NLOPNYSEReal Estate Investment TrustsFiscal year ends December 31
Net Lease Office Properties
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$9.65−0.10 (-1.03%)
Close on Oct 19, 2026
- Market cap
- $142.96M
- P/E (TTM)
- –
- Dividend yield
- 74.61%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
56.2%
8M of 15M shares
Institutional holders
238
32 new, 34 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
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 |
|---|---|---|---|---|
| Vanguard Capital Management | 754,679 | 5.09% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 1,230,697 | 8.30% | 13G (passive) | Sep 30, 2024 |
| J. Goldman & Co LP | 1,035,861 | 7.10% | 13G (passive) | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NLOP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,649,290 | 11.13% | $18.36M | +1,982 | 0.00% |
| Thompson Siegel & Walmsley LLC | 703,199 | 4.75% | $7.83K | +161,812 | 0.14% |
| Vanguard Capital Management LLC | 654,700 | 4.42% | $7.29M | −224,812 | 0.00% |
| State Street Corp | 450,213 | 3.04% | $5.01M | +30,811 | 0.00% |
| Geode Capital Management, LLC | 386,641 | 2.61% | $4.30M | +20,907 | 0.00% |
| Marshall Wace, Llp | 384,016 | 2.59% | $4.27M | New | 0.00% |
| Arrowstreet Capital, Limited Partnership | 330,459 | 2.23% | $3.68M | +242,701 | 0.00% |
| Two Sigma Investments, LP | 235,521 | 1.59% | $2.62M | −49,001 | 0.00% |
| K2 Principal Fund, L.P. | 186,702 | 1.26% | $2.08M | +26,417 | 0.15% |
| Millennium Management LLC | 185,861 | 1.25% | $2.07M | −117,067 | 0.00% |
| Dimensional Fund Advisors LP | 182,889 | 1.23% | $2.04M | +10,056 | 0.00% |
| Goldman Sachs Group Inc | 172,284 | 1.16% | $1.92M | +82,466 | 0.00% |
| GABELLI & Co INVESTMENT ADVISERS, INC. | 133,151 | 0.90% | $1.48M | +46,786 | 0.22% |
| UBS Group AG | 124,079 | 0.84% | $1.38M | +109,979 | 0.00% |
| Northern Trust Corp | 120,480 | 0.81% | $1.34M | +8,185 | 0.00% |
| Lazard Asset Management LLC | 108,648 | 0.73% | $1.21M | +382 | 0.00% |
| Man Group plc | 103,820 | 0.70% | $1.16M | −67,948 | 0.00% |
| Morgan Stanley | 103,308 | 0.70% | $1.15M | −2,538 | 0.00% |
| Aqr Capital Management LLC | 101,979 | 0.69% | $1.14M | +30,705 | 0.00% |
| Vanguard Portfolio Management LLC | 100,703 | 0.68% | $1.12M | +14,477 | 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 | 238 | 8M | 56.2% | 32 / 65 | 47 / 34 | 2M | 1M |
| Q1 2026 | 247 | 8M | 52.7% | 36 / 72 | 50 / 36 | 3M | 2M |
| Q4 2025 | 254 | 8M | 56.8% | 37 / 65 | 62 / 23 | 1M | 1M |
| Q3 2025 | 247 | 8M | 56.9% | 31 / 65 | 64 / 32 | 1M | 1M |
| Q2 2025 | 248 | 8M | 57.1% | 20 / 58 | 65 / 31 | 1M | 1M |
| Q1 2025 | 261 | 8M | 56.5% | 27 / 64 | 71 / 38 | 1M | 3M |
| Q4 2024 | 276 | 10M | 67.6% | 45 / 57 | 62 / 29 | 2M | 1M |
| Q3 2024 | 261 | 9M | 63.6% | 38 / 44 | 84 / 33 | 2M | 1M |
| Q2 2024 | 261 | 10M | 66.1% | 35 / 58 | 81 / 43 | 2M | 3M |
| Q1 2024 | 273 | 11M | 74.9% | 75 / 57 | 93 / 69 | 3M | 2M |
| Q4 2023 | 270 | 10M | 64.6% | 270 / 0 | 0 / 0 | 10M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NLOP | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 464,848 | 3.14% | $5.17M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 380,564 | 2.57% | $4.24M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 174,627 | 1.18% | $1.94M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 164,378 | 1.11% | $1.92M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 151,884 | 1.03% | $1.69M | 0.01% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 86,252 | 0.58% | $1.04M | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 76,115 | 0.51% | $914.14K | 0.01% | May 31, 2026 |
