Ranked by reported Q1 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. | 13.1M | $111.4M | +0.2% | 17.050% | 0.00% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 3.6M | $30.2M | β | 4.626% | 0.00% |
| 3 | STATE STREET CORP | 3.2M | $27.9M | -2.0% | 4.170% | 0.00% |
| 4 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 3.1M | $26.2M | +175.6% | 4.017% | 0.04% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.8M | $23.6M | β | 3.616% | 0.00% |
| 6 | GRATIA CAPITAL, LLC | 2.3M | $19.3M | +164.1% | 2.961% | 11.90% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 2.0M | $17.3M | +2.1% | 2.653% | 0.00% |
| 8 | Invesco Ltd. | 1.7M | $14.8M | -4.9% | 2.260% | 0.00% |
| 9 | UBS Group AG | 1.7M | $14.5M | +94.8% | 2.214% | 0.00% |
| 10 | FRANKLIN RESOURCES INC | 1.5M | $12.7M | +0.0% | 1.949% | 0.00% |
| 11 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.2M | $10.3M | -3.1% | 1.582% | 0.00% |
| 12 | MORGAN STANLEY | 862K | $7.3M | +43.3% | 1.120% | 0.00% |
| 13 | NORTHERN TRUST CORP | 830K | $7.0M | +3.8% | 1.079% | 0.00% |
| 14 | Bank of New York Mellon Corp | 634K | $5.4M | +4.6% | 0.824% | 0.00% |
| 15 | CITADEL ADVISORS LLC | 613K | $5.2M | +109.8% | 0.797% | 0.00% |
| 16 | GABELLI FUNDS LLC | 556K | $4.7M | +12.9% | 0.723% | 0.03% |
| 17 | VANGUARD FIDUCIARY TRUST CO | 533K | $4.5M | β | 0.693% | 0.00% |
| 18 | Mariner, LLC | 481K | $4.1M | -4.3% | 0.625% | 0.00% |
| 19 | INDEPENDENT FINANCIAL GROUP, LLC | 291K | $3.7M | β | 0.378% | 0.02% |
| 20 | PRINCIPAL FINANCIAL GROUP INC | 396K | $3.4M | +1.9% | 0.515% | 0.00% |
| 21 | PRUDENTIAL FINANCIAL INC | 362K | $3.1M | -26.6% | 0.470% | 0.00% |
| 22 | CONDOR CAPITAL MANAGEMENT | 338K | $2.9M | -1.9% | 0.440% | 0.24% |
| 23 | PUBLIC SECTOR PENSION INVESTMENT BOARD | 292K | $2.5M | +3.3% | 0.379% | 0.01% |
| 24 | GOLDMAN SACHS GROUP INC | 266K | $2.3M | +1.3% | 0.345% | 0.00% |
| 25 | XTX Topco Ltd | 264K | $2.2M | +108.0% | 0.343% | 0.04% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in FBRT β a direct measure of their conviction.
Filings activity in FBRT during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new FBRT position in Q1 2026
Institutions that fully closed their FBRT position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 209 | +0.5% | 64.97% | 8.48 pp | $418M | 12% |
| Q4 2025 | 208 | 1.4% | 73.45% | 6.95 pp | $472M | 8.6% |
| Q3 2025 | 211 | +1.4% | 80.40% | 2.21 pp | $517M | 2.7% |
| Q2 2025 | 208 | 0.5% | 82.61% | 14.44 pp | $531M | 15% |
| Q1 2025 | 209 | +8.3% | 97.05% | +1.29 pp | $624M | +1.3% |
| Q4 2024 | 193 | +4.3% | 95.76% | 2.06 pp | $615M | 2.1% |
| Q3 2024 | 185 | +0.5% | 97.82% | +3.96 pp | $629M | +4.2% |
| Q2 2024 | 184 | β | 93.86% | β | $603M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FBRT stock.
Based on Q1 2026 13F filings, institutional ownership of Franklin BSP Realty Trust, Inc. stands at 65.0%, held across 209 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of FBRT, with approximately 13,121,860 shares worth $0.11B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of FBRT, including CITADEL ADVISORS LLC.
Our composite Smart Money Score for FBRT is 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
43 institutions opened new positions in FBRT during Q1 2026, while 42 fully exited. 37 added to existing positions and 127 trimmed.
FBRT institutional ownership fell by 8.48 percentage points quarter-over-quarter, with a net change of +1 holders.
The top 10 institutions account for 71.4% of all reported 13F value in FBRT, and the top 25 account for 87.8%.
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