Terreno Realty
TRNO
339 hedge funds and large institutions have $6.21B invested in Terreno Realty in 2025 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 161 increasing their positions, 109 reducing their positions, and 55 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 109
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.49% less ownership
Funds ownership: 109.57% → 107.07% (-2.5%)
4% less funds holding
Funds holding: 354 → 339 (-15)
13% less capital invested
Capital invested by funds: $7.14B → $6.21B (-$931M)
20% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$52.7M |
| 2 |
OCM
Osterweis Capital Management
San Francisco,
California
|
+$34.4M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$23.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.2M |
| 5 |
TIA
Tandem Investment Advisors
Charleston,
South Carolina
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$82M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$65.4M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$27.5M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$27M |
| 5 |
GC
Gillson Capital
Chicago,
Illinois
|
-$24M |
TRNO Hedge Fund Activity: Q2 2025 in Review
339 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Terreno Realty (TRNO) for Q2 2025, worth a combined $6.21B — down 13% from $7.14B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of TRNO and 44 opened new positions — a net loss of 11 holders — while 109 trimmed existing stakes and 161 added.
The largest buyer was Norges Bank, adding an estimated $52.7M. The largest seller was Fidelity Investments, cutting an estimated $82M.
- 339 institutional investors held Terreno Realty (TRNO) as of Q2 2025, down from 354 in Q1 2025.
- Funds reported $6.21B of Terreno Realty stock for Q2 2025, down 13% quarter-over-quarter.
- 44 funds opened new Terreno Realty positions in Q2 2025 and 55 closed out, a net change of -11 holders.
- The largest Terreno Realty buyer in Q2 2025 was Norges Bank, an estimated $52.7M added.
- The largest Terreno Realty seller in Q2 2025 was Fidelity Investments, an estimated $82M sold.
Based on aggregated 13F filings for Q2 2025.