LINENasdaqReal Estate Investment TrustsFiscal year ends December 31
Lineage, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$33.22−0.06 (-0.18%)
Close on Oct 19, 2026
- Market cap
- $7.57B
- P/E (TTM)
- –
- Dividend yield
- 6.35%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
33.7%
77M of 228M shares
Institutional holders
326
67 new, 45 sold out
Net institutional buying
12M
In Q2 2026
Insider trades, 12 months
9 buys · 0 sales
Net bought $7.12M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Kevin Patrick Marchetti | 180,359,062 | 71.80% | 13G (passive) | Sep 30, 2024 |
| Norges Bank | 13,939,391 | 6.10% | 13G (passive) amendment | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LINE | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Norges Bank | 13,917,122 | 6.11% | $601.92M | New | 0.06% |
| Vanguard Portfolio Management LLC | 5,734,672 | 2.52% | $248.02M | +34,595 | 0.01% |
| BlackRock, Inc. | 5,260,370 | 2.31% | $227.51M | +339,811 | 0.00% |
| D1 Capital Partners L.P. | 4,736,312 | 2.08% | $204.85M | −2,665,917 | 0.59% |
| Aqr Capital Management LLC | 4,673,227 | 2.05% | $202.12M | +1,980,993 | 0.07% |
| Bank Of America Corp /De/ | 3,607,975 | 1.58% | $156.04M | −2,148 | 0.01% |
| Vanguard Capital Management LLC | 2,956,421 | 1.30% | $127.87M | +63,887 | 0.00% |
| HighTower Advisors, LLC | 2,286,166 | 1.00% | $98.88M | +130,895 | 0.09% |
| Baillie Gifford & Co | 2,274,996 | 1.00% | $98.39M | −280,127 | 0.09% |
| State Street Corp | 1,899,057 | 0.83% | $83.15M | −70,612 | 0.00% |
| Darlington Partners Capital Management, LP | 1,533,843 | 0.67% | $66.34M | −1,235,820 | 2.93% |
| Geode Capital Management, LLC | 1,399,961 | 0.61% | $60.56M | −98,890 | 0.00% |
| UBS Group AG | 1,197,943 | 0.53% | $51.81M | −211,094 | 0.01% |
| Charles Schwab Investment Management Inc | 1,110,367 | 0.49% | $48.02M | +72,058 | 0.01% |
| Fuller & Thaler Asset Management, Inc. | 1,080,091 | 0.47% | $46.71M | −38,775 | 0.13% |
| Bank of New York Mellon Corp | 1,032,098 | 0.45% | $44.64M | +97,765 | 0.01% |
| Canada Pension Plan Investment Board | 954,248 | 0.42% | $41.27M | – | 0.02% |
| Morgan Stanley | 947,862 | 0.42% | $41.00M | +260 | 0.00% |
| Dimensional Fund Advisors LP | 928,659 | 0.41% | $40.18M | +51,758 | 0.01% |
| Goldman Sachs Group Inc | 920,405 | 0.40% | $39.81M | +747,306 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 326 | 77M | 33.7% | 67 / 112 | 96 / 45 | 22M | 10M |
| Q1 2026 | 309 | 65M | 28.6% | 75 / 126 | 66 / 29 | 24M | 27M |
| Q4 2025 | 266 | 77M | 33.8% | 60 / 107 | 71 / 33 | 30M | 14M |
| Q3 2025 | 242 | 61M | 26.8% | 56 / 94 | 75 / 35 | 13M | 29M |
| Q2 2025 | 222 | 78M | 34.0% | 34 / 100 | 71 / 45 | 12M | 7M |
| Q1 2025 | 235 | 73M | 32.3% | 68 / 81 | 66 / 26 | 12M | 12M |
| Q4 2024 | 198 | 75M | 32.9% | 49 / 82 | 52 / 55 | 17M | 19M |
| Q3 2024 | 206 | 77M | 33.6% | 206 / 0 | 0 / 0 | 77M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LINE | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Real Estate Index Fund | 2,592,111 | 1.14% | $109.83M | 0.15% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 2,174,449 | 0.95% | $94.04M | 0.00% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,564,024 | 0.69% | $67.64M | 0.04% | Jun 30, 2026 |
