NNN REITNNN
13F holders, Q4 2024 (December 31)At the end of Q4 2024, 488 institutions reported holding NNN REIT Inc. (NNN) in their 13F filings, down 10 from Q3 2024. 35 opened new positions and 64 sold out. The largest holders were Vanguard Group Inc. ($1.1B), BlackRock, Inc. ($924.5M) and FMR LLC ($648.3M). 7 famous investors held it, including Ken Griffin (0.0% of Citadel Advisors's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).
- Company
- NNN REIT Inc.
- CUSIP
- 637417106
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 35 | $37.1M |
| Exits | 64 | $108.7M |
All 13F filers, Q3 2024 → Q4 2024: 12,725,370 shares bought and 10,384,100 shares sold, net +2,341,270 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 488 holders
| Vanguard Group Inc. | 0.02% | Add +1.0% | 26,356,735 | $1.1B |
| BlackRock, Inc. | 0.02% | Add +3.9% | 22,630,476 | $924.5M |
| FMR LLC | 0.04% | Add +22.5% | 15,871,090 | $648.3M |
| State Street Corp. | 0.02% | Add +5.5% | 12,069,498 | $493.0M |
| Victory Capital Management Inc. | 0.48% | Reduce -4.8% | 11,698,576 | $477.9M |
| Principal Financial Group Inc. | 0.12% | Reduce -14.8% | 5,309,777 | $216.9M |
| Geode Capital Management, LLC | 0.01% | Add +2.8% | 3,536,973 | $144.5M |
| Massachusetts Financial Services Co. | 0.04% | Reduce -1.3% | 3,292,995 | $134.5M |
| Rush Island Management, LP | 8.16% | Add +9.6% | 3,003,606 | $122.7M |
| Dimensional Fund Advisors LP | 0.03% | Add +0.7% | 2,785,431 | $113.8M |
| Centersquare Investment Management LLC | 1.19% | Reduce -5.1% | 2,763,899 | $112.9M |
| Federated Hermes, Inc. | 0.24% | Add +18.1% | 2,706,002 | $110.5M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +3.7% | 2,601,456 | $106.3M |
| JPMorgan Chase & Co. | 0.01% | Reduce -8.4% | 2,490,432 | $101.7M |
| Morgan Stanley | 0.01% | Add +7.0% | 2,306,451 | $94.2M |
| Norges Bank | 0.01% | Add +3.7% | 2,300,675 | $94.0M |
| Bank of New York Mellon Corp | 0.02% | Add +3.2% | 2,131,067 | $87.1M |
| Northern Trust Corp. | 0.01% | Add +34.3% | 2,047,709 | $83.6M |
| Mondrian Investment Partners LTD | 1.20% | Reduce -1.8% | 1,835,889 | $72.3M |
| Vaughan Nelson Investment Management, L.P. | 0.57% | Add +3.3% | 1,491,946 | $60.9M |
| Long Pond Capital, LP | 3.20% | Reduce -17.3% | 1,483,845 | $60.6M |
| Equity Investment Corp. | 1.38% | Add +0.4% | 1,441,632 | $58.9M |
| Citadel Advisors | 0.05% | Add +248152.5% | 1,295,878 | $52.9M |
| Artisan Partners Limited Partnership | 0.08% | Add +0.1% | 1,252,859 | $51.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +3.8% | 1,211,269 | $49.5M |
| Wells Fargo & Company | 0.01% | Reduce -2.2% | 1,210,862 | $49.5M |
| Legal & General Group Plc | 0.01% | Reduce -7.1% | 1,133,672 | $46.3M |
| UBS Group AG | 0.01% | Add +129.5% | 1,030,654 | $42.1M |
| T. Rowe Price Associates Inc. | 0.00% | Add +3.9% | 907,922 | $37.1M |
| AQR Capital Management | 0.05% | Reduce -10.2% | 866,763 | $35.3M |
| California Public Employees Retirement System | 0.02% | Reduce -1.9% | 858,036 | $35.1M |
| Qube Research & Technologies Ltd | 0.05% | Add +378.9% | 799,695 | $32.7M |
| Snyder Capital Management L P | 0.64% | Add +15.7% | 754,169 | $30.8M |
| Nuveen Asset Management, LLC | 0.01% | Reduce -14.8% | 741,390 | $30.3M |
| Invesco Ltd. | 0.01% | Add +16.0% | 735,999 | $30.1M |
| Goldman Sachs Group Inc. | 0.01% | Add +19.6% | 709,967 | $29.0M |
| ProShare Advisors LLC | 0.07% | Reduce -0.2% | 706,103 | $28.8M |
| Clearbridge Investments, LLC | 0.02% | Reduce -0.3% | 663,322 | $27.1M |
| Royal Bank of Canada | 0.01% | Reduce -70.2% | 624,188 | $25.5M |
| Ameriprise Financial Inc. | 0.01% | Reduce -3.0% | 592,342 | $24.2M |
| Raymond James Financial Inc. | 0.01% | — | 591,006 | $24.1M |
| Agf Management Ltd. | 0.11% | Add +4.8% | 553,707 | $22.6M |
| Rhumbline Advisers | 0.02% | Add +4.2% | 546,647 | $22.3M |
| Bank of America Corp. | 0.00% | Reduce -23.9% | 537,040 | $21.9M |
| Prudential Financial Inc. | 0.03% | Reduce -66.5% | 527,405 | $21.5M |
| HSBC Holdings PLC | 0.01% | Reduce -16.2% | 486,791 | $19.9M |
| Schonfeld Strategic Advisors LLC | 0.12% | Add +6599.4% | 482,155 | $19.7M |
| Two Sigma Advisers, LP | 0.04% | Add +47.6% | 419,800 | $17.1M |
| Natixis Advisors, LLC | 0.03% | Add +3.4% | 392,991 | $16.1M |
