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 ($46.3k this quarter). Holder counts are more reliable. Shares outstanding: 27.0m as of 2026-08-03, 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 ≈ $18.70. Options: 2 managers hold calls ($652.6k notional), 1 hold puts ($5.6k).
Trends to Q2 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 |
| Q2 2026 | 125 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 59 | 41 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $220.5k | $6.4k | 0.03 |
| Q4 2025 | $750.7k | $0 | 0.00 |
| Q1 2026 | $702.7k | $0 | 0.00 |
| Q2 2026 | $652.6k | $5.6k | 0.01 |
Biggest buyers
| Nitor Capital Management LLC | Added | +117.3k |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Added | +109.1k |
| BlackRock, Inc. | Added | +68.2k |
| GOLDMAN SACHS GROUP INC | Added | +53.1k |
| D. E. Shaw & Co., Inc. | Added | +46.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +42.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +38.8k |
| EQUITABLE TRUST CO | New | +20.0k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +19.9k |
| Ethic Inc. | New | +18.4k |
Biggest sellers
| DIMENSIONAL FUND ADVISORS LP | Reduced | -89.9k |
| SEI INVESTMENTS CO | Reduced | -83.8k |
| MARSHALL WACE, LLP | Sold out | -68.2k |
| GAMCO INVESTORS, INC. ET AL | Reduced | -27.6k |
| Clayton Partners LLC | Sold out | -20.0k |
| LEE DANNER & BASS INC | Reduced | -20.0k |
| JANE STREET GROUP, LLC | Sold out | -19.5k |
| LEVIN CAPITAL STRATEGIES, L.P. | Reduced | -15.5k |
| ExodusPoint Capital Management, LP | Sold out | -14.6k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -14.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $643.3k34.4k shares |
| GROUP ONE TRADING LLC | Reduced | $9.3k500 shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $5.6k300 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 |
|---|---|
| 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| TOWERVIEW LLC 47.16% of their portfolio | 3.8m $71.9m | Unchanged |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.43% of their portfolio | 2.0m $37.6m | Added +109.1k |
| Nitor Capital Management LLC 22.71% of their portfolio | 1.8m $33.6m | Added +117.3k |
| BlackRock, Inc. 0.00% of their portfolio | 1.6m $30.4m | Added +68.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.4m $25.6m | Reduced -89.9k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.1m $19.9m | Added +42.8k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 986.2k $18.4m | Added +3.5k |
| Bulldog Investors, LLP 3.26% of their portfolio | 793.4k $14.8m | Added +914 |
| GAMCO INVESTORS, INC. ET AL 0.12% of their portfolio | 710.3k $13.3m | Reduced -27.6k |
| LEE DANNER & BASS INC 0.73% of their portfolio | 675.4k $12.6m | Reduced -20.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 635.4k $11.9m | Added +38.8k |
| FOUNDATION RESOURCE MANAGEMENT INC 1.12% of their portfolio | 514.0k $9.6m | Added +1.7k |
| STATE STREET CORP 0.00% of their portfolio | 506.3k $9.5m | Added +1.2k |
| Concurrent Investment Advisors, LLC 0.07% of their portfolio | 448.7k $8.4m | Added +913 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 368.6k $6.9m | Added +19.9k |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 313.8k $5.9m | Unchanged |
| Gem Investment Advisors, LLC 3.56% of their portfolio | 310.0k $5.8m | Unchanged |
| GABELLI FUNDS LLC 0.03% of their portfolio | 269.0k $5.0m | Reduced -11.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 208.5k $3.9m | Added +14.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 194.7k $3.6m | Added +1.8k |
| Oppenheimer & Close, LLC 1.94% of their portfolio | 164.8k $3.1m | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 163.7k $3.1m | Added +1.8k |
| MORGAN STANLEY 0.00% of their portfolio | 154.7k $2.9m | Added +15.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 148.1k $2.8m | Added +53.1k |
| Quantinno Capital Management LP 0.00% of their portfolio | 113.9k $2.1m | Added +9.9k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 111.2k $2.1m | Reduced -107 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 110.3k $2.1m | Added +4.1k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 100.0k $1.9m | Reduced -4.9k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 98.0k $1.8m | Added +46.0k |
| Almitas Capital LLC 0.40% of their portfolio | 90.3k $1.7m | Reduced -4.7k |
| Topline Capital Management, LLC 0.41% of their portfolio | 85.2k $1.6m | Reduced -9.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 85.1k $1.6m | Reduced -83.8k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.10% of their portfolio | 82.3k $1.5m | Reduced -15.5k |
| Teton Advisors, LLC 0.87% of their portfolio | 80.9k $1.5m | Reduced -1.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 74.8k $1.4m | Added +4.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 54.6k $1.0m | Added +2.9k |
