Net Lease Office Properties (NLOP)
New York City, MD, US
Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.09% | -9.31% | -0.84% | -40.51% | -60.30% | -54.32% | -60.94% | -39.28% | -39.28% | -39.28% | -39.28% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2025-11 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Period | # Analysts | Avg Target |
|---|---|---|
| Last Month | — | — |
| Last Quarter | — | — |
| Last Year | — | — |
| All Time | 1 |
73.00
+544.3%
|
-
Revenue growth-16.4% Q1'26: -68.0% (vs Q1'25)
-
EPS growth-58.7% Q1'26: +4,990.4% (vs Q1'25)
-
FCF margin— Q1'26: +79.9% (vs Q1'25)
-
EBIT margin— Q1'26: +271.9% (vs Q1'25)
-
ROIC— Q1'26: +98.4% (vs Q1'25)
-
Share dilution+0.2% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA-0.24× Q1'26: 0.00× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2024 actual |
Dec 2025 actual |
|---|---|---|
| Revenue |
142.25M
est: 141.40M (+0.6%)
|
118.92M
est: 107.10M (+11.0%)
|
| EBITDA |
53.13M
est: 24.71M (+115.0%)
|
-93.46M
est: 18.71M (-599.4%)
|
| EBIT |
-25.81M
est: -33.88M (+23.8%)
|
-132.27M
est: -25.66M (-415.4%)
|
| Net Income |
-91.47M
est: 39.11M (-333.9%)
|
-145.26M
|
| SGA |
7.52M
est: 12.01M (-37.4%)
|
7.31M
est: 9.10M (-19.6%)
|
| EPS |
-6.18
est: 2.64 (-334.1%)
|
-9.81
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-06 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-05 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-04 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-01 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-30 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-29 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-28 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-27 | B- | 2/5 | 5/5 | 1/5 | 1/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-24 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-23 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-22 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-21 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-20 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-17 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-16 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 2/5 | 1/5 | 3/5 |
Owner Earnings
Ownership Overview
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group - 23-1945930 | 1.47M | 10.08% | — | 16.1K | 1.44M | 33.8K | IA | Pennsylvania | 2023-12-08 | ↗ |
| 2 | (1) BlackRock, Inc. | 1.23M | 8.30% | 1.21M | — | — | 1.21M | HC | Delaware | 2024-11-08 | ↗ |
| 3 | John Khoury | 1.09M | 7.40% | — | 1.09M | — | — | HC, IN | Canadian Citizen | 2024-02-13 | ↗ |
