SCHEDULE: FMR LLC and Abigail Johnson Boost Terreno Realty Stake to 10.7%
Beneficial Ownership Amendment
FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 10.7% of Terreno Realty Corp's common stock, totaling over 11 million shares.
Summary
- FMR LLC and Abigail P. Johnson filed an Amendment No. 4 to Schedule 13G, disclosing their beneficial ownership in Terreno Realty Corp.
- As of August 29, 2025, FMR LLC and Abigail P. Johnson beneficially own 11,084,356.30 shares of Terreno Realty Corp's common stock.
- This aggregate amount represents 10.7% of the class of common stock outstanding.
- FMR LLC holds sole voting power over 9,515,247.00 shares and sole dispositive power over 11,084,356.30 shares.
- Abigail P. Johnson holds sole dispositive power over 11,084,356.30 shares, with no sole or shared voting power directly attributed to her in this filing.
- FMR LLC is classified as a parent holding company or control person, while Abigail P. Johnson is classified as an individual.
- The filing certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 7
Explanation: The disclosure of a significant and continued beneficial ownership stake by a major institutional investor like FMR LLC is generally viewed positively, indicating confidence in the issuer's value and prospects.
Positives
- A significant beneficial ownership stake of 10.7% by a major institutional investor like FMR LLC and its principal, Abigail P. Johnson, signals strong confidence in Terreno Realty Corp's long-term prospects and management.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding Terreno Realty Corp's future performance or strategic direction.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
FMR LLC, a prominent asset management firm (Fidelity), maintaining a significant stake in Terreno Realty Corp, a real estate investment trust (REIT), suggests continued institutional interest and confidence in the industrial real estate sector, which has shown resilience and growth in recent years.
Stakeholder Impact
- Shareholders may view the increased institutional ownership by FMR LLC as a positive signal, potentially bolstering investor confidence in Terreno Realty Corp.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 01/10/2023 | Reference date for Exhibit 24 to the Schedule 13G filed by FMR LLC. |
| 01/26/2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 01/31/2023 | Reference date for Exhibit 24 to the Schedule 13G filed by FMR LLC (related to Abigail P. Johnson). |
| 08/29/2025 | Date of event which requires the filing of this statement. |
| 09/05/2025 | Signature date for FMR LLC and Abigail P. Johnson, and date of the Rule 13d-1(k)(1) agreement. |
Recommendation
holdThe filing indicates a significant and continued stake by a major institutional investor, FMR LLC, and its principal, Abigail P. Johnson, in Terreno Realty Corp. This suggests confidence in the company's long-term prospects. However, as a Schedule 13G filing, it primarily discloses ownership and does not provide detailed financial performance or strategic updates to warrant a stronger buy or sell recommendation. Investors should consider this as a positive signal but combine it with further fundamental analysis.
Keywords
Terreno Realty Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, real estate, REIT, institutional investment
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