| Wealth Enhancement Advisory Services, LLC | 0.03% | Add +1173.6% | 384,405 | $15.7M |
| Aberdeen Group plc | 0.03% | Reduce -19.6% | 367,100 | $14.8M |
| Swiss National Bank | 0.01% | Add +0.9% | 361,300 | $14.8M |
| Two Sigma Investments, LP | 0.04% | Reduce -4.3% | 355,486 | $14.5M |
| Asset Management One Co., Ltd. | 0.05% | Reduce -0.5% | 350,822 | $14.2M |
| Sound Income Strategies, LLC | 0.87% | Add +9.6% | 345,264 | $14.1M |
| CANADA LIFE ASSURANCE Co | 0.02% | Add +5.6% | 341,448 | $13.9M |
| Public Employees Retirement System of Ohio | 0.05% | Add +0.2% | 335,417 | $13.7M |
| Masterton Capital Management, LP | 7.44% | Add +23.3% | 321,452 | $13.1M |
| Goodman Financial Corp | 2.61% | Add +3.1% | 299,115 | $12.2M |
| Allianz Asset Management GmbH | 0.02% | Add +3.3% | 294,649 | $12.0M |
| Alliancebernstein L.P. | 0.00% | Add +3.3% | 290,188 | $11.9M |
| Voloridge Investment Management, LLC | 0.04% | Reduce -57.2% | 286,292 | $11.7M |
| Ceredex Value Advisors LLC | 0.23% | Reduce -8.2% | 283,576 | $11.6M |
| Waterfront Capital Partners, LLC | 2.14% | New | 280,539 | $11.5M |
| Verity & Verity, LLC | 0.99% | Add +8.7% | 264,399 | $10.8M |
| M&G PLC | 0.07% | Reduce -3.6% | 252,056 | $10.3M |
| LPL Financial LLC | 0.00% | Add +0.3% | 250,930 | $10.3M |
| Nomura Asset Management Co. Ltd. | 0.03% | Add +4.9% | 249,794 | $10.2M |
| Chilton Capital Management LLC | 0.43% | Reduce -10.5% | 249,157 | $10.2M |
| Envestnet Asset Management Inc. | 0.00% | Add +1.8% | 241,586 | $9.9M |
| Cambiar Investors LLC | 0.39% | Reduce -11.6% | 240,212 | $9.8M |
| Retirement Systems of Alabama | 0.03% | Add +2.2% | 228,016 | $9.3M |
| New York State Teachers Retirement System | 0.02% | Reduce -15.7% | 224,910 | $9.2M |
| Quantinno Capital Management LP | 0.09% | Add +16.3% | 222,660 | $9.1M |
| Renaissance Technologies | 0.01% | Add +349.4% | 216,600 | $8.8M |
| Susquehanna Fundamental Investments, LLC | 0.15% | — | 216,250 | $8.8M |
| Tectonic Advisors LLC | 0.58% | Add +17.8% | 215,748 | $8.8M |
| Gilman Hill Asset Management, LLC | 1.53% | Reduce -8.5% | 214,915 | $8.8M |
| Corebridge Financial, Inc. | 0.05% | Reduce -2.3% | 212,184 | $8.7M |
| Verition Fund Management LLC | 0.04% | Add +2218.5% | 210,983 | $8.6M |
| Voya Investment Management LLC | 0.01% | Add +717.0% | 208,737 | $8.5M |
| Sumitomo Mitsui Trust Group, Inc. | 0.01% | Add +1.2% | 202,738 | $8.3M |
| State of Alaska, Department of Revenue | 0.09% | Add +1.9% | 193,615 | $7.9M |
| Franklin Resources Inc. | 0.00% | Reduce -32.9% | 190,478 | $7.8M |
| Westwood Holdings Group Inc. | 0.06% | Reduce -12.3% | 188,515 | $7.7M |
| New Age Alpha Advisors, LLC | 0.31% | New | 186,122 | $7.6M |
| Janus Henderson Group PLC | 0.00% | Add +4.4% | 184,164 | $7.5M |
| Treasurer of the State of North Carolina | 0.03% | Add +3.8% | 184,090 | $7.5M |
| California State Teachers Retirement System | 0.01% | Reduce -0.8% | 172,055 | $7.0M |
| State Board of Administration of Florida Retirement System | 0.01% | No change | 171,687 | $7.0M |
| Manufacturers Life Insurance Company, The | 0.01% | Reduce -4.8% | 162,203 | $6.6M |
| Barclays PLC | 0.00% | Add +16.5% | 159,744 | $6.5M |
| Commonwealth Equity Services, LLC | 0.01% | Reduce -20.7% | 150,945 | $6.2M |
| Stifel Financial Corp. | 0.01% | Add +11.8% | 146,605 | $6.0M |
| First Trust Advisors LP | 0.01% | Add +6.8% | 143,518 | $5.9M |
| Bernzott Capital Advisors | 2.85% | Reduce -8.9% | 141,267 | $5.8M |
| Citigroup Inc. | 0.01% | Add +6.9% | 140,520 | $5.7M |
| CBRE Investment Management Listed Real Assets LLC | 0.10% | Reduce -83.1% | 139,347 | $5.7M |
| Nisa Investment Advisors, LLC | 0.02% | Reduce -2.7% | 138,140 | $5.6M |
| Janney Montgomery Scott LLC | 0.01% | Reduce -4.8% | 132,083 | $5.4M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | Add +3.8% | 123,729 | $5.0M |
| Fisher Asset Management | 0.00% | Reduce -0.5% | 119,667 | $4.9M |
| Sophron Capital Management L.P. | 1.90% | — | 117,826 | $4.8M |
| BNP Paribas Financial Markets | 0.00% | Reduce -16.0% | 117,793 | $4.8M |
| Captrust Financial Advisors | 0.01% | Reduce -1.1% | 114,371 | $4.7M |
| MetLife Investment Management, LLC | 0.02% | Add +10.7% | 111,199 | $4.5M |