| 4 | Long Pond Capital GP, LLC | 1.09M | 7.40% | — | 1.09M | — | — | HC, OO | Delaware | 2024-02-13 | ↗ |
| 5 | Long Pond Capital, LP | 1.09M | 7.40% | — | 1.09M | — | — | IA, PN | Delaware | 2024-02-13 | ↗ |
| 6 | Morgan Stanley | 759.0K | 5.20% | 13.00 | 729.6K | — | 13.00 | HC, CO | — | 2024-02-08 | ↗ |
| 7 | Long Pond U.S. Master, LP | 749.8K | 5.10% | — | 749.8K | — | — | PN | Delaware | 2024-02-13 | ↗ |
Institutional Activity (13F)
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | VANGUARD GROUP INC | 1.61M +3.2K (+0.2%) | 41.47M -6.1M (-12.9%) | 10.85% +0.021 pp | 0.00% 0.000 pp | USD19.47 +32.5% | 9 qtrs — |
| 2 | BLACKROCK, INC. | 1.37M +13.4K (+1.0%) | 35.45M -4.9M (-12.2%) | 9.28% +0.090 pp | 0.00% 0.000 pp | USD30.61 -15.7% | 6 qtrs — |
| 3 | ASSET VALUE INVESTORS LTD | 762.3K -5.8K (-0.8%) | 19.66M -3.1M (-13.7%) | 5.15% -0.039 pp | 16.79% +0.230 pp | USD31.26 -17.5% | 5 qtrs — |
| 4 | THOMPSON SIEGEL & WALMSLEY LLC | 525.0K +243.6K (+86.6%) | 13.54M +5.2M (+62.2%) | 3.54% +1.644 pp | 0.23% +0.092 pp | USD28.69 -10.1% | 5 qtrs — |
| 5 | J. GOLDMAN & CO LP | 516.0K -85.1K (-14.2%) | 13.31M -4.5M (-25.4%) | 3.48% -0.575 pp | 0.35% -0.098 pp | USD20.75 +24.3% | 9 qtrs — |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 425.1K +7.6K (+1.8%) | 10.97M -1.4M (-11.5%) | 2.87% +0.052 pp | 0.00% 0.000 pp | USD21.98 +17.3% | 9 qtrs — |
| 7 | STATE STREET CORP | 415.0K +3.2K (+0.8%) | 10.70M -1.5M (-12.4%) | 2.80% +0.021 pp | 0.00% 0.000 pp | USD20.69 +24.6% | 9 qtrs — |
| 8 | DIMENSIONAL FUND ADVISORS LP | 194.8K +741.0 (+0.4%) | 5.02M -731.7K (-12.7%) | 1.31% +0.005 pp | 0.00% 0.000 pp | USD19.23 +34.1% | 9 qtrs — |
| 9 | MILLENNIUM MANAGEMENT LLC | 163.7K +126.3K (+337.6%) | 4.22M +3.1M (+280.5%) | 1.10% +0.852 pp | 0.00% +0.001 pp | USD26.67 -3.3% | 8 qtrs — |
| 10 | K2 PRINCIPAL FUND, L.P. | 154.5K +9.7K (+6.7%) | 3.98M -310.2K (-7.2%) | 1.04% +0.066 pp | 0.32% -0.028 pp | USD24.91 +3.5% | 8 qtrs — |
| 11 | NORTHERN TRUST CORP | 107.1K -8.5K (-7.3%) | 2.76M -665.5K (-19.4%) | 0.72% -0.057 pp | 0.00% 0.000 pp | USD25.18 +2.4% | 9 qtrs — |
| 12 | MORGAN STANLEY | 106.5K +1.1K (+1.1%) | 2.75M -379.3K (-12.1%) | 0.72% +0.008 pp | 0.00% +0.000 pp | USD19.44 +32.7% | 9 qtrs — |
| 13 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 101.7K -10.3K (-9.2%) | 2.62M -698.6K (-21.0%) | 0.69% -0.069 pp | 0.00% -0.001 pp | USD30.76 -16.2% | 8 qtrs — |
| 14 | VELA INVESTMENT MANAGEMENT, LLC | 94.3K +22.0K (+30.4%) | 2.43M +287.2K (+13.4%) | 0.64% +0.148 pp | 0.57% +0.049 pp | USD29.79 -13.4% | 4 qtrs — |
| 15 | GRAHAM CAPITAL WEALTH MANAGEMENT, LLC | 84.8K +24.9K (+41.6%) | 2.19M +410.3K (+23.1%) | 0.57% +0.168 pp | 2.01% +0.200 pp | USD30.57 -15.6% | 3 qtrs — |
