FEDERAL RLTY INVT TR NEW FRT
SH BEN INT NEW · REIT · CUSIP 313745101 · ISIN US3137451015
Real Estate Investment Trust in the United States
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNorth Bethesda, MD
- Founded1984
- Websitefederalrealty.com
- 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 ($57.0m this quarter). Holder counts are more reliable. Shares outstanding: 86.4m as of 2026-04-28, 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 ≈ $106.14. Options: 5 managers hold calls ($15.1m notional), 9 hold puts ($20.5m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 387 |
| Q4 2022 | 422 |
| Q1 2023 | 431 |
| Q2 2023 | 413 |
| Q3 2023 | 414 |
| Q4 2023 | 451 |
| Q1 2024 | 447 |
| Q2 2024 | 451 |
| Q3 2024 | 504 |
| Q4 2024 | 489 |
| Q1 2025 | 480 |
| Q2 2025 | 489 |
| Q3 2025 | 508 |
| Q4 2025 | 525 |
| Q1 2026 | 558 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 214 | 187 |
| Q3 2024 | 269 | 175 |
| Q4 2024 | 247 | 217 |
| Q1 2025 | 244 | 220 |
| Q2 2025 | 291 | 188 |
| Q3 2025 | 263 | 217 |
| Q4 2025 | 270 | 214 |
| Q1 2026 | 295 | 193 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $18.5m | $7.2m | 0.39 |
| Q3 2025 | $25.7m | $4.4m | 0.17 |
| Q4 2025 | $16.9m | $12.4m | 0.73 |
| Q1 2026 | $15.1m | $20.5m | 1.36 |
Biggest buyers
| Nuveen, LLC | Added | +828.2k |
| NORTHERN TRUST CORP | Added | +403.1k |
| GRS Advisors, LLC | Added | +341.8k |
| Resolution Capital Ltd | Added | +340.5k |
| FIRST TRUST ADVISORS LP | Added | +333.9k |
| AQR CAPITAL MANAGEMENT LLC | Added | +305.0k |
| BANK OF AMERICA CORP /DE/ | Added | +241.7k |
| MORGAN STANLEY | Added | +226.7k |
| FMR LLC | Added | +198.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +196.7k |
Biggest sellers
| RUSH ISLAND MANAGEMENT, LP | Reduced | -646.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -573.5k |
| HSBC HOLDINGS PLC | Reduced | -460.9k |
| Alyeska Investment Group, L.P. | Sold out | -460.5k |
| CITADEL ADVISORS LLC | Reduced | -269.1k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Reduced | -261.7k |
| Freestone Grove Partners LP | Reduced | -258.8k |
| PGGM Investments | Reduced | -214.0k |
| STATE STREET CORP | Reduced | -185.9k |
| SG Americas Securities, LLC | Sold out | -155.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.0m84.7k shares |
| JANE STREET GROUP, LLC | Reduced | $3.9m37.1k shares |
| CITADEL ADVISORS LLC | Reduced | $870.9k8.2k shares |
| SIMPLEX TRADING, LLC | Added | $701.0k6.6k shares |
| IMC-Chicago, LLC | New | $584.2k5.5k shares |
Biggest puts
| BANK OF MONTREAL /CAN/ | Added | $13.8m130.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.6m34.1k shares |
| JANE STREET GROUP, LLC | Added | $796.6k7.5k shares |
| IMC-Chicago, LLC | New | $711.6k6.7k shares |
| CenterStar Asset Management, LLC | New | $658.5k6.2k shares |
| CITADEL ADVISORS LLC | Reduced | $435.5k4.1k shares |
| BANK OF NOVA SCOTIA | Added | $349.4k3.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $74.3k700 shares |
| GROUP ONE TRADING LLC | New | $10.6k100 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 2025-04-24 | 8.9% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.1% |
| NORGES BANK 13G · institution filed 2026-08-12 | 6.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 2 | $6.4m | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 8.6m $917.9m | Reduced -33.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.04% of their portfolio | 7.3m $773.6m | First filing |
| STATE STREET CORP 0.02% of their portfolio | 6.4m $677.5m | Reduced -185.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 5.4m $571.5m | First filing |
| Resolution Capital Ltd 8.14% of their portfolio | 3.6m $387.1m | Added +340.5k |
| Invesco Ltd. 0.03% of their portfolio | 2.7m $285.5m | Reduced -44.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.3m $243.1m | Added +94.2k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 2.1m $221.6m | Added +305.0k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.6m $173.6m | Added +403.1k |
