Vault-13

TEJON RANCH CO TRC

COM · Common Stock · CUSIP 879080109 · ISIN US8790801091

103 institutional holders +3 vs Q1 2024
17,547,85317.5m shares reported held*
65.4% of all shares outstanding*
$299.3mreported value*
11 new 34 added 31 reduced 11 sold out net bought ≈ $21.9m (+1.3m 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. Holder counts are more reliable. Shares outstanding: 26.8m as of 2024-07-31, 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 ≈ $17.06. Options: 3 managers hold calls ($58.7k notional), 3 hold puts ($455.5k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 99Q4 22: 100Q1 23: 100Q2 23: 97Q3 23: 102Q4 23: 106Q1 24: 100Q2 24: 103103Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202299
Q4 2022100
Q1 2023100
Q2 202397
Q3 2023102
Q4 2023106
Q1 2024100
Q2 2024103

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 35 bought or addedQ4 22: 35 cut or sold outQ4 22Q1 23: 38 bought or addedQ1 23: 37 cut or sold outQ2 23: 41 bought or addedQ2 23: 35 cut or sold outQ2 23Q3 23: 43 bought or addedQ3 23: 36 cut or sold outQ4 23: 43 bought or addedQ4 23: 36 cut or sold outQ4 23Q1 24: 33 bought or addedQ1 24: 49 cut or sold outQ2 24: 45 bought or addedQ2 24: 42 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223535
Q1 20233837
Q2 20234135
Q3 20234336
Q4 20234336
Q1 20243349
Q2 20244542

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ3 23 calls: $37.3kQ3 23 puts: $110.3kQ3 23P/C 2.96Q4 23 calls: $39.6kQ4 23 puts: $70.5kQ4 23P/C 1.78Q1 24 calls: $24.7kQ1 24 puts: $348.3kQ1 24P/C 14.12Q2 24 calls: $58.7kQ2 24 puts: $455.5kQ2 24P/C 7.76
Numbers
QuarterCallsPutsP/C
Q3 2023$37.3k$110.3k2.96
Q4 2023$39.6k$70.5k1.78
Q1 2024$24.7k$348.3k14.12
Q2 2024$58.7k$455.5k7.76

Biggest buyers

VANGUARD GROUP INC Added +996,357+996.4k
UBS Group AG Added +725,155+725.2k
BlackRock Inc. Added +105,169+105.2k
GEODE CAPITAL MANAGEMENT, LLC Added +59,502+59.5k
GAMCO INVESTORS, INC. ET AL Added +50,493+50.5k
OFI INVEST ASSET MANAGEMENT New +41,162+41.2k
JANE STREET GROUP, LLC New +29,372+29.4k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +25,937+25.9k
STATE STREET CORP Added +12,864+12.9k
Tortoise Investment Management, LLC New +9,300+9.3k

Biggest sellers

MORGAN STANLEY Reduced -326,857-326.9k
JPMORGAN CHASE & CO Reduced -79,022-79.0k
ROYCE & ASSOCIATES LP Reduced -74,166-74.2k
CM Management, LLC Sold out -45,000-45.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -41,600-41.6k
CITADEL ADVISORS LLC Reduced -39,665-39.7k
HORIZON KINETICS ASSET MANAGEMENT LLC Reduced -28,380-28.4k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -27,947-27.9k
TWO SIGMA ADVISERS, LP Sold out -25,400-25.4k
DIMENSIONAL FUND ADVISORS LP Reduced -22,286-22.3k

Biggest calls

CITADEL ADVISORS LLC Added $56.3k3.3k shares
Tortoise Investment Management, LLC New $2.4k12.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $267.8k15.7k shares
CITADEL ADVISORS LLC Added $187.7k11.0k 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.

