CENTERSPACE CSR
COM · REIT · CUSIP 15202L107
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersMinot, ND
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.2m this quarter). Holder counts are more reliable. Shares outstanding: 16.8m as of 2025-07-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $60.24. Options: 1 managers hold calls ($0 notional), 2 hold puts ($42.0k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 164 |
| Q4 2022 | 149 |
| Q1 2023 | 153 |
| Q2 2023 | 157 |
| Q3 2023 | 158 |
| Q4 2023 | 167 |
| Q1 2024 | 174 |
| Q2 2024 | 168 |
| Q3 2024 | 193 |
| Q4 2024 | 196 |
| Q1 2025 | 205 |
| Q2 2025 | 214 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 64 | 70 |
| Q4 2023 | 71 | 76 |
| Q1 2024 | 66 | 79 |
| Q2 2024 | 67 | 84 |
| Q3 2024 | 96 | 69 |
| Q4 2024 | 105 | 67 |
| Q1 2025 | 97 | 80 |
| Q2 2025 | 116 | 79 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $323.7k | $176.2k | 0.54 |
| Q4 2024 | $165.4k | $132.3k | 0.80 |
| Q1 2025 | $71.2k | $103.6k | 1.45 |
| Q2 2025 | $0 | $42.0k | — |
Biggest buyers
| Land & Buildings Investment Management, LLC | New | +305.2k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | New | +127.3k |
| STRS OHIO | Added | +93.8k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Added | +75.8k |
| MACQUARIE GROUP LTD | Added | +68.1k |
| Phocas Financial Corp. | Added | +66.6k |
| UBS Group AG | Added | +40.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +33.1k |
| AQR CAPITAL MANAGEMENT LLC | Added | +27.8k |
| BANK OF MONTREAL /CAN/ | Added | +21.7k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -413.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -96.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -67.4k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Reduced | -55.8k |
| BlackRock, Inc. | Reduced | -49.2k |
| Invesco Ltd. | Reduced | -40.5k |
| NORGES BANK | Reduced | -30.9k |
| Employees Retirement System of Texas | Sold out | -28.9k |
| MARSHALL WACE, LLP | Reduced | -23.4k |
| NORTHERN TRUST CORP | Reduced | -19.5k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | New | $42.0k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-29 | 17.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-06 | 10.0% |
| Voss Capital, LP 13G · passive investor +2.7 pts · filed 2026-07-14 | 7.7% |
| STATE STREET CORP 13G · institution new · filed 2025-02-05 | 5.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: WELLINGTON MANAGEMENT GROUP LLP (2.8%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), SILVERCREST ASSET MANAGEMENT GROUP LLC (3.9%, 2026-02-17)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $28.2k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $73.5k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 2.9m $173.6m | Reduced -49.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.6m $157.2m | Added +8.1k |
| STATE STREET CORP 0.00% of their portfolio | 977.8k $59.6m | Added +16.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.32% of their portfolio | 798.5k $48.1m | Reduced -55.8k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 682.0k $41.0m | Added +68.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 435.0k $26.2m | Added +4.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 348.8k $21.0m | Added +20.3k |
| Land & Buildings Investment Management, LLC 3.67% of their portfolio | 305.2k $18.4m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 292.8k $17.6m | Added +33.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 236.9k $14.3m | Added +7.5k |
| Nuveen, LLC 0.00% of their portfolio | 222.9k $13.4m | Added +19.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 214.7k $12.9m | Reduced -413.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 211.2k $12.7m | Reduced -19.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 203.2k $12.2m | Reduced -375 |
| Pacific Heights Asset Management LLC 0.64% of their portfolio | 200.0k $12.0m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 181.9k $10.9m | Reduced -12.0k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.12% of their portfolio | 133.2k $8.0m | Added +75.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 131.0k $7.9m | Added +8.1k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.20% of their portfolio | 127.3k $7.7m | New |
| Phocas Financial Corp. 1.06% of their portfolio | 122.0k $7.3m | Added +66.6k |
| Legal & General Group Plc 0.00% of their portfolio | 113.8k $6.8m | Added +7.2k |
| WESTWOOD HOLDINGS GROUP INC 0.05% of their portfolio | 110.0k $6.6m | Unchanged |
| STRS OHIO 0.02% of their portfolio | 96.9k $5.8m | Added +93.8k |
| Invesco Ltd. 0.00% of their portfolio | 94.8k $5.7m | Reduced -40.5k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 93.6k $5.6m | Reduced -5.1k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 88.8k $5.3m | Reduced -3.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 87.4k $5.3m | Reduced -96.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 83.0k $5.0m | Reduced -10.1k |
| CITIGROUP INC 0.00% of their portfolio | 81.5k $4.9m | Reduced -13.8k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 73.0k $4.4m | Added +1.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 71.3k $4.3m | Reduced -67.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 66.9k $4.0m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 60.1k $3.6m | Added +40.8k |
