TERRENO RLTY CORP TRNO
COM · REIT · CUSIP 88146M101
- SectorReal estate
- IndustryReal Estate
- HeadquartersSan Francisco, CA
- 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 ($15.9m this quarter). Holder counts are more reliable. Shares outstanding: 96.7m as of 2024-05-06, 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 ≈ $66.15. Options: 2 managers hold calls ($112.9k notional), 2 hold puts ($146.1k).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 269 |
| Q4 2022 | 267 |
| Q1 2023 | 289 |
| Q2 2023 | 291 |
| Q3 2023 | 299 |
| Q4 2023 | 306 |
| Q1 2024 | 325 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 144 | 121 |
| Q1 2023 | 177 | 89 |
| Q2 2023 | 162 | 119 |
| Q3 2023 | 156 | 120 |
| Q4 2023 | 164 | 137 |
| Q1 2024 | 186 | 125 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.1m | $48.1k | 0.04 |
| Q3 2023 | $28.4k | $90.9k | 3.20 |
| Q4 2023 | $137.9k | $162.9k | 1.18 |
| Q1 2024 | $112.9k | $146.1k | 1.29 |
Biggest buyers
| MORGAN STANLEY | Added | +1.1m |
| VANGUARD GROUP INC | Added | +919.9k |
| MACQUARIE GROUP LTD | Added | +915.9k |
| Resolution Capital Ltd | Added | +887.9k |
| FMR LLC | Added | +861.4k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +728.0k |
| Ranger Global Real Estate Advisors, LLC | Added | +629.4k |
| CITADEL ADVISORS LLC | Added | +545.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +377.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +291.1k |
Biggest sellers
| JUPITER ASSET MANAGEMENT LTD | Sold out | -430.2k |
| STATE STREET CORP | Reduced | -309.2k |
| APG Asset Management US Inc. | Reduced | -170.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -157.1k |
| AMERIPRISE FINANCIAL INC | Reduced | -149.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -143.2k |
| Allianz Asset Management GmbH | Reduced | -121.4k |
| JPMORGAN CHASE & CO | Reduced | -88.4k |
| Zimmer Partners, LP | Sold out | -82.3k |
| TWO SIGMA ADVISERS, LP | Reduced | -73.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $112.9k1.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $146.1k2.2k 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 |
|---|---|
| BlackRock, Inc. 13G · institution -1.0 pts · filed 2025-07-18 | 16.8% |
| FMR LLC 13G · institution +1.0 pts · filed 2025-09-08 | 10.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution +0.4 pts · filed 2026-07-07 | 10.2% |
| STATE STREET CORP 13G · institution new · filed 2025-02-05 | 5.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2024
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 2022 | 2 | $192.5k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $234.0k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $596.0k | — |
| Q4 2023 | 0 | — | 2 | $386.9k | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 13.0m $862.0m | Added +919.9k |
| BlackRock Inc. 0.01% of their portfolio | 8.7m $580.0m | Added +64.1k |
| FMR LLC 0.03% of their portfolio | 7.1m $469.9m | Added +861.4k |
| Invesco Ltd. 0.08% of their portfolio | 5.6m $370.8m | Added +108.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.20% of their portfolio | 5.2m $342.3m | Added +728.0k |
| MORGAN STANLEY 0.01% of their portfolio | 4.6m $302.8m | Added +1.1m |
| T. Rowe Price Investment Management, Inc. 0.18% of their portfolio | 4.4m $294.5m | Added +123.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 4.2m $276.4m | Added +291.1k |
| STATE STREET CORP 0.01% of their portfolio | 3.8m $255.2m | Reduced -309.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.2m $214.5m | Reduced -88.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.1m $141.1m | Added +161.2k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 2.0m $133.1m | Reduced -13.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.13% of their portfolio | 1.7m $110.4m | Added +377.4k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.7m $109.7m | Added +177.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.3m $88.5m | Added +139.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.3m $85.0m | Added +56.2k |
| Resolution Capital Ltd 1.47% of their portfolio | 1.2m $82.3m | Added +887.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.2m $76.7m | Reduced -28.0k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.1m $75.9m | Reduced -157.1k |
| Copeland Capital Management, LLC 1.34% of their portfolio | 1.1m $74.0m | Added +34.9k |
| MACQUARIE GROUP LTD 0.08% of their portfolio | 1.1m $69.8m | Added +915.9k |
| Tandem Investment Advisors, Inc. 2.56% of their portfolio | 997.4k $66.2m | Added +20.2k |
| NORGES BANK 0.01% of their portfolio | 909.2k $60.4m | Added +42.7k |
| Legal & General Group Plc 0.02% of their portfolio | 900.3k $59.8m | Added +4.8k |
| Chevy Chase Trust Holdings, LLC 0.20% of their portfolio | 900.2k $59.8m | Added +7.9k |
| Ranger Global Real Estate Advisors, LLC 5.93% of their portfolio | 793.5k $29.7m | Added +629.4k |
| CRAMER ROSENTHAL MCGLYNN LLC 2.85% of their portfolio | 792.2k $52.6m | Added +1.3k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.20% of their portfolio | 710.6k $47.2m | Reduced -2.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 701.3k $46.6m | Added +52.9k |
| Uniplan Investment Counsel, Inc. 3.61% of their portfolio | 691.4k $45.9m | Reduced -23.7k |
| APG Asset Management US Inc. 0.24% of their portfolio | 645.2k $41.4m | Reduced -170.0k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 635.2k $42.2m | Added +545.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 615.7k $40.9m | Reduced -30.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 578.6k $38.4m | Reduced -125 |
