SEVEN HILLS REALTY TRUST SEVN
COM · REIT · CUSIP 81784E101
- 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 ($32.8k this quarter). Holder counts are more reliable. Shares outstanding: 22.7m as of 2026-07-24, 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 ≈ $8.43. Options: 1 managers hold calls ($5.1k notional), 2 hold puts ($117.2k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 35 |
| Q4 2022 | 35 |
| Q1 2023 | 37 |
| Q2 2023 | 36 |
| Q3 2023 | 44 |
| Q4 2023 | 49 |
| Q1 2024 | 48 |
| Q2 2024 | 53 |
| Q3 2024 | 54 |
| Q4 2024 | 59 |
| Q1 2025 | 62 |
| Q2 2025 | 67 |
| Q3 2025 | 72 |
| Q4 2025 | 77 |
| Q1 2026 | 91 |
| Q2 2026 | 93 |
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 | 32 | 21 |
| Q4 2024 | 29 | 18 |
| Q1 2025 | 21 | 26 |
| Q2 2025 | 33 | 22 |
| Q3 2025 | 39 | 17 |
| Q4 2025 | 55 | 21 |
| Q1 2026 | 46 | 32 |
| Q2 2026 | 56 | 29 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $185.5k | $284.0k | 1.53 |
| Q4 2025 | $137.1k | $1.0m | 7.56 |
| Q1 2026 | $90.4k | $748.0k | 8.27 |
| Q2 2026 | $5.1k | $117.2k | 23.17 |
Biggest buyers
| BlackRock, Inc. | Added | +434.8k |
| AQR CAPITAL MANAGEMENT LLC | Added | +61.2k |
| Cambridge Investment Research Advisors, Inc. | Added | +55.8k |
| Qube Research & Technologies Ltd | Added | +46.3k |
| FMR LLC | Added | +38.5k |
| Abel Hall, LLC | New | +37.8k |
| UBS Group AG | Added | +34.6k |
| Odyssean, LLC | Added | +31.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +31.0k |
| ACADIAN ASSET MANAGEMENT LLC | New | +30.6k |
Biggest sellers
| Flat Footed LLC | Reduced | -350.1k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -128.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -45.1k |
| Independent Advisor Alliance | Reduced | -40.7k |
| Lido Advisors, LLC | Reduced | -36.9k |
| HSBC HOLDINGS PLC | Sold out | -28.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -26.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -10.2k |
| BARCLAYS PLC | Reduced | -7.8k |
| SEI INVESTMENTS CO | Reduced | -5.7k |
Biggest calls
| SIMPLEX TRADING, LLC | Unchanged | $5.1k600 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $96.1k11.4k shares |
| SIMPLEX TRADING, LLC | Unchanged | $21.1k2.5k 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 |
|---|---|
Tremont Realty Capital LLC
13D · may seek influence
+8.9 pts · filed 2025-12-08
Stated purpose"Item 4. Purpose of Transaction" of the Schedule 13D is hereby amended by adding the following: Prior to the expiration of the Rights Offering on December 4, 2025, holders of rights subscribed for 5,167,113 Common Shares at $8.65 per Common Share (the "Subscription Price"). Through the exercise of their respective basic subscription rights, TRC purchased 854,029 Common Shares, Adam D. Portnoy purchased 109,669 Common Shares and ABP Trust purchased 58,266 Common Shares on December 4, 2025 in the Rights Offering. Pursuant to the Backstop Commitment, TRC is obligated to purchase the 2,015,748 Common Shares that remained unsubscribed following the Expiration Date. Such transaction is expected to close promptly. Full filing |
22.5% |
| BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-07-30 | 9.1% |
Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (4.5%, 2026-07-31), MORGAN STANLEY (3.8%, 2026-05-12), VANGUARD GROUP INC (0.0%, 2026-03-27)
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 | $45.1k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 1 | $17.4m | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 2.1m $17.3m | Added +434.8k |
| MORGAN STANLEY 0.00% of their portfolio | 889.5k $7.5m | Reduced -4.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 875.1k $7.4m | Reduced -128.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 600.7k $5.1m | Reduced -26.4k |
| STATE STREET CORP 0.00% of their portfolio | 366.9k $3.1m | Added +11.1k |
| Independent Advisor Alliance 0.07% of their portfolio | 336.1k $2.8m | Reduced -40.7k |
| RIVERBRIDGE PARTNERS LLC 0.06% of their portfolio | 243.6k $2.1m | Added +2.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 189.2k $1.6m | Added +10.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 180.7k $1.5m | Added +8.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 163.5k $1.4m | Added +1.3k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 150.2k $1.3m | Added +7.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 149.0k $1.3m | Added +21.2k |
| Penserra Capital Management LLC 0.01% of their portfolio | 146.6k $1.2m | Added +12.7k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 109.6k $924.0k | Added +55.8k |
| UBS Group AG 0.00% of their portfolio | 91.0k $767.0k | Added +34.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 87.0k $733.7k | Reduced -10.2k |
| Lido Advisors, LLC 0.00% of their portfolio | 86.1k $725.9k | Reduced -36.9k |
| Flat Footed LLC 0.12% of their portfolio | 83.0k $700.1k | Reduced -350.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 77.2k $650.8k | Added +61.2k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 70.0k $590.3k | Added +46.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 69.9k $589.4k | Added +4.8k |
| Cerity Partners LLC 0.00% of their portfolio | 60.1k $507.0k | Added +2.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 55.7k $469.4k | Added +5.3k |
