Skip to Content

The State of New Jersey Common Pension Fund D increases its stake in Terreno Realty Co. (NYSE:TRNO)

The State of New Jersey Common Pension Fund D increases its stake in Terreno Realty Co. (NYSE:TRNO)

According to the most recent 13F filing with the Securities and Exchange Commission, the State of New Jersey Common Pension Fund D increased its holdings in Terreno Realty Co. (NYSE: TRNO) by 1.7% in the third quarter (SEC). As a result of the company’s purchase of an additional 1,923 shares of stock in the real estate investment trust during the period, the total number of shares that the company holds in the trust has increased to 118,361. After the most recent financial quarter, the State of New Jersey Common Pension Fund D held approximately 0.16% of Terreno Realty’s shares, which had a total value of $6,272,000.

Recently, institutional investors and other hedge funds have adjusted the total number of shares of stock they own in the company. During the second quarter, Renaissance Technologies LLC achieved a level of total ownership in Terreno Realty that was 416.7 percentage points higher than previously. After making an additional purchase of 325,000 shares during the most recent period, Renaissance Technologies LLC now possesses 403,000 shares of the real estate investment trust’s stock, which has a value of $22,459,000. These shares were acquired due to a transaction that took place during the most recent period. The amount of Terreno Realty that Prelude Capital Management LLC owns increased by 25.6% during the second quarter due to the company’s success in acquiring additional shares. After making an additional 8,653 share purchases during the period, Prelude Capital Management LLC now has a total of 42,434 shares of the real estate investment trust, which are worth a combined total of $2,360,000. Congress Asset Management Co., MA, increased its holdings in Terreno Realty by 0.9% during the second quarter of the fiscal year. In the most recent period, Congress Asset Management Co., MA, made an additional purchase of 735 shares, bringing their total number of shares in the real estate investment trust to 81,329, These 81,329 shares have a combined value of $4,532,000, and the company now has a total of 81,329 shares in their possession. Meiji Yasuda Asset Management Co. Ltd. increased the percentage of ownership it held in Terreno Realty by 61.5 percent over the second quarter. Meiji Yasuda Asset Management Co. Ltd. now has 20,890 shares of the real estate investment trust, which are worth a total of $1,164,000 thanks to the purchase of an additional 7,953 shares during the relevant period. And finally, during the period covered by the second quarter report, Moody’s Aldrich Partners LLC increased the percentage of Terreno Realty stock owned by 7.2%. After purchasing an additional 10,757 shares during the period in question, Moody Aldrich Partners LLC now has a total of 160,885 shares of the real estate investment trust, which are worth a combined total of $8,966,000. The vast majority of the company’s stock is owned by institutional investors and hedge funds, which account for 98.53% of the total.

The topic of TRNO has been the subject of many scholarly articles. On January 3, the stock of Terreno Realty was upgraded from a “sell” recommendation

Tags

Leave a comment

Your email address will not be published. Required fields are marked *