§ REAL ESTATE
USD · Real EstateNLOP
NET LEASE OFFICE PROPERTY
USDSector · Real EstateBeta · 0.98
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
103 increased/new, 49 decreased/exited (13F)
AC 13F Analysis
§ 04 · FUNDAMENTALS · THE BOOKS
| P/B | 1.29 | EPS (TTM) | -8.15 |
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| BlackRock, Inc. | 1.6M | 0.0% | +20% |
| VANGUARD CAPITAL MANAGEMENT LLC | 880K | n/a | n/a |
| State Street | 419K | 0.0% | +1% |
| Geode Capital Management | 366K | 0.0% | −14% |
| Millennium Management | 303K | 0.0% | +85% |
| TWO SIGMA INVESTMENTS, LP | 285K | 0.0% | +306% |
◇ AC INTELLIGENCE
Top institutional owners for NLOP as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER94.9% · 0 holders
OTHER2.8% · 197 holders
PASSIVE / INDEX1.2% · 7 holders
DEALER / BANK0.5% · 24 holders
TACTICAL / MACRO0.2% · 2 holders
QUALITY / COMPOUNDER0.2% · 9 holders
SYSTEMATIC / QUANT0.1% · 7 holders
INCOME / DEFENSIVE0.0% · 7 holders
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for NLOP in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention NLOP yet.