| Nuveen, LLC 0.00% of their portfolio | 44.0k $371.1k | Added +7.7k |
| Odyssean, LLC 0.06% of their portfolio | 42.0k $353.8k | Added +31.2k |
| FMR LLC 0.00% of their portfolio | 39.8k $335.2k | Added +38.5k |
| Abel Hall, LLC 0.06% of their portfolio | 37.8k $319.1k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 35.0k $295.1k | Added +5.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 31.0k $261.4k | New |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 30.6k $258.0k | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 30.6k $258.4k | Added +2.4k |
| Smith Asset Management Co., LLC 0.19% of their portfolio | 29.3k $247.2k | Reduced -2.7k |
| Invesco Ltd. 0.00% of their portfolio | 24.8k $208.9k | Added +2.0k |
| ADAPT WEALTH ADVISORS, LLC 0.06% of their portfolio | 20.5k $172.9k | Reduced -4.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 20.1k $169.4k | Reduced -5.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 19.3k $162.6k | Added +10.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 18.6k $156.8k | Added +14.9k |
| AE Wealth Management LLC 0.00% of their portfolio | 18.6k $156.6k | Added +1.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 18.5k $156.0k | Added +609 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 18.3k $155.0k | Added +4.6k |
| BARCLAYS PLC 0.00% of their portfolio | 17.4k $146.4k | Reduced -7.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 17.3k $145.8k | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 17.0k $143.7k | Reduced -5.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 15.2k $128.1k | Added +1.3k |
| LPL Financial LLC 0.00% of their portfolio | 14.8k $124.9k | Reduced -3.8k |
| Jump Financial, LLC 0.00% of their portfolio | 14.2k $119.7k | Added +3.0k |
| SANDERS MORRIS HARRIS LLC 0.07% of their portfolio | 14.0k $118.0k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 13.2k $111.2k | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 11.7k $98.3k | New |
| Creative Planning 0.00% of their portfolio | 10.8k $91.4k | Reduced -355 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 10.5k $88.5k | Reduced -45.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 10.3k $86.8k | Reduced -382 |
| CITIGROUP INC 0.00% of their portfolio | 10.2k $86.3k | Added +7.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 9.6k $81.8k | Added +623 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 9.6k $80.7k | Added +8.9k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 7.1k $60.1k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 7.0k $58.8k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.8k $48.9k | Added +2.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.4k $37.0k | Added +2.8k |
| STRS OHIO 0.00% of their portfolio | 3.9k $32.9k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 2.9k $24.0k | First filing |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 2.5k $20.8k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 2.4k $20.2k | Added +597 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.1k $17.9k | Reduced -2.0k |
| Arax Advisory Partners 0.00% of their portfolio | 1.5k $12.3k | Added +1.5k |
| TFC Financial Management, Inc. 0.00% of their portfolio | 1.4k $12.1k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.4k $12.0k | Reduced -2.8k |
| GAMMA Investing LLC 0.00% of their portfolio | 1.3k $10.6k | Added +490 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.3k $10.6k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 1.0k $8.4k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 751 $6.3k | Added +749 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 483 $4.1k | Unchanged |
| Triumph Capital Management 0.00% of their portfolio | 481 $4.1k | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 451 $3.8k | New |
| Sterling Capital Management LLC 0.00% of their portfolio | 413 $3.5k | Reduced -318 |
| TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio | 408 $3.4k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 308 $2.6k | Reduced -887 |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 252 $2.1k | Reduced -416 |
| Essential Partners LLC 0.00% of their portfolio | 206 $1.7k | Added +143 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 175 $1.6k | Unchanged |
| Covestor Ltd 0.00% of their portfolio | 140 $1.0k | Added +45 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 119 $1.0k | Added +93 |
| IFP Advisors, Inc 0.00% of their portfolio | 116 $978 | Added +106 |
| Ares Financial Consulting, LLC 0.00% of their portfolio | 87 $733 | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 52 $438 | Added +2 |
| True Wealth Design, LLC 0.00% of their portfolio | 49 $414 | Added +38 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 46 $389 | Added +42 |
| Fortitude Family Office, LLC 0.00% of their portfolio | 21 $177 | New |
| Parallel Advisors, LLC 0.00% of their portfolio | 14 $118 | New |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 14 $118 | Added +13 |
| SJS Investment Consulting Inc. 0.00% of their portfolio | 10 $85 | New |
| Clearstead Advisors, LLC 0.00% of their portfolio | 1 $9 | New |
| JPL Wealth Management, LLC 0.00% of their portfolio | 1 $9 | New |