What is the 13F Pro Quality Score for TRNO?

13F Pro ranks Terreno Realty Corp (TRNO) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View TRNO's current score at https://13fpro.ai/company/TRNO (free sign-up required for the full ranking).

Which hedge funds own the most TRNO stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of TRNO include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/TRNO as soon as new 13F filings post.

Where does 13F Pro source TRNO data?

All Terreno Realty Corp fundamentals and ownership data come directly from SEC EDGAR. Terreno Realty Corp files with the SEC under CIK 1476150. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is TRNO in?

Terreno Realty Corp (TRNO) is classified in the Real Estate sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/real-estate.

What drives TRNO's revenue?

Per Terreno Realty Corp's latest 10-Q filed with the SEC on 2026-08-05, the biggest revenue drivers are: Same store operating properties ($109.4M, +5.4% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/TRNO.

What are TRNO's largest expenses?

Terreno Realty Corp's latest 10-Q reports these as the largest expense items: Property operating expenses ($29.6M, +6.1% YoY); Depreciation and amortization ($29.2M, +4.0% YoY); General and administrative ($13.8M, +12.0% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is TRNO research updated on 13F Pro?

TRNO's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Terreno Realty Corp(TRNO)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Real Estate →NYSEmid

Institutional-grade research for retail investors

SEC EDGAR: CIK 1476150 TRNO stock profile & AI dashboard →

13F Pro Quality Score

69.5/100

Rank #262 of 2,961 stocksTOP 10%

View Real Estate peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

81.2/100

Profitability

99.2/100

Balance Sheet

78.3/100

Earnings Quality

25.5/100

Free Cash Flow

96.7/100

Institutional Flow

39.1/100

Revenue Scale

37.3/100

Dilution Risk

29.0/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why TRNO Scores 70/100

exact factor attribution · 2026-09-11

TRNO's composite is driven by profitability and free cash flow, held back by earnings quality and scale. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+7.4 pts

99th pct

Free cash flow

+7.0 pts

97th pct

Revenue growth

+6.2 pts

81th pct

Capital efficiency

+2.8 pts

78th pct

Earnings growth

+2.0 pts

90th pct

Institutional flow

-0.5 pts

39th pct

Shareholder dilution

-1.1 pts

29th pct

Scale

-1.9 pts

37th pct

Earnings quality

-2.5 pts

26th pct

Latest change (2026-08-05): 75 → 72 · ↓ Revenue growth 81→66

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

TRNO Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Terreno Realty Corp (TRNO), a Real Estate sector company. 13F Pro's AI-powered ranking engine scores TRNO at 69.5/100 on a 32-signal composite quality model, placing it at rank #262 of 2,961 stocks — the top 10% of the AI-ranked universe. TRNO scores in the top quartile across profitability (99.2), free cash flow (96.7), revenue growth (81.2). Areas of concern include earnings quality (25.5) and revenue scale (37.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 29.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Terreno Realty Corp reports quarterly revenue of $124.7M, net income of $57.6M, an operating margin of 46.2%. Top institutional holders of TRNO by reported 13-F value include BlackRock, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. TRNO trades on the NYSE exchange and files with the SEC under CIK 1476150. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TRNO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Terreno Realty Corp directly from SEC EDGAR. Terreno Realty Corp's 13F Pro composite quality score has ranged between 61 and 75 since 2021, currently 69.5 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about Terreno Realty Corp

Quirks, history, and lore behind TRNO — the kind of stuff that makes a stock memorable.

1
The Basics
A U.S. real estate investment trust · mid-cap · listed on the NYSE · headquartered in San Francisco, California.
2
The Numbers
Owns roughly 200+ industrial properties totaling tens of millions of square feet, with occupancy rates that routinely hover near 100% — landlords dream of numbers like these.
3
The History
Founded in 2010, it went public shortly after and has steadily built its portfolio by focusing exclusively on six major coastal U.S. markets where land is scarce and demand is fierce.
4
The Secret
Its entire strategy bets on one simple fact: you can't build more coastline. By sticking to supply-constrained infill markets, it keeps competitors — and vacancies — at bay.
5
The Lore
It targets last-mile industrial and logistics properties in dense urban areas, making it a quiet but critical link in the chain between your online shopping cart and your front door.
6
The Giveaway
A pure-play industrial REIT laser-focused on San Francisco, Los Angeles, Seattle, New York, Miami, and Washington D.C. — six coastal cities, zero detours.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving TRNO's Business? Latest 10-Q Breakdown

AI-extracted from Terreno Realty Corp's 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Terreno grew Q2 revenue 11.1% YoY to $124.7M on same-store NOI growth and 2025 acquisitions, while gain on property sales fell 78% YoY, dragging net income down 38.3% to $57.6M.

