Independence Realty Trust

IRT • NYSE

Independence Realty Trust is a reit - residential company in the real estate sector on NYSE, led by Scott F. Schaeffer, with a market cap of $4.1B. As of Q3 2025, 99% of shares are held by 371 institutional investors, with BlackRock, Inc. as the largest holder at 14.86%.

CEOScott F. Schaeffer

Market Cap$4.1B

REIT - Residential

Real Estate

Employees952.0

Websiteirtliving.com

Country

United States of America

Overview

Overview of institutional ownership in IRT as of Q3 2025 with a market cap of $3.8B

All Institutions

Institutions: 371
Value Held: $3.8B
Shares Held: 232.4M
Avg Position: $10.3M
Median Position: $597.5K

Hedge Funds

Hedge Funds: 27
Value Held: $370.6M
Shares Held: 22.6M
Avg Position: $13.7M
Median Position: $713.7K

Ownership Breakdown

Institutional (non-HF)

89.79%

$3.4B

Hedge Funds

9.67%

$370.6M

Retail & Other

0.544%

$20.9M

Based on market cap of $3.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in IRT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BlackRock, Inc. Institution	Laurence D. Fink CEO	$569.3M 0.01% of portfolio	14.86% 34.7M shares	Q3 2015 Held for 10y 3m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$540.6M 0.01% of portfolio	14.11% 33.0M shares	Q1 2014 Held for 11y 9m	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$215.2M 0.01% of portfolio	5.56% 13.0M shares	Q3 2014 Held for 11y 3m	$2.88T
Long Pond Capital, LP Hedge Fund•Long/Short	John Peter Khoury Managing Partner	$201.6M 13.27% of portfolio	5.26% 12.3M shares	Q4 2021 Held for 4 years	$1.5B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$195.1M 0.12% of portfolio	5.09% 11.9M shares	Q3 2022 Held for 3y 3m	$161.58B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$149.5M 0.05% of portfolio	3.90% 9.1M shares	Q3 2015 Held for 10y 3m	$317.45B
M MACQUARIE GROUP LTD Institution	-	$133.2M 0.16% of portfolio	3.47% 8.1M shares	Q4 2016 Held for 9 years	$82.9B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$103.2M 0.01% of portfolio	2.69% 6.3M shares	Q1 2014 Held for 11y 9m	$1.57T
JENNISON ASSOCIATES LLC Long Only Manager	Jeffrey Todd Becker CEO	$102.1M 0.06% of portfolio	2.66% 6.2M shares	Q3 2017 Held for 8y 3m	$171.76B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$99.9M 0.02% of portfolio	2.61% 6.1M shares	Q2 2019 Held for 6y 6m	$571.21B

Net Capital Flow

Institutional buying and selling activity for IRT in Q3 2025

Traded: +$105.7M
Buyers: 182
Sellers: 187
Total Bought: +$462.9M
Total Sold: −$357.2M
Avg Position: $9.0M

Biggest Buyers

Institution	Net Bought	Current Position
Long Pond Capital, LP Hedge Fund•Long/Short	+$111.5M +6.8M shares	$201.6M 12.3M shares
PRUDENTIAL FINANCIAL INC Institution	+$70.8M +4.3M shares	$71.4M 4.4M shares
FRANKLIN RESOURCES INC Institution	+$58.6M +3.6M shares	$62.7M 3.8M shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	+$22.0M +1.3M shares	$22.0M 1.3M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$19.2M +1.2M shares	$56.9M 3.5M shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	+$18.4M +1.1M shares	$19.0M 1.2M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$17.7M +1.1M shares	$21.5M 1.3M shares
GOLDMAN SACHS GROUP INC Institution	+$12.6M +770.8K shares	$58.5M 3.6M shares
C Conversant Capital LLC Real Assets	+$12.3M +750.0K shares	$12.3M 750.0K shares
Argosy-Lionbridge Management, LLC Hedge Fund•Long/Short	+$12.2M +744.9K shares	$12.2M 744.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$102.0M −6.2M shares	$99.9M 6.1M shares
CBRE CLARION SECURITIES LLC Real Assets	−$23.8M −1.5M shares	$24.9M 1.5M shares
R Russell Investments Group, Ltd. RIA/Wealth	−$22.2M −1.4M shares	$3.3M 202.1K shares
AEW CAPITAL MANAGEMENT L P Real Assets	−$21.7M −1.3M shares	$9.9M 604.0K shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$21.2M −1.3M shares	$195.1M 11.9M shares
CITIGROUP INC Institution	−$20.5M −1.3M shares	$2.4M 148.3K shares
W Waterfront Capital Partners, LLC Hedge Fund•Long/Short	−$14.2M −800.8K shares	Sold Off 0 shares
BAMCO INC /NY/ Long Only Manager	−$12.9M −789.6K shares	$24.0M 1.5M shares
JENNISON ASSOCIATES LLC Long Only Manager	−$11.5M −699.3K shares	$102.1M 6.2M shares
N Nuveen, LLC Institution	−$9.2M −563.0K shares	$11.3M 688.1K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited IRT in Q3 2025

