Vault-13

TEJON RANCH CO TRC

COM · Common Stock · CUSIP 879080109 · ISIN US8790801091

111 institutional holders -4 vs Q1 2025
17,432,13317.4m shares reported held*
64.8% of all shares outstanding*
$295.7mreported value*
10 new 43 added 23 reduced 13 sold out net bought ≈ $16.8m (+990.0k 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 ($94.7k this quarter). Holder counts are more reliable. Shares outstanding: 26.9m as of 2025-07-31, 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 ≈ $16.96. Options: 4 managers hold calls ($602.1k notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 99Q4 22: 100Q1 23: 100Q2 23: 97Q3 23: 102Q4 23: 106Q1 24: 100Q2 24: 103Q3 24: 108Q4 24: 119Q1 25: 115Q2 25: 111111Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202299
Q4 2022100
Q1 2023100
Q2 202397
Q3 2023102
Q4 2023106
Q1 2024100
Q2 2024103
Q3 2024108
Q4 2024119
Q1 2025115
Q2 2025111

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 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 24Q3 24: 36 bought or addedQ3 24: 33 cut or sold outQ4 24: 47 bought or addedQ4 24: 45 cut or sold outQ4 24Q1 25: 44 bought or addedQ1 25: 56 cut or sold outQ2 25: 53 bought or addedQ2 25: 36 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234336
Q4 20234336
Q1 20243349
Q2 20244542
Q3 20243633
Q4 20244745
Q1 20254456
Q2 20255336

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 24 calls: $405.4kQ3 24 puts: $407.2kQ3 24P/C 1.00Q4 24 calls: $684.5kQ4 24 puts: $124.7kQ4 24P/C 0.18Q1 25 calls: $543.7kQ1 25 puts: $28.5kQ1 25P/C 0.05Q2 25 calls: $602.1kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$405.4k$407.2k1.00
Q4 2024$684.5k$124.7k0.18
Q1 2025$543.7k$28.5k0.05
Q2 2025$602.1k$00.00

Biggest buyers

HORIZON KINETICS ASSET MANAGEMENT LLC Added +823,435+823.4k
Bulldog Investors, LLP Added +260,000+260.0k
ROYAL BANK OF CANADA Added +144,271+144.3k
MORGAN STANLEY Added +56,415+56.4k
MILLENNIUM MANAGEMENT LLC New +55,335+55.3k
LEVIN CAPITAL STRATEGIES, L.P. Added +50,500+50.5k
GABELLI FUNDS LLC Added +49,000+49.0k
MARSHALL WACE, LLP New +45,374+45.4k
WINNACLE WEALTH LLC New +34,219+34.2k
Quantinno Capital Management LP Added +27,881+27.9k

Biggest sellers

Bank of New York Mellon Corp Reduced -245,361-245.4k
CITADEL ADVISORS LLC Sold out -138,367-138.4k
Acuitas Investments, LLC Reduced -91,516-91.5k
OFI INVEST ASSET MANAGEMENT Sold out -41,162-41.2k
JANE STREET GROUP, LLC Reduced -36,061-36.1k
CenterBook Partners LP Reduced -35,289-35.3k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -28,737-28.7k
BlackRock, Inc. Reduced -19,675-19.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -18,589-18.6k
OCCUDO QUANTITATIVE STRATEGIES LP Sold out -12,949-12.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $398.6k23.5k shares
CITADEL ADVISORS LLC Added $195.0k11.5k shares
GROUP ONE TRADING LLC New $8.5k500 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

