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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
Wealth Enhancement Advisory Services, LLC80,731$3.26M0.00%−1,524−1.9%Reduced
Nisa Investment Advisors, LLC82,777$3.28M0.01%−7,891−8.7%Reduced
Marshall Wace, LLP83,237$3.30M0.00%+83,237New
Amalgamated Bank83,493$3.31M0.02%−2,990−3.5%Reduced
Mercer Global Advisors Inc86,358$3.42M0.01%+15,553+22.0%Added
Van Eck Associates Corp87,975$3.49M0.00%+5,068+6.1%Added
Thrivent Financial for Lutherans89,568$3.55M0.01%+9,566+12.0%Added
Healthcare of Ontario Pension Plan Trust Fund89,678$3.55M0.01%+89,678New
MetLife Investment Management98,035$3.89M0.02%−4,248−4.2%Reduced
SEI Investments Co98,067$3.89M0.00%+36,273+58.7%Added
Fisher Asset Management, LLC99,217$3.93M0.00%+120.0%Added
Macquarie Group Ltd100,013$3.96M0.02%−822−0.8%Reduced
Graham Capital Management, L.P.100,320$3.98M0.14%+44,502+79.7%Added
Cambiar Investors LLC101,361$4.02M0.18%−20,381−16.7%Reduced
Deutsche Bank AG108,117$4.28M0.00%+850+0.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys108,867$4.31M0.02%−924−0.8%Reduced
D. E. Shaw & Co., Inc.108,892$4.32M0.00%+108,892New
Two Sigma Advisers, LP108,900$4.32M0.01%+84,500+346.3%Added
Meritage Portfolio Management109,186$4.33M0.29%+31,234+40.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)109,851$4.35M0.01%+7,673+7.5%Added
First Trust Advisors LP113,068$4.48M0.00%−18,886−14.3%Reduced
Quantbot Technologies LP115,530$4.58M0.15%+113,395+5,311.2%Added
Amundi115,902$4.59M0.00%+16,472+16.6%Added
Natixis Advisors, L.P.126,907$5.03M0.01%+8,981+7.6%Added
Susquehanna Portfolio Strategies, LLC127,636$5.06M0.08%−55,052−30.1%Reduced
New Age Alpha Advisors, LLC129,496$5.13M0.22%−58,492−31.1%Reduced
Mariner, LLC129,605$5.14M0.01%+39,730+44.2%Added
Captrust Financial Advisors129,937$5.15M0.01%−5,304−3.9%Reduced
Cerity Partners LLC136,070$5.40M0.01%+10,792+8.6%Added
Bernzott Capital Advisors137,029$5.43M2.58%−18,926−12.1%Reduced
Commonwealth Equity Services, LLC141,187$5.60M0.01%−1,310−0.9%Reduced
Sophron Capital Management L.P.141,783$5.62M1.81%−1,553−1.1%Reduced
Manufacturers Life Insurance Company, The143,445$5.68M0.00%−2,555−1.8%Reduced
Price T Rowe Associates Inc148,413$5.88M0.00%−409,489−73.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.149,451$5.91M0.00%+7,413+5.2%Added
Chilton Capital Management LLC161,003$6.38M0.22%−677−0.4%Reduced
Voya Investment Management LLC166,665$6.60M0.01%−115,533−40.9%Reduced
Natixis169,084$6.70M0.03%+169,084New
State Board of Administration of Florida Retirement System171,118$6.78M0.01%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.175,245$6.94M0.01%+17,100+10.8%Added
New York State Common Retirement Fund176,231$6.98M0.01%−743−0.4%Reduced
California State Teachers Retirement System178,510$7.07M0.01%+2,459+1.4%Added
BNP Paribas Arbitrage, SA184,430$7.31M0.00%+119,215+182.8%Added
New York State Teachers Retirement System192,122$7.61M0.01%−3,552−1.8%Reduced
State of Alaska, Department of Revenue193,598$7.67M0.08%−395−0.2%Reduced
Creative Planning207,794$8.23M0.01%+63,014+43.5%Added
CWM, LLC208,112$8.25M0.02%+81,451+64.3%Added
Wells Fargo & Company208,387$8.26M0.00%+1,583+0.8%Added
