TRNONYSEReal EstateFiscal year ends December 31
Terreno Realty Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$64.05−0.01 (-0.02%)
Close on Oct 19, 2026
- Market cap
- $6.83B
- P/E (TTM)
- 17.2
- Dividend yield
- 3.15%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
116M of 109M shares
Institutional holders
386
47 new, 30 sold out
Net institutional buying
4M
In Q2 2026
Insider trades, 12 months
0 buys · 5 sales
Net sold $1.85M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Abigail P. Johnson | 9,973,965 | 9.70% | 13G (passive) amendment | Jun 30, 2025 |
| State Street Corporation | 5,814,717 | 5.80% | 13G (passive) | Dec 31, 2024 |
| Vanguard Capital Management | 5,501,195 | 5.17% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 17,384,299 | 16.80% | 13G (passive) amendment | Jun 30, 2025 |
| FMR LLC | 11,084,356 | 10.70% | 13G (passive) amendment | Aug 29, 2025 |
| Vanguard Portfolio Management | 10,790,756 | 10.15% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TRNO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 18,739,008 | 17.20% | $1.21B | +940,286 | 0.02% |
| FMR LLC | 12,091,627 | 11.10% | $783.17M | +602,980 | 0.03% |
| Vanguard Portfolio Management LLC | 10,746,277 | 9.86% | $696.04M | +428,440 | 0.03% |
| State Street Corp | 5,959,932 | 5.47% | $389.03M | +157,800 | 0.01% |
| Vanguard Capital Management LLC | 4,784,199 | 4.39% | $309.87M | +146,214 | 0.01% |
| Principal Financial Group Inc | 4,349,532 | 3.99% | $281.72M | +161,079 | 0.14% |
| Price T Rowe Associates Inc /Md/ | 3,969,299 | 3.64% | $257.09K | +19,331 | 0.03% |
| T. Rowe Price Investment Management, Inc. | 3,791,024 | 3.48% | $245.55K | −297,426 | 0.16% |
| Geode Capital Management, LLC | 2,976,764 | 2.73% | $192.84M | +227,919 | 0.01% |
| Invesco Ltd. | 2,846,036 | 2.61% | $184.34M | +1,346,287 | 0.01% |
| Charles Schwab Investment Management Inc | 2,286,088 | 2.10% | $148.07M | +143,594 | 0.02% |
| Northern Trust Corp | 1,634,115 | 1.50% | $105.84M | +182,612 | 0.01% |
| Dimensional Fund Advisors LP | 1,613,427 | 1.48% | $104.51M | +29,123 | 0.02% |
| Morgan Stanley | 1,535,601 | 1.41% | $99.46M | −5,802 | 0.01% |
| American Century Companies Inc | 1,303,724 | 1.20% | $84.44M | −161,897 | 0.04% |
| Two Sigma Investments, LP | 1,249,207 | 1.15% | $80.91M | +335,465 | 0.06% |
| Norges Bank | 1,238,035 | 1.14% | $80.19M | New | 0.01% |
| Thrivent Financial for Lutherans | 1,187,533 | 1.09% | $76.92K | −11,951 | 0.13% |
| Goldman Sachs Group Inc | 1,167,782 | 1.07% | $75.64M | +70,504 | 0.01% |
| JPMorgan Chase & Co | 1,159,407 | 1.06% | $76.53M | −78,468 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 386 | 116M | 100.0% | 47 / 159 | 124 / 30 | 9M | 5M |
| Q1 2026 | 376 | 112M | 100.0% | 43 / 149 | 134 / 31 | 24M | 8M |
| Q4 2025 | 368 | 112M | 100.0% | 61 / 138 | 130 / 32 | 9M | 6M |
| Q3 2025 | 345 | 109M | 100.0% | 42 / 131 | 131 / 32 | 7M | 9M |
| Q2 2025 | 339 | 111M | 100.0% | 44 / 160 | 110 / 55 | 7M | 9M |
| Q1 2025 | 354 | 113M | 100.0% | 51 / 144 | 126 / 32 | 7M | 7M |
