$NNN

$41.74 -$0.29 (0.69%) Close

$NNN Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 191.9M shares outstanding

Who owns NNN?

By type of holder

Institutions 99.2% Insiders 0.8% Everyone else 0.0%

Concentration Top 10 holders own 54.1%

BlackRock, Inc. 13.9% · FMR LLC 6.0%

Institutional ownership

99.2%

+6.2 pts vs last qtr

Institutional holders

601

+55 vs last qtr

Net shares bought

+12.0M

by institutions in Q2 2026

New / sold out

98 / 43

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Aqr Capital Management LLC +5.9M
Cohen & Steers, Inc. +4.7M

Biggest sellers in Q2 2026

FMR LLC −7.8M
Victory Capital Management Inc −2.3M

Who is planning to sell?

Notices of proposed sale, last 12 months

$1.67M

2 notices from 2 people

Shares covered

37.2K

0.02% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Stephen A. Horn, Jr. Affiliate $1.5M
Miller Michelle Lynn Director $175K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+30.0%

+2.95% a year

Each share's claim on the business

−23.0%

shrank without buying or selling a share

Diluted shares, split-adjusted

How patient are the owners?

Institutional shares by how long they've been held

5+ years77% 3–5 years5% 1–3 years7% Under 1 year11%

Quarterly turnover

12.8%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting NNN on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	26.7M	13.92%	+780.0K (+3.0%)	≤2021	0.0%
Shares held by quarter Peak holding26.7M (Q2'26) Change over 8 quarters+4.9M Share of the company13.920% BlackRock, Inc.'s full portfolio →
F FMR LLC	11.4M	5.96%	−7.8M (−40.5%)	≤2021	0.0%
Shares held by quarter Peak holding20.8M (Q3'25) Change over 8 quarters−1.5M Share of the company5.960% FMR LLC's full portfolio →

BlackRock, Inc.

26.7M

% of company

13.92%

Change vs last qtr

+780.0K (+3.0%)

Held since

≤2021

FMR LLC

11.4M

% of company

5.96%

Change vs last qtr

−7.8M (−40.5%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding NNN REIT, Inc., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting NNN on Form N-PORT; together they hold 44.7% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VR Vanguard Real Estate Index Fund Vanguard Specialized Funds	$344M	7.2M	3.77%	0.47%	July 31, 2026
IC iShares Core S&P Mid-Cap ETF iShares Trust	$303M	6.5M	3.39%	0.24%	June 30, 2026

Vanguard Real Estate Index Fund

Vanguard Specialized Funds

Position value

$344M

% of company

3.77%

% of the fund

0.47%

As of

July 31, 2026

iShares Core S&P Mid-Cap ETF

iShares Trust

Position value

$303M

% of company

3.39%

% of the fund

0.24%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding NNN REIT, Inc. and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
HS Horn Stephen A JR Insider	822.7K	0.43%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.430% Horn Stephen A JR's insider activity →
HK Habicht Kevin B Insider	379.1K	0.20%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.200% Habicht Kevin B's insider activity →

Horn Stephen A JR

Insider

822.7K

% of company

0.43%

Change vs last qtr

—

Held since

—

Habicht Kevin B

Insider

379.1K

% of company

0.20%

Change vs last qtr

—

Held since

—

12 more holders behind a free account

See every insider and 5%+ holder of NNN REIT, Inc..

Comments