Who owns First Industrial Realty Trust (FR)
Which tracked institutional funds hold FR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FR 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
134 tracked funds added or opened FR while 91 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
FR’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 gap the other way — the median holder sizes FR more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FR 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 449 tracked filers holding FR, 241 increased or opened the position and 210 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 FR 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 26
- Arbejdsmarkedets Tillaegspension$22M
- Hazelview Securities Inc.$12M
- Robeco Institutional Asset Management B.V.$9M
- Hudson Bay Capital Management LP$8M
- Jupiter Topco LLC$4M
- Man Group plc$4M
Full exits 41
- COHEN & STEERS, INC.$158M
- Thrivent Financial for Lutherans$124M
- PGGM Investments$66M
- Jain Global LLC$31M
- STRS OHIO$27M
- TOMS Capital Investment Management LP$22M
Largest adds
- BlackRock, Inc.$209M
- NORGES BANK$142M
- JPMORGAN CHASE & CO$74M
- VANGUARD PORTFOLIO MANAGEMENT LLC$50M
- CENTERSQUARE INVESTMENT MANAGEMENT LLC$48M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$48M
Largest trims
- Invesco Ltd.$37M
- Engineers Gate Manager LP$30M
- DEUTSCHE BANK AG\$29M
- Alyeska Investment Group, L.P.$28M
- CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC$26M
- RUSH ISLAND MANAGEMENT, LP$23M
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 | 16,661,052 | $1.0B | 14.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 12,719,991 | $780M | 10.7% | 2026-Q2 |
| STATE STREET CORP trimmed | 6,328,788 | $391M | 5.4% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 5,982,850 | $367M | 5.0% | 2026-Q2 |
| NORGES BANK added | 5,470,630 | $335M | 4.6% | 2026-Q2 |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC added | 4,855,292 | $298M | 4.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,851,824 | $175M | 2.4% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 2,613,042 | $160M | 2.2% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,587,326 | $159M | 2.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,581,701 | $164M | 2.3% | 2026-Q2 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO added | 2,469,752 | $151M | 2.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 2,393,504 | $147M | 2.0% | 2026-Q2 |
| MORGAN STANLEY added | 2,186,787 | $134M | 1.8% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 2,010,476 | $123M | 1.7% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 1,752,307 | $107M | 1.5% | 2026-Q2 |
| Nuveen, LLC trimmed | 1,683,994 | $103M | 1.4% | 2026-Q2 |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC trimmed | 1,679,978 | $103M | 1.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,658,792 | $101M | 1.4% | 2026-Q2 |
| Quantinno Capital Management LP added | 1,523,901 | $93M | 1.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,521,640 | $93M | 1.3% | 2026-Q2 |
| Alyeska Investment Group, L.P. trimmed | 1,448,712 | $89M | 1.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 1,300,439 | $80M | 1.1% | 2026-Q2 |
| RUSH ISLAND MANAGEMENT, LP trimmed | 1,282,572 | $79M | 1.1% | 2026-Q2 |
| Artemis Investment Management LLP added | 1,237,486 | $76M | 1.0% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added | 1,127,045 | $69M | 0.9% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 1,044,562 | $64M | 0.9% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 1,017,402 | $62M | 0.9% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 871,189 | $53M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 857,737 | $53M | 0.7% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 843,327 | $52M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 839,144 | $51M | 0.7% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 837,358 | $51M | 0.7% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 823,768 | $51M | 0.7% | 2026-Q2 |
| Woodline Partners LP added | 820,105 | $50M | 0.7% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 797,769 | $49M | 0.7% | 2026-Q2 |
| LONDON CO OF VIRGINIA trimmed | 796,451 | $49M | 0.7% | 2026-Q2 |
| FRONTIER CAPITAL MANAGEMENT CO LLC trimmed | 788,792 | $48M | 0.7% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 786,503 | $48M | 0.7% | 2026-Q2 |
