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 ($70.8m 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 ≈ $123.48. Options: 6 managers hold calls ($20.2m notional), 7 hold puts ($8.6m).
Trends to Q2 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 |
| Q2 2026 | 618 |
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 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 |
| Q2 2026 | 352 | 211 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $25.7m | $4.4m | 0.17 |
| Q4 2025 | $16.9m | $12.4m | 0.73 |
| Q1 2026 | $15.1m | $20.5m | 1.36 |
| Q2 2026 | $20.2m | $8.6m | 0.42 |
Biggest buyers
| BlackRock, Inc. | Added | +1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +980.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +564.7k |
| AMERIPRISE FINANCIAL INC | Added | +556.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +554.4k |
| WELLINGTON MANAGEMENT GROUP LLP | New | +484.7k |
| JPMORGAN CHASE & CO | Added | +472.6k |
| AQR CAPITAL MANAGEMENT LLC | Added | +403.5k |
| CITADEL ADVISORS LLC | Added | +288.4k |
| MACKENZIE FINANCIAL CORP | Added | +236.2k |
Biggest sellers
| PGGM Investments | Reduced | -736.2k |
| GRS Advisors, LLC | Reduced | -671.3k |
| RUSH ISLAND MANAGEMENT, LP | Sold out | -638.5k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -597.7k |
| FMR LLC | Reduced | -568.3k |
| Resolution Capital Ltd | Reduced | -476.8k |
| Nuveen, LLC | Reduced | -347.0k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | Reduced | -337.7k |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -307.9k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Reduced | -239.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.5m76.7k shares |
| JANE STREET GROUP, LLC | Added | $5.6m45.5k shares |
| LANDMARK INVESTMENT PARTNERS, L.P. | New | $3.2m27.0k shares |
| CITADEL ADVISORS LLC | Added | $1.5m12.2k shares |
| IMC-Chicago, LLC | Reduced | $419.7k3.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $86.4k700 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.5m53.0k shares |
| CITADEL ADVISORS LLC | Added | $728.3k5.9k shares |
| IMC-Chicago, LLC | Reduced | $382.7k3.1k shares |
| SIMPLEX TRADING, LLC | Added | $283.9k2.3k shares |
| JANE STREET GROUP, LLC | Reduced | $234.5k1.9k shares |
| BANK OF NOVA SCOTIA | Reduced | $222.2k1.8k shares |
| GROUP ONE TRADING LLC | Added | $197.5k1.6k 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 since 1 Apr 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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 10.2m $1.3bn | Added +1.5m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.04% of their portfolio | 7.2m $885.7m | Reduced -108.6k |
| STATE STREET CORP 0.02% of their portfolio | 6.4m $783.9m | Reduced -28.5k |
| NORGES BANK 0.07% of their portfolio | 5.6m $690.6m | Not comparable |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 5.4m $667.4m | Added +25.8k |
| Resolution Capital Ltd 7.19% of their portfolio | 3.2m $391.0m | Reduced -476.8k |
| Invesco Ltd. 0.02% of their portfolio | 2.5m $313.3m | Reduced -150.6k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 2.5m $312.2m | Added +403.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.3m $287.5m | Added +40.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 1.8m $221.2m | Added +980.0k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.7m $204.7m | Added +23.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.5m $189.5m | Added +44.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.5m $191.2m | Added +472.6k |
| ProShare Advisors LLC 0.26% of their portfolio | 1.5m $180.7m | Reduced -164.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.3m $158.7m | Added +1.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 922.1k $121.2m | Reduced -84.3k |
| MORGAN STANLEY 0.01% of their portfolio | 886.1k $109.4m | Reduced -182.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 874.8k $104.9m | Added +556.3k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 854.6k $105.5m | Reduced -9.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 754.0k $93.1m | Added +75.2k |
| FMR LLC 0.00% of their portfolio | 715.0k $88.3m | Reduced -568.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 683.2k $84.3m | Added +22.7k |
| Nuveen, LLC 0.02% of their portfolio | 666.6k $82.3m | Reduced -347.0k |
| Legal & General Group Plc 0.02% of their portfolio | 643.2k $79.4m | Reduced -62.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 564.7k $69.7m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 558.8k $69.0m | Added +554.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 552.1k $68.2m | Added +42.6k |
| Quantinno Capital Management LP 0.08% of their portfolio | 551.8k $68.1m | Added +203.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 484.7k $59.8m | New |
| NOMURA ASSET MANAGEMENT CO LTD 0.12% of their portfolio | 464.0k $57.3m | Reduced -31.3k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 448.2k $55.3m | Reduced -163 |
| Vest Financial, LLC 0.57% of their portfolio | 437.0k $53.9m | Reduced -68.5k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 379.6k $46.9m | Added +146.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 376.7k $46.5m | Added +9.4k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 359.4k $44.4m | Reduced -44.5k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.60% of their portfolio | 351.8k $43.4m | Added +176.9k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 350.1k $43.2m | Reduced -32.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.06% of their portfolio | 349.4k $43.1m | Reduced -105.6k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 342.3k $42.2m | Reduced -58.4k |
