FOUR CORNERS PPTY TR INC FCPT
COM · REIT · CUSIP 35086T109
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersMill Valley, 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 ($3.2m this quarter). Holder counts are more reliable. Shares outstanding: 109.8m as of 2026-07-30, 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 ≈ $24.58. Options: 2 managers hold calls ($427.2k notional), 1 hold puts ($2.5k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 256 |
| Q4 2022 | 267 |
| Q1 2023 | 275 |
| Q2 2023 | 266 |
| Q3 2023 | 262 |
| Q4 2023 | 266 |
| Q1 2024 | 255 |
| Q2 2024 | 261 |
| Q3 2024 | 296 |
| Q4 2024 | 305 |
| Q1 2025 | 324 |
| Q2 2025 | 333 |
| Q3 2025 | 321 |
| Q4 2025 | 325 |
| Q1 2026 | 343 |
| Q2 2026 | 349 |
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 | 136 | 107 |
| Q4 2024 | 155 | 92 |
| Q1 2025 | 169 | 112 |
| Q2 2025 | 171 | 125 |
| Q3 2025 | 152 | 136 |
| Q4 2025 | 165 | 130 |
| Q1 2026 | 196 | 108 |
| Q2 2026 | 176 | 126 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $29.3k | $0 | 0.00 |
| Q4 2025 | $23.1k | $4.6k | 0.20 |
| Q1 2026 | $30.7k | $2.4k | 0.08 |
| Q2 2026 | $427.2k | $2.5k | 0.01 |
Biggest buyers
| Hudson Bay Capital Management LP | New | +1.6m |
| Balyasny Asset Management L.P. | New | +1.0m |
| AMERIPRISE FINANCIAL INC | Added | +823.4k |
| GOLDMAN SACHS GROUP INC | Added | +788.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +649.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +448.9k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | Added | +269.2k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +242.8k |
| AQR CAPITAL MANAGEMENT LLC | Added | +202.6k |
| Sumitomo Mitsui Trust Group, Inc. | Added | +196.0k |
Biggest sellers
| FMR LLC | Reduced | -1.6m |
| Nuveen, LLC | Reduced | -792.3k |
| WESTWOOD HOLDINGS GROUP INC | Reduced | -735.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -690.0k |
| Schonfeld Strategic Advisors LLC | Sold out | -613.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -362.4k |
| B&I Capital AG | Reduced | -317.1k |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -311.3k |
| Alyeska Investment Group, L.P. | Sold out | -281.4k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -260.4k |
Biggest calls
| JANE STREET GROUP, LLC | New | $417.4k17.0k shares |
| GROUP ONE TRADING LLC | Reduced | $9.8k400 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Unchanged | $2.5k100 shares |
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 |
|---|---|
| BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-10-27 | 17.6% |
| FMR LLC 13G · institution -1.4 pts · filed 2026-08-06 | 6.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
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 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 2 | $458.5k | — |
| Q3 2025 | 1 | $199.4k | 2 | $119.9k | — |
| Q4 2025 | 1 | $46.9k | 1 | $20.0k | — |
| Q1 2026 | 1 | $549.6k | 2 | $83.0k | — |
| Q2 2026 | 1 | $99.9k | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-05 | Lenehan William H President and CEO, director | Bought | $99.9k4.0k shares |
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. 0.01% of their portfolio | 20.0m $490.4m | Reduced -9.2k |
| FMR LLC 0.01% of their portfolio | 7.1m $174.5m | Reduced -1.6m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 7.1m $174.3m | Added +448.9k |
| STATE STREET CORP 0.00% of their portfolio | 6.3m $156.6m | Added +195.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.9m $120.8m | Added +13.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 3.8m $93.6m | Reduced -115.9k |
| Capital International Investors 0.02% of their portfolio | 3.4m $83.5m | Added +93.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.1m $76.9m | Added +242.8k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 2.9m $71.5m | Reduced -362.4k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 2.48% of their portfolio | 2.8m $69.6m | Added +269.2k |
| EARNEST PARTNERS LLC 0.23% of their portfolio | 2.6m $63.5m | Reduced -44.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 2.5m $62.4m | Added +196.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.1m $51.8m | Added +110.5k |
| WESTWOOD HOLDINGS GROUP INC 0.39% of their portfolio | 2.1m $51.1m | Reduced -735.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.0m $48.6m | Added +788.4k |
| Hudson Bay Capital Management LP 0.19% of their portfolio | 1.6m $40.1m | New |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.06% of their portfolio | 1.6m $39.1m | Added +34.0k |
| Callodine Capital Management, LP 2.49% of their portfolio | 1.5m $37.9m | Reduced -23.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.5m $36.8m | Added +15.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.4m $33.9m | Added +164.7k |
| Nuveen, LLC 0.01% of their portfolio | 1.3m $31.4m | Reduced -792.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $31.3m | Added +11.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.3m $30.9m | Reduced -311.3k |
| Boston Trust Walden Corp 0.22% of their portfolio | 1.2m $29.1m | Reduced -52.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $29.0m | Reduced -135.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.2m $28.6m | Added +823.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.0m $25.2m | Added +28.5k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 1.0m $25.0m | New |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 982.7k $24.1m | Reduced -260.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 942.5k $23.1m | Reduced -41.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 832.8k $21.2m | Reduced -47.0k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 792.4k $19.5m | Reduced -25.9k |
