NNN REIT, INC. (NNN) — Institutional Holders, Q2 2026

605 institutional investment managers reported a NNN position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $8.9B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← NNN stock profile

NNN in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

254

Trimmed

162

Sold out

Biggest buyers

AQR CAPITAL MANAGEMENTAdded · +5,915,740 sh+$275.3M
COHEN & STEERSAdded · +4,734,411 sh+$220.3M
Daiwa Securities GroupAdded · +1,852,320 sh+$86.2M
LEUCADIA NATIONALAdded · +889,325 sh+$41.4M
MORGAN STANLEYAdded · +885,619 sh+$41.2M

Biggest sellers

FMRTrimmed · -7,799,724 sh-$362.9M
VICTORY CAPITAL MANAGEMENTTrimmed · -2,267,194 sh-$105.5M
Mondrian Investment Partners LTDTrimmed · -642,630 sh-$29.9M
RUSH ISLAND MANAGEMENTTrimmed · -625,193 sh-$29.1M
DEPRINCE RACE & ZOLLOSold out · -575,208 sh-$26.8M

NNN 13F holders ranked 1–100 of 605

Institutional investors reporting a position in NNN REIT, INC. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 26,708,613 sh	26,708,613	$1.2B	0.02%	+3.0%
2	VANGUARD PORTFOLIO MANAGEMENT#2 · 16,778,215 sh	16,778,215	$780.7M	0.04%	+1.0%
3	FMR#3 · 11,436,861 sh	11,436,861	$532.2M	0.02%	-40.5%
4	STATE STREET#4 · 11,346,545 sh	11,346,545	$528.0M	0.02%	+0.1%
5	AQR CAPITAL MANAGEMENT#5 · 9,773,107 sh	9,773,107	$454.7M	0.16%	+153.4%
6	VANGUARD CAPITAL MANAGEMENT#6 · 8,557,962 sh	8,557,962	$398.2M	<0.01%	+1.0%
7	VICTORY CAPITAL MANAGEMENT#7 · 6,051,488 sh	6,051,488	$281.6M	0.16%	-27.3%
8	COHEN & STEERS#8 · 4,979,814 sh	4,979,814	$231.7M	0.37%	+1929.2%
9	GEODE CAPITAL MANAGEMENT#9 · 4,403,909 sh	4,403,909	$205.0M	0.01%	+1.2%
10	MORGAN STANLEY#10 · 3,810,780 sh	3,810,780	$177.3M	<0.01%	+30.3%
11	FEDERATED HERMES#11 · 3,127,776 sh	3,127,776	$145.5M	0.21%	+3.2%
12	CHARLES SCHWAB INVESTMENT MANAGEMENT#12 · 3,115,354 sh	3,115,354	$145.0M	0.02%	+4.6%
13	DIMENSIONAL FUND ADVISORS#13 · 2,818,943 sh	2,818,943	$131.2M	0.02%	+0.1%
14	MASSACHUSETTS FINANCIAL SERVICES#14 · 2,558,445 sh	2,558,445	$128.7M	0.04%	-14.0%
15	Quantinno Capital Management#15 · 2,576,763 sh	2,576,763	$119.9M	0.14%	+46.6%
16	NORGES BANK#16 · 2,523,970 sh	2,523,970	$117.4M	0.01%	—
17	RUSH ISLAND MANAGEMENT#17 · 2,474,091 sh	2,474,091	$115.1M	7.63%	-20.2%
18	JPMORGAN CHASE#18 · 2,414,562 sh	2,414,562	$114.7M	<0.01%	+6.9%
19	GOLDMAN SACHS GROUP#19 · 2,023,201 sh	2,023,201	$94.1M	<0.01%	+0.6%
20	NORTHERN#20 · 1,972,015 sh	1,972,015	$91.8M	0.01%	+2.7%
21	Daiwa Securities Group#21 · 1,930,802 sh	1,930,802	$89.8M	0.18%	+2360.2%
22	TWO SIGMA INVESTMENTS#22 · 1,928,645 sh	1,928,645	$89.7M	0.07%	+4.3%
23	BANK OF AMERICA#23 · 1,885,611 sh	1,885,611	$87.7M	<0.01%	+74.0%
24	Bank of New York Mellon#24 · 1,836,020 sh	1,836,020	$85.4M	0.01%	-3.4%
