Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

TERRENO RLTY CORP (TRNO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +28
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — TRNO

Based on 343 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TRNO 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 (100% of max)

100% of all-time peak
343 hedge funds hold TRNO 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.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+28 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

192 buying154 selling
Last quarter: 192 funds bought or added vs 154 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 (+23 vs last Q)

new funds entering per quarter
Funds opening a new TRNO position: 50 → 43 → 40 → 63. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 22% medium ■ 18% new
208 out of 343 hedge funds have held TRNO 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.
📈

Growing discovery — still being found

57 → 50 → 43 → 40 → 63 new funds/Q
New funds entering each quarter: 50 → 43 → 40 → 63. A growing number of institutions are discovering TRNO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 12% 1-2yr ■ 22% new
Of 343 current holders: 229 (67%) 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 — 58% AUM from top-100 funds

58% from top-100 AUM funds
43 of 343 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in TRNO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
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.

Hedge Fund Ownership: TRNO

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

Market Analysis: TRNO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TRNO

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

52 top-rated funds 0 high-conviction
Consensus
7.5
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: TRNO
2026 Q1 Stats Unlock in 21 days 343 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 343 315 8.89%
13F Shares 106M 107M -0.52%
Total Value $5.99B $5.80B 3.13%
New Positions 63 40 +23
Increased Positions 129 119 +10
Closed Positions 35 41 -6
Reduced Positions 119 122 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TRNO

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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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) --
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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

343 + investors

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

Top 25 institutional holders of TRNO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 DELPHI MANAGEMENT INC /MA/ 1.39% 18,968 $1K
2 DAVIDSON INVESTMENT ADVISORS 0.87% 277,574 $17.5M
3 MOODY ALDRICH PARTNERS LLC 0.84% 75,864 $4.7M
4 Castellan Group 0.62% 72,689 $4.5M
5 SAGE RHINO CAPITAL LLC 0.45% 39,496 $2.4M
6 HOWLAND CAPITAL MANAGEMENT LLC 0.41% 167,592 $10.4M
7 MAYPORT, LLC 0.32% 28,394 $1.7M
8 SPIRIT OF AMERICA MANAGEMENT CORP/NY 0.31% 25,875 $1.6M
9 CONGRESS ASSET MANAGEMENT CO 0.27% 615,766 $37.8M
10 Legacy Wealth Asset Management, LLC 0.21% 14,011 $861K
11 Boston Trust Walden Corp 0.20% 391,725 $24.1M
12 PEREGRINE CAPITAL MANAGEMENT LLC 0.18% 80,369 $4.9M
13 Vanderbilt University 0.18% 15,455 $949K
14 CWC Advisors, LLC. 0.11% 3,679 $226K
15 Abel Hall, LLC 0.09% 6,995 $430K
16 JAMES INVESTMENT RESEARCH, INC. 0.07% 9,801 $602K
17 State of Alaska, Department of Revenue 0.07% 101,720 $6K
18 STRS OHIO 0.07% 273,800 $16.8M
19 HARBOR CAPITAL ADVISORS, INC. 0.06% 13,053 —
20 MOODY NATIONAL BANK TRUST DIVISION 0.06% 10,168 $625K
21 E. Ohman J:or Asset Management AB 0.06% 34,183 $2.1M
22 Louisiana State Employees Retirement System 0.05% 46,200 $3K
23 Wiser Advisor Group LLC 0.03% 454 $28K
24 Mechanics Bank Trust Department 0.03% 3,710 $228K
25 STEPHENS INC /AR/ 0.03% 40,869 $2.5M
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 — TERRENO RLTY CORP (TRNO)

What does the Smart Money Trend signal show for TRNO?

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

Slight buying edge — 55% buying: Last quarter: 192 funds bought or added vs 154 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 TRNO holders?

Elite ownership — 58% AUM from top-100 funds: 43 of 343 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in TRNO. 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 TRNO?

61% of holders stayed for 2+ years: 208 out of 343 hedge funds have held TRNO 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.

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.