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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
Amundi115,902$4.59M0.00%+16,472+16.6%Added
Quantbot Technologies LP115,530$4.58M0.15%+113,395+5,311.2%Added
First Trust Advisors LP113,068$4.48M0.00%−18,886−14.3%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)109,851$4.35M0.01%+7,673+7.5%Added
Meritage Portfolio Management109,186$4.33M0.29%+31,234+40.1%Added
Two Sigma Advisers, LP108,900$4.32M0.01%+84,500+346.3%Added
D. E. Shaw & Co., Inc.108,892$4.32M0.00%+108,892New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys108,867$4.31M0.02%−924−0.8%Reduced
Deutsche Bank AG108,117$4.28M0.00%+850+0.8%Added
Cambiar Investors LLC101,361$4.02M0.18%−20,381−16.7%Reduced
Graham Capital Management, L.P.100,320$3.98M0.14%+44,502+79.7%Added
Macquarie Group Ltd100,013$3.96M0.02%−822−0.8%Reduced
Fisher Asset Management, LLC99,217$3.93M0.00%+120.0%Added
SEI Investments Co98,067$3.89M0.00%+36,273+58.7%Added
MetLife Investment Management98,035$3.89M0.02%−4,248−4.2%Reduced
Healthcare of Ontario Pension Plan Trust Fund89,678$3.55M0.01%+89,678New
Thrivent Financial for Lutherans89,568$3.55M0.01%+9,566+12.0%Added
Van Eck Associates Corp87,975$3.49M0.00%+5,068+6.1%Added
Mercer Global Advisors Inc86,358$3.42M0.01%+15,553+22.0%Added
Amalgamated Bank83,493$3.31M0.02%−2,990−3.5%Reduced
Marshall Wace, LLP83,237$3.30M0.00%+83,237New
Nisa Investment Advisors, LLC82,777$3.28M0.01%−7,891−8.7%Reduced
Wealth Enhancement Advisory Services, LLC80,731$3.26M0.00%−1,524−1.9%Reduced
Point72 Asset Management, L.P.82,194$3.26M0.01%+82,194New
Balyasny Asset Management LLC81,272$3.22M0.01%+81,272New
Resona Asset Management Co.,Ltd.80,043$3.17M0.02%−3,289−3.9%Reduced
Mutual of America Capital Management LLC79,040$3.13M0.03%−8,145−9.3%Reduced
Police & Firemen's Retirement System of New Jersey78,738$3.12M0.03%−4,837−5.8%Reduced
Ameritas Investment Partners, Inc.76,081$3.02M0.09%−2,532−3.2%Reduced
Daiwa Securities Group Inc.75,228$2.98M0.01%+3,956+5.6%Added
American Century Companies Inc74,203$2.94M0.00%+2,906+4.1%Added
Systematic Financial Management LP73,540$2.91M0.07%+12,765+21.0%Added
State of Tennessee, Treasury Department68,738$2.86M0.01%−2,944−4.1%Reduced
Janney Montgomery Scott LLC71,823$2.85M0.01%−3,815−5.0%Reduced
Advisor Group Holdings, Inc.71,116$2.82M0.00%−25,935−26.7%Reduced
Yousif Capital Management, LLC64,594$2.76M0.03%−1,113−1.7%Reduced
Y-Intercept (Hong Kong) Ltd69,108$2.74M0.06%+15,378+28.6%Added
Quest Partners LLC68,267$2.71M0.15%+59,560+684.0%Added
Ontario Teachers Pension Plan Board68,051$2.70M0.06%+50,050+278.0%Added
Handelsbanken Fonder AB67,800$2.69M0.01%+700+1.0%Added
Johnson Investment Counsel Inc67,569$2.68M0.02%+3,120+4.8%Added
Colony Group, LLC66,500$2.64M0.00%+37,090+126.1%Added
Investor's Fiduciary Advisor Network, LLC64,723$2.56M0.55%−1,697−2.6%Reduced
Exchange Traded Concepts, LLC63,462$2.51M0.02%−66,261−51.1%Reduced
Wiley Bros.-Aintree Capital, LLC60,947$2.42M0.01%−3,427−5.3%Reduced
Jane Street Group, LLC59,425$2.36M0.00%+34,688+140.2%Added
TT Capital Management LLC58,357$2.31M1.84%+20,869+55.7%Added
DekaBank Deutsche Girozentrale51,182$2.28M0.00%00.0%Unchanged
Values First Advisors, Inc.56,728$2.25M1.17%+138+0.2%Added