| Danske Bank A/S | 0.01% | Reduce -66.6% | 111,060 | $4.5M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.03% | Add +41.4% | 102,094 | $4.2M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.01% | Add +45.7% | 100,915 | $4.1M |
| Mutual of America Capital Management LLC | 0.04% | Reduce -0.2% | 99,059 | $4.0M |
| Amundi | 0.00% | Reduce -27.8% | 100,896 | $3.9M |
| New York State Common Retirement Fund | 0.01% | Reduce -5.0% | 95,574 | $3.9M |
| Exchange Traded Concepts, LLC | 0.08% | Reduce -9.8% | 95,004 | $3.9M |
| Deutsche Bank AG | 0.00% | Reduce -32.9% | 93,791 | $3.8M |
| SG Americas Securities, LLC | 0.02% | Add +3469.0% | 91,294 | $3.7M |
| Amalgamated Bank | 0.03% | Add +1.7% | 88,960 | $3.6M |
| Albion Financial Group | 0.24% | Reduce -2.7% | 84,132 | $3.4M |
| Macquarie Group Ltd. | 0.00% | Add +3.8% | 83,779 | $3.4M |
| Ameritas Investment Partners, Inc. | 0.10% | Add +3.0% | 78,980 | $3.2M |
| Resona Asset Management Co.,Ltd. | 0.02% | Add +4.1% | 74,670 | $3.0M |
| Schroder Investment Management Group | 0.00% | Reduce -6.5% | 74,921 | $3.0M |
| Yousif Capital Management, LLC | 0.03% | Reduce -2.4% | 71,875 | $2.9M |
| Osaic Holdings, Inc. | 0.01% | Reduce -10.4% | 71,862 | $2.9M |
| State of Tennessee, Department of Treasury | 0.01% | Reduce -2.7% | 71,682 | $2.9M |
| STRS Ohio | 0.01% | Add +43.8% | 70,224 | $2.9M |
| Van Eck Associates Corp. | 0.00% | Add +2.5% | 68,897 | $2.8M |
| Police & Firemen's Retirement System of New Jersey | 0.03% | — | 66,851 | $2.7M |
| Daiwa Securities Group Inc. | 0.01% | Add +1.1% | 65,953 | $2.7M |
| Investor's Fiduciary Advisor Network, LLC | 1.03% | — | 65,582 | $2.7M |
| Johnson Investment Counsel Inc. | 0.03% | Reduce -23.4% | 65,302 | $2.7M |
| Employees Retirement System of Texas | 0.03% | Reduce -28.2% | 63,500 | $2.6M |
| American Century Companies Inc. | 0.00% | Add +2.9% | 62,407 | $2.5M |
| Millennium Management | 0.00% | Add +0.2% | 61,460 | $2.5M |
| OVERSEA-CHINESE BANKING Corp Ltd | 0.07% | Reduce -68.4% | 59,608 | $2.4M |
| Pictet Asset Management Holding SA | 0.00% | Add +4.1% | 57,874 | $2.4M |
| Values First Advisors, Inc. | 1.30% | Reduce -1.7% | 57,827 | $2.4M |
| Meritage Portfolio Management | 0.14% | Reduce -7.2% | 57,125 | $2.3M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | New | 56,563 | $2.3M |
| Handelsbanken Fonder AB | 0.01% | Add +6.5% | 55,600 | $2.3M |
| Creative Planning | 0.00% | Add +40.8% | 55,253 | $2.3M |
| Ensign Peak Advisors, Inc | 0.00% | Add +13.2% | 55,186 | $2.3M |
| Teacher Retirement System of Texas | 0.01% | Add +6.5% | 54,605 | $2.2M |
| Cibc World Markets Corp. | 0.01% | Add +12.4% | 54,572 | $2.2M |
| Teachers Retirement System of the State of Kentucky | 0.02% | Reduce -5.0% | 54,005 | $2.2M |
| Inceptionr LLC | 0.49% | Add +362.5% | 53,470 | $2.2M |
| Arizona State Retirement System | 0.01% | Add +1.0% | 53,302 | $2.2M |
| State of Wisconsin Investment Board | 0.01% | Reduce -53.4% | 52,983 | $2.2M |
| Southland Equity Partners LLC | 0.50% | Add +13.1% | 52,856 | $2.2M |
| Louisiana State Employees Retirement System | 0.04% | Add +2.2% | 52,000 | $2.1M |
| UniSuper Management Pty Ltd | 0.01% | No change | 51,300 | $2.1M |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 51,182 | $2.1M |
| Pinebridge Investments, L.P. | 0.02% | Add +42.7% | 49,642 | $2.0M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +5.5% | 48,334 | $2.0M |
| Bank of Montreal | 0.00% | Reduce -2.2% | 47,678 | $1.9M |
| Y-Intercept (Hong Kong) Ltd | 0.13% | Add +178.4% | 46,638 | $1.9M |
| Pensionfund PDN | 1.17% | Reduce -17.8% | 46,200 | $1.9M |
| KLP Kapitalforvaltning As | 0.01% | — | 45,400 | $1.9M |
| Nomura Holdings Inc. | 0.01% | New | 45,248 | $1.8M |
| Centiva Capital, LP | 0.07% | New | 45,116 | $1.8M |
| State of Michigan Retirement System | 0.01% | Add +1.8% | 44,384 | $1.8M |
| Thrivent Financial for Lutherans | 0.00% | Reduce -49.1% | 44,124 | $1.8M |
| Sei Investments Co. | 0.00% | Add +6.3% | 43,755 | $1.8M |
| Systematic Financial Management LP | 0.05% | Reduce -0.4% | 43,750 | $1.8M |
| Red Spruce Capital, LLC | 0.79% | Add +16.9% | 43,443 | $1.8M |
| IFM Investors Pty Ltd | 0.02% | Add +2.7% | 43,270 | $1.8M |
| Engineers Gate Manager LP | 0.03% | Add +276.3% | 41,751 | $1.7M |
| Northwestern Mutual Investment Management Company, LLC | 0.04% | Add +2.3% | 41,676 | $1.7M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Add +0.7% | 41,063 | $1.7M |
