What smart money is saying about First Industrial Realty Trust, Inc.
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No fund has written a full thesis on First Industrial Realty Trust, Inc. in our archive, but 6 fund letters report a position in it, most recently Baron Real Estate Income Fund in September 2026.
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6
Reported positions
1
Bought
0
Sold
6
Letters
Position history
Between Q3 2025 and Q3 2026, 6 fund letters reported a position in First Industrial Realty Trust, Inc., with 1 buy (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 1 | 0 | 0 |
| Q2 2026 | 1 | 0 | 0 | 0 |
| Q1 2026 | 1 | 0 | 0 | 0 |
| Q4 2025 | 1 | 0 | 0 | 0 |
| Q3 2025 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 6 positions · 1 move
- New positionBaron Real Estate Income FundSeptember 2026
“Industrial REITs (17.0%) • We remain constructive on the Fund’s industrial REIT holdings, Prologis, Inc., EastGroup Properties, Inc., and our most recent addition, First Industrial Realty Trust, Inc.”
First Industrial Realty Trust, Inc. - September 2026
“An additional 29.5% of the Fund’s capital was invested in North American-based companies involved with Commercial Real Estate, including: Real Estate Services (CBRE Group, JLL, and FirstService); Asset Management (Brookfield Corp.); Industrial and Logistics (Prologis, First Industrial, and WESCO); and Self-Storage (U-Haul Holdings).”
First Industrial Realty Trust, Inc. - June 2026
“An additional 29.6% of the Fund’s capital is invested in North American-based companies involved with Commercial Real Estate, including: Real Estate Services (CBRE Group, JLL, and FirstService); Asset Management (Brookfield Corp.); Industrial and Logistics (Prologis, First Industrial, and Wesco); and Self- Storage (U-Haul Holdings).”
First Industrial Realty Trust, Inc. - March 2026
“The primary contributors to performance during the period included the Fund’s industrial real estate and logistics holdings (Prologis, WESCO International, and First Industrial) and certain Asian-based investments (CK Asset Holdings and Jardine Matheson Holdings).”
First Industrial Realty Trust, Inc. - December 2025
“The primary contributors to the Fund’s performance this quarter included investments in National Storage REIT (a leading owner of self-storage facilities in Australia that agreed to be taken private) and several real estate investment trusts (“REITs”) involved with industrial and logistics real estate (Prologis, First Industrial, and Segro plc).”
First Industrial Realty Trust, Inc. - HoldsSilver BeechSeptember 2025
“Fund Holdings: Name Ticker Sector Description Energy Transfer ET Energy (Midstream) Leading owner of U.S. energy infrastructure assets that treat, transport, store, and export hydrocarbons. Fairfax Financial FFH Insurance (P&C) Holding company primarily comprised of property and casualty insurers and reinsurers. First Industrial FR Real Estate Industrial REIT owner, developer, and operator of 70M+ square feet of U.S.-only industrial logistics real estate.”
First Industrial Realty Trust, Inc.
Read the letters behind these First Industrial Realty Trust, Inc. positions
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