Bamco Inc. NY Reduces Stake in Independence Realty Trust

Real estate investment trust's shares owned by Bamco Inc. NY decreased by 35% in Q3

Mar. 16, 2026 at 8:19am

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Bamco Inc. NY, an investment management firm, lowered its position in shares of Independence Realty Trust, Inc. (NYSE:IRT) by 35.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Bamco Inc. NY now owns 1,467,193 shares of the real estate investment trust's stock, down from 2,256,761 shares previously.

Why it matters

Independence Realty Trust is a real estate investment trust (REIT) that acquires, redevelops and manages multi-family communities, focusing on workforce housing. Bamco Inc. NY's reduced stake in the company could signal a shift in investor sentiment or portfolio strategy for the investment firm.

The details

According to the 13F filing, Bamco Inc. NY sold 789,568 shares of Independence Realty Trust during the third quarter. The firm now owns 1,467,193 shares, or 0.61% of the REIT's outstanding stock, worth approximately $24 million as of the most recent SEC filing.

  • Bamco Inc. NY lowered its position in Independence Realty Trust during the third quarter of 2026.

The players

Bamco Inc. NY

An investment management firm that previously owned a larger stake in Independence Realty Trust.

Independence Realty Trust, Inc.

A real estate investment trust that acquires, redevelops and manages multi-family communities, focusing on workforce housing.

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The takeaway

Bamco Inc. NY's reduced stake in Independence Realty Trust could signal a shift in the investment firm's portfolio strategy or sentiment towards the REIT sector. However, without additional context or commentary from the firm, it's difficult to determine the specific reasons behind the stake reduction.