| Q4 2024 | 338 | 115M | 100.0% | 59 / 139 | 111 / 41 | 20M | 9M |
| Q3 2024 | 327 | 105M | 96.0% | 44 / 113 | 138 / 24 | 15M | 5M |
| Q2 2024 | 309 | 103M | 94.9% | 32 / 142 | 108 / 45 | 10M | 10M |
| Q1 2024 | 325 | 103M | 94.8% | 45 / 143 | 101 / 24 | 12M | 3M |
| Q4 2023 | 306 | 94M | 86.6% | 40 / 132 | 107 / 30 | 12M | 5M |
| Q3 2023 | 299 | 88M | 80.5% | 33 / 127 | 96 / 24 | 5M | 4M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of TRNO | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 6,404,287 | 5.88% | $414.81M | 0.37% | Jun 30, 2026 |
| Vanguard Real Estate Index Fund | 4,042,013 | 3.71% | $289.61M | 0.40% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 3,375,526 | 3.10% | $218.63M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,748,913 | 2.52% | $178.05M | 0.21% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 2,438,865 | 2.24% | $157.97M | 0.08% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 1,969,640 | 1.81% | $129.39M | 0.05% | May 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,544,405 | 1.42% | $100.03M | 0.15% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,218,718 | 1.12% | $78.94M | 0.08% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,175,547 | 1.08% | $84.23M | 0.25% | Jul 31, 2026 |
| T. Rowe Price Real Assets Fund, Inc. | 1,149,974 | 1.06% | $74.48M | 0.73% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 1,105,995 | 1.01% | $71.64M | 0.68% | Jun 30, 2026 |
| VIP Mid Cap Portfolio | 1,086,700 | 1.00% | $70.39M | 0.74% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 1,003,895 | 0.92% | $65.02M | 0.45% | Jun 30, 2026 |
| Real Estate Securities Fund | 982,684 | 0.90% | $70.41M | 1.00% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 975,443 | 0.90% | $63.18M | 0.37% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Michael A. Coke | President, Director | 630,211 | 0.58% | Aug 10, 2026 |
| W. Blake Baird | CHAIRMAN AND CEO, Director | 900,827 | 0.83% | Aug 5, 2026 |
| John Tull Meyer | EVP | 199,139 | 0.18% | Aug 11, 2026 |
| Jaime Jackson Cannon | CFO | 187,989 | 0.17% | Aug 10, 2026 |
| Muehlen Constance E. Von | Director | 5,301 | 0.00% | May 7, 2026 |
| Paul Joseph Donahue | Director | 2,462 | 0.00% | May 7, 2026 |
| Gary N. Boston | Director | 10,703 | 0.01% | May 7, 2026 |
| Douglas M. Pasquale | Director | 115,176 | 0.11% | May 7, 2026 |
| Irene H. Oh | Director | 9,658 | 0.01% | May 7, 2026 |
| Leroy E. Carlson | Director | 42,449 | 0.04% | May 7, 2026 |
| Dennis Polk | Director | 46,634 | 0.04% | Feb 13, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| John Tull Meyer EVP | Aug 11, 2026 | Sale | −4,447 | $68.64 | $305.24K | 131,825 |
| Jaime Jackson Cannon CFO | Aug 10, 2026 | Sale | −3,602 | $68.26 | $245.87K | 114,787 |
| Michael A. Coke President, Director | Aug 7, 2026 | Sale | −8,000 | $68.38 | $547.04K | 425,381 |
| John Tull Meyer EVP | Aug 4, 2026 | Award | +12,081 | – | – | 136,272 |
| W. Blake Baird CHAIRMAN AND CEO, Director | Aug 4, 2026 | Award | +28,426 | – | – | 695,997 |