| Capital Management Associates, Inc | 0.63% | Reduce -14.6% | 40,861 | $1.7M |
| AlphaQuest LLC | 0.22% | Add +301.7% | 40,158 | $1.6M |
| Campbell & CO Investment Adviser LLC | 0.13% | Reduce -37.3% | 40,141 | $1.6M |
| &partners | 0.02% | Add +104.8% | 40,397 | $1.6M |
| Crestline Management, L.P. | 0.06% | New | 39,396 | $1.6M |
| Susquehanna International Group, LLP | 0.00% | Add +11.6% | 39,373 | $1.6M |
| Vanguard Personalized Indexing Management, LLC | 0.02% | Add +5.1% | 38,707 | $1.6M |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 0.02% | Add +9.0% | 38,598 | $1.6M |
| Westpac Banking Corp. | 0.10% | Reduce -16.6% | 38,573 | $1.6M |
| Oregon Public Employees Retirement Fund | 0.03% | Add +2.6% | 38,201 | $1.6M |
| New Mexico Educational Retirement Board | 0.05% | No change | 37,100 | $1.5M |
| Lazard Asset Management LLC | 0.00% | Add +11.7% | 37,069 | $1.5M |
| Truist Financial Corp. | 0.00% | Add +0.5% | 36,104 | $1.5M |
| Oppenheimer & Co. Inc. | 0.02% | Reduce -2.5% | 34,536 | $1.4M |
| Mariner, LLC | 0.00% | Reduce -0.0% | 34,466 | $1.4M |
| Squarepoint Ops LLC | 0.00% | Reduce -26.1% | 33,779 | $1.4M |
| Mackenzie Financial Corp. | 0.00% | New | 33,321 | $1.4M |
| Cetera Investment Advisers | 0.00% | Reduce -21.5% | 32,650 | $1.3M |
| Pathstone Holdings, LLC | 0.01% | Reduce -1.7% | 32,638 | $1.3M |
| Murphy, Middleton, Hinkle & Parker, Inc. | 0.74% | Reduce -6.4% | 32,152 | $1.3M |
| Russell Investments Group, Ltd. | 0.00% | Add +79.9% | 31,281 | $1.3M |
| Utah Retirement Systems | 0.01% | Add +3.3% | 30,925 | $1.3M |
| Vestcor Inc | 0.04% | New | 30,156 | $1.2M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.00% | New | 30,124 | $1.2M |
| Harbour Trust & Investment Management Co | 0.14% | Reduce -6.0% | 29,137 | $1.2M |
| Lecap Asset Management Ltd. | 0.31% | New | 28,164 | $1.2M |
| Pacer Advisors, Inc. | 0.00% | Reduce -22.7% | 27,251 | $1.1M |
| M&T Bank Corp | 0.00% | Add +2.8% | 27,108 | $1.1M |
| Illinois Municipal Retirement Fund | 0.02% | No change | 26,759 | $1.1M |
| Penserra Capital Management LLC | 0.02% | Reduce -10.3% | 26,455 | $1.1M |
| Certified Advisory Corp | 0.12% | Add +0.5% | 25,994 | $1.1M |
| Nissay Asset Management Corp. /Japan | 0.01% | Add +4.1% | 26,064 | $1.1M |
| Code Waechter LLC | 0.88% | Add +1.6% | 24,741 | $1.0M |
| Pensionfund Sabic | 0.26% | No change | 24,300 | $993K |
| Corient Private Wealth LP | 0.00% | Add +0.1% | 23,670 | $967K |
| Assetmark, Inc. | 0.00% | Reduce -18.4% | 23,581 | $963K |
| Algert Global LLC | 0.02% | Add +239.6% | 23,572 | $963K |
| Jeppson Wealth Management, LLC | 0.35% | Reduce -0.4% | 23,473 | $959K |
| HighTower Advisors, LLC | 0.00% | Add +6.2% | 23,045 | $941K |
| Morey & Quinn Wealth Partners, LLC | 0.80% | — | 23,045 | $941K |
| Xponance LLC | 0.01% | Add +7.7% | 22,194 | $907K |
| D. E. Shaw & Co. | 0.00% | Reduce -76.8% | 21,960 | $897K |
| TT Capital Management LLC | 0.71% | — | 22,242 | $894K |
| Kestra Private Wealth Services, LLC | 0.02% | Add +33.1% | 21,703 | $887K |
| Steward Partners Investment Advisory, LLC | 0.01% | Add +40.7% | 21,160 | $864K |
| Metis Global Partners, LLC | 0.03% | Add +11.4% | 21,056 | $860K |
| Wesbanco Bank Inc. | 0.03% | Reduce -5.7% | 20,889 | $853K |
| Worldquant Millennium Advisors LLC | 0.01% | Reduce -13.7% | 19,435 | $794K |
| Capital Square, LLC | 0.43% | Reduce -3.4% | 19,001 | $754K |
| Beacon Pointe Advisors, LLC | 0.01% | Reduce -3.6% | 18,054 | $738K |
| Kestra Advisory Services, LLC | 0.00% | Add +297.4% | 17,770 | $726K |
| Spirit of America Management Corp. | 0.15% | No change | 17,750 | $725K |
| Ontario Teachers Pension Plan Board | 0.01% | Reduce -43.2% | 17,524 | $716K |
| Tower Research Capital LLC (TRC) | 0.01% | Add +133.3% | 17,248 | $705K |
| Collar Capital Management, LLC | 0.59% | — | 17,240 | $704K |
| Essex Financial Services, Inc. | 0.05% | Reduce -8.8% | 16,907 | $691K |
| Evergreen Capital Management LLC | 0.02% | Reduce -3.8% | 16,882 | $690K |
| Allie Family Office LLC | 0.37% | Reduce -0.7% | 16,454 | $672K |
| Schnieders Capital Management LLC | 0.13% | Reduce -7.2% | 16,441 | $672K |
| Linden Thomas Advisory Services, LLC | 0.08% | Reduce -2.0% | 16,363 | $668K |
