TRCNYSEReal EstateFiscal year ends December 31
TEJON RANCH CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$16.04−0.30 (-1.84%)
Close on Oct 19, 2026
- Market cap
- $434.20M
- P/E (TTM)
- 69.7
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
78.5%
21M of 27M shares
Institutional holders
125
11 new, 11 sold out
Net institutional buying
0M
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 |
|---|---|---|---|---|
| Horizon Kinetics Asset Management LLC | 1,913,978 | 7.10% | 13G (passive) amendment | Sep 22, 2025 |
| David Spier | 1,681,564 | 6.20% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 1,474,430 | 5.50% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TRC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Towerview LLC | 3,845,500 | 14.23% | $71.91M | – | 47.16% |
| Horizon Kinetics Asset Management LLC | 2,011,689 | 7.44% | $37.62M | +109,083 | 0.43% |
| Nitor Capital Management LLC | 1,798,905 | 6.66% | $33.64M | +117,341 | 22.71% |
| BlackRock, Inc. | 1,624,752 | 6.01% | $30.38M | +68,197 | 0.00% |
| Dimensional Fund Advisors LP | 1,368,551 | 5.06% | $25.59M | −89,883 | 0.00% |
| Vanguard Portfolio Management LLC | 1,062,986 | 3.93% | $19.88M | +42,813 | 0.00% |
| Vanguard Capital Management LLC | 986,230 | 3.65% | $18.44M | +3,513 | 0.00% |
| Bulldog Investors, LLP | 793,449 | 2.94% | $14.84M | +914 | 3.26% |
| Gamco Investors, Inc. Et Al | 710,339 | 2.63% | $13.28M | −27,600 | 0.12% |
| Lee Danner & Bass Inc | 675,425 | 2.50% | $12.63M | −20,000 | 0.73% |
| Geode Capital Management, LLC | 635,379 | 2.35% | $11.88M | +38,780 | 0.00% |
| Foundation Resource Management Inc | 514,024 | 1.90% | $9.61M | +1,710 | 1.12% |
| State Street Corp | 506,294 | 1.87% | $9.47M | +1,240 | 0.00% |
| Concurrent Investment Advisors, LLC | 448,677 | 1.66% | $8.39M | +913 | 0.07% |
| Renaissance Technologies LLC | 368,648 | 1.36% | $6.89M | +19,900 | 0.01% |
| Royce & Associates LP | 313,818 | 1.16% | $5.87M | – | 0.05% |
| Gem Investment Advisors, LLC | 309,985 | 1.15% | $5.80M | – | 3.55% |
| Gabelli Funds LLC | 269,000 | 1.00% | $5.03M | −11,000 | 0.03% |
| Northern Trust Corp | 208,486 | 0.77% | $3.90M | +14,695 | 0.00% |
| Charles Schwab Investment Management Inc | 194,740 | 0.72% | $3.64M | +1,841 | 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 | 125 | 21M | 78.5% | 11 / 48 | 30 / 11 | 1M | 0M |
| Q1 2026 | 128 | 21M | 77.5% | 19 / 44 | 32 / 13 | 4M | 0M |
| Q4 2025 | 126 | 20M | 73.2% | 26 / 32 | 41 / 11 | 2M | 1M |
| Q3 2025 | 111 | 18M | 67.7% | 13 / 36 | 29 / 10 | 2M | 1M |
| Q2 2025 | 109 | 17M | 64.5% | 9 / 43 | 23 / 13 | 2M | 1M |
| Q1 2025 | 114 | 16M | 60.9% | 13 / 33 | 43 / 15 | 1M | 1M |
| Q4 2024 | 118 | 17M | 61.3% | 16 / 36 | 40 / 5 | 1M | 1M |
| Q3 2024 | 107 | 17M | 62.5% | 10 / 28 | 30 / 3 | 2M | 1M |
| Q2 2024 | 102 | 18M | 64.9% | 15 / 34 | 31 / 11 | 2M | 1M |
| Q1 2024 | 99 | 16M | 60.0% | 7 / 27 | 38 / 11 | 0M | 0M |
| Q4 2023 | 105 | 16M | 60.5% | 11 / 35 | 29 / 7 | 1M | 0M |
| Q3 2023 | 101 | 16M | 60.3% | 9 / 35 | 32 / 4 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of TRC | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Real Estate Index Fund | 770,196 | 2.85% | $13.04M | 0.02% | Jul 31, 2026 |
