MODIV INDUSTRIAL INC
COM STK CL C · CUSIP 60784B101
92
institutional holders
+6 vs Q1 2026
3.6m
shares reported held*
$62.9mreported value*
21 new
33 added
17 reduced
13 sold out
net bought ≈ $14.4m (+830.3k shares)
* 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 ($2.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.40.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 14 |
| Q4 2022 | 15 |
| Q1 2023 | 14 |
| Q2 2023 | 14 |
| Q3 2023 | 21 |
| Q4 2023 | 27 |
| Q1 2024 | 28 |
| Q2 2024 | 31 |
| Q3 2024 | 41 |
| Q4 2024 | 52 |
| Q1 2025 | 58 |
| Q2 2025 | 71 |
| Q3 2025 | 77 |
| Q4 2025 | 78 |
| Q1 2026 | 86 |
| Q2 2026 | 92 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 28 | 7 |
| Q4 2024 | 29 | 9 |
| Q1 2025 | 35 | 14 |
| Q2 2025 | 48 | 19 |
| Q3 2025 | 44 | 24 |
| Q4 2025 | 26 | 32 |
| Q1 2026 | 39 | 23 |
| Q2 2026 | 54 | 30 |
Biggest buyers
| ABC ARBITRAGE SA | New | +183.8k |
| GARDNER LEWIS ASSET MANAGEMENT L P | New | +109.6k |
| MILLENNIUM MANAGEMENT LLC | New | +96.2k |
| BlackRock, Inc. | Added | +91.6k |
| GLAZER CAPITAL, LLC | New | +86.0k |
| PRELUDE CAPITAL MANAGEMENT, LLC | New | +68.9k |
| North Star Investment Management Corp. | Added | +62.0k |
| ALPINE ASSOCIATES MANAGEMENT INC. | New | +50.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +47.6k |
| TWO SIGMA INVESTMENTS, LP | Added | +45.6k |
Biggest sellers
| Militia Capital Management LLC | Sold out | -73.7k |
| Meixler Investment Management, Ltd. | Reduced | -50.3k |
| State of New Jersey Common Pension Fund D | Reduced | -40.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -39.9k |
| BANK OF AMERICA CORP /DE/ | Sold out | -21.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -18.5k |
| MARSHALL WACE, LLP | Sold out | -18.2k |
| Man Group plc | Sold out | -14.9k |
| Penserra Capital Management LLC | Reduced | -12.7k |
| GLOBEFLEX CAPITAL L P | Sold out | -11.7k |
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 new · filed 2025-10-17 | 5.1% |
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 632.4k $11.0m | Added +91.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 429.8k $7.5m | Added +44.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 256.5k $4.5m | Added +9.9k |
| ABC ARBITRAGE SA 0.35% of their portfolio | 183.8k $3.2m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 141.1k $2.5m | Added +45.6k |
| STATE STREET CORP 0.00% of their portfolio | 132.9k $2.3m | Added +7.1k |
| North Star Investment Management Corp. 0.12% of their portfolio | 122.0k $2.1m | Added +62.0k |
| Meixler Investment Management, Ltd. 1.16% of their portfolio | 121.2k $2.1m | Reduced -50.3k |
| GARDNER LEWIS ASSET MANAGEMENT L P 0.42% of their portfolio | 109.6k $1.9m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 96.2k $1.7m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 95.7k $1.7m | Added +13.5k |
| GLAZER CAPITAL, LLC 0.04% of their portfolio | 86.0k $1.5m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 76.7k $1.3m | Added +6.5k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 68.9k $1.2m | New |
| Penserra Capital Management LLC 0.01% of their portfolio | 67.4k $1.2m | Reduced -12.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 65.4k $1.1m | Added +10.6k |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 65.0k $1.1m | Reduced -40.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 64.2k $1.1m | Added +3.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 59.2k $1.0m | Added +47.6k |
| MORGAN STANLEY 0.00% of their portfolio | 59.1k $1.0m | Added +15.6k |
| ALPINE ASSOCIATES MANAGEMENT INC. 0.05% of their portfolio | 50.0k $870.0k | New |
| LMR Partners LLP 0.01% of their portfolio | 43.4k $754.4k | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 35.8k $622.9k | Reduced -39.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 33.4k $581.1k | Added +4.4k |
| Polar Asset Management Partners Inc. 0.01% of their portfolio | 30.3k $527.5k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 27.5k $479.0k | Reduced -18.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 24.1k $419.6k | Added +1.9k |
| Alessandra Capital Management, LLC 0.30% of their portfolio | 24.0k $417.5k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 23.9k $416.2k | Reduced -4.9k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 22.4k $390.4k | New |
| Nuveen, LLC 0.00% of their portfolio | 20.0k $347.3k | Added +6.2k |
