Realty Income

O • NYSE

Realty Income is a reit - retail company in the real estate sector on NYSE, led by Sumit Roy, with a market cap of $53.5B. As of Q3 2025, 77% of shares are held by 1,285 institutional investors, with VANGUARD GROUP INC as the largest holder at 16.38%.

PresidentSumit Roy

Market Cap$53.5B

REIT - Retail

Real Estate

Employees418.0

Websiterealtyincome.com

Country

United States of America

Overview

Overview of institutional ownership in O as of Q3 2025 with a market cap of $55.6B

All Institutions

Institutions: 1,285
Value Held: $42.8B
Shares Held: 704.0M
Avg Position: $33.3M
Median Position: $803.3K

Hedge Funds

Hedge Funds: 39
Value Held: $354.9M
Shares Held: 5.8M
Avg Position: $9.1M
Median Position: $1.3M

Ownership Breakdown

Institutional (non-HF)

76.36%

$42.4B

Hedge Funds

0.639%

$354.9M

Retail & Other

23.0%

$12.8B

Based on market cap of $55.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in O as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$9.1B 0.14% of portfolio	16.38% 149.7M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$6.1B 0.11% of portfolio	10.98% 100.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$3.8B 0.13% of portfolio	6.89% 63.0M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.7B 0.11% of portfolio	3.11% 28.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
PARNASSUS INVESTMENTS /CA Long Only Manager	Benjamin Elliot Allen CEO	$1.1B 2.53% of portfolio	1.98% 18.1M shares	Q1 2024 Held for 1y 8m	$43.4B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$1.0B 0.08% of portfolio	1.85% 16.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$914.2M 0.06% of portfolio	1.64% 15.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
COHEN & STEERS INC Institution	Joseph M. Harvey CEO	$771.4M 1.41% of portfolio	1.39% 12.7M shares	Q1 2017 Held for 8y 8m	$54.7B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	Gerard Kieran O'Reilly CEO	$770.3M 0.17% of portfolio	1.39% 12.7M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$754.0M 0.05% of portfolio	1.36% 12.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T

Net Capital Flow

Institutional buying and selling activity for O in Q3 2025

Net Flow: +$295.3M
Buyers: 650
Sellers: 440
Total Bought: +$2.0B
Total Sold: −$1.7B
Avg Position: $34.1M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$409.4M +6.7M shares	$6.1B 100.4M shares
VANGUARD GROUP INC Institution	+$218.5M +3.6M shares	$9.1B 149.7M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$87.5M +1.4M shares	$1.7B 28.4M shares
UBS Group AG Institution	+$87.0M +1.4M shares	$257.6M 4.2M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$78.8M +1.3M shares	$209.4M 3.4M shares
STATE STREET CORP Institution	+$78.8M +1.3M shares	$3.8B 63.0M shares
FMR LLC Institution	+$68.5M +1.1M shares	$229.4M 3.8M shares
H HSBC HOLDINGS PLC Institution	+$61.4M +1.0M shares	$218.7M 3.6M shares
BARCLAYS PLC Institution	+$57.6M +946.8K shares	$166.7M 2.7M shares
H HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Institution	+$54.1M +890.2K shares	$127.4M 2.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$578.5M −9.5M shares	$1.8M 29.8K shares
AMERIPRISE FINANCIAL INC Institution	−$101.7M −1.7M shares	$72.1M 1.2M shares
COHEN & STEERS INC Institution	−$100.2M −1.6M shares	$771.4M 12.7M shares
CBRE CLARION SECURITIES LLC Real Assets	−$80.1M −1.3M shares	$172.4M 2.8M shares
BANK OF AMERICA CORP /DE/ Institution	−$54.3M −893.3K shares	$1.0B 16.9M shares
B BAHL & GAYNOR INC Institution	−$37.6M −618.3K shares	$72.0M 1.2M shares
A AXA Institution	−$37.5M −651.1K shares	Sold Off 0 shares
LASALLE INVESTMENT MANAGEMENT SECURITIES LP Real Assets	−$36.6M −601.8K shares	$88.2M 1.5M shares
CENTERSQUARE INVESTMENT MANAGEMENT LLC Real Assets	−$31.9M −524.4K shares	$248.1M 4.1M shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	−$31.2M −513.0K shares	$171.9M 2.8M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited O in Q3 2025

New Positions: 60
New Value: $59.2M
Exited Positions: 84
Exited Value: $130.7M

New Positions

Institution	Position Value
J. Safra Sarasin Holding AG Fund of Funds	$26.2M 430.6K shares
Allied Investment Advisors, LLC RIA/Wealth	$10.9M 178.8K shares
ROFFMAN MILLER ASSOCIATES INC /PA/ RIA/Wealth	$3.9M 63.9K shares
DMKC Advisory Services, LLC RIA/Wealth	$2.6M 42.8K shares
DIVERSIFY WEALTH MANAGEMENT, LLC RIA/Wealth	$2.3M 39.9K shares
E Econ Financial Services Corp Institution	$1.6M 25.6K shares
Blackstone Group L.P. Institution	$1.2M 20.2K shares
CHESAPEAKE CAPITAL CORP /IL/ Long Only Manager	$1.1M 18.4K shares
T TEMA ETFS LLC Institution	$878.2K 14.4K shares
LDR Capital Management LLC Hedge Fund•Sector	$818.2K 13.5K shares

