13FPulse
BD

BDN BRANDYWINE REALTY TRUST

2026Q2 · CUSIP 105368203 · Sector: REITs

Normal

Fund flows are within the usual range

Funds that own it
228
Institutions that reported holding it to the SEC
Net decrease in holders
1
Last quarter 229 → now 228
How unusual is that
Below average
Stronger than only 32% of US stocks
What the filings say, in one paragraph

228 funds held BDN at the end of 2026Q2, down 1 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $490M(YoY -2.1%), return on equity is -27.2%. BDN has had 6 buying rushes in its history, and the price moved -10.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the REITs sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=220 2013Q4: holders=219 2014Q1: holders=230 2014Q2: holders=225 2014Q3: holders=221 2014Q4: holders=222 2015Q1: holders=215 2015Q2: holders=227 2015Q3: holders=220 2015Q4: holders=223 2016Q1: holders=233 2016Q2: holders=241 2016Q3: holders=230 2016Q4: holders=224 2017Q1: holders=237 2017Q2: holders=239 2017Q3: holders=250 2017Q4: holders=263 2018Q1: holders=258 2018Q2: holders=267 2018Q3: holders=272 2018Q4: holders=255 2019Q1: holders=262 2019Q2: holders=252 2019Q3: holders=250 2019Q4: holders=248 2020Q1: holders=240 2020Q2: holders=239 2020Q3: holders=227 2020Q4: holders=226 2021Q1: holders=239 2021Q2: holders=235 2021Q3: holders=238 2021Q4: holders=257 2022Q1: holders=253 2022Q2: holders=235 2022Q3: holders=251 2022Q4: holders=259 2023Q1: holders=252 2023Q2: holders=245 2023Q3: holders=245 2023Q4: holders=262 2024Q1: holders=247 2024Q2: holders=252 2024Q3: holders=281 2024Q4: holders=266 2025Q1: holders=277 2025Q2: holders=261 2025Q3: holders=255 2025Q4: holders=247 2026Q1: holders=229 2026Q2: holders=228 -29 -14.5 +0 +14.5 +29 193245296 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 6 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2024Q3 Top 20% -4.1% -15.1%
2022Q3 Top 10% +4.2% -38.9%
2017Q3 Top 20% -5.2% -8.0%
2017Q1 Top 20% -1.4% +5.0%
2016Q1 Top 20% +11.9% +3.0%
2015Q2 Top 20% -5.2% -11.4%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
136
Change in large funds
+3
Total value they hold
$404M
Funds buying for the first time
26
Funds that sold out entirely
27
Price change that quarter
+2.6%
Funds holding puts (bearish)
3
Funds holding calls (bullish)
2

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-1.15
EPS YoY
Revenue (TTM)
$0.5B
Revenue YoY
-2.1%
Net margin
-40.8%
ROE
-27.2%
Debt ratio
79.4%
FCF (TTM)
Dividend (TTM)
$0.39
Quarterly Revenue & EPS
2022-06-30: EPS 0.03 2022-09-30: EPS 0.08 2022-12-31: EPS 0.17 2023-03-31: EPS -0.03 2023-06-30: EPS -0.08 2023-09-30: EPS -0.13 2023-12-31: EPS -0.91 2024-03-31: EPS -0.10 2024-06-30: EPS 0.17 2024-09-30: EPS -0.96 2024-12-31: EPS -0.25 2025-03-31: EPS -0.16 2025-06-30: EPS -0.51 2025-09-30: EPS -0.15 2025-12-31: EPS -0.21 2026-03-31: EPS -0.28 0M 74M 147M $M -1.06 -0.43 0.19 2017201820192020202120222023202420252026 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
9 17 25 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-03-31 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.