Biggest Revenue Drivers

Same store operating properties$109.4M+5.4% YoY

Rental revenue plus tenant expense reimbursements from the 280-building same-store pool, driven by higher rents on new/renewed leases and contractual rent increases

Biggest Revenue Drivers

Total revenue: $124.7M+11% YoY

Same store operating properties$109.4M+5.4% YoY

Rental revenue plus tenant expense reimbursements from the 280-building same-store pool, driven by higher rents on new/renewed leases and contractual rent increases

Largest Expense Items

Property operating expenses$29.6M+6.1% YoY

Increase attributable to property acquisitions during 2025 and higher real estate taxes, partially offset by 2026 dispositions

Depreciation and amortization$29.2M+4.0% YoY

Primarily due to property acquisitions during 2026 and 2025, partially offset by dispositions

General and administrative$13.8M+12.0% YoY

Increased compensation expense, including higher restricted stock amortization and salaries

Margins: Net operating income rose 12.8% YoY to $95.1M, with same-store NOI up 6.7% on cash rent increases of 27.7% on new/renewed leases, but net income fell 38.3% because a $54.6M prior-year gain on property sales shrank to $12.0M this quarter.

Watch Items from the Filing

New York City/Northern New Jersey market represents approximately 25.6% of total annualized base rent, the company's largest single-market concentration.
Gain on sales of real estate investments fell from $54.6M to $12.0M YoY, a swing that accounts for most of the quarter's net income decline.
Floating rate debt rose to 42.2% of total debt as of June 30, 2026 (vs. 26.9% a year earlier), after $200M in additional term loan borrowings, above the company's long-term target of under 20%.
Tenant retention ratio for the operating portfolio was only 55.6% for the quarter, though re-leasing spreads remained strong at +27.7% on new/renewed leases.
Largest customer, Amazon.com, accounts for only 5.3% of total annualized base rent, with no tenant exceeding 10% concentration.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$124.7M

Net Income

Q2 2026

$57.6M

Operating Margin

Q2 2026

46.2%

ROIC

Q2 2026

4.3%

D/E Ratio

Q2 2026

0.21

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+24.5% YoY

$476.4MFY 2025

FY22 $276.2MFY23 $323.6MFY24 $382.6MFY25 $476.4M

Net Income

+118.4% YoY

$403.0MFY 2025

FY22 $198.0MFY23 $151.5MFY24 $184.5MFY25 $403.0M

EPS (Diluted)

+103.6% YoY

$3.91FY 2025

FY22 $2.61FY23 $1.81FY24 $1.92FY25 $3.91

Total Assets

+13.0% YoY

$5.39BFY 2025

FY22 $3.16BFY23 $3.90BFY24 $4.77BFY25 $5.39B

Total Debt

+14.6% YoY

$943.3MFY 2025

FY22 $770.8MFY23 $771.6MFY24 $823.4MFY25 $943.3M

Op. Cash Flow

+16.8% YoY

$271.9MFY 2025

FY22 $143.2MFY23 $179.7MFY24 $232.7MFY25 $271.9M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$476.4M +24.5%	$382.6M +18.2%	$323.6M +17.2%	$276.2M +24.5%	$221.9M +18.8%	$186.9M
Net Income	$403.0M +118.4%	$184.5M +21.8%	$151.5M -23.5%	$198.0M +126.9%	$87.3M +9.3%	$79.8M
EPS (Diluted)	$3.91 +103.6%	$1.92 +6.1%	$1.81 -30.7%	$2.61 +112.2%	$1.23 +6.0%	$1.16
Total Assets	$5.39B +13.0%	$4.77B +22.2%	$3.90B +23.4%	$3.16B +8.2%	$2.92B +36.7%	$2.14B
Total Debt	$943.3M +14.6%	$823.4M +6.7%	$771.6M +0.1%	$770.8M +7.0%	$720.7M +57.0%	$459.1M
Operating Cash Flow	$271.9M +16.8%	$232.7M +29.5%	$179.7M +25.5%	$143.2M +8.3%	$132.2M +30.8%	$101.0M