| 16 | DRW SECURITIES, LLC | 79.8K -21.0K (-20.9%) | 2.06M -879.3K (-29.9%) | 0.54% -0.142 pp | 0.05% +0.001 pp | USD31.07 -17.0% | 6 qtrs — |
| 17 | GABELLI & CO INVESTMENT ADVISERS, INC. | 77.6K -35.6K (-31.5%) | 2.00M -1.4M (-40.4%) | 0.52% -0.240 pp | 0.30% -0.238 pp | USD26.67 -3.3% | 8 qtrs — |
| 18 | TWO SIGMA INVESTMENTS, LP | 70.1K -32.2K (-31.4%) | 1.81M -1.2M (-40.4%) | 0.47% -0.217 pp | 0.00% -0.002 pp | USD29.66 -13.0% | 7 qtrs — |
| 19 | RANGELEY CAPITAL, LLC | 68.5K -1.5K (-2.2%) | 1.77M -310.1K (-14.9%) | 0.46% -0.010 pp | 1.47% -0.330 pp | USD31.21 -17.4% | 5 qtrs — |
| 20 | — | 68.0K +68.0K (+100.0%) | 1.75M +1.8M (+100.0%) | 0.46% +0.459 pp | 0.85% +0.851 pp | USD25.79 +0.0% | 1 qtrs NEW |
| 21 | RAYMOND JAMES FINANCIAL INC | 58.3K +1.7K (+3.0%) | 1.50M -175.0K (-10.4%) | 0.39% +0.012 pp | 0.00% 0.000 pp | USD29.76 -13.3% | 5 qtrs — |
| 22 | MAN GROUP PLC | 57.9K +34.2K (+143.8%) | 1.49M +789.0K (+112.0%) | 0.39% +0.231 pp | 0.00% +0.001 pp | USD26.59 -3.0% | 8 qtrs — |
| 23 | BANK OF NEW YORK MELLON CORP | 56.3K +13.0 (+0.0%) | 1.45M -217.6K (-13.0%) | 0.38% +0.000 pp | 0.00% 0.000 pp | USD22.66 +13.8% | 9 qtrs — |
| 24 | MAREX GROUP PLC | 50.8K +7.2K (+16.4%) | 1.31M +16.0K (+1.2%) | 0.34% +0.048 pp | 0.01% -0.001 pp | USD30.89 -16.5% | 3 qtrs — |
| 25 | MARTINGALE ASSET MANAGEMENT L P | 50.6K +389.0 (+0.8%) | 1.30M -184.2K (-12.4%) | 0.34% +0.003 pp | 0.03% -0.004 pp | USD31.57 -18.3% | 5 qtrs — |
| 26 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 44.0K +8.0 (+0.0%) | 1.13M -169.9K (-13.0%) | 0.30% +0.000 pp | 0.00% +0.000 pp | USD21.05 +22.5% | 9 qtrs — |
| 27 | GOLDMAN SACHS GROUP INC | 43.5K -14.3K (-24.8%) | 1.12M -593.0K (-34.6%) | 0.29% -0.097 pp | 0.00% 0.000 pp | USD27.89 -7.5% | 9 qtrs — |
| 28 | RENAISSANCE TECHNOLOGIES LLC | 41.2K -66.3K (-61.7%) | 1.06M -2.1M (-66.7%) | 0.28% -0.448 pp | 0.00% -0.003 pp | USD29.65 -13.0% | 9 qtrs — |
| 29 | MEEDER ASSET MANAGEMENT INC | 38.3K +2.7K (+7.5%) | 989.0K -69.3K (-6.5%) | 0.26% +0.018 pp | 0.05% -0.007 pp | USD30.77 -16.2% | 4 qtrs — |
| 30 | PRICE T ROWE ASSOCIATES INC /MD/ | 37.7K +12.7K (+51.1%) | 972.0K +233.0K (+31.5%) | 0.25% +0.086 pp | 0.00% +0.000 pp | USD22.23 +16.0% | 9 qtrs — |
| 31 | LPL FINANCIAL LLC | 34.7K +291.0 (+0.8%) | 893.7K -125.5K (-12.3%) | 0.23% +0.002 pp | 0.00% 0.000 pp | USD21.35 +20.8% | 9 qtrs — |
| 32 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 32.4K -38.6K (-54.4%) | 835.6K -1.3M (-60.3%) | 0.22% -0.261 pp | 0.00% 0.000 pp | USD29.66 -13.0% | 7 qtrs — |
| 33 | JBF CAPITAL, INC. | 32.2K +— (+0.0%) | 831.2K -124.7K (-13.0%) | 0.22% +0.000 pp | 0.12% -0.016 pp | USD20.47 +26.0% | 9 qtrs — |
