Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FR held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 16.7M | $966.5M | -0.1% | 12.603% | 0.02% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 12.6M | $729.9M | β | 9.518% | 0.04% |
| 3 | STATE STREET CORP | 6.4M | $371.3M | -1.3% | 4.800% | 0.01% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 5.9M | $343.0M | β | 4.473% | 0.01% |
| 5 | CENTERSQUARE INVESTMENT MANAGEMENT LLC | 4.3M | $249.2M | +62.6% | 3.249% | 2.58% |
| 6 | Invesco Ltd. | 3.4M | $199.2M | -16.4% | 2.598% | 0.03% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 2.8M | $161.3M | +6.0% | 2.103% | 0.01% |
| 8 | PRUDENTIAL FINANCIAL INC | 2.8M | $161.3M | +30.8% | 2.103% | 0.20% |
| 9 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.6M | $148.4M | +3.4% | 1.935% | 0.02% |
| 10 | CBRE CLARION SECURITIES LLC | 2.2M | $128.9M | -5.0% | 1.681% | 1.91% |
| 11 | DUFF & PHELPS INVESTMENT MANAGEMENT CO | 2.2M | $127.0M | +0.5% | 1.656% | 1.32% |
| 12 | MORGAN STANLEY | 2.1M | $121.7M | -3.7% | 1.587% | 0.01% |
| 13 | DIMENSIONAL FUND ADVISORS LP | 2.0M | $117.2M | +2.0% | 1.528% | 0.02% |
| 14 | Alyeska Investment Group, L.P. | 2.0M | $117.1M | +12.0% | 1.526% | 0.33% |
| 15 | Nuveen, LLC | 1.9M | $109.2M | +130.1% | 1.424% | 0.03% |
| 16 | DEUTSCHE BANK AG\ | 1.9M | $108.3M | -7.0% | 1.412% | 0.04% |
| 17 | AQR CAPITAL MANAGEMENT LLC | 1.9M | $106.8M | +18.2% | 1.407% | 0.05% |
| 18 | NORTHWOOD LIQUID MANAGEMENT LP | 1.8M | $101.5M | -15.6% | 1.323% | 6.81% |
| 19 | AMERIPRISE FINANCIAL INC | 1.6M | $91.2M | -0.8% | 1.195% | 0.02% |
| 20 | NORTHERN TRUST CORP | 1.3M | $75.9M | +2.2% | 0.990% | 0.01% |
| 21 | MILLENNIUM MANAGEMENT LLC | 1.3M | $72.5M | +2.5% | 0.946% | 0.05% |
| 22 | Quantinno Capital Management LP | 1.2M | $70.4M | +27.1% | 0.919% | 0.12% |
| 23 | Artemis Investment Management LLP | 1.2M | $68.6M | +2.7% | 0.895% | 0.73% |
| 24 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 1.1M | $63.4M | -29.8% | 0.826% | 0.11% |
| 25 | Bank of New York Mellon Corp | 1.1M | $61.7M | -1.0% | 0.804% | 0.01% |
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 FR β a direct measure of their conviction.
Filings activity in FR during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new FR position in Q1 2026
Institutions that fully closed their FR 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 | 452 | +2.3% | 82.01% | 15.80 pp | $6.91B | 16% |
| Q4 2025 | 442 | +9.1% | 97.81% | +23.90 pp | $8.24B | +32% |
| Q3 2025 | 405 | 3.8% | 73.91% | +2.77 pp | $6.23B | +3.9% |
| Q2 2025 | 421 | 1.4% | 71.14% | 3.52 pp | $6.00B | 4.7% |
| Q1 2025 | 427 | +5.2% | 74.66% | +3.59 pp | $6.29B | +5.1% |
| Q4 2024 | 406 | +4.9% | 71.07% | 6.04 pp | $5.99B | 7.8% |
| Q3 2024 | 387 | +3.8% | 77.11% | +9.18 pp | $6.50B | +14% |
| Q2 2024 | 373 | β | 67.93% | β | $5.72B | 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 FR stock.
Based on Q1 2026 13F filings, institutional ownership of First Industrial Realty Trust, Inc. stands at 82.0%, held across 452 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of FR, with approximately 16,707,768 shares worth $0.97B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of FR, including MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for FR is 40 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
58 institutions opened new positions in FR during Q1 2026, while 48 fully exited. 277 added to existing positions and 117 trimmed.
FR institutional ownership fell by 15.80 percentage points quarter-over-quarter, with a net change of +10 holders.
The top 10 institutions account for 50.0% of all reported 13F value in FR, and the top 25 account for 70.5%.
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.