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 2025

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 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 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 1 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20231$200.8k0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—1$486.1k$486.1k
Q1 20250—0——
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TOWERVIEW LLC 46.49% of their portfolio NEW YORK, NY 3,845,5003.8m $65.2m $65.2m 46.49% Unchanged
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,123,5472.1m $36.0m $36.0m 0.00% Added +13.9k +13,903
3 HORIZON KINETICS ASSET MANAGEMENT LLC 0.33% of their portfolio NEW YORK, NY 1,647,4971.6m $27.9m $27.9m 0.33% Added +823.4k +823,435
4 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,642,4561.6m $27.9m $27.9m 0.01% Added +23.2k +23,199
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,520,7721.5m $25.8m $25.8m 0.00% Reduced -19.7k -19,675
6 Bulldog Investors, LLP 3.39% of their portfolio SADDLE BROOK, NJ 789,999790.0k $13.4m $13.4m 3.39% Added +260.0k +260,000
7 GAMCO INVESTORS, INC. ET AL 0.12% of their portfolio GREENWICH, CT 732,827732.8k $12.4m $12.4m 0.12% Added +7.9k +7,900
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 580,079580.1k $9.8m $9.8m 0.00% Added +24.3k +24,268
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 501,474501.5k $8.5m $8.5m 0.00% Added +19.2k +19,171
10 FOUNDATION RESOURCE MANAGEMENT INC 1.27% of their portfolio LITTLE ROCK, AR 483,215483.2k $8.2m $8.2m 1.27% Added +2.2k +2,213
11 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 329,348329.3k $5.6m $5.6m 0.01% Added +6.9k +6,900
12 ROYCE & ASSOCIATES LP 0.05% of their portfolio New York, NY 313,818313.8k $5.3m $5.3m 0.05% Unchanged
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 200,702200.7k $3.4m $3.4m 0.00% Reduced -10.4k -10,375
14 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 195,000195.0k $3.3m $3.3m 0.02% Added +49.0k +49,000
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 193,001193.0k $3.3m $3.3m 0.00% Added +2.2k +2,162
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 164,226164.2k $2.8m $2.8m 0.00% Added +56.4k +56,415
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 151,462151.5k $2.6m $2.6m 0.00% Added +144.3k +144,271
18 Oppenheimer & Close, LLC 1.71% of their portfolio NEW YORK, NY 131,681131.7k $2.2m $2.2m 1.71% Unchanged
19 Brandywine Global Investment Management, LLC 0.01% of their portfolio PHILADELPHIA, PA 117,192117.2k $2.0m $2.0m 0.01% Added +19.5k +19,480
20 Acuitas Investments, LLC 1.53% of their portfolio Seattle, WA 113,163113.2k $1.9m $1.9m 1.53% Reduced -91.5k -91,516
21 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 109,950110.0k $1.9m $1.9m 0.00% Reduced -100 -100
22 CenterBook Partners LP 0.10% of their portfolio GREENWICH, CT 109,750109.8k $1.9m $1.9m 0.10% Reduced -35.3k -35,289
23 LEVIN CAPITAL STRATEGIES, L.P. 0.17% of their portfolio NEW YORK, NY 102,062102.1k $1.7m $1.7m 0.17% Added +50.5k +50,500
24 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 97,62097.6k $1.7m $1.7m 0.00% Reduced -4.4k -4,400
25 Teton Advisors, Inc. 0.87% of their portfolio Rye, NY 84,00084.0k $1.4m $1.4m 0.87% Reduced -500 -500
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 68,53668.5k $1.2m $1.2m 0.00% Reduced -245.4k -245,361
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 63,79463.8k $1.1m $1.1m 0.00% Reduced -5.8k -5,831
28 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 56,01356.0k $950.0k $950.0k 0.00% Added +27.9k +27,881
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 55,33555.3k $938.5k $938.5k 0.00% New
30 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 53,85953.9k $913.4k $913.4k 0.00% Reduced -12.2k -12,164
31 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 52,98853.0k $898.7k $898.7k 0.00% Added +5.1k +5,064
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 52,87952.9k $896.8k $896.8k 0.00% Added +11.5k +11,459
33 LEE DANNER & BASS INC 0.06% of their portfolio NASHVILLE, TN 47,00047.0k $797.1k $797.1k 0.06% Unchanged
34 REIK & CO., LLC 0.20% of their portfolio NEW YORK, NY 46,87946.9k $795.1k $795.1k 0.20% Unchanged
35 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 45,37445.4k $769.5k $769.5k 0.00% New
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 35,01335.0k $593.8k $593.8k 0.00% Added +13.9k +13,936
37 Accordant Advisory Group Inc 0.43% of their portfolio ANNAPOLIS, MD 34,21934.2k $580.4k $580.4k 0.43% Added +2.2k +2,211
38 WINNACLE WEALTH LLC 0.43% of their portfolio WACO, TX 34,21934.2k $580.4k $580.4k 0.43% New
39 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 33,44833.4k $567.3k $567.3k 0.00% Added +1.0k +1,018
40 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 30,17730.2k $511.8k $511.8k 0.00% Added +387 +387
41 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 27,65927.7k $469.1k $469.1k 0.00% Added +9.6k +9,557
42 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,70825.7k $436.0k $436.0k 0.00% Reduced -18.6k -18,589
43 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 24,49724.5k $416.0k $416.0k 0.00% Added +727 +727
44 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 22,55622.6k $382.5k $382.5k 0.00% Added +7.2k +7,163
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 22,03422.0k $373.7k $373.7k 0.00% Reduced -36.1k -36,061
46 Covestor Ltd 0.21% of their portfolio LONDON, X0 21,41221.4k $363.0k $363.0k 0.21% Unchanged
