TEJON RANCH CO TRC
COM · Common Stock · CUSIP 879080109 · ISIN US8790801091
- SectorReal estate
- IndustryReal Estate
- HeadquartersLebec, CA
- 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 ($41.7k this quarter). Holder counts are more reliable. Shares outstanding: 27.0m as of 2026-04-30, 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 ≈ $18.34. Options: 2 managers hold calls ($702.7k notional), 0 hold puts (—).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 99 |
| Q4 2022 | 100 |
| Q1 2023 | 100 |
| Q2 2023 | 97 |
| Q3 2023 | 102 |
| Q4 2023 | 106 |
| Q1 2024 | 100 |
| Q2 2024 | 103 |
| Q3 2024 | 108 |
| Q4 2024 | 119 |
| Q1 2025 | 115 |
| Q2 2025 | 111 |
| Q3 2025 | 111 |
| Q4 2025 | 126 |
| Q1 2026 | 128 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 45 | 42 |
| Q3 2024 | 36 | 33 |
| Q4 2024 | 47 | 45 |
| Q1 2025 | 44 | 56 |
| Q2 2025 | 53 | 36 |
| Q3 2025 | 48 | 39 |
| Q4 2025 | 53 | 52 |
| Q1 2026 | 58 | 45 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $602.1k | $0 | 0.00 |
| Q3 2025 | $220.5k | $6.4k | 0.03 |
| Q4 2025 | $750.7k | $0 | 0.00 |
| Q1 2026 | $702.7k | $0 | 0.00 |
Biggest buyers
| LEE DANNER & BASS INC | Added | +637.9k |
| Nitor Capital Management LLC | Added | +335.5k |
| FRANKLIN RESOURCES INC | New | +106.2k |
| SEI INVESTMENTS CO | Added | +83.9k |
| MARSHALL WACE, LLP | New | +68.2k |
| LAZARD ASSET MANAGEMENT LLC | New | +43.8k |
| Quantinno Capital Management LP | Added | +34.5k |
| CITADEL ADVISORS LLC | Added | +32.3k |
| GOLDMAN SACHS GROUP INC | Added | +26.5k |
| Oakum Bay Capital LLC | New | +24.5k |
Biggest sellers
| DIMENSIONAL FUND ADVISORS LP | Reduced | -94.8k |
| Accordant Advisory Group Inc | Reduced | -49.4k |
| BlackRock, Inc. | Reduced | -33.6k |
| BARCLAYS PLC | Reduced | -28.8k |
| Sterling Capital Management LLC | Reduced | -22.0k |
| UBS Group AG | Reduced | -20.8k |
| WELLS FARGO & COMPANY/MN | Reduced | -15.2k |
| XTX Topco Ltd | Sold out | -12.4k |
| Dynamic Technology Lab Private Ltd | Sold out | -12.1k |
| SG Americas Securities, LLC | Sold out | -11.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $689.5k36.6k shares |
| GROUP ONE TRADING LLC | Added | $13.2k700 shares |
Biggest puts
| None |
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 |
|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC 13G · institution +1.0 pts · filed 2025-11-10 | 7.1% |
| Nitor Capital Management LLC 13G · institution new · filed 2026-05-05 | 6.2% |
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 Q1 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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $486.1k | $486.1k |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $99.4k | $99.4k |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| TOWERVIEW LLC 46.80% of their portfolio | 3.8m $72.4m | Unchanged |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.39% of their portfolio | 1.9m $35.8m | Reduced -10.0k |
| Nitor Capital Management LLC 16.34% of their portfolio | 1.7m $21.2m | Added +335.5k |
| BlackRock, Inc. 0.00% of their portfolio | 1.6m $29.3m | Reduced -33.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.5m $27.5m | Reduced -94.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.0m $19.2m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 982.7k $18.5m | First filing |
| Bulldog Investors, LLP 3.36% of their portfolio | 792.5k $14.9m | Added +1.0k |
| GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio | 737.9k $13.9m | Added +5.1k |
| LEE DANNER & BASS INC 0.82% of their portfolio | 695.4k $13.1m | Added +637.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 596.6k $11.2m | Added +12.2k |
| FOUNDATION RESOURCE MANAGEMENT INC 1.09% of their portfolio | 512.3k $9.7m | Added +17.5k |
| STATE STREET CORP 0.00% of their portfolio | 505.1k $9.5m | Added +6.3k |
| Concurrent Investment Advisors, LLC 0.09% of their portfolio | 447.8k $8.4m | Added +1.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 348.7k $6.6m | Added +15.9k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 313.8k $5.9m | Unchanged |
| Gem Investment Advisors, LLC 5.74% of their portfolio | 310.0k $5.8m | Unchanged |
| GABELLI FUNDS LLC 0.04% of their portfolio | 280.0k $5.3m | Added +17.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 193.8k $3.7m | Added +7.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 192.9k $3.6m | Reduced -1.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 168.9k $3.2m | Added +83.9k |
| Oppenheimer & Close, LLC 1.96% of their portfolio | 164.8k $3.1m | Added +23.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 161.9k $3.0m | First filing |
| MORGAN STANLEY 0.00% of their portfolio | 139.5k $2.6m | Added +10.0k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 111.3k $2.1m | Added +333 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 106.2k $2.0m | New |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 104.8k $2.0m | Added +2.7k |
| Quantinno Capital Management LP 0.00% of their portfolio | 104.0k $2.0m | Added +34.5k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.14% of their portfolio | 97.8k $1.8m | Reduced -4.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 95.0k $1.8m | Added +26.5k |
| Almitas Capital LLC 0.40% of their portfolio | 95.0k $1.8m | Added +1.9k |