| Vanguard U.S. Growth Fund | 1,414,744 | 0.62% | $62.83M | 0.13% | May 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 992,277 | 0.44% | $42.92M | 0.06% | Jun 30, 2026 |
| Undiscovered Managers Behavioral Value Fund | 872,880 | 0.38% | $37.75M | 0.42% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 653,934 | 0.29% | $28.28M | 0.03% | Jun 30, 2026 |
| WisdomTree U.S. Value Fund | 576,573 | 0.25% | $24.94M | 0.85% | Jun 30, 2026 |
| Vanguard Real Estate Ii Index Fund | 454,759 | 0.20% | $19.27M | 0.18% | Jul 31, 2026 |
| Schwab U.S. REIT ETF | 403,372 | 0.18% | $17.91M | 0.18% | May 31, 2026 |
| Dfa Real Estate Securities Portfolio | 356,895 | 0.16% | $15.12M | 0.21% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 298,351 | 0.13% | $13.25M | 0.03% | May 31, 2026 |
| iShares Russell Mid-Cap ETF | 285,031 | 0.13% | $12.33M | 0.02% | Jun 30, 2026 |
| AQR Long-Short Equity Fund | 276,723 | 0.12% | $11.97M | 0.15% | Jun 30, 2026 |
| Fidelity Mid Cap Index Fund | 262,989 | 0.12% | $11.14M | 0.02% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Kevin Patrick Marchetti | Co-Executive Chairman, Director, 10% owner | 155,587,807 | 68.33% | Sep 1, 2026 |
| Greg Lehmkuhl | President & CEO, Director | 136,045 | 0.06% | Apr 3, 2026 |
| Adam Matthew Schwartz Forste | Co-Executive Chairman, Director, 10% owner | 155,843,005 | 68.44% | Nov 12, 2025 |
| Robb A. LeMasters | Chief Financial Officer | 109,500 | 0.05% | Aug 10, 2026 |
| Abigail S. Fleming | Chief Accounting Officer | 18,277 | 0.01% | Apr 27, 2026 |
| Kelly Burlage | Chief Human Resources Officer | 13,690 | 0.01% | Apr 3, 2026 |
| Timothy Conrad Smith | Chief Commercial Officer | 23,234 | 0.01% | Apr 3, 2026 |
| Sudarsan V. Thattai | See Remarks | 10,563 | 0.00% | Apr 3, 2026 |
| Brian Jeffrey McGowan | See Remarks | 23,723 | 0.01% | Apr 3, 2026 |
| Gregory A. Bryan | See Remarks. | 28,162 | 0.01% | Apr 3, 2026 |
| Jeffrey Alvarez Rivera | See Remarks. | 8,684 | 0.00% | Apr 3, 2026 |
| Natalie Matsler | See Remarks. | 2,253 | 0.00% | Apr 3, 2026 |
| Robert Crisci | Chief Financial Officer | 107,859 | 0.05% | Nov 10, 2025 |
| Sean Robert Vanderelzen | Chief Human Resources Officer | 37,318 | 0.02% | Apr 21, 2025 |
| Paul Gijsbert Beiboer | Director | 3,672 | 0.00% | Sep 25, 2026 |
| Shellye L. Archambeau | Director | 12,112 | 0.01% | Jun 11, 2026 |
| Nancy Joy Falotico | Director | 18,517 | 0.01% | Jun 11, 2026 |
| Michael John Turner | Director | 11,612 | 0.01% | Jun 11, 2026 |
| Lynn A. Wentworth | Director | 17,226 | 0.01% | Jun 11, 2026 |
| BG Lineage Holdings, LLC | Director, 10% owner | 155,275,349 | 68.19% | Dec 22, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Paul Gijsbert Beiboer Director | Sep 23, 2026 | Award | +3,672 | – | – | 3,672 |
| Kevin Patrick Marchetti Co-Executive Chairman, Director, 10% owner | Aug 28, 2026 | Buy | +25,000 | $39.50 | $987.50K | 138,690 |
