PLDNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as PLDGP
Prologis, Inc.
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$124.09−1.66 (-1.32%)
Close on Oct 19, 2026
- Market cap
- $118.82B
- P/E (TTM)
- 31.3
- Dividend yield
- 3.26%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
883M
Shares held, 13F filers
Institutional holders
1,733
164 new, 81 sold out
Net institutional buying
11M
In Q2 2026
Insider trades, 12 months
0 buys · 6 sales
Net sold $18.30M
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 |
|---|---|---|---|---|
| BlackRock, Inc. | 93,407,943 | 10.00% | 13G (passive) amendment | May 31, 2026 |
| Vanguard Capital Management | 70,146,227 | 7.52% | 13G (passive) | Mar 31, 2026 |
| Vanguard Portfolio Management | 53,991,110 | 5.79% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | – | 6.71% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PLD | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 103,392,538 | – | $14.01B | +2,978,479 | 0.21% |
| Vanguard Capital Management LLC | 60,904,443 | – | $8.25B | +596,026 | 0.18% |
| State Street Corp | 55,915,113 | – | $7.57B | −118,153 | 0.22% |
| Vanguard Portfolio Management LLC | 55,255,790 | – | $7.49B | +1,377,035 | 0.34% |
| Geode Capital Management, LLC | 23,889,351 | – | $3.22B | +278,318 | 0.17% |
| Cohen & Steers, Inc. | 22,841,902 | – | $3.09M | −446,172 | 4.89% |
| APG Asset Management US Inc. | 19,286,830 | – | $2.64B | – | 18.49% |
| JPMorgan Chase & Co | 19,264,378 | – | $2.68B | −1,337,605 | 0.15% |
| FMR LLC | 17,258,306 | – | $2.34B | +703,871 | 0.10% |
| Capital Research Global Investors | 15,915,752 | – | $2.16B | −1,024,666 | 0.30% |
| UBS Asset Management Americas Inc | 14,753,884 | – | $2.00B | +618,467 | 0.36% |
| Morgan Stanley | 14,460,730 | – | $1.96B | +549,417 | 0.10% |
| Northern Trust Corp | 13,085,395 | – | $1.77B | +140,415 | 0.21% |
| Charles Schwab Investment Management Inc | 12,569,593 | – | $1.70B | +674,966 | 0.23% |
| Norges Bank | 12,518,679 | – | $1.70B | New | 0.17% |
| Dimensional Fund Advisors LP | 11,540,071 | – | $1.56B | −25,382 | 0.28% |
| Massachusetts Financial Services Co /Ma/ | 11,217,207 | – | $1.54B | −2,846,125 | 0.49% |
| Legal & General Group Plc | 10,880,378 | – | $1.47B | −307,861 | 0.31% |
| Franklin Resources Inc | 10,649,713 | – | $1.44B | +57,902 | 0.31% |
| Bank Of America Corp /De/ | 10,535,587 | – | $1.43B | +228,400 | 0.09% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,733 | 883M | 164 / 804 | 547 / 81 | 45M | 34M |
| Q1 2026 | 1,677 | 873M | 165 / 732 | 568 / 105 | 167M | 44M |
| Q4 2025 | 1,642 | 877M | 247 / 725 | 475 / 82 | 60M | 69M |
| Q3 2025 | 1,509 | 889M | 143 / 695 | 485 / 100 | 57M | 51M |
| Q2 2025 | 1,493 | 884M | 137 / 603 | 585 / 131 | 64M | 43M |
| Q1 2025 | 1,511 | 866M | 160 / 667 | 512 / 109 | 56M | 39M |
| Q4 2024 | 1,483 | 867M | 179 / 538 | 603 / 167 | 39M | 62M |
| Q3 2024 | 1,504 | 892M | 156 / 643 | 513 / 88 | 137M | 41M |
| Q2 2024 | 1,451 | 892M | 137 / 620 | 535 / 151 | 45M | 87M |
| Q1 2024 | 1,486 | 937M | 136 / 637 | 507 / 113 | 47M | 31M |
| Q4 2023 | 1,480 | 922M | 225 / 503 | 585 / 102 | 94M | 30M |
