First Industrial Realty Trust
344 hedge funds and large institutions have $7B invested in First Industrial Realty Trust in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 122 increasing their positions, 126 reducing their positions, and 32 closing their positions.
28% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 32
13% more capital invested
Capital invested by funds: $6.21B → $7B (+$794M)
2.24% more ownership
Funds ownership: 97.36% → 99.6% (+2.2%)
1% more funds holding
Funds holding: 342 → 344 (+2)
3% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 126
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
35% less call options, than puts
Call options by funds: $638K | Put options by funds: $979K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$106M |
| 2 |
JP Morgan Chase
New York
|
+$70M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$62M |
| 4 |
Cohen & Steers
New York
|
+$46.8M |
| 5 |
Morgan Stanley
New York
|
+$41.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$78.6M |
| 2 |
RIM
Rush Island Management
New York
|
-$53.1M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$42M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$38.9M |
| 5 |
CWM
CIBC World Markets
New York
|
-$36.5M |
FR Hedge Fund Activity: Q1 2023 in Review
344 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Industrial Realty Trust (FR) for Q1 2023, worth a combined $7B — up 13% from $6.21B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FR positions and 32 closed out — a net gain of 9 holders — while 122 added to existing stakes and 126 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $106M. The largest seller was Deutsche Bank, cutting an estimated $78.6M.
- 344 institutional investors held First Industrial Realty Trust (FR) as of Q1 2023, up from 342 in Q4 2022.
- Funds reported $7B of First Industrial Realty Trust stock for Q1 2023, up 13% quarter-over-quarter.
- 41 funds opened new First Industrial Realty Trust positions in Q1 2023 and 32 closed out, a net change of +9 holders.
- The largest First Industrial Realty Trust buyer in Q1 2023 was Nomura Holdings, an estimated $106M added.
- The largest First Industrial Realty Trust seller in Q1 2023 was Deutsche Bank, an estimated $78.6M sold.
Based on aggregated 13F filings for Q1 2023.