| Invesco Ltd. 0.00% of their portfolio | 782.2k $19.2m | Added +69.1k |
| Argosy-Lionbridge Management, LLC 11.60% of their portfolio | 752.1k $18.5m | Added +74.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 727.8k $17.9m | Added +23.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 653.8k $16.1m | Added +649.7k |
| Legal & General Group Plc 0.00% of their portfolio | 650.1k $16.0m | Reduced -29.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 619.7k $15.2m | Reduced -104.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 562.8k $13.8m | Added +202.6k |
| Sophron Capital Management L.P. 4.08% of their portfolio | 535.9k $13.2m | Reduced -53.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 440.2k $10.8m | Added +6.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 434.4k $10.7m | Reduced -11.6k |
| MANNING & NAPIER ADVISORS LLC 0.13% of their portfolio | 399.5k $9.8m | Unchanged |
| STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio | 398.1k $9.8m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 396.6k $9.7m | Added +3.3k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 376.6k $9.2m | Reduced -16.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 310.3k $7.6m | Reduced -24.5k |
| TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio | 309.2k $7.6m | Added +27.2k |
| ProShare Advisors LLC 0.01% of their portfolio | 284.3k $7.0m | Added +26.4k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 279.3k $6.9m | Added +37 |
| CRAWFORD INVESTMENT COUNSEL INC 0.11% of their portfolio | 269.5k $6.6m | Reduced -1.1k |
| UBS Group AG 0.00% of their portfolio | 266.9k $6.6m | Reduced -43.6k |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 254.1k $6.2m | Unchanged |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 253.0k $6.2m | Added +30.2k |
| Swiss National Bank 0.00% of their portfolio | 220.2k $5.4m | Added +10.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 213.1k $5.2m | Reduced -19.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 212.2k $5.2m | Added +78.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 211.3k $5.2m | Added +63.3k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 210.6k $5.2m | Added +9.1k |
| Quantinno Capital Management LP 0.01% of their portfolio | 204.0k $5.0m | Added +20.7k |
| Zimmer Partners, LP 0.11% of their portfolio | 185.1k $4.5m | Unchanged |
| Aptus Capital Advisors, LLC 0.03% of their portfolio | 178.3k $4.4m | Added +1.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 177.2k $4.4m | Added +10.3k |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 177.0k $4.3m | Added +9.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 166.5k $4.1m | Added +13.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 155.8k $3.8m | Reduced -5.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 152.8k $3.6m | Added +18.2k |
| CITIGROUP INC 0.00% of their portfolio | 149.8k $3.7m | Reduced -1.5k |
| Rye Brook Capital LLC 2.52% of their portfolio | 146.1k $3.6m | Added +11.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 145.8k $3.6m | Added +25.9k |
| SG Americas Securities, LLC 0.00% of their portfolio | 140.4k $3.4m | Added +5.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 126.1k $3.1m | Reduced -3.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 122.7k $3.0m | Reduced -156.3k |
| XTX Topco Ltd 0.04% of their portfolio | 122.4k $3.0m | Added +108.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 121.6k $3.0m | Added +5.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 113.9k $2.8m | Added +6.5k |
| Corient Private Wealth LP 0.00% of their portfolio | 112.8k $2.8m | Added +1.9k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 111.3k $2.7m | Reduced -85.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 111.2k $2.7m | Added +11.7k |
| Edgestream Partners, L.P. 0.08% of their portfolio | 109.8k $2.7m | Reduced -73.1k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 107.1k $2.6m | Added +32.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 103.0k $2.5m | Added +80.9k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 99.9k $2.5m | Added +1.8k |
| Vanguard Investments Australia, Ltd. 0.01% of their portfolio | 97.8k $2.4m | Added +9 |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 96.4k $2.4m | Reduced -16.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 94.6k $2.3m | Added +6.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 91.6k $2.2m | Added +2.6k |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 88.4k $2.2m | Added +1.9k |
| Verition Fund Management LLC 0.02% of their portfolio | 87.9k $2.2m | Reduced -26.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 84.6k $2.1m | Reduced -5.2k |
| GSA CAPITAL PARTNERS LLP 0.13% of their portfolio | 83.9k $2.1m | Added +33.4k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 76.8k $1.9m | Reduced -1.2k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 75.7k $1.9m | Reduced -4.4k |
| MARTINGALE ASSET MANAGEMENT L P 0.04% of their portfolio | 70.6k $1.7m | Added +11.4k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 68.6k $1.7m | Added +37.3k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 67.9k $1.7m | Added +6.3k |
| Creative Planning 0.00% of their portfolio | 63.5k $1.6m | Added +164 |
| Amundi 0.00% of their portfolio | 61.1k $1.5m | Added +5.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 60.6k $1.5m | Added +31.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 60.0k $1.5m | Reduced -690.0k |