HolderStakeChangeShares Last filed
HORIZON KINETICS ASSET MANAGEMENT LLC 13G · institution +1.0 pts · filed 2025-11-10 7.1% +1.0 pts 1.9m≈ $35.8m 2025-11-10
Nitor Capital Management LLC 13G · institution new · filed 2026-05-05 6.2% new 1.7m≈ $31.4m 2026-05-05

Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.7%, 2026-10-08), VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales in Q2 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)

BuyingSelling
101Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 1 buyingQ1 23: 0 sellingQ2 23: 1 buyingQ2 23: 0 sellingQ2 23Q3 23: 1 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20220—0——
Q4 20220—0——
Q1 20231$192.6k0——
Q2 20231$107.7k0——
Q3 20231$200.8k0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TOWERVIEW LLC 42.99% of their portfolio NEW YORK, NY 3,845,5003.8m $65.6m $65.6m 42.99% Unchanged
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,119,5502.1m $36.2m $36.2m 0.00% Added +996.4k +996,357
3 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,611,3231.6m $27.5m $27.5m 0.01% Reduced -22.3k -22,286
4 BlackRock Inc. 0.00% of their portfolio New York, NY 1,532,4341.5m $26.1m $26.1m 0.00% Added +105.2k +105,169
5 HORIZON KINETICS ASSET MANAGEMENT LLC 0.27% of their portfolio NEW YORK, NY 908,944908.9k $15.5m $15.5m 0.27% Reduced -28.4k -28,380
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 759,140759.1k $13.0m $13.0m 0.00% Added +725.2k +725,155
7 GAMCO INVESTORS, INC. ET AL 0.13% of their portfolio GREENWICH, CT 718,315718.3k $12.3m $12.3m 0.13% Added +50.5k +50,493
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 533,740533.7k $9.1m $9.1m 0.00% Added +59.5k +59,502
9 FMR LLC 0.00% of their portfolio BOSTON, MA 529,727529.7k $9.0m $9.0m 0.00% Added +208 +208
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 495,981496.0k $8.5m $8.5m 0.00% Added +12.9k +12,864
11 FOUNDATION RESOURCE MANAGEMENT INC 1.34% of their portfolio LITTLE ROCK, AR 490,686490.7k $8.4m $8.4m 1.34% Added +7.9k +7,913
12 ROYCE & ASSOCIATES LP 0.06% of their portfolio New York, NY 394,646394.6k $6.7m $6.7m 0.06% Reduced -74.2k -74,166
13 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 394,548394.5k $6.7m $6.7m 0.01% Reduced -41.6k -41,600
14 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 339,038339.0k $5.8m $5.8m 0.00% Added +6.6k +6,605
15 Acuitas Investments, LLC 2.12% of their portfolio Seattle, WA 232,552232.6k $4.0m $4.0m 2.12% Unchanged
16 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 226,817226.8k $3.9m $3.9m 0.00% Reduced -7.2k -7,239
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 192,984193.0k $3.3m $3.3m 0.00% Added +3.9k +3,913
18 SANTA MONICA PARTNERS LP 2.01% of their portfolio PALM BEACH GARDENS, FL 175,701175.7k $3.0m $3.0m 2.01% Unchanged
19 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 142,200142.2k $2.4m $2.4m 0.02% Unchanged
20 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 138,480138.5k $2.4m $2.4m 0.00% Reduced -2.5k -2,500
21 Oppenheimer & Close, LLC 1.97% of their portfolio NEW YORK, NY 131,681131.7k $2.2m $2.2m 1.97% Added +2.7k +2,700
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 123,335123.3k $2.1m $2.1m 0.00% Reduced -326.9k -326,857
23 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 112,450112.5k $1.9m $1.9m 0.00% Reduced -1.1k -1,050
24 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 95,11395.1k $1.6m $1.6m 0.00% Reduced -7.6k -7,617
25 Teton Advisors, Inc. 0.65% of their portfolio Rye, NY 91,00091.0k $1.6m $1.6m 0.65% Reduced -2.4k -2,400
26 Brandywine Global Investment Management, LLC 0.01% of their portfolio PHILADELPHIA, PA 86,24186.2k $1.5m $1.5m 0.01% Added +7.6k +7,617
27 MAD RIVER INVESTORS 0.89% of their portfolio BOSTON, MA 77,60077.6k $1.3m $1.3m 0.89% Reduced -12.3k -12,300
