NNN REIT, Inc.
US ˙ NYSE ˙ US6374171063

SecurityNNN / NNN REIT, Inc.
InstitutionFmr Llc
Latest Disclosed Ownership19,276,947 shares
Ownership 10.30%
Fmr Llc ownership in NNN / NNN REIT, Inc.

2025-06-06 - Fmr Llc has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 19,276,947 shares of NNN REIT, Inc. (US:NNN). This represents 10.3 percent ownership of the company. In their previous filing dated 2025-02-12 , Fmr Llc had reported owning 15,827,176 shares, indicating an increase of 21.80 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date		Effective
Date		Form Prev
Shares		 Latest
Shares		 ΔShares
(Percent)		 Ownership
(Percent)		 ΔOwnership
(Percent)
2025-06-06 2025-06-06 13G/A 15,827,176 19,276,947 21.80 10.30 22.62
2025-02-12 2025-02-12 13G/A 12,932,142 15,827,176 22.39 8.40 19.30
2024-11-12 2024-11-12 13G/A 9,818,736 12,932,142 31.71 7.04 30.85
2024-02-09 2024-02-09 13G/A 9,718,287 9,818,736 1.03 5.38 -1.03
2023-02-09 2023-02-09 13G/A 10,530,351 9,718,287 -7.71 5.44 -9.32
2022-02-09 2022-02-09 13G/A 11,097,944 10,530,351 -5.11 6.00 -6.14
2021-02-08 2021-02-08 13G 2,810,224 11,097,944 294.91 6.39 197.95
2015-02-13 2015-02-13 13G/A 2,810,224 2.14
2014-02-14 2014-02-14 13G/A 6,724,114 5.52
2013-02-14 2013-02-14 13G/A 6,097,136 5.54
2012-02-14 2012-02-14 13G/A 5,321,496 5.20