| Dfa Real Estate Securities Portfolio | 68,842 | 0.46% | $805.45K | 0.01% | Jul 31, 2026 |
| iShares Core U.S. REIT ETF | 57,144 | 0.39% | $668.58K | 0.01% | Jul 31, 2026 |
| Cambria Global Real Estate ETF | 55,006 | 0.37% | $643.57K | 0.96% | Jul 31, 2026 |
| DFA Global Real Estate Securities Portfolio | 54,858 | 0.37% | $641.84K | 0.01% | Jul 31, 2026 |
| iShares Micro-Cap ETF | 50,314 | 0.34% | $559.99K | 0.04% | Jun 30, 2026 |
| Spectrum Fund | 39,743 | 0.27% | $442.34K | 0.16% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 36,593 | 0.25% | $428.14K | 0.01% | Jul 31, 2026 |
| Diversified Equity Alpha Master Portfolio | 35,514 | 0.24% | $395.27K | 0.01% | Jun 30, 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 |
|---|---|---|---|---|
| Richard J. Pinola | Director | 13,221 | 0.09% | Sep 25, 2025 |
| Axel K.A. Hansing | Director | 10,817 | 0.07% | Nov 5, 2024 |
| Jean Hoysradt | Director | 11,032 | 0.07% | Nov 5, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Richard J. Pinola Director | Sep 24, 2025 | Buy | +1,012 | $29.49 | $29.84K | 13,221 |
| Jean Hoysradt Director | Nov 2, 2024 | Option exercise | +136 | – | – | 11,032 |
| Richard J. Pinola Director | Nov 2, 2024 | Option exercise | +136 | – | – | 12,164 |
| Axel K.A. Hansing Director | Nov 2, 2024 | Option exercise | +136 | – | – | 10,817 |
| Richard J. Pinola Director | Mar 8, 2024 | Buy | +2,066 | $24.21 | $50.02K | 12,028 |
| John J. Park Director | Jan 19, 2024 | Other | +456 | – | – | 32,439 |
| ToniAnn Sanzone Chief Financial Officer | Jan 19, 2024 | Other | +42 | – | – | 4,212 |
| Axel K.A. Hansing Director | Jan 19, 2024 | Other | +15 | – | – | 10,681 |
| Richard J. Pinola Director | Jan 19, 2024 | Other | +5 | – | – | 9,962 |
| Brian H. Zander Chief Accounting Officer | Jan 19, 2024 | Other | +2 | – | – | 154 |
| Jean Hoysradt Director | Jan 19, 2024 | Other | +18 | – | – | 10,896 |
| Jason E. Fox Chief Executive Officer, Director | Jan 19, 2024 | Other | +1 | – | – | 76 |
| Jason E. Fox Chief Executive Officer, Director | Jan 19, 2024 | Other | +508 | – | – | 36,147 |
| Jean Hoysradt Director | Nov 2, 2023 | Award | +9,551 | – | – | 10,878 |
| Axel K.A. Hansing Director | Nov 2, 2023 | Award | +9,551 | – | – | 10,666 |
| Richard J. Pinola Director | Nov 2, 2023 | Award | +9,551 | – | – | 9,957 |
| Brian H. Zander CHIEF ACCOUNTING OFFICER | Nov 1, 2023 | Award | +152 | – | – | 152 |
| Jason E. Fox CHIEF EXECUTIVE OFFICER, Director | Nov 1, 2023 | Award | +48,873 | – | – | 48,873 |
| Jason E. Fox CHIEF EXECUTIVE OFFICER, Director | Nov 1, 2023 | Tax withholding | −13,234 | $10.47 | $138.56K | 35,639 |
| Jason E. Fox CHIEF EXECUTIVE OFFICER, Director | Nov 1, 2023 | Award | +73 | – | – | 73 |
| Jason E. Fox CHIEF EXECUTIVE OFFICER, Director | Nov 1, 2023 | Award | +5 | – | – | 5 |
| ToniAnn Sanzone CHIEF FINANCIAL OFFICER | Nov 1, 2023 | Award | +4,170 | – | – | 4,170 |
| John J. Park Director | Nov 1, 2023 | Award | +37 | – | – | 37 |
| John J. Park Director | Nov 1, 2023 | Award | +39,118 | – | – | 39,118 |
| John J. Park Director | Nov 1, 2023 | Tax withholding | −7,135 | $10.47 | $74.70K | 31,983 |
| John J. Park Director | Nov 1, 2023 | Award | +37 | – | – | 37 |
| John J. Park Director | Nov 1, 2023 | Award | +37 | – | – | 37 |
| P. Carey Inc. W. 10% owner | Nov 1, 2023 | Other | −14,620,919 | – | – | 0 |
| P. Carey Inc. W. 10% owner | Nov 1, 2023 | Other | +14,619,919 | – | – | 14,620,919 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.