Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
524 institutional managers reported holding NNN for the quarter ended Mar 31, 2026. Together they hold about 93% of shares outstanding; the top 10 hold 58%. 70 opened new positions; 55 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Vanguard Group | 26.72M | 14.19% | $1.12B | added +1.7% | ≤2013 |
| BlackRock | 25.93M | 13.77% | $1.09B | added +2.1% | ≤2013 |
| FMR (Fidelity) | 19.24M | 10.21% | $808.5M | trimmed -4.8% | ≤2013 |
| State Street | 11.33M | 6.02% | $476.3M | trimmed -1% | ≤2013 |
| Victory Capital Management INC | 8.32M | 4.42% | $349.6M | trimmed -12.4% | 2015 Q2 |
| Geode Capital | 4.35M | 2.31% | $182.8M | added +4.4% | ≤2013 |
| AQR Capital | 3.86M | 2.05% | $162.1M | added +4.5% | ≤2013 |
| Rush Island Management, LP (focused) | 3.10M | 1.65% | $130.3M | trimmed -19.1% | 2021 Q3 |
| Federated Hermes, INC. | 3.03M | 1.61% | $127.4M | unchanged | ≤2013 |
| Charles Schwab Investment Management | 2.98M | 1.58% | $125.1M | added +4.5% | ≤2013 |
| MFS Investment Management | 2.97M | 1.58% | $125.0M | trimmed -10.8% | 2021 Q1 |
| Morgan Stanley | 2.93M | 1.55% | $122.9M | added +17% | ≤2013 |
| Dimensional Fund Advisors | 2.82M | 1.50% | $118.4M | added +2.6% | ≤2013 |
| UBS | 2.23M | 1.18% | $93.7M | added +25% | ≤2013 |
| Goldman Sachs | 2.01M | 1.07% | $84.5M | added +84.2% | ≤2013 |
| Northern Trust | 1.92M | 1.02% | $80.7M | added +3.4% | ≤2013 |
| BNY Mellon | 1.90M | 1.01% | $79.9M | unchanged | ≤2013 |
| Two Sigma | 1.85M | 0.98% | $77.7M | added +309.6% | 2024 Q1 |
| Mondrian Investment Partners LTD | 1.77M | 0.94% | $74.2M | trimmed -1.7% | 2024 Q1 |
| Quantinno Capital Management LP | 1.76M | 0.93% | $73.9M | added +48.2% | 2021 Q4 |
| Equity Investment CORP | 1.66M | 0.88% | $69.9M | added +7.2% | 2023 Q3 |
| Prudential Financial INC | 1.36M | 0.72% | $57.2M | added +10819.3% | ≤2013 |
| Hudson Bay Capital | 1.11M | 0.59% | $46.7M | trimmed -21.6% | 2025 Q3 |
| Bank OF America CORP /DE/ | 1.08M | 0.57% | $45.5M | added +22.6% | ≤2013 |
| Legal & General Group PLC | 1.04M | 0.55% | $43.8M | trimmed -7.2% | ≤2013 |
| Epoch Investment Partners, INC. | 1.02M | 0.54% | $42.9M | opened | 2026 Q1 |
| Artisan Partners | 917.1k | 0.49% | $38.5M | trimmed -6.8% | 2023 Q4 |
| Allianz Asset Management GmbH | 858.9k | 0.46% | $36.1M | added +4.9% | 2023 Q1 |
| Sumitomo Mitsui Trust Group, INC. | 832.5k | 0.44% | $35.0M | added +22.2% | ≤2013 |
| Clearbridge Investments, LLC | 829.0k | 0.44% | $34.8M | added +1.5% | 2024 Q1 |
| Lasalle Investment Management Securities LLC (focused) | 741.0k | 0.39% | $31.1M | added +22.9% | 2025 Q4 |
| Invesco | 737.2k | 0.39% | $31.0M | unchanged | ≤2013 |
| Raymond James Financial INC | 715.7k | 0.38% | $30.1M | added +17.9% | ≤2013 |
| Gotham Asset Management | 684.2k | 0.36% | $28.8M | added +53.9% | 2024 Q3 |
| Citadel Advisors | 623.3k | 0.33% | $26.2M | added +34.7% | 2014 Q4 |
| ProShare Advisors LLC | 606.6k | 0.32% | $25.5M | trimmed -22.5% | ≤2013 |
| Arbejdsmarkedets Tillaegspension | 598.1k | 0.32% | $25.1M | added +1% | 2025 Q4 |
| Ameriprise Financial INC | 587.6k | 0.31% | $24.7M | added +17% | ≤2013 |
| Deprince Race & Zollo INC | 575.2k | 0.30% | $24.2M | trimmed -43.7% | 2025 Q1 |
| Jefferies Financial Group INC. | 541.7k | 0.29% | $22.8M | trimmed -35.9% | 2025 Q1 |
| Aberdeen Group plc | 541.0k | 0.29% | $22.7M | unchanged | 2017 Q3 |
| AGF Management LTD | 536.6k | 0.28% | $22.6M | trimmed -1.7% | ≤2013 |
| Rhumbline Advisers | 525.5k | 0.28% | $22.1M | added +0.6% | ≤2013 |
| Hsbc Holdings PLC | 517.5k | 0.28% | $21.8M | trimmed -9.7% | ≤2013 |
| APG Asset Management N.v. | 500.4k | 0.27% | $21.0M | opened | 2026 Q1 |
| Sound Income Strategies, LLC | 476.4k | 0.25% | $20.0M | added +1.6% | 2020 Q1 |
| Verity & Verity, LLC | 471.6k | 0.25% | $19.8M | added +2.3% | 2019 Q3 |
| Principal Financial Group INC | 468.0k | 0.25% | $19.7M | added +3.4% | ≤2013 |
| Stifel Financial CORP | 458.2k | 0.24% | $19.3M | added +16% | ≤2013 |
| Creative Planning | 452.5k | 0.24% | $19.0M | added +117.8% | ≤2013 |
Largest 50 of 524 shown; the full ranked, searchable register is at boothcheck.com/holders/NNN. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.