| SEGALL BRYANT & HAMILL, LLC 0.72% of their portfolio | 574.6k $38.2m | Reduced -22.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 526.9k $35.0m | Added +200.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 484.8k $32.2m | Reduced -44.6k |
| Aberdeen Group plc 0.05% of their portfolio | 406.0k $27.0m | Reduced -11.1k |
| Thrivent Financial for Lutherans 0.05% of their portfolio | 392.5k $26.1m | Added +212.9k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 379.9k $25.2m | Added +94.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 378.9k $25.2m | Reduced -21.1k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 366.1k $24.3m | Added +16.4k |
| Bahl & Gaynor LLC 0.14% of their portfolio | 365.9k $24.3m | Added +23.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 344.3k $22.9m | Added +17.6k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 337.8k $22.4m | Added +132.5k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 323.2k $21.5m | Reduced -16.5k |
| Granite Investment Partners, LLC 0.81% of their portfolio | 319.5k $21.2m | Reduced -11.6k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 310.8k $20.6m | Reduced -73.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 301.1k $20.0m | Added +1.7k |
| BESSEMER GROUP INC 0.04% of their portfolio | 292.8k $19.4m | Added +79.4k |
| DAVIDSON INVESTMENT ADVISORS 0.92% of their portfolio | 265.8k $17.6m | Added +1.8k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 246.6k $16.4m | Added +4.5k |
| EAGLE ASSET MANAGEMENT INC 0.08% of their portfolio | 245.5k $15.7m | Reduced -44.5k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 242.5k $16.1m | Added +141.1k |
| CONGRESS ASSET MANAGEMENT CO 0.11% of their portfolio | 222.8k $14.8m | Added +27.4k |
| Gillson Capital LP 1.38% of their portfolio | 218.4k $14.5m | New |
| EMERALD ADVISERS, LLC 0.58% of their portfolio | 217.4k $14.4m | Added +2.3k |
| Asset Management One Co., Ltd. 0.05% of their portfolio | 211.0k $14.0m | Added +16.9k |
| STRS OHIO 0.05% of their portfolio | 204.2k $13.6m | Added +30.1k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 201.5k $13.4m | Added +39.8k |
| Ghisallo Capital Management LLC 1.51% of their portfolio | 200.0k $13.3m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 194.8k $12.9m | Added +77.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 187.0k $12.4m | Reduced -5.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 178.6k $11.9m | Added +33.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 178.3k $11.8m | Added +111.4k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.60% of their portfolio | 173.6k $11.5m | Reduced -10.3k |
| Lighthouse Investment Partners, LLC 0.66% of their portfolio | 170.0k $11.3m | New |
| Swiss National Bank 0.01% of their portfolio | 168.5k $11.2m | Added +3.1k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 165.3k $11.0m | Reduced -121.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 163.4k $10.8m | Reduced -38.3k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 160.2k $10.6m | Added +5.6k |
| Moody Aldrich Partners LLC 1.81% of their portfolio | 159.9k $10.6m | Reduced -3.6k |
| Davis Selected Advisers 0.06% of their portfolio | 158.6k $10.5m | Reduced -41.3k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 154.6k $10.3m | Added +122.5k |
| BAMCO INC /NY/ 0.03% of their portfolio | 153.5k $10.2m | Reduced -4.1k |
| Alyeska Investment Group, L.P. 0.06% of their portfolio | 153.2k $10.2m | New |
| Impax Asset Management Group plc 0.04% of their portfolio | 150.0k $10.0m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 143.3k $9.5m | Added +13.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 142.1k $9.4m | Reduced -1.4k |
| Manning & Napier Group, LLC 0.11% of their portfolio | 141.5k $9.4m | Added +23.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 140.3k $9.3m | Added +53.3k |
| State of New Jersey Common Pension Fund D 0.03% of their portfolio | 135.9k $9.0m | Unchanged |
| DigitalBridge Group, Inc. 0.81% of their portfolio | 134.7k $8.9m | Added +7.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio | 133.9k $8.9m | Added +13.1k |
| HOWLAND CAPITAL MANAGEMENT LLC 0.43% of their portfolio | 133.0k $8.9m | Added +54.6k |
| Phocas Financial Corp. 0.99% of their portfolio | 132.8k $8.8m | Reduced -3.3k |
| Bernzott Capital Advisors 3.39% of their portfolio | 129.1k $8.6m | Reduced -10.7k |
| ProShare Advisors LLC 0.02% of their portfolio | 128.6k $8.5m | Reduced -12.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 121.1k $8.0m | Reduced -2 |
| BARCLAYS PLC 0.00% of their portfolio | 120.7k $8.0m | Reduced -51.9k |
| MAKENA CAPITAL MANAGEMENT LLC 1.86% of their portfolio | 120.5k $8.0m | Added +906 |
| SEVEN GRAND MANAGERS, LLC 3.90% of their portfolio | 120.0k $8.0m | New |
| Pacer Advisors, Inc. 0.02% of their portfolio | 114.3k $7.6m | Added +5.6k |
| UBS Group AG 0.00% of their portfolio | 110.6k $7.3m | Reduced -17.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio | 109.6k $7.3m | Added +15.1k |
| Azimuth Capital Investment Management LLC 0.30% of their portfolio | 109.0k $7.2m | Added +2.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 105.5k $7.0m | Added +6.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 104.1k $6.9m | Reduced -149.2k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 98.9k $5.4m | Added +6.7k |
| EASTERLY INVESTMENT PARTNERS LLC 0.49% of their portfolio | 96.5k $6.4m | New |