Vault-13

FIRST INDL RLTY TR INC FR

COM · REIT · CUSIP 32054K103

Industrial real estate company

345 institutional holders +3 vs Q4 2022
133,013,144133.0m shares reported held*
100.6% of all shares outstanding*
$7.1bnreported value*
41 new 123 added 125 reduced 32 sold out net bought ≈ $117.5m (+2.1m shares)

* 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 ($6.4m this quarter). Holder counts are more reliable. Shares outstanding: 132.2m as of 2023-04-21, 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 ≈ $53.19. Options: 3 managers hold calls ($638.4k notional), 4 hold puts ($978.8k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 345Q4 22: 342Q1 23: 345345Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022345
Q4 2022342
Q1 2023345

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 175 bought or addedQ4 22: 165 cut or sold outQ4 22Q1 23: 164 bought or addedQ1 23: 157 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022175165
Q1 2023164157

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250k$500k$750k$1mQ3 22 calls: $300.0kQ3 22 puts: $654.0kQ3 22P/C 2.18Q4 22 calls: $115.8kQ4 22 puts: $878.0kQ4 22P/C 7.58Q1 23 calls: $638.4kQ1 23 puts: $978.8kQ1 23P/C 1.53
Numbers
QuarterCallsPutsP/C
Q3 2022$300.0k$654.0k2.18
Q4 2022$115.8k$878.0k7.58
Q1 2023$638.4k$978.8k1.53

Biggest buyers

NOMURA HOLDINGS INC Added +2,033,000+2.0m
JPMORGAN CHASE & CO Added +1,342,783+1.3m
Balyasny Asset Management L.P. Added +1,189,152+1.2m
COHEN & STEERS, INC. Added +898,655+898.7k
MORGAN STANLEY Added +801,938+801.9k
CENTERSQUARE INVESTMENT MANAGEMENT LLC Added +757,441+757.4k
Daiwa Securities Group Inc. Added +676,254+676.3k
BANK OF MONTREAL /CAN/ Added +510,793+510.8k
Alyeska Investment Group, L.P. New +417,431+417.4k
STRS OHIO Added +384,900+384.9k

Biggest sellers

DEUTSCHE BANK AG\ Reduced -1,507,974-1.5m
RUSH ISLAND MANAGEMENT, LP Sold out -1,101,095-1.1m
Russell Investments Group, Ltd. Reduced -806,672-806.7k
ROYAL BANK OF CANADA Reduced -746,917-746.9k
CIBC WORLD MARKETS CORP Reduced -699,632-699.6k
HSBC HOLDINGS PLC Reduced -517,646-517.6k
T. Rowe Price Investment Management, Inc. Sold out -478,798-478.8k
WELLINGTON MANAGEMENT GROUP LLP Reduced -282,895-282.9k
Invesco Ltd. Reduced -278,291-278.3k
BAILLIE GIFFORD & CO Reduced -273,926-273.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $372.4k7.0k shares
CITADEL ADVISORS LLC Added $266.0k5.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $617.1k11.6k shares
SIMPLEX TRADING, LLC Unchanged $234.0k4.4k shares
CITADEL ADVISORS LLC Reduced $127.7k2.4k 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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution -3.3 pts · filed 2025-04-30 11.3% -3.3 pts 14.9m≈ $915.8m 2025-04-30
VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 9.5% new 12.6m≈ $774.5m 2026-04-29
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 5.3% new 7.0m≈ $430.8m 2026-04-29

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 2023

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)

BuyingSelling
101Q2 21: 0 buyingQ2 21: 0 sellingQ3 21: 0 buyingQ3 21: 0 sellingQ3 21Q4 21: 0 buyingQ4 21: 1 sellingQ1 22: 0 buyingQ1 22: 0 sellingQ1 22Q2 22: 0 buyingQ2 22: 0 sellingQ3 22: 0 buyingQ3 22: 0 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 0 buyingQ1 23: 0 sellingQ1 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20210—0——
Q3 20210—0——
Q4 20210—1$641.2k—
Q1 20220—0——
Q2 20220—0——
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——

