UDR INC UDR
COM · REIT · CUSIP 902653104 · ISIN US9026531049
Real estate investment firm
* 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 ($28.5m this quarter). Holder counts are more reliable. Shares outstanding: 321.3m as of 2026-07-24, 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 ≈ $39.91. Options: 9 managers hold calls ($43.1m notional), 5 hold puts ($35.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 443 |
| Q4 2022 | 443 |
| Q1 2023 | 438 |
| Q2 2023 | 443 |
| Q3 2023 | 452 |
| Q4 2023 | 462 |
| Q1 2024 | 454 |
| Q2 2024 | 482 |
| Q3 2024 | 507 |
| Q4 2024 | 513 |
| Q1 2025 | 513 |
| Q2 2025 | 529 |
| Q3 2025 | 513 |
| Q4 2025 | 526 |
| Q1 2026 | 529 |
| Q2 2026 | 521 |
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 | 239 | 211 |
| Q4 2024 | 229 | 225 |
| Q1 2025 | 248 | 220 |
| Q2 2025 | 268 | 224 |
| Q3 2025 | 216 | 260 |
| Q4 2025 | 237 | 255 |
| Q1 2026 | 250 | 242 |
| Q2 2026 | 234 | 289 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $6.6m | $8.0m | 1.22 |
| Q4 2025 | $28.6m | $35.0m | 1.22 |
| Q1 2026 | $29.6m | $31.2m | 1.05 |
| Q2 2026 | $43.1m | $35.6m | 0.83 |
Biggest buyers
| CANADA PENSION PLAN INVESTMENT BOARD | New | +5.5m |
| Alyeska Investment Group, L.P. | New | +2.7m |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Added | +2.0m |
| Nuveen, LLC | Added | +1.6m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.3m |
| Gillson Capital LP | New | +1.2m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Added | +851.6k |
| Qube Research & Technologies Ltd | New | +808.8k |
| Squarepoint Ops LLC | Added | +612.4k |
| AQR CAPITAL MANAGEMENT LLC | Added | +592.4k |
Biggest sellers
| COHEN & STEERS, INC. | Reduced | -5.3m |
| BlackRock, Inc. | Reduced | -4.9m |
| PGGM Investments | Sold out | -3.5m |
| STATE STREET CORP | Reduced | -2.2m |
| CITADEL ADVISORS LLC | Reduced | -2.1m |
| PRUDENTIAL FINANCIAL INC | Reduced | -1.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.0m |
| STRS OHIO | Sold out | -902.3k |
| Balyasny Asset Management L.P. | Reduced | -832.3k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $30.2m756.5k shares |
| LANDMARK INVESTMENT PARTNERS, L.P. | New | $7.5m200.9k shares |
| J. Goldman & Co LP | New | $2.0m50.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.3m32.0k shares |
| Capula Management Ltd | Unchanged | $842.3k21.1k shares |
| CITADEL ADVISORS LLC | Reduced | $710.6k17.8k shares |
| SIMPLEX TRADING, LLC | Added | $303.4k7.6k shares |
| CenterStar Asset Management, LLC | New | $251.5k6.3k shares |
| GROUP ONE TRADING LLC | Reduced | $31.9k800 shares |
Biggest puts
| UBS Group AG | Unchanged | $32.7m820.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.7m43.0k shares |
| Capula Management Ltd | Unchanged | $842.3k21.1k shares |
| CITADEL ADVISORS LLC | Reduced | $235.5k5.9k shares |
| SIMPLEX TRADING, LLC | Added | $83.8k2.1k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-30 | 9.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.0% |
| Capital Research Global Investors 13G · institution new · filed 2026-05-14 | 7.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.1% |
Fell to 5% or below in the last year: COHEN & STEERS, INC. (4.8%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
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 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $1.1m | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $3.1m | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-05 | TOOMEY THOMAS W Chairman, President and CEO, director | Sold | $3.1m80.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 31.3m $1.2bn | Reduced -4.9m |
| NORGES BANK 0.12% of their portfolio | 29.5m $1.2bn | Not comparable |
| Capital Research Global Investors 0.14% of their portfolio | 25.6m $1.0bn | Reduced -59.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.05% of their portfolio | 25.5m $1.0bn | Reduced -746.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 20.3m $810.1m | Reduced -178.7k |
| STATE STREET CORP 0.02% of their portfolio | 19.4m $773.9m | Reduced -2.2m |
| COHEN & STEERS, INC. 0.97% of their portfolio | 15.4m $615.5m | Reduced -5.3m |
| FMR LLC 0.02% of their portfolio | 14.1m $562.3m | Added +384.0k |
| Invesco Ltd. 0.04% of their portfolio | 13.9m $553.3m | Added +160.2k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 3.14% of their portfolio | 9.2m $368.1m | Added +851.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 8.7m $346.3m | Reduced -66.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 6.2m $250.6m | Added +537.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio | 5.5m $219.6m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 5.5m $217.7m | Reduced -1.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 5.2m $206.9m | Added +172.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 4.8m $191.9m | Reduced -43.5k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 2.55% of their portfolio | 4.6m $182.9m | Added +2.0m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 4.0m $159.9m | Reduced -563.1k |
| Daiwa Securities Group Inc. 0.33% of their portfolio | 3.7m $145.8m | Reduced -802.0k |
| MORGAN STANLEY 0.01% of their portfolio | 3.3m $132.2m | Reduced -230.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.8m $113.3m | Added +164.2k |
| Alyeska Investment Group, L.P. 0.27% of their portfolio | 2.7m $106.4m | New |
| UBS Group AG 0.02% of their portfolio | 2.5m $99.5m | Added +461.4k |
| Nuveen, LLC 0.02% of their portfolio | 2.4m $94.3m | Added +1.6m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.2m $89.7m | Added +26.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 2.2m $87.3m | Reduced -741.7k |
| Legal & General Group Plc 0.02% of their portfolio | 2.0m $78.7m | Reduced -673.2k |