47 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 19,82219.8k $336.2k $336.2k 0.00% Added +3.9k +3,900
48 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 18,95219.0k $321.4k $321.4k 0.00% Added +937 +937
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 18,42518.4k $312.5k $312.5k 0.00% Added +2.1k +2,116
50 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 15,60015.6k $264.6k $264.6k 0.00% Unchanged
51 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 13,85213.9k $234.9k $234.9k 0.00% Reduced -271 -271
52 Arbiter Partners Capital Management LLC 0.21% of their portfolio NEW YORK, NY 13,74213.7k $233.1k $233.1k 0.21% Unchanged
53 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 13,72113.7k $232.7k $232.7k 0.00% Reduced -7.0k -6,986
54 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 13,70413.7k $232.4k $232.4k 0.00% Unchanged
55 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 13,01813.0k $220.8k $220.8k 0.00% Reduced -28.7k -28,737
56 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 11,94711.9k $202.6k $202.6k 0.00% Added +1.3k +1,303
57 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 11,52011.5k $195.4k $195.4k 0.00% Reduced -1.0k -1,034
58 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 11,51311.5k $195.3k $195.3k 0.00% New
59 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 11,34311.3k $192.0k $192.0k 0.00% Reduced -6.8k -6,793
60 Alan B Lancz & Associates, Inc. 0.19% of their portfolio TOLEDO, OH 11,07311.1k $187.8k $187.8k 0.19% Unchanged
61 Kennondale Capital Management LLC 0.19% of their portfolio RICHMOND, VA 10,96111.0k $185.9k $185.9k 0.19% Unchanged
62 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 10,32410.3k $175.1k $175.1k 0.00% Unchanged
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,9459.9k $168.7k $168.7k 0.00% Reduced -5.0k -4,960
64 Tortoise Investment Management, LLC 0.02% of their portfolio WHITE PLAINS, NY 9,3009.3k $157.7k $157.7k 0.02% Unchanged
65 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 7,8777.9k $133.6k $133.6k 0.00% Unchanged
66 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,7007.7k $130.6k $130.6k 0.00% Unchanged
67 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 7,1747.2k $121.7k $121.7k 0.00% New
68 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio DENVER, CO 5,7565.8k $98.0k $98.0k 0.00% Unchanged
69 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 5,3875.4k $91.4k $91.4k 0.00% Unchanged
70 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 4,1004.1k $69.5k $69.5k 0.00% Unchanged
71 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 2,2292.2k $37.8k $37.8k 0.00% Reduced -75 -75
72 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,2002.2k $37.3k $37.3k 0.00% Added +823 +823
73 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 2,0662.1k $35.0k $35.0k 0.00% Unchanged
74 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,9562.0k $33.2k $33.2k 0.00% Added +287 +287
75 Legal & General Group Plc 0.00% of their portfolio London, X0 1,9491.9k $33.1k $33.1k 0.00% Added +119 +119
76 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 1,8771.9k $31.8k $31.8k 0.00% Added +93 +93
77 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,7281.7k $29.0k $29.0k 0.00% Unchanged
78 Manchester Capital Management LLC 0.00% of their portfolio MANCHESTER, VT 1,3621.4k $23.1k $23.1k 0.00% Unchanged
79 AlphaQuest LLC 0.00% of their portfolio New York, NY 1,3271.3k $22.5k $22.5k 0.00% New
80 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,2311.2k $20.9k $20.9k 0.00% Added +65 +65
81 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1,1641.2k $19.7k $19.7k 0.00% Added +1.1k +1,137
82 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 816816 $13.8k $13.8k 0.00% Added +568 +568
83 COMERICA BANK 0.00% of their portfolio DALLAS, TX 728728 $12.3k $12.3k 0.00% Reduced -84 -84
84 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 725725 $12.0k $12.0k 0.00% Unchanged
85 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 686686 $11.6k $11.6k 0.00% Unchanged
86 CWM, LLC 0.00% of their portfolio OMAHA, NE 674674 $11.0k $11.0k 0.00% Added +122 +122
87 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 600600 $10.0k $10.0k 0.00% Unchanged
88 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 561561 $9.5k $9.5k 0.00% Added +200 +200
89 FMR LLC 0.00% of their portfolio BOSTON, MA 516516 $8.8k $8.8k 0.00% Added +325 +325
90 TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio HOLLAND, OH 400400 $6.8k $6.8k 0.00% New
91 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 283283 $4.8k $4.8k 0.00% Unchanged
92 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 253253 $4.3k $4.3k 0.00% Reduced -108 -108
93 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 251251 $4.3k $4.3k 0.00% Unchanged
94 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 226226 $3.8k $3.8k 0.00% Reduced -2.9k -2,891
95 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 156156 $2.6k $2.6k 0.00% Unchanged
96 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 155155 $2.6k $2.6k 0.00% Added +23 +23
97 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 143143 $2.4k $2.4k 0.00% New
98 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 126126 $2.1k $2.1k 0.00% New
99 Cheviot Value Management, LLC 0.00% of their portfolio BEVERLY HILLS, CA 120120 $2.0k $2.0k 0.00% Unchanged
100 HARBOR CAPITAL ADVISORS, INC. 0.00% of their portfolio CHICAGO, IL 9797 $2.0k $2.0k 0.00% Added +1 +1