| ProShare Advisors LLC 0.26% of their portfolio | 1.6m $173.0m | Added +27.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.5m $158.4m | Added +63.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.3m $136.4m | Added +53.1k |
| FMR LLC 0.01% of their portfolio | 1.3m $136.3m | Added +198.5k |
| MORGAN STANLEY 0.01% of their portfolio | 1.1m $113.5m | Added +226.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.0m $109.5m | Reduced -75.7k |
| Nuveen, LLC 0.03% of their portfolio | 1.0m $107.7m | Added +828.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 1.0m $113.0m | Reduced -90.9k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 864.5k $91.8m | Reduced -6.1k |
| PGGM Investments 1.51% of their portfolio | 812.3k $86.3m | Reduced -214.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 812.0k $86.2m | Reduced -90.2k |
| Legal & General Group Plc 0.02% of their portfolio | 705.7k $75.0m | Reduced -91.8k |
| GRS Advisors, LLC 7.21% of their portfolio | 686.8k $72.9m | Added +341.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 678.7k $72.1m | Added +67.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 660.5k $70.1m | Reduced -23.3k |
| RUSH ISLAND MANAGEMENT, LP 4.55% of their portfolio | 638.5k $67.8m | Reduced -646.6k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 597.7k $63.5m | Added +120.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 509.5k $54.1m | Added +241.7k |
| Vest Financial, LLC 0.64% of their portfolio | 505.4k $53.7m | Added +17.0k |
| NOMURA ASSET MANAGEMENT CO LTD 0.14% of their portfolio | 495.3k $52.6m | Added +15.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 455.0k $48.3m | Added +25.9k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 448.4k $47.6m | First filing |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 438.6k $46.6m | Added +2.5k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 413.2k $43.9m | Added +10.1k |
| UBS Group AG 0.01% of their portfolio | 408.8k $43.4m | Added +26.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 403.9k $42.9m | Added +51.3k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 400.7k $42.6m | Added +50.3k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 394.6k $41.9m | Reduced -42.8k |
| Woodline Partners LP 0.16% of their portfolio | 393.6k $41.8m | Reduced -91.8k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 382.1k $40.6m | Added +333.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 367.2k $39.0m | Reduced -3.8k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 1.48% of their portfolio | 353.2k $37.5m | Reduced -5.7k |
| Quantinno Capital Management LP 0.06% of their portfolio | 348.1k $37.0m | Added +179.7k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.38% of their portfolio | 346.0k $36.7m | Reduced -261.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 318.5k $30.3m | Added +63.4k |
| CITIGROUP INC 0.02% of their portfolio | 300.3k $31.9m | Added +151.2k |
| Curi Capital, LLC 0.53% of their portfolio | 281.0k $29.8m | Added +2.5k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 277.7k $29.5m | Added +49.4k |
| PRIVATE MANAGEMENT GROUP INC 0.85% of their portfolio | 277.0k $29.4m | Reduced -1.2k |
| APG Asset Management US Inc. 0.22% of their portfolio | 273.3k $29.0m | Reduced -41.2k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 272.7k $29.0m | Reduced -460.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 271.7k $28.4m | Reduced -67.5k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 232.9k $24.7m | Added +196.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 226.9k $24.1m | Added +31.0k |
| Gotham Asset Management, LLC 0.07% of their portfolio | 226.5k $24.1m | Added +38.6k |
