INDEPENDENCE RLTY TR INC IRT
COM · REIT · CUSIP 45378A106
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersPhiladelphia, PA
- 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 ($30.0m this quarter). Holder counts are more reliable. Shares outstanding: 235.7m as of 2026-07-29, 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 ≈ $16.64. Options: 1 managers hold calls ($177.1k notional), 1 hold puts ($849.5k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 364 |
| Q4 2022 | 362 |
| Q1 2023 | 353 |
| Q2 2023 | 356 |
| Q3 2023 | 359 |
| Q4 2023 | 334 |
| Q1 2024 | 333 |
| Q2 2024 | 344 |
| Q3 2024 | 393 |
| Q4 2024 | 407 |
| Q1 2025 | 409 |
| Q2 2025 | 398 |
| Q3 2025 | 384 |
| Q4 2025 | 375 |
| Q1 2026 | 385 |
| Q2 2026 | 394 |
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 | 201 | 146 |
| Q4 2024 | 179 | 173 |
| Q1 2025 | 186 | 187 |
| Q2 2025 | 184 | 196 |
| Q3 2025 | 181 | 189 |
| Q4 2025 | 173 | 187 |
| Q1 2026 | 162 | 181 |
| Q2 2026 | 187 | 172 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $6.0m | $4.4m | 0.73 |
| Q4 2025 | $5.2k | $867.0k | 165.33 |
| Q1 2026 | $6.0k | $1.1m | 182.50 |
| Q2 2026 | $177.1k | $849.5k | 4.80 |
Biggest buyers
| GRS Advisors, LLC | New | +2.3m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +1.7m |
| FRANKLIN RESOURCES INC | Added | +1.7m |
| Hudson Bay Capital Management LP | New | +1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.2m |
| Holocene Advisors, LP | Added | +982.9k |
| Squarepoint Ops LLC | Added | +939.2k |
| CONGRESS ASSET MANAGEMENT CO | Added | +857.3k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Added | +759.1k |
| River Road Asset Management, LLC | Added | +672.1k |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -3.5m |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -2.5m |
| Engineers Gate Manager LP | Reduced | -2.3m |
| JENNISON ASSOCIATES LLC | Reduced | -1.9m |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Reduced | -1.3m |
| RUSH ISLAND MANAGEMENT, LP | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -984.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -983.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -652.0k |
| Long Pond Capital, LP | Reduced | -600.0k |
Biggest calls
| Capital Investment Advisors, LLC | New | $177.1k10.6k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $849.5k50.9k 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 | 14.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 9.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
Fell to 5% or below in the last year: Long Pond Capital, LP (2.2%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), T. Rowe Price Investment Management, Inc. (4.3%, 2026-02-17)
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.
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 2 | $241.4k | $241.4k |
| Q3 2025 | 0 | — | 1 | $26.2k | $26.2k |
| Q4 2025 | 0 | — | 1 | $24.6k | $24.6k |
| Q1 2026 | 0 | — | 1 | $25.3k | $16.6k |
| Q2 2026 | 0 | — | 1 | $23.7k | $23.7k |
| Q3 2026 | 0 | — | 1 | $24.8k | $24.8k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-01 | Gebert Richard D Director | Sold plan | $8.1k500 shares |
| 2026-08-03 | Gebert Richard D Director | Sold plan | $8.3k500 shares |
| 2026-07-01 | Gebert Richard D Director | Sold plan | $8.4k500 shares |
| 2026-06-01 | Gebert Richard D Director | Sold plan | $8.1k500 shares |
| 2026-05-01 | Gebert Richard D Director | Sold plan | $8.2k500 shares |
| 2026-04-01 | Gebert Richard D Director | Sold plan | $7.4k500 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 36.1m $602.0m | Added +376.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 21.8m $363.8m | Added +391.0k |
| STATE STREET CORP 0.01% of their portfolio | 13.0m $218.9m | Reduced -89.8k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 10.6m $177.1m | Reduced -6.5k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 7.9m $118.2m | Reduced -310.7k |
| PRUDENTIAL FINANCIAL INC 0.14% of their portfolio | 7.9m $131.4m | Added +7.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 7.0m $116.6m | Added +315.2k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 6.5m $107.9m | Reduced -3.5m |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.14% of their portfolio | 5.6m $92.9m | Reduced -1.3m |
| MORGAN STANLEY 0.00% of their portfolio | 5.5m $92.0m | Reduced -270.1k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 5.4m $90.0m | Added +1.7m |
| Long Pond Capital, LP 8.97% of their portfolio | 5.1m $85.6m | Reduced -600.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.4m $73.4m | Added +210.0k |
| NORGES BANK 0.01% of their portfolio | 4.1m $69.0m | Not comparable |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.5m $58.6m | Added +162.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.3m $54.3m | Reduced -220.8k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 2.7m $44.7m | Reduced -984.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.6m $43.2m | Added +649.8k |
| Woodline Partners LP 0.13% of their portfolio | 2.5m $41.5m | Added +536.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.37% of their portfolio | 2.4m $39.7m | Reduced -493.0k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.33% of their portfolio | 2.4m $39.2m | Added +759.1k |
| Holocene Advisors, LP 0.09% of their portfolio | 2.3m $38.7m | Added +982.9k |
| RUSH ISLAND MANAGEMENT, LP 2.56% of their portfolio | 2.3m $38.7m | Reduced -1.1m |
| GRS Advisors, LLC 3.19% of their portfolio | 2.3m $37.7m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 2.2m $36.8m | Added +1.7m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.1m $35.7m | Added +148.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 2.1m $35.2m | Reduced -983.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.0m $32.9m | Reduced -17.1k |
| Argosy-Lionbridge Management, LLC 19.10% of their portfolio | 1.8m $30.4m | Added +1.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.8m $29.9m | Reduced -652.0k |
