Vornado Realty

VNO • NYSE

Vornado Realty is a reit - office company in the real estate sector on NYSE, led by Steven Roth, with a market cap of $6.8B. As of Q3 2025, 83% of shares are held by 389 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.26%.

Chief Executive OfficerSteven Roth

Market Cap$6.8B

REIT - Office

Real Estate

Employees2.9K

Websitevno.com

Country

United States of America

Overview

Overview of institutional ownership in VNO as of Q3 2025 with a market cap of $7.8B

All Institutions

Institutions: 389
Value Held: $6.5B
Shares Held: 160.2M
Avg Position: $16.7M
Median Position: $709.4K

Hedge Funds

Hedge Funds: 36
Value Held: $219.6M
Shares Held: 5.4M
Avg Position: $6.1M
Median Position: $1.3M

Ownership Breakdown

Institutional (non-HF)

80.59%

$6.3B

Hedge Funds

2.82%

$219.6M

Retail & Other

16.59%

$1.3B

Based on market cap of $7.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VNO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$954.2M 0.01% of portfolio	12.26% 23.5M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$864.4M 0.02% of portfolio	11.11% 21.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
FRANKLIN RESOURCES INC Institution	Gregory E. Johnson CEO	$498.9M 0.13% of portfolio	6.41% 12.3M shares	≤ Q2 2013 Held for 12y 5m+	$395.36B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$346.4M 0.01% of portfolio	4.45% 8.5M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$302.1M 0.03% of portfolio	3.88% 7.5M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B
K Kemnay Advisory Services Inc. Institution	-	$236.5M 35.56% of portfolio	3.04% 5.8M shares	Q3 2023 Held for 2y 2m	$665.1M
PRINCIPAL FINANCIAL GROUP INC Institution	Deanna Strable CEO	$235.1M 0.12% of portfolio	3.02% 5.8M shares	≤ Q2 2013 Held for 12y 5m+	$197.71B
Resolution Capital Ltd Real Assets	Sonia Luton Managing Partner	$218.1M 4.24% of portfolio	2.80% 5.4M shares	Q2 2025 Held for 5 months	$5.1B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$137.1M 0.02% of portfolio	1.76% 3.4M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$132.8M 0.01% of portfolio	1.71% 3.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T

Net Capital Flow

Institutional buying and selling activity for VNO in Q3 2025

Traded: +$123.6M
Buyers: 183
Sellers: 181
Total Bought: +$543.3M
Total Sold: −$419.6M
Avg Position: $14.9M

Biggest Buyers

Institution	Net Bought	Current Position
Resolution Capital Ltd Real Assets	+$165.6M +4.1M shares	$218.1M 5.4M shares
P Pacer Advisors, Inc. Institution	+$60.2M +1.5M shares	$60.4M 1.5M shares
MORGAN STANLEY RIA/Wealth	+$50.8M +1.3M shares	$129.3M 3.2M shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	+$35.2M +869.2K shares	$95.6M 2.4M shares
GRS Advisors, LLC Real Assets	+$32.1M +791.6K shares	$32.1M 791.6K shares
Candriam Luxembourg S.C.A. Long Only Manager	+$20.2M +498.6K shares	$31.8M 785.4K shares
KING STREET CAPITAL MANAGEMENT, L.P. Hedge Fund•Distressed	+$11.9M +293.9K shares	$11.9M 293.9K shares
FRANKLIN RESOURCES INC Institution	+$11.1M +274.3K shares	$498.9M 12.3M shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	+$10.1M +249.4K shares	$11.6M 287.0K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$9.9M +245.0K shares	$25.5M 628.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
JPMORGAN CHASE & CO Institution	−$82.3M −2.0M shares	$120.5M 3.0M shares
Invesco Ltd. ETF Provider	−$34.7M −856.9K shares	$137.1M 3.4M shares
Woodline Partners LP Hedge Fund•Long/Short	−$31.5M −824.6K shares	Sold Off 0 shares
B BlackRock, Inc. Institution	−$21.0M −517.1K shares	$864.4M 21.3M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$16.9M −417.0K shares	$302.1M 7.5M shares
UBS Group AG Institution	−$14.3M −353.8K shares	$46.2M 1.1M shares
BAMCO INC /NY/ Long Only Manager	−$12.7M −314.0K shares	$57.1M 1.4M shares
BANK OF AMERICA CORP /DE/ Institution	−$11.9M −293.7K shares	$58.2M 1.4M shares
STATE STREET CORP Institution	−$11.6M −287.0K shares	$346.4M 8.5M shares
GREAT LAKES ADVISORS, LLC Long Only Manager	−$11.4M −298.9K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 11
New Value: $5.0M
Exited Positions: 47
Exited Value: $98.7M