| 34 | NUVEEN, LLC | 31.6K +— (+0.0%) | 814.8K -122.3K (-13.0%) | 0.21% +0.000 pp | 0.00% +0.000 pp | USD31.38 -17.8% | 4 qtrs — |
| 35 | KORNITZER CAPITAL MANAGEMENT INC /KS | 31.4K +— (+0.0%) | 810.6K -121.6K (-13.0%) | 0.21% +0.000 pp | 0.02% -0.002 pp | USD23.34 +10.5% | 8 qtrs — |
| 36 | COMMONWEALTH EQUITY SERVICES, LLC | 29.5K -2.6K (-8.0%) | 761.7K -190.3K (-20.0%) | 0.20% -0.017 pp | 0.00% 0.000 pp | USD23.34 +10.5% | 8 qtrs — |
| 37 | FMR LLC | 28.1K -1.1K (-3.7%) | 725.0K -141.1K (-16.3%) | 0.19% -0.007 pp | 0.00% +0.000 pp | USD18.63 +38.4% | 9 qtrs — |
| 38 | CORONATION FUND MANAGERS LTD. | 25.3K +10.1K (+66.3%) | 651.5K +200.9K (+44.6%) | 0.17% +0.068 pp | 0.03% +0.006 pp | USD29.15 -11.5% | 4 qtrs — |
| 39 | INVESCO LTD. | 25.0K +3.2K (+14.8%) | 644.9K -971.0 (-0.2%) | 0.17% +0.022 pp | 0.00% +0.000 pp | USD30.61 -15.7% | 9 qtrs — |
| 40 | STATE OF WISCONSIN INVESTMENT BOARD | 24.2K +13.9K (+133.9%) | 624.4K +317.4K (+103.4%) | 0.16% +0.094 pp | 0.00% +0.001 pp | USD27.44 -6.0% | 2 qtrs — |
| 41 | QUBE RESEARCH & TECHNOLOGIES LTD | 23.7K -4.9K (-17.0%) | 612.1K -236.1K (-27.8%) | 0.16% -0.033 pp | 0.00% 0.000 pp | USD29.66 -13.0% | 2 qtrs — |
| 42 | BARCLAYS PLC | 23.6K +3.6K (+18.3%) | 607.9K -2.2K (-0.4%) | 0.16% +0.025 pp | 0.00% +0.000 pp | USD28.30 -8.9% | 9 qtrs — |
| 43 | NOMURA ASSET MANAGEMENT CO LTD | 23.1K +2.0K (+9.5%) | 596.8K -30.2K (-4.8%) | 0.16% +0.014 pp | 0.00% 0.000 pp | USD21.18 +21.8% | 9 qtrs — |
| 44 | BROWN ADVISORY INC | 22.8K -52.0 (-0.2%) | 588.0K -89.8K (-13.2%) | 0.15% 0.000 pp | 0.00% 0.000 pp | USD18.48 +39.6% | 9 qtrs — |
| 45 | LOS ANGELES CAPITAL MANAGEMENT LLC | 19.7K +12.8K (+183.9%) | 572.0K +366.3K (+178.1%) | 0.13% +0.086 pp | 0.00% +0.001 pp | USD27.15 -5.0% | 2 qtrs — |
| 46 | RHUMBLINE ADVISERS | 21.5K -3.2K (-13.0%) | 553.9K -178.7K (-24.4%) | 0.15% -0.022 pp | 0.00% 0.000 pp | USD21.83 +18.1% | 9 qtrs — |
| 47 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 20.8K -560.0 (-2.6%) | 535.7K -97.0K (-15.3%) | 0.14% -0.004 pp | 0.00% 0.000 pp | USD18.87 +36.7% | 9 qtrs — |
| 48 | JPMORGAN CHASE & CO | 20.7K +2.4K (+13.2%) | 533.7K -8.3K (-1.5%) | 0.14% +0.016 pp | 0.00% +0.000 pp | USD26.66 -3.3% | 9 qtrs — |
| 49 | BANK OF AMERICA CORP /DE/ | 20.7K +8.4K (+68.7%) | 532.8K +169.5K (+46.7%) | 0.14% +0.057 pp | 0.00% +0.000 pp | USD23.87 +8.0% | 9 qtrs — |
| 50 | ASSET MANAGEMENT ONE CO., LTD. | 20.1K +— (+0.0%) | 515.7K -79.5K (-13.4%) | 0.14% +0.000 pp | 0.00% 0.000 pp | USD18.53 +39.2% | 9 qtrs — |
| 51 | WELLS FARGO & COMPANY/MN | 19.8K +5.5K (+38.6%) | 510.2K +86.8K (+20.5%) | 0.13% +0.037 pp | 0.00% +0.000 pp | USD25.27 +2.1% | 9 qtrs — |
