AMERICAN ASSETS TR INC AAT
COM · REIT · CUSIP 024013104
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersSan Diego, CA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($613.0k this quarter). Holder counts are more reliable. Shares outstanding: 61.4m as of 2026-05-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $24.66. Options: 2 managers hold calls ($37.0k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 186 |
| Q4 2022 | 191 |
| Q1 2023 | 194 |
| Q2 2023 | 176 |
| Q3 2023 | 184 |
| Q4 2023 | 195 |
| Q1 2024 | 197 |
| Q2 2024 | 198 |
| Q3 2024 | 215 |
| Q4 2024 | 220 |
| Q1 2025 | 221 |
| Q2 2025 | 227 |
| Q3 2025 | 233 |
| Q4 2025 | 229 |
| Q1 2026 | 235 |
| Q2 2026 | 243 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 93 | 96 |
| Q4 2024 | 106 | 85 |
| Q1 2025 | 108 | 104 |
| Q2 2025 | 128 | 100 |
| Q3 2025 | 127 | 104 |
| Q4 2025 | 93 | 130 |
| Q1 2026 | 105 | 114 |
| Q2 2026 | 122 | 96 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $14.2k | $50.2k | 3.53 |
| Q4 2025 | $15.1k | $0 | 0.00 |
| Q1 2026 | $217.2k | $55.2k | 0.25 |
| Q2 2026 | $37.0k | $0 | 0.00 |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +424.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +310.1k |
| LSV ASSET MANAGEMENT | Added | +235.6k |
| Qube Research & Technologies Ltd | Added | +149.3k |
| CSM Advisors, LLC | Added | +145.0k |
| BESSEMER GROUP INC | Added | +119.2k |
| Lighthouse Investment Partners, LLC | Added | +105.2k |
| AMERIPRISE FINANCIAL INC | Added | +96.6k |
| Allianz Asset Management GmbH | Added | +78.3k |
| HSBC HOLDINGS PLC | Added | +77.2k |
Biggest sellers
| Senvest Management, LLC | Reduced | -925.7k |
| JPMORGAN CHASE & CO | Reduced | -762.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -379.1k |
| BlackRock, Inc. | Reduced | -290.0k |
| WATERFALL ASSET MANAGEMENT, LLC | Sold out | -279.3k |
| ALGERT GLOBAL LLC | Reduced | -223.7k |
| JANE STREET GROUP, LLC | Reduced | -148.1k |
| FIRST TRUST ADVISORS LP | Reduced | -139.3k |
| NORTHERN TRUST CORP | Reduced | -108.9k |
| Invesco Ltd. | Reduced | -96.5k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $32.1k1.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.9k200 shares |
Biggest puts
| None |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
RADY ERNEST S
13D · may seek influence
+0.9 pts · filed 2026-08-26
Stated purposeThe information in Item 4 is hereby amended and supplemented as follows: Transactions Item 5(c) provides disclosure with regard to the Transactions (as defined below) and is incorporated herein by reference. General The Reporting Persons acquired the securities described in this Schedule 13D for investment purposes and they intend to review their investments in the Company on a continuing basis. Any actions the Reporting Persons might undertake will be dependent upon the Reporting Persons' review of numerous factors, including, but not limited to: an ongoing evaluation of the Company's business, financial condition, operations and prospects; price levels of the Company's securities; general market, industry and economic conditions; the relative attractiveness of alternative business an… Full filing |
38.0% |
| BlackRock, Inc. 13G · institution filed 2025-04-22 | 14.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 8.8% |
| Senvest Management, LLC 13G · passive investor new · filed 2026-01-26 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $853.3k | $853.3k |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $4.8m | 0 | — | — |
| Q2 2026 | 1 | $11.3m | 0 | — | — |
| Q3 2026 | 1 | $20.1m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-14 | RADY ERNEST S Executive Chairman, director · By AAI | Bought | $1.1m50.0k shares |
| 2026-09-02 | RADY ERNEST S Executive Chairman, director · By AAI | Bought | $2.2m96.6k shares |
| 2026-09-01 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $1.1m50.0k shares |
| 2026-08-31 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $446.6k20.0k shares |
| 2026-08-28 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $1.1m50.0k shares |
| 2026-08-27 | RADY ERNEST S Executive Chairman, director · By AAI | Bought | $1.1m50.0k shares |
| 2026-08-26 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $1.1m50.0k shares |
| 2026-08-24 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $676.0k29.7k shares |
| 2026-08-21 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $1.1m50.0k shares |
| 2026-08-19 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $227.7k10.0k shares |
| 2026-08-18 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $81.4k3.6k shares |
| 2026-08-17 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $1.1m50.0k shares |
| 2026-08-14 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $1.1m50.0k shares |
