NNN REITNNN

13F holders, Q4 2025 (December 31)
523holders +17
54new positions
53sold out
10famous investors
$39.64avg. 13F price*

At the end of Q4 2025, 523 institutions reported holding NNN REIT Inc. (NNN) in their 13F filings, up 17 from Q3 2025. 54 opened new positions and 53 sold out. The largest holders were Vanguard Group Inc. ($1.0B), BlackRock, Inc. ($1.0B) and FMR LLC ($800.9M). 10 famous investors held it, including Cliff Asness (0.1% of AQR Capital Management's portfolio), Joel Greenblatt (0.1% of Gotham Asset Management's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).

Company
NNN REIT Inc.
CUSIP
637417106
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600800 Q1 2024: 447Q1 2024Q2 2024: 457Q2 2024Q3 2024: 498Q3 2024Q4 2024: 488Q4 2024Q1 2025: 481Q1 2025Q2 2025: 482Q2 2025Q3 2025: 506Q3 2025Q4 2025: 523Q4 2025Q1 2026: 545Q1 2026Q2 2026: 605Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions54$77.2M
Exits53$145.8M

All 13F filers, Q3 2025 → Q4 2025: 10,692,188 shares bought and 8,983,897 shares sold, net +1,708,291 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 523 holders

Vanguard Group Inc. 0.02% Reduce -0.3% 26,238,298 $1.0B
BlackRock, Inc. 0.02% Add +2.0% 25,391,988 $1.0B
FMR LLC 0.04% Reduce -2.9% 20,209,835 $800.9M
State Street Corp. 0.02% Reduce -4.8% 11,449,621 $453.7M
Victory Capital Management Inc. 0.21% Reduce -3.9% 9,494,190 $376.3M
Geode Capital Management, LLC 0.01% Add +9.1% 4,167,840 $165.2M
Rush Island Management, LP 9.49% Add +24.9% 3,833,086 $151.9M
AQR Capital Management 0.08% Add +12.6% 3,692,783 $146.3M
JPMorgan Chase & Co. 0.01% Add +19.5% 3,362,208 $133.2M
Massachusetts Financial Services Co. 0.04% Add +5.1% 3,334,857 $132.2M
Federated Hermes, Inc. 0.20% Add +2.4% 3,036,523 $120.3M
Charles Schwab Investment Management Inc. 0.02% Add +4.2% 2,847,591 $112.9M
Dimensional Fund Advisors LP 0.02% Add +1.2% 2,744,434 $108.8M
Norges Bank 0.01% — 2,726,848 $108.1M
Morgan Stanley 0.01% Add +4.5% 2,499,244 $99.0M
Bank of New York Mellon Corp 0.01% Reduce -7.0% 1,893,021 $75.0M
Northern Trust Corp. 0.01% Reduce -4.6% 1,857,171 $73.6M
Mondrian Investment Partners LTD 1.17% Reduce -3.0% 1,796,183 $71.2M
Equity Investment Corp. 1.24% Reduce -0.3% 1,550,997 $61.5M
Hudson Bay Capital Management LP 0.35% Add +135.6% 1,415,961 $56.1M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% Reduce -4.5% 1,191,557 $47.2M
Quantinno Capital Management LP 0.09% Reduce -3.6% 1,186,345 $47.0M
Legal & General Group Plc 0.01% Add +5.4% 1,122,516 $44.5M
Goldman Sachs Group Inc. 0.01% Add +33.3% 1,091,233 $43.2M
Deprince Race & Zollo Inc. 0.78% Add +22.7% 1,022,580 $40.5M
Artisan Partners Limited Partnership 0.06% Reduce -15.7% 983,968 $39.0M
Bank of America Corp. 0.00% Add +3.5% 883,620 $35.0M
Jefferies Financial Group Inc. 0.28% Add +508.6% 845,374 $33.5M
Allianz Asset Management GmbH 0.04% Add +17.4% 818,618 $32.4M
Clearbridge Investments, LLC 0.03% Add +16.0% 816,769 $32.4M
ProShare Advisors LLC 0.05% Reduce -4.5% 783,105 $31.0M
Invesco Ltd. 0.00% Add +5.4% 739,158 $29.3M
Sumitomo Mitsui Trust Group, Inc. 0.02% Add +227.2% 680,971 $27.0M
Royal Bank of Canada 0.00% Add +70.5% 662,750 $26.3M
Raymond James Financial Inc. 0.01% Add +0.4% 606,812 $24.0M
Lasalle Investment Management Securities LLC 0.96% New 603,176 $23.9M
UBS Group AG 0.00% Reduce -33.1% 592,461 $23.5M
Arbejdsmarkedets Tillaegspension 0.60% — 591,982 $23.5M
HSBC Holdings PLC 0.01% Reduce -16.9% 572,914 $22.7M
Agf Management Ltd. 0.09% Reduce -1.1% 546,048 $21.6M
Nuveen, LLC 0.01% Reduce -12.5% 543,167 $21.5M
Aberdeen Group plc 0.03% Add +7.2% 542,371 $21.5M
Rhumbline Advisers 0.02% Reduce -2.3% 522,492 $20.7M
California Public Employees Retirement System 0.01% Reduce -16.3% 507,955 $20.1M
Sound Income Strategies, LLC 0.95% Add +8.0% 469,045 $20.0M
