FR β€” FIRST INDUSTRIAL REALTY TRUS

Ownership history in TWO SIGMA SECURITIES, LLC  Β·  4 quarters on record

This page tracks every 13F SEC filing in which TWO SIGMA SECURITIES, LLC reported a position in FIRST INDUSTRIAL REALTY TRUS (FR). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.1% (2025 Q1)
πŸ“Š Avg. % of fund
0.04%
πŸ“… First filed
2018 Q3
πŸ“… Last filed
2025 Q3
⏱ Quarters held
4

Position Intelligence

TWO SIGMA SECURITIES, LLC Γ— FR AI Analytics

πŸ“‰ TWO SIGMA SECURITIES, LLC underperformed the S&P 500 by –42.0% annually on this FR position. Average cost basis: $52.60. Maximum drawdown during holding period: –10.0%.

πŸ“ˆ Position Alpha vs SPY
-42.0%
annualised excess return

❌ Significantly underperformed the S&P 500 by 42.0% ann.
2 quarters analyzed

πŸ’° Entry Quality
$52.60
-2.9% vs current ($51.08)

Best entry: $52.60 (2025 Q1)  Β·  Worst: $52.60 (2025 Q1)

πŸ›‘οΈ Drawdown Resilience
–10.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
50%
buy-side decisions

2 adds Β· 2 trims. Bought during 0 of 1 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.03% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FR price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 4 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 4,478 -1,517 -25.3% 0.03% $230K $51.08
2025 Q2 REDUCED 5,995 -6,035 -50.2% 0.04% $289K $47.35
2025 Q1 ADDED 12,030 +2,601 +27.6% 0.10% $649K $52.60
2018 Q3 INITIATED 9,429 β€” β€” 0.00% $296K β€”

🏒 Other funds also holding FR

As of 2025 Q4 β€” sorted by position size

Starwood Capital Group Management, L.L.C. 3Y 7Y 16.57% Argosy-Lionbridge Management, LLC 14.65% Land & Buildings Investment Management, LLC 3Y 7Y 8.69% RUSH ISLAND MANAGEMENT, LP 3Y 7Y 7.44% Vision Capital Corp 3Y 7Y 7.16% Presima Securities ULC 3Y 7Y 6.01% Concorde Financial Corp 3Y 3.48% Waterfront Capital Partners, LLC 3Y 7Y 2.26% GSI Capital Advisors LLC 3Y 7Y 2.08% CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 3Y 7Y 1.97%
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