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NNN REIT, Inc.

NNN
Exchange
NYSE
Industry
Real Estate Investment Trusts
SEC CIK
0000751364

No open-market purchases or sales by NNN REIT, Inc. insiders were filed in the last 90 days; 605 institutions reported holding it in 13F filings for Q2 2026, worth $8.89B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in NNN REIT, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
523
+23 vs. Q3 2025
Shares held
175.2M
+5.20M (+3.1%) vs. Q3 2025
Total value
$6.94B
−$276.4M (−3.8%) vs. Q3 2025
New holders
76
184 more added
Sold out
53
185 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NNN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 523 institutions
Q1 2021: 379 institutionsQ2 2021: 403 institutionsQ3 2021: 404 institutionsQ4 2021: 420 institutionsQ1 2022: 406 institutionsQ2 2022: 418 institutionsQ3 2022: 413 institutionsQ4 2022: 430 institutionsQ1 2023: 432 institutionsQ2 2023: 432 institutionsQ3 2023: 408 institutionsQ4 2023: 444 institutionsQ1 2024: 448 institutionsQ2 2024: 458 institutionsQ3 2024: 499 institutionsQ4 2024: 489 institutionsQ1 2025: 482 institutionsQ2 2025: 483 institutionsQ3 2025: 507 institutionsQ4 2025: 523 institutionsQ1 2026: 545 institutionsQ2 2026: 605 institutions
Value heldQ4 2025: $6.94B
Q1 2021: $6.87BQ2 2021: $7.31BQ3 2021: $6.53BQ4 2021: $7.46BQ1 2022: $7.16BQ2 2022: $6.62BQ3 2022: $6.33BQ4 2022: $7.45BQ1 2023: $7.15BQ2 2023: $6.98BQ3 2023: $5.71BQ4 2023: $7.07BQ1 2024: $7.05BQ2 2024: $7.06BQ3 2024: $8.21BQ4 2024: $7.04BQ1 2025: $7.26BQ2 2025: $7.25BQ3 2025: $7.22BQ4 2025: $6.94BQ1 2026: $7.51BQ2 2026: $8.89B
Institutions holding NNN and their total value by quarter
QuarterHoldersValue
Q2 2026605$8.89B
Q1 2026545$7.51B
Q4 2025523$6.94B
Q3 2025507$7.22B
Q2 2025483$7.25B
Q1 2025482$7.26B
Q4 2024489$7.04B
Q3 2024499$8.21B
Q2 2024458$7.06B
Q1 2024448$7.05B
Q4 2023444$7.07B
Q3 2023408$5.71B
Q2 2023432$6.98B
Q1 2023432$7.15B
Q4 2022430$7.45B
Q3 2022413$6.33B
Q2 2022418$6.62B
Q1 2022406$7.16B
Q4 2021420$7.46B
Q3 2021404$6.53B
Q2 2021403$7.31B
Q1 2021379$6.87B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding NNN REIT, Inc.; share changes are against Q3 2025.