| 52 | CORSAIR CAPITAL MANAGEMENT, L.P. | 19.3K -10.0K (-34.1%) | 498.2K -371.3K (-42.7%) | 0.13% -0.068 pp | 0.08% -0.066 pp | USD24.00 +7.5% | 9 qtrs — |
| 53 | QUANTBOT TECHNOLOGIES LP | 17.9K +13.0K (+260.6%) | 462.8K +315.2K (+213.5%) | 0.12% +0.088 pp | 0.02% +0.011 pp | USD26.55 -2.9% | 8 qtrs — |
| 54 | MARINER, LLC | 17.2K -17.1K (-49.8%) | 444.0K -573.7K (-56.4%) | 0.12% -0.115 pp | 0.00% -0.001 pp | USD30.06 -14.2% | 7 qtrs — |
| 55 | UBS GROUP AG | 15.7K -60.8K (-79.5%) | 405.7K -1.9M (-82.1%) | 0.11% -0.411 pp | 0.00% 0.000 pp | USD29.20 -11.7% | 9 qtrs — |
| 56 | CITADEL ADVISORS LLC | 15.7K -63.9K (-80.3%) | 404.0K -2.0M (-82.9%) | 0.11% -0.432 pp | 0.00% 0.000 pp | USD29.15 -11.5% | 8 qtrs — |
| 57 | CITIGROUP INC | 15.6K +4.5K (+40.2%) | 402.9K +72.4K (+21.9%) | 0.11% +0.030 pp | 0.00% +0.000 pp | USD24.83 +3.9% | 9 qtrs — |
| 58 | SUMITOMO MITSUI TRUST HOLDINGS, INC. | 15.1K -192.0 (-1.3%) | 388.3K -64.0K (-14.1%) | 0.10% -0.001 pp | 0.00% +0.000 pp | USD18.61 +38.6% | 9 qtrs — |
| 59 | FULCRUM ASSET MANAGEMENT LLP | 6.3K +6.3K (+100.0%) | 385.7K +385.7K (+100.0%) | 0.04% +0.043 pp | 0.07% +0.072 pp | USD25.79 +0.0% | 1 qtrs NEW |
| 60 | AQR CAPITAL MANAGEMENT LLC | 14.7K +5.1K (+52.7%) | 378.8K +93.5K (+32.8%) | 0.10% +0.034 pp | 0.00% +0.000 pp | USD25.26 +2.1% | 9 qtrs — |
| 61 | ALLIANCEBERNSTEIN L.P. | 14.7K +909.0 (+6.6%) | 378.0K -29.8K (-7.3%) | 0.10% +0.006 pp | 0.00% +0.000 pp | USD23.37 +10.4% | 9 qtrs — |
| 62 | JACOBS LEVY EQUITY MANAGEMENT, INC | 13.9K +— (+0.0%) | 357.6K -53.7K (-13.0%) | 0.09% +0.000 pp | 0.00% 0.000 pp | USD29.66 -13.0% | 2 qtrs — |
| 63 | JANE STREET GROUP, LLC | 12.4K -19.0K (-60.5%) | 321.1K -612.9K (-65.6%) | 0.08% -0.129 pp | 0.00% 0.000 pp | USD30.33 -15.0% | 9 qtrs — |
| 64 | VERDENCE CAPITAL ADVISORS LLC | 12.2K +— (+0.0%) | 315.3K -41.3K (-11.6%) | 0.08% +0.000 pp | 0.02% -0.002 pp | USD30.62 -15.8% | 6 qtrs — |
| 65 | DEUTSCHE BANK AG\ | 12.0K +754.0 (+6.7%) | 309.0K -24.0K (-7.2%) | 0.08% +0.005 pp | 0.00% +0.000 pp | USD28.20 -8.5% | 9 qtrs — |
| 66 | NISA INVESTMENT ADVISORS, LLC | 10.6K +8.5K (+425.8%) | 272.2K +212.6K (+357.2%) | 0.07% +0.058 pp | 0.00% +0.001 pp | USD24.41 +5.7% | 9 qtrs — |
| 67 | TWO SIGMA ADVISERS, LP | 9.9K -4.3K (-30.5%) | 255.7K -167.2K (-39.5%) | 0.07% -0.029 pp | 0.00% 0.000 pp | USD31.62 -18.4% | 6 qtrs — |
| 68 | WEALTHCARE ADVISORY PARTNERS LLC | 9.6K -238.0 (-2.4%) | 248.4K -44.3K (-15.1%) | 0.07% -0.002 pp | 0.00% -0.001 pp | USD25.94 -0.6% | 7 qtrs — |
| 69 | STATE OF ALASKA, DEPARTMENT OF REVENUE | 9.3K +1.3K (+16.9%) | 238.0K +4.0K (+1.7%) | 0.06% +0.009 pp | 0.00% +0.000 pp | USD20.78 +24.1% | 9 qtrs — |