25	EQUITY INVESTMENT#25 · 1,667,015 sh	1,667,015	$77.6M	1.48%	+0.3%
26	LEUCADIA NATIONAL#26 · 1,431,000 sh	1,431,000	$66.6M	0.44%	+164.2%
27	PRUDENTIAL FINANCIAL#27 · 1,365,007 sh	1,365,007	$63.5M	0.07%	+0.3%
28	VANGUARD FIDUCIARY#28 · 1,201,246 sh	1,201,246	$55.9M	0.01%	+1.9%
29	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#29 · 1,180,472 sh	1,180,472	$54.9M	0.01%	-1.5%
30	UBS Group AG#30 · 1,176,831 sh	1,176,831	$54.8M	<0.01%	+14.0%
31	Mondrian Investment Partners LTD#31 · 1,123,643 sh	1,123,643	$52.3M	—	-36.4%
32	Hudson Bay Capital Management#32 · 1,102,191 sh	1,102,191	$51.3M	0.14%	-0.7%
33	Legal & General Group Plc#33 · 968,777 sh	968,777	$45.1M	<0.01%	-7.0%
34	Epoch Investment Partners#34 · 967,943 sh	967,943	$45.0M	0.26%	-5.1%
35	Treasurer of the State of North Carolina#35 · 848,251 sh	848,251	$39.5M	0.10%	+260.5%
36	Clearbridge Investments#36 · 812,545 sh	812,545	$37.8M	0.03%	-2.0%
37	Allianz Asset Management GmbH#37 · 843,240 sh	843,240	$36.5M	0.03%	-1.8%
38	RAYMOND JAMES FINANCIAL#38 · 761,008 sh	761,008	$35.4M	<0.01%	+6.3%
39	Invesco Ltd.#39 · 725,323 sh	725,323	$33.7M	<0.01%	-1.6%
40	HSBC PLC#40 · 689,173 sh	689,173	$32.2M	0.01%	+33.2%
41	CITADEL ADVISORS#41 · 680,700 sh	680,700	$31.7M	<0.01%	+9.2%
42	Sumitomo Mitsui#42 · 657,602 sh	657,602	$30.6M	0.02%	-21.0%
43	IEQ CAPITAL#43 · 632,349 sh	632,349	$29.4M	0.14%	+62.4%
44	Arbejdsmarkedets Tillaegspension#44 · 628,200 sh	628,200	$29.2M	0.64%	+5.0%
45	Creative Planning#45 · 618,874 sh	618,874	$28.8M	0.02%	+36.8%
46	ProShare Advisors#46 · 600,442 sh	600,442	$27.9M	0.04%	-1.0%
47	Artisan Partners Limited Partnership#47 · 589,204 sh	589,204	$27.4M	0.04%	-35.8%
48	Fisher Asset Management#48 · 574,722 sh	574,722	$26.7M	<0.01%	+216.7%
49	AMERIPRISE FINANCIAL#49 · 570,615 sh	570,615	$26.6M	<0.01%	-2.9%
50	HRT FINANCIAL#50 · 549,517 sh	549,517	$25.6M	0.06%	+587.5%
51	RHUMBLINE ADVISERS#51 · 530,876 sh	530,876	$24.7M	0.02%	+1.0%
52	AGF MANAGEMENT LTD#52 · 529,142 sh	529,142	$24.6M	0.10%	-1.4%
53	LASALLE INVESTMENT MANAGEMENT SECURITIES#53 · 512,634 sh	512,634	$23.9M	0.85%	-30.8%
54	ALGERT GLOBAL#54 · 506,434 sh	506,434	$23.6M	0.28%	+91.0%
55	APG Asset Management US#55 · 500,350 sh	500,350	$23.3M	0.16%	0.0%
56	Sound Income Strategies#56 · 492,874 sh	492,874	$22.9M	—	+3.5%
57	PRINCIPAL FINANCIAL GROUP#57 · 474,527 sh	474,527	$22.1M	0.01%	+1.4%
58	Verity & Verity#58 · 473,845 sh	473,845	$22.0M	—	+0.5%
59	STIFEL FINANCIAL#59 · 471,049 sh	471,049	$21.9M	0.02%	+2.8%
60	Gotham Asset Management#60 · 469,244 sh	469,244	$21.8M	0.05%	-31.4%
61	RENAISSANCE TECHNOLOGIES#61 · 441,800 sh	441,800	$20.6M	0.03%	+293.8%
62	GREAT WEST LIFE ASSURANCE#62 · 440,878 sh	440,878	$20.5M	0.03%	+1.6%
