Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Brandywine Rlty Tr (BDN)

222 + Investors. Track Smart Money conviction in BDN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -21
Streak
4Q ▼
Buyers last Q
47%

Smart Money Signals — BDN

Based on 224 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their BDN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 81% of 3.0Y peak

81% of all-time peak
224 funds currently hold this stock — 81% of the 3.0-year high of 277 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 19% fewer funds vs a year ago

fund count last 6Q
51 fewer hedge funds hold BDN compared to a year ago (-19% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 47% buying

123 buying139 selling
Last quarter: 139 funds reduced or exited vs 123 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~41 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 23 → 30 → 43 → 41. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 12% medium ■ 16% new
160 out of 224 hedge funds have held BDN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

41 → 23 → 30 → 43 → 41 new funds/Q
New funds entering each quarter: 23 → 30 → 43 → 41. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 76% of holders stayed 2+ years

■ 76% veterans ■ 7% 1-2yr ■ 17% new
Of 229 current holders: 174 (76%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
51 of 224 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in BDN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BDN

In 2026 Q1, 123 hedge funds were net buyers of BDN (41 opened a new position, 82 added to an existing one), while 139 reduced or exited (77 trimmed, 62 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. This extends a 4-quarter selling streak, suggesting sustained institutional caution. 40% of total institutional value in BDN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -21 funds (more exits than new entries). Total institutional holders: 224.

Hedge Fund Ownership: BDN

How many hedge funds hold BDN — quarterly history vs. share price
Quarterly hedge fund ownership of BDN vs. share price

Market Analysis: BDN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BDN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Brandywine Rlty Tr (BDN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BDN has moved relative to its sector benchmark (XLRE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
BDN
+13.3%
XLRE
+7.7%

BDN outperformed XLRE by +5.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
BDN
+2.7%
XLRE
+1.7%

Since the filing became public, BDN outperformed XLRE by +1.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

23 top-rated funds 1 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: BDN
222 + Investors

Track Smart Money conviction in BDN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 222 245 -9.39%
13F Shares 126M 145M -12.71%
Total Value $336M $421M -20.24%
New Positions 40 43 -3
Increased Positions 80 77 +3
Closed Positions 63 46 +17
Reduced Positions 75 97 -22
Total Calls 2 1 100.0%
Total Puts 3 3 -
PUT/CALL Ratio 1.5 3.0 Bearish

Statistics: BDN

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Financial Highlights

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Institutional Holders (2026 Q1)

222 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BDN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BDN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Divco West Real Estate Services, LLC 9.22% 2,445,594 $6.6M
2 LM Asset Management Inc. 5.27% 3,740,000 $10.1M
3 Presima Securities ULC 0.40% 265,994 $721K
4 Arrow Investment Advisors, LLC 0.19% 65,159 $177K
5 Pacific Ridge Capital Partners, LLC 0.15% 247,827 $672K
6 WMG Financial Advisors, LLC 0.11% 101,500 $275K
7 Invested Advisors 0.10% 38,229 $104K
8 Abundance Wealth Counselors 0.08% 196,376 $532K
9 Verus Financial Partners, Inc. 0.07% 260,694 $738K
10 Investment Research Partners LLC 0.07% 60,007 $163K
11 Vert Asset Management LLC 0.06% 66,296 $180K
12 Scientech Research LLC 0.04% 19,304 $52K
13 Inspire Investing, LLC 0.04% 191,648 $519K
14 Nebula Research & Development LLC 0.04% 104,034 $446K
15 Wolverine Asset Management LLC 0.04% 1,364,300 $3.7M
16 Arrowpoint Investment Partners (Singapore) Pte. Ltd. 0.03% 10,700 $29K
17 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% 6,570,146 $17.8M
18 17 Capital Partners, LLC 0.02% 17,050 $46K
19 Hazelview Securities Inc. 0.02% 47,140 $128K
20 Graham Capital Management, L.P. 0.02% 348,331 $944K
21 Sheets Smith Wealth Management 0.02% 66,568 $180K
22 Congress Asset Management Co 0.02% 991,941 $2.7M
23 Gallagher Fiduciary Advisors, LLC 0.01% 121,075 $328K
24 Telos Capital Management, Inc. 0.01% 49,037 $133K
25 XTX Topco Ltd 0.01% 215,596 $584K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Brandywine Rlty Tr (BDN)

What does the Smart Money Trend signal show for BDN?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their BDN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BDN?

More sellers than buyers — 47% buying: Last quarter: 139 funds reduced or exited vs 123 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BDN holders?

Elite ownership — 40% AUM from top-100 funds: 51 of 224 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in BDN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BDN?

71% of holders stayed for 2+ years: 160 out of 224 hedge funds have held BDN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Brandywine Rlty Tr (BDN) following the 2026 Q1 hedge fund 13F filings?

As of today, BDN has moved +2.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.7% for the XLRE sector ETF — an outperformance of +1.0%. Since the quarter end (March 31, 2026), BDN has gained +13.3% vs +7.7% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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