VICI Properties Inc.

VICI • NYSE

VICI Properties Inc. is a reit - diversified company in the real estate sector on NYSE, led by Monica Howard Douglas, with a market cap of $30.6B. As of Q3 2025, 97% of shares are held by 917 institutional investors, with VANGUARD GROUP INC as the largest holder at 14.7%.

CEOMonica Howard Douglas

Market Cap$30.6B

REIT - Diversified

Real Estate

Employees28.0

Websiteviciproperties.com

Country

United States of America

Overview

Overview of institutional ownership in VICI as of Q3 2025 with a market cap of $34.8B

All Institutions

Institutions: 917
Value Held: $33.8B
Shares Held: 1.04B
Avg Position: $36.9M
Median Position: $1.1M

Hedge Funds

Hedge Funds: 52
Value Held: $575.3M
Shares Held: 17.6M
Avg Position: $11.1M
Median Position: $3.2M

Ownership Breakdown

Institutional (non-HF)

95.6%

$33.2B

Hedge Funds

1.65%

$575.3M

Retail & Other

2.75%

$955.1M

Based on market cap of $34.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VICI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$5.1B 0.08% of portfolio	14.70% 156.8M shares	Q1 2018 Held for 7y 8m	$6.69T
B BlackRock, Inc. Institution	-	$3.8B 0.07% of portfolio	10.79% 115.1M shares	Q1 2018 Held for 7y 8m	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.1B 0.07% of portfolio	5.86% 62.5M shares	Q1 2018 Held for 7y 8m	$2.88T
Capital Research Global Investors RIA/Wealth	Maria Alejandra Herrera CIO	$1.7B 0.31% of portfolio	4.82% 51.4M shares	Q3 2019 Held for 6y 2m	$532.36B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.2B 0.07% of portfolio	3.30% 35.2M shares	Q1 2018 Held for 7y 8m	$1.57T
A Allianz Asset Management AG Institution	-	$912.6M 1.13% of portfolio	2.62% 28.0M shares	Q1 2018 Held for 7y 8m	$80.9B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$853.1M 0.06% of portfolio	2.45% 26.2M shares	Q1 2018 Held for 7y 8m	$1.33T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$763.4M 0.05% of portfolio	2.20% 23.4M shares	Q1 2018 Held for 7y 8m	$1.56T
PRINCIPAL FINANCIAL GROUP INC Institution	Deanna Strable CEO	$704.0M 0.36% of portfolio	2.02% 21.6M shares	Q1 2018 Held for 7y 8m	$197.71B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$663.7M 0.07% of portfolio	1.91% 20.4M shares	Q4 2018 Held for 6y 11m	$912.31B

Net Capital Flow

Institutional buying and selling activity for VICI in Q3 2025

Traded: −$66.9M
Buyers: 534
Sellers: 328
Total Bought: +$2.7B
Total Sold: −$2.8B
Avg Position: $35.0M

Biggest Buyers

Institution	Net Bought	Current Position
UBS Group AG Institution	+$157.0M +4.8M shares	$314.9M 9.7M shares
S Swedbank AB Institution	+$152.5M +4.7M shares	$159.0M 4.9M shares
BANK OF AMERICA CORP /DE/ Institution	+$129.4M +4.0M shares	$853.1M 26.2M shares
GOLDMAN SACHS GROUP INC Institution	+$104.5M +3.2M shares	$291.5M 8.9M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$104.1M +3.2M shares	$663.7M 20.4M shares
A Allianz Asset Management AG Institution	+$95.8M +2.9M shares	$912.6M 28.0M shares
STATE STREET CORP Institution	+$94.0M +2.8M shares	$2.1B 62.5M shares
NORTHERN TRUST CORP Institution	+$86.6M +2.7M shares	$533.1M 16.3M shares
H HSBC HOLDINGS PLC Institution	+$78.9M +2.4M shares	$254.6M 7.8M shares
M Man Group plc Institution	+$74.9M +2.3M shares	$185.4M 5.7M shares

Biggest Sellers

Institution	Net Sold	Current Position
C Capital International Investors Institution	−$1.4B −42.1M shares	$612.2M 18.8M shares
C Capital World Investors Institution	−$609.2M −18.7M shares	$260.1M 8.0M shares
COHEN & STEERS INC Institution	−$106.4M −3.3M shares	$567.2M 17.4M shares
Capital Research Global Investors RIA/Wealth	−$71.4M −2.2M shares	$1.7B 51.4M shares
N Nuveen, LLC Institution	−$39.8M −1.2M shares	$270.9M 8.3M shares
B BNP Paribas Investment Partners S.A. Institution	−$32.2M −987.2K shares	$14.7M 451.6K shares
PRUDENTIAL FINANCIAL INC Institution	−$28.4M −869.8K shares	$27.3M 838.2K shares
PRINCIPAL FINANCIAL GROUP INC Institution	−$27.5M −844.4K shares	$704.0M 21.6M shares
Timbercreek Asset Management Ltd. Real Assets	−$25.3M −766.9K shares	Sold Off 0 shares
B BlackRock, Inc. Institution	−$24.7M −758.8K shares	$3.8B 115.1M shares

