BDN
Brandywine Realty Trust · Real Estate · REIT - Office
Momentum inputs (comparable managers):
holder breadth -18.8% ·
share flow -3.6% ·
net new positions -20.0%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 91 | -3 | 100.91M | $319.83M | +2 | −7 |
| Q1 2026 | 99 | +2 | 98.87M | $267.57M | +9 | −7 |
| Q4 2025 | 97 | +2 | 123.52M | $360.72M | +2 | — |
| Q3 2025 | 13 | -3 | 84.67M | $353.09M | — | −3 |
| Q2 2025 | 13 | 0 | 80.46M | $345.17M | +1 | −1 |
| Q1 2025 | 10 | 0 | 20.54M | $91.59M | +1 | −1 |
| Q4 2024 | 10 | -2 | 23.48M | $131.50M | — | −2 |
| Q3 2024 | 11 | -1 | 13.50M | $73.36M | — | −1 |
| Q2 2024 | 12 | — | 13.61M | $60.96M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 31.24M | -0.2% | $130.27M | 0.0% | ▼ Trim | 2 | SEC ↗ ×15 |
| 2 | The Vanguard Group ✦ (passive) | 25.93M | -2.0% | $108.14M | 0.0% | ▼ Trim | 2 | SEC ↗ ×5 |
| 3 | State Street Global Advisors ✦ (passive) | 10.19M | -0.2% | $42.50M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 4 | Geode Capital Management ✦ (passive) | 4.54M | 0.0% | $18.95M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 5 | Morgan Stanley ✦ | 3.21M | — | $13.37M | 0.0% | n/c | 1 | SEC ↗ ×8 |
| 6 | JPMorgan Chase ✦ | 3.05M | — | $12.72M | 0.0% | n/c | 1 | SEC ↗ ×14 |
| 7 | Millennium Management ✦ | 2.08M | +72.4% | $8.68M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 8 | Citadel Advisors ✦ | 1.25M | -46.1% | $5.21M | 0.0% | ▼ Trim | 6 | SEC ↗ ×2 |
| 9 | Goldman Sachs Group ✦ | 1.08M | — | $4.49M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 10 | Two Sigma Investments ✦ | 812.25K | -22.8% | $3.39M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 11 | AQR Capital Management ✦ | 747.92K | +3.6% | $3.12M | 0.0% | ▲ Add | 6 | SEC ↗ ×5 |
| 12 | Fidelity (FMR) ✦ | 335.72K | +71.5% | $1.40M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 13 | T. Rowe Price ✦ | 207.54K | +19.4% | $866,000 | 0.0% | ▲ Add | 6 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Point72 Asset Management | $4.68M | was 0.0% |
| Arrowstreet Capital | $3.56M | was 0.0% |
| Marshall Wace | $1.62M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 227 holders, 124.00M shares, $324.98M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
Officer, Director · President and CEO · 33.90K sh @ 2.96 · $100,344
Open-market sales (S)
No open-market insider sales in our coverage window.
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology