Nnn Reit Inc (NNN) Quarterly Institutional 13F Update (Q2 2026)

NNN ranks #948 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

NNN is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.2% of that fund's own 13F portfolio.

NNN is a top-conviction position for Rush Island Management, LP — at 7.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in NNN belongs to BlackRock, Inc., but the position matters far more to Rush Island Management, LP, who has 7.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Cliff Asness has added to its NNN position for two straight quarters, increasing it by $308.4M to reach $454.7M today.

Victory Capital Management Inc has trimmed its NNN position for two straight quarters, cutting it by $94.7M while still holding $281.6M.

NNN is up 0.1% today, and institutions have been net buyers of $1.2B this quarter — today's price move and the underlying institutional flow are pointing the same direction.

NNN posted net income of $391.2M over the trailing twelve months, and currently trades at a P/E of 21.7.

• Profitable — net income of $391.2M over the trailing twelve months
• Revenue grew 5.0% year over year
• Net income declined year over year, from $392.8M to $391.2M
• Generated $667.1M in positive operating cash flow
• Liabilities run 1.13x equity — within a conventional range