JPMorgan Amends Federal Realty Stake, Files SC 13G/A

TL;DR

**JPMorgan updated its stake in Federal Realty, watch for market reaction.**

AI Summary

JPMorgan Chase & Co. filed an amended Schedule 13G/A on January 4, 2024, indicating a change in their beneficial ownership of Federal Realty Investment Trust's Common Shares of Beneficial Interest as of December 29, 2023. This filing, an Amendment No. 02, updates their previous disclosures regarding their stake in the real estate investment trust. For investors, this matters because significant changes in institutional ownership, especially from a major financial institution like JPMorgan, can signal shifts in market sentiment or investment strategy towards Federal Realty Investment Trust.

Why It Matters

This filing shows an update to JPMorgan Chase & Co.'s ownership in Federal Realty Investment Trust, which can influence investor perception and potentially the stock's trading activity.

Risk Assessment

Risk Level: low — This is a routine update to an institutional ownership filing and does not inherently signal high risk.

Analyst Insight

Investors should monitor subsequent filings to see if JPMorgan Chase & Co. significantly increases or decreases its stake, as this could indicate a stronger conviction about Federal Realty Investment Trust's future performance.

Key Players & Entities

• JPMorgan Chase & Co. (company) — the entity filing the SC 13G/A
• Federal Realty Investment Trust (company) — the subject company whose shares are being reported
• December 29, 2023 (date) — the date of the event requiring the filing
• January 4, 2024 (date) — the filing date of the SC 13G/A

FAQ

Filing Documents

• FEDERAL_REALTY_INVESTMENT_.htm (SC 13G/A) — 86KB
• 0000019617-24-000012.txt ( ) — 88KB

From the Filing

SC 13G/A 1 FEDERAL_REALTY_INVESTMENT_.htm FILING FEDERAL REALTY INVESTMENT TRUST Schedule 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 02 )* FEDERAL REALTY INVESTMENT TRUST (Name of Issuer) Common Shares of Beneficial Interest (Title of Class of Securities) 313745101 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) o Rule 13d-1(c) o Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 313745101 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JPMORGAN CHASE & CO. 13-2624428 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 2,459,100 6 SHARED VOTING POWER 25 7 SOLE DISPOSITIVE POWER 4,022,435 8 SHARED DISPOSITIVE POWER 743 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,024,573 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.9 % 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC FOOTNOTES Item 1. (a) Name of Issuer FEDERAL REALTY INVESTMENT TRUST (b) Address of Issuer's Principal Executive Offices 909 Rose Avenue, Suite 200, North Bethesda, Maryland 20852 Item 2. (a) Name of Person Filing JPMORGAN CHASE & CO. (b) Address of Principal Business Office or, if none, Residence 383 Madison Avenue New York, NY 10179 (c) Citizenship Delaware (d) Title of Class of Securities Common Shares of Beneficial Interest (e) CUSIP Number 313745101 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J). (k) o A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 4,024,573 (b) Percent of class: 4.9 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 2,459,100 (ii) Shared power to vote or to direct the vote: 25 (iii) Sole power to dispose or to direct the disposition of: 4,022,435 (iv) Shared power to dispose or to direct the disposition of: 743 Item 5. of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x . Item 6. of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company J.P. Morgan Trust Company of Delaware J.P. Morgan Securities LLC JPMorgan Asset Management (Asia P

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View this SC 13G/A filing on SEC EDGAR