| Horizon Kinetics Inflation Beneficiaries ETF | 680,386 | 2.52% | $12.72M | 0.86% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 675,522 | 2.50% | $12.63M | 0.00% | Jun 30, 2026 |
| 1290 VT GAMCO Small Company Value Portfolio | 558,000 | 2.07% | $10.43M | 0.23% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 531,953 | 1.97% | $9.95M | 0.01% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 420,998 | 1.56% | $7.13M | 0.04% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 288,889 | 1.07% | $5.40M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 230,897 | 0.85% | $3.91M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 195,370 | 0.72% | $3.65M | 0.03% | Jun 30, 2026 |
| Dimensional US Small Cap Value ETF | 135,542 | 0.50% | $2.29M | 0.03% | Jul 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 135,020 | 0.50% | $2.29M | 0.02% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 130,233 | 0.48% | $2.52M | 0.01% | May 31, 2026 |
| 1290 VT Small Cap Value Portfolio | 128,191 | 0.47% | $2.40M | 0.51% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 127,150 | 0.47% | $2.15M | 0.03% | Jul 31, 2026 |
| The Gabelli Small Cap Growth Fund | 123,000 | 0.46% | $2.30M | 0.12% | 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 |
|---|---|---|---|---|
| Robert D. Velasquez | SVP Finance/CAO | 51,422 | 0.19% | Jul 28, 2026 |
| Hugh F. McMahon IV | Executive VP- Real Estate | 89,815 | 0.33% | Jul 28, 2026 |
| Michael R.W. Houston | Sr. VP & General Counsel | 17,472 | 0.06% | Jul 28, 2026 |
| Matthew H. Walker | CEO, President | 18,926 | 0.07% | Mar 31, 2026 |
| Brett A. Brown | Executive Vice President / CFO | 0 | – | Jul 14, 2025 |
| Allen E. Lyda | Executive Vice President/ COO | 216,963 | 0.80% | Mar 5, 2025 |
| Jeffrey Joseph McCall | Director | 11,298 | 0.04% | Jul 15, 2026 |
| Andrew Dakos | Director | 61,367 | 0.23% | Jul 15, 2026 |
| Gregory S. Bielli | Director | 449,336 | 1.66% | Jul 15, 2026 |
| Denise A. Gammon | Director | 6,477 | 0.02% | Jul 15, 2026 |
| Eric H. Speron | Director | 7,810 | 0.03% | Jul 15, 2026 |
| Steven A. Betts | Director | 57,225 | 0.21% | Jul 15, 2026 |
| Anthony L. Leggio | Director | 58,518 | 0.22% | Jul 15, 2026 |
| Kenneth Yee | Director | 5,770 | 0.02% | Jul 15, 2026 |
| Norman J. Metcalfe | Director | 143,091 | 0.53% | Jul 15, 2026 |
| Daniel R. Tisch | Director, 10% owner | 89,761 | 0.33% | Jul 14, 2026 |
| Michael H. Winer | Director | 31,272 | 0.12% | Jul 18, 2025 |
| Rhea Frawn Morgan | Director | 13,259 | 0.05% | Jul 18, 2025 |
| Geoffrey L. Stack | Director | 166,791 | 0.62% | Feb 12, 2025 |
| Llc Towerview | 10% owner | 80,327 | 0.30% | Jul 14, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Robert D. Velasquez SVP Finance/CAO | Jul 28, 2026 | Award | +2,854 | $18.47 | $52.71K | 51,422 |
| Robert D. Velasquez SVP Finance/CAO | Jul 28, 2026 | Tax withholding | −1,458 | $18.47 | $26.93K | 49,964 |
| Michael R.W. Houston Sr. VP & General Counsel | Jul 28, 2026 | Award | +2,808 | $18.47 | $51.86K | 17,472 |
| Michael R.W. Houston Sr. VP & General Counsel | Jul 28, 2026 | Tax withholding | −1,119 | $18.47 | $20.67K | 16,353 |
