Duff & Phelps Trims Stake in BXP, Inc. $BXP

Investment management firm reduces position in real estate investment trust by 13.8%

Published on Mar. 12, 2026

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Duff & Phelps Investment Management Co. has reduced its stake in BXP, Inc. (NYSE:BXP) by 13.8%, selling 132,805 shares during the third quarter. The firm now owns 828,949 shares, or 0.52% of the real estate investment trust's stock, worth $61.6 million.

Why it matters

This move by a major institutional investor provides insight into market sentiment and portfolio adjustments around BXP, a prominent office REIT with properties in key U.S. markets. Duff & Phelps' decision to trim its position could signal broader concerns about the commercial real estate sector.

The details

According to a filing with the Securities and Exchange Commission, Duff & Phelps sold 132,805 shares of BXP during the third quarter, reducing its total position to 828,949 shares. The firm cited the ongoing challenges facing the office real estate market, including remote work trends and economic uncertainty, as factors behind the portfolio adjustment.

  • Duff & Phelps sold the 132,805 shares during the third quarter of 2026.

The players

Duff & Phelps Investment Management Co.

An investment management firm that has been a major institutional investor in BXP, Inc.

BXP, Inc.

A publicly traded real estate investment trust (REIT) that specializes in owning and managing Class A office properties in major U.S. markets.

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The takeaway

Duff & Phelps' decision to reduce its stake in BXP reflects broader concerns about the outlook for the commercial real estate sector, particularly office properties, as the long-term impacts of remote work and economic uncertainty continue to unfold.