| Jaime Jackson Cannon CFO | Aug 4, 2026 | Award | +12,081 | – | – | 118,389 |
| Michael A. Coke President, Director | Aug 4, 2026 | Award | +28,426 | – | – | 433,381 |
| John Tull Meyer EVP | Aug 3, 2026 | Tax withholding | −2,885 | $71.70 | $206.85K | 124,191 |
| W. Blake Baird CHAIRMAN AND CEO, Director | Aug 3, 2026 | Tax withholding | −5,769 | $71.70 | $413.64K | 667,571 |
| Jaime Jackson Cannon CFO | Aug 3, 2026 | Tax withholding | −3,730 | $71.70 | $267.44K | 106,308 |
| Michael A. Coke President, Director | Aug 3, 2026 | Tax withholding | −7,460 | $71.70 | $534.88K | 404,955 |
| Gary N. Boston Director | May 5, 2026 | Award | +2,462 | – | – | 10,703 |
| Muehlen Constance E. Von Director | May 5, 2026 | Award | +2,462 | – | – | 5,301 |
| Leroy E. Carlson Director | May 5, 2026 | Award | +2,462 | – | – | 42,449 |
| Douglas M. Pasquale Director | May 5, 2026 | Award | +2,462 | – | – | 115,176 |
| Paul Joseph Donahue Director | May 5, 2026 | Award | +2,462 | – | – | 2,462 |
| Irene H. Oh Director | May 5, 2026 | Award | +2,462 | – | – | 9,658 |
| Jaime Jackson Cannon CFO | Feb 9, 2026 | Sale | −7,000 | $65.99 | $461.93K | 110,038 |
| Michael A. Coke President, Director | Jan 7, 2026 | Award | +29,890 | – | – | 204,830 |
| W. Blake Baird CHAIRMAN AND CEO, Director | Jan 7, 2026 | Award | +29,890 | – | – | 204,830 |
| Jaime Jackson Cannon CFO | Jan 7, 2026 | Award | +5,757 | – | – | 117,038 |
| John Tull Meyer EVP | Jan 7, 2026 | Award | +7,127 | – | – | 127,076 |
| John Tull Meyer EVP | Nov 7, 2025 | Sale | −4,758 | $59.95 | $285.24K | 119,949 |
| Michael A. Coke President, Director | Aug 14, 2025 | Sale | −10,000 | $53.96 | $539.60K | 412,415 |
| W. Blake Baird CHAIRMAN AND CEO, Director | Aug 5, 2025 | Award | +28,840 | – | – | 673,340 |
| Jaime Jackson Cannon CFO | Aug 5, 2025 | Award | +13,519 | – | – | 111,281 |
| Michael A. Coke President, Director | Aug 5, 2025 | Award | +28,840 | – | – | 422,415 |
| John Tull Meyer EVP | Aug 5, 2025 | Award | +13,519 | – | – | 124,707 |
| Jaime Jackson Cannon CFO | Aug 1, 2025 | Tax withholding | −4,165 | $54.27 | $226.03K | 97,762 |
| John Tull Meyer EVP | Aug 1, 2025 | Tax withholding | −3,223 | $54.27 | $174.91K | 111,188 |
| W. Blake Baird CHAIRMAN AND CEO, Director | Aug 1, 2025 | Tax withholding | −6,469 | $54.27 | $351.07K | 644,500 |
| Michael A. Coke President, Director | Aug 1, 2025 | Tax withholding | −8,589 | $54.27 | $466.13K | 393,575 |
| Leroy E. Carlson Director | May 6, 2025 | Award | +2,839 | – | – | 39,987 |
| Gary N. Boston Director | May 6, 2025 | Award | +2,839 | – | – | 8,241 |
| Muehlen Constance E. Von Director | May 6, 2025 | Award | +2,839 | – | – | 2,839 |
| Irene H. Oh Director | May 6, 2025 | Award | +2,839 | – | – | 7,196 |
| Douglas M. Pasquale Director | May 6, 2025 | Award | +2,839 | – | – | 112,714 |
| Dennis Polk Director | Feb 11, 2025 | Sale | −9,703 | $67.20 | $652.04K | 46,634 |
| John Tull Meyer EVP | Jan 8, 2025 | Award | +2,466 | – | – | 113,454 |