| Robb A. LeMasters Chief Financial Officer | Aug 7, 2026 | Buy | +20,000 | $41.33 | $826.60K | 49,500 |
| Michael John Turner Director | Jun 9, 2026 | Award | +4,490 | – | – | 11,612 |
| Shellye L. Archambeau Director | Jun 9, 2026 | Award | +4,490 | – | – | 12,112 |
| Lynn A. Wentworth Director | Jun 9, 2026 | Award | +4,490 | – | – | 17,226 |
| Nancy Joy Falotico Director | Jun 9, 2026 | Award | +4,490 | – | – | 18,517 |
| Abigail S. Fleming Chief Accounting Officer | Apr 24, 2026 | Tax withholding | −205 | $35.55 | $7.29K | 18,277 |
| Kelly Burlage Chief Human Resources Officer | Apr 1, 2026 | Award | +1,220 | – | – | 13,690 |
| Kelly Burlage Chief Human Resources Officer | Apr 1, 2026 | Tax withholding | −1,516 | $32.76 | $49.66K | 12,174 |
| Gregory A. Bryan See Remarks. | Apr 1, 2026 | Tax withholding | −2,137 | $32.76 | $70.01K | 28,162 |
| Gregory A. Bryan See Remarks. | Apr 1, 2026 | Award | +13,118 | – | – | 30,299 |
| Timothy Conrad Smith Chief Commercial Officer | Apr 1, 2026 | Award | +20,745 | – | – | 23,234 |
| Greg Lehmkuhl President & CEO, Director | Apr 1, 2026 | Award | +68,334 | – | – | 136,045 |
| Greg Lehmkuhl President & CEO, Director | Apr 1, 2026 | Tax withholding | −8,422 | $32.76 | $275.90K | 127,623 |
| Brian Jeffrey McGowan See Remarks | Apr 1, 2026 | Tax withholding | −676 | $32.76 | $22.15K | 23,723 |
| Abigail S. Fleming Chief Accounting Officer | Apr 1, 2026 | Award | +12,203 | – | – | 18,758 |
| Abigail S. Fleming Chief Accounting Officer | Apr 1, 2026 | Tax withholding | −276 | $32.76 | $9.04K | 18,482 |
| Kevin Patrick Marchetti Co-Executive Chairman, Director, 10% owner | Mar 12, 2026 | Buy | +13,300 | $37.50 | $498.75K | 113,690 |
| Kevin Patrick Marchetti Co-Executive Chairman, Director, 10% owner | Mar 9, 2026 | Buy | +11,222 | $39.05 | $438.22K | 100,390 |
| Timothy Conrad Smith Chief Commercial Officer | Feb 23, 2026 | Tax withholding | −1,169 | $38.30 | $44.77K | 2,489 |
| Timothy Conrad Smith Chief Commercial Officer | Feb 23, 2026 | Award | +3,603 | – | – | 3,658 |
| Jeffrey Alvarez Rivera See Remarks. | Feb 23, 2026 | Tax withholding | −2,127 | $38.30 | $81.46K | 8,684 |
| Jeffrey Alvarez Rivera See Remarks. | Feb 23, 2026 | Award | +5,405 | – | – | 10,811 |
| Sudarsan V. Thattai See Remarks | Feb 23, 2026 | Tax withholding | −1,678 | $38.30 | $64.27K | 10,563 |
| Sudarsan V. Thattai See Remarks | Feb 23, 2026 | Award | +4,258 | – | – | 12,241 |
| Brian Jeffrey McGowan See Remarks | Feb 23, 2026 | Award | +3,735 | – | – | 25,630 |
| Brian Jeffrey McGowan See Remarks | Feb 23, 2026 | Tax withholding | −1,231 | $38.30 | $47.15K | 24,399 |
| Kelly Burlage Chief Human Resources Officer | Feb 23, 2026 | Tax withholding | −214 | $38.30 | $8.20K | 12,470 |
| Kelly Burlage Chief Human Resources Officer | Feb 23, 2026 | Award | +616 | – | – | 12,684 |
| Greg Lehmkuhl President & CEO, Director | Feb 23, 2026 | Award | +13,756 | – | – | 71,706 |
| Greg Lehmkuhl President & CEO, Director | Feb 23, 2026 | Tax withholding | −3,995 | $38.30 | $153.01K | 67,711 |
| Natalie Matsler See Remarks. | Feb 23, 2026 | Tax withholding | −1,514 | $38.30 | $57.99K | 2,253 |