| Q3 2023 | 1,382 | 861M | 92 / 582 | 498 / 90 | 27M | 22M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PLD | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Real Estate Index Fund | 35,462,583 | – | $5.13B | 7.01% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 29,594,189 | – | $4.01B | 0.17% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 24,161,409 | – | $3.27B | 0.20% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 12,824,701 | – | $1.74B | 0.20% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 11,895,574 | – | $1.71B | 0.21% | May 31, 2026 |
| Vanguard Value Index Fund | 8,875,610 | – | $1.20B | 0.47% | Jun 30, 2026 |
| MFS Value Fund | 7,043,223 | – | $1.01B | 1.98% | May 31, 2026 |
| Schwab U.S. REIT ETF | 6,228,594 | – | $893.62M | 8.95% | May 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 6,223,943 | – | $900.04M | 8.21% | Jul 31, 2026 |
| State Street(R) Real Estate Select Sector SPDR(R) ETF | 5,189,177 | – | $702.98M | 8.68% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 5,061,556 | – | $685.69M | 0.20% | Jun 30, 2026 |
| Cohen & Steers Institutional Realty Shares | 4,182,703 | – | $566.63M | 6.33% | Jun 30, 2026 |
| Cohen & Steers Realty Shares | 3,812,268 | – | $516.45M | 6.33% | Jun 30, 2026 |
| Putnam Large Cap Value Fund | 3,735,386 | – | $540.17M | 0.98% | Jul 31, 2026 |
| Investment Co of America | 3,727,983 | – | $505.03M | 0.27% | 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 | Latest filing |
|---|---|---|---|
| Daniel Letter | Chief Executive Officer, Director | 20 | Jul 16, 2026 |
| Deborah K. Briones | Chief Legal Officer/GC | 3,116 | Jul 16, 2026 |
| Damon Austin | Chief Development Officer | – | Jul 16, 2026 |
| Trisha Burns | Chief Accounting Officer | 3,510 | Jul 16, 2026 |
| Timothy D. Arndt | Chief Financial Officer | 0 | Jul 16, 2026 |
| Carter Andrus | Chief Operating Officer | – | Jul 16, 2026 |
| Lori A. Palazzolo | Chief Accounting Officer/MD | 654 | Jan 22, 2026 |
| Joseph Ghazal | Chief Investment Officer | 8,470 | May 6, 2025 |
| Cristina Gabriela Bita | Director | 11,023 | Sep 21, 2026 |
| George L. Fotiades | Director | 9,687 | Sep 21, 2026 |
| Hamid Moghadam | Director | 1,894,496 | Jul 20, 2026 |
| Alfred F. Kelly Jr | Director | 564 | Jul 7, 2026 |
| Olivier Piani | Director | 12,324 | Jul 2, 2026 |
| Avid Modjtabai | Director | 22,645 | Jul 2, 2026 |
| Sarah A. Slusser | Director | 109 | Jul 2, 2026 |
| Lydia H. Kennard | Director | 66,167 | Jul 2, 2026 |
| James B. Connor | Director | 6,218 | Jul 2, 2026 |
| Guy A. Metcalfe | Director | 2,500 | Jul 2, 2026 |
| David P. Oconnor | Director | 19,617 | Jul 2, 2026 |
| Irving F. Lyons Iii | Director | 67,256 | Apr 30, 2026 |
| Carl B. Webb | Director | 119,786 | May 9, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Cristina Gabriela Bita Director | Sep 17, 2026 | Option exercise | +1,128 | – | – | 11,023 |
| Cristina Gabriela Bita Director | Sep 17, 2026 | Option exercise | +1,687 | – | – | 9,895 |
| George L. Fotiades Director | Sep 17, 2026 | Option exercise | +1,687 | – | – | 1,687 |
| Hamid Moghadam Director | Jul 16, 2026 | Sale(10b5-1 plan) | −50,000 | $149.91 | $7.50M | 969,089 |
| Timothy D. Arndt Chief Financial Officer | Jun 15, 2026 | Sale(10b5-1 plan) | −3,597 | $150.00 | $539.55K | 0 |
| Olivier Piani Director | Apr 28, 2026 | Award | +1,984 | – | – | 12,324 |