| 2026-08-13 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $2.3m100.0k shares |
| 2026-08-11 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $2.3m100.0k shares |
| 2026-08-10 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $2.1m93.2k shares |
| 2026-08-07 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $747.7k32.8k shares |
| 2026-08-05 | RADY ERNEST S Executive Chairman, director · By ESRT | Bought | $69.1k3.0k shares |
| 2026-06-15 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $242.1k10.0k shares |
| 2026-06-12 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $246.3k10.0k shares |
| 2026-06-11 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $197.0k8.0k shares |
| 2026-06-11 | RADY ERNEST S Executive Chairman, director · By ESRT | Bought | $49.2k2.0k shares |
| 2026-06-10 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $246.4k10.0k shares |
| 2026-06-01 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $234.0k10.0k shares |
| 2026-05-29 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $235.9k10.0k shares |
| 2026-05-28 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $375.1k16.3k shares |
| 2026-05-27 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $1.8m80.0k shares |
| 2026-05-22 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $226.7k10.0k shares |
| 2026-05-21 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $1.2m56.7k shares |
| 2026-05-20 | RADY ERNEST S Executive Chairman, director · By ERT | Bought | $104.0k4.9k shares |
The latest 30 of 37 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 9.2m $226.2m | Reduced -290.0k |
| AMERICAN ASSETS INC 54.80% of their portfolio | 7.4m $182.1m | Unchanged |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 5.5m $135.1m | Added +75.4k |
| STATE STREET CORP 0.00% of their portfolio | 2.8m $69.1m | Reduced -46.4k |
| Senvest Management, LLC 1.92% of their portfolio | 2.7m $65.5m | Reduced -925.7k |
| LSV ASSET MANAGEMENT 0.10% of their portfolio | 2.2m $54.6m | Added +235.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.1m $50.7m | Reduced -66.0k |
| American Assets Investment Management, LLC 2.21% of their portfolio | 1.5m $36.5m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.4m $34.4m | Added +57.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.3m $31.6m | Added +18.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.0m $25.7m | Added +96.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.0m $25.5m | Added +71.3k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.07% of their portfolio | 1.0m $25.2m | Added +424.0k |
| MORGAN STANLEY 0.00% of their portfolio | 953.8k $23.5m | Added +70.3k |
| PRIVATE MANAGEMENT GROUP INC 0.52% of their portfolio | 800.0k $19.8m | Reduced -6.6k |
| Invesco Ltd. 0.00% of their portfolio | 709.1k $17.5m | Reduced -96.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 665.6k $16.4m | Reduced -108.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 663.1k $16.4m | Added +46.2k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 618.3k $15.3m | Added +75.6k |
| ALGERT GLOBAL LLC 0.17% of their portfolio | 589.2k $14.5m | Reduced -223.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 516.6k $12.9m | Reduced -762.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 452.1k $11.2m | Reduced -7.4k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 435.7k $10.8m | Reduced -30.2k |
| UBS Group AG 0.00% of their portfolio | 418.6k $10.3m | Reduced -6.7k |
| BESSEMER GROUP INC 0.01% of their portfolio | 375.4k $9.3m | Added +119.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 371.5k $9.2m | Reduced -46.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 368.3k $9.1m | Added +10.5k |
| CSM Advisors, LLC 0.18% of their portfolio | 338.0k $8.3m | Added +145.0k |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 335.3k $8.3m | Added +17.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 326.8k $8.1m | Added +59.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 313.4k $7.7m | Added +310.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 312.4k $7.7m | Added +6.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 303.4k $7.5m | Added +4.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 297.6k $7.3m | Added +27.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 297.4k $7.3m | Reduced -21.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 296.7k $7.3m | Added +74.8k |
| Legal & General Group Plc 0.00% of their portfolio | 285.9k $7.1m | Reduced -67.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 271.3k $6.7m | Reduced -139.3k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 262.5k $6.5m | Added +149.3k |
| FMR LLC 0.00% of their portfolio | 254.6k $6.3m | Reduced -64.4k |