| Hugh F. McMahon IV Executive VP- Real Estate | Jul 28, 2026 | Tax withholding | −1,385 | $18.47 | $25.58K | 89,815 |
| Hugh F. McMahon IV Executive VP- Real Estate | Jul 28, 2026 | Award | +2,876 | $18.47 | $53.12K | 91,200 |
| Andrew Dakos Director | Jul 14, 2026 | Award | +918 | $18.70 | $17.17K | 36,367 |
| Gregory S. Bielli Director | Jul 14, 2026 | Award | +918 | $18.70 | $17.17K | 449,336 |
| Denise A. Gammon Director | Jul 14, 2026 | Award | +918 | $18.70 | $17.17K | 6,477 |
| Jeffrey Joseph McCall Director | Jul 14, 2026 | Award | +1,587 | $18.70 | $29.68K | 11,298 |
| Norman J. Metcalfe Director | Jul 14, 2026 | Award | +1,253 | $18.70 | $23.43K | 92,124 |
| Kenneth Yee Director | Jul 14, 2026 | Award | +565 | $18.70 | $10.57K | 5,770 |
| Eric H. Speron Director | Jul 14, 2026 | Award | +1,587 | $18.70 | $29.68K | 7,810 |
| Anthony L. Leggio Director | Jul 14, 2026 | Award | +1,119 | $18.70 | $20.93K | 58,518 |
| Steven A. Betts Director | Jul 14, 2026 | Award | +1,320 | $18.70 | $24.68K | 52,018 |
| Daniel R. Tisch Director, 10% owner | Jul 14, 2026 | Award | +1,787 | $18.70 | $33.42K | 89,761 |
| Denise A. Gammon Director | Apr 7, 2026 | Award | +913 | $18.84 | $17.20K | 5,559 |
| Andrew Dakos Director | Apr 7, 2026 | Award | +913 | $18.84 | $17.20K | 35,449 |
| Anthony L. Leggio Director | Apr 7, 2026 | Award | +1,113 | $18.84 | $20.97K | 57,399 |
| Eric H. Speron Director | Apr 7, 2026 | Award | +1,577 | $18.84 | $29.71K | 6,223 |
| Daniel R. Tisch Director, 10% owner | Apr 7, 2026 | Award | +1,776 | $18.84 | $33.46K | 87,974 |
| Steven A. Betts Director | Apr 7, 2026 | Award | +1,312 | $18.84 | $24.72K | 50,698 |
| Norman J. Metcalfe Director | Apr 7, 2026 | Award | +1,245 | $18.84 | $23.46K | 90,871 |
| Gregory S. Bielli Director | Apr 7, 2026 | Award | +913 | $18.84 | $17.20K | 448,418 |
| Kenneth Yee Director | Apr 7, 2026 | Award | +913 | $18.84 | $17.20K | 5,205 |
| Jeffrey Joseph McCall Director | Apr 7, 2026 | Award | +1,577 | $18.84 | $29.71K | 9,711 |
| Matthew H. Walker CEO, President | Mar 31, 2026 | Tax withholding | −13,509 | $17.92 | $242.08K | 18,926 |
| Matthew H. Walker CEO, President | Mar 31, 2026 | Award | +32,435 | $17.92 | $581.24K | 32,435 |
| Robert D. Velasquez SVP Finance/CAO | Mar 24, 2026 | Award | +17,221 | $18.90 | $325.48K | 58,127 |
| Robert D. Velasquez SVP Finance/CAO | Mar 24, 2026 | Tax withholding | −9,559 | $18.90 | $180.67K | 48,568 |
| Hugh F. McMahon IV Executive VP- Real Estate | Mar 24, 2026 | Award | +26,042 | $18.90 | $492.19K | 101,188 |
| Hugh F. McMahon IV Executive VP- Real Estate | Mar 24, 2026 | Tax withholding | −12,864 | $18.90 | $243.13K | 88,324 |
| Michael R.W. Houston Sr. VP & General Counsel | Mar 24, 2026 | Award | +20,473 | $18.90 | $386.94K | 23,205 |
| Michael R.W. Houston Sr. VP & General Counsel | Mar 24, 2026 | Tax withholding | −8,541 | $18.90 | $161.42K | 14,664 |
| Gregory S. Bielli Director | Jan 13, 2026 | Award | +1,043 | $15.77 | $16.45K | 447,505 |
| Kenneth Yee Director | Jan 13, 2026 | Award | +1,043 | $15.77 | $16.45K | 4,292 |
| Anthony L. Leggio Director | Jan 13, 2026 | Award | +1,280 | $15.77 | $20.19K | 56,286 |
| Norman J. Metcalfe Director | Jan 13, 2026 | Award | +1,439 | $15.77 | $22.69K | 89,626 |
