Terreno Realty
TRNO
127 hedge funds and large institutions have $1B invested in Terreno Realty in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 52 increasing their positions, 49 reducing their positions, and 12 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
4% more capital invested
Capital invested by funds: $963M → $1B (+$38M)
0.56% more ownership
Funds ownership: 100.61% → 101.17% (+0.56%)
1% less funds holding
Funds holding: 128 → 127 (-1)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.5M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$6.16M |
| 3 |
Goldman Sachs
New York
|
+$4.16M |
| 4 |
Asset Management One
Tokyo,
Japan
|
+$3.36M |
| 5 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.49M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$9.43M |
| 3 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$7.5M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.57M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
126
QS Investors
New York
| $1K | – | – | – |
|
|
KCM
127
Kennedy Capital Management
St Louis,
Missouri
| – | -$5.57M | -246,110 | Closed |
|
128
Two Sigma Investments
New York
| – | -$2.84M | -125,359 | Closed |
|
|
ECM
129
Element Capital Management
New York
| – | -$1.35M | -59,700 | Closed |
|
|
DC
130
Deere & Company
Moline,
Illinois
| – | -$212K | -9,368 | Closed |
|
131
BNP Paribas Financial Markets
Paris,
France
| – | -$188K | -8,298 | Closed |
|
132
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$68K | -2,984 | Closed |
|
|
TRCT
133
Tower Research Capital (TRC)
New York
| – | -$25K | -1,100 | Closed |
|
|
QCG
134
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$11.5K | -518 | -96% |
|
135
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -290 | Closed |
|
|
PMFA
136
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$7K | -290 | Closed |
|
|
IA
137
IFP Advisors
Tampa,
Florida
| – | -$2K | -104 | Closed |
|
|
FHA
138
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -55 | Closed |
|
TRNO Hedge Fund Activity: Q1 2016 in Review
127 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Terreno Realty (TRNO) for Q1 2016, worth a combined $1B — up 3.9% from $963M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TRNO and 11 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 52 added.
The largest buyer was Vanguard Group, adding an estimated $31.5M. The largest seller was Invesco, cutting an estimated $9.49M.
- 127 institutional investors held Terreno Realty (TRNO) as of Q1 2016, down from 128 in Q4 2015.
- Funds reported $1B of Terreno Realty stock for Q1 2016, up 3.9% quarter-over-quarter.
- 11 funds opened new Terreno Realty positions in Q1 2016 and 12 closed out, a net change of -1 holder.
- The largest Terreno Realty buyer in Q1 2016 was Vanguard Group, an estimated $31.5M added.
- The largest Terreno Realty seller in Q1 2016 was Invesco, an estimated $9.49M sold.
Based on aggregated 13F filings for Q1 2016.