| Cornercap Investment Counsel Inc. | 0.21% | Reduce -3.9% | 16,298 | $666K |
| Ethic Inc. | 0.01% | Reduce -3.3% | 16,112 | $658K |
| Dakota Wealth Management | 0.01% | Reduce -14.6% | 15,942 | $651K |
| Erste Asset Management GmbH | 0.01% | Add +25.0% | 16,000 | $648K |
| Avantax Advisory Services, Inc. | 0.00% | Reduce -47.7% | 15,555 | $635K |
| Public Employees Retirement Association of Colorado | 0.00% | Reduce -18.7% | 15,312 | $625K |
| Invst, LLC | 0.08% | Reduce -4.5% | 15,286 | $624K |
| Jane Street Group, LLC | 0.00% | Reduce -81.5% | 14,919 | $609K |
| Tudor Investment Corporation | 0.01% | New | 14,523 | $593K |
| Advisory Services Network, LLC | 0.01% | Reduce -6.5% | 14,465 | $591K |
| Securian Asset Management, Inc. | 0.02% | Reduce -0.7% | 14,176 | $579K |
| Private Advisor Group, LLC | 0.00% | Add +11.6% | 14,059 | $574K |
| Riverwater Partners LLC | 0.28% | Add +5.3% | 14,058 | $574K |
| Kovack Advisors, Inc. | 0.06% | Reduce -23.7% | 13,886 | $567K |
| EP Wealth Advisors, LLC | 0.00% | Add +3.7% | 13,425 | $548K |
| Neuberger Berman Group LLC | 0.00% | Reduce -0.7% | 13,343 | $545K |
| Nicholas Hoffman & Company, LLC. | 0.02% | No change | 13,225 | $540K |
| Vanderbilt University | 0.11% | New | 13,217 | $540K |
| Hudson Edge Investment Partners Inc. | 0.10% | Add +10.0% | 13,200 | $539K |
| DoubleLine ETF Adviser LP | 0.14% | Add +0.2% | 13,136 | $537K |
| Iat Reinsurance Co. LTD. | 0.12% | No change | 13,000 | $531K |
| Kingswood Wealth Advisors, LLC | 0.04% | New | 12,901 | $527K |
| Pathway Financial Advisers, LLC | 0.18% | Add +12.0% | 12,840 | $525K |
| Crossmark Global Holdings, Inc. | 0.01% | Reduce -2.5% | 12,723 | $520K |
| Adams Asset Advisors, LLC | 0.07% | No change | 12,481 | $510K |
| Groupe la Francaise | 0.01% | — | 12,559 | $505K |
| Glenview Trust Co | 0.01% | Reduce -7.7% | 12,261 | $501K |
| Rockefeller Capital Management L.P. | 0.00% | Reduce -1.2% | 12,237 | $500K |
| Samalin Investment Counsel, LLC | 0.21% | Add +5.5% | 12,145 | $496K |
| Orion Porfolio Solutions, LLC | 0.00% | Add +0.6% | 12,141 | $496K |
| Orion Portfolio Solutions, LLC | 0.00% | Add +0.6% | 12,141 | $496K |
| Sanctuary Advisors, LLC | 0.00% | Add +19.3% | 12,476 | $495K |
| Carmel Capital Partners, LLC | 0.20% | Add +1.9% | 12,096 | $494K |
| Walleye Capital LLC | 0.01% | New | 11,893 | $486K |
| Tidal Investments LLC | 0.00% | Reduce -17.7% | 11,743 | $480K |
| EntryPoint Capital, LLC | 0.20% | Add +126.9% | 11,736 | $479K |
| United Services Automobile Association | 0.02% | Reduce -5.8% | 11,684 | $477K |
| Cresset Asset Management, LLC | 0.00% | New | 11,398 | $466K |
| Cambria Investment Management, L.P. | 0.03% | Add +30.2% | 11,387 | $465K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -15.3% | 11,295 | $461K |
| Peak Financial Advisors LLC | 0.24% | Add +0.4% | 11,276 | $461K |
| Versor Investments LP | 0.08% | Reduce -59.3% | 11,206 | $458K |
| Sterling Capital Management LLC | 0.01% | Add +60.4% | 11,083 | $453K |
| Shell Asset Management Co. | 0.02% | Reduce -0.1% | 10,985 | $449K |
| DAVENPORT & Co LLC | 0.00% | Reduce -2.3% | 10,854 | $443K |
| Sigma Planning Corp | 0.01% | Reduce -9.9% | 10,725 | $438K |
| Landscape Capital Management, L.L.C. | 0.05% | New | 10,489 | $428K |
| Maryland State Retirement & Pension System | 0.01% | No change | 10,353 | $423K |
| Savant Capital, LLC | 0.00% | Reduce -5.3% | 10,306 | $421K |
| Aster Capital Management (DIFC) Ltd | 0.16% | Add +19.2% | 10,191 | $416K |
| Net Worth Advisory Group | 0.13% | Add +55.2% | 10,148 | $415K |
| Cerity Partners LLC | 0.00% | Reduce -24.1% | 9,201 | $407K |
| Allstate Corp. | 0.01% | Reduce -30.6% | 9,832 | $402K |
| Bartlett & Co. Wealth Management LLC | 0.01% | No change | 9,750 | $398K |
| Intrua Financial, LLC | 0.06% | Reduce -9.3% | 9,679 | $395K |
| Nebula Research & Development LLC | 0.05% | New | 9,657 | $394K |
| Bristlecone Advisors, LLC | 0.03% | Reduce -0.5% | 9,617 | $393K |
| Signaturefd, LLC | 0.01% | Add +5.5% | 9,554 | $390K |
| Choreo, LLC | 0.01% | Add +20.0% | 9,435 | $381K |
| Principle Wealth Partners LLC | 0.03% | Add +4.8% | 9,204 | $376K |
| World Investment Advisors | 0.01% | New | 8,832 | $361K |
| Gateway Investment Advisers LLC | 0.00% | Reduce -57.0% | 8,811 | $360K |
