Terreno Realty
TRNO
98 hedge funds and large institutions have $622M invested in Terreno Realty in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 38 increasing their positions, 35 reducing their positions, and 11 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 35
1% less capital invested
Capital invested by funds: $630M → $622M (-$8.35M)
1.81% less ownership
Funds ownership: 101.53% → 99.72% (-1.8%)
8% less funds holding
Funds holding: 106 → 98 (-8)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
APG Asset Management US
New York
|
+$11.6M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$9M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$5.96M |
| 4 |
ACM
Adelante Capital Management
Alameda,
California
|
+$3.72M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$12.3M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$7.99M |
| 3 |
LFFS
La Francaise Forum Securities
Old Greenwich,
Connecticut
|
-$4.1M |
| 4 |
CPS
Counsel Portfolio Services
Mississauga,
Ontario, Canada
|
-$2.86M |
| 5 |
Goldman Sachs
New York
|
-$1.36M |
TRNO Hedge Fund Activity: Q3 2014 in Review
98 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Terreno Realty (TRNO) for Q3 2014, worth a combined $622M — down 1.3% from $630M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TRNO and 3 opened new positions — a net loss of 8 holders — while 35 trimmed existing stakes and 38 added.
The largest buyer was APG Asset Management US, adding an estimated $11.6M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $12.3M sold.
- 98 institutional investors held Terreno Realty (TRNO) as of Q3 2014, down from 106 in Q2 2014.
- Funds reported $622M of Terreno Realty stock for Q3 2014, down 1.3% quarter-over-quarter.
- 3 funds opened new Terreno Realty positions in Q3 2014 and 11 closed out, a net change of -8 holders.
- The largest Terreno Realty buyer in Q3 2014 was APG Asset Management US, an estimated $11.6M added.
- The largest Terreno Realty seller in Q3 2014 was Neuberger Berman Group, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2014.