| Argosy-Lionbridge Management, LLC 3.84% of their portfolio | 247.5k $6.1m | Added +37.6k |
| Nuveen, LLC 0.00% of their portfolio | 247.4k $6.1m | Reduced -10.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 228.9k $5.7m | Added +23.5k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 219.5k $4.6m | Added +78.3k |
| Man Group plc 0.01% of their portfolio | 173.7k $4.3m | Added +21.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 173.0k $4.3m | Added +77.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 168.7k $4.2m | Added +11.0k |
| MARTINGALE ASSET MANAGEMENT L P 0.10% of their portfolio | 163.3k $4.0m | Added +43.9k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 162.4k $4.0m | Reduced -6.9k |
| XTX Topco Ltd 0.04% of their portfolio | 139.0k $3.4m | Added +28.9k |
| Lighthouse Investment Partners, LLC 0.10% of their portfolio | 136.6k $3.4m | Added +105.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 132.0k $3.3m | Reduced -17.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 127.3k $3.1m | Reduced -32.4k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 123.3k $3.0m | Reduced -1.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 120.2k $3.0m | Reduced -1.9k |
| Quantinno Capital Management LP 0.00% of their portfolio | 103.3k $2.5m | Added +35.8k |
| NORGES BANK 0.00% of their portfolio | 103.1k $2.5m | Not comparable |
| Swiss National Bank 0.00% of their portfolio | 98.5k $2.4m | Added +2.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 80.9k $2.0m | Added +21.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 79.0k $1.9m | Reduced -2.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 77.2k $1.4m | Reduced -3.6k |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 76.5k $1.9m | Added +3.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 71.9k $1.8m | Added +13.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 71.1k $1.8m | Reduced -379.1k |
| CITIGROUP INC 0.00% of their portfolio | 70.5k $1.7m | Reduced -1.5k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 68.8k $1.7m | Unchanged |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 67.4k $1.7m | Added +633 |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 66.2k $1.6m | Added +1.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 64.3k $1.6m | Added +194 |
| DENALI ADVISORS LLC 0.16% of their portfolio | 62.8k $1.6m | Unchanged |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 62.7k $1.5m | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 62.1k $1.5m | Added +10.9k |
| Polymer Capital Management (US) LLC 0.22% of their portfolio | 59.9k $1.5m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 58.4k $1.4m | Added +11.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 56.9k $1.4m | Reduced -3.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 55.3k $1.4m | Added +30.1k |
| Penserra Capital Management LLC 0.01% of their portfolio | 54.0k $1.3m | Reduced -7.3k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 53.3k $1.3m | Reduced -4.7k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 53.0k $1.3m | Added +17.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 52.9k $1.3m | Reduced -1.4k |
| PICTON MAHONEY ASSET MANAGEMENT 0.01% of their portfolio | 51.6k $1.3m | Added +51.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 51.3k $1.3m | Added +6.6k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 51.2k $1.3m | Added +1.8k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 48.5k $1.2m | Added +16.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 47.5k $1.2m | Added +12.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 44.2k $1.1m | Added +19.7k |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 43.9k $1.1m | Reduced -2.8k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 43.1k $1.1m | Reduced -9.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 42.1k $1.0m | Added +895 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 40.6k $1.0m | Reduced -371 |
| Summit Global Investments 0.05% of their portfolio | 39.2k $968.0k | Reduced -828 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 38.8k $957.9k | Added +1.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 37.5k $926.4k | Added +8.3k |
| Engineers Gate Manager LP 0.01% of their portfolio | 37.2k $918.6k | Added +1.5k |
| Creative Planning 0.00% of their portfolio | 36.6k $904.1k | Added +9.5k |
| Graham Capital Management, L.P. 0.02% of their portfolio | 36.6k $904.0k | Reduced -6.3k |
| Horizon Investments, LLC 0.01% of their portfolio | 35.3k $872.2k | New |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 35.2k $644.0k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 35.0k $864.4k | Unchanged |
| Inspire Investing, LLC 0.03% of their portfolio | 33.8k $835.7k | Added +128 |