Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in NHI held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 4.8M | $388.7M | -0.5% | 9.917% | 0.01% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.1M | $334.9M | — | 8.546% | 0.02% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 2.1M | $168.6M | — | 4.301% | 0.00% |
| 4 | STATE STREET CORP | 2.0M | $161.4M | -1.1% | 4.073% | 0.01% |
| 5 | PRINCIPAL FINANCIAL GROUP INC | 1.7M | $137.5M | +2.0% | 3.509% | 0.07% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 1.3M | $106.0M | +3.9% | 2.705% | 0.01% |
| 7 | PRUDENTIAL FINANCIAL INC | 1.1M | $92.0M | +13.4% | 2.346% | 0.11% |
| 8 | BANK OF AMERICA CORP /DE/ | 993K | $80.3M | +20.0% | 2.048% | 0.01% |
| 9 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 897K | $72.6M | -1.5% | 1.851% | 0.12% |
| 10 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 826K | $66.8M | +1.1% | 1.704% | 0.01% |
| 11 | MILLENNIUM MANAGEMENT LLC | 762K | $61.6M | +62.1% | 1.572% | 0.04% |
| 12 | DIMENSIONAL FUND ADVISORS LP | 686K | $55.5M | +2.7% | 1.416% | 0.01% |
| 13 | Land & Buildings Investment Management, LLC | 587K | $47.5M | +42.1% | 1.212% | 8.03% |
| 14 | NORTHERN TRUST CORP | 563K | $45.5M | +2.3% | 1.161% | 0.01% |
| 15 | Bank of New York Mellon Corp | 515K | $41.6M | -4.2% | 1.062% | 0.01% |
| 16 | CENTERSQUARE INVESTMENT MANAGEMENT LLC | 464K | $37.5M | -59.8% | 0.956% | 0.39% |
| 17 | Qube Research & Technologies Ltd | 430K | $34.7M | +84.9% | 0.886% | 0.04% |
| 18 | TWO SIGMA INVESTMENTS, LP | 420K | $34.0M | +70.4% | 0.867% | 0.03% |
| 19 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 383K | $31.0M | +747.7% | 0.790% | 0.00% |
| 20 | MORGAN STANLEY | 380K | $30.7M | +59.9% | 0.784% | 0.00% |
| 21 | VANGUARD FIDUCIARY TRUST CO | 312K | $25.2M | — | 0.643% | 0.01% |
| 22 | Sound Income Strategies, LLC | 258K | $21.1M | +0.3% | 0.532% | 1.02% |
| 23 | BOWEN HANES & CO INC | 260K | $21.0M | 0.0% | 0.536% | 0.51% |
| 24 | Freestone Grove Partners LP | 258K | $20.9M | -9.9% | 0.532% | 0.15% |
| 25 | UBS ASSET MANAGEMENT AMERICAS INC | 236K | $19.1M | +0.9% | 0.487% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in NHI — a direct measure of their conviction.
Filings activity in NHI during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 311 | +7.2% | 73.91% | +2.31 pp | $2.58B | +3.2% |
| Q4 2025 | 290 | +3.9% | 71.60% | 2.21 pp | $2.50B | 3.0% |
| Q3 2025 | 279 | +1.8% | 73.81% | +7.18 pp | $2.58B | +11% |
| Q2 2025 | 274 | 0.7% | 66.63% | +3.21 pp | $2.33B | +5.1% |
| Q1 2025 | 276 | +1.8% | 63.42% | +3.37 pp | $2.22B | +5.6% |
| Q4 2024 | 271 | 1.5% | 60.05% | 8.08 pp | $2.10B | 12% |
| Q3 2024 | 275 | +22% | 68.13% | +16.67 pp | $2.38B | +32% |
| Q2 2024 | 225 | — | 51.46% | — | $1.80B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Latest Form 4 transactions by company officers and directors. Insider buys are widely viewed as the highest-conviction signal because executives are risking personal capital.
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| Jun 5, 2026 | Mendelsohn D. Eric | Buy | 2K | $68.84 | $103K |
Quick answers to the most common questions about buying NHI stock.
Based on Q1 2026 13F filings, institutional ownership of National Health Investors, Inc. stands at 73.9%, held across 311 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of NHI, with approximately 4,806,857 shares worth $0.39B as of Q1 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of NHI, including MILLENNIUM MANAGEMENT LLC, TWO SIGMA INVESTMENTS, LP, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for NHI is 74 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
56 institutions opened new positions in NHI during Q1 2026, while 35 fully exited. 193 added to existing positions and 59 trimmed.
NHI institutional ownership rose by 2.31 percentage points quarter-over-quarter, with a net change of +21 holders.
The top 10 institutions account for 62.3% of all reported 13F value in NHI, and the top 25 account for 82.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
National Health Investors, Inc. (NHI) Institutional Ownership