| River Road Asset Management, LLC 0.33% of their portfolio | 1.8m $29.2m | Added +672.1k |
| GW&K Investment Management, LLC 0.21% of their portfolio | 1.6m $26.5m | Reduced -3.0k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 1.6m $26.2m | Added +34.0k |
| Invesco Ltd. 0.00% of their portfolio | 1.4m $23.9m | Added +46.4k |
| Hudson Bay Capital Management LP 0.11% of their portfolio | 1.3m $22.5m | New |
| Fisher Asset Management, LLC 0.01% of their portfolio | 1.3m $22.3m | Added +93.5k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 1.3m $21.5m | Reduced -1.9m |
| UBS Group AG 0.00% of their portfolio | 1.3m $21.0m | Reduced -292.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.2m $20.8m | Added +1.2m |
| Nuveen, LLC 0.00% of their portfolio | 1.2m $20.1m | Added +628.3k |
| MetLife Investment Management, LLC 0.09% of their portfolio | 1.2m $20.0m | Added +188.3k |
| Legal & General Group Plc 0.00% of their portfolio | 1.2m $20.0m | Reduced -130.5k |
| Lighthouse Investment Partners, LLC 0.53% of their portfolio | 1.0m $17.1m | Reduced -30.8k |
| CONGRESS ASSET MANAGEMENT CO 0.10% of their portfolio | 1.0m $16.7m | Added +857.3k |
| Squarepoint Ops LLC 0.03% of their portfolio | 981.9k $16.4m | Added +939.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 979.1k $16.3m | Reduced -599.8k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.04% of their portfolio | 884.2k $14.8m | Added +2.4k |
| Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio | 851.8k $14.2m | Added +414.0k |
| Engineers Gate Manager LP 0.18% of their portfolio | 839.1k $14.0m | Reduced -2.3m |
| EXCHANGE TRADED CONCEPTS, LLC 0.07% of their portfolio | 834.8k $13.9m | Added +175.3k |
| Daiwa Securities Group Inc. 0.03% of their portfolio | 796.6k $13.3m | Added +10.0k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.18% of their portfolio | 791.9k $13.2m | Reduced -76.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 774.1k $12.9m | Added +13.2k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 754.7k $12.6m | Added +182.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 730.1k $12.2m | Added +528.6k |
| CRAWFORD INVESTMENT COUNSEL INC 0.18% of their portfolio | 645.1k $10.8m | Added +13.9k |
| CITIGROUP INC 0.00% of their portfolio | 627.2k $10.5m | Added +22.1k |
| BLAIR WILLIAM & CO/IL 0.03% of their portfolio | 603.6k $10.1m | Reduced -8.1k |
| APG Asset Management US Inc. 0.07% of their portfolio | 598.8k $10.3m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.18% of their portfolio | 590.1k $9.8m | Added +576.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 536.7k $9.0m | Added +4.3k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 525.9k $8.8m | Added +942 |
| CRAMER ROSENTHAL MCGLYNN LLC 0.41% of their portfolio | 487.6k $8.1m | Added +120.0k |
| Swiss National Bank 0.00% of their portfolio | 473.2k $7.9m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 431.9k $7.2m | Reduced -323.1k |
| Sophron Capital Management L.P. 2.21% of their portfolio | 427.9k $7.1m | Added +216.7k |
| Verition Fund Management LLC 0.05% of their portfolio | 418.6k $7.0m | Reduced -361.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 418.2k $7.0m | Reduced -17.1k |
| California Public Employees Retirement System 0.00% of their portfolio | 395.2k $6.6m | Reduced -53.2k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 379.9k $6.3m | Added +12.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 373.7k $6.2m | New |
| OVERSEA-CHINESE BANKING Corp Ltd 0.14% of their portfolio | 359.1k $6.0m | Reduced -12.6k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 358.7k $6.0m | Added +70.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 354.6k $5.9m | Added +97.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 351.9k $5.9m | Added +18.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 339.7k $5.7m | Added +2.8k |
| LPL Financial LLC 0.00% of their portfolio | 334.1k $5.6m | Added +2.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 329.2k $5.5m | Added +66.2k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 327.0k $5.5m | Reduced -2.5k |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 320.3k $5.3m | New |
| State of New Jersey Common Pension Fund D 0.02% of their portfolio | 317.0k $5.3m | Reduced -32.7k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 306.5k $5.1m | Added +7.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 305.5k $5.1m | Added +116.5k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 290.9k $4.9m | Added +205 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 288.6k $4.8m | Added +43.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 270.9k $4.5m | Reduced -7.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 270.5k $4.5m | Reduced -6.2k |
| Phocas Financial Corp. 0.62% of their portfolio | 268.8k $4.5m | Reduced -14.2k |
| Pathstone Holdings, LLC 0.01% of their portfolio | 268.3k $4.5m | Added +227.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 251.7k $4.2m | Reduced -4.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 248.0k $4.1m | Added +12.0k |
| Lightrock Netherlands B.V. 0.82% of their portfolio | 247.7k $4.1m | Reduced -13.7k |
| Retirement Systems of Alabama 0.01% of their portfolio | 243.3k $4.1m | Reduced -47.0k |
| Grove Bank & Trust 0.39% of their portfolio | 236.7k $4.0m | Unchanged |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 231.2k $3.9m | Added +63.6k |
| Cetera Investment Advisers 0.00% of their portfolio | 230.9k $3.9m | Reduced -8.7k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 224.0k $3.7m | Added +97.7k |
| Vanguard Investments Australia, Ltd. 0.01% of their portfolio | 218.6k $3.6m | Added +4.5k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 215.8k $3.6m | Added +79.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 213.9k $3.6m | Added +78.2k |