| 70 | BOOTHBAY FUND MANAGEMENT, LLC | 9.1K -3.7K (-28.6%) | 235.4K -143.9K (-37.9%) | 0.06% -0.025 pp | 0.00% -0.002 pp | USD29.66 -13.0% | 2 qtrs — |
| 71 | METLIFE INVESTMENT MANAGEMENT, LLC | 9.1K -2.0 (0.0%) | 234.7K -35.3K (-13.1%) | 0.06% +0.000 pp | 0.00% 0.000 pp | USD27.55 -6.4% | 9 qtrs — |
| 72 | CANADA PENSION PLAN INVESTMENT BOARD | 9.0K +9.0K (+100.0%) | 232.1K +232.1K (+100.0%) | 0.06% +0.061 pp | 0.00% +0.000 pp | USD25.79 +0.0% | 1 qtrs NEW |
| 73 | INTECH INVESTMENT MANAGEMENT LLC | 8.8K +— (+0.0%) | 227.0K -34.1K (-13.0%) | 0.06% +0.000 pp | 0.00% 0.000 pp | USD31.41 -17.9% | 5 qtrs — |
| 74 | MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. | 10.7K +— (+0.0%) | 222.3K -94.2K (-29.8%) | 0.07% +0.000 pp | 0.00% 0.000 pp | USD20.44 +26.2% | 9 qtrs — |
| 75 | ENGINEERS GATE MANAGER LP | 8.3K -203.0 (-2.4%) | 214.7K -38.2K (-15.1%) | 0.06% -0.001 pp | 0.00% 0.000 pp | USD31.32 -17.7% | 6 qtrs — |
| 76 | QUANTINNO CAPITAL MANAGEMENT LP | 8.1K -452.0 (-5.3%) | 209.5K -44.9K (-17.6%) | 0.05% -0.003 pp | 0.00% 0.000 pp | USD29.66 -13.0% | 2 qtrs — |
| 77 | KESTRA ADVISORY SERVICES, LLC | 8.0K +447.0 (+5.9%) | 207.5K -17.9K (-7.9%) | 0.05% +0.003 pp | 0.00% 0.000 pp | USD29.44 -12.4% | 2 qtrs — |
| 78 | MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 6.9K -54.0 (-0.8%) | 178.5K -28.4K (-13.7%) | 0.05% 0.000 pp | 0.00% 0.000 pp | USD30.67 -15.9% | 6 qtrs — |
| 79 | RESONA ASSET MANAGEMENT CO.,LTD. | 6.3K -53.0 (-0.8%) | 163.2K -24.7K (-13.1%) | 0.04% 0.000 pp | 0.00% 0.000 pp | USD24.76 +4.2% | 8 qtrs — |
| 80 | NEW YORK STATE COMMON RETIREMENT FUND | 6.2K +— (+0.0%) | 159.4K -23.9K (-13.0%) | 0.04% +0.000 pp | 0.00% +0.000 pp | USD21.24 +21.4% | 9 qtrs — |
| 81 | BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. | 6.0K +6.0K (+100.0%) | 153.0K +153.0K (+100.0%) | 0.04% +0.040 pp | 0.00% +0.000 pp | USD25.79 +0.0% | 1 qtrs NEW |
| 82 | DAIWA SECURITIES GROUP INC. | 5.6K +253.0 (+4.7%) | 145.0K -14.0K (-8.8%) | 0.04% +0.002 pp | 0.00% 0.000 pp | USD20.91 +23.3% | 9 qtrs — |
| 83 | FNY INVESTMENT ADVISERS, LLC | 5.0K +3.5K (+233.3%) | 128.0K +84.0K (+190.9%) | 0.03% +0.024 pp | 0.04% +0.022 pp | USD26.95 -4.3% | 2 qtrs — |
| 84 | ADVISOR GROUP HOLDINGS, INC. | 4.7K -529.0 (-10.1%) | 121.2K -33.1K (-21.4%) | 0.03% -0.004 pp | 0.00% +0.000 pp | USD20.72 +24.5% | 9 qtrs — |
| 85 | POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY | 4.4K -26.0 (-0.6%) | 114.4K -17.9K (-13.6%) | 0.03% 0.000 pp | 0.00% 0.000 pp | USD30.97 -16.7% | 5 qtrs — |