None reported in Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.03% of their portfolio Valley Forge, PA 19,700,89419.7m $1.0bn $1.0bn 0.03% Added +179.3k +179,287
2 BlackRock Inc. 0.02% of their portfolio New York, NY 15,845,57915.8m $843.0m $843.0m 0.02% Reduced -151.4k -151,377
3 PRINCIPAL FINANCIAL GROUP INC 0.36% of their portfolio DES MOINES, IA 9,556,0899.6m $508.4m $508.4m 0.36% Reduced -37.9k -37,882
4 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 7,315,8137.3m $391.5m $391.5m 0.02% Added +79.5k +79,479
5 Blackstone Inc. 1.12% of their portfolio NEW YORK, NY 5,001,2295.0m $266.1m $266.1m 1.12% Unchanged
6 CENTERSQUARE INVESTMENT MANAGEMENT LLC 2.94% of their portfolio CONSHOHOCKEN, PA 4,619,6434.6m $245.8m $245.8m 2.94% Added +757.4k +757,441
7 NOMURA HOLDINGS INC 1.60% of their portfolio TOKYO, M0 3,088,2693.1m $164.3m $164.3m 1.60% Added +2.0m +2,033,000
8 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 3,004,2883.0m $155.0m $155.0m 0.05% Added +185.7k +185,707
9 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 2,799,4252.8m $148.9m $148.9m 0.02% Added +1.3m +1,342,783
10 COHEN & STEERS, INC. 0.29% of their portfolio NEW YORK, NY 2,541,8132.5m $135.2m $135.2m 0.29% Added +898.7k +898,655
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,289,0042.3m $121.8m $121.8m 0.01% Added +801.9k +801,938
12 Daiwa Securities Group Inc. 0.82% of their portfolio CHIYODA-KU,TOKYO, M0 2,211,1032.2m $117.6m $117.6m 0.82% Added +676.3k +676,254
13 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,123,4042.1m $113.0m $113.0m 0.01% Added +66.4k +66,408
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 1,921,5561.9m $102.2m $102.2m 0.03% Added +23.1k +23,125
15 Balyasny Asset Management L.P. 0.33% of their portfolio Chicago, IL 1,899,4611.9m $101.1m $101.1m 0.33% Added +1.2m +1,189,152
16 VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio San Antonio, TX 1,888,1791.9m $100.5m $100.5m 0.11% Reduced -80.8k -80,790
17 LORD, ABBETT & CO. LLC 0.18% of their portfolio JERSEY CITY, NJ 1,868,8341.9m $99.4m $99.4m 0.18% Reduced -158.0k -158,020
18 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 1,857,5021.9m $98.8m $98.8m 0.03% Added +2.5k +2,500
19 HSBC HOLDINGS PLC 0.12% of their portfolio LONDON, X0 1,808,1571.8m $95.4m $95.4m 0.12% Reduced -517.6k -517,646
20 NORGES BANK 0.02% of their portfolio OSLO, Q8 1,573,2891.6m $83.7m $83.7m 0.02% Added +106.6k +106,589
21 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 1,526,3761.5m $81.2m $81.2m 0.02% Added +32.2k +32,175
22 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,460,2041.5m $77.7m $77.7m 0.02% Reduced -12.4k -12,445
23 Waterfront Capital Partners, LLC 5.51% of their portfolio NEW YORK, NY 1,368,3281.4m $72.8m $72.8m 5.51% Added +52.2k +52,160
24 LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 2.48% of their portfolio BALTIMORE, MD 1,174,2491.2m $62.5m $62.5m 2.48% Reduced -47.1k -47,147
25 Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio CHIYODA-KU, TOKYO, M0 1,155,4681.2m $61.5m $61.5m 0.05% Reduced -39.4k -39,444
26 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 1,102,7621.1m $58.7m $58.7m 0.02% Reduced -278.3k -278,291
27 Legal & General Group Plc 0.02% of their portfolio London, X0 1,050,7091.1m $55.9m $55.9m 0.02% Added +41.7k +41,716
28 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 1,035,4921.0m $55.1m $55.1m 0.06% Reduced -219.3k -219,348
29 Vision Capital Corp 26.40% of their portfolio TORONTO, A6 1,010,1421.0m $53.7m $53.7m 26.40% Unchanged
30 LONDON CO OF VIRGINIA 0.28% of their portfolio RICHMOND, VA 921,362921.4k $49.0m $49.0m 0.28% Reduced -12.6k -12,611
31 Uniplan Investment Counsel, Inc. 3.27% of their portfolio MILWAUKEE, WI 872,288872.3k $46.4m $46.4m 3.27% Reduced -6.4k -6,399
32 Allianz Asset Management GmbH 0.09% of their portfolio MUNICH, 2M 807,553807.6k $43.0m $43.0m 0.09% Reduced -12.9k -12,898