| WESTWOOD HOLDINGS GROUP INC 0.17% of their portfolio | 219.9k $23.4m | Reduced -3.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 201.7k $21.4m | Added +1.8k |
| Pacific Heights Asset Management LLC 0.71% of their portfolio | 200.0k $21.2m | Unchanged |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 199.6k $21.2m | Added +10.8k |
| MetLife Investment Management, LLC 0.11% of their portfolio | 195.3k $20.7m | Reduced -360 |
| California Public Employees Retirement System 0.01% of their portfolio | 180.7k $19.2m | Reduced -10.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 176.1k $18.7m | Added +28.1k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.28% of their portfolio | 174.9k $18.6m | Added +69.2k |
| Masterton Capital Management, LP 16.79% of their portfolio | 173.5k $18.4m | Unchanged |
| RWC Asset Management LLP 0.76% of their portfolio | 172.1k $18.3m | Reduced -6.1k |
| Amundi 0.00% of their portfolio | 168.9k $17.9m | Added +10.1k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 168.2k $17.9m | Reduced -1.5k |
| Hazelview Securities Inc. 3.32% of their portfolio | 167.7k $17.8m | Added +27.8k |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 165.6k $17.6m | First filing |
| Swiss National Bank 0.01% of their portfolio | 162.1k $17.2m | Added +400 |
| BARCLAYS PLC 0.01% of their portfolio | 162.0k $17.2m | Reduced -20.8k |
| State of Tennessee, Department of Treasury 0.06% of their portfolio | 161.5k $17.2m | Added +9.5k |
| Heitman Real Estate Securities LLC 1.21% of their portfolio | 158.9k $16.9m | Added +155.1k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 152.3k $16.2m | Reduced -49.8k |
| Jain Global LLC 0.20% of their portfolio | 150.9k $16.0m | Reduced -57.1k |
| Schonfeld Strategic Advisors LLC 0.13% of their portfolio | 150.6k $16.0m | Reduced -75.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.37% of their portfolio | 149.3k $15.9m | Added +72.8k |
| Caisse de depot et placement du Quebec 0.02% of their portfolio | 146.4k $15.6m | Added +107.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 146.3k $15.5m | Reduced -8.7k |
| CIBC Asset Management Inc 0.04% of their portfolio | 138.9k $14.8m | Added +121.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 135.2k $14.2m | Reduced -6.7k |
| Lighthouse Investment Partners, LLC 0.53% of their portfolio | 132.8k $14.1m | New |
| MIZUHO MARKETS AMERICAS LLC 0.39% of their portfolio | 131.6k $14.0m | Added +23.2k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 128.5k $13.7m | Reduced -2.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 125.8k $13.4m | Reduced -12.7k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 124.3k $13.2m | Added +4.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 124.3k $13.2m | Reduced -32.5k |
| IEQ CAPITAL, LLC 0.06% of their portfolio | 123.9k $13.2m | Added +14.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 121.8k $12.9m | Added +10.7k |
| Asset Management One Co., Ltd. 0.04% of their portfolio | 121.6k $12.9m | Reduced -3.1k |
| Susquehanna Portfolio Strategies, LLC 0.19% of their portfolio | 119.3k $12.7m | Added +10.0k |
| Janney Montgomery Scott LLC 0.03% of their portfolio | 119.0k $12.6m | Added +16.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 115.7k $11.7m | Reduced -2.5k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 108.3k $11.5m | Added +4.0k |
| STRS OHIO 0.04% of their portfolio | 106.2k $11.3m | Reduced -47.4k |
| Meiji Yasuda Asset Management Co Ltd. 0.55% of their portfolio | 104.2k $11.1m | Added +8.0k |
| Cerity Partners LLC 0.02% of their portfolio | 100.7k $10.7m | Added +16.8k |
| Mariner, LLC 0.01% of their portfolio | 95.9k $10.2m | Added +31.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 95.7k $10.2m | Added +17.3k |
| Creative Planning 0.01% of their portfolio | 95.3k $10.1m | Added +19.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 94.2k $10.0m | Added +19.2k |