| Gables Capital Management Inc. | 0.17% | No change | 8,550 | $349K |
| Quadrant Capital Group LLC | 0.02% | Reduce -0.3% | 8,520 | $348K |
| MAI Capital Management | 0.00% | New | 8,405 | $343K |
| Mgo One Seven LLC | 0.01% | Add +35.5% | 8,400 | $343K |
| Fox Run Management, L.L.C. | 0.06% | Add +34.7% | 8,389 | $343K |
| Norinchukin Bank, The | 0.01% | Reduce -0.1% | 8,289 | $339K |
| Laird Norton Wetherby Wealth Management, LLC | 0.02% | Reduce -5.9% | 8,156 | $333K |
| Townsquare Capital LLC | 0.00% | Add +5.3% | 8,000 | $327K |
| Trust Point Inc. | 0.02% | Add +21.2% | 7,986 | $326K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -68.9% | 7,958 | $325K |
| SC&H Financial Advisors, Inc. | 0.07% | Reduce -21.1% | 7,814 | $319K |
| Gold Investment Management Ltd. | 0.13% | No change | 7,692 | $314K |
| Park Avenue Securities LLC | 0.00% | Reduce -66.2% | 7,689 | $314K |
| US Bancorp \de | 0.00% | Reduce -1.6% | 7,647 | $312K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -44.5% | 7,500 | $306K |
| Romano Brothers and Company | 0.04% | Reduce -2.6% | 7,495 | $306K |
| First National Bank of Mount Dora, Trust Investment Services | 0.07% | Add +2.4% | 7,463 | $305K |
| Alps Advisors Inc. | 0.00% | New | 7,250 | $296K |
| Stephens Inc. | 0.00% | Add +2.1% | 7,184 | $293K |
| Panagora Asset Management Inc. | 0.00% | Reduce -0.7% | 7,088 | $290K |
| Ascentis Independent Advisors | 0.05% | Reduce -0.2% | 6,985 | $285K |
| Shelton Capital Management | 0.01% | Reduce -5.6% | 6,932 | $283K |
| Albert D Mason Inc. | 0.19% | Add +1.7% | 6,903 | $282K |
| Hantz Financial Services, Inc. | 0.00% | Add +20.6% | 6,875 | $281K |
| Impact Partnership Wealth, LLC | 0.06% | Add +3.8% | 6,878 | $281K |
| Virtue Capital Management, LLC | 0.06% | No change | 6,812 | $278K |
| Cwm, LLC | 0.00% | Add +0.1% | 6,795 | $278K |
| KBC Group NV | 0.00% | Add +39.9% | 6,677 | $273K |
| Alpha Cubed Investments, LLC | 0.01% | Add +1.8% | 6,678 | $273K |
| Hilltop Holdings Inc. | 0.02% | Add +0.1% | 6,536 | $267K |
| Coldstream Capital Management Inc. | 0.01% | Reduce -0.1% | 6,427 | $263K |
| Legacy Capital Wealth Partners, LLC | 0.06% | Reduce -2.9% | 6,407 | $262K |
| PSI Advisors, LLC | 0.08% | Add +1.4% | 6,369 | $260K |
| Wealthcare Advisory Partners LLC | 0.01% | No change | 6,248 | $255K |
| Old North State Wealth Management, LLC | 0.14% | Add +6.3% | 6,136 | $251K |
| First Financial Bank - Trust Division | 0.02% | Reduce -1.6% | 6,140 | $251K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Reduce -34.5% | 6,108 | $250K |
| Atria Wealth Solutions, Inc. | 0.00% | Add +1.8% | 6,006 | $245K |
| Castle Rock Wealth Management, LLC | 0.06% | No change | 6,003 | $243K |
| Parallel Advisors, LLC | 0.01% | Add +0.1% | 5,938 | $243K |
| Dynasty Wealth Management, LLC | 0.00% | Add +24.8% | 5,897 | $241K |
| Fifth Third Wealth Advisors LLC | 0.01% | Reduce -1.6% | 5,839 | $239K |
| Vise Technologies, Inc. | 0.02% | Add +38.3% | 5,811 | $237K |
| Atria Investments, Inc | 0.00% | Reduce -38.8% | 5,761 | $235K |
| Huntington National Bank | 0.00% | Add +1.1% | 5,750 | $235K |
| CIBC Asset Management Inc | 0.00% | Add +5.1% | 5,733 | $234K |
| Frank, Rimerman Advisors LLC | 0.02% | Reduce -72.3% | 5,685 | $232K |
| Steph & Co. | 0.08% | Add +8.2% | 5,664 | $231K |
| Ballentine Partners, LLC | 0.00% | Add +26.9% | 5,518 | $225K |
| Nicolet Advisory Services, LLC | 0.02% | Add +16.1% | 5,883 | $224K |
| Private Trust Co. NA | 0.02% | No change | 5,465 | $223K |
| Mission Wealth Management, LP | 0.01% | No change | 5,377 | $220K |
| DGS Capital Management, LLC | 0.05% | Add +9.5% | 5,330 | $218K |
| Vident Advisory, LLC | 0.00% | Reduce -20.4% | 5,151 | $210K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -27.8% | 5,175 | $210K |
| Praxis Investment Management Inc. | 0.01% | New | 5,050 | $206K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +44.8% | 5,022 | $205K |
| one8zero8, LLC | 0.04% | — | 5,000 | $204K |
| XTX Topco Ltd | 0.02% | Reduce -85.6% | 4,965 | $203K |
| EverSource Wealth Advisors, LLC | 0.01% | Add +882.7% | 4,953 | $202K |
| Intech Investment Management LLC | 0.00% | Reduce -18.2% | 4,947 | $202K |
| Gradient Investments LLC | 0.00% | Reduce -0.2% | 4,931 | $201K |
| Optas, LLC | 0.04% | New | 4,914 | $201K |