28 LEVIN CAPITAL STRATEGIES, L.P. 0.13% of their portfolio NEW YORK, NY 71,23171.2k $1.2m $1.2m 0.13% Reduced -210 -210
29 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 58,11858.1k $991.5k $991.5k 0.00% Added +5.6k +5,580
30 Price Jennifer C. 1.06% of their portfolio NEW YORK, NY 53,39753.4k $911.0k $911.0k 1.06% Unchanged
31 LEE DANNER & BASS INC 0.06% of their portfolio NASHVILLE, TN 47,00047.0k $802.0k $802.0k 0.06% First filing
32 REIK & CO., LLC 0.21% of their portfolio NEW YORK, NY 46,87946.9k $799.8k $799.8k 0.21% Unchanged
33 OFI INVEST ASSET MANAGEMENT 0.02% of their portfolio ISSY LES MOULINEAUX, I0 41,16241.2k $655.2k $655.2k 0.02% New
34 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 40,64640.6k $693.4k $693.4k 0.00% Reduced -2.4k -2,423
35 Swiss National Bank 0.00% of their portfolio ZURICH, V8 39,58039.6k $675.2k $675.2k 0.00% Reduced -2.6k -2,600
36 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 37,13037.1k $633.4k $633.4k 0.00% Added +25.9k +25,937
37 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 33,92433.9k $578.7k $578.7k 0.00% Added +770 +770
38 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 33,21533.2k $566.6k $566.6k 0.00% Reduced -7.3k -7,285
39 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 32,22632.2k $549.8k $549.8k 0.00% Added +4.8k +4,769
40 Accordant Advisory Group Inc 0.50% of their portfolio ANNAPOLIS, MD 31,18931.2k $532.1k $532.1k 0.50% Added +1.2k +1,219
41 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 29,37229.4k $501.1k $501.1k 0.00% New
42 Fiduciary Trust Co 0.01% of their portfolio Boston, MA 24,25024.2k $413.7k $413.7k 0.01% Unchanged
43 Mariner, LLC 0.00% of their portfolio Overland Park, KS 21,65121.7k $369.4k $369.4k 0.00% Reduced -1.4k -1,355
44 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 21,43221.4k $366.0k $366.0k 0.00% Reduced -27.9k -27,947
45 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 20,74220.7k $354.0k $354.0k 0.00% Added +4.8k +4,803
46 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 19,67619.7k $335.7k $335.7k 0.00% Reduced -1.6k -1,571
47 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 19,23819.2k $328.2k $328.2k 0.00% Added +1.8k +1,803
48 Covestor Ltd 0.21% of their portfolio LONDON, X0 19,11319.1k $326.0k $326.0k 0.21% Added +5.9k +5,885
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,84017.8k $304.4k $304.4k 0.00% Reduced -79.0k -79,022
50 Legal & General Group Plc 0.00% of their portfolio London, X0 17,71317.7k $302.2k $302.2k 0.00% Unchanged
51 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 16,10716.1k $274.8k $274.8k 0.00% Reduced -6.2k -6,198
52 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 15,92215.9k $271.6k $271.6k 0.00% Added +3.9k +3,880
53 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 15,60015.6k $266.1k $266.1k 0.00% Added +2.5k +2,500
54 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 14,74714.7k $251.6k $251.6k 0.00% Added +7.0k +6,962
55 Arbiter Partners Capital Management LLC 0.51% of their portfolio NEW YORK, NY 14,74214.7k $251.5k $251.5k 0.51% Unchanged
56 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 14,42314.4k $242.3k $242.3k 0.00% Reduced -200 -200
57 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 12,08612.1k $206.2k $206.2k 0.00% Added +372 +372
58 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,68111.7k $200.0k $200.0k 0.00% Added +4.1k +4,100
59 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 11,38911.4k $194.3k $194.3k 0.00% First filing
60 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 11,26111.3k $192.1k $192.1k 0.00% First filing
61 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 11,24911.2k $192.0k $192.0k 0.00% Added +3.2k +3,170
