First Manhattan’s Vanguard Real Estate ETF VNQ Stock Holding History

First Manhattan’s Portfolio VNQ Stock Details VNQ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-4,602	Closed	-$421K	–	762
2025 Q3	$421K	Sell	4,602 -567	-11%	-$51.4K	﹤0.01%	571
2025 Q2	$460K	Buy	+5,169	New	+$456K	﹤0.01%	555
2024 Q2	–	Sell	-3,176	Closed	-$275K	–	1309
2024 Q1	$275K	Buy	3,176 +1,723	+119%	+$147K	﹤0.01%	602
2023 Q4	$128K	Buy	1,453 +664	+84%	+$52.6K	﹤0.01%	720
2023 Q3	$59.7K	Buy	+789	New	+$65.1K	﹤0.01%	834
2022 Q4	–	Sell	-325	Closed	-$26K	–	1792
2022 Q3	$26K	Sell	325 -365	-53%	-$34.1K	﹤0.01%	1054
2022 Q2	$62K	Sell	690 -32	-4%	-$3.19K	﹤0.01%	937
2022 Q1	$78K	Buy	722 +81	+13%	+$8.57K	﹤0.01%	925
2021 Q4	$74K	Buy	641 +277	+76%	+$30.3K	﹤0.01%	921
2021 Q3	$37K	Hold	364	–	–	﹤0.01%	1046
2021 Q2	$37K	Hold	364	–	–	﹤0.01%	1049
2021 Q1	$33K	Buy	364 +204	+128%	+$17.9K	﹤0.01%	1047
2020 Q4	$13K	Hold	160	–	–	﹤0.01%	1119
2020 Q3	$12K	Buy	160 +46	+40%	+$3.69K	﹤0.01%	1111
2020 Q2	$8K	Sell	114 -1,591	-93%	-$121K	﹤0.01%	1197
2020 Q1	$119K	Hold	1,705	–	–	﹤0.01%	699
2019 Q4	$158K	Hold	1,705	–	–	﹤0.01%	726
2019 Q3	$158K	Buy	1,705 +91	+6%	+$8.26K	﹤0.01%	734
2019 Q2	$141K	Sell	1,614 -186	-10%	-$16.3K	﹤0.01%	763
2019 Q1	$156K	Sell	1,800 -200	-10%	-$16.5K	﹤0.01%	754
2018 Q4	$149K	Sell	2,000 -800	-29%	-$63K	﹤0.01%	735
2018 Q3	$225K	Hold	2,800	–	–	﹤0.01%	711
2018 Q2	$228K	Sell	2,800 -1,303	-32%	-$101K	﹤0.01%	677
2018 Q1	$309K	Hold	4,103	–	–	﹤0.01%	609
2017 Q4	$340K	Sell	4,103 -49	-1%	-$4.11K	﹤0.01%	613
2017 Q3	$344K	Hold	4,152	–	–	﹤0.01%	586
2017 Q2	$345K	Buy	4,152 +49	+1%	+$4.09K	﹤0.01%	581
2017 Q1	$338K	Buy	4,103 +2,241	+120%	+$186K	﹤0.01%	593
2016 Q4	$153K	Hold	1,862	–	–	﹤0.01%	719
2016 Q3	$161K	Sell	1,862 -1,008	-35%	-$89.9K	﹤0.01%	713
2016 Q2	$254K	Buy	2,870 +62	+2%	+$5.21K	﹤0.01%	641
2016 Q1	$235K	Buy	2,808 +108	+4%	+$8.41K	﹤0.01%	643
2015 Q4	$215K	Hold	2,700	–	–	﹤0.01%	660
2015 Q3	$203K	Hold	2,700	–	–	﹤0.01%	656
2015 Q2	$201K	Sell	2,700 -287	-10%	-$22.9K	﹤0.01%	688
2015 Q1	$251K	Sell	2,987 -913	-23%	-$77.5K	﹤0.01%	647
2014 Q4	$315K	Buy	3,900 +100	+3%	+$7.84K	﹤0.01%	604
2014 Q3	$273K	Sell	3,800 -800	-17%	-$60.4K	﹤0.01%	629
2014 Q2	$344K	Buy	4,600 +800	+21%	+$58.8K	﹤0.01%	581
2014 Q1	$268K	Hold	3,800	–	–	﹤0.01%	633
2013 Q4	$245K	Hold	3,800	–	–	﹤0.01%	636
2013 Q3	$251K	Hold	3,800	–	–	﹤0.01%	623
2013 Q2	$268K	Buy	+3,800	New	+$276K	﹤0.01%	613

Other funds holding VNQ

Empower Advisory Group Greenwood Village, Colorado $41.9B AUM 18.91% 1-Year Est. Return

Creative Planning Overland Park, Kansas $171B AUM 24.68% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $187B AUM 21.7% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Wealthfront Advisers Palo Alto, California $52B AUM 24.53% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $29.3B AUM 38.15% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

US Bancorp Minneapolis, Minnesota $91.6B AUM 29.2% 1-Year Est. Return

Prudential Financial Newark, New Jersey $91.8B AUM 38.24% 1-Year Est. Return

First Manhattan's VNQ Position: Q4 2025 in Review

First Manhattan sold out of Vanguard Real Estate ETF (VNQ) in Q4 2025, closing a stake of 4,602 shares — an estimated $421K sold.

First Manhattan first reported a position in VNQ in Q2 2013 and held it in 43 quarters. The position peaked at $460K in Q2 2025. 1,759 funds tracked by Wall St. Rank hold VNQ as of Q4 2025.

First Manhattan reported no remaining Vanguard Real Estate ETF position as of Q4 2025 after selling out during the quarter.
First Manhattan sold 4,602 Vanguard Real Estate ETF shares in Q4 2025, an estimated $421K.
First Manhattan first reported a position in Vanguard Real Estate ETF in Q2 2013 and held it in 43 quarters.
First Manhattan's Vanguard Real Estate ETF position peaked at $460K in Q2 2025.
1,759 funds tracked by Wall St. Rank held Vanguard Real Estate ETF as of Q4 2025.

Based on First Manhattan's 13F filing for Q4 2025, filed 17 Feb 2026.