How many subsidiaries does BrightSpire Capital, Inc. file with the SEC?

29, listed in its most recent exhibit 21. They are incorporated across 4 jurisdictions (Delaware, Cayman Islands, Luxembourg, Pennsylvania). 3 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is BrightSpire Capital, Inc. financially healthy?

BrightSpire Capital, Inc. scores 4 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of BrightSpire Capital, Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), STATE STREET CORP (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

BrightSpire Capital, Inc. (BRSP)

NYSE · REIT · Real Estate Investment Trusts

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

29 entities across 4 jurisdictions, 3 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-18 — see the exhibit.

Which other public companies file entities in the same places:

Delaware25 Cayman Islands2 Luxembourg1 Pennsylvania1

Subsidiaries of BrightSpire Capital, Inc. as disclosed in its SEC filing
Entity	Jurisdiction	Note
BrightSpire Capital Advisors, LLC	Delaware
BrightSpire Capital Mortgage Corporation, LLC	Delaware
BrightSpire Capital Mortgage Parent, LLC	Delaware
BrightSpire Capital Mortgage Sub-REIT, LLC	Delaware
BrightSpire Capital Operating Company, LLC	Delaware
BrightSpire Capital RE Corporation, LLC	Delaware
BrightSpire Capital RE Holdco, LLC	Delaware
BrightSpire Capital US, LLC	Delaware
BrightSpire Credit 1, LLC	Delaware
BrightSpire Credit 7 Parent, LLC

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

4 / 7

FAILReturn on assets positiveROA -0.9%
PASSOperating cash flow positiveOCF 73M
PASSReturn on assets improving-3.5% → -0.9%
PASSCash flow exceeds earningsOCF 73M vs NI -31M
FAILLong-term debt ratio falling66.9% → 69.3% of assets
FAILCurrent ratio improvingno data
PASSNo share dilution127M → 127M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.10× → 0.09×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$291.0M	−$353.3M	—	—	128,548,000
FY2021	$194.3M	−$101.0M	—	—	128,496,000
FY2022	$364.6M	$45.8M	—	—	129,300,000
FY2023	$415.1M	−$15.5M	—	—	127,060,000
FY2024	$358.8M	−$132.0M	—	—	127,441,000
FY2025

Ownership flow

11 institutions tracked — 5 added, 6 reduced. Active managers added 224,524 shares while index money cut 107,450.

Institutional holders of BrightSpire Capital, Inc. and their share-count change
Manager	Kind	Shares	Change	Value
JPMORGAN CHASE & CO	Active fund	1,450,079	+346,795	$7.9M
BlackRock, Inc.	Index	10,724,599	−219,302	$58.4M
FMR LLC	Active fund	214,766	+145,224	$1.2M
CITADEL ADVISORS LLC	Hedge fund	111,218	−130,058

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q2: $0.16
2026Q1: $0.16
2025Q4: $0.16
2025Q3: $0.16
2025Q2: $0.16
2025Q1: $0.16

Identity

CIK: 0001717547
LEI: 549300REDWPQ6LWGTI54
FIGI: BBG00JVRRQF1
SIC: 6798 · Real Estate Investment Trusts
Incorporated: MD
Headquarters: NEW YORK, NY

Ownership

Institutional: 67.5%
Institutions: 299
Insiders: 11.6%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other real estate investment trusts companies

BrightSpire Capital, Inc. files under SIC 6798 — all 80 real estate investment trusts companies compared on assets and F-score.

Prologis, Inc.PLD Blackstone Real Estate Income Trust, Inc.BSTT WELLTOWER INC.WELL AMERICAN TOWER CORP /MA/AMT Rithm Capital Corp.RITM VICI PROPERTIES INC.VICI

Questions about BrightSpire Capital, Inc.

How many subsidiaries does BrightSpire Capital, Inc. file with the SEC?: 29, listed in its most recent exhibit 21. They are incorporated across 4 jurisdictions (Delaware, Cayman Islands, Luxembourg, Pennsylvania). 3 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is BrightSpire Capital, Inc. financially healthy?: BrightSpire Capital, Inc. scores 4 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of BrightSpire Capital, Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), STATE STREET CORP (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.