| Ieq Capital, LLC | 0.00% | New | 4,904 | $200K |
| Marshall Wace, LLP | 0.00% | New | 4,900 | $200K |
| Duncker Streett & Co. Inc. | 0.03% | No change | 4,500 | $184K |
| IFP Advisors, Inc | 0.01% | Reduce -2.4% | 4,494 | $184K |
| CI Investments Inc. | 0.00% | Add +19.3% | 4,288 | $175K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.05% | Reduce -0.6% | 4,248 | $174K |
| Group One Trading LLC | 0.01% | Reduce -58.3% | 3,694 | $151K |
| Montag A & Associates Inc. | 0.01% | No change | 3,613 | $148K |
| New Wave Wealth Advisors LLC | 0.06% | New | 3,402 | $139K |
| Synergy Investment Management, LLC | 0.06% | — | 3,343 | $137K |
| GF Fund Management Co. LTD. | 0.00% | — | 3,337 | $136K |
| Truvestments Capital LLC | 0.03% | Reduce -1.3% | 3,043 | $124K |
| Venturi Wealth Management, LLC | 0.01% | Add +41.5% | 2,914 | $119K |
| GAMMA Investing LLC | 0.01% | Add +0.1% | 2,885 | $118K |
| PEAK6 LLC | 0.00% | — | 2,878 | $118K |
| Brown Brothers Harriman & Co. | 0.00% | Reduce -53.3% | 2,456 | $100K |
| Allworth Financial LP | 0.00% | Add +15.5% | 2,397 | $95K |
| Oarsman Capital, Inc. | 0.02% | No change | 2,250 | $92K |
| NewEdge Advisors, LLC | 0.00% | Reduce -67.4% | 2,239 | $91K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Reduce -86.2% | 2,213 | $90K |
| Farther Finance Advisors, LLC | 0.00% | Reduce -5.7% | 2,136 | $87K |
| Security National Bank | 0.01% | No change | 1,949 | $80K |
| Strengthening Families & Communities, LLC | 0.04% | Reduce -97.0% | 1,911 | $78K |
| Fifth Third Bancorp | 0.00% | Reduce -12.9% | 1,849 | $76K |
| Wolverine Asset Management LLC | 0.01% | No change | 1,800 | $74K |
| Principal Securities, Inc. | 0.00% | Reduce -35.2% | 1,787 | $73K |
| Arax Advisory Partners | 0.00% | Add +111.2% | 1,785 | $73K |
| Endeavor Private Wealth, Inc. | 0.07% | — | 1,737 | $71K |
| Versant Capital Management, Inc | 0.01% | Add +10.5% | 1,689 | $69K |
| Bokf, NA | 0.00% | No change | 1,800 | $68K |
| Alaska Permanent Fund Corp | 0.00% | No change | 1,614 | $66K |
| LRI Investments, LLC | 0.01% | No change | 1,613 | $66K |
| Heritage Wealth Advisors | 0.00% | No change | 1,600 | $65K |
| Spire Wealth Management | 0.00% | No change | 1,545 | $63K |
| NFSG Corp | 0.02% | New | 1,500 | $61K |
| FIL Ltd | 0.00% | Add +1.8% | 1,470 | $60K |
| Geneos Wealth Management Inc. | 0.00% | Reduce -54.6% | 1,425 | $58K |
| Smartleaf Asset Management LLC | 0.01% | Add +81.8% | 1,340 | $54K |
| Covestor Ltd | 0.03% | Reduce -0.5% | 1,332 | $54K |
| Loomis Sayles & Co. L P | 0.00% | No change | 1,323 | $54K |
| State of Wyoming | 0.01% | Reduce -58.7% | 1,292 | $53K |
| Bessemer Group Inc. | 0.00% | Add +25.1% | 1,280 | $52K |
| Concourse Financial Group Securities, Inc. | 0.00% | Reduce -88.0% | 1,259 | $50K |
| Aspetuck Financial Management LLC | 0.04% | — | 1,220 | $50K |
| Bruce G. Allen Investments, LLC | 0.04% | Add +3.3% | 1,166 | $48K |
| CENTRAL TRUST Co | 0.00% | No change | 1,100 | $45K |
| Millstone Evans Group, LLC | 0.03% | — | 1,023 | $42K |
| Lindbrook Capital, LLC | 0.00% | Add +43.3% | 1,010 | $41K |
| Riverview Trust Co | 0.04% | No change | 1,007 | $41K |
| CIBC Private Wealth Group LLC | 0.00% | Add +1.9% | 1,046 | $41K |
| Quarry LP | 0.01% | Add +143.4% | 993 | $41K |
| Horizons Wealth Management | 0.03% | No change | 975 | $40K |
| Putney Financial Group LLC | 0.03% | — | 932 | $38K |
| First United Bank & Trust | 0.01% | No change | 900 | $37K |
| Optiver Holding B.V. | 0.00% | Reduce -30.8% | 816 | $33K |
| GeoWealth Management, LLC | 0.00% | Reduce -0.5% | 773 | $32K |
| Wilmington Savings Fund Society, FSB | 0.00% | No change | 761 | $31K |
| V-Square Quantitative Management LLC | 0.00% | No change | 749 | $31K |
| Sandy Spring Bank | 0.00% | No change | 625 | $26K |
| UMB Bank, n.a. | 0.00% | Add +3.9% | 619 | $25K |
| WealthCollab, LLC | 0.02% | No change | 601 | $25K |
| Bayforest Capital Ltd | 0.03% | — | 580 | $24K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +23.2% | 541 | $22K |
| Salomon & Ludwin, LLC | 0.00% | No change | 535 | $22K |
| Western Pacific Wealth Management, LP | 0.02% | No change | 505 | $21K |
| North Star Investment Management Corp. | 0.00% | No change | 500 | $20K |
| Bogart Wealth, LLC | 0.00% | Add +9.8% | 491 | $20K |