| 86 | MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. | 4.6K -1.6K (-25.9%) | 94.9K -88.6K (-48.3%) | 0.03% -0.011 pp | 0.00% 0.000 pp | USD27.34 -5.7% | 7 qtrs — |
| 87 | BNP PARIBAS ARBITRAGE, SNC | 3.5K +591.0 (+20.5%) | 89.7K +4.1K (+4.8%) | 0.02% +0.004 pp | 0.00% +0.000 pp | USD27.91 -7.6% | 8 qtrs — |
| 88 | SANDIA INVESTMENT MANAGEMENT LP | 3.3K +3.3K (+100.0%) | 86.1K +86.1K (+100.0%) | 0.02% +0.023 pp | 0.21% +0.215 pp | USD25.79 +0.0% | 1 qtrs NEW |
| 89 | RUSSELL INVESTMENTS GROUP, LTD. | 3.3K -62.0K (-94.9%) | 85.1K -1.9M (-95.6%) | 0.02% -0.419 pp | 0.00% -0.002 pp | USD30.88 -16.5% | 9 qtrs — |
| 90 | STRS OHIO | 2.8K +— (+0.0%) | 72.2K -10.8K (-13.0%) | 0.02% +0.000 pp | 0.00% +0.000 pp | USD31.38 -17.8% | 7 qtrs — |
| 91 | ALLWORTH FINANCIAL LP | 2.8K +384.0 (+16.0%) | 71.9K +573.0 (+0.8%) | 0.02% +0.003 pp | 0.00% +0.000 pp | USD21.75 +18.6% | 9 qtrs — |
| 92 | ROYAL BANK OF CANADA | 2.5K -4.7K (-65.2%) | 65.0K -149.0K (-69.6%) | 0.02% -0.032 pp | 0.00% +0.000 pp | USD24.65 +4.6% | 9 qtrs — |
| 93 | SPIRIT OF AMERICA MANAGEMENT CORP/NY | 1.9K +— (+0.0%) | 48.3K -7.2K (-13.0%) | 0.01% +0.000 pp | 0.01% -0.001 pp | USD18.55 +39.0% | 9 qtrs — |
| 94 | GENEOS WEALTH MANAGEMENT INC. | 1.8K -982.0 (-35.4%) | 46.3K -36.1K (-43.8%) | 0.01% -0.007 pp | 0.00% -0.001 pp | USD32.41 -20.4% | 5 qtrs — |
| 95 | QUEST PARTNERS LLC | 1.6K +556.0 (+54.2%) | 40.8K +10.4K (+34.1%) | 0.01% +0.004 pp | 0.00% +0.000 pp | USD30.17 -14.5% | 3 qtrs — |
| 96 | AMERITAS INVESTMENT PARTNERS, INC. | 1.5K +— (+0.0%) | 37.5K -5.6K (-13.0%) | 0.01% +0.000 pp | 0.00% 0.000 pp | USD24.39 +5.7% | 7 qtrs — |
| 97 | LEGAL & GENERAL GROUP PLC | 1.4K +— (+0.0%) | 34.9K -5.2K (-13.0%) | 0.01% +0.000 pp | 0.00% +0.000 pp | USD19.24 +34.0% | 9 qtrs — |
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Cambria Global Real Estate ETF BLDG | 0.93% | 616.1K | 0.59% |
| 2 | iShares Micro-Cap ETF IWC | 0.04% | 563.5K | 0.60% |
| 3 | Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF GSSC | 0.02% | 249.6K | 0.20% |
| 4 | Franklin U.S. Small Cap Multifactor Index ETF FLQS | 0.02% | 10.1K | 0.35% |
| 5 | State Street SPDR Dow Jones REIT ETF RWR | 0.02% | 277.6K | 0.25% |
| 6 | iShares Core U.S. REIT ETF USRT | 0.01% | 628.7K | 0.08% |
| 7 | First Trust S&P REIT Index Fund FRI | 0.01% | 22.7K | 0.51% |
| 8 | iShares Russell 2000 Value ETF IWN | 0.01% | 1.68M | 0.24% |
| 9 | Vanguard Russell 2000 Value ETF VTWV | 0.01% | 143.0K | 0.06% |
| 10 | State Street SPDR Dow Jones Global Real Estate ETF RWO | 0.01% | 127.7K | 0.50% |
Insider Activity
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-09-24 | PINOLA RICHARD J | Director | P-Purchase | A | Common Stock | 1,012 | 29.49 | 29.8K | 13,221 | D | ↗ |