Ameriprise Financial Inc. 0.00% Reduce -3.3% 502,081 $19.9M
Citadel Advisors 0.01% New 462,639 $18.3M
Verity & Verity, LLC 1.42% Add +2.7% 461,055 $18.3M
Principal Financial Group Inc. 0.01% Reduce -2.3% 452,677 $17.9M
Two Sigma Investments, LP 0.03% Add +162.1% 451,331 $17.9M
Snyder Capital Management L P 0.33% Reduce -40.3% 450,306 $17.8M
Ieq Capital, LLC 0.05% Add +6.9% 445,982 $17.7M
Gotham Asset Management 0.06% Add +48.7% 444,689 $17.6M
CANADA LIFE ASSURANCE Co 0.03% Add +9.0% 434,111 $17.2M
Voloridge Investment Management, LLC 0.06% Add +121.6% 426,247 $16.9M
Millennium Management 0.01% Add +10.6% 410,061 $16.3M
Stifel Financial Corp. 0.01% Reduce -3.9% 395,012 $15.7M
Swiss National Bank 0.01% Add +2.1% 372,200 $14.8M
Edgestream Partners, L.P. 0.38% Add +100.5% 344,857 $13.7M
Asset Management One Co., Ltd. 0.04% Reduce -3.4% 344,447 $13.6M
Tectonic Advisors LLC 0.70% Add +9.8% 337,044 $13.4M
Public Employees Retirement System of Ohio 0.04% Reduce -2.9% 321,963 $12.8M
Barclays PLC 0.00% Add +35.8% 310,380 $12.3M
Alliancebernstein L.P. 0.00% Reduce -1.6% 295,213 $11.7M
Citigroup Inc. 0.01% Add +39.6% 294,024 $11.7M
Nomura Asset Management Co. Ltd. 0.03% Add +3.6% 284,810 $11.3M
Russell Investments Group, Ltd. 0.01% Add +43.6% 278,858 $11.1M
M&G PLC 0.06% Add +9.5% 258,037 $10.3M
Franklin Resources Inc. 0.00% Reduce -15.7% 258,388 $10.2M
Algert Global LLC 0.15% Reduce -9.6% 235,264 $9.3M
Retirement Systems of Alabama 0.03% Reduce -0.1% 227,935 $9.0M
Envestnet Asset Management Inc. 0.00% Reduce -3.1% 220,870 $8.8M
LPL Financial LLC 0.00% Add +0.3% 219,239 $8.7M
Treasurer of the State of North Carolina 0.03% Reduce -41.9% 217,776 $8.6M
Janus Henderson Group PLC 0.00% Reduce -1.0% 214,341 $8.5M
Wells Fargo & Company 0.00% Add +0.8% 208,387 $8.3M
Cwm, LLC 0.02% Add +64.3% 208,112 $8.2M
Creative Planning 0.01% Add +43.5% 207,794 $8.2M
State of Alaska, Department of Revenue 0.08% Reduce -0.2% 193,598 $7.7M
New York State Teachers Retirement System 0.01% Reduce -1.8% 192,122 $7.6M
BNP Paribas Financial Markets 0.00% Add +182.8% 184,430 $7.3M
California State Teachers Retirement System 0.01% Add +1.4% 178,510 $7.1M
New York State Common Retirement Fund 0.01% Reduce -0.4% 176,231 $7.0M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% Add +10.8% 175,245 $6.9M
State Board of Administration of Florida Retirement System 0.01% No change 171,118 $6.8M
Natixis 0.03% New 169,084 $6.7M
Voya Investment Management LLC 0.01% Reduce -40.9% 166,665 $6.6M
Chilton Capital Management LLC 0.22% Reduce -0.4% 161,003 $6.4M
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% Add +5.2% 149,451 $5.9M
T. Rowe Price Associates Inc. 0.00% Reduce -73.4% 148,413 $5.9M
Manufacturers Life Insurance Company, The 0.00% Reduce -1.8% 143,445 $5.7M
Sophron Capital Management L.P. 1.81% Reduce -1.1% 141,783 $5.6M
Commonwealth Equity Services, LLC 0.01% Reduce -0.9% 141,187 $5.6M
Bernzott Capital Advisors 2.58% Reduce -12.1% 137,029 $5.4M
Cerity Partners LLC 0.01% Add +8.6% 136,070 $5.4M
Captrust Financial Advisors 0.01% Reduce -3.9% 129,937 $5.1M
Mariner, LLC 0.01% Add +44.2% 129,605 $5.1M
New Age Alpha Advisors, LLC 0.22% Reduce -31.1% 129,496 $5.1M
Susquehanna Portfolio Strategies, LLC 0.08% Reduce -30.1% 127,636 $5.1M
Natixis Advisors, LLC 0.01% Add +7.6% 126,907 $5.0M
Amundi 0.00% Add +16.6% 115,902 $4.6M
Quantbot Technologies LP 0.15% Add +5311.2% 115,530 $4.6M
First Trust Advisors LP 0.00% Reduce -14.3% 113,068 $4.5M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% Add +7.5% 109,851 $4.4M
Meritage Portfolio Management 0.29% Add +40.1% 109,186 $4.3M
Two Sigma Advisers, LP 0.01% Add +346.3% 108,900 $4.3M
D. E. Shaw & Co. 0.00% New 108,892 $4.3M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.02% Reduce -0.8% 108,867 $4.3M
Deutsche Bank AG 0.00% Add +0.8% 108,117 $4.3M
