HEALTHCARE RLTY TR HR
CL A COM · REIT · CUSIP 42226K105 · ISIN US42226K1051
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNashville, TN
- 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 ($9.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.91. Options: 5 managers hold calls ($2.4m notional), 5 hold puts ($1.2m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 390 |
| Q4 2022 | 418 |
| Q1 2023 | 421 |
| Q2 2023 | 403 |
| Q3 2023 | 397 |
| Q4 2023 | 411 |
| Q1 2024 | 402 |
| Q2 2024 | 394 |
| Q3 2024 | 412 |
| Q4 2024 | 418 |
| Q1 2025 | 428 |
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 2023 | 177 | 192 |
| Q3 2023 | 190 | 187 |
| Q4 2023 | 202 | 211 |
| Q1 2024 | 187 | 209 |
| Q2 2024 | 184 | 207 |
| Q3 2024 | 192 | 187 |
| Q4 2024 | 183 | 206 |
| Q1 2025 | 193 | 199 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $35.0m | $8.3m | 0.24 |
| Q3 2024 | $11.6m | $5.2m | 0.44 |
| Q4 2024 | $2.6m | $827.1k | 0.32 |
| Q1 2025 | $2.4m | $1.2m | 0.49 |
Biggest buyers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +6.0m |
| JPMORGAN CHASE & CO | Added | +4.7m |
| PRUDENTIAL FINANCIAL INC | Added | +3.1m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | New | +1.8m |
| Universal- Beteiligungs- und Servicegesellschaft mbH | New | +1.3m |
| BlackRock, Inc. | Added | +1.1m |
| STATE STREET CORP | Added | +646.8k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Added | +371.5k |
| TUDOR INVESTMENT CORP ET AL | New | +324.4k |
| Gotham Asset Management, LLC | Added | +322.3k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -4.0m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Reduced | -3.3m |
| RUSH ISLAND MANAGEMENT, LP | Reduced | -3.1m |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | Reduced | -1.9m |
| VANGUARD GROUP INC | Reduced | -1.7m |
| COHEN & STEERS, INC. | Reduced | -1.4m |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -1.2m |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Reduced | -998.0k |
| Allianz Asset Management GmbH | Reduced | -587.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -569.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m64.4k shares |
| CITADEL ADVISORS LLC | Added | $790.9k46.8k shares |
| GROUP ONE TRADING LLC | New | $392.1k23.2k shares |
| SIMPLEX TRADING, LLC | Added | $148.0k8.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $790.9k46.8k shares |
| CITADEL ADVISORS LLC | Reduced | $297.4k17.6k shares |
| GROUP ONE TRADING LLC | Reduced | $60.8k3.6k shares |
| SIMPLEX TRADING, LLC | Added | $43.0k2.6k 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 |
|---|---|
| COHEN & STEERS, INC. 13G · institution filed 2025-11-14 | 16.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), STATE STREET CORP (5.0%, 2026-02-09)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 1 | $539.0k | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $502.9k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 4 | $892.2k | 0 | — | — |
| Q4 2024 | 4 | $492.0k | 1 | $174.8k | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| COHEN & STEERS, INC. 1.92% of their portfolio | 61.5m $1.0bn | Reduced -1.4m |
| VANGUARD GROUP INC 0.01% of their portfolio | 48.4m $817.2m | Reduced -1.7m |
| BlackRock, Inc. 0.02% of their portfolio | 45.0m $761.3m | Added +1.1m |
| Starboard Value LP 6.17% of their portfolio | 20.1m $339.2m | Reduced -111.5k |
| STATE STREET CORP 0.01% of their portfolio | 19.0m $321.8m | Added +646.8k |
| RUSH ISLAND MANAGEMENT, LP 13.49% of their portfolio | 12.5m $211.8m | Reduced -3.1m |
| Daiwa Securities Group Inc. 0.89% of their portfolio | 12.4m $210.0m | Added +146.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.18% of their portfolio | 10.9m $184.9m | Unchanged |
| APG Asset Management US Inc. 1.32% of their portfolio | 10.1m $171.8m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 6.9m $116.8m | Added +190.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 6.1m $103.3m | Added +4.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 6.0m $100.8m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 5.5m $92.4m | Added +139.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 5.2m $87.9m | Reduced -263.8k |
| NORGES BANK 0.01% of their portfolio | 4.6m $77.1m | Added +27.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 4.4m $74.2m | Reduced -239.1k |
| Thrivent Financial for Lutherans 0.16% of their portfolio | 4.2m $71.5m | Reduced -203.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.1m $69.0m | Added +39.5k |
| MORGAN STANLEY 0.00% of their portfolio | 3.6m $61.7m | Reduced -340.8k |
| Legal & General Group Plc 0.02% of their portfolio | 3.3m $55.7m | Added +23.7k |
| PRUDENTIAL FINANCIAL INC 0.08% of their portfolio | 3.1m $53.2m | Added +3.1m |
| SEI INVESTMENTS CO 0.07% of their portfolio | 3.1m $52.0m | Added +224.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.05% of their portfolio | 3.0m $50.1m | Reduced -298.6k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 2.8m $48.0m | Added +69.1k |
| DEPRINCE RACE & ZOLLO INC 0.91% of their portfolio | 2.6m $43.7m | Added +264.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 2.3m $38.3m | Added +371.5k |
| PZENA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 2.2m $37.6m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 2.2m $37.3m | Added +103.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $33.7m | Reduced -4.0m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.32% of their portfolio | 1.8m $30.8m | New |
| California Public Employees Retirement System 0.02% of their portfolio | 1.6m $27.8m | Reduced -64.1k |
| Invesco Ltd. 0.00% of their portfolio | 1.5m $26.2m | Added +180.5k |