| BARCLAYS PLC 0.00% of their portfolio | 58.1k $3.5m | Added +13.1k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 57.1k $3.4m | Added +4.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 53.1k $3.2m | Added +2.1k |
| GLOBEFLEX CAPITAL L P 0.24% of their portfolio | 47.6k $2.9m | Unchanged |
| GREAT LAKES ADVISORS, LLC 0.02% of their portfolio | 46.9k $2.8m | Reduced -6.2k |
| Evercore Wealth Management, LLC 0.04% of their portfolio | 46.8k $2.8m | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 45.7k $2.7m | Reduced -1.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 43.9k $2.5m | Added +1.6k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 38.9k $2.3m | Added +1.9k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 37.4k $2.2m | Reduced -23.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 32.7k $2.0m | Added +27.8k |
| Swiss National Bank 0.00% of their portfolio | 32.1k $1.9m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 32.0k $1.9m | Reduced -565 |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 31.9k $1.9m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 30.5k $1.8m | Added +14.7k |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 29.2k $1.8m | Added +1.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 29.1k $1.8m | Added +19.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 28.1k $1.7m | Added +3.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 26.9k $1.6m | Added +21.7k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 26.4k $1.6m | Added +2.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 25.8k $1.6m | Added +417 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 24.1k $1.4m | Added +556 |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 23.6k $1.4m | Added +1.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 23.1k $1.4m | Added +1.5k |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 22.8k $1.4m | Reduced -2.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 22.1k $1.3m | Reduced -17.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 22.1k $1.3m | Added +9.4k |
| FMR LLC 0.00% of their portfolio | 21.3k $1.3m | Added +1.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 20.9k $1.3m | Added +520 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 20.1k $1.2m | Added +2.0k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 19.5k $1.2m | Reduced -2.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 18.8k $1.1m | Reduced -4.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 18.2k $1.1m | Reduced -143 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 18.2k $1.1m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 18.1k $1.1m | Reduced -287 |
| NORGES BANK 0.00% of their portfolio | 18.1k $1.1m | Reduced -30.9k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 18.1k $1.1m | Added +957 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 17.3k $1.0m | Added +1.3k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.04% of their portfolio | 16.9k $1.0m | Added +1.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 16.8k $1.0m | Added +100 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 16.6k $1.0m | Added +1.1k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 16.0k $960.2k | Added +2.1k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 15.6k $938.0k | Added +1.4k |
| Lighthouse Investment Partners, LLC 0.04% of their portfolio | 15.5k $932.9k | New |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 14.6k $878.8k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 14.5k $871.8k | Reduced -306 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 14.2k $857.2k | Reduced -160 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 14.0k $842.9k | Reduced -13.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 13.5k $810.0k | Added +566 |
| Pensionfund PDN 0.52% of their portfolio | 12.8k $769.0k | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 12.3k $741.7k | Added +1.4k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 12.3k $741.0k | Added +134 |
| Cerity Partners LLC 0.00% of their portfolio | 12.2k $735.0k | Added +511 |
| Amundi 0.00% of their portfolio | 10.9k $661.4k | Reduced -5.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 10.4k $628.9k | Reduced -1.6k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 10.3k $618.3k | Added +2 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 9.8k $591.8k | Reduced -2.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 9.6k $580.3k | Added +331 |
| Nebula Research & Development LLC 0.05% of their portfolio | 9.5k $569.6k | Added +1.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 9.5k $569.0k | Added +839 |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 9.0k $542.9k | Added +28 |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 8.9k $537.6k | Added +206 |
| Capital Square, LLC 0.27% of their portfolio | 8.4k $502.7k | Added +271 |
| Penserra Capital Management LLC 0.01% of their portfolio | 7.9k $476.0k | Reduced -222 |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 7.8k $469.5k | Unchanged |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 7.7k $463.9k | New |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 7.4k $445.4k | Reduced -11.8k |