Cambiar Investors LLC 0.18% Reduce -16.7% 101,361 $4.0M
Graham Capital Management, L.P. 0.20% Add +79.7% 100,320 $4.0M
Macquarie Group Ltd. 0.02% Reduce -0.8% 100,013 $4.0M
Fisher Asset Management 0.00% Add +0.0% 99,217 $3.9M
Sei Investments Co. 0.00% Add +58.7% 98,067 $3.9M
MetLife Investment Management, LLC 0.02% Reduce -4.2% 98,035 $3.9M
Healthcare of Ontario Pension Plan Trust Fund 0.01% New 89,678 $3.6M
Thrivent Financial for Lutherans 0.01% Add +12.0% 89,568 $3.5M
Van Eck Associates Corp. 0.00% Add +6.1% 87,975 $3.5M
Mercer Global Advisors Inc. 0.01% Add +22.0% 86,358 $3.4M
Amalgamated Bank 0.02% Reduce -3.5% 83,493 $3.3M
Marshall Wace, LLP 0.00% New 83,237 $3.3M
Nisa Investment Advisors, LLC 0.01% Reduce -8.7% 82,777 $3.3M
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -1.9% 80,731 $3.3M
Point72 Asset Management 0.01% New 82,194 $3.3M
Balyasny Asset Management L.P. 0.01% New 81,272 $3.2M
Resona Asset Management Co.,Ltd. 0.02% Reduce -4.0% 80,043 $3.2M
Mutual of America Capital Management LLC 0.03% Reduce -9.3% 79,040 $3.1M
Police & Firemen's Retirement System of New Jersey 0.03% Reduce -5.8% 78,738 $3.1M
Ameritas Investment Partners, Inc. 0.09% Reduce -3.2% 76,081 $3.0M
Daiwa Securities Group Inc. 0.01% Add +5.5% 75,228 $3.0M
American Century Companies Inc. 0.00% Add +4.1% 74,203 $2.9M
Systematic Financial Management LP 0.07% Add +21.0% 73,540 $2.9M
State of Tennessee, Department of Treasury 0.01% Reduce -4.1% 68,738 $2.9M
Janney Montgomery Scott LLC 0.01% Reduce -5.0% 71,823 $2.8M
Osaic Holdings, Inc. 0.00% Reduce -26.7% 71,116 $2.8M
Yousif Capital Management, LLC 0.03% Reduce -1.7% 64,594 $2.8M
Y-Intercept (Hong Kong) Ltd 0.06% Add +28.6% 69,108 $2.7M
AlphaQuest LLC 0.15% Add +684.0% 68,267 $2.7M
Ontario Teachers Pension Plan Board 0.06% Add +278.0% 68,051 $2.7M
Handelsbanken Fonder AB 0.01% Add +1.0% 67,800 $2.7M
Johnson Investment Counsel Inc. 0.02% Add +4.8% 67,569 $2.7M
Focus Partners Wealth 0.00% Add +126.1% 66,500 $2.6M
Investor's Fiduciary Advisor Network, LLC 0.55% Reduce -2.5% 64,723 $2.6M
Exchange Traded Concepts, LLC 0.02% Reduce -51.1% 63,462 $2.5M
&partners 0.01% Reduce -5.3% 60,947 $2.4M
Jane Street Group, LLC 0.00% Add +140.2% 59,425 $2.4M
TT Capital Management LLC 1.84% Add +55.7% 58,357 $2.3M
DekaBank Deutsche Girozentrale 0.00% No change 51,182 $2.3M
Values First Advisors, Inc. 1.17% Add +0.2% 56,728 $2.2M
Corient Private Wealth LP 0.00% Add +46.8% 55,671 $2.2M
Caxton Associates LLP 0.04% No change 54,067 $2.1M
Teachers Retirement System of the State of Kentucky 0.02% No change 54,005 $2.1M
Arizona State Retirement System 0.01% Reduce -4.9% 52,874 $2.1M
Louisiana State Employees Retirement System 0.04% No change 52,600 $2.1M
Magnetar Financial LLC 0.02% Add +421.6% 52,580 $2.1M
State of New Jersey Common Pension Fund D 0.01% Add +3.8% 52,402 $2.1M
Southland Equity Partners LLC 0.39% Reduce -3.1% 49,981 $2.0M
Truist Financial Corp. 0.00% Add +4.1% 49,771 $2.0M
Red Spruce Capital, LLC 0.78% Add +3.0% 49,501 $2.0M
KLP Kapitalforvaltning As 0.01% Add +2.3% 48,900 $1.9M
Cibc World Markets Corp. 0.01% — 47,799 $1.9M
Adams Asset Advisors, LLC 0.25% Add +10.2% 47,524 $1.9M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% Add +4.6% 46,374 $1.8M
Albion Financial Group 0.11% Reduce -13.4% 45,966 $1.8M
Metis Global Partners, LLC 0.04% Add +6.0% 44,923 $1.8M
State of Michigan Retirement System 0.01% Reduce -0.2% 44,884 $1.8M
Pensionfund PDN 1.13% No change 43,200 $1.7M
Bridgewater Associates 0.01% Add +7.4% 42,663 $1.7M
Northwestern Mutual Investment Management Company, LLC 0.02% Add +1.0% 42,492 $1.7M
Pasadena Private Wealth, LLC 0.23% New 42,041 $1.7M
Sumitomo Mitsui DS Asset Management Company, Ltd 0.01% No change 41,496 $1.6M
Cetera Investment Advisers 0.00% Reduce -2.5% 41,420 $1.6M
Riverwater Partners LLC 0.62% Add +19.3% 40,403 $1.6M
