Neuberger Berman Reduces Stake in BXP, Inc.

Asset manager lowers position in real estate investment trust by 65.8% in third quarter

Published on Mar. 8, 2026

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Neuberger Berman Group LLC lowered its stake in BXP, Inc. (NYSE:BXP) by 65.8% during the third quarter, according to a recent SEC filing. The institutional investor now owns 28,790 shares of the real estate investment trust's stock, worth $2.14 million.

Why it matters

This reduction in Neuberger Berman's BXP holdings is noteworthy as the firm is a major institutional investor. Changes in ownership stakes by large asset managers can signal broader market trends or shifts in sentiment around a particular stock or sector.

The details

According to the 13F filing, Neuberger Berman sold 55,280 shares of BXP, Inc. during the third quarter, leaving it with a remaining position of 28,790 shares. The real estate investment trust's stock has faced headwinds recently, with analysts lowering price targets amid economic uncertainty.

  • Neuberger Berman filed its 13F for the third quarter on October 15, 2026.

The players

Neuberger Berman Group LLC

A global investment management firm with over $400 billion in assets under management.

BXP, Inc.

A publicly traded real estate investment trust that specializes in owning and operating Class A office properties across major U.S. markets.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Neuberger Berman's reduced stake in BXP, Inc. reflects broader market concerns about the real estate investment trust's outlook, as evidenced by recent analyst downgrades. This shift in a major investor's position could signal challenges ahead for the office REIT sector.