INDUSTRIAL LOGISTICS PPTYS T ILPT
COM SHS BEN INT · REIT · CUSIP 456237106
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNewton, MA
- 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 ($250.2k this quarter). Holder counts are more reliable. Shares outstanding: 66.7m as of 2026-07-27, 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 ≈ $8.87. Options: 6 managers hold calls ($1.8m notional), 4 hold puts ($389.4k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 209 |
| Q4 2022 | 190 |
| Q1 2023 | 168 |
| Q2 2023 | 153 |
| Q3 2023 | 143 |
| Q4 2023 | 140 |
| Q1 2024 | 144 |
| Q2 2024 | 145 |
| Q3 2024 | 161 |
| Q4 2024 | 143 |
| Q1 2025 | 138 |
| Q2 2025 | 145 |
| Q3 2025 | 153 |
| Q4 2025 | 151 |
| Q1 2026 | 157 |
| Q2 2026 | 161 |
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 | 73 | 63 |
| Q4 2024 | 50 | 83 |
| Q1 2025 | 46 | 67 |
| Q2 2025 | 55 | 73 |
| Q3 2025 | 81 | 63 |
| Q4 2025 | 78 | 57 |
| Q1 2026 | 77 | 62 |
| Q2 2026 | 94 | 60 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.3m | $157.9k | 0.05 |
| Q4 2025 | $520.8k | $150.7k | 0.29 |
| Q1 2026 | $239.7k | $162.4k | 0.68 |
| Q2 2026 | $1.8m | $389.4k | 0.22 |
Biggest buyers
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +2.6m |
| Nantahala Capital Management, LLC | Added | +543.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +326.3k |
| BlackRock, Inc. | Added | +301.0k |
| FEDERATED HERMES, INC. | New | +288.7k |
| TWO SIGMA INVESTMENTS, LP | Added | +277.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +249.9k |
| VANGUARD CAPITAL MANAGEMENT LLC | Added | +207.6k |
| MORGAN STANLEY | Added | +194.1k |
| LSV ASSET MANAGEMENT | Added | +159.4k |
Biggest sellers
| Flat Footed LLC | Reduced | -1.1m |
| Union Square Park Capital Management, LLC | Reduced | -562.8k |
| Qube Research & Technologies Ltd | Reduced | -302.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -279.7k |
| Inspire Investing, LLC | Sold out | -265.2k |
| CastleKnight Management LP | Reduced | -234.0k |
| DigitalBridge Group, Inc. | Sold out | -213.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -178.2k |
| Point72 Asset Management, L.P. | Reduced | -177.0k |
| D. E. Shaw & Co., Inc. | Reduced | -158.8k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $622.7k70.2k shares |
| IMC-Chicago, LLC | Added | $528.7k59.6k shares |
| CITADEL ADVISORS LLC | Added | $327.3k36.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $258.1k29.1k shares |
| SIMPLEX TRADING, LLC | Added | $62.1k7.0k shares |
| GROUP ONE TRADING LLC | New | $1.8k200 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $156.1k17.6k shares |
| JANE STREET GROUP, LLC | New | $127.7k14.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $88.7k10.0k shares |
| SIMPLEX TRADING, LLC | Added | $16.9k1.9k 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 2025-07-17 | 7.5% |
Fell to 5% or below in the last year: He Zhengxu (4.9%, 2025-12-08)
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 | 1 | $66.2k | 0 | — | — |
| Q3 2025 | 1 | $27.1k | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 1 | $17.7k | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-22 | PHELAN KEVIN C Director · By Trust | Bought | $17.7k2.0k 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. 0.00% of their portfolio | 5.8m $51.2m | Added +301.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 2.9m $25.8m | Added +2.6m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.8m $24.5m | Added +207.6k |
| Nantahala Capital Management, LLC 0.60% of their portfolio | 2.2m $19.7m | Added +543.3k |
| CastleKnight Management LP 0.53% of their portfolio | 1.7m $14.7m | Reduced -234.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.6m $14.6m | Added +249.9k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 1.3m $11.5m | Added +159.4k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $11.0m | Added +83.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.2m $10.8m | Reduced -158.8k |
| UMB Bank, n.a. 0.13% of their portfolio | 1.2m $10.2m | Reduced -126.6k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 895.0k $7.9m | Added +277.3k |
| MORGAN STANLEY 0.00% of their portfolio | 600.6k $5.3m | Added +194.1k |
| LPL Financial LLC 0.00% of their portfolio | 594.9k $5.3m | Added +22.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 582.4k $5.2m | Added +107.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 582.3k $5.2m | Added +123.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 545.2k $4.8m | Added +326.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 544.8k $4.8m | Added +95.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 540.7k $4.8m | Reduced -178.2k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 392.6k $3.5m | Reduced -811 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 386.4k $3.4m | Added +102.9k |
| Flat Footed LLC 0.57% of their portfolio | 371.2k $3.3m | Reduced -1.1m |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 369.9k $3.3m | Added +130.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 357.6k $3.2m | Added +47.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 352.3k $3.1m | Reduced -55.3k |
| UBS Group AG 0.00% of their portfolio | 313.7k $2.8m | Added +91.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 305.8k $2.7m | Reduced -10.2k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 288.7k $2.6m | New |
| Invesco Ltd. 0.00% of their portfolio | 283.1k $2.5m | Reduced -28.1k |
| RBF Capital, LLC 0.09% of their portfolio | 250.0k $2.2m | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.13% of their portfolio | 226.9k $2.0m | Reduced -77.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 217.5k $1.9m | Added +125.4k |