Janus Henderson Group PLC214,341$8.49M0.00%−2,217−1.0%Reduced
Treasurer of the State of North Carolina217,776$8.63M0.03%−157,095−41.9%Reduced
LPL Financial LLC219,239$8.69M0.00%+743+0.3%Added
Envestnet Asset Management Inc220,870$8.75M0.00%−6,998−3.1%Reduced
Retirement Systems of Alabama227,935$9.03M0.03%−313−0.1%Reduced
Algert Global LLC235,264$9.32M0.15%−25,101−9.6%Reduced
Franklin Resources Inc258,388$10.2M0.00%−48,198−15.7%Reduced
M&G Plc258,037$10.3M0.05%+22,347+9.5%Added
Russell Investments Group, Ltd.278,858$11.1M0.01%+84,645+43.6%Added
Nomura Asset Management Co Ltd284,810$11.3M0.03%+9,960+3.6%Added
Citigroup Inc294,024$11.7M0.01%+83,355+39.6%Added
Alliancebernstein L.P.295,213$11.7M0.00%−4,706−1.6%Reduced
Barclays PLC310,380$12.3M0.00%+81,801+35.8%Added
Public Employees Retirement System of Ohio321,963$12.8M0.04%−9,448−2.9%Reduced
Tectonic Advisors LLC337,044$13.4M0.70%+30,002+9.8%Added
Asset Management One Co.,Ltd.344,447$13.6M0.04%−12,046−3.4%Reduced
Edgestream Partners, L.P.344,857$13.7M0.38%+172,864+100.5%Added
Swiss National Bank372,200$14.8M0.01%+7,800+2.1%Added
Stifel Financial Corp395,012$15.7M0.01%−15,860−3.9%Reduced
Millennium Management LLC410,061$16.3M0.01%+39,402+10.6%Added
Voloridge Investment Management, LLC426,247$16.9M0.06%+233,866+121.6%Added
Great West Life Assurance Co434,111$17.2M0.03%+35,908+9.0%Added
Gotham Asset Management, LLC444,689$17.6M0.06%+145,674+48.7%Added
Ieq Capital, LLC445,982$17.7M0.05%+28,888+6.9%Added
Snyder Capital Management L P450,306$17.8M0.33%−303,783−40.3%Reduced
Two Sigma Investments, LP451,331$17.9M0.03%+279,134+162.1%Added
Principal Financial Group Inc452,677$17.9M0.01%−10,782−2.3%Reduced
Verity & Verity, LLC461,055$18.3M1.42%+12,147+2.7%Added
Citadel Advisors LLC462,639$18.3M0.01%+462,639New
Ameriprise Financial Inc502,081$19.9M0.00%−17,055−3.3%Reduced
Sound Income Strategies, LLC469,045$20.0M0.95%+34,852+8.0%Added
California Public Employees Retirement System507,955$20.1M0.01%−99,208−16.3%Reduced
Rhumbline Advisers522,492$20.7M0.02%−12,496−2.3%Reduced
Standard Life Aberdeen plc542,371$21.5M0.03%+36,461+7.2%Added
Nuveen, LLC543,167$21.5M0.01%−77,459−12.5%Reduced
Agf Management Ltd546,048$21.6M0.09%−6,099−1.1%Reduced
HSBC Holdings PLC572,914$22.7M0.01%−116,653−16.9%Reduced
Arbejdsmarkedets Tillaegspension591,982$23.5M0.60%+591,982New
UBS Group AG592,461$23.5M0.00%−292,922−33.1%Reduced
Lasalle Investment Management Securities LLC603,176$23.9M0.96%+603,176New
Raymond James Financial Inc606,812$24.0M0.01%+2,510+0.4%Added
Royal Bank of Canada662,750$26.3M0.00%+273,960+70.5%Added
Sumitomo Mitsui Trust Holdings, Inc.680,971$27.0M0.02%+472,859+227.2%Added
Invesco Ltd.739,158$29.3M0.00%+37,977+5.4%Added
ProShare Advisors LLC783,105$31.0M0.05%−37,092−4.5%Reduced
Clearbridge Investments, LLC816,769$32.4M0.03%+112,751+16.0%Added
Allianz Asset Management GmbH818,618$32.4M0.04%+121,326+17.4%Added
Jefferies Financial Group Inc.845,374$33.5M0.27%+706,474+508.6%Added
Bank of America Corp883,620$35.0M0.00%+30,019+3.5%Added
Artisan Partners Limited Partnership983,968$39.0M0.06%−182,502−15.6%Reduced
Deprince Race & Zollo Inc1,022,580$40.5M0.78%+189,385+22.7%Added
Goldman Sachs Group Inc1,091,233$43.2M0.01%+272,677+33.3%Added