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 ($14.4m this quarter). Holder counts are more reliable. Shares outstanding: 96.9m as of 2024-08-06, 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 ≈ $59.11. Options: 1 managers hold calls ($0 notional), 2 hold puts ($5.0k).
Trends to Q2 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 |
| Q2 2024 | 309 |
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 |
| Q2 2024 | 168 | 153 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $28.4k | $90.9k | 3.20 |
| Q4 2023 | $137.9k | $162.9k | 1.18 |
| Q1 2024 | $112.9k | $146.1k | 1.29 |
| Q2 2024 | $0 | $5.0k | — |
Biggest buyers
| FMR LLC | Added | +2.0m |
| Thrivent Financial for Lutherans | Added | +935.4k |
| BlackRock Inc. | Added | +901.0k |
| VANGUARD GROUP INC | Added | +799.9k |
| Resolution Capital Ltd | Added | +777.6k |
| T. Rowe Price Investment Management, Inc. | Added | +663.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +660.1k |
| STATE STREET CORP | Added | +340.7k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +281.5k |
| MACQUARIE GROUP LTD | Added | +264.4k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.0m |
| Ranger Global Real Estate Advisors, LLC | Reduced | -677.9k |
| JPMORGAN CHASE & CO | Reduced | -639.7k |
| CITADEL ADVISORS LLC | Sold out | -635.2k |
| Invesco Ltd. | Reduced | -523.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -345.8k |
| Gillson Capital LP | Sold out | -218.4k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -178.3k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -172.1k |
| Lighthouse Investment Partners, LLC | Sold out | -170.0k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | New | $5.0k100 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 13.8m $815.6m | Added +799.9k |
| BlackRock Inc. 0.01% of their portfolio | 9.6m $570.3m | Added +901.0k |
| FMR LLC 0.03% of their portfolio | 9.1m $538.7m | Added +2.0m |
| T. Rowe Price Investment Management, Inc. 0.19% of their portfolio | 5.1m $301.7m | Added +663.3k |
| Invesco Ltd. 0.06% of their portfolio | 5.1m $299.5m | Reduced -523.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.18% of their portfolio | 5.1m $298.9m | Reduced -104.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 4.3m $255.3m | Added +151.1k |
| STATE STREET CORP 0.01% of their portfolio | 4.2m $247.9m | Added +340.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.6m $153.3m | Reduced -639.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.4m $142.4m | Added +281.5k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 2.2m $127.3m | Added +146.8k |
| Resolution Capital Ltd 2.25% of their portfolio | 2.0m $119.4m | Added +777.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.11% of their portfolio | 1.7m $99.6m | Added +20.5k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.6m $92.9m | Reduced -84.7k |
| MORGAN STANLEY 0.01% of their portfolio | 1.5m $90.1m | Reduced -3.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.4m $83.6m | Added +79.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.4m $81.9m | Added +103.8k |
| Thrivent Financial for Lutherans 0.16% of their portfolio | 1.3m $78.6m | Added +935.4k |
| MACQUARIE GROUP LTD 0.09% of their portfolio | 1.3m $77.9m | Added +264.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.2m $70.5m | Added +35.7k |
| Copeland Capital Management, LLC 1.24% of their portfolio | 1.1m $66.0m | Added +1.6k |
| Tandem Investment Advisors, Inc. 2.46% of their portfolio | 1.0m $61.7m | Added +45.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.0m $60.6m | Reduced -120.0k |
| NORGES BANK 0.01% of their portfolio | 991.8k $58.7m | Added +82.6k |
| Legal & General Group Plc 0.01% of their portfolio | 875.8k $51.8m | Reduced -24.4k |
| Chevy Chase Trust Holdings, LLC 0.16% of their portfolio | 870.8k $51.5m | Reduced -29.5k |
| CRAMER ROSENTHAL MCGLYNN LLC 2.63% of their portfolio | 757.2k $44.8m | Reduced -35.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 725.0k $42.9m | Added +109.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 716.3k $42.4m | Added +15.0k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.18% of their portfolio | 709.1k $42.0m | Reduced -1.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 660.1k $39.1m | New |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 608.7k $36.0m | Added +30.1k |
| Uniplan Investment Counsel, Inc. 3.15% of their portfolio | 585.8k $34.7m | Reduced -105.6k |
| SEGALL BRYANT & HAMILL, LLC 0.56% of their portfolio | 534.2k $31.6m | Reduced -40.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 532.4k $31.5m | Added +5.5k |
| APG Asset Management US Inc. 0.17% of their portfolio | 495.2k $29.4m | Reduced -150.0k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 482.4k $28.5m | Added +102.5k |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 415.3k $24.6m | Added +92.1k |
| Aberdeen Group plc 0.05% of their portfolio | 402.5k $23.8m | Reduced -3.5k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 395.4k $23.4m | Added +16.5k |