| 2024-11-02 | PINOLA RICHARD J | Director | M-Exempt | A | Common Stock | 136 | 0.00 | — | 12,164 | D | ↗ |
| 2024-11-02 | Hoysradt Jean | Director | M-Exempt | A | Common Stock | 136 | 0.00 | — | 11,032 | D | ↗ |
| 2024-11-02 | Hansing Axel K.A. | Director | M-Exempt | A | Common Stock | 136 | 0.00 | — | 10,817 | D | ↗ |
| 2024-01-19 | Sanzone ToniAnn | Officer | J-Other | A | Common Stock | 42 | 0.00 | — | 4,212 | — | ↗ |
| 2024-01-19 | PINOLA RICHARD J | Director | J-Other | A | Common Stock | 5 | 0.00 | — | 9,962 | — | ↗ |
| 2024-01-19 | PARK JOHN J | Director | J-Other | A | Common Stock | 456 | 0.00 | — | 32,439 | — | ↗ |
| 2024-01-19 | Hoysradt Jean | Director | J-Other | A | Common Stock | 18 | 0.00 | — | 10,896 | — | ↗ |
| 2024-01-19 | Hansing Axel K.A. | Director | J-Other | A | Common Stock | 15 | 0.00 | — | 10,681 | — | ↗ |
| 2024-01-19 | Fox Jason E. | Director / Officer | J-Other | A | Common Stock | 508 | 0.00 | — | 36,147 | — | ↗ |
| 2023-11-02 | PINOLA RICHARD J | Director | A-Award | A | COMMON SHARES | 9,551 | 0.00 | — | 9,957 | — | ↗ |
| 2023-11-02 | Hoysradt Jean | Director | A-Award | A | COMMON SHARES | 9,551 | 0.00 | — | 10,878 | — | ↗ |
| 2023-11-02 | Hansing Axel K.A. | Director | A-Award | A | COMMON SHARES | 9,551 | 0.00 | — | 10,666 | — | ↗ |
| 2023-11-01 | Sanzone ToniAnn | Officer | A-Award | A | COMMON SHARES | 4,170 | 0.00 | — | 4,170 | — | ↗ |
| 2023-11-01 | PINOLA RICHARD J | Director | — | D | COMMON SHARES | 0 | 0.00 | — | 406 | — | ↗ |
| 2023-11-01 | PARK JOHN J | Director | A-Award | A | COMMON SHARES | 39,118 | 0.00 | — | 39,118 | — | ↗ |
| 2023-11-01 | Hoysradt Jean | Director | — | D | COMMON SHARES | 0 | 0.00 | — | 1,327 | — | ↗ |
| 2023-11-01 | Hansing Axel K.A. | Director | — | D | COMMON SHARES | 0 | 0.00 | — | 1,115 | — | ↗ |
| 2023-11-01 | Fox Jason E. | Director / Officer | F-InKind | D | COMMON SHARES | 13,234 | 10.47 | 138.6K | 35,639 | — | ↗ |
| 2023-10-06 | Sanzone ToniAnn | Officer | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2023-10-06 | PARK JOHN J | Director | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2023-10-06 | Fox Jason E. | Officer | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Brian H. Zander | Chief Accounting Officer | — | male |
| Jason Fox | Chairman, Trustee & Chief Executive Officer | — | male |
| Susan C. Hyde | Chief Administrative Officer & Corporate Secretary | — | female |
| Toni Ann Sanzone | Chief Financial Officer | — | female |
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for NLOP
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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