CI Private Wealth, LLC55,671$2.21M0.00%+17,735+46.7%Added
Caxton Associates LLP54,067$2.14M0.04%00.0%Unchanged
Teachers Retirement System of the State of Kentucky54,005$2.14M0.02%00.0%Unchanged
Arizona State Retirement System52,874$2.10M0.01%−2,743−4.9%Reduced
Louisiana State Employees Retirement System52,600$2.08M0.04%00.0%Unchanged
Magnetar Financial LLC52,580$2.08M0.02%+42,500+421.6%Added
State of New Jersey Common Pension Fund D52,402$2.08M0.01%+1,914+3.8%Added
Southland Equity Partners LLC49,981$1.98M0.39%−1,592−3.1%Reduced
Truist Financial Corp49,771$1.97M0.00%+1,977+4.1%Added
Red Spruce Capital, LLC49,501$1.96M0.78%+1,452+3.0%Added
KLP Kapitalforvaltning AS48,900$1.94M0.01%+1,100+2.3%Added
CIBC World Markets Corp47,799$1.89M0.01%+47,799New
Adams Asset Advisors, LLC47,524$1.88M0.25%+4,412+10.2%Added
Universal- Beteiligungs- und Servicegesellschaft mbH46,374$1.84M0.00%+2,043+4.6%Added
Albion Financial Group45,966$1.82M0.11%−7,114−13.4%Reduced
Metis Global Partners, LLC44,923$1.78M0.04%+2,554+6.0%Added
State of Michigan Retirement System44,884$1.78M0.01%−100−0.2%Reduced
Pensionfund DSM Netherlands43,200$1.71M1.13%00.0%Unchanged
Bridgewater Associates, LP42,663$1.69M0.01%+2,944+7.4%Added
Northwestern Mutual Investment Management Company, LLC42,492$1.68M0.02%+414+1.0%Added
Pasadena Private Wealth, LLC42,041$1.67M0.23%+42,041New
Sumitomo Mitsui DS Asset Management Company, Ltd41,496$1.64M0.01%00.0%Unchanged
Cetera Investment Advisers41,420$1.64M0.00%−1,043−2.5%Reduced
Riverwater Partners LLC40,403$1.60M0.62%+6,525+19.3%Added
Weaver C. Barksdale & Associates, Inc.38,880$1.54M1.62%−4,788−11.0%Reduced
UniSuper Management Pty Ltd38,600$1.53M0.01%−14,800−27.7%Reduced
Sequoia Financial Advisors, LLC38,553$1.53M0.01%+11,099+40.4%Added
Quadrant Capital Group LLC37,770$1.50M0.05%+27,855+280.9%Added
Oregon Public Employees Retirement Fund37,701$1.49M0.02%−300−0.8%Reduced
New Mexico Educational Retirement Board37,100$1.47M0.04%00.0%Unchanged
JustInvest LLC36,536$1.45M0.01%−11,681−24.2%Reduced
Penserra Capital Management LLC34,891$1.38M0.02%+2,639+8.2%Added
Capital Management Associates, Inc34,707$1.38M0.30%−3,030−8.0%Reduced
Assetmark, Inc33,957$1.35M0.00%+1,889+5.9%Added
Cambridge Investment Research Advisors, Inc.33,909$1.34M0.00%−247−0.7%Reduced
Mfg Wealth Management, Inc.33,204$1.32M1.03%+273+0.8%Added
Pathstone Holdings, LLC32,946$1.31M0.01%−970−2.9%Reduced
Tudor Investment Corp Et Al32,794$1.30M0.01%+32,794New
Teacher Retirement System of Texas32,109$1.27M0.00%−18,129−36.1%Reduced
COFG Advisors, LLC31,582$1.25M0.31%+31,582New
Utah Retirement Systems30,925$1.23M0.01%00.0%Unchanged
IFM Investors Pty Ltd30,472$1.21M0.01%+21+0.1%Added
Schnieders Capital Management, LLC.30,341$1.20M0.19%−100−0.3%Reduced
Horizon Investments, LLC30,321$1.20M0.02%−46,701−60.6%Reduced
Federation des caisses Desjardins du Quebec30,124$1.19M0.00%+5,661+23.1%Added
SG Americas Securities, LLC29,934$1.19M0.00%−42,476−58.7%Reduced
Summit Trail Advisors, LLC29,115$1.15M0.02%−27,945−49.0%Reduced
Bank of Montreal29,001$1.15M0.00%−10,195−26.0%Reduced
Burford Brothers, Inc.28,907$1.15M0.47%+28,907New
Nissay Asset Management Corp28,771$1.14M0.01%+1,093+3.9%Added
Pictet Asset Management Holding SA28,761$1.14M0.00%+2,440+9.3%Added