62 Alan B Lancz & Associates, Inc. 0.19% of their portfolio TOLEDO, OH 11,07311.1k $188.9k $188.9k 0.19% First filing
63 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,24510.2k $175.0k $175.0k 0.00% Reduced -4.4k -4,415
64 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 9,7039.7k $165.5k $165.5k 0.00% Reduced -39.7k -39,665
65 Tortoise Investment Management, LLC 0.02% of their portfolio WHITE PLAINS, NY 9,3009.3k $158.7k $158.7k 0.02% New
66 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 8,8608.9k $151.2k $151.2k 0.00% Added +13 +13
67 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 8,1968.2k $139.8k $139.8k 0.00% Reduced -2.2k -2,155
68 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 8,0578.1k $137.5k $137.5k 0.00% Reduced -11.2k -11,193
69 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 7,8777.9k $134.4k $134.4k 0.00% Reduced -117 -117
70 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio DENVER, CO 5,7565.8k $98.0k $98.0k 0.00% Unchanged
71 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 4,8884.9k $83.4k $83.4k 0.00% Reduced -5.3k -5,328
72 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,7544.8k $81.1k $81.1k 0.00% Added +770 +770
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,1114.1k $70.1k $70.1k 0.00% Added +3.9k +3,881
74 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 4,1004.1k $69.9k $69.9k 0.00% Unchanged
75 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 3,8113.8k $65.0k $65.0k 0.00% Unchanged
76 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,9963.0k $51.1k $51.1k 0.00% Added +374 +374
77 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 2,5842.6k $44.1k $44.1k 0.00% Added +2.4k +2,395
78 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 2,2822.3k $38.0k $38.0k 0.00% Unchanged
79 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 2,2242.2k $37.9k $37.9k 0.01% Added +124 +124
80 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 2,0662.1k $35.2k $35.2k 0.00% Unchanged
81 Manchester Capital Management LLC 0.00% of their portfolio MANCHESTER, VT 2,0472.0k $34.9k $34.9k 0.00% New
82 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,8461.8k $31.5k $31.5k 0.00% Added +1.1k +1,146
83 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,0471.0k $17.9k $17.9k 0.00% Unchanged
84 COMERICA BANK 0.00% of their portfolio DALLAS, TX 808808 $13.8k $13.8k 0.00% Unchanged
85 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 725725 $12.0k $12.0k 0.00% Unchanged
86 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 721721 $12.3k $12.3k 0.00% Unchanged
87 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 600600 $10.0k $10.0k 0.00% Unchanged
88 CWM, LLC 0.00% of their portfolio OMAHA, NE 598598 $10.0k $10.0k 0.00% Reduced -843 -843
89 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 283283 $4.8k $4.8k 0.00% Unchanged
90 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 181181 $3.1k $3.1k 0.00% Reduced -26 -26
91 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 173173 $3.0k $3.0k 0.00% Added +49 +49
92 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 6868 $1.1k $1.1k 0.00% New
93 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4545 $768 $768 0.00% Reduced -192 -192
94 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 3535 $597 $597 0.00% New
95 Avion Wealth 0.00% of their portfolio THE WOODLANDS, TX 3131 $0 $0 0.00% New
96 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 2828 $478 $478 0.00% Reduced -20 -20
97 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 2727 $461 $461 0.00% New
98 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 1717 $290 $290 0.00% New
99 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 1515 $252 $252 0.00% New
100 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 1111 $187 $187 0.00% Unchanged