| Jaime Jackson Cannon CFO | Jan 8, 2025 | Award | +5,888 | – | – | 73,202 |
| John Tull Meyer EVP | Jan 8, 2025 | Award | +5,888 | – | – | 73,202 |
| Michael A. Coke PRESIDENT, Director | Jan 8, 2025 | Award | +14,493 | – | – | 174,940 |
| W. Blake Baird CHAIRMAN AND CEO, Director | Jan 8, 2025 | Award | +14,493 | – | – | 174,940 |
| Jaime Jackson Cannon CFO | Aug 9, 2024 | Sale | −4,998 | $68.39 | $341.81K | 101,927 |
| John Tull Meyer EVP | Aug 9, 2024 | Sale | −6,145 | $68.64 | $421.79K | 110,988 |
| Michael A. Coke PRESIDENT, Director | Aug 9, 2024 | Sale | −7,500 | $68.53 | $513.98K | 402,164 |
| John Tull Meyer EVP | Aug 6, 2024 | Award | +11,357 | – | – | 117,133 |
| Michael A. Coke PRESIDENT, Director | Aug 6, 2024 | Award | +24,228 | – | – | 409,664 |
| W. Blake Baird CHAIRMAN AND CEO, Director | Aug 6, 2024 | Award | +24,228 | – | – | 650,969 |
| Jaime Jackson Cannon CFO | Aug 6, 2024 | Award | +11,357 | – | – | 106,925 |
| John Tull Meyer EVP | Aug 1, 2024 | Tax withholding | −3,973 | $68.45 | $271.95K | 105,776 |
| Jaime Jackson Cannon CFO | Aug 1, 2024 | Tax withholding | −5,120 | $68.45 | $350.46K | 95,568 |
| Michael A. Coke PRESIDENT, Director | Aug 1, 2024 | Tax withholding | −10,552 | $68.45 | $722.28K | 385,436 |
| W. Blake Baird CHAIRMAN AND CEO, Director | Aug 1, 2024 | Tax withholding | −7,962 | $68.45 | $545.00K | 626,741 |
| Irene H. Oh Director | May 7, 2024 | Award | +2,277 | – | – | 4,357 |
| Leroy E. Carlson Director | May 7, 2024 | Award | +2,277 | – | – | 37,148 |
| Dennis Polk Director | May 7, 2024 | Award | +2,277 | – | – | 56,337 |
| Gary N. Boston Director | May 7, 2024 | Award | +2,277 | – | – | 5,402 |
| Douglas M. Pasquale Director | May 7, 2024 | Award | +2,277 | – | – | 109,875 |
| Melinda Weston Chief Accounting Officer | Feb 16, 2024 | Tax withholding | −1,504 | $62.70 | $94.30K | 17,462 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| T. Meyer John COO | Aug 11, 2026 | 4,744 | $323.11K | Aug 11, 2026 | Restricted Stock Grant |
| Cannon Jaime CFO | Aug 10, 2026 | 3,602 | $247.67K | Aug 10, 2026 | RSU Vest |
| Michael A. Coke Officer, Director | Aug 7, 2026 | 8,000 | $542.51K | Aug 7, 2026 | Compensation |
| Cannon Jaime CFO | Feb 9, 2026 | 7,000 | $462.70K | Feb 9, 2026 | RSU Vest |
| T. Meyer John COO | Nov 7, 2025 | 4,758 | $282.01K | Nov 7, 2025 | Compensation from previous vesting |
| Michael A. Coke Officer, Director | Aug 14, 2025 | 10,000 | $535.05K | Aug 14, 2025 | Compensation |
| Cannon Jaime CFO | Aug 9, 2024 | 4,998 | $343.16K | Aug 9, 2024 | Restricted Stock Grant |
| Michael A. Coke Officer, Director | Aug 9, 2024 | 7,500 | $509.59K | Aug 9, 2024 | Compensation |
| T. Meyer John COO | Aug 9, 2024 | 6,145 | $421.92K | Aug 9, 2024 | Restricted Stock Grant |
| Carlson Family Trust The Director | Dec 7, 2023 | 5,000 | $293.80K | Dec 7, 2023 | Private Acquisition from Issuer/Affiliate |
| Michael A. Coke Officer, Director | Aug 4, 2023 | 10,000 | $590.91K | Aug 4, 2023 | Compensation |