| Continuum Advisory, LLC | 0.00% | Reduce -82.6% | 488 | $20K |
| Barrow Hanley Mewhinney & Strauss LLC | 0.00% | No change | 469 | $19K |
| Wiser Advisor Group LLC | 0.03% | No change | 462 | $19K |
| TCTC Holdings, LLC | 0.00% | No change | 444 | $18K |
| Quent Capital, LLC | 0.00% | Add +35.9% | 439 | $18K |
| DecisionPoint Financial, LLC | 0.01% | No change | 400 | $16K |
| Tidemark, LLC | 0.01% | Add +1.6% | 390 | $16K |
| Laurel Wealth Advisors LLC | 0.00% | No change | 380 | $16K |
| Rothschild Investment LLC | 0.00% | No change | 366 | $15K |
| AdvisorNet Financial, Inc | 0.00% | Add +0.3% | 356 | $15K |
| Rise Advisors, LLC | 0.01% | Add +1.2% | 346 | $14K |
| Brooklyn Investment Group | 0.00% | Add +1.8% | 333 | $14K |
| Castleview Partners, LLC | 0.01% | Add +6.6% | 324 | $13K |
| Rialto Wealth Management, LLC | 0.00% | — | 317 | $13K |
| Sunbelt Securities, Inc. | 0.00% | Reduce -24.1% | 305 | $12K |
| AllSquare Wealth Management LLC | 0.01% | No change | 300 | $12K |
| WR Wealth Planners, LLC | 0.00% | No change | 300 | $12K |
| Stonebridge Financial Group, LLC | 0.00% | — | 300 | $12K |
| City Holding Co. | 0.00% | No change | 300 | $12K |
| Jones Financial Companies LLLP | 0.00% | Add +164.6% | 299 | $12K |
| JNBA Financial Advisors | 0.00% | No change | 279 | $11K |
| Asset Planning,Inc | 0.01% | — | 253 | $10K |
| Birchbrook, Inc. | 0.01% | No change | 240 | $10K |
| Stephens Consulting, LLC | 0.00% | No change | 240 | $10K |
| HM Payson & Co. | 0.00% | No change | 215 | $9K |
| Richardson Financial Services Inc. | 0.01% | Reduce -90.8% | 215 | $9K |
| Householder Group Estate & Retirement Specialist, LLC | 0.01% | No change | 200 | $8K |
| Natixis | 0.00% | New | 183 | $7K |
| Pinnacle Bancorp, Inc. | 0.00% | No change | 179 | $7K |
| Synergy Asset Management, LLC | 0.00% | New | 149 | $7K |
| Caitong International Asset Management Co., Ltd | 0.01% | — | 175 | $7K |
| Global Retirement Partners, LLC | 0.00% | Reduce -62.8% | 168 | $7K |
| Ameriflex Group, Inc. | 0.00% | — | 171 | $7K |
| Pingora Partners LLC | 0.00% | No change | 155 | $6K |
| Washington Trust Advisors, Inc. | 0.00% | Add +23.6% | 136 | $6K |
| Coppell Advisory Solutions LLC | 0.00% | No change | 130 | $5K |
| Elequin Capital, LP | 0.00% | New | 124 | $5K |
| Colonial Trust Co / SC | 0.00% | New | 124 | $5K |
| Avion Wealth | 0.00% | No change | 141 | $5K |
| Bell Investment Advisors, Inc | 0.00% | Add +47.0% | 122 | $5K |
| Parkside Financial Bank & Trust | 0.00% | Add +62.9% | 114 | $5K |
| Cape Investment Advisory, Inc. | 0.00% | No change | 100 | $4K |
| Harbour Investments, Inc. | 0.00% | No change | 89 | $4K |
| Moisand Fitzgerald Tamayo, LLC | 0.00% | Reduce -17.1% | 87 | $4K |
| Farmers & Merchants Investments Inc. | 0.00% | Reduce -6.3% | 75 | $3K |
| CoreCap Advisors, LLC | 0.00% | No change | 72 | $3K |
| Concord Wealth Partners | 0.00% | No change | 68 | $3K |
| Mather Group, Llc. | 0.00% | No change | 68 | $3K |
| Prestige Wealth Management Group LLC | 0.00% | No change | 64 | $3K |
| Harbor Investment Advisory, LLC | 0.00% | Reduce -6.4% | 44 | $2K |
| Private Wealth Management Group, LLC | 0.00% | Add +116.7% | 39 | $2K |
| Cullen/Frost Bankers, Inc. | 0.00% | New | 39 | $2K |
| Caitlin John, LLC | 0.00% | Add +2.7% | 38 | $2K |
| SWAN Capital LLC | 0.00% | No change | 36 | $1K |
| Sachetta, LLC | 0.00% | Add +24.1% | 36 | $1K |
| Blue Trust, Inc. | 0.00% | Reduce -95.5% | 33 | $1K |
| Horizon Investments, LLC | 0.00% | No change | 28 | $1K |
| Sierra Ocean, LLC | 0.00% | — | 27 | $1K |
| Creative Financial Designs Inc. | 0.00% | New | 24 | $980 |
| TD Waterhouse Canada Inc. | 0.00% | Reduce -6.3% | 15 | $613 |
| Mountain Hill Investment Partners Corp. | 0.00% | — | 12 | $510 |
| SOA Wealth Advisors, LLC. | 0.00% | New | 12 | $490 |
| Dunhill Financial, LLC | 0.00% | No change | 12 | $484 |
| New Millennium Group LLC | 0.00% | New | 5 | $204 |
| Lanark Financial, Inc. | 0.01% | — | 2 | $86 |
| MV Capital Management, Inc. | 0.00% | Reduce -33.3% | 2 | $82 |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 10 | $0 |
| Hemington Wealth Management | 0.00% | No change | 19 | $0 |
"% of holder's portfolio" is NNN's weight in each manager's 13F, not the share of NNN REIT Inc. the manager owns.