STAG INDL INC STAG
COM · REIT · CUSIP 85254J102 · ISIN US85254J1025
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersBoston, MA
- 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 ($35.1m this quarter). Holder counts are more reliable. Shares outstanding: 186.6m as of 2025-02-11, 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 ≈ $33.82. Options: 5 managers hold calls ($2.6m notional), 5 hold puts ($1.5m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 402 |
| Q4 2022 | 443 |
| Q1 2023 | 457 |
| Q2 2023 | 497 |
| Q3 2023 | 492 |
| Q4 2023 | 515 |
| Q1 2024 | 502 |
| Q2 2024 | 522 |
| Q3 2024 | 518 |
| Q4 2024 | 520 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 249 | 164 |
| Q2 2023 | 244 | 204 |
| Q3 2023 | 223 | 223 |
| Q4 2023 | 239 | 216 |
| Q1 2024 | 225 | 230 |
| Q2 2024 | 237 | 242 |
| Q3 2024 | 215 | 262 |
| Q4 2024 | 245 | 236 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $11.1m | $3.1m | 0.28 |
| Q2 2024 | $5.1m | $2.3m | 0.46 |
| Q3 2024 | $8.5m | $1.4m | 0.16 |
| Q4 2024 | $2.6m | $1.5m | 0.58 |
Biggest buyers
| FMR LLC | Added | +2.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.1m |
| CITADEL ADVISORS LLC | Added | +1.0m |
| NORTHERN TRUST CORP | Added | +522.6k |
| Woodline Partners LP | New | +456.7k |
| FRANKLIN RESOURCES INC | Added | +425.4k |
| PRUDENTIAL FINANCIAL INC | Added | +292.3k |
| Alyeska Investment Group, L.P. | Added | +240.8k |
| EARNEST PARTNERS LLC | Added | +235.6k |
| Nuveen Asset Management, LLC | Added | +204.9k |
Biggest sellers
| WESTFIELD CAPITAL MANAGEMENT CO LP | Reduced | -1.4m |
| BlackRock, Inc. | Reduced | -1.1m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.1m |
| DEUTSCHE BANK AG\ | Reduced | -1.0m |
| Waterfront Capital Partners, LLC | Sold out | -628.7k |
| JPMORGAN CHASE & CO | Reduced | -500.6k |
| Russell Investments Group, Ltd. | Reduced | -321.8k |
| Balyasny Asset Management L.P. | Reduced | -299.1k |
| GUGGENHEIM CAPITAL LLC | Reduced | -285.9k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -280.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.5m45.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $848.9k25.1k shares |
| GROUP ONE TRADING LLC | Added | $206.3k6.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $16.0k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.1m32.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $301.0k8.9k shares |
| SIMPLEX TRADING, LLC | Added | $104.0k3.1k shares |
| GROUP ONE TRADING LLC | New | $16.9k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.8% |
| FMR LLC 13G · institution +1.5 pts · filed 2025-08-06 | 7.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), STATE STREET CORP (4.9%, 2026-02-09)
Insider purchases and sales in Q4 2024
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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 2 | $1.5m | — |
| Q2 2023 | 0 | — | 1 | $1.2m | — |
| Q3 2023 | 0 | — | 1 | $2.4m | — |
| Q4 2023 | 0 | — | 4 | $3.7m | — |
| Q1 2024 | 0 | — | 2 | $2.5m | — |
| Q2 2024 | 0 | — | 1 | $1.0m | — |
| Q3 2024 | 0 | — | 1 | $3.3m | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 25.8m $873.6m | Reduced -93.8k |
| BlackRock, Inc. 0.01% of their portfolio | 21.7m $734.7m | Reduced -1.1m |
| STATE STREET CORP 0.01% of their portfolio | 9.2m $311.4m | Added +189.3k |
| FMR LLC 0.02% of their portfolio | 9.0m $305.2m | Added +2.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 4.6m $156.7m | Reduced -75.5k |
| EARNEST PARTNERS LLC 0.57% of their portfolio | 3.8m $128.4m | Added +235.6k |
| Nuveen Asset Management, LLC 0.04% of their portfolio | 3.7m $124.4m | Added +204.9k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 3.7m $124.0m | Reduced -10.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.4m $115.7m | Added +18.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 3.1m $105.7m | Reduced -44.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.8m $94.6m | Reduced -28.3k |