33 MACQUARIE GROUP LTD 0.05% of their portfolio Sydney, NSW 2000, C3 800,385800.4k $42.6m $42.6m 0.05% Reduced -59.5k -59,543
34 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 775,652775.7k $41.3m $41.3m 0.02% Added +128.0k +128,003
35 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 748,419748.4k $39.8m $39.8m 0.02% Reduced -68.8k -68,847
36 Artemis Investment Management LLP 0.48% of their portfolio EDINBURGH, X0 734,793734.8k $39.0m $39.0m 0.48% Reduced -84.7k -84,674
37 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 726,274726.3k $38.6m $38.6m 0.01% Reduced -10.5k -10,528
38 ING GROEP NV 0.36% of their portfolio AMSTERDAM, P7 700,000700.0k $37.2m $37.2m 0.36% Reduced -100.0k -100,000
39 Long Pond Capital, LP 1.93% of their portfolio New York, NY 676,889676.9k $36.0m $36.0m 1.93% Unchanged
40 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 643,900643.9k $34.3m $34.3m 0.01% Reduced -76.6k -76,566
41 STRS OHIO 0.05% of their portfolio COLUMBUS, OH 642,273642.3k $34.2m $34.2m 0.05% Added +384.9k +384,900
42 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 597,413597.4k $31.8m $31.8m 0.01% Reduced -143.6k -143,605
43 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 581,884581.9k $31.0m $31.0m 0.01% Added +510.8k +510,793
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 520,787520.8k $27.7m $27.7m 0.00% Added +249.8k +249,775
45 PRUDENTIAL FINANCIAL INC 0.04% of their portfolio NEWARK, NJ 501,910501.9k $24.3m $24.3m 0.04% Added +213.5k +213,525
46 Alberta Investment Management Corp 0.25% of their portfolio EDMONTON, A0 478,390478.4k $25.5m $25.5m 0.25% Unchanged
47 Retirement Systems of Alabama 0.11% of their portfolio MONTGOMERY, AL 455,449455.4k $24.2m $24.2m 0.11% Added +34.4k +34,391
48 BAILLIE GIFFORD & CO 0.02% of their portfolio EDINBURGH, X0 448,552448.6k $23.9m $23.9m 0.02% Reduced -273.9k -273,926
49 AEW CAPITAL MANAGEMENT L P 0.87% of their portfolio BOSTON, MA 437,530437.5k $23.3m $23.3m 0.87% Unchanged
50 RHUMBLINE ADVISERS 0.03% of their portfolio BOSTON, MA 436,887436.9k $23.2m $23.2m 0.03% Reduced -5.8k -5,830
51 Alyeska Investment Group, L.P. 0.20% of their portfolio CHICAGO, IL 417,431417.4k $22.2m $22.2m 0.20% New
52 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 371,945371.9k $19.8m $19.8m 0.00% Reduced -282.9k -282,895
53 CI INVESTMENTS INC. 0.09% of their portfolio TORONTO, Z4 327,205327.2k $17.4m $17.4m 0.09% Added +2.6k +2,640
54 VIRGINIA RETIREMENT SYSTEMS ET Al 0.18% of their portfolio RICHMOND, VA 322,390322.4k $17.2m $17.2m 0.18% Reduced -116.2k -116,210
55 Asset Management One Co., Ltd. 0.07% of their portfolio TOKYO, M0 304,678304.7k $16.2m $16.2m 0.07% Reduced -1.5k -1,463
56 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 302,462302.5k $16.1m $16.1m 0.01% Added +100.3k +100,281
57 SEGALL BRYANT & HAMILL, LLC 0.17% of their portfolio CHICAGO, IL 297,080297.1k $15.8m $15.8m 0.17% Added +25.4k +25,370
58 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.07% of their portfolio COLUMBUS, OH 293,580293.6k $15.6m $15.6m 0.07% Added +63.5k +63,532
59 Swiss National Bank 0.01% of their portfolio ZURICH, V8 285,200285.2k $15.2m $15.2m 0.01% Reduced -33.7k -33,700
60 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 277,000277.0k $14.7m $14.7m 0.01% Reduced -13.1k -13,085
61 Amundi 0.01% of their portfolio Paris, I0 272,834272.8k $14.1m $14.1m 0.01% Added +186.2k +186,182
62 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 260,046260.0k $13.8m $13.8m 0.02% Reduced -7.8k -7,769
63 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 253,671253.7k $13.5m $13.5m 0.00% Reduced -19.9k -19,930
64 SUN LIFE FINANCIAL INC 0.95% of their portfolio Toronto, A6 252,856252.9k $13.5m $13.5m 0.95% Unchanged
65 WESTPAC BANKING CORP 0.18% of their portfolio SYDNEY, C3 245,905245.9k $13.1m $13.1m 0.18% Added +92.3k +92,269
66 State of Alaska, Department of Revenue 0.15% of their portfolio JUNEAU, AK 245,235245.2k $13.0m $13.0m 0.15% Added +1.7k +1,662