New Positions: 14
New Value: $36.9M
Exited Positions: 52
Exited Value: $48.3M

New Positions

Institution	Position Value
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$22.0M 1.3M shares
C Conversant Capital LLC Real Assets	$12.3M 750.0K shares
N Nekton Capital Ltd. Institution	$1.5M 93.2K shares
A Ascent Group, LLC Institution	$253.4K 15.5K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$227.9K 13.9K shares
S SHERBROOKE PARK ADVISERS LLC Hedge Fund•Quant	$198.5K 12.1K shares
C CAXTON ASSOCIATES LLP Institution	$198.3K 12.1K shares
Point72 Ltd RIA/Wealth	$164.2K 10.0K shares
Point72 Europe LLP Digital Asset Manager	$40.2K 2.5K shares
P Point72 Asia Pte. Ltd. Institution	$27.8K 1.7K shares

Exited Positions

Institution	Previous Position
W Waterfront Capital Partners, LLC Hedge Fund•Long/Short	$14.2M 800.8K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.0M 282.2K shares
D D. E. Shaw & Co., Inc. Institution	$4.8M 273.0K shares
V Vestcor Investment Management Corp Institution	$3.6M 200.9K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$2.9M 165.8K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$2.5M 142.1K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$2.2M 127.0K shares
Quantbot Technologies LLC Hedge Fund•Quant	$1.9M 109.4K shares
Knights of Columbus Asset Advisors LLC Long Only Manager	$1.5M 85.1K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$916.4K 51.8K shares

Options Activity

Institutions with the largest Call and Put options positions in IRT as of Q3 2025

Call Positions: 1
Call Value: $6.0M
Put Positions: 2
Put Value: $4.2M

Call Positions

Institution	Position Value
LANDMARK INVESTMENT PARTNERS, L.P. Hedge Fund•Long/Short	$6.0M 3.7K contracts

Put Positions

Institution	Position Value
UBS Group AG Institution	$4.0M 2.4K contracts
J JANE STREET GROUP, LLC Institution	$259.0K 158.0 contracts

Most Committed Institutions

Institutions with IRT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Long Pond Capital, LP Hedge Fund•Long/Short	John Peter Khoury Managing Partner	13.27% $201.6M	5.26% 12.3M shares	Q4 2021 Held for 4 years	$1.5B
Argosy-Lionbridge Management, LLC Hedge Fund•Long/Short	David John Butler CEO	8.03% $12.2M	0.32% 744.9K shares	Q3 2025 Held for 3 months	$152.0M
N Nekton Capital Ltd. Institution	-	3.09% $1.5M	0.04% 93.2K shares	Q3 2025 Held for 3 months	$49.4M
B B&I Capital AG Institution	-	2.71% $7.8M	0.20% 478.4K shares	Q2 2024 Held for 1y 6m	$288.9M
C Conversant Capital LLC Real Assets	Bryant Daniels CFO	2.57% $12.3M	0.32% 750.0K shares	Q3 2025 Held for 3 months	$478.1M
Blue Sky Capital Consultants Group, Inc. RIA/Wealth	Larry Jerome Steckler President	2.31% $5.2M	0.14% 318.7K shares	Q4 2024 Held for 1 year	$225.8M
A Arkhouse Management Co. LP Institution	-	2.10% $752.8K	0.02% 45.9K shares	Q2 2025 Held for 6 months	$35.9M
A Aurora Investment Managers, LLC. RIA/Wealth	Shakeel [Nmn] Dewji Managing Partner	2.04% $3.2M	0.08% 194.2K shares	Q2 2023 Held for 2y 6m	$156.2M
S Sophron Capital Management L.P. Hedge Fund•Long/Short	George Michael Maslovsky CEO	1.75% $5.7M	0.15% 347.5K shares	Q2 2025 Held for 6 months	$324.6M
Slocum, Gordon & Co LLP RIA/Wealth	Jeffrey L. Gordon Partner	1.39% $1.7M	0.05% 106.1K shares	Q3 2024 Held for 1y 3m	$125.4M

Hedge Fund Spotlight

Discover hedge funds investing in IRT

ExodusPoint Capital Management, LP

Hedge Fund • Multi-Strategy

Portfolio ManagerMichael Robert Gelband

Portfolio Value: $7.1B
Positions: 1,352
Last Reported: Q3 2025

Sector Allocation

Position in Independence Realty Trust

Market Value: $5.0M
Shares Held: 302.8K
Portfolio Weight: 0.07%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Apple AAPL	Consumer Electronics Technology	$306.1M	4.29%
2 Ameren AEE	Regulated Electric Utilities	$103.0M	1.44%
3 Nvidia NVDA	Semiconductors Technology	$79.9M	1.12%