Exited Positions

Institution	Previous Position
A AXA Institution	$37.5M 651.1K shares
E Employees Retirement System of Texas Institution	$25.7M 446.2K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$16.0M 277.1K shares
F FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND Institution	$10.7M 186.3K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$5.8M 101.5K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$3.7M 63.4K shares
Advisors Preferred, LLC Institution	$3.2M 56.1K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$3.0M 51.3K shares
D Delta Global Management LP Hedge Fund•Market Neutral	$2.6M 44.4K shares
Berry Wealth Group, LP RIA/Wealth	$2.4M 42.3K shares

Options Activity

Institutions with the largest Call and Put options positions in O as of Q3 2025

Call Positions: 32
Call Value: $406.5M
Put Positions: 29
Put Value: $273.5M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$93.2M 15.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$39.7M 6.5K contracts
J JANE STREET GROUP, LLC Institution	$36.7M 6.0K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$35.6M 5.9K contracts
TORONTO DOMINION BANK Institution	$29.8M 4.9K contracts
BANK OF AMERICA CORP /DE/ Institution	$29.2M 4.8K contracts
UBS Group AG Institution	$27.9M 4.6K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$21.4M 3.5K contracts
W WOLVERINE TRADING, LLC Institution	$15.8M 2.6K contracts
D D. E. Shaw & Co., Inc. Institution	$9.8M 1.6K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$92.4M 15.2K contracts
BANK OF AMERICA CORP /DE/ Institution	$32.3M 5.3K contracts
UBS Group AG Institution	$30.2M 5.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$18.9M 3.1K contracts
J JANE STREET GROUP, LLC Institution	$14.9M 2.5K contracts
W WOLVERINE TRADING, LLC Institution	$13.8M 2.3K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$10.5M 17.3 contracts
H HSBC HOLDINGS PLC Institution	$7.9M 1.3K contracts
P Portman Square Capital LLP Hedge Fund•Vol Arbitrage	$6.7M 1.1K contracts
GOLDMAN SACHS GROUP INC Institution	$6.5M 1.1K contracts

Most Committed Institutions

Institutions with O as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
NORTHWOOD LIQUID MANAGEMENT LP Hedge Fund•Sector	Stephen Lewis Millham CIO	8.69% $126.8M	0.23% 2.1M shares	Q4 2023 Held for 1y 11m	$1.5B
AEW CAPITAL MANAGEMENT L P Real Assets	Jonathan E Martin CEO	7.24% $130.0M	0.23% 2.1M shares	Q2 2022 Held for 3y 5m	$1.8B
C Community Bank of Raymore RIA/Wealth	Don Lynn Ray Managing Partner	5.99% $8.7M	0.02% 142.3K shares	Q4 2014 Held for 10y 11m	$144.5M
A Adelante Capital Management LLC Real Assets	Michael Anthony Torres CEO	4.61% $69.0M	0.12% 1.1M shares	Q3 2022 Held for 3y 2m	$1.5B
A APG Asset Management US Inc. Pension/Endowment	Matilde Segarra Van Es CEO	3.77% $510.6M	0.92% 8.4M shares	Q1 2017 Held for 8y 8m	$13.5B
LASALLE INVESTMENT MANAGEMENT SECURITIES LP Real Assets	Matthew Sgrizzi Managing Partner	3.46% $88.2M	0.16% 1.5M shares	Q4 2017 Held for 7y 11m	$2.5B
Windle Wealth, LLC RIA/Wealth	Donald Ray Windle CCO	3.43% $7.7M	0.01% 126.2K shares	Q4 2022 Held for 2y 11m	$223.5M
Green Street Investors, LLC Real Assets	Craig Arthur Leupold CEO	3.10% $5.5M	0.01% 90.1K shares	Q1 2020 Held for 5y 8m	$177.0M
Dupree Financial Group, LLC RIA/Wealth	William Martin Ambrose CFO	2.91% $7.5M	0.01% 123.4K shares	Q4 2023 Held for 1y 11m	$257.5M
Martin Capital Partners, LLC RIA/Wealth	Cameron King Martin President	2.88% $6.6M	0.01% 107.9K shares	Q1 2024 Held for 1y 8m	$227.4M

Hedge Fund Spotlight

Discover hedge funds investing in O

CHESAPEAKE ASSET MANAGEMENT LLC

Hedge Fund • Long/Short

Portfolio ManagerRyan Adam Berman

Portfolio Value: $113.1M
Positions: 293
Last Reported: Q3 2025

Sector Allocation

Position in Realty Income

Market Value: $104.9K
Shares Held: 1.7K
Portfolio Weight: 0.09%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$11.8M	10.47%
2 Apple AAPL	Consumer Electronics Technology	$7.4M	6.54%
3 Eli Lilly LLY	Drug Manufacturers - General Healthcare	$6.8M	5.98%