Weaver C. Barksdale & Associates, Inc. 1.62% Reduce -11.0% 38,880 $1.5M
UniSuper Management Pty Ltd 0.01% Reduce -27.7% 38,600 $1.5M
Sequoia Financial Advisors, LLC 0.01% Add +40.4% 38,553 $1.5M
Quadrant Capital Group LLC 0.05% Add +280.9% 37,770 $1.5M
Oregon Public Employees Retirement Fund 0.02% Reduce -0.8% 37,701 $1.5M
New Mexico Educational Retirement Board 0.04% No change 37,100 $1.5M
Vanguard Personalized Indexing Management, LLC 0.01% Reduce -24.2% 36,536 $1.4M
Penserra Capital Management LLC 0.02% Add +8.2% 34,891 $1.4M
Capital Management Associates, Inc 0.30% Reduce -8.0% 34,707 $1.4M
Assetmark, Inc. 0.00% Add +5.9% 33,957 $1.3M
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -0.7% 33,909 $1.3M
MFG Wealth Management, Inc. 1.03% Add +0.8% 33,204 $1.3M
Pathstone Holdings, LLC 0.01% Reduce -2.9% 32,946 $1.3M
Tudor Investment Corporation 0.01% New 32,794 $1.3M
Teacher Retirement System of Texas 0.00% Reduce -36.1% 32,109 $1.3M
COFG Advisors, LLC 0.31% — 31,582 $1.3M
Utah Retirement Systems 0.01% No change 30,925 $1.2M
IFM Investors Pty Ltd 0.01% Add +0.1% 30,472 $1.2M
Schnieders Capital Management, Llc. 0.19% Reduce -0.3% 30,341 $1.2M
Horizon Investments, LLC 0.02% Reduce -60.6% 30,321 $1.2M
Federation des caisses Desjardins du Quebec 0.00% Add +23.1% 30,124 $1.2M
SG Americas Securities, LLC 0.00% Reduce -58.7% 29,934 $1.2M
Summit Trail Advisors, LLC 0.02% Reduce -49.0% 29,115 $1.2M
Bank of Montreal 0.00% Reduce -26.0% 29,001 $1.1M
Burford Brothers, Inc. 0.47% New 28,907 $1.1M
Nissay Asset Management Corp. /Japan 0.01% Add +4.0% 28,771 $1.1M
Pictet Asset Management Holding SA 0.00% Add +9.3% 28,761 $1.1M
Inspire Advisors, LLC 0.10% Add +3.8% 28,480 $1.1M
M&T Bank Corp 0.00% Add +216.4% 27,493 $1.1M
State of Wisconsin Investment Board 0.00% Reduce -26.7% 27,223 $1.1M
Steward Partners Investment Advisory, LLC 0.01% Add +1.8% 27,182 $1.1M
MQS Management LLC 0.61% New 26,232 $1.0M
NEOS Investment Management LLC 0.01% Add +43.1% 25,924 $1.0M
Lazard Asset Management LLC 0.00% Add +0.1% 25,525 $1.0M
Jeppson Wealth Management, LLC 0.31% Add +0.3% 25,076 $994K
Kestra Advisory Services, LLC 0.00% Add +19.1% 24,400 $967K
Polymer Capital Management (US) LLC 0.12% Add +6.3% 24,198 $959K
Inscription Capital, LLC 0.10% Reduce -21.3% 23,755 $941K
Certified Advisory Corp 0.09% Add +0.2% 23,697 $939K
Merit Financial Group, LLC 0.01% Add +18.4% 23,435 $929K
Collar Capital Management, LLC 0.61% Add +3.0% 22,957 $910K
Pensionfund Sabic 0.25% No change 22,800 $904K
Pacer Advisors, Inc. 0.00% Reduce -35.5% 22,712 $900K
Foundations Investment Advisors, LLC 0.01% Add +258.4% 22,395 $888K
Orion Porfolio Solutions, LLC 0.01% Add +30.8% 22,305 $884K
Morey & Quinn Wealth Partners, LLC 0.63% No change 22,220 $881K
Campbell & CO Investment Adviser LLC 0.04% Add +246.4% 21,204 $840K
Versor Investments LP 0.13% Add +7.1% 20,992 $832K
J.W. Cole Advisors, Inc. 0.02% Reduce -8.5% 20,758 $823K
HighTower Advisors, LLC 0.00% Reduce -7.0% 20,742 $822K
Picton Mahoney Asset Management 0.01% Reduce -50.8% 19,947 $791K
Harbour Trust & Investment Management Co 0.08% Reduce -2.9% 19,875 $788K
Allie Family Office LLC 0.36% Add +19.0% 19,584 $776K
Sanctuary Advisors, LLC 0.00% Reduce -3.0% 19,581 $776K
EP Wealth Advisors, LLC 0.00% — 19,386 $768K
Pathway Financial Advisers, LLC 0.22% Reduce -0.9% 19,360 $767K
Knights of Columbus Asset Advisors LLC 0.04% Reduce -6.8% 19,238 $762K
Chicago Partners Investment Group LLC 0.02% Reduce -20.4% 17,732 $749K
Wesbanco Bank Inc. 0.02% Add +3.0% 18,563 $736K
Sterling Capital Management LLC 0.01% Reduce -2.6% 18,521 $734K
Rockefeller Capital Management L.P. 0.00% Add +20.9% 18,126 $718K
Spirit of America Management Corp. 0.15% No change 17,750 $703K
Xponance LLC 0.01% Reduce -16.4% 17,488 $693K
VARCOV Co. 0.27% — 17,277 $685K
Private Advisor Group, LLC 0.00% Add +2.2% 17,184 $681K
