Re: COLD
I continue to hold but have not added.
Looks like some insider Buys and Hedge Fund Buy BUT also two large Institutional Sells.
There have recently been notable insider buys at Americold Realty Trust (COLD), with two senior executives purchasing a combined 120,000 shares for over $2.16 million in May 2025 and no reported sales in the past 30 days. Additionally, major financial institutions and hedge funds have actively adjusted their positions in COLD. For example, DAVENPORT & Co LLC opened a significant $39 million new position in Q3 2025, while both NORGES BANK and COHEN & STEERS, INC. have reduced their positions by substantial dollar amounts in Q2 2025.?
Insider Buy/Sell Activity- In May 2025, CEO George Chappelle Jr. bought 110,000 shares for $1.98M, and CFO Jay Wells bought 10,000 shares for $179K.?
- No insider sells have been reported over the last 30 days.?
- Over the last 24 months, insiders have sold shares, with notable names including Robert E Harris, Robert Scott Chambers, and Thomas C Novosel.?
Recent Institutional & Hedge Fund Moves- DAVENPORT & Co LLC opened a $39M position in COLD in Q3 2025, adding over 3.1M shares.?
- NORGES BANK reduced its position by nearly 10M shares for approximately $62.7M in Q2 2025.?
- COHEN & STEERS, INC. reduced its holdings by over 3.5M shares for $59.2M in Q2 2025.?
- COLD has broad institutional ownership, with names like Vanguard Group, BlackRock, Cohen & Steers, and APG Asset Management among the largest holders
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Recent REIT Buys/Sells
FWIW have added to KIM, LXP (did a 5:1 reverse split), NSA, GMRE and started to buy back BFS after tax loss harvest of high cost shares
Sold some OHI
This new management change for NSA s/d see higher FFO. That transition started 6/2024 and management said it would take 1 year to see the FFO growth . . .
Latest Report showed a decrease in FFO due to industry slow down and benefits from "Internalization" have been pushed out w/ G&A savings of up to $9 million in next few quarters. Still waiting
National Storage Affiliates Tru (NSA) expects to accelerate its growth, simplify its operations, and increase financial efficiency by taking over the management of properties that were previously run by its Participating Regional Operators (PROs)
Internalization means NSA is acquiring the PROs' management contracts and intellectual property (like brand names) and bringing the management of those properties in-house to be run directly by NSA's corporate platform. |
