undamentalytics Newsletter

Net Lease Office Properties: which funds bought and sold

Institutions that bought and sold Net Lease Office Properties shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 94 institutions that filed 13F reports for both quarters added to or opened positions in Net Lease Office Properties, and 80 cut or closed them. Together they added a net 611K shares, +7.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 523K shares (+35.6%); index fund managers were net sellers of 125K shares (−3.4%). 29 opened a new position and 35 sold out entirely.

Bought, Q2 2026 94 institutions, 29 of them new holders Sold, Q2 2026 80 institutions, 35 of them sold out
Net change, all compared +611K shares (+7.9%)
Net change, active managers +523K shares (+35.6%), 13 bought, 9 sold

Buyers versus sellers

institutions compared, 265
Active managers and hedge funds 13 bought · 9 sold · +523K
Index fund managers 8 bought · 2 sold · −125K
Other institutions 73 bought · 69 sold · +213K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Marshall Wace, LLP Hedge fund +384K New position 384K $4.3M
Arrowstreet Capital, Limited Partnership Hedge fund +243K +276.6% 330K $3.7M
Thompson Siegel & Walmsley LLC +162K +29.9% 703K $7.8M
UBS Group AG +110K +780.0% 124K $1.4M
Goldman Sachs Group Inc +82K +91.8% 172K $1.9M
Citadel Advisors LLC Hedge fund +64K New position 64K $711,752
Point72 Asset Management, L.P. Hedge fund +50K +420.1% 62K $688,724
Gabelli & Co Investment Advisers, Inc. +47K +54.2% 133K $1.5M
Los Angeles Capital Management LLC Active manager +46K +114.2% 86K $960,853
Verdad Advisers, LP +35K +145.7% 59K $654,344
Quantinno Capital Management LP +34K +94.5% 69K $768,093
State Street Corp Index funds +31K +7.3% 450K $5M
AQR Capital Management LLC Hedge fund +31K +43.1% 102K $1.1M
State Of Wisconsin Investment Board +30K +127.9% 53K $586,262
Qube Research & Technologies Ltd Hedge fund +30K New position 30K $328,914
K2 Principal Fund, L.P. +26K +16.5% 187K $2.1M
Bluefin Capital Management, LLC +25K New position 25K $278,205
Geode Capital Management, LLC Index funds +21K +5.7% 387K $4.3M
Gsa Capital Partners LLP +20K New position 20K $227,000
Price T Rowe Associates Inc Active manager +17K +23.6% 87K $972,000

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Vanguard Capital Management LLC Index funds −225K −25.6% 655K $7.3M
Vela Investment Management, LLC −134K Sold out 0 —
Millennium Management LLC Hedge fund −117K −38.6% 186K $2.1M
Man Group PLC Hedge fund −68K −39.6% 104K $1.2M
Raymond James Financial Inc −63K Sold out 0 —
Jane Street Group, LLC −49K Sold out 0 —
Two Sigma Investments, LP Hedge fund −49K −17.2% 236K $2.6M
Schonfeld Strategic Advisors LLC Hedge fund −43K Sold out 0 —
Quantbot Technologies LP Hedge fund −35K Sold out 0 —
HSBC Holdings PLC −33K Sold out 0 —
Coronation Fund Managers Ltd. −25K Sold out 0 —
Bank Of America Corp −24K −52.0% 23K $250,826
Empirical Asset Management, LLC −21K Sold out 0 —
Thrivent Financial For Lutherans −20K −62.4% 12K $135,000
Rangeley Capital, LLC −20K −17.3% 95K $1.1M
Engineers Gate Manager LP Hedge fund −18K −39.9% 27K $303,404
Martingale Asset Management L P Active manager −18K −47.8% 20K $219,718
LPL Financial LLC −18K −18.9% 76K $843,053
Fny Investment Advisers, LLC −15K Sold out 0 —
National Philanthropic Trust −12K −49.6% 13K $141,551

New positions

largest by value
InstitutionSharesValue June 30, 2026
Marshall Wace, LLPHedge fund 384K $4.3M
Citadel Advisors LLCHedge fund 64K $711,752
Qube Research & Technologies LtdHedge fund 30K $328,914
Bluefin Capital Management, LLC 25K $278,205
Gsa Capital Partners LLP 20K $227,000
Militia Capital Management LLC 16K $178,080
Vanguard Personalized Indexing Management, LLCIndex funds 12K $131,278
Quadrature Capital LtdHedge fund 11K $125,591
Integrated Wealth Concepts LLC 1,631 $18,143
Raffa Wealth Management, LLC 282 $3,139

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Vela Investment Management, LLC 134K $1.5M
Raymond James Financial Inc 63K $720,227
Jane Street Group, LLC 49K $569,481
Schonfeld Strategic Advisors LLCHedge fund 43K $495,290
Quantbot Technologies LPHedge fund 35K $402,163
HSBC Holdings PLC 33K $383,841
Coronation Fund Managers Ltd. 25K $290,995
Empirical Asset Management, LLC 21K $242,335
NISA Investment Advisors, LLC 12K $181,643
Fny Investment Advisers, LLC 15K $172,000

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
233
Ten largest holders
62.0%
of 13F-reported shares
Index fund managers
42.5%
of 13F-reported shares
Active managers and hedge funds
23.9%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 13 9 4 2 +523K +35.6%
Index fund managers 8 2 1 0 −125K −3.4%
Other institutions 73 69 24 33 +213K +8.2%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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