Holders over time
- NNN
- PLD
| Quarter | NNN | PLD |
|---|---|---|
| Q3 2020 | 4 holders, $540m | 15 holders, $8.1bn |
| Q4 2020 | 3 holders, $491m | 20 holders, $7.5bn |
| Q1 2021 | 4 holders, $555m | 24 holders, $8.0bn |
| Q2 2021 | 6 holders, $750m | 21 holders, $9.0bn |
| Q3 2021 | 5 holders, $587m | 21 holders, $10.0bn |
| Q4 2021 | 5 holders, $699m | 19 holders, $13.4bn |
| Q1 2022 | 5 holders, $695m | 18 holders, $12.3bn |
| Q2 2022 | 5 holders, $714m | 27 holders, $9.0bn |
| Q3 2022 | 7 holders, $632m | 28 holders, $8.1bn |
| Q4 2022 | 6 holders, $716m | 26 holders, $9.4bn |
| Q1 2023 | 8 holders, $728m | 24 holders, $10.1bn |
| Q2 2023 | 7 holders, $675m | 22 holders, $9.3bn |
| Q3 2023 | 6 holders, $250m | 21 holders, $8.4bn |
| Q4 2023 | 7 holders, $701m | 17 holders, $11.0bn |
| Q1 2024 | 4 holders, $273m | 19 holders, $10.8bn |
| Q2 2024 | 6 holders, $337m | 17 holders, $9.2bn |
| Q3 2024 | 8 holders, $979m | 16 holders, $10.5bn |
| Q4 2024 | 6 holders, $906m | 15 holders, $9.1bn |
| Q1 2025 | 9 holders, $1.1bn | 15 holders, $10.3bn |
| Q2 2025 | 11 holders, $1.2bn | 17 holders, $9.4bn |
| Q3 2025 | 7 holders, $1.3bn | 20 holders, $9.8bn |
| Q4 2025 | 8 holders, $1.2bn | 18 holders, $10.6bn |
| Q1 2026 | 8 holders, $1.3bn | 20 holders, $10.9bn |
| Q2 2026 | 10 holders, $788m | 23 holders, $11.1bn |
National Retail Properties Inc
- Holders
- 9
- Reported value
- $1.1bn
- Buyers
- 8
- Sellers
- 1
Breadth +7 among 95 comparable managers.
Prologis Inc.
- Holders
- 15
- Reported value
- $10.3bn
- Buyers
- 9
- Sellers
- 6
Breadth +3 among 95 comparable managers.
Who holds both, Q1 2025
Only NNN (6)
Artisan Partners LP, Brevan Howard Capital Management LP, Element Capital Management LLC, Schonfeld Strategic Advisors LLC, Two Sigma Advisers LP, Two Sigma Investments LP
Only PLD (12)
AllianceBernstein LP, Baillie Gifford & Co, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., GAMCO Investors Inc, Invesco Ltd, Janus Henderson Group Ltd, Neuberger Berman Group LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, Wellington Management Group LLP
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.