| Natalie Matsler See Remarks. | Feb 23, 2026 | Award | +3,767 | – | – | 3,767 |
| Abigail S. Fleming Chief Accounting Officer | Feb 23, 2026 | Tax withholding | −356 | $38.30 | $13.63K | 6,555 |
| Abigail S. Fleming Chief Accounting Officer | Feb 23, 2026 | Award | +1,049 | – | – | 6,911 |
| Gregory A. Bryan See Remarks. | Feb 23, 2026 | Tax withholding | −1,229 | $38.30 | $47.07K | 18,550 |
| Gregory A. Bryan See Remarks. | Feb 23, 2026 | Award | +3,603 | – | – | 19,779 |
| BG Lineage Holdings, LLC Director, 10% owner | Dec 19, 2025 | Other | −111,713.18 | – | – | 155,275,349 |
| BG Lineage Holdings, LLC Director, 10% owner | Dec 18, 2025 | Other | −156,561.95 | – | – | 155,387,063 |
| Abigail S. Fleming Chief Accounting Officer | Nov 21, 2025 | Buy | +500 | $33.57 | $16.79K | 5,862 |
| Robb A. LeMasters Chief Financial Officer | Nov 13, 2025 | Buy | +30,000 | $33.74 | $1.01M | 60,000 |
| Kelly Burlage Chief Human Resources Officer | Nov 10, 2025 | Award | +4,442 | – | – | 12,068 |
| Kevin Patrick Marchetti Co-Executive Chairman, Director, 10% owner | Nov 10, 2025 | Buy | +14,500 | $33.72 | $488.94K | 89,168 |
| Adam Matthew Schwartz Forste Co-Executive Chairman, Director, 10% owner | Nov 10, 2025 | Buy | +74,000 | $33.83 | $2.50M | 109,266 |
| BG Lineage Holdings, LLC Director, 10% owner | Nov 7, 2025 | Other | −1,058,328.2 | – | – | 155,543,625 |
| Robert Crisci Chief Financial Officer | Nov 7, 2025 | Buy | +10,000 | $34.56 | $345.60K | 107,859 |
| Kevin Patrick Marchetti Co-Executive Chairman, Director, 10% owner | Aug 19, 2025 | Buy | +12,345 | $40.44 | $499.23K | 74,668 |
| Kevin Patrick Marchetti CO-EXECUTIVE CHAIRMAN, Director, 10% owner | Aug 8, 2025 | Buy | +17,209 | $42.05 | $723.64K | 55,992 |
| Kevin Patrick Marchetti CO-EXECUTIVE CHAIRMAN, Director, 10% owner | Aug 8, 2025 | Buy | +6,331 | $42.89 | $271.54K | 62,323 |
| Sudarsan V. Thattai See Remarks | Aug 8, 2025 | Buy | +3,563 | $42.45 | $151.25K | 7,983 |
| BG Lineage Holdings, LLC Director, 10% owner | Aug 5, 2025 | Other | −614,353.51 | – | – | 156,601,953 |
| Nancy Joy Falotico Director | Jun 18, 2025 | Award | +4,490 | – | – | 14,027 |
| Lynn A. Wentworth Director | Jun 18, 2025 | Award | +4,490 | – | – | 12,736 |
| Michael John Turner Director | Jun 18, 2025 | Award | +4,490 | – | – | 7,122 |
| Shellye L. Archambeau Director | Jun 18, 2025 | Award | +4,490 | – | – | 7,622 |
| Kevin Patrick Marchetti CO-EXECUTIVE CHAIRMAN, Director, 10% owner | May 9, 2025 | Buy | +11,050 | $45.63 | $504.21K | 38,783 |
| Adam Matthew Schwartz Forste CO-EXECUTIVE CHAIRMAN, Director, 10% owner | May 8, 2025 | Buy | +10,949 | $44.93 | $491.94K | 35,266 |
| Kevin Patrick Marchetti CO-EXECUTIVE CHAIRMAN, Director, 10% owner | May 6, 2025 | Buy | +11,500 | $43.75 | $503.13K | 27,733 |
| Sudarsan V. Thattai See Remarks | May 5, 2025 | Buy | +4,420 | $45.23 | $199.92K | 4,420 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| V. Thattai Sudarsan Officer | Mar 3, 2026 | 7,983 | $325.55K | Mar 3, 2026 | Open Market Purchase |