| Topline Capital Management, LLC 0.29% of their portfolio | 94.3k $1.8m | Added +14.1k |
| Teton Advisors, LLC 1.09% of their portfolio | 82.0k $1.5m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 70.3k $1.3m | Reduced -3.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 68.2k $1.3m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 52.0k $979.0k | Added +6.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 51.7k $974.4k | Reduced -5.9k |
| UBS Group AG 0.00% of their portfolio | 49.0k $923.0k | Reduced -20.8k |
| Creative Planning 0.00% of their portfolio | 48.6k $916.1k | Reduced -9.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 48.5k $914.5k | Added +32.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 47.5k $894.2k | Added +13.3k |
| Nuveen, LLC 0.00% of their portfolio | 47.2k $889.8k | Reduced -6.6k |
| REIK & CO., LLC 0.24% of their portfolio | 46.9k $883.2k | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 43.8k $825.6k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 29.4k $554.0k | Reduced -2.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 26.8k $505.1k | Reduced -2.0k |
| Invesco Ltd. 0.00% of their portfolio | 25.8k $485.6k | Reduced -1.1k |
| Oakum Bay Capital LLC 0.25% of their portfolio | 24.5k $460.7k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 22.3k $352.0k | Added +1.3k |
| Covestor Ltd 0.28% of their portfolio | 21.4k $404.0k | Added +39 |
| Clayton Partners LLC 0.27% of their portfolio | 20.0k $376.8k | Added +2.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 19.9k $374.2k | Added +5.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 19.5k $367.3k | New |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 18.2k $343.0k | Added +7.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 16.5k $311.2k | Reduced -2.2k |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 15.6k $293.9k | Unchanged |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 14.6k $275.6k | New |
| CIBC Bancorp USA Inc. 0.00% of their portfolio | 14.6k $274.4k | First filing |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 14.0k $263.4k | Reduced -10.7k |
| Numerai GP LLC 0.03% of their portfolio | 13.4k $252.6k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 13.3k $250.2k | Added +1.3k |
| Arbiter Partners Capital Management LLC 0.17% of their portfolio | 13.0k $244.8k | Reduced -749 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 11.8k $222.0k | Reduced -166 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 11.6k $218.6k | First filing |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 10.0k $188.6k | Added +238 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 9.3k $175.2k | Reduced -15.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.8k $167.1k | Added +117 |
| CITIGROUP INC 0.00% of their portfolio | 7.8k $146.7k | Reduced -6.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 6.3k $118.3k | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio | 5.8k $108.0k | Unchanged |
| Eurizon Capital SGR S.p.A. 0.00% of their portfolio | 5.5k $105.6k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 5.4k $101.5k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 4.6k $86.5k | Reduced -2.0k |
| STRS OHIO 0.00% of their portfolio | 4.1k $77.2k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 4.0k $74.8k | Reduced -28.8k |
| Quent Capital, LLC 0.01% of their portfolio | 3.9k $73.5k | Unchanged |
| Versant Capital Management, Inc 0.01% of their portfolio | 3.4k $64.7k | Added +1.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 3.4k $63.5k | Added +923 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.3k $43.2k | Added +1.6k |
| US BANCORP \DE\ 0.00% of their portfolio | 2.1k $39.1k | Added +44 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 2.1k $38.9k | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 2.0k $36.9k | Added +1.3k |
| Legal & General Group Plc 0.00% of their portfolio | 1.8k $33.8k | Unchanged |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 1.6k $30.7k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.1k $21.4k | Reduced -156 |
| Princeton Global Asset Management LLC 0.00% of their portfolio | 1.0k $18.8k | Unchanged |
| GAMMA Investing LLC 0.00% of their portfolio | 907 $17.1k | Added +262 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 903 $17.0k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 872 $16.4k | Unchanged |
| FMR LLC 0.00% of their portfolio | 865 $16.3k | Added +225 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 700 $13.2k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 697 $13.1k | Reduced -22.0k |
| CWM, LLC 0.00% of their portfolio | 689 $13.0k | Reduced -42 |
| Allworth Financial LP 0.00% of their portfolio | 575 $10.8k | Added +32 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 552 $10.0k | Reduced -459 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 402 $7.6k | Reduced -526 |
| TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio | 400 $7.5k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 355 $6.7k | Added +24 |
| Legacy Wealth Managment, LLC/ID 0.00% of their portfolio | 347 $6.5k | Reduced -101 |
| Key Financial Inc 0.00% of their portfolio | 283 $5.3k | Unchanged |