Neuberger Berman Group LLC 0.00% Reduce -0.9% 17,117 $678K
Syon Capital LLC 0.03% Reduce -8.3% 17,048 $676K
Evergreen Capital Management LLC 0.02% Reduce -26.1% 16,997 $674K
Ensign Peak Advisors, Inc 0.00% Reduce -41.0% 16,674 $661K
Linden Thomas Advisory Services, LLC 0.07% Reduce -3.3% 16,349 $648K
Susquehanna International Group, LLP 0.00% Add +59.6% 16,149 $640K
Ethic Inc. 0.01% Add +3.1% 15,881 $629K
Virtu Financial LLC 0.02% Add +180.0% 15,714 $623K
Public Employees Retirement Association of Colorado 0.00% No change 15,312 $607K
Cornercap Investment Counsel Inc. 0.30% Reduce -1.4% 15,214 $603K
Capital Square, LLC 0.30% Reduce -18.4% 14,845 $588K
Caprock Group, LLC 0.01% Reduce -16.2% 14,705 $583K
Samalin Investment Counsel, LLC 0.20% Add +5.7% 13,993 $555K
Groupe la Francaise 0.01% Add +3.7% 13,872 $550K
Crossmark Global Holdings, Inc. 0.01% Add +7.8% 13,872 $550K
Cambria Investment Management, L.P. 0.03% Add +0.0% 13,867 $550K
Securian Asset Management, Inc. 0.02% Reduce -2.4% 13,799 $547K
Farther Finance Advisors, LLC 0.01% Add +68.2% 13,791 $547K
Renaissance Technologies 0.00% Reduce -91.0% 13,500 $535K
Kera Capital Partners, Inc. 0.06% Reduce -2.1% 12,557 $523K
AlphaGrep UK Ltd 0.17% — 13,080 $518K
Nicholas Hoffman & Company, LLC. 0.01% Reduce -1.5% 13,065 $518K
NewEdge Advisors, LLC 0.00% Add +8.3% 12,914 $512K
CSS LLC 0.08% Reduce -0.3% 12,733 $505K
PSI Advisors, LLC 0.13% Add +1.5% 12,652 $501K
Prudential Financial Inc. 0.00% Reduce -38.3% 12,464 $496K
Intrua Financial, LLC 0.05% Add +5.5% 12,320 $488K
Evolve Private Wealth, LLC 0.03% — 12,282 $487K
Glenview Trust Co 0.01% No change 12,261 $486K
DoubleLine ETF Adviser LP 0.14% Add +4.1% 12,200 $483K
Atria Investments, Inc 0.01% Add +2.3% 11,927 $473K
Pallas Capital Advisors LLC 0.02% Reduce -28.9% 11,811 $468K
Bridgefront Capital, LLC 0.12% Reduce -44.5% 11,784 $467K
Purpose Unlimited Inc. 0.02% — 11,707 $464K
Baker Avenue Asset Management, LP 0.01% Reduce -13.2% 11,473 $455K
Tower Research Capital LLC (TRC) 0.01% Reduce -28.2% 11,456 $454K
Peak Financial Advisors LLC 0.20% Add +1.0% 11,433 $453K
Beacon Pointe Advisors, LLC 0.00% Reduce -17.1% 11,349 $450K
Swiss Life Asset Management Ltd 0.00% Add +28.9% 11,318 $449K
PharVision Advisers, LLC 0.22% New 11,199 $444K
NorthCrest Asset Manangement, LLC 0.01% Add +20.4% 10,924 $436K
Tidal Investments LLC 0.00% Add +0.0% 10,945 $434K
O'shaughnessy Asset Management, LLC 0.00% Reduce -44.6% 10,511 $417K
Virtue Capital Management, LLC 0.06% Reduce -96.7% 10,135 $401K
Hilltop Holdings Inc. 0.02% Add +13.0% 10,023 $397K
Brookwood Investment Group LLC 0.05% Add +5.2% 9,826 $389K
Aster Capital Management (DIFC) Ltd 0.17% Add +196.6% 9,798 $388K
Landscape Capital Management, L.L.C. 0.03% Reduce -51.1% 9,405 $373K
Signaturefd, LLC 0.01% Reduce -1.4% 9,348 $370K
World Investment Advisors 0.01% Add +7.0% 9,269 $367K
XTX Topco Ltd 0.01% New 9,176 $364K
MAI Capital Management 0.00% Add +9.7% 9,163 $363K
Curi Capital, LLC 0.01% New 9,086 $360K
Sivia Capital Partners, LLC 0.07% Reduce -15.7% 8,990 $356K
Certuity, LLC 0.02% Add +0.1% 8,990 $356K
Hantz Financial Services, Inc. 0.01% Reduce -5.7% 8,986 $356K
Sargent Investment Group, LLC 0.04% New 8,980 $356K
Krilogy Financial LLC 0.01% Reduce -41.3% 8,351 $352K
VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% Add +67.0% 8,850 $351K
Maryland State Retirement & Pension System 0.01% No change 8,718 $345K
Norinchukin Bank, The 0.00% Reduce -2.6% 8,691 $344K
Rothschild Investment LLC 0.02% Add +102.2% 8,636 $342K
Integrated Wealth Concepts LLC 0.00% Reduce -1.7% 8,569 $340K
NewEdge Wealth, LLC 0.00% Add +8.7% 8,560 $339K
Guggenheim Capital LLC 0.00% Add +16.7% 8,469 $336K
Caerus Investment Advisors, LLC 0.11% Add +24.8% 8,007 $317K
Brevan Howard Capital Management LP 0.01% Reduce -76.5% 8,003 $317K