| Denise A. Gammon Director | Jan 13, 2026 | Award | +1,043 | $15.77 | $16.45K | 4,646 |
| Jeffrey Joseph McCall Director | Jan 13, 2026 | Award | +1,835 | $15.77 | $28.94K | 8,134 |
| Steven A. Betts Director | Jan 13, 2026 | Award | +1,518 | $15.77 | $23.94K | 49,386 |
| Eric H. Speron Director | Jan 13, 2026 | Award | +1,043 | $15.77 | $16.45K | 4,646 |
| Andrew Dakos Director | Jan 12, 2026 | Award | +1,043 | $15.77 | $16.45K | 34,536 |
| Daniel R. Tisch Director, 10% owner | Jan 12, 2026 | Award | +2,073 | $15.77 | $32.69K | 86,198 |
| Jeffrey Joseph McCall Director | Nov 5, 2025 | Award | +1,814 | $15.98 | $28.99K | 6,299 |
| Denise A. Gammon Director | Nov 5, 2025 | Award | +1,032 | $15.98 | $16.49K | 3,603 |
| Anthony L. Leggio Director | Nov 5, 2025 | Award | +1,267 | $15.98 | $20.25K | 55,006 |
| Gregory S. Bielli Director | Nov 5, 2025 | Award | +1,032 | $15.98 | $16.49K | 446,462 |
| Norman J. Metcalfe Director | Nov 5, 2025 | Award | +1,423 | $15.98 | $22.74K | 88,187 |
| Eric H. Speron Director | Nov 5, 2025 | Award | +1,032 | $15.98 | $16.49K | 3,603 |
| Steven A. Betts Director | Nov 5, 2025 | Award | +1,502 | $15.98 | $24.00K | 47,868 |
| Kenneth Yee Director | Nov 5, 2025 | Award | +1,032 | $15.98 | $16.49K | 3,249 |
| Andrew Dakos Director | Nov 4, 2025 | Award | +1,032 | $15.98 | $16.49K | 33,493 |
| Daniel R. Tisch Director, 10% owner | Nov 4, 2025 | Award | +2,049 | $15.98 | $32.74K | 84,125 |
| Denise A. Gammon Director | Jul 17, 2025 | Award | +987 | $16.96 | $16.74K | 2,571 |
| Norman J. Metcalfe Director | Jul 17, 2025 | Award | +1,356 | $16.96 | $23.00K | 86,764 |
| Michael H. Winer Director | Jul 17, 2025 | Award | +630 | $16.96 | $10.68K | 31,272 |
| Gregory S. Bielli Director | Jul 17, 2025 | Award | +987 | $16.96 | $16.74K | 445,430 |
| Kenneth Yee Director | Jul 17, 2025 | Award | +987 | $16.96 | $16.74K | 2,217 |
| Eric H. Speron Director | Jul 17, 2025 | Award | +987 | $16.96 | $16.74K | 2,571 |
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 |
|---|---|---|---|---|---|
| Revocable Trust Stack Director | Dec 12, 2024 | 2,500 | $39.00K | Dec 12, 2024 | Exercise of options under a registered plan |
| Revocable Trust Stack Director | Dec 10, 2024 | 2,500 | $40.00K | Dec 10, 2024 | Exercise of options under a registered plan |
| Revocable Trust Stack Director | Dec 9, 2024 | 5,000 | $80.63K | Dec 9, 2024 | Exercise of options under a registered plan |
| Revocable Trust Stack Director | Dec 2, 2024 | 2,500 | $40.26K | Dec 2, 2024 | Exercise of options under a registered plan |
| Revocable Trust Stack Director | Nov 26, 2024 | 2,500 | $40.25K | Nov 26, 2024 | Exercise of options under a registered plan |
| Revocable Trust Stack Director | Nov 25, 2024 | 5,000 | $81.22K | Nov 25, 2024 | Exercise of options under a registered plan |
| Revocable Trust Stack Director | Nov 22, 2024 | 6,000 | $94.59K | Nov 22, 2024 | Exercise of options under a registered plan |
| Revocable Trust Stack Director | Nov 14, 2024 | 2,338 | $37.64K | Nov 14, 2024 | Exercise of options under a registered plan |
| Revocable Trust Stack Director | Nov 13, 2024 | 2,000 | $32.80K | Nov 13, 2024 | Exercise of options under a registered plan |