67 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 244,505244.5k $13.0m $13.0m 0.01% Reduced -69.1k -69,059
68 GREAT LAKES ADVISORS, LLC 0.12% of their portfolio CHICAGO, IL 243,348243.3k $12.9m $12.9m 0.12% New
69 CANADA LIFE ASSURANCE Co 0.03% of their portfolio WINNIPEG, A2 238,745238.7k $12.7m $12.7m 0.03% Added +9.4k +9,397
70 MAKENA CAPITAL MANAGEMENT LLC 2.36% of their portfolio MENLO PARK, CA 234,441234.4k $12.5m $12.5m 2.36% Reduced -20.7k -20,737
71 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 227,784227.8k $12.1m $12.1m 0.01% Added +24.5k +24,465
72 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 220,188220.2k $11.7m $11.7m 0.01% Added +17.6k +17,567
73 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 215,643215.6k $11.5m $11.5m 0.01% Reduced -1.5m -1,507,974
74 Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio Boston, MA 211,839211.8k $11.3m $11.3m 0.06% Reduced -19.9k -19,910
75 AMERICAN INTERNATIONAL GROUP, INC. 0.07% of their portfolio New York, NY 203,877203.9k $10.8m $10.8m 0.07% Reduced -1.9k -1,912
76 ExodusPoint Capital Management, LP 0.12% of their portfolio NEW YORK, NY 193,231193.2k $10.3m $10.3m 0.12% Added +66.4k +66,363
77 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 190,211190.2k $10.1m $10.1m 0.02% Reduced -44.4k -44,437
78 Pacer Advisors, Inc. 0.04% of their portfolio Malvern, PA 182,228182.2k $9.7m $9.7m 0.04% Reduced -36.3k -36,256
79 WESTWOOD HOLDINGS GROUP INC 0.09% of their portfolio DALLAS, TX 182,043182.0k $9.7m $9.7m 0.09% Reduced -70.0k -69,955
80 Fisher Asset Management, LLC 0.01% of their portfolio PLANO, TX 178,254178.3k $9.5m $9.5m 0.01% Reduced -20.3k -20,302
81 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 177,200177.2k $9.4m $9.4m 0.01% Reduced -59.2k -59,200
82 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 174,182174.2k $9.3m $9.3m 0.02% Reduced -70.1k -70,095
83 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 172,795172.8k $9.2m $9.2m 0.02% Reduced -806.7k -806,672
84 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 165,391165.4k $8.8m $8.8m 0.01% Reduced -2.4k -2,426
85 Brookfield Corp /ON/ 0.03% of their portfolio TORONTO, A6 164,880164.9k $8.8m $8.8m 0.03% Reduced -186.3k -186,303
86 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 161,650161.7k $8.6m $8.6m 0.01% Added +28.1k +28,063
87 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.16% of their portfolio AMSTERDAM, P7 159,500159.5k $8.5m $8.5m 0.16% New
88 THIRD AVENUE MANAGEMENT LLC 1.44% of their portfolio NEW YORK, NY 158,010158.0k $8.4m $8.4m 1.44% Added +558 +558
89 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 156,294156.3k $8.3m $8.3m 0.02% Added +31.6k +31,631
90 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 145,927145.9k $7.8m $7.8m 0.02% Reduced -131.5k -131,500
91 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 140,240140.2k $7.5m $7.5m 0.01% Reduced -3.7k -3,660
92 NOMURA ASSET MANAGEMENT CO LTD 0.04% of their portfolio TOKYO, M0 138,490138.5k $7.4m $7.4m 0.04% Added +4.9k +4,940
93 CHARTWELL INVESTMENT PARTNERS, LLC 0.28% of their portfolio BERYWN, PA 136,974137.0k $7.3m $7.3m 0.28% Reduced -1.2k -1,167
94 Adelante Capital Management LLC 0.63% of their portfolio ALAMEDA, CA 136,590136.6k $7.3m $7.3m 0.63% Reduced -44.5k -44,472
95 FIRST NATIONAL BANK OF OMAHA 0.43% of their portfolio OMAHA, NE 132,754132.8k $7.1m $7.1m 0.43% Reduced -5.0k -4,992
96 UBS Group AG 0.00% of their portfolio ZURICH, V8 122,479122.5k $6.5m $6.5m 0.00% Reduced -19.8k -19,784
97 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 122,187122.2k $6.5m $6.5m 0.01% Reduced -18.7k -18,659
98 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 120,150120.2k $6.4m $6.4m 0.03% Reduced -105.3k -105,294
99 TEXAS PERMANENT SCHOOL FUND CORP 0.06% of their portfolio AUSTIN, TX 118,499118.5k $6.3m $6.3m 0.06% Added +29.7k +29,666
100 Man Group plc 0.02% of their portfolio LONDON, X0 117,769117.8k $6.3m $6.3m 0.02% New