First Industrial Realty Trust
232 hedge funds and large institutions have $3.16B invested in First Industrial Realty Trust in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 74 increasing their positions, 97 reducing their positions, and 20 closing their positions.
280% more call options, than puts
Call options by funds: $342K | Put options by funds: $90K
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
4% more funds holding
Funds holding: 223 → 232 (+9)
2% less capital invested
Capital invested by funds: $3.23B → $3.16B (-$78.6M)
1.86% less ownership
Funds ownership: 98.13% → 96.27% (-1.9%)
24% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 97
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$32.6M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.4M |
| 3 |
JP Morgan Chase
New York
|
+$10.7M |
| 4 |
Morgan Stanley
New York
|
+$10.2M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$8.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$22.2M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$17.9M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$13.8M |
| 4 |
TAM
Third Avenue Management
New York
|
-$12M |
| 5 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$9.32M |
FR Hedge Fund Activity: Q4 2016 in Review
232 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Industrial Realty Trust (FR) for Q4 2016, worth a combined $3.16B — down 2.4% from $3.23B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FR positions and 20 closed out — a net gain of 12 holders — while 74 added to existing stakes and 97 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $32.6M. The largest seller was Invesco, cutting an estimated $22.2M.
- 232 institutional investors held First Industrial Realty Trust (FR) as of Q4 2016, up from 223 in Q3 2016.
- Funds reported $3.16B of First Industrial Realty Trust stock for Q4 2016, down 2.4% quarter-over-quarter.
- 32 funds opened new First Industrial Realty Trust positions in Q4 2016 and 20 closed out, a net change of +12 holders.
- The largest First Industrial Realty Trust buyer in Q4 2016 was Bank of New York Mellon, an estimated $32.6M added.
- The largest First Industrial Realty Trust seller in Q4 2016 was Invesco, an estimated $22.2M sold.
Based on aggregated 13F filings for Q4 2016.