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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
Legal & General Group Plc1,122,516$44.5M0.01%+57,711+5.4%Added
Quantinno Capital Management LP1,186,345$47.0M0.09%−43,832−3.6%Reduced
UBS Asset Management Americas Inc1,191,557$47.2M0.01%−55,766−4.5%Reduced
Hudson Bay Capital Management LP1,415,961$56.1M0.32%+814,976+135.6%Added
Equity Investment Corp1,550,997$61.5M1.24%−4,494−0.3%Reduced
Mondrian Investment Partners LTD1,796,183$71.2M1.17%−55,204−3.0%Reduced
Northern Trust Corp1,857,171$73.6M0.01%−89,957−4.6%Reduced
Bank of New York Mellon Corp1,893,021$75.0M0.01%−141,557−7.0%Reduced
Morgan Stanley2,499,244$99.0M0.01%+107,889+4.5%Added
Norges Bank2,726,848$108.1M0.01%+2,726,848New
Dimensional Fund Advisors LP2,744,434$108.8M0.02%+33,102+1.2%Added
Charles Schwab Investment Management Inc2,847,591$112.9M0.02%+115,378+4.2%Added
Federated Hermes, Inc.3,036,523$120.3M0.20%+71,275+2.4%Added
Massachusetts Financial Services Co3,334,857$132.2M0.04%+161,160+5.1%Added
JPMorgan Chase & Co3,362,208$133.2M0.01%+548,414+19.5%Added
AQR Capital Management LLC3,692,783$146.3M0.08%+411,769+12.6%Added
Northwood Liquid Management LP3,833,086$151.9M9.49%+763,333+24.9%Added
Geode Capital Management, LLC4,167,840$165.2M0.01%+347,143+9.1%Added
Victory Capital Management Inc9,494,190$376.3M0.21%−382,557−3.9%Reduced
State Street Corp11,449,621$453.7M0.02%−576,303−4.8%Reduced
FMR LLC20,209,835$800.9M0.04%−611,350−2.9%Reduced
BlackRock, Inc.25,391,988$1.01B0.02%+497,529+2.0%Added
Vanguard Group Inc26,238,298$1.04B0.02%−83,324−0.3%Reduced
Centersquare Investment Management LLC0$00.00%−1,420,526−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−710,256−100.0%Sold out
Freestone Grove Partners LP0$00.00%−494,444−100.0%Sold out
Jain Global LLC0$00.00%−224,616−100.0%Sold out
Capital World Investors0$00.00%−146,025−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−72,459−100.0%Sold out
Murphy, Middleton, Hinkle & Parker, Inc.0$00.00%−30,466−100.0%Sold out
Elo Mutual Pension Insurance Co0$00.00%−28,432−100.0%Sold out
Engineers Gate Manager LP0$00.00%−25,251−100.0%Sold out
Brighton Jones LLC0$00.00%−17,944−100.0%Sold out
Impact Partnership Wealth, LLC0$00.00%−13,045−100.0%Sold out
Iat Reinsurance Co Ltd.0$00.00%−13,000−100.0%Sold out
Vanderbilt University0$00.00%−12,800−100.0%Sold out
Farringdon Capital, Ltd.0$00.00%−11,979−100.0%Sold out
Catalytic Wealth RIA, LLC0$00.00%−11,663−100.0%Sold out
FJ Capital Management LLC0$00.00%−11,568−100.0%Sold out
Empowered Funds, LLC0$00.00%−11,220−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−10,623−100.0%Sold out
Verition Fund Management LLC0$00.00%−10,400−100.0%Sold out
Griffin Asset Management, Inc.0$00.00%−9,794−100.0%Sold out
Gateway Investment Advisers LLC0$00.00%−8,715−100.0%Sold out
Alpha Cubed Investments, LLC0$00.00%−8,375−100.0%Sold out
Endeavor Private Wealth, Inc.0$00.00%−7,931−100.0%Sold out
NorthRock Partners, LLC0$00.00%−7,684−100.0%Sold out
Strengthening Families & Communities, LLC0$00.00%−7,285−100.0%Sold out
111 Capital0$00.00%−7,540−100.0%Sold out
Albert D Mason Inc0$00.00%−6,835−100.0%Sold out
Stephens Inc0$00.00%−6,595−100.0%Sold out
Legacy Capital Wealth Partners, LLC0$00.00%−6,223−100.0%Sold out
First Financial Bank - Trust Division0$00.00%−5,195−100.0%Sold out
Warren Averett Asset Management, LLC0$00.00%−5,172−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−5,152−100.0%Sold out
one8zero8, LLC0$00.00%−5,000−100.0%Sold out
Kestra Private Wealth Services, LLC0$00.00%−4,926−100.0%Sold out
Journey Strategic Wealth LLC0$00.00%−4,897−100.0%Sold out
Evoke Wealth, LLC0$00.00%−4,852−100.0%Sold out
Resources Investment Advisors, LLC.0$00.00%−4,846−100.0%Sold out
Capital City Trust Co0$00.00%−4,734−100.0%Sold out
Capital Performance Advisors LLP0$00.00%−4,707−100.0%Sold out
Bayforest Capital Ltd0$00.00%−4,525−100.0%Sold out
Advisory Services Network, LLC0$00.00%−3,272−100.0%Sold out
Wealthspire Advisors, LLC0$00.00%−2,569−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−2,453−100.0%Sold out
Ci Investments Inc.0$00.00%−2,290−100.0%Sold out
Security National Bank0$00.00%−2,075−100.0%Sold out
Principal Securities, Inc.0$00.00%−1,776−100.0%Sold out
Stephenson National Bank & Trust0$00.00%−1,527−100.0%Sold out
Rise Advisors, LLC0$00.00%−334−100.0%Sold out
Proffitt & Goodson Inc0$00.00%−140−100.0%Sold out
Meeder Asset Management Inc0$00.00%−117−100.0%Sold out
Dogwood Wealth Management LLC0$00.00%−40−100.0%Sold out
TD Waterhouse Canada Inc.0$00.00%−15−100.0%Sold out
Tortoise Investment Management, LLC0$00.00%−2−100.0%Sold out
CIBC Bancorp USA Inc.––––Not filed
Wolverine Trading, LLC––––Not filed
Wetherby Asset Management Inc––––Not filed
Shell Asset Management Co––––Not filed
Abich Financial Wealth Management LLC––––Not filed
Guerra Advisors Inc––––Not filed
Hemington Wealth Management––––Not filed