| Balyasny Asset Management L.P. 0.14% of their portfolio | 1.9m $77.2m | Reduced -832.3k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 1.7m $67.3m | Reduced -35.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 1.4m $57.0m | Reduced -729.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $56.4m | Added +234.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 1.4m $54.3m | Added +1.3m |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.3m $53.3m | Reduced -2.1m |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.13% of their portfolio | 1.2m $48.5m | Added +19.8k |
| Woodline Partners LP 0.15% of their portfolio | 1.2m $48.0m | Reduced -639.7k |
| PRUDENTIAL FINANCIAL INC 0.05% of their portfolio | 1.2m $47.9m | Reduced -1.3m |
| State of Tennessee, Department of Treasury 0.14% of their portfolio | 1.2m $47.3m | Reduced -1.7k |
| Hudson Bay Capital Management LP 0.22% of their portfolio | 1.2m $47.1m | Added +391.4k |
| Gillson Capital LP 2.76% of their portfolio | 1.2m $46.8m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.2m $46.3m | Added +66.9k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 1.63% of their portfolio | 1.1m $45.7m | Reduced -225.2k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.0m $40.3m | Added +592.4k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 1.0m $40.3m | Reduced -173.7k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 905.6k $36.2m | Reduced -318.3k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 884.5k $35.3m | Reduced -156.5k |
| APG Asset Management US Inc. 0.24% of their portfolio | 828.2k $33.6m | Unchanged |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 808.8k $32.3m | New |
| Callodine Capital Management, LP 2.11% of their portfolio | 804.6k $32.1m | Reduced -29.3k |
| Apollo Management Holdings, L.P. 0.42% of their portfolio | 754.1k $30.1m | Unchanged |
| Squarepoint Ops LLC 0.05% of their portfolio | 703.2k $28.1m | Added +612.4k |
| Hazelview Securities Inc. 3.95% of their portfolio | 693.8k $28.5m | Added +368.2k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 690.6k $27.6m | Reduced -155.1k |
| Investure, LLC 1.70% of their portfolio | 682.3k $27.2m | Unchanged |
| CITIGROUP INC 0.01% of their portfolio | 674.2k $26.9m | Reduced -220.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 664.0k $26.5m | Added +145.2k |
| Gotham Asset Management, LLC 0.06% of their portfolio | 641.5k $25.6m | Added +34.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 634.8k $25.3m | Added +8.9k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 623.4k $24.9m | Reduced -28.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 622.5k $24.8m | Reduced -298.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 620.4k $24.8m | Reduced -100.9k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 619.8k $24.7m | Reduced -362.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 616.3k $24.6m | Reduced -636.8k |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 608.6k $24.3m | Reduced -20.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 607.7k $24.4m | Reduced -55.3k |
| BARCLAYS PLC 0.01% of their portfolio | 607.6k $24.3m | Reduced -409.8k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 601.2k $24.0m | Added +335.1k |
| Swiss National Bank 0.01% of their portfolio | 589.1k $23.5m | Reduced -332.3k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 585.5k $23.4m | Reduced -91.0k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 578.4k $23.1m | Added +8.9k |
| Jain Global LLC 0.27% of their portfolio | 576.2k $23.0m | New |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 567.9k $22.7m | Reduced -54.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 545.3k $21.8m | Added +116.3k |
| SNOWWATER INVESTMENT PARTNERS, LLC 14.47% of their portfolio | 524.2k $20.9m | Added +513.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 519.2k $20.7m | Added +349.4k |
| NOMURA ASSET MANAGEMENT CO LTD 0.04% of their portfolio | 495.0k $19.8m | Reduced -81.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 491.0k $19.6m | Added +54.3k |
| Asset Management One Co., Ltd. 0.05% of their portfolio | 490.7k $19.6m | Reduced -103.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.06% of their portfolio | 470.1k $18.8m | Reduced -7.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 469.8k $18.8m | Added +38.1k |
| Amundi 0.00% of their portfolio | 452.1k $18.0m | Reduced -622.9k |
| Lighthouse Investment Partners, LLC 0.55% of their portfolio | 441.2k $17.6m | Added +48.1k |
| Schonfeld Strategic Advisors LLC 0.09% of their portfolio | 425.4k $17.0m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 402.9k $13.6m | Reduced -667.9k |
| Pacific Heights Asset Management LLC 0.51% of their portfolio | 400.0k $16.0m | Added +50.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 396.2k $15.8m | Reduced -69.5k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 385.9k $15.3m | Reduced -110.2k |
| BAMCO INC /NY/ 0.02% of their portfolio | 372.7k $14.9m | Reduced -399.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 341.7k $13.6m | Reduced -202.2k |
| EXCHANGE TRADED CONCEPTS, LLC 0.07% of their portfolio | 336.1k $13.4m | Added +171.9k |
| State of New Jersey Common Pension Fund D 0.04% of their portfolio | 326.4k $13.0m | Added +5.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 325.3k $13.0m | Reduced -1.0m |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.06% of their portfolio | 307.4k $12.3m | Added +87.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 305.3k $12.2m | Reduced -235.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 299.9k $12.0m | Added +135.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 294.7k $11.8m | Added +172.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 286.9k $11.5m | Reduced -19.5k |
| Vanguard Investments Australia, Ltd. 0.03% of their portfolio | 285.3k $11.4m | Reduced -80.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 278.6k $11.1m | Added +234.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 276.0k $11.0m | Reduced -104 |
| ALGERT GLOBAL LLC 0.13% of their portfolio | 272.9k $10.9m | New |