| CITIGROUP INC 0.02% of their portfolio | 314.2k $38.8m | Added +13.9k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 310.2k $38.3m | Added +288.4k |
| UBS Group AG 0.01% of their portfolio | 302.4k $37.3m | Reduced -106.4k |
| Gotham Asset Management, LLC 0.09% of their portfolio | 298.3k $36.8m | Added +71.8k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 288.0k $35.5m | Added +10.3k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 281.9k $34.9m | Added +9.2k |
| Curi Capital, LLC 0.53% of their portfolio | 275.7k $34.0m | Reduced -5.4k |
| Woodline Partners LP 0.10% of their portfolio | 274.7k $33.9m | Reduced -118.9k |
| PRIVATE MANAGEMENT GROUP INC 0.89% of their portfolio | 274.7k $33.9m | Reduced -2.3k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 274.1k $33.8m | Added +47.2k |
| APG Asset Management US Inc. 0.23% of their portfolio | 269.9k $32.5m | Reduced -3.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 251.9k $31.1m | Added +105.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 246.4k $30.9m | Reduced -25.3k |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 239.4k $29.6m | Added +236.2k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 235.4k $29.1m | Added +127.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 225.9k $27.9m | New |
| Adelante Capital Management LLC 1.81% of their portfolio | 222.6k $27.5m | New |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 209.0k $25.8m | Added +9.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 206.6k $25.5m | Added +4.9k |
| Pacific Heights Asset Management LLC 0.78% of their portfolio | 200.0k $24.7m | Unchanged |
| WESTWOOD HOLDINGS GROUP INC 0.18% of their portfolio | 195.9k $24.2m | Reduced -24.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 194.5k $24.0m | Added +18.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 193.1k $23.8m | Added +71.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 181.8k $22.4m | Added +1.0k |
| RWC Asset Management LLP 0.82% of their portfolio | 175.4k $21.6m | Added +3.3k |
| State of Tennessee, Department of Treasury 0.06% of their portfolio | 171.3k $21.1m | Added +9.8k |
| BARCLAYS PLC 0.01% of their portfolio | 170.9k $21.1m | Added +8.9k |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 162.2k $20.0m | Reduced -3.4k |
| UniSuper Management Pty Ltd 0.10% of their portfolio | 161.6k $19.9m | Added +129.7k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 160.0k $19.7m | Reduced -234.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 158.5k $19.6m | Reduced -9.7k |
| Swiss National Bank 0.01% of their portfolio | 155.8k $19.2m | Reduced -6.3k |
| CIBC Asset Management Inc 0.04% of their portfolio | 154.3k $19.1m | Added +15.4k |
| Amundi 0.00% of their portfolio | 151.9k $18.8m | Reduced -17.0k |
| Jain Global LLC 0.22% of their portfolio | 151.8k $18.7m | Added +908 |
| MetLife Investment Management, LLC 0.08% of their portfolio | 148.6k $18.3m | Reduced -46.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 148.4k $18.3m | Added +24.1k |
| MIZUHO MARKETS AMERICAS LLC 0.33% of their portfolio | 147.6k $18.2m | Added +16.0k |
| SG Americas Securities, LLC 0.01% of their portfolio | 138.2k $17.1m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 137.4k $17.0m | Added +43.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 130.6k $16.1m | Reduced -307.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 129.1k $16.0m | Reduced -6.1k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 127.9k $15.8m | Added +3.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.05% of their portfolio | 125.4k $15.5m | Reduced -481 |
| Asset Management One Co., Ltd. 0.04% of their portfolio | 123.9k $15.3m | Added +2.3k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 119.8k $14.8m | Reduced -32.6k |
| Janney Montgomery Scott LLC 0.03% of their portfolio | 117.0k $14.4m | Reduced -2.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 115.6k $12.3m | Reduced -149 |
| IEQ CAPITAL, LLC 0.07% of their portfolio | 114.7k $14.2m | Reduced -9.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 113.6k $14.0m | Added +99.3k |
| Creative Planning 0.01% of their portfolio | 111.4k $13.7m | Added +16.1k |
| Mariner, LLC 0.01% of their portfolio | 108.8k $13.4m | Added +12.9k |
| Cerity Partners LLC 0.02% of their portfolio | 108.2k $13.4m | Added +7.5k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.11% of their portfolio | 106.4k $13.1m | Reduced -239.6k |
| Meiji Yasuda Asset Management Co Ltd. 0.57% of their portfolio | 102.7k $12.7m | Reduced -1.5k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 101.3k $12.5m | Added +32.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 99.4k $12.3m | Added +62.9k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 96.3k $11.9m | Added +28.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 95.0k $11.7m | New |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 94.0k $11.6m | Reduced -34.6k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 91.7k $11.3m | Added +8.2k |