63	Corient Private Wealth#63 · 434,654 sh	434,654	$20.2M	0.03%	+35.7%
64	SNYDER CAPITAL MANAGEMENT L P#64 · 431,298 sh	431,298	$20.1M	0.35%	-2.9%
65	DEUTSCHE BANK AG\#65 · 428,998 sh	428,998	$20.0M	<0.01%	+287.0%
66	abrdn plc#66 · 404,093 sh	404,093	$18.8M	0.03%	-25.3%
67	Mariner#67 · 394,351 sh	394,351	$18.4M	0.02%	+147.9%
68	Swiss National Bank#68 · 381,800 sh	381,800	$17.8M	<0.01%	+1.6%
69	TECTONIC ADVISORS#69 · 379,607 sh	379,607	$17.7M	—	+5.9%
70	Jain Global#70 · 364,357 sh	364,357	$17.0M	0.07%	+13.6%
71	Gerald Baker Financial Group#71 · 346,549 sh	346,549	$16.1M	—	+37.1%
72	Cerity Partners#72 · 342,474 sh	342,474	$15.9M	0.02%	+129.6%
73	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#73 · 339,984 sh	339,984	$15.8M	<0.01%	+4089.6%
74	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#74 · 339,115 sh	339,115	$15.8M	<0.01%	-24.8%
75	Asset Management One , Ltd.#75 · 325,008 sh	325,008	$15.1M	—	+5.3%
76	Nuveen#76 · 317,311 sh	317,311	$14.8M	<0.01%	-2.8%
77	ROYAL BANK OF CANADA#77 · 315,395 sh	315,395	$14.7M	<0.01%	-18.1%
78	NOMURA ASSET MANAGEMENT INTERNATIONAL#78 · 311,469 sh	311,469	$14.5M	0.02%	+1642.4%
79	NOMURA ASSET MANAGEMENT LTD#79 · 308,210 sh	308,210	$14.3M	0.03%	+4.4%
80	Gillson Capital#80 · 290,600 sh	290,600	$13.5M	0.80%	New
81	MILLENNIUM MANAGEMENT#81 · 287,362 sh	287,362	$13.4M	<0.01%	-1.2%
82	CITIGROUP#82 · 286,986 sh	286,986	$13.4M	<0.01%	-18.9%
83	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO#83 · 276,878 sh	276,878	$12.9M	0.04%	-0.8%
84	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC#84 · 275,226 sh	275,226	$12.8M	0.02%	+3027.6%
85	Susquehanna Portfolio Strategies#85 · 275,079 sh	275,079	$12.8M	0.20%	+15.1%
86	M&G Plc#86 · 271,663 sh	271,663	$12.8M	0.06%	+2.9%
87	DANSKE BANK A/S#87 · 266,194 sh	266,194	$12.4M	0.02%	-4.3%
88	CAPTRUST FINANCIAL ADVISORS#88 · 258,884 sh	258,884	$12.0M	0.02%	+30.9%
89	ENVESTNET ASSET MANAGEMENT#89 · 258,813 sh	258,813	$12.0M	<0.01%	+1.0%
90	Schonfeld Strategic Advisors#90 · 246,480 sh	246,480	$11.5M	0.04%	New
91	ALLIANCEBERNSTEIN L.P.#91 · 271,115 sh	271,115	$11.4M	<0.01%	-10.0%
92	BNP PARIBAS FINANCIAL MARKETS#92 · 241,834 sh	241,834	$11.3M	<0.01%	+6.8%
93	WELLS FARGO & COMPANY#93 · 240,042 sh	240,042	$11.2M	<0.01%	+12.8%
94	Amundi#94 · 227,185 sh	227,185	$10.6M	<0.01%	+106.7%
95	Verition Fund Management#95 · 226,953 sh	226,953	$10.6M	0.01%	New
96	LPL Financial#96 · 226,857 sh	226,857	$10.6M	<0.01%	-1.8%
97	Edgestream Partners, L.P.#97 · 222,384 sh	222,384	$10.3M	0.31%	+33.4%
98	MERCER GLOBAL ADVISORS#98 · 221,721 sh	221,721	$10.3M	0.01%	+136.6%
99	PRICE T ROWE ASSOCIATES#99 · 206,991 sh	206,991	$9.6M	<0.01%	+23.7%
100	Jupiter Topco#100 · 200,016 sh	200,016	$9.3M	<0.01%	—

