Who owns Brandywine Realty Trust (BDN)
Which tracked institutional funds hold BDN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BDN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
37 tracked funds added or opened BDN while 18 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BDN’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BDN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 216 tracked filers holding BDN, 128 increased or opened the position and 100 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BDN between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 1
- BOOTHBAY FUND MANAGEMENT, LLC$508K
Full exits 8
- NORDEA INVESTMENT MANAGEMENT AB$8M
- HRT FINANCIAL LP$4M
- LSV ASSET MANAGEMENT$3M
- Penserra Capital Management LLC$921K
- CANADA LIFE ASSURANCE Co$831K
- Robeco Institutional Asset Management B.V.$824K
Largest adds
- BlackRock, Inc.$22M
- AQR CAPITAL MANAGEMENT LLC$8M
- MARSHALL WACE, LLP$6M
- GOLDMAN SACHS GROUP INC$5M
- VANGUARD PORTFOLIO MANAGEMENT LLC$4M
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$4M
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- Point72 Asset Management, L.P.$2M
- FEDERATED HERMES, INC.$2M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$1M
- MILLENNIUM MANAGEMENT LLC$920K
- UBS Group AG$891K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 25,755,775 | $82M | 21.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 8,646,416 | $27M | 7.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 7,384,527 | $23M | 6.0% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 6,772,580 | $21M | 5.5% | 2026-Q2 |
| STATE STREET CORP added | 5,745,458 | $18M | 4.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 5,438,475 | $17M | 4.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 5,398,887 | $17M | 4.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 5,116,320 | $16M | 4.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,972,587 | $16M | 4.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 4,185,954 | $13M | 3.4% | 2026-Q2 |
| LM Asset Management Inc. trimmed | 3,369,000 | $11M | 2.8% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 3,288,148 | $10M | 2.7% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 2,929,233 | $9M | 2.4% | 2026-Q2 |
| Divco West Real Estate Services, LLC | 2,445,594 | $8M | 2.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,121,993 | $7M | 1.7% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,793,646 | $6M | 1.5% | 2026-Q2 |
| MARSHALL WACE, LLP added | 1,786,385 | $6M | 1.5% | 2026-Q2 |
| Allianz Asset Management GmbH added | 1,778,232 | $6M | 1.5% | 2026-Q2 |
| MORGAN STANLEY trimmed | 1,404,908 | $4M | 1.1% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 1,339,385 | $4M | 1.1% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 1,237,294 | $4M | 1.0% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 1,155,618 | $4M | 0.9% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO added | 1,002,668 | $3M | 0.8% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 788,348 | $3M | 0.7% | 2026-Q2 |
| Nuveen, LLC added | 762,333 | $2M | 0.6% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 730,696 | $2M | 0.6% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 596,291 | $2M | 0.5% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 593,979 | $2M | 0.5% | 2026-Q2 |
| Invesco Ltd. trimmed | 514,051 | $2M | 0.4% | 2026-Q2 |
| IEQ CAPITAL, LLC added | 473,942 | $2M | 0.4% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 466,864 | $1M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 457,458 | $1M | 0.4% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 438,467 | $1M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 426,063 | $1M | 0.3% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 409,574 | $1M | 0.3% | 2026-Q2 |
| Abundance Wealth Counselors added | 392,850 | $1M | 0.3% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 353,751 | $1M | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 352,354 | $1M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 331,200 | $1M | 0.3% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 312,025 | $989K | 0.3% | 2026-Q2 |
| UBS Group AG trimmed | 309,845 | $982K | 0.3% | 2026-Q2 |
| NATIXIS added | 300,000 | $951K | 0.2% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD added | 286,900 | $909K | 0.2% | 2026-Q2 |
| Graham Capital Management, L.P. trimmed | 278,966 | $884K | 0.2% | 2026-Q2 |
| Verus Financial Partners, Inc. added | 272,417 | $864K | 0.2% | 2026-Q2 |
| Hazelview Securities Inc. added | 265,994 | $862K | 0.2% | 2026-Q2 |
| XTX Topco Ltd added | 258,774 | $820K | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 245,338 | $778K | 0.2% | 2026-Q2 |
| Pacific Ridge Capital Partners, LLC trimmed | 245,003 | $777K | 0.2% | 2026-Q2 |
| Mariner, LLC added | 241,341 | $765K | 0.2% | 2026-Q2 |
| Asset Management One Co., Ltd. trimmed | 221,393 | $702K | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 216,276 | $686K | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 214,887 | $681K | 0.2% | 2026-Q2 |
| Inspire Investing, LLC added | 213,161 | $676K | 0.2% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 204,409 | $648K | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 201,659 | $639K | 0.2% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 186,476 | $591K | 0.2% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 169,570 | $538K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 169,127 | $480K | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 166,056 | $526K | 0.1% | 2026-Q2 |
| Cerity Partners LLC added | 165,783 | $526K | 0.1% | 2026-Q2 |
| Verition Fund Management LLC trimmed | 165,020 | $523K | 0.1% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 164,779 | $522K | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 162,606 | $515K | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 160,750 | $436K | 0.1% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 160,370 | $508K | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. | 155,659 | $493K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 147,943 | $469K | 0.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 143,400 | $455K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 142,340 | $451K | 0.1% | 2026-Q2 |
| Sterling Capital Management LLC trimmed | 141,688 | $449K | 0.1% | 2026-Q2 |
| Legal & General Group Plc trimmed | 134,145 | $425K | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 132,221 | $419K | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 128,850 | $408K | 0.1% | 2026-Q2 |
| Creative Planning added | 125,583 | $398K | 0.1% | 2026-Q2 |
| Gallagher Fiduciary Advisors, LLC trimmed | 116,790 | $370K | 0.1% | 2026-Q2 |
| Atria Investments, Inc trimmed | 116,228 | $368K | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 114,628 | $363K | 0.1% | 2026-Q2 |
| Redhawk Wealth Advisors, Inc. added | 113,935 | $361K | 0.1% | 2026-Q2 |
| WINTON GROUP Ltd added | 109,500 | $347K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 99,845 | $317K | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 93,262 | $296K | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 89,922 | $285K | 0.1% | 2026-Q2 |
| FMR LLC added | 86,822 | $275K | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO added | 82,662 | $262K | 0.1% | 2026-Q2 |
| Resona Asset Management Co.,Ltd. | 78,449 | $254K | 0.1% | 2026-Q2 |
| ALPS ADVISORS INC added | 77,887 | $247K | 0.1% | 2026-Q2 |
| Jupiter Topco LLC new | 74,935 | $237K | 0.1% | 2026-Q2 |
| Vert Asset Management LLC added | 72,480 | $230K | 0.1% | 2026-Q2 |
| Arrow Investment Advisors, LLC added | 71,199 | $226K | 0.1% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 69,060 | $219K | 0.1% | 2026-Q2 |
| Investment Research Partners LLC added | 68,670 | $218K | 0.1% | 2026-Q2 |
| SHEETS SMITH WEALTH MANAGEMENT added | 68,473 | $217K | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 67,390 | $214K | 0.1% | 2026-Q2 |
| Daiwa Securities Group Inc. added | 67,383 | $214K | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 66,758 | $212K | 0.1% | 2026-Q2 |
| TEACHER RETIREMENT SYSTEM OF TEXAS added | 65,762 | $208K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 63,299 | $200K | 0.1% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 59,007 | $187K | 0.0% | 2026-Q2 |
| Corient Private Wealth LP added | 58,773 | $186K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.