Get alerted when TRNO's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for Terreno Realty Corp including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of TRNO

BlackRock, Inc.
$1.2B18,739,008 sh
FMR LLC
$783.2M12,091,627 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$696.0M10,746,277 sh
STATE STREET CORP
$389.0M5,959,932 sh
VANGUARD CAPITAL MANAGEMENT LLC
$309.9M4,784,199 sh
PRINCIPAL FINANCIAL GROUP INC
$281.7M4,349,532 sh
PRICE T ROWE ASSOCIATES INC /MD/
$257.1M3,969,299 sh
T. Rowe Price Investment Management, Inc.
$245.5M3,791,024 sh
GEODE CAPITAL MANAGEMENT, LLC
$192.8M2,976,764 sh
Invesco Ltd.
$184.3M2,846,036 sh

Fund	Value	Shares
BlackRock, Inc.	$1.2B	18,739,008
FMR LLC	$783.2M	12,091,627
VANGUARD PORTFOLIO MANAGEMENT LLC	$696.0M	10,746,277
STATE STREET CORP	$389.0M	5,959,932
VANGUARD CAPITAL MANAGEMENT LLC	$309.9M	4,784,199
PRINCIPAL FINANCIAL GROUP INC	$281.7M	4,349,532
PRICE T ROWE ASSOCIATES INC /MD/	$257.1M	3,969,299
T. Rowe Price Investment Management, Inc.	$245.5M	3,791,024
GEODE CAPITAL MANAGEMENT, LLC	$192.8M	2,976,764
Invesco Ltd.	$184.3M	2,846,036

Companies Similar to TRNO

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

CTRE

CareTrust REIT, Inc.

AI score

Very similar · 31 shared holders

T. Rowe Price Investment Management, Inc.Copeland Capital Management, LLC SEGALL BRYANT & HAMILL, LLC

EPRT

ESSENTIAL PROPERTIES REALTY TRUST, INC.

AI score

Very similar · 28 shared holders

APG Asset Management US Inc.Asset Management One Co., Ltd.Susquehanna Portfolio Strategies, LLC

EGP

EASTGROUP PROPERTIES INC

AI score

Similar quality profile · 25 shared holders

T. Rowe Price Investment Management, Inc.Uniplan Investment Counsel, Inc.APG Asset Management US Inc.

GTY

GETTY REALTY CORP /MD/

AI score

Similar quality profile · 19 shared holders

CONGRESS ASSET MANAGEMENT CO /MA T. Rowe Price Investment Management, Inc.NFJ INVESTMENT GROUP, LLC

STAG

STAG Industrial, Inc.

AI score

Similar quality profile · 27 shared holders

SEGALL BRYANT & HAMILL, LLC Boston Trust Walden Corp APG Asset Management US Inc.

FIRST INDUSTRIAL REALTY TRUST INC

AI score

Similar quality profile · 24 shared holders

SEGALL BRYANT & HAMILL, LLC APG Asset Management US Inc.Asset Management One Co., Ltd.

CURB

Curbline Properties Corp.

AI score

Similar quality profile · 22 shared holders

T. Rowe Price Investment Management, Inc.Asset Management One Co., Ltd.Green Street Investors, LLC

FCPT

Four Corners Property Trust, Inc.

AI score

Similar quality profile · 22 shared holders

Boston Trust Walden Corp CRAWFORD INVESTMENT COUNSEL INC Asset Management One Co., Ltd.

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Real Estate Companies

View all Real Estate →

AAT

American Assets Trust, Inc.

ABR

ARBOR REALTY TRUST INC

ACR

ACRES Commercial Realty Corp.

ACRE

Ares Commercial Real Estate Corp

ADAM

ADAMAS TRUST, INC.

ADC

AGREE REALTY CORP

AEI

Alset Inc.

AGNC

AGNC Investment Corp.

Put TRNO on your watchlist

Track score changes the day Terreno Realty Corp files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is TRNO a good stock to buy?

13F Pro's AI-powered analysis of Terreno Realty Corp (TRNO) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for TRNO are available on the TRNO stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. TRNO is classified as a mid company.

Which hedge funds own TRNO?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling TRNO. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Terreno Realty Corp's investment landscape.