| JANUS HENDERSON GROUP PLC 0.05% of their portfolio | 2.7m $91.8m | Reduced -185.2k |
| Boston Trust Walden Corp 0.59% of their portfolio | 2.5m $84.7m | Reduced -5.8k |
| Channing Capital Management, LLC 2.04% of their portfolio | 2.3m $76.4m | Added +164.3k |
| NORGES BANK 0.01% of their portfolio | 2.2m $75.5m | Added +23.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.1m $70.7m | Added +522.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.8m $62.3m | Reduced -56.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.58% of their portfolio | 1.8m $61.9m | Added +79.8k |
| PRUDENTIAL FINANCIAL INC 0.08% of their portfolio | 1.8m $61.2m | Added +292.3k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.7m $57.6m | First filing |
| GW&K Investment Management, LLC 0.41% of their portfolio | 1.4m $48.5m | Reduced -36.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.4m $46.1m | Added +1.1m |
| Invesco Ltd. 0.01% of their portfolio | 1.2m $41.9m | Added +16.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $41.7m | Added +90.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.2m $41.5m | Added +2.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.2m $41.3m | Reduced -21.9k |
| Heitman Real Estate Securities LLC 2.65% of their portfolio | 1.2m $41.2m | Added +155.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $39.2m | Reduced -44.6k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 1.1m $38.8m | Reduced -1.0m |
| Legal & General Group Plc 0.01% of their portfolio | 1.1m $38.5m | Reduced -96.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.36% of their portfolio | 1.1m $37.9m | Reduced -172.0k |
| SEGALL BRYANT & HAMILL, LLC 0.51% of their portfolio | 1.1m $37.3m | Added +9.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 1.1m $36.7m | Added +146.9k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.0m $35.4m | Added +1.0m |
| Alyeska Investment Group, L.P. 0.13% of their portfolio | 1.0m $34.4m | Added +240.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $34.0m | Reduced -500.6k |
| Aristotle Capital Boston, LLC 1.24% of their portfolio | 986.7k $33.4m | Added +42.4k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 797.5k $27.0m | Added +425.4k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.46% of their portfolio | 768.8k $26.0m | Reduced -98.1k |
| CRAWFORD INVESTMENT COUNSEL INC 0.41% of their portfolio | 679.6k $23.0m | Added +49.5k |
| BESSEMER GROUP INC 0.03% of their portfolio | 623.1k $21.1m | Added +20.5k |
| MILLER HOWARD INVESTMENTS INC /NY 0.67% of their portfolio | 599.4k $20.3m | Reduced -28.3k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 586.9k $19.8m | Added +57.3k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.12% of their portfolio | 575.2k $19.5m | Added +18.4k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 529.0k $17.9m | Added +15.2k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 525.0k $17.8m | Reduced -321.8k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 521.4k $17.6m | Reduced -105.6k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 513.7k $17.4m | Reduced -299.1k |
| Leeward Investments, LLC - MA 0.85% of their portfolio | 502.1k $17.0m | Reduced -37.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 480.6k $16.3m | Added +19.1k |
| Woodline Partners LP 0.10% of their portfolio | 456.7k $15.4m | New |
| GLENMEDE TRUST CO NA 0.08% of their portfolio | 449.3k $15.2m | Added +47.3k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.15% of their portfolio | 448.6k $15.2m | Reduced -11.4k |
