Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

BRANDYWINE RLTY TR (BDN)

235 + 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
↓ -3
Streak
3Q ▼
Buyers last Q
46%

Smart Money Signals — BDN

Based on 231 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 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 — 87% of 3.0Y peak

87% of all-time peak
231 funds currently hold this stock — 87% of the 3.0-year high of 265 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
17 fewer hedge funds hold BDN compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

114 buying135 selling
Last quarter: 135 funds reduced or exited vs 114 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.
📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter
Funds opening a new BDN position: 40 → 23 → 28 → 41. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

77% of holders stayed for 2+ years

■ 77% conviction (2yr+) ■ 14% medium ■ 8% new
179 out of 231 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.
💎

Buying through price weakness — shares +2%, value -29%

Value
-28%
Shares
+1%
Last quarter: funds added +2% more shares while total portfolio value only changed -29%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~41 new funds/quarter

24 → 40 → 23 → 28 → 41 new funds/Q
New funds entering each quarter: 40 → 23 → 28 → 41. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 82% of holders stayed 2+ years

■ 82% veterans ■ 9% 1-2yr ■ 9% new
Of 235 current holders: 192 (82%) 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 — 47% AUM from top-100 funds

47% from top-100 AUM funds
34 of 231 holders are among the 100 largest funds by AUM, controlling 47% 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.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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: 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.

Smart Money Signal ?
Broad Consensus, Selective Conviction

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

48 top-rated funds 2 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: BDN
2026 Q1 Stats Unlock in 10 days 235 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 235 239 -1.67%
13F Shares 144M 142M 1.71%
Total Value $420M $590M -28.84%
New Positions 41 28 +13
Increased Positions 83 101 -18
Closed Positions 45 38 +7
Reduced Positions 94 91 +3
Total Calls 1 2 -50.0%
Total Puts 3 3 -
PUT/CALL Ratio 3.0 1.5 Bearish

Statistics: BDN

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Valuation Measures Data as of: --

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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
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Institutional Holders (2026 Q1)

235 + investors

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

Top 25 institutional holders of BDN — 2025 Q4 · 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 Pensionfund PDN 0.21% 131,400 —
3 Arrow Investment Advisors, LLC 0.19% 65,159 $177K
4 Pensionfund Sabic 0.15% 46,500 —
5 WMG Financial Advisors, LLC 0.11% 101,500 $275K
6 INVESTED ADVISORS 0.10% 38,229 $104K
7 Abundance Wealth Counselors 0.08% 196,376 $532K
8 Verus Financial Partners, Inc. 0.07% 260,694 $738K
9 Investment Research Partners LLC 0.07% 60,007 $163K
10 Vert Asset Management LLC 0.06% 66,296 $180K
11 Inspire Investing, LLC 0.04% 191,648 $519K
12 WOLVERINE ASSET MANAGEMENT LLC 0.04% 1,364,300 $3.7M
13 SHEETS SMITH WEALTH MANAGEMENT 0.02% 66,568 $180K
14 CONGRESS ASSET MANAGEMENT CO 0.02% 991,941 $2.7M
15 Telos Capital Management, Inc. 0.01% 49,037 $133K
16 Sterling Capital Management LLC 0.01% 150,501 $408K
17 Atria Investments, Inc 0.00% 120,633 $327K
18 Metis Global Partners, LLC 0.00% 45,522 $123K
19 Y-Intercept (Hong Kong) Ltd 0.00% 53,716 $146K
20 State of Alaska, Department of Revenue 0.00% 94,400 —
21 Pallas Capital Advisors LLC 0.00% 21,775 $59K
22 Asset Management One Co., Ltd. 0.00% 232,377 $630K
23 Ethic Inc. 0.00% 40,356 $109K
24 Krilogy Financial LLC 0.00% 14,411 $41K
25 WPG Advisers, LLC 0.00% 651 $2K
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 — 3 quarters in a row: For 3 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 — 46% buying: Last quarter: 135 funds reduced or exited vs 114 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 — 47% AUM from top-100 funds: 34 of 231 holders are among the 100 largest funds by AUM, controlling 47% 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?

77% of holders stayed for 2+ years: 179 out of 231 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.

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.