Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Franklin Bsp Rlty Tr Inc (FBRT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — FBRT

Based on 211 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added FBRT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
211 hedge funds hold FBRT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding FBRT is almost the same as a year ago (+1 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

106 buying108 selling
Last quarter: 106 funds bought or added vs 108 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new FBRT position: 34 → 37 → 32 → 43. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 23% medium ■ 22% new
116 out of 211 hedge funds have held FBRT 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.
💎

Buying through price weakness — shares +7%, value -12%

Value
-12%
Shares
+7%
Last quarter: funds added +7% more shares while total portfolio value only changed -12%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~43 new funds/quarter

34 → 34 → 37 → 32 → 43 new funds/Q
New funds entering each quarter: 34 → 37 → 32 → 43. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 62% veterans vs 27% newcomers

■ 62% veterans ■ 12% 1-2yr ■ 27% new
Entry-cohort mix of 213 holders: 131 (62%) are 2+ year veterans, 25 entered 1–2 years ago, and 57 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
42 of 210 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — FBRT

In 2026 Q1, 106 hedge funds were net buyers of FBRT (43 opened a new position, 63 added to an existing one), while 108 reduced or exited (71 trimmed, 37 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 33% of total institutional value in FBRT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 211.

Hedge Fund Ownership: FBRT

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

Market Analysis: FBRT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FBRT

-- --

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

Is It Too Late to Buy Franklin Bsp Rlty Tr Inc (FBRT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FBRT 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
FBRT
-3.4%
XLRE
+7.7%

FBRT outperformed XLRE by -11.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
FBRT
-9.3%
XLRE
+1.7%

Since the filing became public, FBRT outperformed XLRE by -11.0% .

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.

21 top-rated funds 0 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: FBRT
209 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 209 205 1.95%
13F Shares 52M 49M 6.97%
Total Value $428M $487M -12.08%
New Positions 42 32 +10
Increased Positions 63 71 -8
Closed Positions 38 40 -2
Reduced Positions 68 73 -5
Total Calls 3 1 200.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FBRT

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

209 + investors

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

QUARTER:
Top 25 FBRT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gratia Capital, LLC 8.52% 2,278,700 $19.3M
2 Orchard Capital Management, LLC 1.43% 161,719 $1.4M
3 VARCOV Co. 0.43% 136,861 $1.2M
4 Miller Global Investments, LLC 0.31% 39,420 $335K
5 Condor Capital Management 0.24% 338,294 $2.9M
6 Almitas Capital LLC 0.19% 99,054 $841K
7 Denali Advisors LLC 0.17% 180,800 $1.5M
8 Financial Management Network Inc 0.14% 108,484 $937K
9 Strong Tower Advisory Services 0.14% 86,749 $736K
10 Rps Advisory Solutions LLC 0.10% 21,606 $183K
11 EntryPoint Capital, LLC 0.09% 35,150 $298K
12 Abel Hall, LLC 0.07% 41,326 $351K
13 Caption Management, LLC 0.07% 1,500,000 $12.7M
14 Concorde Asset Management, LLC 0.07% 15,300 $133K
15 Ipsen Advisor Group LLC 0.06% 10,340 $88K
16 XTX Topco Ltd 0.04% 264,209 $2.2M
17 Disciplined Investments, LLC 0.04% 12,000 $102K
18 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% 3,091,748 $26.2M
19 Independent Financial Group, LLC 0.03% 131,576 $1.1M
20 Raleigh Capital Management Inc. 0.03% 11,345 $96K
21 NFSG Corp 0.03% 23,437 $199K
22 Gabelli Funds LLC 0.03% 556,252 $4.7M
23 Advisor OS, LLC 0.03% 48,934 $415K
24 Safeguard Investment Advisory Group, LLC 0.03% 12,665 $108K
25 Diversify Advisory Services, LLC 0.03% 21,035 $189K
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 — Franklin Bsp Rlty Tr Inc (FBRT)

What does the Smart Money Trend signal show for FBRT?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added FBRT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FBRT?

Slight buying edge — 50% buying: Last quarter: 106 funds bought or added vs 108 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FBRT holders?

Strong quality — 33% AUM from major funds: 42 of 210 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FBRT?

55% of holders stayed for 2+ years: 116 out of 211 hedge funds have held FBRT 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 Franklin Bsp Rlty Tr Inc (FBRT) following the 2026 Q1 hedge fund 13F filings?

As of today, FBRT has moved -9.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.7% for the XLRE sector ETF — an outperformance of -11.0%. Since the quarter end (March 31, 2026), FBRT has gained -3.4% 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.

Full history →