First Industrial Realty Trust
184 hedge funds and large institutions have $1.87B invested in First Industrial Realty Trust in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 69 increasing their positions, 67 reducing their positions, and 14 closing their positions.
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
2% more funds holding
Funds holding: 181 → 184 (+3)
3% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 67
0.52% less ownership
Funds ownership: 100.69% → 100.17% (-0.52%)
10% less capital invested
Capital invested by funds: $2.09B → $1.87B (-$216M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$41.1M |
| 2 |
Cohen & Steers
New York
|
+$28.6M |
| 3 |
TAM
Third Avenue Management
New York
|
+$18.8M |
| 4 |
Millennium Management
New York
|
+$14.3M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$6.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$60M |
| 2 |
Bank of New York Mellon
New York
|
-$17.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$15.5M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$12.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.47M |
FR Hedge Fund Activity: Q3 2014 in Review
184 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Industrial Realty Trust (FR) for Q3 2014, worth a combined $1.87B — down 10% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FR positions and 14 closed out — a net gain of 4 holders — while 69 added to existing stakes and 67 trimmed.
The largest buyer was Prudential Financial, adding an estimated $41.1M. The largest seller was Deutsche Bank, cutting an estimated $60M.
- 184 institutional investors held First Industrial Realty Trust (FR) as of Q3 2014, up from 181 in Q2 2014.
- Funds reported $1.87B of First Industrial Realty Trust stock for Q3 2014, down 10% quarter-over-quarter.
- 18 funds opened new First Industrial Realty Trust positions in Q3 2014 and 14 closed out, a net change of +4 holders.
- The largest First Industrial Realty Trust buyer in Q3 2014 was Prudential Financial, an estimated $41.1M added.
- The largest First Industrial Realty Trust seller in Q3 2014 was Deutsche Bank, an estimated $60M sold.
Based on aggregated 13F filings for Q3 2014.