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NLOP

Net Lease Office Properties
NLOP

246 hedge funds and large institutions have $91.9M invested in Net Lease Office Properties in 2026 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 72 increasing their positions, 50 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

253% more call options, than puts

Call options by funds: $1.77M | Put options by funds: $500K

44% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 50

3% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 35

3% less funds holding

Funds holding: 254 → 246 (-8)

4.12% less ownership

Funds ownership: 56.84% → 52.72% (-4.1%)

58% less capital invested

Capital invested by funds: $217M → $91.9M (-$125M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
246
Holders Change
-8
Holders Change %
-3.15%
% of All Funds
3.03%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
36
Increased
72
Reduced
50
Closed
35
Calls
$1.77M
Puts
$500K
Net Calls
+$1.27M
Net Calls Change
+$766K

Top Buyers

1
BlackRock
BlackRock
New York
+$4.58M
2
Two Sigma Investments
Two Sigma Investments
New York
+$3.6M
3
Millennium Management
Millennium Management
New York
+$2.34M
4
Man Group
Man Group
United Kingdom
+$1.91M
5
Lazard Asset Management
Lazard Asset Management
New York
+$1.82M

Top Sellers

1
AVI
Asset Value Investors
United Kingdom
-$19.7M
2
JGC
J. Goldman & Co
New York
-$13.3M
3
GCWM
Graham Capital Wealth Management
District of Columbia
-$2.19M
4
DS
DRW Securities
Illinois
-$2.06M
5
MM
Marnell Management
Michigan
-$1.75M
Name Holding Trade Value Shares
Change 		Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$673K +$289K +17,200 +42%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$621K -$40.6K -2,416 -4%
MG
28
Marex Group
$585K – – –
Jane Street
29
Jane Street
New York
$569K +$621K +36,985 +297%
Bank of America
30
Bank of America
North Carolina
$541K +$442K +26,283 +127%
EGM
31
Engineers Gate Manager
New York
$523K +$623K +37,048 +445%
CIM
32
Cambria Investment Management
California
$511K +$745K +44,347 New
SSA
33
Schonfeld Strategic Advisors
New York
$495K +$722K +42,994 New
AllianceBernstein
34
AllianceBernstein
Tennessee
$487K +$70.9K +4,220 +29%
Charles Schwab
35
Charles Schwab
California
$465K -$60.9K -3,623 -8%
Los Angeles Capital Management
36
Los Angeles Capital Management
California
$464K +$346K +20,615 +105%
Commonwealth Equity Services
37
Commonwealth Equity Services
Massachusetts
$457K +$171K +10,170 +34%
MAM
38
Meeder Asset Management
Ohio
$442K – – –
MAM
39
Martingale Asset Management
Massachusetts
$436K -$214K -12,734 -25%
QCM
40
Quantinno Capital Management
New York
$409K +$460K +27,352 +337%
QT
41
Quantbot Technologies
New York
$402K +$285K +16,967 +95%
HSBC Holdings
42
HSBC Holdings
United Kingdom
$384K +$552K +32,835 New
Thrivent Financial for Lutherans
43
Thrivent Financial for Lutherans
Minnesota
$373K +$543K +32,320 New
JC
44
JBF Capital
Colorado
$371K – – –
N
45
Nuveen
North Carolina
$366K +$3.58K +213 +0.7%
KCM
46
Kornitzer Capital Management
Kansas
$362K – – –
Fidelity Investments
47
Fidelity Investments
Massachusetts
$321K -$3.65K -217 -0.8%
CFM
48
Coronation Fund Managers
South Africa
$291K – – –
NPT
49
National Philanthropic Trust
Pennsylvania
$290K +$424K +25,215 New
BCM
50
Bluefin Capital Management
New York
$288K -$504K -29,996 Closed
1
2
3 4 5

NLOP Hedge Fund Activity: Q1 2026 in Review

246 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Net Lease Office Properties (NLOP) for Q1 2026, worth a combined $91.9M — down 58% from $217M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new NLOP positions and 35 closed out — a net gain of 1 holder — while 72 added to existing stakes and 50 trimmed.

The largest buyer was BlackRock, adding an estimated $4.58M. The largest seller was Asset Value Investors, exiting entirely with an estimated $19.7M sold.

  • 246 institutional investors held Net Lease Office Properties (NLOP) as of Q1 2026, down from 254 in Q4 2025.
  • Funds reported $91.9M of Net Lease Office Properties stock for Q1 2026, down 58% quarter-over-quarter.
  • 36 funds opened new Net Lease Office Properties positions in Q1 2026 and 35 closed out, a net change of +1 holder.
  • The largest Net Lease Office Properties buyer in Q1 2026 was BlackRock, an estimated $4.58M added.
  • The largest Net Lease Office Properties seller in Q1 2026 was Asset Value Investors, an estimated $19.7M sold.

Based on aggregated 13F filings for Q1 2026.