Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in NLOP held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.6M | $19.0M | +19.8% | 11.120% | 0.00% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 880K | $10.1M | β | 5.937% | 0.00% |
| 3 | STATE STREET CORP | 419K | $6.2M | +1.1% | 2.831% | 0.00% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 366K | $4.2M | -14.0% | 2.469% | 0.00% |
| 5 | MILLENNIUM MANAGEMENT LLC | 303K | $3.5M | +85.1% | 2.045% | 0.00% |
| 6 | TWO SIGMA INVESTMENTS, LP | 285K | $3.3M | +305.7% | 1.921% | 0.00% |
| 7 | DIMENSIONAL FUND ADVISORS LP | 173K | $2.0M | -11.3% | 1.167% | 0.00% |
| 8 | Man Group plc | 172K | $2.0M | +196.6% | 1.159% | 0.00% |
| 9 | K2 PRINCIPAL FUND, L.P. | 160K | $1.8M | +3.7% | 1.082% | 0.20% |
| 10 | VELA Investment Management, LLC | 134K | $1.5M | +41.8% | 0.903% | 0.36% |
| 11 | Rangeley Capital, LLC | 115K | $1.3M | +67.7% | 0.775% | 1.40% |
| 12 | NORTHERN TRUST CORP | 112K | $1.3M | +4.9% | 0.758% | 0.00% |
| 13 | LAZARD ASSET MANAGEMENT LLC | 108K | $1.2M | β | 0.731% | 0.00% |
| 14 | MORGAN STANLEY | 106K | $1.2M | -0.6% | 0.715% | 0.00% |
| 15 | LPL Financial LLC | 93K | $1.1M | +169.4% | 0.630% | 0.00% |
| 16 | VANGUARD FIDUCIARY TRUST CO | 93K | $1.1M | β | 0.625% | 0.00% |
| 17 | GOLDMAN SACHS GROUP INC | 90K | $1.0M | +106.5% | 0.606% | 0.00% |
| 18 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 88K | $1.0M | -13.7% | 0.592% | 0.00% |
| 19 | GABELLI & Co INVESTMENT ADVISERS, INC. | 86K | $995K | +11.3% | 0.583% | 0.15% |
| 20 | VANGUARD PORTFOLIO MANAGEMENT LLC | 86K | $993K | β | 0.582% | 0.00% |
| 21 | Brooklyn Investment Group | 85K | $978K | β | 0.573% | 0.03% |
| 22 | AQR CAPITAL MANAGEMENT LLC | 71K | $821K | +385.3% | 0.481% | 0.00% |
| 23 | RAYMOND JAMES FINANCIAL INC | 63K | $720K | +7.2% | 0.422% | 0.00% |
| 24 | RENAISSANCE TECHNOLOGIES LLC | 58K | $673K | +41.8% | 0.394% | 0.00% |
| 25 | Bank of New York Mellon Corp | 54K | $621K | -4.3% | 0.364% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in NLOP β a direct measure of their conviction.
Filings activity in NLOP during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new NLOP position in Q1 2026
Institutions that fully closed their NLOP position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 247 | +0.4% | 48.37% | 66.02 pp | $84M | 58% |
| Q4 2025 | 246 | +1.2% | 114.39% | 21.65 pp | $199M | 16% |
| Q3 2025 | 243 | 0.4% | 136.04% | 16.56 pp | $237M | 11% |
| Q2 2025 | 244 | 3.2% | 152.60% | +6.62 pp | $266M | +4.5% |
| Q1 2025 | 252 | 5.3% | 145.98% | 19.65 pp | $254M | 12% |
| Q4 2024 | 266 | +6.8% | 165.63% | +8.55 pp | $289M | +5.4% |
| Q3 2024 | 249 | 1.6% | 157.08% | +25.40 pp | $274M | +19% |
| Q2 2024 | 253 | β | 131.68% | β | $229M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying NLOP stock.
Based on Q1 2026 13F filings, institutional ownership of Net Lease Office Properties stands at 48.4%, held across 247 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of NLOP, with approximately 1,647,308 shares worth $0.02B as of Q1 2026.
Yes β 3 widely-followed marquee investors appear among the top 25 institutional holders of NLOP, including MILLENNIUM MANAGEMENT LLC, TWO SIGMA INVESTMENTS, LP, RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for NLOP is 51 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
45 institutions opened new positions in NLOP during Q1 2026, while 44 fully exited. 26 added to existing positions and 172 trimmed.
NLOP institutional ownership fell by 66.02 percentage points quarter-over-quarter, with a net change of +1 holders.
The top 10 institutions account for 63.6% of all reported 13F value in NLOP, and the top 25 account for 81.5%.
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.
Net Lease Office Properties (NLOP) Institutional Ownership