Franklin Street Properties (FSP) reported a GAAP net loss of $16.6 million, or $0.16 per basic and diluted share, for the second quarter ended June 30, 2026. Total revenue was $26.4 million, compared with $26.7 million in the prior-year quarter.
The REIT said FFO was $1.6 million, or $0.02 per basic and diluted share, for the quarter. The company also reported continued leasing activity, a suspended quarterly dividend, and the July sale of its Greenwood Plaza property in Englewood, Colorado.
- GAAP net loss was $16.6 million for Q2 2026 and $26.1 million for the first six months of 2026.
- Total revenue was $26.4 million for the quarter and $52.6 million for the six months ended June 30, 2026.
- FSP leased about 170,000 square feet during the first half of 2026, including about 120,000 square feet from renewals and expansions.
- The owned portfolio totaled 14 properties and about 4.8 million square feet, with 67.4% leased as of June 30, 2026.
- On July 8, 2026, FSP sold Greenwood Plaza for about $19.4 million and used about $8.5 million of proceeds to repay debt, including interest and fees.
- The board suspended quarterly dividends, with the company estimating annualized cash preservation of about $4.1 million.
$FSP Hedge Fund Activity
We have seen 50 institutional investors add shares of $FSP stock to their portfolio, and 40 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MADISON AVENUE PARTNERS, LP removed 1,173,257 shares (-52.1%) from their portfolio in Q1 2026, for an estimated $779,629
- UBS GROUP AG added 1,135,892 shares (+525.4%) to their portfolio in Q1 2026, for an estimated $754,800
- PEAPOD LANE CAPITAL LLC removed 614,235 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $408,159
- CAMBRIA INVESTMENT MANAGEMENT, L.P. added 532,010 shares (+154.7%) to their portfolio in Q1 2026, for an estimated $353,520
- GEODE CAPITAL MANAGEMENT, LLC added 418,183 shares (+22.7%) to their portfolio in Q1 2026, for an estimated $277,882
- CITADEL ADVISORS LLC removed 397,500 shares (-78.0%) from their portfolio in Q1 2026, for an estimated $264,138
- RENAISSANCE TECHNOLOGIES LLC added 304,177 shares (+21.9%) to their portfolio in Q1 2026, for an estimated $202,125
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