| Ceredex Value Advisors LLC 0.31% of their portfolio | 447.9k $15.1m | Added +80.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 439.3k $14.9m | Added +99.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 434.2k $14.7m | Added +6.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 417.6k $14.1m | Reduced -3.9k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 379.2k $12.8m | Added +14.9k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.22% of their portfolio | 359.6k $12.2m | Added +949 |
| Asset Management One Co., Ltd. 0.04% of their portfolio | 359.1k $12.2m | Added +8.3k |
| Swiss National Bank 0.01% of their portfolio | 358.2k $12.1m | Added +2.8k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 351.7k $11.9m | Reduced -6.6k |
| LOOMIS SAYLES & CO L P 0.01% of their portfolio | 349.7k $11.8m | Reduced -10.8k |
| State of Tennessee, Department of Treasury 0.04% of their portfolio | 343.6k $11.6m | Reduced -1.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 339.0k $11.5m | Added +152.2k |
| Mesirow Institutional Investment Management, Inc. 0.87% of their portfolio | 333.3k $11.3m | Reduced -75.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 325.7k $11.0m | Reduced -6.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 323.8k $10.9m | Reduced -14.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 300.1k $10.2m | Reduced -22.9k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 297.9k $10.1m | Added +121.4k |
| Motley Fool Wealth Management, LLC 0.51% of their portfolio | 291.0k $9.8m | Reduced -12.0k |
| Crestwood Advisors Group, LLC 0.18% of their portfolio | 278.9k $9.4m | Reduced -12.5k |
| Daiwa Securities Group Inc. 0.04% of their portfolio | 275.5k $9.3m | Added +32.9k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 271.9k $9.2m | Reduced -1.1m |
| Cubist Systematic Strategies, LLC 0.14% of their portfolio | 256.8k $8.7m | Added +120.7k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.04% of their portfolio | 256.0k $8.7m | Reduced -1.4m |
| UBS Group AG 0.00% of their portfolio | 249.4k $8.4m | Reduced -79.5k |
| NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio | 241.9k $8.2m | Added +6.3k |
| BOKF, NA 0.13% of their portfolio | 234.0k $7.6m | Reduced -29.1k |
| Retirement Systems of Alabama 0.03% of their portfolio | 221.6k $7.5m | Added +335 |
| CONGRESS ASSET MANAGEMENT CO 0.05% of their portfolio | 220.9k $7.5m | Added +20.3k |
| Employees Retirement System of Texas 0.06% of their portfolio | 216.0k $7.3m | Added +175.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 206.3k $7.0m | Reduced -4.0k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 206.2k $7.0m | Reduced -9.2k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 205.3k $6.9m | Added +706 |
| AXA S.A. 0.02% of their portfolio | 201.0k $6.8m | Added +38.0k |
| Keeley-Teton Advisors, LLC 0.78% of their portfolio | 199.6k $6.7m | Added +17.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 197.7k $6.7m | Reduced -1.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 187.1k $6.3m | Added +25.9k |
| State of New Jersey Common Pension Fund D 0.03% of their portfolio | 187.0k $6.3m | Added +6.7k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 182.1k $6.2m | Added +22.7k |
| BARCLAYS PLC 0.00% of their portfolio | 180.8k $6.1m | Reduced -51.5k |
| Dana Investment Advisors, Inc. 0.19% of their portfolio | 171.8k $5.8m | Reduced -2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 170.3k $5.8m | Reduced -1.9k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 167.6k $5.5m | Reduced -53.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 166.5k $5.6m | Reduced -10.0k |
| Pacer Advisors, Inc. 0.01% of their portfolio | 161.4k $5.5m | Reduced -92.8k |
| OPPENHEIMER & CO INC 0.08% of their portfolio | 153.9k $5.2m | Added +903 |
| LORD, ABBETT & CO. LLC 0.02% of their portfolio | 152.9k $5.2m | Reduced -1.4k |
| FineMark National Bank & Trust 0.18% of their portfolio | 151.4k $5.1m | Added +46.6k |