| Candriam S.C.A. 0.16% of their portfolio | 1.5m $26.1m | Reduced -186.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 1.4m $23.7m | Added +136.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.4m $23.3m | Reduced -569.5k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 6.24% of their portfolio | 1.3m $22.7m | Added +47.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 1.3m $22.3m | New |
| Nuveen, LLC 0.01% of their portfolio | 1.3m $21.2m | First filing |
| Gotham Asset Management, LLC 0.18% of their portfolio | 1.3m $21.1m | Added +322.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.2m $19.4m | Reduced -55.0k |
| BEACH INVESTMENT COUNSEL INC/PA 2.76% of their portfolio | 1.1m $18.7m | Reduced -140.4k |
| AEW CAPITAL MANAGEMENT L P 0.87% of their portfolio | 1.0m $17.7m | Added +128.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 1.0m $17.5m | Reduced -18.5k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.24% of their portfolio | 941.9k $15.9m | Reduced -998.0k |
| Marble Harbor Investment Counsel, LLC 1.62% of their portfolio | 852.3k $14.4m | Added +4.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 816.0k $13.8m | Added +850 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 777.5k $13.1m | Reduced -130.0k |
| SKBA CAPITAL MANAGEMENT LLC 1.91% of their portfolio | 758.6k $12.8m | Added +211.1k |
| CHILTON CAPITAL MANAGEMENT LLC 0.51% of their portfolio | 698.7k $11.8m | Reduced -62.1k |
| UBS Group AG 0.00% of their portfolio | 689.2k $11.6m | Reduced -484.2k |
| Swiss National Bank 0.01% of their portfolio | 652.3k $11.0m | Reduced -61.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 611.8k $10.3m | Reduced -15.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 557.8k $9.4m | Reduced -10.6k |
| Capital Investment Advisors, LLC 0.18% of their portfolio | 556.3k $9.4m | Added +87.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 539.8k $9.1m | Reduced -141.8k |
| BARCLAYS PLC 0.00% of their portfolio | 519.1k $8.8m | Added +167.8k |
| Asset Management One Co., Ltd. 0.03% of their portfolio | 514.0k $8.7m | Reduced -4.8k |
| NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio | 489.2k $8.3m | Added +6.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 457.1k $7.7m | Reduced -365.9k |
| Impax Asset Management Group plc 0.04% of their portfolio | 440.0k $7.4m | Unchanged |
| Retirement Systems of Alabama 0.03% of their portfolio | 431.3k $7.3m | Reduced -515.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 398.8k $6.7m | Added +12.1k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 391.4k $6.6m | Reduced -9.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 387.7k $6.6m | Reduced -1.2m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 360.2k $6.1m | Reduced -20.6k |
| Redwood Investment Management, LLC 0.65% of their portfolio | 355.9k $6.0m | Reduced -2.6k |
| COUNTRY CLUB BANK 0.38% of their portfolio | 339.7k $5.7m | Added +1.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 329.9k $5.6m | Added +94.2k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 324.4k $5.5m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 314.0k $5.3m | Reduced -25.0k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 300.8k $5.0m | Reduced -2.6k |
| LPL Financial LLC 0.00% of their portfolio | 289.8k $4.9m | Reduced -3.0k |
| LIBERTY ONE INVESTMENT MANAGEMENT, LLC 0.50% of their portfolio | 289.8k $4.9m | Added +31.2k |
| Aberdeen Group plc 0.01% of their portfolio | 289.6k $4.9m | Added +4.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 284.8k $4.8m | Reduced -6.6k |
| STRS OHIO 0.02% of their portfolio | 277.8k $4.7m | Added +1.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 276.4k $4.7m | Reduced -29 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 272.7k $4.6m | Added +970 |
| Financial Harvest, LLC 7.10% of their portfolio | 260.0k $8.6m | New |
| Sophron Capital Management L.P. 1.49% of their portfolio | 259.3k $4.4m | Added +71.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 248.8k $4.2m | Reduced -17.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 246.7k $4.2m | Added +11.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 242.5k $4.1m | Reduced -222.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 235.7k $4.0m | Added +4.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 219.0k $3.7m | Reduced -54.2k |
| State of Alaska, Department of Revenue 0.04% of their portfolio | 214.1k $3.6m | Added +3.3k |
| B. Metzler seel. Sohn & Co. AG 0.04% of their portfolio | 208.9k $3.5m | Added +70.9k |
| COMERICA BANK 0.01% of their portfolio | 208.0k $3.5m | Reduced -1.6k |
| Slagle Financial, LLC 1.55% of their portfolio | 207.2k $3.5m | Added +8.4k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 206.9k $3.5m | Reduced -3.3k |
| State of New Jersey Common Pension Fund D 0.02% of their portfolio | 204.9k $3.5m | Reduced -12.1k |
| Amundi 0.00% of their portfolio | 204.6k $3.4m | Reduced -106.6k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 203.6k $3.4m | Reduced -587.0k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 199.6k $3.4m | Added +6.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 198.8k $3.4m | Added +3.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 195.7k $3.3m | Reduced -77.4k |
| CITIGROUP INC 0.00% of their portfolio | 192.1k $3.2m | Added +22.0k |
| Sapience Investments, LLC 2.23% of their portfolio | 184.9k $3.1m | Reduced -41.9k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 182.6k $3.1m | Added +22.2k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 182.4k $3.1m | Reduced -4.8k |