| Union Square Park Capital Management, LLC 1.29% of their portfolio | 200.0k $1.8m | Reduced -562.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 198.2k $1.8m | Added +6.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 183.0k $1.6m | Added +29.6k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 175.1k $1.6m | Reduced -38.7k |
| Informed Momentum Co LLC 0.12% of their portfolio | 153.2k $1.4m | New |
| Nuveen, LLC 0.00% of their portfolio | 146.6k $1.3m | Added +57.7k |
| D.A. DAVIDSON & CO. 0.01% of their portfolio | 136.6k $1.2m | Added +10.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 130.2k $1.2m | Reduced -9.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 130.0k $1.2m | New |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.14% of their portfolio | 126.5k $1.1m | Unchanged |
| NORGES BANK 0.00% of their portfolio | 126.0k $1.1m | Not comparable |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 122.2k $1.1m | Added +58.4k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 107.7k $955.6k | Added +90.7k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 106.5k $944.5k | Reduced -16.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 98.9k $877.2k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 98.6k $874.3k | Reduced -279.7k |
| Cambria Investment Management, L.P. 0.04% of their portfolio | 98.3k $872.1k | New |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 97.9k $868.4k | Added +8.0k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 95.7k $861.4k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 87.3k $774.1k | Added +35.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 87.0k $772.1k | Added +6.3k |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 83.1k $736.7k | Unchanged |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 81.9k $726.1k | Reduced -302.2k |
| Quantinno Capital Management LP 0.00% of their portfolio | 80.0k $710.0k | Added +25.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 76.8k $680.9k | Reduced -129.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 72.0k $638.9k | Added +14.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 67.9k $602.1k | Added +26.3k |
| Hillsdale Investment Management Inc. 0.01% of their portfolio | 66.3k $588.1k | Unchanged |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 64.9k $575.3k | Added +23.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 63.4k $562.6k | Added +40 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 61.3k $348.4k | Added +14.2k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 58.3k $517.3k | Reduced -177.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 53.9k $478.5k | Added +11.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 49.9k $443.0k | Added +28.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 48.8k $433.0k | Reduced -3.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 46.7k $414.0k | Added +8.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 46.6k $413.0k | Unchanged |
| Creative Planning 0.00% of their portfolio | 38.8k $344.5k | Added +891 |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 38.8k $344.0k | Reduced -2.0k |
| Register Financial Advisors LLC 0.11% of their portfolio | 38.7k $343.2k | Added +10 |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 38.4k $340.9k | Added +7.5k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 35.0k $310.9k | Added +11.8k |
| Corient Private Wealth LP 0.00% of their portfolio | 34.0k $301.6k | Added +713 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 27.1k $239.0k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 26.5k $234.8k | Added +23.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 26.2k $232.1k | Added +724 |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 25.9k $241.5k | Unchanged |
| Empowered Funds, LLC 0.00% of their portfolio | 25.9k $229.4k | Reduced -20.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 24.7k $231.7k | Reduced -24.3k |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 22.9k $203.3k | Reduced -319 |
| Savvy Advisors, Inc. 0.00% of their portfolio | 22.7k $201.3k | Unchanged |
| FMR LLC 0.00% of their portfolio | 22.6k $200.8k | Reduced -2.8k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 22.2k $197.1k | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 19.9k $183.0k | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 19.1k $169.7k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 17.6k $156.1k | Added +9.0k |
| MANGROVE PARTNERS IM, LLC 0.01% of their portfolio | 17.2k $152.7k | New |
| Mariner, LLC 0.00% of their portfolio | 17.2k $152.4k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 16.4k $145.5k | Reduced -16.7k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 16.1k $142.8k | Unchanged |
| XTX Topco Ltd 0.00% of their portfolio | 14.9k $132.3k | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 14.7k $130.3k | Reduced -2.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 14.5k $128.3k | Added +289 |
| Mesirow Financial Investment Management, Inc. 0.00% of their portfolio | 14.2k $125.7k | Added +92 |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.00% of their portfolio | 13.7k $121.7k | Unchanged |
| SILVER OAK SECURITIES, INCORPORATED 0.01% of their portfolio | 13.4k $119.3k | Unchanged |
| MARTINGALE ASSET MANAGEMENT L P 0.00% of their portfolio | 13.3k $118.0k | New |
| Graham Capital Management, L.P. 0.00% of their portfolio | 13.2k $116.9k | New |
| CALDWELL SUTTER CAPITAL, INC. 0.04% of their portfolio | 13.0k $115.4k | Unchanged |