| Land & Buildings Investment Management, LLC trimmed | 781,077 | $48M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 765,344 | $47M | 0.6% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 745,818 | $46M | 0.6% | 2026-Q2 |
| Legal & General Group Plc trimmed | 699,998 | $43M | 0.6% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 670,841 | $39M | 0.5% | 2026-Q2 |
| KENNEDY CAPITAL MANAGEMENT LLC added | 600,891 | $37M | 0.5% | 2026-Q2 |
| Heitman Real Estate Securities LLC trimmed | 587,845 | $36M | 0.5% | 2026-Q2 |
| Starwood Capital Group Management, L.L.C. | 581,012 | $36M | 0.5% | 2026-Q2 |
| Adelante Capital Management LLC added | 576,611 | $11M | 0.2% | 2026-Q2 |
| Gotham Asset Management, LLC added | 546,936 | $34M | 0.5% | 2026-Q2 |
| Boston Partners added | 492,787 | $30M | 0.4% | 2026-Q2 |
| Lighthouse Investment Partners, LLC added | 434,237 | $27M | 0.4% | 2026-Q2 |
| Vision Capital Corp trimmed | 429,587 | $26M | 0.4% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 426,259 | $26M | 0.4% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 408,367 | $25M | 0.3% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 395,737 | $24M | 0.3% | 2026-Q2 |
| Alberta Investment Management Corp | 393,302 | $24M | 0.3% | 2026-Q2 |
| Engineers Gate Manager LP trimmed | 374,675 | $23M | 0.3% | 2026-Q2 |
| State of Tennessee, Department of Treasury trimmed | 370,556 | $23M | 0.3% | 2026-Q2 |
| Arbejdsmarkedets Tillaegspension new | 360,026 | $22M | 0.3% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 353,254 | $22M | 0.3% | 2026-Q2 |
| SEGALL BRYANT & HAMILL, LLC added | 350,440 | $21M | 0.3% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 341,159 | $21M | 0.3% | 2026-Q2 |
| APG Asset Management US Inc. | 309,950 | $19M | 0.3% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 309,926 | $19M | 0.3% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 301,248 | $18M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 301,037 | $18M | 0.3% | 2026-Q2 |
| Daiwa Securities Group Inc. trimmed | 285,335 | $17M | 0.2% | 2026-Q2 |
| FMR LLC trimmed | 285,261 | $17M | 0.2% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 282,940 | $17M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 276,179 | $17M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 274,805 | $17M | 0.2% | 2026-Q2 |
| UBS Group AG trimmed | 270,487 | $17M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 266,000 | $16M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System added | 264,151 | $16M | 0.2% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 251,996 | $15M | 0.2% | 2026-Q2 |
| Caisse de depot et placement du Quebec added | 240,483 | $15M | 0.2% | 2026-Q2 |
| Asset Management One Co., Ltd. added | 228,490 | $14M | 0.2% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD added | 219,640 | $13M | 0.2% | 2026-Q2 |
| Apollo Management Holdings, L.P. | 208,950 | $13M | 0.2% | 2026-Q2 |
| CITIGROUP INC trimmed | 203,644 | $12M | 0.2% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 202,956 | $12M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 197,860 | $12M | 0.2% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 196,791 | $12M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 191,748 | $11M | 0.2% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 188,641 | $12M | 0.2% | 2026-Q2 |
| Hazelview Securities Inc. trimmed | 187,691 | $12M | 0.2% | 2026-Q2 |
| Corient Private Wealth LP added | 176,907 | $11M | 0.1% | 2026-Q2 |
| BARCLAYS PLC trimmed | 176,333 | $11M | 0.1% | 2026-Q2 |
| NFJ INVESTMENT GROUP, LLC trimmed | 174,814 | $11M | 0.1% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC trimmed | 165,780 | $10M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 154,805 | $9M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 154,137 | $9M | 0.1% | 2026-Q2 |
| Fisher Asset Management, LLC added | 153,681 | $9M | 0.1% | 2026-Q2 |
| Verition Fund Management LLC added | 152,626 | $9M | 0.1% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. new | 148,619 | $9M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 141,125 | $9M | 0.1% | 2026-Q2 |
| Argosy-Lionbridge Management, LLC trimmed | 138,964 | $9M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 138,417 | $8M | 0.1% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 137,115 | $8M | 0.1% | 2026-Q2 |
| Sterling Capital Management LLC added | 133,628 | $8M | 0.1% | 2026-Q2 |
| Focus Partners Wealth trimmed | 133,316 | $8M | 0.1% | 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.