Tejon Ranch Co (TRC) shareholders
TRCNYSEReal EstateFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 11/3030% above fair value
$17.20−0.09 (-0.52%)
Close on Nov 13, 2026Market cap $464.77MP/E 59.3Yield –
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 |
|---|---|---|---|---|
| Nitor Capital Management, LLC Joint filing with David Spier (7.20%) | 1,948,806 | 7.20% | 13G (passive) amendment | Sep 30, 2026 |
| Horizon Kinetics Asset Management LLC | 1,913,978 | 7.10% | 13G (passive) amendment | Sep 22, 2025 |
| David Spier Joint filing with Nitor Capital Management LLC (6.20%) | 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)
144 funds held TRC in Q2 2026, 57% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| 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 |
|---|---|---|---|---|
| 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 |
| Robert D. Velasquez | SVP Finance/CAO | 51,422 | 0.19% | 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 |
| Daniel R. Tisch | Director, 10% owner | 91,784 | 0.34% | Oct 21, 2026 |
| Gregory S. Bielli | Director | 450,357 | 1.67% | Oct 20, 2026 |
| Denise A. Gammon | Director | 7,498 | 0.03% | Oct 20, 2026 |
| Eric H. Speron | Director | 9,601 | 0.04% | Oct 20, 2026 |
| Steven A. Betts | Director | 58,708 | 0.22% | Oct 20, 2026 |
| Anthony L. Leggio | Director | 59,770 | 0.22% | Oct 20, 2026 |
| Norman J. Metcalfe | Director | 144,497 | 0.53% | Oct 20, 2026 |
| Jeffrey Joseph McCall | Director | 13,089 | 0.05% | Oct 20, 2026 |
| Andrew Dakos | Director | 62,388 | 0.23% | Oct 20, 2026 |
| Kenneth Yee | Director | 5,770 | 0.02% | Jul 15, 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% | Oct 21, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Daniel R. Tisch Director, 10% owner | Oct 20, 2026 | Award | +2,023 | $16.22 | $32.81K | 91,784 |
| Gregory S. Bielli Director | Oct 20, 2026 | Award | +1,021 | $16.22 | $16.56K | 450,357 |
| Jeffrey Joseph McCall Director | Oct 20, 2026 | Award | +1,791 | $16.22 | $29.05K | 13,089 |
| Norman J. Metcalfe Director | Oct 20, 2026 | Award | +1,406 | $16.22 | $22.81K | 93,530 |
| Eric H. Speron Director | Oct 20, 2026 | Award | +1,791 | $16.22 | $29.05K | 9,601 |
| Denise A. Gammon Director | Oct 20, 2026 | Award | +1,021 | $16.22 | $16.56K | 7,498 |
| Anthony L. Leggio Director | Oct 20, 2026 | Award | +1,252 | $16.22 | $20.31K | 59,770 |
| Steven A. Betts Director | Oct 20, 2026 | Award | +1,483 | $16.22 | $24.05K | 53,501 |
| Andrew Dakos Director | Oct 20, 2026 | Award | +1,021 | $16.22 | $16.56K | 37,388 |
| 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 |
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 float
6.31%
2M shares short
Days to cover
12.6
At 0M shares a day
Change since last report
-2.4%
From 2M shares
Short volume, 20 days
47.4%
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 Tejon Ranch's stock actually held short. Settlement fails (shares not delivered on time) peaked at 2,220 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 |
|---|---|---|---|---|---|
| Stack Revocable Trust Director | Dec 12, 2024 | 2,500 | $39.00K | Dec 12, 2024 | Exercise of options under a registered plan |
| Stack Revocable Trust Director | Dec 10, 2024 | 2,500 | $40.00K | Dec 10, 2024 | Exercise of options under a registered plan |
| Stack Revocable Trust Director | Dec 9, 2024 | 5,000 | $80.63K | Dec 9, 2024 | Exercise of options under a registered plan |
| Stack Revocable Trust Director | Dec 2, 2024 | 2,500 | $40.26K | Dec 2, 2024 | Exercise of options under a registered plan |
| Stack Revocable Trust Director | Nov 26, 2024 | 2,500 | $40.25K | Nov 26, 2024 | Exercise of options under a registered plan |
| Stack Revocable Trust Director | Nov 25, 2024 | 5,000 | $81.22K | Nov 25, 2024 | Exercise of options under a registered plan |
| Stack Revocable Trust Director | Nov 22, 2024 | 6,000 | $94.59K | Nov 22, 2024 | Exercise of options under a registered plan |
| Stack Revocable Trust Director | Nov 14, 2024 | 2,338 | $37.64K | Nov 14, 2024 | Exercise of options under a registered plan |
| Stack Revocable Trust Director | Nov 13, 2024 | 2,000 | $32.80K | Nov 13, 2024 | Exercise of options under a registered plan |
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