Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Independence Rlty Tr Inc (IRT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
1Q ▲
Buyers last Q
49%

Smart Money Signals — IRT

Based on 381 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 IRT 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 (95% of max)

95% of all-time peak
381 hedge funds hold IRT 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.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
18 fewer hedge funds hold IRT compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 49% buying

175 buying182 selling
Last quarter: 182 funds reduced or exited vs 175 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 — ~50 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 42 → 47 → 54 → 50. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 22% medium ■ 14% new
244 out of 381 hedge funds have held IRT 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 +0%, value -20%

Value
-19%
Shares
+0%
Last quarter: funds added +0% more shares while total portfolio value only changed -20%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

55 → 42 → 47 → 54 → 50 new funds/Q
New funds entering each quarter: 42 → 47 → 54 → 50. A growing number of institutions are discovering IRT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 71% veterans vs 15% newcomers

■ 71% veterans ■ 14% 1-2yr ■ 15% new
Entry-cohort mix of 383 holders: 272 (71%) are 2+ year veterans, 53 entered 1–2 years ago, and 58 (15%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
60 of 381 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 — IRT

In 2026 Q1, 175 hedge funds were net buyers of IRT (50 opened a new position, 125 added to an existing one), while 182 reduced or exited (144 trimmed, 38 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 39% of total institutional value in IRT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 381.

Hedge Fund Ownership: IRT

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

Market Analysis: IRT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IRT

-- --

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

Is It Too Late to Buy Independence Rlty Tr Inc (IRT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IRT 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 · 82d ago
IRT
+6.2%
XLRE
+7.4%

IRT outperformed XLRE by -1.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
IRT
-1.1%
XLRE
+1.5%

Since the filing became public, IRT outperformed XLRE by -2.6% .

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.

32 top-rated funds 1 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: IRT
377 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 377 369 2.17%
13F Shares 227M 226M 0.45%
Total Value $3.19B $3.97B -19.68%
New Positions 49 54 -5
Increased Positions 124 135 -11
Closed Positions 41 58 -17
Reduced Positions 141 135 +6
Total Calls 0 0 -
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: IRT

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)

377 + investors

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

QUARTER:
Top 25 IRT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Argosy-Lionbridge Management, LLC 19.01% 1,819,715 $27.1M
2 Long Pond Capital, LP 8.15% 5,727,238 $85.3M
3 Rush Island Management, LP 3.45% 3,456,162 $51.5M
4 Blue Sky Capital Consultants Group, Inc. 2.09% 294,480 $4.4M
5 B&I Capital AG 1.49% 294,460 $4.4M
6 Slocum, Gordon & Co LLP 0.98% 96,355 $1.4M
7 Sophron Capital Management L.P. 0.93% 211,234 $3.1M
8 RM Financial Services, LLC 0.89% 69,274 $1.0M
9 Lightrock Netherlands B.V. 0.83% 261,434 $3.9M
10 Taylor Frigon Capital Management LLC 0.82% 97,104 $1.4M
11 Phocas Financial Corp. 0.66% 283,010 $4.2M
12 Engineers Gate Manager LP 0.59% 3,153,316 $47.0M
13 Lighthouse Investment Partners, LLC 0.55% 1,055,551 $15.7M
14 Frontier Capital Management Co LLC 0.44% 2,869,720 $42.7M
15 Cramer Rosenthal Mcglynn LLC 0.40% 367,518 $5.5M
16 Grove Bank & Trust 0.40% 236,740 $3.5M
17 Prosperitas Financial LLC 0.32% 57,881 $862K
18 Vanderbilt University 0.30% 105,598 $1.6M
19 Aew Capital Management L P 0.27% 245,740 $3.7M
20 Centersquare Investment Management LLC 0.24% 1,591,264 $23.7M
21 VARCOV Co. 0.22% 39,619 $590K
22 Pointe Capital Management LLC 0.22% 29,565 $440K
23 Cbre Investment Management Listed Real Assets LLC 0.19% 868,848 $12.9M
24 River Road Asset Management, LLC 0.18% 1,079,384 $16.1M
25 Hilton Capital Management, LLC 0.18% 158,061 $2.4M
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 — Independence Rlty Tr Inc (IRT)

What does the Smart Money Trend signal show for IRT?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added IRT 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 IRT?

More sellers than buyers — 49% buying: Last quarter: 182 funds reduced or exited vs 175 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 IRT holders?

Strong quality — 39% AUM from major funds: 60 of 381 holders rank in the top 100 by AUM, accounting for 39% 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 IRT?

64% of holders stayed for 2+ years: 244 out of 381 hedge funds have held IRT 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 Independence Rlty Tr Inc (IRT) following the 2026 Q1 hedge fund 13F filings?

As of today, IRT has moved -1.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the XLRE sector ETF — an outperformance of -2.6%. Since the quarter end (March 31, 2026), IRT has gained +6.2% vs +7.4% 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 →