Institutions holding NNN in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc26,238,298$1.04B0.02%−83,324−0.3%Reduced
BlackRock, Inc.25,391,988$1.01B0.02%+497,529+2.0%Added
FMR LLC20,209,835$800.9M0.04%−611,350−2.9%Reduced
State Street Corp11,449,621$453.7M0.02%−576,303−4.8%Reduced
Victory Capital Management Inc9,494,190$376.3M0.21%−382,557−3.9%Reduced
Geode Capital Management, LLC4,167,840$165.2M0.01%+347,143+9.1%Added
Northwood Liquid Management LP3,833,086$151.9M9.49%+763,333+24.9%Added
AQR Capital Management LLC3,692,783$146.3M0.08%+411,769+12.6%Added
JPMorgan Chase & Co3,362,208$133.2M0.01%+548,414+19.5%Added
Massachusetts Financial Services Co3,334,857$132.2M0.04%+161,160+5.1%Added
Federated Hermes, Inc.3,036,523$120.3M0.20%+71,275+2.4%Added
Charles Schwab Investment Management Inc2,847,591$112.9M0.02%+115,378+4.2%Added
Dimensional Fund Advisors LP2,744,434$108.8M0.02%+33,102+1.2%Added
Norges Bank2,726,848$108.1M0.01%+2,726,848New
Morgan Stanley2,499,244$99.0M0.01%+107,889+4.5%Added
Bank of New York Mellon Corp1,893,021$75.0M0.01%−141,557−7.0%Reduced
Northern Trust Corp1,857,171$73.6M0.01%−89,957−4.6%Reduced
Mondrian Investment Partners LTD1,796,183$71.2M1.17%−55,204−3.0%Reduced
Equity Investment Corp1,550,997$61.5M1.24%−4,494−0.3%Reduced
Hudson Bay Capital Management LP1,415,961$56.1M0.32%+814,976+135.6%Added
UBS Asset Management Americas Inc1,191,557$47.2M0.01%−55,766−4.5%Reduced
Quantinno Capital Management LP1,186,345$47.0M0.09%−43,832−3.6%Reduced
Legal & General Group Plc1,122,516$44.5M0.01%+57,711+5.4%Added
Goldman Sachs Group Inc1,091,233$43.2M0.01%+272,677+33.3%Added
Deprince Race & Zollo Inc1,022,580$40.5M0.78%+189,385+22.7%Added
Artisan Partners Limited Partnership983,968$39.0M0.06%−182,502−15.6%Reduced
Bank of America Corp883,620$35.0M0.00%+30,019+3.5%Added
Jefferies Financial Group Inc.845,374$33.5M0.27%+706,474+508.6%Added
Allianz Asset Management GmbH818,618$32.4M0.04%+121,326+17.4%Added
Clearbridge Investments, LLC816,769$32.4M0.03%+112,751+16.0%Added
ProShare Advisors LLC783,105$31.0M0.05%−37,092−4.5%Reduced
Invesco Ltd.739,158$29.3M0.00%+37,977+5.4%Added
Sumitomo Mitsui Trust Holdings, Inc.680,971$27.0M0.02%+472,859+227.2%Added
Royal Bank of Canada662,750$26.3M0.00%+273,960+70.5%Added
Raymond James Financial Inc606,812$24.0M0.01%+2,510+0.4%Added
Lasalle Investment Management Securities LLC603,176$23.9M0.96%+603,176New
UBS Group AG592,461$23.5M0.00%−292,922−33.1%Reduced
Arbejdsmarkedets Tillaegspension591,982$23.5M0.60%+591,982New
HSBC Holdings PLC572,914$22.7M0.01%−116,653−16.9%Reduced
Agf Management Ltd546,048$21.6M0.09%−6,099−1.1%Reduced
Nuveen, LLC543,167$21.5M0.01%−77,459−12.5%Reduced
Standard Life Aberdeen plc542,371$21.5M0.03%+36,461+7.2%Added
Rhumbline Advisers522,492$20.7M0.02%−12,496−2.3%Reduced
California Public Employees Retirement System507,955$20.1M0.01%−99,208−16.3%Reduced
Sound Income Strategies, LLC469,045$20.0M0.95%+34,852+8.0%Added
Ameriprise Financial Inc502,081$19.9M0.00%−17,055−3.3%Reduced
Citadel Advisors LLC462,639$18.3M0.01%+462,639New
Verity & Verity, LLC461,055$18.3M1.42%+12,147+2.7%Added
Principal Financial Group Inc452,677$17.9M0.01%−10,782−2.3%Reduced
Two Sigma Investments, LP451,331$17.9M0.03%+279,134+162.1%Added