| Bahl & Gaynor LLC 0.12% of their portfolio | 368.8k $21.8m | Added +2.9k |
| BESSEMER GROUP INC 0.04% of their portfolio | 341.7k $20.2m | Added +48.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 313.7k $18.6m | Reduced -30.6k |
| DAVIDSON INVESTMENT ADVISORS 0.92% of their portfolio | 301.9k $17.9m | Added +36.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 281.9k $16.7m | Reduced -19.2k |
| Granite Investment Partners, LLC 0.69% of their portfolio | 281.9k $16.7m | Reduced -37.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 269.1k $15.9m | Added +22.5k |
| NFJ INVESTMENT GROUP, LLC 0.45% of their portfolio | 246.9k $14.6m | Added +162.2k |
| CONGRESS ASSET MANAGEMENT CO 0.10% of their portfolio | 241.3k $14.3m | Added +18.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 239.3k $14.1m | Reduced -98.5k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 227.0k $13.4m | Reduced -83.8k |
| STRS OHIO 0.05% of their portfolio | 220.5k $13.0m | Added +16.3k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 210.7k $12.5m | Added +15.9k |
| EMERALD ADVISERS, LLC 0.52% of their portfolio | 208.3k $12.3m | Reduced -9.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 206.0k $12.2m | Added +19.0k |
| Asset Management One Co., Ltd. 0.04% of their portfolio | 198.7k $11.8m | Reduced -12.3k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 193.9k $11.5m | Reduced -172.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 190.8k $11.3m | Added +123.6k |
| Swiss National Bank 0.01% of their portfolio | 189.0k $11.2m | Added +20.5k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 184.3k $10.9m | Reduced -17.3k |
| DigitalBridge Group, Inc. 0.92% of their portfolio | 175.3k $10.4m | Added +40.6k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.54% of their portfolio | 173.6k $10.3m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 167.9k $9.9m | Added +4.5k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 167.2k $9.9m | Added +26.8k |
| Azimuth Capital Investment Management LLC 0.40% of their portfolio | 164.5k $9.7m | Added +55.5k |
| Davis Selected Advisers 0.00% of their portfolio | 158.5k $0 | Reduced -150 |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 157.7k $9.3m | Reduced -84.8k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 153.7k $9.1m | Added +10.4k |
| Impax Asset Management Group plc 0.04% of their portfolio | 150.0k $8.9m | Unchanged |
| Allianz Asset Management GmbH 0.01% of their portfolio | 148.2k $8.8m | Reduced -17.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 143.0k $8.5m | Added +21.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 139.0k $8.2m | Reduced -345.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 138.6k $8.2m | Reduced -3.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio | 137.2k $8.1m | Added +3.4k |
| MANNING & NAPIER ADVISORS LLC 0.09% of their portfolio | 132.1k $7.8m | First filing |
| Phocas Financial Corp. 0.88% of their portfolio | 130.4k $7.7m | Reduced -2.5k |
| EAGLE ASSET MANAGEMENT INC 0.04% of their portfolio | 127.1k $7.6m | Reduced -118.4k |
| Bernzott Capital Advisors 3.37% of their portfolio | 123.6k $7.3m | Reduced -5.6k |
| HOWLAND CAPITAL MANAGEMENT LLC 0.35% of their portfolio | 122.9k $7.3m | Reduced -10.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio | 120.1k $7.1m | Added +10.5k |
| Pacer Advisors, Inc. 0.02% of their portfolio | 116.3k $6.9m | Added +2.1k |
| Ranger Global Real Estate Advisors, LLC 2.73% of their portfolio | 115.6k $6.8m | Reduced -677.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 112.2k $6.6m | Reduced -66.5k |
| ProShare Advisors LLC 0.02% of their portfolio | 108.1k $6.4m | Reduced -20.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 106.7k $6.3m | Added +1.3k |
| Knights of Columbus Asset Advisors LLC 0.41% of their portfolio | 105.8k $6.3m | New |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.17% of their portfolio | 101.3k $6.0m | Added +38.7k |
| Ghisallo Capital Management LLC 0.51% of their portfolio | 100.0k $5.9m | Reduced -100.0k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 98.9k $5.9m | Added +9 |
| State of New Jersey Common Pension Fund D 0.02% of their portfolio | 95.3k $5.6m | Reduced -40.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 93.7k $5.5m | Added +8.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 92.6k $5.5m | Added +5.0k |
| CRAWFORD INVESTMENT COUNSEL INC 0.10% of their portfolio | 87.4k $5.2m | Added +76.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 87.1k $5.2m | Reduced -17.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 86.7k $5.1m | Added +7.5k |
| EASTERLY INVESTMENT PARTNERS LLC 0.42% of their portfolio | 80.9k $4.8m | Reduced -15.6k |
| Moody Aldrich Partners LLC 0.91% of their portfolio | 79.1k $4.7m | Reduced -80.8k |
| Vestcor Inc 0.15% of their portfolio | 75.4k $4.5m | Added +9.4k |
| BARCLAYS PLC 0.00% of their portfolio | 73.6k $4.4m | Reduced -47.1k |
| CITIGROUP INC 0.00% of their portfolio | 69.5k $4.1m | Reduced -17.8k |