Lineage, Inc. (LINE) shareholders
LINENasdaqReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 8/3021% above fair value
$35.31+0.38 (+1.09%)
Close on Nov 13, 2026Market cap $8.04BP/E –Yield 5.98%
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
5 buys · 0 sales
Net bought $2.77M
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 Joint filing with Adam Matthew Schwartz Forste (71.80%), Bay Grove Capital Group LLC (71.70%) and 3 more | 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)
194 funds held LINE in Q2 2026, 64% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| 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 |
| Kelly Burlage | Chief Human Resources Officer | 11,518 | 0.01% | Nov 12, 2026 |
| 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 |
| 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 |
| Nancy Joy Falotico | Director | 18,517 | 0.01% | Jun 11, 2026 |
| Michael John Turner | Director | 11,612 | 0.01% | Jun 11, 2026 |
| Shellye L. Archambeau | Director | 12,112 | 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 |
|---|---|---|---|---|---|---|
| Kelly Burlage Chief Human Resources Officer | Nov 10, 2026 | Tax withholding | −656 | $39.66 | $26.02K | 11,518 |
| 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 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
3.19%
7M shares short
Days to cover
8.0
At 1M shares a day
Change since last report
+2.0%
From 7M shares
Short volume, 20 days
63.4%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Lineage's stock actually held short. Settlement fails (shares not delivered on time) peaked at 9,856 shares on Oct 2, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Sudarsan V. Thattai Officer | Mar 3, 2026 | 7,983 | $325.55K | Mar 3, 2026 | Open Market Purchase |
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