GLOBAL NET LEASE INC GNL
COM NEW · REIT · CUSIP 379378201
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNew York, NY
- 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 ($199.4k this quarter). Holder counts are more reliable. Shares outstanding: 210.9m as of 2026-08-03, 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 ≈ $8.94. Options: 6 managers hold calls ($2.4m notional), 4 hold puts ($582.9k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 248 |
| Q4 2022 | 258 |
| Q1 2023 | 244 |
| Q2 2023 | 251 |
| Q3 2023 | 324 |
| Q4 2023 | 301 |
| Q1 2024 | 292 |
| Q2 2024 | 307 |
| Q3 2024 | 316 |
| Q4 2024 | 326 |
| Q1 2025 | 327 |
| Q2 2025 | 322 |
| Q3 2025 | 328 |
| Q4 2025 | 348 |
| Q1 2026 | 356 |
| Q2 2026 | 342 |
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 | 161 | 122 |
| Q4 2024 | 140 | 148 |
| Q1 2025 | 149 | 141 |
| Q2 2025 | 127 | 164 |
| Q3 2025 | 154 | 132 |
| Q4 2025 | 150 | 148 |
| Q1 2026 | 156 | 147 |
| Q2 2026 | 149 | 164 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $7.1m | $3.8m | 0.53 |
| Q4 2025 | $1.3m | $3.0m | 2.21 |
| Q1 2026 | $2.6m | $1.9m | 0.73 |
| Q2 2026 | $2.4m | $582.9k | 0.25 |
Biggest buyers
| PRIVATE MANAGEMENT GROUP INC | New | +3.3m |
| TWO SIGMA INVESTMENTS, LP | Added | +3.2m |
| Balyasny Asset Management L.P. | Added | +3.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.0m |
| MORGAN STANLEY | Added | +951.0k |
| Qube Research & Technologies Ltd | New | +765.1k |
| BlackRock, Inc. | Added | +758.7k |
| MARSHALL WACE, LLP | Added | +748.5k |
| Invesco Ltd. | Added | +479.6k |
| BROWN ADVISORY INC | Added | +459.1k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -2.1m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -998.0k |
| HSBC HOLDINGS PLC | Reduced | -699.7k |
| HRT FINANCIAL LP | Sold out | -575.9k |
| UBS Group AG | Reduced | -312.7k |
| Advisors Asset Management, Inc. | Reduced | -302.8k |
| CITIGROUP INC | Reduced | -266.3k |
| D. E. Shaw & Co., Inc. | Reduced | -194.2k |
| FIRST TRUST ADVISORS LP | Reduced | -192.7k |
| XTX Topco Ltd | Sold out | -188.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $835.0k93.4k shares |
| CITADEL ADVISORS LLC | Reduced | $818.9k91.6k shares |
| JANE STREET GROUP, LLC | Added | $363.0k40.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $180.6k20.2k shares |
| IMC-Chicago, LLC | New | $99.2k11.1k shares |
| GROUP ONE TRADING LLC | Reduced | $79.6k8.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $365.6k40.9k shares |
| CITADEL ADVISORS LLC | Reduced | $209.2k23.4k shares |
| GROUP ONE TRADING LLC | Reduced | $6.3k700 shares |
| SIMPLEX TRADING, LLC | Reduced | $1.8k200 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 filed 2025-02-05 | 14.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 9.6% |
| Bellevue Capital Partners, LLC 13D · may seek influence -2.2 pts · filed 2026-07-24 | 7.5% |
| STATE STREET CORP 13G · institution +0.1 pts · filed 2025-08-11 | 5.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 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 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $1.1m | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 32.1m $286.7m | Added +758.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 20.5m $183.7m | Added +141.1k |
| STATE STREET CORP 0.00% of their portfolio | 11.0m $98.2m | Reduced -128.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 9.3m $82.9m | Added +28.3k |
| BROWN ADVISORY INC 0.09% of their portfolio | 6.4m $56.9m | Added +459.1k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 5.8m $51.6m | Added +3.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 5.5m $49.4m | Added +239.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.3m $38.6m | Reduced -73.4k |
| Invesco Ltd. 0.00% of their portfolio | 4.2m $37.7m | Added +479.6k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 3.9m $34.5m | Added +3.1m |
| PRIVATE MANAGEMENT GROUP INC 0.77% of their portfolio | 3.3m $29.3m | New |
| MORGAN STANLEY 0.00% of their portfolio | 3.1m $27.7m | Added +951.0k |
| Helix Partners Management LP 7.28% of their portfolio | 3.0m $27.0m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.6m $23.4m | Reduced -157.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.5m $22.3m | Added +104.6k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 2.3m $20.7m | Reduced -699.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 2.2m $19.9m | Added +41.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.6m $13.9m | Reduced -24.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.5m $13.6m | Reduced -84.6k |
| Taconic Capital Advisors LP 7.17% of their portfolio | 1.3m $11.9m | Added +90.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 1.3m $11.5m | Reduced -16.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.3m $11.2m | Added +20.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 1.1m $10.3m | Added +320.1k |
| Legal & General Group Plc 0.00% of their portfolio | 1.1m $10.2m | Reduced -109.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.0m $9.4m | Added +1.0m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $9.1m | Added +86.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 921.2k $8.2m | Reduced -37.2k |
| JUPITER ASSET MANAGEMENT LTD 0.04% of their portfolio | 815.4k $7.3m | Reduced -5.1k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 765.1k $6.8m | New |