Funds that sold out of NNN in Q2 2026 (35)

Held NNN at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held NNN in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
DEPRINCE RACE & ZOLLO575,208 sh	575,208	$24.2M
XTX Topco Ltd104,941 sh	104,941	$4.4M
BALYASNY ASSET MANAGEMENT L.P.62,916 sh	62,916	$2.6M
ONTARIO TEACHERS PENSION PLAN BOARD53,729 sh	53,729	$2.3M
BI Asset Management Fondsmaeglerselskab A/S51,512 sh	51,512	$2.2M
LMR Partners LLP47,443 sh	47,443	$2.0M
Jump Financial39,875 sh	39,875	$1.7M
FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A.24,796 sh	24,796	$1.0M
Polymer Capital Management (US)24,192 sh	24,192	$1.0M
Virtu Financial15,472 sh	15,472	$650.0K
QUADRANT CAPITAL GROUP19,822 sh	19,822	$465.5K
MQS Management8,466 sh	8,466	$355.8K
Sepio Capital7,473 sh	7,473	$314.1K
Calamos Advisors7,384 sh	7,384	$310.4K
Calamos Wealth Management7,384 sh	7,384	$310.4K
Caitong International Asset Management , Ltd6,931 sh	6,931	$291.3K
Tuttle Capital Management4,920 sh	4,920	$206.8K
Machina Capital S.A.S.4,894 sh	4,894	$205.7K
Rare Wolf Capital4,808 sh	4,808	$202.1K
EARNED WEALTH ADVISORS4,805 sh	4,805	$202.0K
Global Assets Advisory1,924 sh	1,924	$80.9K
Golden State Equity Partners1,818 sh	1,818	$76.4K
Root Financial Partners1,278 sh	1,278	$53.7K
Wealth Preservation Advisors554 sh	554	$23.3K
Western Pacific Wealth Management505 sh	505	$21.2K
Nalls Sherbakoff Group481 sh	481	$20.2K
Western Wealth Management472 sh	472	$19.8K
Annis Gardner Whiting Capital Advisors397 sh	397	$16.7K
TOMPKINS FINANCIAL340 sh	340	$14.3K
Bayforest Capital Ltd222 sh	222	$9.3K
Lloyd Advisory Services218 sh	218	$9.2K
Innovative Asset Advisors Group63 sh	63	$2.6K
Addison Advisors42 sh	42	$1.8K
Legacy Wealth Managment40 sh	40	$1.7K
TWIN PEAKS WEALTH ADVISORS22 sh	22	$925.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.