Hedge Fund Trims FRT Position Valued at $7 . 1 Million , According to Recent SEC Filing

<p>On February 17, 2026, Masterton Capital Management, LP disclosed a sale of 72,100 shares of Federal Realty Investment Trust (NYSE:FRT), an estimated $7.10 million trade based on quarterly average pricing.</p>
<h2>What Happened</h2>
<p>According to a <a href="https://www.sec.gov/Archives/edgar/data/1817145/000189268826000046/0001892688-26-000046-index.html">February 17, 2026, SEC filing</a>, Masterton Capital Management, LP reduced its position in Federal Realty Investment Trust by 72,100 shares during the fourth quarter of 2025. The estimated value of shares sold was approximately $7.10 million, calculated using the average closing price over the quarter. The quarter-end value of the fund’s remaining stake declined by $7.39 million, a figure that includes both trading activity and price changes.</p>
<h2>What Else to Know</h2>
<p>The fund’s direction was a sale, leaving Federal Realty Investment Trust at 12.19% of 13F assets under management after the transaction</p>
<p>Top holdings after the filing:</p>
<ul>
<li> <p class="yf-1fy9kyt">NYSE:EQR: $21.19 million (14.8% of AUM)</p></li>
<li> <p class="yf-1fy9kyt">NYSE:FRT: $17.49 million (12.2% of AUM)</p></li>
<li> <p class="yf-1fy9kyt">NYSE:PSA: $13.49 million (9.4% of AUM)</p></li>
<li> <p class="yf-1fy9kyt">NYSE:AMH: $11.26 million (7.8% of AUM)</p></li>
<li> <p class="yf-1fy9kyt">NYSE:INVH: $10.51 million (7.3% of AUM)</p></li>
</ul>
<p>As of February 17, 2026, shares of Federal Realty Investment Trust were priced at $106.21, up 6.2% over the past year, underperforming the S&amp;P 500 by 6.09 percentage points</p>
<h2>Company Overview</h2>
<table>
<row span="2">
<cell role="head"> <p>Metric</p></cell>
<cell role="head"> <p>Value</p></cell>
</row>
<row span="2"><cell> <p>Revenue (TTM)</p></cell><cell> <p>$1.28 billion</p></cell> </row>
<row span="2"><cell> <p>Net income (TTM)</p></cell><cell> <p>$422.11 million</p></cell> </row>
<row span="2"><cell> <p>Dividend yield</p></cell><cell> <p>4.21%</p></cell> </row>
<row><cell> <p>Price (as of market close February 17, 2026)</p></cell><cell> <p>$106.21</p></cell> </row>
</table>
<h2>Company Snapshot</h2>
<ul>
<li> <p class="yf-1fy9kyt">Owns, operates, and redevelops high-quality retail-based properties, including mixed-use neighborhoods that integrate shopping, dining, residential, and office spaces.</p></li>
<li> <p class="yf-1fy9kyt">Generates revenue primarily through rental income from a diversified tenant base across approximately 3,100 tenants, with a focus on major U.S. coastal markets.</p></li>
<li> <p class="yf-1fy9kyt">Targets retailers, restaurants, service providers, and residents in densely populated, affluent urban and suburban communities.</p></li>
</ul>
<p>Federal Realty Investment Trust is a leading retail REIT specializing in the ownership and redevelopment of premium shopping centers and mixed-use properties in major U.S. coastal markets. The company leverages a disciplined investment strategy focused on locations with strong consumer demand and limited retail supply, supporting consistent long-term growth. Federal Realty's extensive track record of dividend increases and its diversified, high-quality tenant roster underscore its competitive strength in the retail real estate sector.</p>
<h2>What This Transaction Means for Investors</h2>
<p>Masterton Capital Management, a New York-based hedge fund, recently disclosed the sale of more than 72,000 shares of Federal Realty Investment Trust (FRT), a retail <a href="https://www.fool.com/investing/stock-market/market-sectors/real-estate-investing/reit/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=7f33e4d1-8bbd-4d2b-bf21-c26da0f6d0f7">REIT</a>. While that sale did reduce its position by more than $7 million, FRT remains the fund’s second-largest holding. Here’s what the move means for average investors.</p>