| Olivier Piani Director | Apr 28, 2026 | Tax withholding | −595 | $141.53 | $84.21K | 11,729 |
| James B. Connor Director | Apr 28, 2026 | Option exercise | +1,984 | – | – | 1,984 |
| Irving F. Lyons Iii Director | Apr 28, 2026 | Conversion | +43,825 | $141.53 | $6.20M | 43,825 |
| Avid Modjtabai Director | Apr 28, 2026 | Option exercise | +1,984 | – | – | 22,645 |
| Lydia H. Kennard Director | Apr 28, 2026 | Option exercise | +1,984 | – | – | 34,413 |
| Hamid Moghadam Director | Mar 26, 2026 | Gift | +1,019,089 | – | – | 1,019,089 |
| Hamid Moghadam Director | Mar 26, 2026 | Gift | −1,019,089 | – | – | 0 |
| Sarah A. Slusser Director | Jan 28, 2026 | Sale | −10 | $127.57 | $1.28K | 11 |
| George L. Fotiades Director | Dec 9, 2025 | Gift | −1,824 | – | – | 0 |
| Cristina Gabriela Bita Director | Dec 1, 2025 | Sale(10b5-1 plan) | −621 | $127.60 | $79.24K | 8,208 |
| Cristina Gabriela Bita Director | Nov 3, 2025 | Sale(10b5-1 plan) | −500 | $123.14 | $61.57K | 8,829 |
| James B. Connor Director | Oct 24, 2025 | Sale | −80,000 | $126.58 | $10.13M | 0 |
| James B. Connor Director | Oct 23, 2025 | Other | +80,000 | – | – | 80,000 |
| Sarah A. Slusser Director | Oct 9, 2025 | Sale | −42 | $114.69 | $4.82K | 21 |
| Sarah A. Slusser Director | Oct 8, 2025 | Sale | −18 | $115.87 | $2.09K | 63 |
| Cristina Gabriela Bita Director | Oct 1, 2025 | Sale(10b5-1 plan) | −500 | $115.69 | $57.85K | 9,329 |
| Cristina Gabriela Bita Director | Sep 3, 2025 | Sale(10b5-1 plan) | −1,000 | $111.00 | $111.00K | 9,829 |
| Lori A. Palazzolo Chief Accounting Officer/MD | Aug 26, 2025 | Sale | −25,000 | $111.33 | $2.78M | 414 |
| Lori A. Palazzolo Chief Accounting Officer/MD | Aug 19, 2025 | Award | +25,000 | – | – | 25,414 |
| Sarah A. Slusser Director | Jul 14, 2025 | Sale | −22 | $108.63 | $2.39K | 81 |
| Sarah A. Slusser Director | Jul 10, 2025 | Sale | −19 | $108.58 | $2.06K | 103 |
| George L. Fotiades Director | Jun 1, 2025 | Option exercise | +1,824 | – | – | 1,824 |
| Sarah A. Slusser Director | May 14, 2025 | Buy | +13 | $107.34 | $1.40K | 122 |
| Carl B. Webb Director | May 8, 2025 | Option exercise | +29,820 | $105.04 | $3.13M | 119,786 |
| Lydia H. Kennard Director | May 4, 2025 | Option exercise | +1,617 | – | – | 32,429 |
| David P. Oconnor Director | May 4, 2025 | Option exercise | +1,617 | – | – | 10,617 |
| Avid Modjtabai Director | May 4, 2025 | Option exercise | +1,617 | – | – | 20,661 |
| Olivier Piani Director | May 4, 2025 | Tax withholding | −485 | $105.41 | $51.12K | 10,340 |
| Olivier Piani Director | May 4, 2025 | Option exercise | +1,617 | – | – | 10,825 |
| Carl B. Webb Director | May 4, 2025 | Option exercise | +1,617 | – | – | 89,966 |
| Joseph Ghazal Chief Investment Officer | May 3, 2025 | Option exercise | +252 | – | – | 8,470 |
| Joseph Ghazal Chief Investment Officer | May 3, 2025 | Tax withholding | −128 | $105.41 | $13.49K | 8,342 |
| Joseph Ghazal Chief Investment Officer | Feb 21, 2025 | Tax withholding | −250 | $120.90 | $30.23K | 8,218 |
| Joseph Ghazal Chief Investment Officer | Feb 21, 2025 | Option exercise | +491 | – | – | 8,468 |
| Joseph Ghazal Chief Investment Officer | Feb 5, 2025 | Sale | −10,997 | $118.74 | $1.31M | 7,977 |
