Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in FBRT held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 13.0M | $105.8M | -0.9% | 15.657% | 0.00% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 3.4M | $27.9M | -3.7% | 4.129% | 0.00% |
| 3 | STATE STREET CORP | 3.2M | $27.0M | +1.0% | 3.903% | 0.00% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 2.1M | $16.9M | +1.4% | 2.493% | 0.00% |
| 5 | Invesco Ltd. | 1.9M | $15.1M | +6.4% | 2.228% | 0.00% |
| 6 | GRATIA CAPITAL, LLC | 1.8M | $14.4M | -22.4% | 2.131% | 8.71% |
| 7 | FRANKLIN RESOURCES INC | 1.5M | $12.2M | -0.0% | 1.806% | 0.00% |
| 8 | UBS Group AG | 1.3M | $11.0M | -20.9% | 1.622% | 0.00% |
| 9 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.3M | $10.4M | -54.0% | 1.541% | 0.00% |
| 10 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.1M | $9.0M | -8.8% | 1.337% | 0.00% |
| 11 | MORGAN STANLEY | 1.0M | $8.4M | +19.9% | 1.245% | 0.00% |
| 12 | Nuveen, LLC | 826K | $6.7M | +397.1% | 0.995% | 0.00% |
| 13 | NORTHERN TRUST CORP | 809K | $6.6M | -2.6% | 0.974% | 0.00% |
| 14 | Waterfall Asset Management, LLC | 758K | $6.2M | — | 0.913% | 3.78% |
| 15 | VAN ECK ASSOCIATES CORP | 706K | $5.7M | -14.1% | 0.850% | 0.00% |
| 16 | Bank of New York Mellon Corp | 625K | $5.1M | -1.5% | 0.753% | 0.00% |
| 17 | CITADEL ADVISORS LLC | 613K | $5.0M | 0.0% | 0.739% | 0.00% |
| 18 | GABELLI FUNDS LLC | 576K | $4.7M | +3.5% | 0.694% | 0.03% |
| 19 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 546K | $4.4M | +685.7% | 0.658% | 0.00% |
| 20 | VANGUARD FIDUCIARY TRUST CO | 512K | $4.2M | -3.9% | 0.617% | 0.00% |
| 21 | GOLDMAN SACHS GROUP INC | 506K | $4.1M | +90.3% | 0.609% | 0.00% |
| 22 | Mariner, LLC | 466K | $3.8M | -3.1% | 0.561% | 0.00% |
| 23 | Qube Research & Technologies Ltd | 445K | $3.6M | — | 0.536% | 0.00% |
| 24 | Caption Management, LLC | 400K | $3.3M | -73.3% | 0.482% | 0.02% |
| 25 | PRINCIPAL FINANCIAL GROUP INC | 372K | $3.0M | -6.2% | 0.448% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in FBRT — a direct measure of their conviction.
Filings activity in FBRT during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new FBRT position in Q2 2026
Institutions that fully closed their FBRT position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 244 | +15% | 58.65% | +0.85 pp | $390M | 8.8% |
| Q1 2026 | 213 | +2.4% | 57.80% | +3.69 pp | $428M | 9.3% |
| Q4 2025 | 208 | 2.3% | 54.11% | +0.20 pp | $472M | 9.5% |
| Q3 2025 | 213 | +2.4% | 53.91% | 2.04 pp | $521M | 1.8% |
| Q2 2025 | 208 | 0.5% | 55.95% | +0.73 pp | $531M | 15% |
| Q1 2025 | 209 | +8.3% | 55.22% | +0.07 pp | $624M | +1.3% |
| Q4 2024 | 193 | +4.3% | 55.15% | +0.90 pp | $615M | 2.1% |
| Q3 2024 | 185 | — | 54.25% | — | $629M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FBRT stock.
Based on Q2 2026 13F filings, institutional ownership of Franklin BSP Realty Trust, Inc. stands at 58.7%, held across 244 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of FBRT, with approximately 13,002,861 shares worth $0.11B as of Q2 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of FBRT, including CITADEL ADVISORS LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for FBRT is 70 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
57 institutions opened new positions in FBRT during Q2 2026, while 27 fully exited. 50 added to existing positions and 130 trimmed.
FBRT institutional ownership rose by 0.85 percentage points quarter-over-quarter, with a net change of +31 holders.
The top 10 institutions account for 64.0% of all reported 13F value in FBRT, and the top 25 account for 83.2%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Franklin BSP Realty Trust, Inc. (FBRT) Institutional Ownership