Allstate Corp. 0.00% Add +25.4% 7,756 $307K
Sigma Planning Corp 0.01% Add +7.5% 7,737 $307K
Abel Hall, LLC 0.07% Reduce -1.2% 7,590 $301K
Castle Rock Wealth Management, LLC 0.07% Add +2.6% 7,212 $301K
Allworth Financial LP 0.00% Add +13.6% 7,573 $300K
Romano Brothers and Company 0.03% No change 7,495 $297K
Sepio Capital, LP 0.02% New 7,486 $297K
Simplex Trading, LLC 0.01% New 7,366 $292K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +7.2% 7,286 $289K
waypoint wealth counsel 0.11% Reduce -2.1% 7,266 $288K
Mgo One Seven LLC 0.01% Reduce -11.4% 7,238 $287K
Bartlett & Co. Wealth Management LLC 0.00% Reduce -17.7% 7,200 $285K
Waddell & Associates, LLC 0.02% New 7,172 $284K
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% Add +35.6% 7,144 $283K
Cresset Asset Management, LLC 0.00% Reduce -21.1% 7,143 $283K
Gables Capital Management Inc. 0.12% No change 7,100 $281K
Perigon Wealth Management, LLC 0.01% Add +7.2% 7,075 $280K
DAVENPORT & Co LLC 0.00% Reduce -9.4% 6,954 $276K
HUB Investment Partners, LLC 0.01% Reduce -13.1% 6,945 $275K
D.A. Davidson & Co. 0.00% New 6,925 $274K
Axxcess Wealth Management, LLC 0.00% New 6,917 $274K
HB Wealth Management, LLC 0.00% Add +23.9% 6,893 $273K
Shelton Capital Management 0.01% No change 6,734 $267K
Parallel Advisors, LLC 0.00% Add +17.4% 6,710 $266K
Machina Capital S.A.S. 0.05% No change 6,594 $261K
North Dakota State Investment Board 0.01% — 6,567 $260K
Beto Financial Group, LLC 0.17% — 6,220 $258K
Arax Advisory Partners 0.01% Reduce -94.6% 6,465 $256K
Optas, LLC 0.04% New 6,353 $252K
Jackson Thornton Wealth Management, LLC 0.02% Reduce -32.0% 6,221 $251K
Inceptionr LLC 0.07% Reduce -58.6% 6,185 $245K
DGS Capital Management, LLC 0.04% Add +1.8% 6,138 $243K
Choreo, LLC 0.00% Reduce -41.8% 6,076 $242K
PNC Financial Services Group, Inc. 0.00% Reduce -8.8% 6,082 $241K
Crestwood Advisors Group, LLC 0.00% New 6,037 $239K
Interchange Capital Partners, LLC 0.04% New 6,024 $239K
Axq Capital, LP 0.05% New 5,979 $237K
Wealthcare Advisory Partners LLC 0.00% Add +15.5% 5,926 $235K
EverSource Wealth Advisors, LLC 0.01% Reduce -14.5% 5,886 $233K
CIBC Asset Management Inc 0.00% No change 5,856 $232K
US Bancorp \de 0.00% Reduce -8.1% 5,851 $232K
Fifth Third Wealth Advisors LLC 0.01% Add +0.0% 5,748 $228K
SC&H Financial Advisors, Inc. 0.04% Reduce -26.5% 5,744 $228K
Altar Rock LLC 0.27% — 5,715 $226K
Canada Pension Plan Investment Board 0.00% New 5,700 $226K
Parcion Private Wealth LLC 0.01% New 5,677 $225K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +33.6% 5,568 $221K
Fiduciary Alliance LLC 0.01% Reduce -2.6% 5,552 $220K
KBC Group NV 0.00% No change 5,515 $219K
Focus Partners Advisor Solutions, LLC 0.00% Reduce -71.0% 5,500 $218K
Versant Capital Management, Inc 0.03% Reduce -44.1% 5,492 $218K
United Capital Financial Advisors, LLC 0.00% New 5,490 $218K
Park Avenue Securities LLC 0.00% Reduce -1.8% 5,484 $217K
Alps Advisors Inc. 0.00% Reduce -25.2% 5,411 $214K
Transcend Capital Advisors, LLC 0.02% Add +1.8% 5,276 $209K
Essential Partners LLC 0.06% Reduce -28.6% 5,270 $209K
Coldstream Capital Management Inc. 0.00% Reduce -16.8% 5,267 $209K
Verity Asset Management, Inc. 0.09% New 5,265 $209K
Plan Group Financial, LLC 0.05% Add +0.7% 5,253 $208K
GW Henssler & Associates Ltd. 0.01% Reduce -45.4% 5,249 $208K
Panagora Asset Management Inc. 0.00% Reduce -21.5% 5,198 $206K
AlphaCore Capital LLC 0.00% Reduce -9.0% 5,193 $206K
Ballentine Partners, LLC 0.00% Reduce -18.7% 5,153 $204K
Boothbay Fund Management, LLC 0.01% Reduce -43.5% 5,126 $203K
Gsa Capital Partners LLP 0.02% New 5,062 $201K
Praxis Investment Management Inc. 0.01% No change 5,050 $200K
Northwestern Mutual Wealth Management Co. 0.00% Add +177.9% 4,938 $196K
Hanson & Doremus Investment Management 0.02% New 4,725 $187K
Duncker Streett & Co. Inc. 0.03% No change 4,500 $178K
STRS Ohio 0.00% Reduce -96.7% 4,479 $178K
