First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc. (FR) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · FR · as of Sep 30, 2025
Ownership Breakdown
419
Institutional Holders
▼ 9 vs Q2
$6.59B
Total Inst. Value
▲ $256.60M vs Q2
132.57M
Shares Outstanding
freeFloat 99.33%
128.07M
13F Shares Held
▼ 3.33M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
FR largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
VANGUARD GROUP INC real estate investment trusts | 19.46M | 14.69% | 14.69% | $1.00T | Nov 7, 2025 | ▼ 94.9K |
BLACKROCK, INC. real estate investment trusts | 16.68M | 12.59% | 12.59% | $858.52B | Nov 12, 2025 | ▼ 45.5K |
STATE STREET CORP real estate investment trusts | 6.58M | 4.97% | 4.97% | $341.75B | Nov 14, 2025 | ▼ 51.9K |
INVESCO LTD. real estate investment trusts | 4.34M | 3.28% | 3.28% | $223.57B | Nov 13, 2025 | ▲ 323.2K |
PRUDENTIAL FINANCIAL INC real estate investment trusts | 2.64M | 1.99% | 1.99% | $135.69B | Nov 13, 2025 | ▲ 19.0K |
GEODE CAPITAL MANAGEMENT, LLC real estate investment trusts | 2.59M | 1.95% | 1.95% | $133.27B | Nov 12, 2025 | ▲ 56.4K |
MORGAN STANLEY real estate investment trusts | 2.58M | 1.95% | 1.95% | $132.83B | May 27, 2026 | ▼ 196.4K |
CITADEL ADVISORS LLC real estate investment trusts | 2.50M | 1.89% | 1.89% | $128.58B | Nov 14, 2025 | ▲ 1.05M |
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC real estate investment trusts | 2.44M | 1.84% | 1.84% | $125.48B | Nov 13, 2025 | ▲ 95.2K |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC real estate investment trusts | 2.41M | 1.82% | 1.82% | $123.96B | Nov 10, 2025 | ▲ 41.8K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
24
Increased
+6.01M shares2
New Positions
first time holders23
Decreased
−2.33M shares0
Sold Out
fully exitedNet shares change (top 50)
+3.68M
+6.01M / −2.33M
Net new holders
+3
2 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
FR insider trading · insider activity
Source: SEC Form 4
6
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Schmitz Frank E. director | Jun 1, 2026 | Award | 2,293 | — | — | 2.3K | Form 4 ↗ |
BAZEMORE TERESA BRYCE director | Apr 30, 2026 | Award | 2,419 | — | — | 14.5K | Form 4 ↗ |
HACKETT H PATRICK JR director | Apr 30, 2026 | Award | 2,419 | — | — | 16.6K | Form 4 ↗ |
DOMINSKI MATTHEW director | Apr 30, 2026 | Award | 2,419 | — | — | 39.4K | Form 4 ↗ |
Smith Marcus L. director | Apr 30, 2026 | Award | 2,419 | — | — | 9.9K | Form 4 ↗ |
Olsen Denise director | Apr 30, 2026 | Award | 2,419 | — | — | 16.6K | Form 4 ↗ |
Schultz Peter EVP - East Region | Feb 19, 2026 | Gift | 100 | — | — | 95.4K | Form 4 ↗ |
Schultz Peter EVP - East Region | Feb 19, 2026 | Gift | 100 | — | — | 95.3K | Form 4 ↗ |
MUSIL SCOTT A Chief Financial Officer | Jan 1, 2026 | Award | 6,834 | — | — | 92.6K | Form 4 ↗ |
MUSIL SCOTT A Chief Financial Officer | Jan 1, 2026 | Award | 23,570 | — | — | 85.8K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
First Industrial Realty Trust, Inc. (FR) is primarily owned by institutional investors, who hold approximately 96.6% of total shares outstanding. Company insiders own approximately 0.67%, while retail and public investors account for the remaining 2.72%.
The largest institutional shareholder of First Industrial Realty Trust, Inc. is VANGUARD GROUP INC, holding approximately 19.46 million shares — equal to 14.69% of outstanding shares — as of September 30, 2025.
A total of 419 institutional investors currently hold FR stock, with a combined institutional value of approximately $6.59 billion as of the most recent 13F filing period.
Frequently asked questions
FR ownershipFirst Industrial Realty Trust, Inc. (FR) is primarily owned by institutional investors, who hold approximately 96.6% of shares. The largest shareholder is VANGUARD GROUP INC with a 14.69% stake. Company insiders hold 0.67%. Data sourced from SEC Form 13F as of September 30, 2025.