Entry and Exit Activity

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

New Positions: 57
New Value: $31.6M
Exited Positions: 50
Exited Value: $97.7M

New Positions

Institution	Position Value
C CSM Advisors, LLC Institution	$14.2M 435.8K shares
Morningstar Investment Management LLC Long Only Manager	$1.9M 57.9K shares
MAINSTAY CAPITAL MANAGEMENT LLC /ADV RIA/Wealth	$1.7M 52.1K shares
VIRTUE ASSET MANAGEMENT LLC RIA/Wealth	$1.2M 37.3K shares
1 111 Capital Institution	$1.2M 36.0K shares
E Econ Financial Services Corp Institution	$1.1M 32.9K shares
Foundations Investment Advisors, LLC RIA/Wealth	$1.0M 31.8K shares
Sterling Investment Management, Inc. RIA/Wealth	$864.2K 26.5K shares
WESPAC Advisors, LLC RIA/Wealth	$789.4K 24.2K shares
Diversified Trust Co RIA/Wealth	$773.2K 23.7K shares

Exited Positions

Institution	Previous Position
Timbercreek Asset Management Ltd. Real Assets	$25.3M 766.9K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$12.3M 376.6K shares
Lighthouse Investment Partners, LLC Fund of Funds	$11.7M 360.0K shares
A AXA Institution	$8.3M 255.8K shares
M Mubadala Investment Co PJSC Institution	$8.2M 251.6K shares
F FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND Institution	$6.3M 192.8K shares
AEW CAPITAL MANAGEMENT L P Real Assets	$5.9M 181.2K shares
T TCW GROUP INC Institution	$4.0M 122.8K shares
BERKLEY W R CORP Institution	$3.4M 104.4K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$2.4M 74.3K shares

Options Activity

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

Call Positions: 19
Call Value: $57.3M
Put Positions: 16
Put Value: $33.9M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$14.7M 4.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$13.2M 4.0K contracts
J JANE STREET GROUP, LLC Institution	$9.6M 2.9K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$7.5M 2.3K contracts
W WOLVERINE TRADING, LLC Institution	$3.9M 1.2K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$3.0M 932.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$2.0M 623.0 contracts
GOLDMAN SACHS GROUP INC Institution	$1.2M 369.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$828.3K 254.0 contracts
Walleye Trading LLC RIA/Wealth	$437.0K 134.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$12.3M 3.8K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$7.1M 2.2K contracts
J JANE STREET GROUP, LLC Institution	$4.3M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.9M 1.2K contracts
LEUCADIA NATIONAL CORP Institution	$1.8M 541.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.4M 423.0 contracts
P PEAK6 LLC Institution	$1.0M 313.0 contracts
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$495.7K 152.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$384.8K 118.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$378.3K 116.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
LDR Capital Management LLC Hedge Fund•Sector	Lawrence David Raiman CIO	14.01% $5.1M	0.01% 157.7K shares	Q3 2023 Held for 2y 2m	$36.7M
WILSEY ASSET MANAGEMENT INC RIA/Wealth	Brent Michael Wilsey CEO	5.82% $31.7M	0.09% 972.5K shares	Q2 2022 Held for 3y 5m	$545.3M
SMH CAPITAL ADVISORS INC RIA/Wealth	Dwayne Alan Moyers President	5.27% $1.3M	0.00% 44.1K shares	Q2 2023 Held for 2y 5m	$25.1M
Green Street Investors, LLC Real Assets	Craig Arthur Leupold CEO	4.63% $8.2M	0.02% 251.2K shares	Q4 2021 Held for 3y 11m	$177.0M
HGI Capital Management, LLC Hedge Fund•Sector	Jordan Eric Slone CEO	4.21% $1.5M	0.00% 46.9K shares	Q3 2024 Held for 1y 2m	$36.4M
T TT Capital Management LLC Institution	-	3.69% $4.8M	0.01% 148.2K shares	Q4 2024 Held for 11 months	$130.9M
A Adelante Capital Management LLC Real Assets	Michael Anthony Torres CEO	3.32% $49.6M	0.14% 1.5M shares	Q3 2022 Held for 3y 2m	$1.5B
LASALLE INVESTMENT MANAGEMENT SECURITIES LP Real Assets	Ian Scott Mcwilliams Managing Partner	2.84% $72.2M	0.21% 2.2M shares	Q1 2018 Held for 7y 8m	$2.5B
Gates Capital Management, Inc. Hedge Fund•Event Driven	Jeffrey Linn Gates President	2.69% $87.0M	0.25% 2.7M shares	Q1 2018 Held for 7y 8m	$3.2B
Cutler Capital Management, LLC Hedge Fund•Convert Bond Arb	Geoffrey Kristopher Allan Dancey President	2.64% $5.4M	0.02% 166.8K shares	Q1 2022 Held for 3y 8m	$205.9M

Hedge Fund Spotlight

Discover hedge funds investing in VICI

MQS Management LLC

Hedge Fund • Global Macro

Portfolio ManagerRobert Yale Gelfond

Portfolio Value: $171.4M
Positions: 404
Last Reported: Q3 2025

Sector Allocation

Position in VICI Properties Inc.

Market Value: $602.3K
Shares Held: 18.5K
Portfolio Weight: 0.35%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Kimco Realty KIM	REIT - Retail Real Estate	$1.3M	0.77%
2 Hilton Worldwide HLT	Travel Lodging Consumer Cyclical	$1.2M	0.71%
3 Schlumberger SLB	Oil & Gas Equipment & Services Energy	$1.2M	0.70%