| UBS Group AG 0.00% of their portfolio | 17.8k $309.5k | Reduced -8.1k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 16.3k $284.0k | Unchanged |
| PRIVATE MANAGEMENT GROUP INC 0.01% of their portfolio | 15.9k $276.9k | Unchanged |
| Bridgewater Associates, LP 0.00% of their portfolio | 15.8k $275.4k | New |
| Mariner, LLC 0.00% of their portfolio | 15.2k $265.2k | New |
| Blankinship & Foster, LLC 0.05% of their portfolio | 15.2k $264.8k | Unchanged |
| XTX Topco Ltd 0.00% of their portfolio | 14.7k $255.2k | New |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 14.1k $245.3k | Unchanged |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 12.6k $219.2k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 12.4k $215.3k | Added +755 |
| PenderFund Capital Management Ltd. 0.03% of their portfolio | 12.3k $214.9k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 12.1k $211.1k | Added +159 |
| REGATTA CAPITAL GROUP, LLC 0.03% of their portfolio | 12.1k $209.9k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 11.8k $205.4k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 11.3k $197.4k | New |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 11.2k $194.1k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 10.2k $177.7k | Added +9.4k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 10.2k $177.4k | Reduced -584 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 9.7k $169.1k | Added +3.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 9.5k $164.7k | Added +5.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 9.1k $158.5k | Added +4.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 9.0k $156.7k | Added +6.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.1k $141.3k | Added +4.5k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 6.5k $113.2k | Added +6.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.4k $94.0k | Unchanged |
| HOLLENCREST CAPITAL MANAGEMENT 0.01% of their portfolio | 5.4k $93.6k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 4.5k $77.9k | Added +4.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 4.5k $77.7k | Added +13 |
| FMR LLC 0.00% of their portfolio | 4.4k $76.5k | Added +4.0k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 4.1k $70.5k | Unchanged |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 4.0k $70.0k | Unchanged |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 3.5k $61.6k | Added +345 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.6k $45.7k | Added +2.1k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 2.5k $44.6k | Added +1.0k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 2.1k $36.9k | Unchanged |
| STRS OHIO 0.00% of their portfolio | 1.8k $31.3k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.6k $27.1k | Reduced -486 |
| BARCLAYS PLC 0.00% of their portfolio | 1.5k $26.0k | Reduced -8.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.1k $20.0k | Added +887 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 955 $16.6k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 913 $15.9k | Reduced -170 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 706 $12.0k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 684 $11.9k | New |
| Arax Advisory Partners 0.00% of their portfolio | 440 $7.7k | New |
| GAMMA Investing LLC 0.00% of their portfolio | 415 $7.2k | Added +44 |
| Reyes Financial Architecture, Inc. 0.00% of their portfolio | 415 $7.2k | Unchanged |
| AMERIFLEX GROUP, INC. 0.00% of their portfolio | 404 $7.0k | Unchanged |
| TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio | 216 $3.8k | New |
| Sterling Capital Management LLC 0.00% of their portfolio | 178 $3.1k | Reduced -152 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 134 $2.3k | Reduced -372 |
| Cornerstone Planning Group LLC 0.00% of their portfolio | 38 $697 | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 35 $613 | Reduced -848 |
| Covestor Ltd 0.00% of their portfolio | 14 $0 | New |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 14 $244 | New |
| Allworth Financial LP 0.00% of their portfolio | 13 $227 | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 12 $209 | Reduced -23 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 11 $191 | Added +1 |
| Essential Partners LLC 0.00% of their portfolio | 5 $87 | Reduced -30 |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 2 $35 | New |
| IFP Advisors, Inc 0.00% of their portfolio | 2 $35 | Reduced -10 |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $17 | Unchanged |