| Nuveen, LLC 0.00% of their portfolio | 53.6k $1.0m | Added +6.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 49.3k $921.5k | Added +742 |
| Creative Planning 0.00% of their portfolio | 48.6k $908.3k | Reduced -51 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 48.1k $898.6k | Added +590 |
| REIK & CO., LLC 0.23% of their portfolio | 46.9k $876.6k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 46.0k $860.6k | Reduced -3.0k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 44.0k $822.2k | Added +149 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 30.3k $567.0k | Added +929 |
| Invesco Ltd. 0.00% of their portfolio | 29.3k $547.2k | Added +3.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 27.4k $512.9k | Added +619 |
| Arbiter Partners Capital Management LLC 0.13% of their portfolio | 26.0k $485.9k | Added +13.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 23.3k $439.4k | Added +1.0k |
| Covestor Ltd 0.23% of their portfolio | 21.4k $400.0k | Reduced -39 |
| CITIGROUP INC 0.00% of their portfolio | 21.3k $399.1k | Added +13.6k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 20.8k $389.2k | Added +4.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 20.6k $384.4k | Added +695 |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 20.2k $377.4k | Added +2.0k |
| EQUITABLE TRUST CO 0.02% of their portfolio | 20.0k $374.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 18.9k $354.0k | Added +9.6k |
| Ethic Inc. 0.00% of their portfolio | 18.4k $344.5k | New |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 15.6k $291.7k | Unchanged |
| PKS Advisory Services, LLC 0.05% of their portfolio | 15.5k $289.1k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 15.3k $285.8k | Added +2.0k |
| CIBC Bancorp USA Inc. 0.00% of their portfolio | 15.2k $284.0k | Added +626 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 14.4k $268.8k | Added +11.0k |
| Numerai GP LLC 0.02% of their portfolio | 14.1k $263.0k | Added +657 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.1k $226.3k | Added +318 |
| TWO SIGMA SECURITIES, LLC 0.02% of their portfolio | 11.4k $213.5k | New |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 10.3k $192.0k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 9.8k $184.2k | Reduced -161 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 9.2k $174.2k | Added +461 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 9.1k $169.5k | Reduced -2.5k |
| FMR LLC 0.00% of their portfolio | 8.1k $151.4k | Added +7.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 6.3k $117.4k | 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 $104.2k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 5.4k $100.7k | Unchanged |
| STRS OHIO 0.00% of their portfolio | 4.1k $76.7k | Unchanged |
| Quent Capital, LLC 0.00% of their portfolio | 3.9k $72.8k | Unchanged |
| Versant Capital Management, Inc 0.01% of their portfolio | 3.4k $64.2k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 3.4k $63.0k | Reduced -603 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.1k $58.1k | Reduced -1.5k |
| Legal & General Group Plc 0.00% of their portfolio | 2.1k $40.1k | Added +346 |
| US BANCORP \DE\ 0.00% of their portfolio | 2.1k $38.7k | Reduced -2 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 2.1k $38.6k | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 2.0k $36.6k | Unchanged |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 1.3k $24.8k | Reduced -300 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.3k $24.7k | Reduced -974 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.0k $19.0k | Added +448 |
| GAMMA Investing LLC 0.00% of their portfolio | 931 $17.4k | Added +24 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 903 $16.9k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 872 $16.3k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 852 $15.9k | Added +599 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 700 $13.1k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 433 $8.1k | Reduced -264 |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 414 $7.7k | Added +258 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 402 $7.5k | Unchanged |
| TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio | 400 $7.5k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 295 $5.5k | Reduced -843 |
| Key Financial Inc 0.00% of their portfolio | 283 $5.3k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 160 $3.0k | Reduced -195 |
| Larson Financial Group LLC 0.00% of their portfolio | 143 $2.7k | Unchanged |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.00% of their portfolio | 135 $2.5k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 133 $2.5k | Unchanged |