| MARSHALL WACE, LLP 0.01% of their portfolio | 761.7k $6.8m | Added +748.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 698.7k $6.2m | Added +390.8k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 670.1k $6.0m | Added +2.6k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 654.8k $5.9m | Reduced -50.5k |
| WATERFALL ASSET MANAGEMENT, LLC 3.12% of their portfolio | 570.0k $5.1m | Added +172.4k |
| LPL Financial LLC 0.00% of their portfolio | 545.2k $4.9m | Reduced -13.3k |
| CITIGROUP INC 0.00% of their portfolio | 537.6k $4.8m | Reduced -266.3k |
| BARCLAYS PLC 0.00% of their portfolio | 536.0k $4.8m | Added +5.5k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 535.6k $4.8m | Added +248.8k |
| Nuveen, LLC 0.00% of their portfolio | 524.6k $4.7m | Added +51.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 512.6k $4.6m | Reduced -95.9k |
| UBS Group AG 0.00% of their portfolio | 510.4k $4.6m | Reduced -312.7k |
| BECK CAPITAL MANAGEMENT, LLC 0.80% of their portfolio | 484.2k $4.3m | Added +35.8k |
| RITHOLTZ WEALTH MANAGEMENT 0.06% of their portfolio | 474.6k $4.2m | Reduced -29.4k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 472.2k $4.2m | Reduced -12.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 461.5k $4.1m | Added +242.9k |
| Aberdeen Group plc 0.01% of their portfolio | 424.8k $3.8m | Added +66.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 421.6k $3.8m | Reduced -192.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 404.3k $3.6m | Added +202.4k |
| STRS OHIO 0.01% of their portfolio | 396.8k $3.5m | Added +361.8k |
| NORGES BANK 0.00% of their portfolio | 394.6k $3.5m | Not comparable |
| Swiss National Bank 0.00% of their portfolio | 386.8k $3.5m | Reduced -5.4k |
| Arete Wealth Advisors, LLC 0.23% of their portfolio | 383.4k $3.4m | Added +74.3k |
| BESSEMER GROUP INC 0.00% of their portfolio | 376.7k $3.4m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 368.1k $3.3m | Reduced -998.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 363.3k $3.2m | Added +10.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 350.2k $3.1m | Reduced -39.6k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 341.4k $3.1m | Reduced -103.5k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 312.4k $2.8m | Added +7.7k |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 310.6k $2.8m | Added +17.2k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 305.4k $2.7m | Reduced -101.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 304.8k $2.7m | Added +15.7k |
| Summit Financial, LLC 0.03% of their portfolio | 302.8k $2.7m | Added +30 |
| Blue Sky Capital Consultants Group, Inc. 1.15% of their portfolio | 302.0k $2.7m | Reduced -49.9k |
| Paralel Advisors LLC 0.10% of their portfolio | 295.5k $2.6m | Unchanged |
| Man Group plc 0.00% of their portfolio | 292.2k $2.6m | New |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 291.0k $2.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 282.9k $2.5m | Added +45.8k |
| Quantinno Capital Management LP 0.00% of their portfolio | 277.4k $2.5m | Added +35.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 272.7k $2.4m | Added +258.4k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 257.9k $2.3m | Reduced -14.8k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 257.5k $2.3m | Added +171.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 253.8k $2.3m | Reduced -182.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 245.2k $2.3m | Reduced -1.4k |
| Campbell & CO Investment Adviser LLC 0.11% of their portfolio | 243.9k $2.2m | Added +2.5k |
| Edgestream Partners, L.P. 0.06% of their portfolio | 238.0k $2.1m | New |
| MARTINGALE ASSET MANAGEMENT L P 0.05% of their portfolio | 233.5k $2.1m | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 231.7k $2.1m | Added +4.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 220.9k $2.0m | Added +27.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 220.2k $2.0m | Reduced -9.8k |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 207.2k $1.9m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 206.9k $1.8m | Reduced -6.4k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio | 198.4k $1.8m | Reduced -59.1k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 197.6k $1.8m | Reduced -194.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 197.4k $1.8m | Reduced -9.3k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 192.0k $1.7m | Added +60.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 191.0k $1.7m | Added +93.3k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 186.2k $1.7m | Added +48.2k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 185.3k $1.7m | Reduced -5.5k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 178.5k $1.6m | Unchanged |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 177.4k $1.6m | Reduced -2.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 176.2k $1.6m | Unchanged |
| Focus Partners Wealth 0.00% of their portfolio | 172.8k $1.5m | Reduced -3.6k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 169.9k $1.5m | Reduced -40.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 166.0k $1.5m | Unchanged |
| GAGNON SECURITIES LLC 0.28% of their portfolio | 160.6k $1.4m | Reduced -9.5k |
| Corient Private Wealth LP 0.00% of their portfolio | 154.8k $1.4m | Reduced -604 |
| North Star Investment Management Corp. 0.07% of their portfolio | 150.5k $1.3m | Added +150.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 147.2k $1.3m | Added +35.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 144.8k $1.3m | Added +3.5k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 142.7k $1.3m | Added +61.6k |