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F NNN REIT COM 637417106 19,236,585 -973,250 -4.82 808,514 0.95 0.0085
2026-02-17 2025-12-31 13F NNN REIT COM 637417106 20,209,835 -611,350 -2.94 800,916 -9.64 0.0408
2025-11-13 2025-09-30 13F NNN REIT COM 637417106 20,821,185 1,491,388 7.72 886,358 6.19 0.0461
2025-08-14 2025-06-30 13F NNN REIT COM 637417106 19,329,797 2,138,270 12.44 834,661 13.84 0.0471
2025-05-12 2025-03-31 13F NNN REIT COM 637417106 17,191,527 1,320,437 8.32 733,219 13.09 0.0468
2025-02-13 2024-12-31 13F NNN REIT COM 637417106 15,871,090 2,910,402 22.46 648,334 3.16 0.0387
2024-11-13 2024-09-30 13F NNN REIT COM 637417106 12,960,688 3,896,774 42.99 628,464 62.76 0.0382
2024-08-13 2024-06-30 13F NNN REIT COM 637417106 9,063,914 -165,035 -1.79 386,123 -2.11 0.0247
2024-05-13 2024-03-31 13F NNN REIT COM 637417106 9,228,949 -589,788 -6.01 394,445 -6.79 0.0265
2024-02-13 2023-12-31 13F NNN REIT COM 637417106 9,818,737 1,185,477 13.73 423,188 38.70 0.0325
2023-11-13 2023-09-30 13F NNN REIT COM 637417106 8,633,260 -1,146,634 -11.72 305,099 -27.09 0.0264
2023-08-11 2023-06-30 13F NNN REIT COM 637417106 9,779,894 -174,383 -1.75 418,482 -4.78 0.0351
2023-08-11 2023-03-31 13F/A-1 NATIONAL RETAIL PROPERTIES I COM 637417106 9,954,277 235,989 2.43 439,481 -1.18 0.0402
2023-05-11 2023-03-31 13F NATIONAL RETAIL PROPERTIES I COM 637417106 9,954,277 235,989 439,481 0.0080
2023-02-13 2022-12-31 13F NATIONAL RETAIL PROPERTIES I COM 637417106 9,718,288 128,419 1.34 444,709 16.34 0.0442
2022-11-10 2022-09-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 9,589,869 -1,404,387 -12.77 382,253 -19.14 0.0399
2022-08-12 2022-06-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 10,994,256 -35,897 -0.33 472,753 -4.63 0.0471
2022-05-13 2022-03-31 13F NATIONAL RETAIL PROPERTIES I COM 637417106 11,030,153 499,800 4.75 495,695 -2.07 0.0396
2022-02-14 2021-12-31 13F NATIONAL RETAIL PROPERTIES I COM 637417106 10,530,353 750,777 7.68 506,193 19.84 0.0374
2022-02-14 2021-09-30 13F/A-1 NATIONAL RETAIL PROPERTIES I COM 637417106 9,779,576 -1,195,218 -10.89 422,380 -17.90 0.0335
2021-11-15 2021-09-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 9,779,576 -1,195,218 422,380 0.0335
2021-08-13 2021-06-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 10,974,794 -39,079 -0.35 514,498 6.00 0.0403
2021-05-14 2021-03-31 13F NATIONAL RETAIL PROPERTIES I COM 637417106 11,013,873 -84,071 -0.76 485,381 6.88 0.0415
2021-02-08 2020-12-31 13F NATIONAL RETAIL PROPERTIES I COM 637417106 11,097,944 2,182,774 24.48 454,128 47.61 0.0404
2020-11-13 2020-09-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 8,915,170 -1,525,096 -14.61 307,663 -16.94 0.0311
2020-08-24 2020-06-30 13F/A-1 NATIONAL RETAIL PROPERTIES I COM 637417106 10,440,266 3,004,791 40.41 370,421 54.76 0.0407
2020-08-13 2020-06-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 10,440,266 3,004,791 370,421 9,100.1600
2020-05-14 2020-03-31 13F NATIONAL RETAIL PROPERTIES I COM 637417106 7,435,475 -1,073,809 -12.62 239,347 -47.54 0.0331
2020-02-07 2019-12-31 13F NATIONAL RETAIL PPTYS COM 637417106 8,509,284 1,283,592 17.76 456,268 11.96 0.0503
2019-11-13 2019-09-30 13F NATIONAL RETAIL PPTYS COM 637417106 7,225,692 2,225,302 44.50 407,529 53.74 0.0489
2019-08-13 2019-06-30 13F NATIONAL RETAIL PPTYS COM 637417106 5,000,390 1,118,152 28.80 265,071 23.27 0.0310
2019-05-13 2019-03-31 13F NATIONAL RETAIL PPTYS COM 637417106 3,882,238 581,343 17.61 215,038 34.29 0.0258
2019-02-13 2018-12-31 13F NATIONAL RETAIL PPTYS COM 637417106 3,300,895 -546,574 -14.21 160,126 -7.14 0.0219
2018-11-09 2018-09-30 13F NATIONAL RETAIL PPTYS COM 637417106 3,847,469 -429,177 -10.04 172,442 -8.28 0.0194
2018-08-10 2018-06-30 13F NATIONAL RETAIL PPTYS COM 637417106 4,276,646 -343,859 -7.44 188,001 3.64 0.0222
2018-05-14 2018-03-31 13F NATIONAL RETAIL PPTYS COM 637417106 4,620,505 -88,733 -1.88 181,401 -10.69 0.0215
2018-02-12 2017-12-31 13F NATIONAL RETAIL PPTYS COM 637417106 4,709,238 643,346 15.82 203,110 19.91 0.0238
2017-11-13 2017-09-30 13F NATIONAL RETAIL PPTYS COM 637417106 4,065,892 913,719 28.99 169,385 37.43 0.0205
2017-08-29 2017-06-30 13F/A-1 NATIONAL RETAIL PPTYS COM 637417106 3,152,173 1,039,236 49.18 123,249 33.73 0.0153
2017-08-11 2017-06-30 13F NATIONAL RETAIL PPTYS COM 637417106 3,152,173 1,039,236 123,249
2017-05-11 2017-03-31 13F NATIONAL RETAIL PPTYS COM 637417106 2,112,937 -372,977 -15.00 92,166 -16.12 0.0117
2017-02-10 2016-12-31 13F NATIONAL RETAIL PPTYS COM 637417106 2,485,914 -1,035,418 -29.40 109,877 -38.64 0.0147
2016-11-14 2016-09-30 13F NATIONAL RETAIL PPTYS COM 637417106 3,521,332 703,870 24.98 179,059 22.88 0.0238
2016-08-11 2016-06-30 13F NATIONAL RETAIL PPTYS COM 637417106 2,817,462 92,100 3.38 145,719 15.73 0.0199
2016-05-16 2016-03-31 13F NATIONAL RETAIL PPTYS COM 637417106 2,725,362 232,767 9.34 125,912 26.13 0.0174
2016-02-12 2015-12-31 13F NATIONAL RETAIL PPTYS COM 637417106 2,492,595 27,136 1.10 99,829 11.64 0.0134
2015-11-10 2015-09-30 13F NATIONAL RETAIL PPTYS COM 637417106 2,465,459 -75,000 -2.95 89,422 0.54 0.0127
2015-08-25 2015-06-30 13F/A-1 NATIONAL RETAIL PPTYS COM 637417106 2,540,459 14,034 0.56 88,941 -14.07 0.0114
2015-08-13 2015-06-30 13F NATIONAL RETAIL PPTYS COM 637417106 2,540,459 88,941
2015-05-14 2015-03-31 13F NATIONAL RETAIL PPTYS COM 637417106 2,526,425 -281,649 -10.03 103,507 -6.37 0.0132
2015-02-17 2014-12-31 13F NATIONAL RETAIL PPTYS COM 637417106 2,808,074 -4,297,890 -60.48 110,554 -55.00 0.0144
2014-11-14 2014-09-30 13F NATIONAL RETAIL PPTYS COM 637417106 7,105,964 -584,573 -7.60 245,653 -14.11 0.0333
2014-08-14 2014-06-30 13F NATIONAL RETAIL PPTYS COM 637417106 7,690,537 457,997 6.33 286,011 15.22 0.0383
2014-05-15 2014-03-31 13F NATIONAL RETAIL PPTYS COM 637417106 7,232,540 530,200 7.91 248,220 22.11 0.0345
2014-02-13 2013-12-31 13F NATIONAL RETAIL PPTYS COM 637417106 6,702,340 1,111,346 19.88 203,281 14.26 0.0287
2013-11-14 2013-09-30 13F NATIONAL RETAIL PPTYS COM 637417106 5,590,994 -302,100 -5.13 177,905 -12.24 0.0273
2013-09-24 2013-06-30 13F/A-1 NATIONAL RETAIL PPTYS COM 637417106 5,893,094 5,893,094 202,722 0.0332
2013-08-14 2013-06-30 13F NATIONAL RETAIL PPTYS COM 637417106 5,893,094 202,722 0.0332
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.