Huntington National Bank 0.00% Reduce -10.0% 4,426 $175K
Private Trust Co. NA 0.01% No change 4,242 $168K
Jones Financial Companies LLLP 0.00% Add +24.5% 4,185 $166K
Montag A & Associates Inc. 0.01% No change 3,613 $143K
Atlantic Union Bankshares Corp 0.00% Reduce -4.3% 3,300 $131K
IFP Advisors, Inc 0.00% Add +76.3% 3,140 $124K
GF Fund Management Co. LTD. 0.00% Reduce -1.1% 3,128 $124K
Globeflex Capital L P 0.02% No change 3,057 $121K
FIL Ltd 0.00% Reduce -25.8% 2,737 $108K
Mitsubishi UFJ Trust & Banking Corp 0.00% New 2,634 $104K
Gold Investment Management Ltd. 0.03% Reduce -3.2% 2,606 $103K
UMB Bank, n.a. 0.00% Add +11.5% 2,587 $103K
Vestcor Inc 0.00% Reduce -96.7% 2,317 $92K
Fifth Third Bancorp 0.00% Reduce -3.1% 2,170 $86K
Lanark Financial, Inc. 0.01% Reduce -7.1% 1,917 $76K
Wolverine Asset Management LLC 0.00% No change 1,800 $71K
Bokf, NA 0.00% No change 1,800 $71K
Covestor Ltd 0.04% Reduce -0.4% 1,809 $71K
GAMMA Investing LLC 0.00% Reduce -56.4% 1,650 $65K
LRI Investments, LLC 0.01% No change 1,613 $64K
Heritage Wealth Advisors 0.00% No change 1,600 $63K
Fulcrum Asset Management LLP 0.02% No change 1,514 $60K
Quaker Wealth Management, LLC 0.02% Reduce -0.4% 1,515 $60K
Bessemer Group Inc. 0.00% Reduce -61.1% 1,493 $59K
Quent Capital, LLC 0.00% Add +18.1% 1,408 $56K
Key Capital Management, INC 0.05% — 1,377 $55K
Ancora Advisors LLC 0.00% Add +1076.1% 1,376 $55K
SJS Investment Consulting Inc. 0.01% Add +20.3% 1,337 $53K
Inlight Wealth Management, LLC 0.02% No change 1,334 $53K
Spire Wealth Management 0.00% No change 1,323 $52K
Bruce G. Allen Investments, LLC 0.03% Add +10.8% 1,292 $51K
Transamerica Financial Advisors, LLC 0.00% Add +49.4% 1,240 $49K
True Wealth Design, LLC 0.01% Reduce -32.0% 1,237 $49K
Ascentis Wealth Management, LLC 0.01% No change 1,186 $47K
Smartleaf Asset Management LLC 0.00% Reduce -6.9% 1,167 $46K
CENTRAL TRUST Co 0.00% No change 1,100 $44K
Danske Bank A/S 0.00% Reduce -96.1% 1,100 $44K
CIBC Private Wealth Group LLC 0.00% Add +28.2% 1,099 $44K
Global Retirement Partners, LLC 0.00% Add +888.3% 1,097 $43K
Truvestments Capital LLC 0.01% Add +0.3% 1,086 $43K
Horizons Wealth Management 0.03% No change 975 $39K
Los Angeles Capital Management LLC 0.00% New 936 $38K
Caitong International Asset Management Co., Ltd 0.01% Add +35.9% 951 $38K
Capital Advisors, Ltd. LLC 0.00% Add +49.0% 943 $37K
First United Bank & Trust 0.01% No change 900 $36K
Avalon Trust Co 0.00% No change 818 $32K
Hazlett, Burt & Watson, Inc. 0.01% Add +38.8% 805 $32K
Clearstead Advisors, LLC 0.00% Reduce -71.7% 806 $32K
V-Square Quantitative Management LLC 0.00% New 779 $31K
Quarry LP 0.01% Add +220.3% 756 $30K
Larson Financial Group LLC 0.00% Add +129.6% 721 $29K
Loomis Sayles & Co. L P 0.00% No change 701 $28K
Chung Wu Investment Group, LLC 0.02% No change 700 $28K
WealthCollab, LLC 0.01% Add +13.5% 682 $27K
International Assets Investment Management, LLC 0.00% New 600 $24K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -2.0% 574 $23K
Ameriflex Group, Inc. 0.01% Reduce -75.5% 573 $23K
Caldwell Trust Co 0.00% No change 552 $22K
Prosperity Bancshares Inc 0.02% — 541 $21K
Westside Investment Management, Inc. 0.00% No change 513 $20K
Western Pacific Wealth Management, LP 0.02% No change 505 $20K
Bullock Wealth Management Group 0.01% — 500 $20K
North Star Investment Management Corp. 0.00% No change 500 $20K
SageView Advisory Group, LLC 0.00% New 489 $19K
Nalls Sherbakoff Group, LLC 0.01% New 481 $19K
Elevation Wealth Partners, LLC 0.01% Add +719.0% 475 $19K
Wiser Advisor Group LLC 0.02% No change 462 $18K
Johnson Financial Group, Inc. 0.00% Reduce -70.1% 450 $18K
Bogart Wealth, LLC 0.00% No change 447 $18K
TCTC Holdings, LLC 0.00% No change 444 $18K
Tidemark, LLC 0.00% Add +1.5% 413 $16K
Rialto Wealth Management, LLC 0.00% Reduce -2.1% 381 $15K
