Franklin Street Properties
147 hedge funds and large institutions have $135M invested in Franklin Street Properties in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 44 reducing their positions, and 44 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 44
2.67% less ownership
Funds ownership: 85.79% → 83.12% (-2.7%)
15% less funds holding
Funds holding: 172 → 147 (-25)
44% less capital invested
Capital invested by funds: $242M → $135M (-$107M)
52% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 44
83% less call options, than puts
Call options by funds: $4K | Put options by funds: $24K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.68M |
| 2 |
Millennium Management
New York
|
+$4.46M |
| 3 |
Morgan Stanley
New York
|
+$2.84M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.67M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$21.6M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$5.71M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.83M |
| 4 |
State Street
Boston,
Massachusetts
|
-$3.8M |
| 5 |
AI
Acuitas Investments
Seattle,
Washington
|
-$3.3M |
FSP Hedge Fund Activity: Q1 2023 in Review
147 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Franklin Street Properties (FSP) for Q1 2023, worth a combined $135M — down 44% from $242M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of FSP and 21 opened new positions — a net loss of 23 holders — while 44 trimmed existing stakes and 47 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $7.68M. The largest seller was BlackRock, cutting an estimated $21.6M.
- 147 institutional investors held Franklin Street Properties (FSP) as of Q1 2023, down from 172 in Q4 2022.
- Funds reported $135M of Franklin Street Properties stock for Q1 2023, down 44% quarter-over-quarter.
- 21 funds opened new Franklin Street Properties positions in Q1 2023 and 44 closed out, a net change of -23 holders.
- The largest Franklin Street Properties buyer in Q1 2023 was Balyasny Asset Management, an estimated $7.68M added.
- The largest Franklin Street Properties seller in Q1 2023 was BlackRock, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2023.