New Positions

Institution	Position Value
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$3.1M 77.3K shares
MANGROVE PARTNERS Hedge Fund•Multi-Strategy	$906.5K 22.4K shares
E EntryPoint Capital, LLC Hedge Fund•Long/Short	$670.0K 16.5K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$271.2K 6.7K shares
Steigerwald, Gordon & Koch Inc. RIA/Wealth	$5.6K 139.0 shares
Halbert, Hargrove/Russell LLC RIA/Wealth	$4.8K 119.0 shares
M Millstone Evans Group, LLC RIA/Wealth	$4.6K 113.0 shares
R Root Financial Partners, LLC RIA/Wealth	$3.8K 94.0 shares
S Salomon & Ludwin, LLC Institution	$3.6K 88.0 shares
JPL Wealth Management, LLC RIA/Wealth	$1.6K 40.0 shares

Exited Positions

Institution	Previous Position
Woodline Partners LP Hedge Fund•Long/Short	$31.5M 824.6K shares
GREAT LAKES ADVISORS, LLC Long Only Manager	$11.4M 298.9K shares
SCS Capital Management LLC RIA/Wealth	$10.0M 260.8K shares
PARTNERS CAPITAL INVESTMENT GROUP, LLP Fund of Funds	$7.8M 203.6K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$5.3M 137.8K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$4.5M 118.5K shares
B BNP Paribas Investment Partners S.A. Institution	$4.4M 115.6K shares
W Waterfront Capital Partners, LLC Hedge Fund•Long/Short	$3.8M 100.0K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$3.6M 94.4K shares
HGI Capital Management, LLC Hedge Fund•Sector	$3.4M 88.7K shares

Options Activity

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

Call Positions: 11
Call Value: $13.7M
Put Positions: 14
Put Value: $12.9M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.3M 1.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.0M 975.0 contracts
J JANE STREET GROUP, LLC Institution	$1.9M 466.0 contracts
Walleye Trading LLC RIA/Wealth	$1.6M 395.0 contracts
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	- - contracts
UBS Group AG Institution	- - contracts
C Concentric Capital Strategies, LP Hedge Fund•Long/Short	- - contracts
P Palogic Value Management, L.P. RIA/Wealth	- - contracts
W WOLVERINE TRADING, LLC Institution	- - contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.8M 1.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.4M 594.0 contracts
Walleye Trading LLC RIA/Wealth	$2.3M 563.0 contracts
Crawford Fund Management, LLC Hedge Fund•Long/Short	$648.5K 160.0 contracts
J JANE STREET GROUP, LLC Institution	$543.1K 134.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$121.6K 30.0 contracts
UBS OCONNOR LLC Long Only Manager	$30.8K 268.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	- - contracts
UBS Group AG Institution	- - contracts
Caption Management, LLC Hedge Fund•Long/Short	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
K Kemnay Advisory Services Inc. Institution	-	35.56% $236.5M	3.04% 5.8M shares	Q3 2023 Held for 2y 2m	$665.1M
Resolution Capital Ltd Real Assets	Sonia Luton Managing Partner	4.24% $218.1M	2.80% 5.4M shares	Q2 2025 Held for 5 months	$5.1B
GRS Advisors, LLC Real Assets	Michael Jacob Geller CIO	3.00% $32.1M	0.41% 791.6K shares	Q3 2025 Held for 2 months	$1.1B
KING STREET CAPITAL MANAGEMENT, L.P. Hedge Fund•Distressed	Ricardo Nmn Marano Managing Partner	2.38% $11.9M	0.15% 293.9K shares	Q3 2025 Held for 2 months	$499.9M
Prospect Financial Services LLC RIA/Wealth	Sean Peter Rooney Managing Partner	2.34% $4.1M	0.05% 100.3K shares	Q4 2023 Held for 1y 11m	$173.9M
Collar Capital Management, LLC RIA/Wealth	Patrick Daniel Collar Managing Partner	2.28% $3.3M	0.04% 80.6K shares	Q4 2024 Held for 11 months	$143.5M
CENTERSQUARE INVESTMENT MANAGEMENT LLC Real Assets	Eric Todd Briddell CEO	1.29% $128.6M	1.65% 3.2M shares	Q2 2024 Held for 1y 5m	$10.0B
A Adelante Capital Management LLC Real Assets	Michael Anthony Torres CEO	1.01% $15.0M	0.19% 370.9K shares	Q1 2024 Held for 1y 8m	$1.5B
Vert Asset Management LLC Institution	Sarah Jessica Adams Managing Partner	0.99% $2.9M	0.04% 72.6K shares	Q4 2021 Held for 3y 11m	$297.4M
CBRE CLARION SECURITIES LLC Real Assets	Joseph Patrick Smith President	0.96% $66.9M	0.86% 1.7M shares	Q3 2022 Held for 3y 2m	$7.0B

Hedge Fund Spotlight

Discover hedge funds investing in VNO

Bridgefront Capital, LLC

Hedge Fund • Quant

Portfolio ManagerBrian Huber

Portfolio Value: $340.5M
Positions: 563
Last Reported: Q3 2025

Sector Allocation

Position in Vornado Realty

Market Value: $1.0M
Shares Held: 25.4K
Portfolio Weight: 0.30%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Lam Research LRCX	Semiconductors Technology	$4.4M	1.30%
2 Honeywell International HON	Conglomerates Industrials	$3.1M	0.91%
3 Autodesk ADSK	Software - Application Technology	$3.1M	0.90%