Sunbelt Securities, Inc. 0.00% Reduce -13.4% 368 $15K
AdvisorNet Financial, Inc 0.00% Reduce -0.3% 364 $14K
Parkside Financial Bank & Trust 0.00% Add +29.6% 324 $13K
Financial Consulate, Inc. 0.00% Add +1.3% 304 $12K
Annis Gardner Whiting Capital Advisors, LLC 0.00% No change 300 $12K
City Holding Co. 0.00% No change 300 $12K
JNBA Financial Advisors 0.00% No change 279 $11K
Whittier Trust Co. 0.00% No change 258 $10K
Harbour Investments, Inc. 0.00% No change 259 $10K
Triumph Capital Management 0.00% New 250 $10K
Millstone Evans Group, LLC 0.01% Reduce -76.3% 243 $10K
Birchbrook, Inc. 0.00% No change 240 $10K
Stephens Consulting, LLC 0.00% No change 240 $10K
Garton & Associates Financial Advisors LLC 0.01% — 219 $9K
Kingdom Financial Group LLC. 0.00% New 215 $9K
Richardson Financial Services Inc. 0.00% No change 215 $9K
First Command Advisory Services, Inc. 0.00% New 200 $8K
ORG Partners LLC 0.00% New 186 $7K
Washington Trust Advisors, Inc. 0.00% Add +33.8% 182 $7K
Pinnacle Bancorp, Inc. 0.00% No change 179 $7K
Farmers & Merchants Investments Inc. 0.00% Add +5.0% 168 $7K
HM Payson & Co. 0.00% No change 165 $7K
Pinnacle Wealth Planning Services, Inc. 0.00% New 160 $6K
Clearstead Trust, LLC 0.00% Reduce -64.9% 142 $6K
Activest Wealth Management 0.00% New 123 $5K
Carolina Wealth Advisors, LLC 0.00% New 120 $5K
Addison Advisors LLC 0.00% Reduce -48.4% 116 $5K
Basecamp Wealth Advisors LLC 0.00% — 104 $4K
Capital Analysts, LLC 0.00% No change 100 $4K
Cape Investment Advisory, Inc. 0.00% New 100 $4K
Country Trust Bank 0.00% No change 100 $4K
Bell Investment Advisors, Inc 0.00% Reduce -26.1% 99 $4K
Caldwell Sutter Capital, Inc. 0.00% New 90 $4K
Moisand Fitzgerald Tamayo, LLC 0.00% No change 87 $3K
McGuire Capital Advisors Inc. 0.00% — 86 $3K
Concord Wealth Partners 0.00% No change 84 $3K
Strategic Wealth Partners, Ltd. 0.00% No change 74 $3K
Keating Financial Advisory Services, Inc. 0.00% — 73 $3K
Brown Brothers Harriman & Co. 0.00% No change 66 $3K
Prestige Wealth Management Group LLC 0.00% No change 64 $3K
DV Trading LLC 0.00% — 60 $2K
Strategic Advocates LLC 0.00% No change 56 $2K
Rossby Financial, LCC 0.00% Add +273.3% 56 $2K
Financial Network Wealth Advisors LLC 0.00% No change 54 $2K
Avion Wealth 0.00% Reduce -59.6% 67 $2K
Toronto Dominion Bank 0.00% Add +1400.0% 45 $2K
Elyxium Wealth, LLC 0.00% New 43 $2K
Legacy Wealth Managment, LLC 0.00% No change 40 $2K
Optima Capital LLC 0.00% New 37 $1K
Root Financial Partners, LLC 0.00% New 37 $1K
SWAN Capital LLC 0.00% No change 36 $1K
Harbor Investment Advisory, LLC 0.00% Reduce -20.4% 35 $1K
Private Wealth Management Group, LLC 0.00% Reduce -17.9% 32 $1K
Winnacle Wealth LLC 0.00% New 31 $1K
Ares Financial Consulting, LLC 0.00% — 31 $1K
Caitlin John, LLC 0.00% No change 30 $1K
Sachetta, LLC 0.00% Reduce -65.8% 27 $1K
CoreCap Advisors, LLC 0.00% Reduce -71.1% 26 $1K
FNY Investment Advisers, LLC 0.00% New 35 $1K
Cromwell Holdings LLC 0.00% No change 25 $991
Physician Wealth Advisors, Inc. 0.00% Reduce -83.0% 25 $991
Blue Trust, Inc. 0.00% Reduce -81.6% 25 $991
SouthState Bank Corp 0.00% No change 23 $912
Motco 0.00% No change 18 $713
Mountain Hill Investment Partners Corp. 0.00% No change 13 $524
Acumen Wealth Advisors, LLC 0.00% — 13 $516
Cornerstone Financial Management LLC 0.00% — 13 $515
Golden State Wealth Management, LLC 0.00% No change 13 $515
CVA Family Office, LLC 0.00% Add +8.3% 13 $515
Fortitude Family Office, LLC 0.00% No change 12 $476
Dunhill Financial, LLC 0.00% New 11 $427
Trust Co 0.00% New 9 $357
American Capital Advisory, LLC 0.00% No change 6 $238
Principia Wealth Advisory, LLC 0.00% New 3 $119
MV Capital Management, Inc. 0.00% No change 2 $80
Hughes Financial Services, LLC 0.00% Reduce -99.1% 1 $40

"% of holder's portfolio" is NNN's weight in each manager's 13F, not the share of NNN REIT Inc. the manager owns.