| Joseph Ghazal Chief Investment Officer | Feb 2, 2025 | Tax withholding | −232 | $119.25 | $27.67K | 18,974 |
| Joseph Ghazal Chief Investment Officer | Feb 2, 2025 | Option exercise | +956 | – | – | 19,206 |
| Joseph Ghazal Chief Investment Officer | Jan 18, 2025 | Option exercise | +639 | – | – | 18,607 |
| Joseph Ghazal Chief Investment Officer | Jan 18, 2025 | Tax withholding | −94 | $109.48 | $10.29K | 17,968 |
| Joseph Ghazal Chief Investment Officer | Jan 18, 2025 | Option exercise | +168 | – | – | 18,062 |
| Joseph Ghazal Chief Investment Officer | Jan 18, 2025 | Tax withholding | −357 | $109.48 | $39.08K | 18,250 |
| Joseph Ghazal Chief Investment Officer | Jan 17, 2025 | Option exercise | +2,229 | – | – | 18,692 |
| Joseph Ghazal Chief Investment Officer | Jan 17, 2025 | Tax withholding | −798 | $110.93 | $88.52K | 17,894 |
| Joseph Ghazal Chief Investment Officer | Jan 16, 2025 | Option exercise | +2,405 | – | – | 17,386 |
| Joseph Ghazal Chief Investment Officer | Jan 16, 2025 | Tax withholding | −923 | $107.85 | $99.55K | 16,463 |
| Joseph Ghazal Chief Investment Officer | Dec 15, 2024 | Option exercise | +390 | – | – | 15,179 |
| Joseph Ghazal Chief Investment Officer | Dec 15, 2024 | Tax withholding | −198 | $111.13 | $22.00K | 14,981 |
| Joseph Ghazal Chief Investment Officer | Nov 28, 2024 | Tax withholding | −1,647 | $117.80 | $194.02K | 14,789 |
| Joseph Ghazal Chief Investment Officer | Nov 28, 2024 | Option exercise | +3,249 | – | – | 16,436 |
| James B. Connor Director | Oct 28, 2024 | Sale | −53.4 | $117.81 | $6.29K | 0 |
| Joseph Ghazal Chief Investment Officer | Aug 23, 2024 | Sale | −5,200 | $129.07 | $671.16K | 13,187 |
| Joseph Ghazal Chief Investment Officer | Aug 19, 2024 | Tax withholding | −318 | $122.85 | $39.07K | 18,379 |
| Joseph Ghazal Chief Investment Officer | Aug 19, 2024 | Option exercise | +559 | – | – | 18,697 |
| Joseph Ghazal Chief Investment Officer | Aug 18, 2024 | Tax withholding | −2,480 | $122.85 | $304.67K | 18,138 |
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 |
|---|---|---|---|---|---|
| Hamid Moghadam Officer, Director | Jul 16, 2026 | 50,000 | $7.49M | Jul 16, 2026 | RSUs and NQSOs |
| Arndt Timothy Officer | Jun 15, 2026 | 3,597 | $535.02K | Jun 15, 2026 | Restricted Stock Awards |
| B. Connor James Director | Oct 24, 2025 | 80,000 | $10.11M | Oct 24, 2025 | Acquired from issuer in private transaction |
| Bita Cristina Director | Sep 3, 2025 | 2,621 | $291.72K | Sep 3, 2025 | Restricted Stock Units |
| Palazzolo Lori Officer | Aug 26, 2025 | 25,000 | $2.78M | Aug 26, 2025 | Acquired from a distribution by a partnership or investment vehicle |
| Joseph Ghazal Officer | Feb 5, 2025 | 10,997 | $1.31M | Feb 5, 2025 | RESTRICTED STOCK |
| Joseph Ghazal Officer | Aug 23, 2024 | 5,200 | $671.16K | Aug 23, 2024 | RESTRICTED STOCK |
| B. Connor James Director | Dec 20, 2023 | 124,750 | $16.55M | Dec 20, 2023 | Redeemed partnership shares on 12/8/2023 for Common Equity |
| B. Connor James Director | Nov 28, 2023 | 68,100 | $7.63M | Nov 28, 2023 | Acquired as compensation as Restricted Stock Units From Duke Reality, Converted to Prologis, Inc due to merger closed on 10/3/2022 |
| George L. Fotiades Director | Aug 1, 2023 | 10,711 | $1.34M | Jul 31, 2023 | Purchase |