Snyder Capital Management L P450,306$17.8M0.33%−303,783−40.3%Reduced
Ieq Capital, LLC445,982$17.7M0.05%+28,888+6.9%Added
Gotham Asset Management, LLC444,689$17.6M0.06%+145,674+48.7%Added
Great West Life Assurance Co434,111$17.2M0.03%+35,908+9.0%Added
Voloridge Investment Management, LLC426,247$16.9M0.06%+233,866+121.6%Added
Millennium Management LLC410,061$16.3M0.01%+39,402+10.6%Added
Stifel Financial Corp395,012$15.7M0.01%−15,860−3.9%Reduced
Swiss National Bank372,200$14.8M0.01%+7,800+2.1%Added
Edgestream Partners, L.P.344,857$13.7M0.38%+172,864+100.5%Added
Asset Management One Co.,Ltd.344,447$13.6M0.04%−12,046−3.4%Reduced
Tectonic Advisors LLC337,044$13.4M0.70%+30,002+9.8%Added
Public Employees Retirement System of Ohio321,963$12.8M0.04%−9,448−2.9%Reduced
Barclays PLC310,380$12.3M0.00%+81,801+35.8%Added
Alliancebernstein L.P.295,213$11.7M0.00%−4,706−1.6%Reduced
Citigroup Inc294,024$11.7M0.01%+83,355+39.6%Added
Nomura Asset Management Co Ltd284,810$11.3M0.03%+9,960+3.6%Added
Russell Investments Group, Ltd.278,858$11.1M0.01%+84,645+43.6%Added
M&G Plc258,037$10.3M0.05%+22,347+9.5%Added
Franklin Resources Inc258,388$10.2M0.00%−48,198−15.7%Reduced
Algert Global LLC235,264$9.32M0.15%−25,101−9.6%Reduced
Retirement Systems of Alabama227,935$9.03M0.03%−313−0.1%Reduced
Envestnet Asset Management Inc220,870$8.75M0.00%−6,998−3.1%Reduced
LPL Financial LLC219,239$8.69M0.00%+743+0.3%Added
Treasurer of the State of North Carolina217,776$8.63M0.03%−157,095−41.9%Reduced
Janus Henderson Group PLC214,341$8.49M0.00%−2,217−1.0%Reduced
Wells Fargo & Company208,387$8.26M0.00%+1,583+0.8%Added
CWM, LLC208,112$8.25M0.02%+81,451+64.3%Added
Creative Planning207,794$8.23M0.01%+63,014+43.5%Added
State of Alaska, Department of Revenue193,598$7.67M0.08%−395−0.2%Reduced
New York State Teachers Retirement System192,122$7.61M0.01%−3,552−1.8%Reduced
BNP Paribas Arbitrage, SA184,430$7.31M0.00%+119,215+182.8%Added
California State Teachers Retirement System178,510$7.07M0.01%+2,459+1.4%Added
New York State Common Retirement Fund176,231$6.98M0.01%−743−0.4%Reduced
Mirae Asset Global ETFs Holdings Ltd.175,245$6.94M0.01%+17,100+10.8%Added
State Board of Administration of Florida Retirement System171,118$6.78M0.01%00.0%Unchanged
Natixis169,084$6.70M0.03%+169,084New
Voya Investment Management LLC166,665$6.60M0.01%−115,533−40.9%Reduced
Chilton Capital Management LLC161,003$6.38M0.22%−677−0.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.149,451$5.91M0.00%+7,413+5.2%Added
Price T Rowe Associates Inc148,413$5.88M0.00%−409,489−73.4%Reduced
Manufacturers Life Insurance Company, The143,445$5.68M0.00%−2,555−1.8%Reduced
Sophron Capital Management L.P.141,783$5.62M1.81%−1,553−1.1%Reduced
Commonwealth Equity Services, LLC141,187$5.60M0.01%−1,310−0.9%Reduced
Bernzott Capital Advisors137,029$5.43M2.58%−18,926−12.1%Reduced
Cerity Partners LLC136,070$5.40M0.01%+10,792+8.6%Added
Captrust Financial Advisors129,937$5.15M0.01%−5,304−3.9%Reduced
Mariner, LLC129,605$5.14M0.01%+39,730+44.2%Added
New Age Alpha Advisors, LLC129,496$5.13M0.22%−58,492−31.1%Reduced
Susquehanna Portfolio Strategies, LLC127,636$5.06M0.08%−55,052−30.1%Reduced
Natixis Advisors, L.P.126,907$5.03M0.01%+8,981+7.6%Added