Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nnn REIT Inc (NNN)

537 + Investors. Track Smart Money conviction in NNN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +23
Streak
3Q ▲
Buyers last Q
62%

Smart Money Signals — NNN

Based on 539 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NNN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
539 hedge funds hold NNN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+62 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 62% buying

317 buying196 selling
Last quarter: 317 funds were net buyers (79 opened a brand new position + 238 added to an existing one). Only 196 were sellers (140 trimmed + 56 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~79 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 56 → 76 → 83 → 79. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 19% medium ■ 19% new
334 out of 539 hedge funds have held NNN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

65 → 56 → 76 → 83 → 79 new funds/Q
New funds entering each quarter: 56 → 76 → 83 → 79. A growing number of institutions are discovering NNN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 66% of holders stayed 2+ years

■ 66% veterans ■ 11% 1-2yr ■ 23% new
Of 547 current holders: 360 (66%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
59 of 539 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in NNN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NNN

In 2026 Q1, 317 hedge funds were net buyers of NNN (79 opened a new position, 238 added to an existing one), while 196 reduced or exited (140 trimmed, 56 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 46% of total institutional value in NNN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +23 funds (more new holders than closures). Total institutional holders: 539.

Hedge Fund Ownership: NNN

How many hedge funds hold NNN — quarterly history vs. share price
Quarterly hedge fund ownership of NNN vs. share price

Market Analysis: NNN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NNN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Nnn REIT Inc (NNN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NNN has moved relative to its sector benchmark (XLRE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
NNN
+9.8%
XLRE
+10.5%

NNN outperformed XLRE by -0.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
NNN
+5.6%
XLRE
+4.3%

Since the filing became public, NNN outperformed XLRE by +1.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

37 top-rated funds 2 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: NNN
537 + Investors

Track Smart Money conviction in NNN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 537 516 4.07%
13F Shares 176M 176M 0.17%
Total Value $7.28B $6.94B 4.87%
New Positions 78 83 -5
Increased Positions 236 181 +55
Closed Positions 57 62 -5
Reduced Positions 137 182 -45
Total Calls 6 5 20.0%
Total Puts 4 3 33.33%
PUT/CALL Ratio 0.67 0.6 Bullish

Statistics: NNN

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Institutional Holders (2026 Q1)

537 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NNN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NNN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rush Island Management, LP 8.74% 3,099,284 $130.3M
2 Gerald Baker Financial Group LLC 4.08% 252,839 $10.3M
3 Bernzott Capital Advisors 2.73% 135,771 $5.7M
4 TT Capital Management LLC 1.87% 54,025 $2.3M
5 Weaver C. Barksdale & Associates, Inc. 1.66% 41,285 $1.7M
6 Sophron Capital Management L.P. 1.50% 121,122 $5.1M
7 Verity & Verity, LLC 1.48% 471,571 $19.8M
8 Equity Investment Corp 1.37% 1,662,396 $69.9M
9 Values First Advisors, Inc. 1.26% 57,326 $2.4M
10 Lasalle Investment Management Securities LLC 1.23% 741,012 $31.1M
11 Mfg Wealth Management, INC. 1.16% 33,319 $1.4M
12 Riverwater Partners LLC 1.11% 79,447 $3.3M
13 Mondrian Investment Partners LTD 1.11% 1,766,273 $74.2M
14 Sound Income Strategies, LLC 0.98% 476,389 $20.2M
15 Red Spruce Capital, LLC 0.88% 51,255 $2.2M
16 Tectonic Advisors LLC 0.80% 358,398 $15.1M
17 Morey & Quinn Wealth Partners, LLC 0.66% 22,101 $929K
18 Collar Capital Management, LLC 0.63% 23,247 $977K
19 Arbejdsmarkedets Tillaegspension 0.63% 598,125 $25.1M
20 Murphy, Middleton, Hinkle & Parker, Inc. 0.57% 29,253 $1.2M
21 Burford Brothers, Inc. 0.51% 29,360 $1.2M
22 Deprince Race & Zollo Inc 0.46% 575,208 $24.2M
23 Southland Equity Partners LLC 0.40% 48,420 $2.0M
24 Schnieders Capital Management, LLC. 0.37% 55,068 $2.3M
25 Snyder Capital Management L P 0.36% 444,220 $18.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nnn REIT Inc (NNN)

What does the Smart Money Trend signal show for NNN?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NNN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NNN?

More buyers than sellers — 62% buying: Last quarter: 317 funds were net buyers (79 opened a brand new position + 238 added to an existing one). Only 196 were sellers (140 trimmed + 56 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NNN holders?

Elite ownership — 46% AUM from top-100 funds: 59 of 539 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in NNN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NNN?

62% of holders stayed for 2+ years: 334 out of 539 hedge funds have held NNN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Nnn REIT Inc (NNN) following the 2026 Q1 hedge fund 13F filings?

As of today, NNN has moved +5.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.3% for the XLRE sector ETF — an outperformance of +1.3%. Since the quarter end (March 31, 2026), NNN has gained +9.8% vs +10.5% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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