.26%
% of All Funds
5.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
55
Reduced
59
Closed
22
Calls
$10K
Puts
Net Calls
+$10K
Net Calls Change
+$193K
Name Holding Trade Value Shares
Change
Change in
Stake
Cohen & Steers
1
Cohen & Steers
New York
$206M -$1.3M -80,869 -0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$206M +$1.58M +98,131 +0.8%
LCOV
3
London Company of Virginia
Virginia
$129M +$37.6M +2,338,507 +42%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$114M -$39.2M -2,435,877 -26%
Principal Financial Group
5
Principal Financial Group
Iowa
$113M -$1.32M -81,792 -1%
Daiwa Securities Group
6
Daiwa Securities Group
Japan
$83.2M -$2.36M -146,994 -3%
TAM
7
Third Avenue Management
New York
$70.5M
BIT
8
BlackRock Institutional Trust
California
$65.9M +$2.06M +128,139 +3%
BFA
9
BlackRock Fund Advisors
California
$47.1M +$4.81M +299,237 +12%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$43.3M +$39.8M +2,477,132 +1,324%
Northern Trust
11
Northern Trust
Illinois
$40M +$133K +8,242 +0.3%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$38.1M +$6.09M +378,786 +19%
Lord, Abbett & Co
13
Lord, Abbett & Co
New Jersey
$37.2M -$16.4M -1,022,070 -31%
Ameriprise
14
Ameriprise
Minnesota
$34.5M +$9.09M +565,070 +36%
State Street
15
State Street
Massachusetts
$33.8M -$57.8K -3,595 -0.2%
JP Morgan Chase
16
JP Morgan Chase
New York
$24.3M +$200K +12,408 +0.8%
O
17
OppenheimerFunds
New York
$24M -$119K -7,410 -0.5%
American Century Companies
18
American Century Companies
Missouri
$22.9M +$5.78M +359,253 +34%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$19.4M +$1.41M +87,563 +8%
NI
20
Numeric Investors
Massachusetts
$15.6M +$3.13M +194,728 +25%
Norges Bank
21
Norges Bank
Norway
$15.3M
RFC
22
Russell Frank Company
Washington
$15M -$1.29M -80,175 -8%
Macquarie Group
23
Macquarie Group
Australia
$14.4M -$2.27M -140,946 -14%
TA
24
Teachers Advisors
New York
$13.6M +$13.8K +857 +0.1%
TCIM
25
TIAA CREF Investment Management
New York
$13.1M -$131K -8,161 -1%

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.