UMH PPTYS INC UMH
COM · REIT · CUSIP 903002103
Real estate developer
* 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 ($1.8m this quarter). Holder counts are more reliable. Shares outstanding: 84.9m as of 2025-08-01, 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 ≈ $16.79. Options: 3 managers hold calls ($34.8k notional), 3 hold puts ($90.4k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 177 |
| Q4 2022 | 174 |
| Q1 2023 | 186 |
| Q2 2023 | 179 |
| Q3 2023 | 189 |
| Q4 2023 | 201 |
| Q1 2024 | 197 |
| Q2 2024 | 198 |
| Q3 2024 | 223 |
| Q4 2024 | 232 |
| Q1 2025 | 241 |
| Q2 2025 | 237 |
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 2023 | 99 | 68 |
| Q4 2023 | 117 | 65 |
| Q1 2024 | 98 | 88 |
| Q2 2024 | 102 | 69 |
| Q3 2024 | 121 | 79 |
| Q4 2024 | 130 | 80 |
| Q1 2025 | 107 | 99 |
| Q2 2025 | 115 | 97 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $402.4k | $314.4k | 0.78 |
| Q4 2024 | $4.9k | $33.7k | 6.89 |
| Q1 2025 | $17.8k | $46.0k | 2.58 |
| Q2 2025 | $34.8k | $90.4k | 2.60 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +783.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +459.9k |
| STRS OHIO | Added | +457.2k |
| Capital Research Global Investors | Added | +434.7k |
| VANGUARD GROUP INC | Added | +384.4k |
| GOLDMAN SACHS GROUP INC | Added | +316.3k |
| AMERICAN CENTURY COMPANIES INC | Added | +283.7k |
| STATE STREET CORP | Added | +226.0k |
| RENAISSANCE TECHNOLOGIES LLC | New | +180.4k |
| ALLIANCEBERNSTEIN L.P. | Added | +162.0k |
Biggest sellers
| Nuveen, LLC | Reduced | -485.3k |
| SEI INVESTMENTS CO | Reduced | -263.1k |
| Copeland Capital Management, LLC | Reduced | -191.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -147.3k |
| MARSHALL WACE, LLP | Reduced | -103.5k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -101.3k |
| JPMORGAN CHASE & CO | Reduced | -73.8k |
| Qube Research & Technologies Ltd | Reduced | -67.7k |
| NORTHERN TRUST CORP | Reduced | -55.2k |
| PRINCIPAL FINANCIAL GROUP INC | Sold out | -38.8k |
Biggest calls
| SIMPLEX TRADING, LLC | Added | $23.0k1.4k shares |
| GROUP ONE TRADING LLC | Reduced | $11.8k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $82.0k4.9k shares |
| GROUP ONE TRADING LLC | New | $8.4k500 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-30 | 9.7% |
Erez REIT Opportunities LP
13D · may seek influence
no change · filed 2026-09-29
Stated purposeOn September 28, 2026, Erez Asset Management launched a campaign website located at www.saveUMH.com and issued a presentation (the "September 28 Presentation") outlining its "case for change" at the Issuer and disclosing that it intends to seek Board change and solicit shareholders in support of such change at the Issuer's upcoming annual meeting. The foregoing description of the September 28 Presentation does not purport to be complete and is qualified in its entirety by reference to the full text of the September 28 Presentation, attached hereto as Exhibit 99.1, and is incorporated herein by reference. Full filing |
5.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: T. Rowe Price Investment Management, Inc. (4.3%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Capital Research Global Investors (4.3%, 2025-11-13)
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 2 | $21.0k | 1 | $15.3k | — |
| Q4 2023 | 3 | $3.5k | 2 | $28.8k | — |
| Q1 2024 | 2 | $3.5k | 1 | $18.0k | $18.0k |
| Q2 2024 | 1 | $72.6k | 2 | $531.2k | — |
| Q3 2024 | 0 | — | 1 | $52.8k | — |
| Q4 2024 | 1 | $1,000 | 4 | $1.1m | — |
| Q1 2025 | 1 | $1,000 | 0 | — | — |
| Q2 2025 | 1 | $50 | 3 | $3.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-20 | BUTEWICZ AMY LYNN Director · UMH Properties, Inc. | Sold | $47.5k2.8k shares |
| 2025-06-09 | LANDY SAMUEL A President and CEO, director · UMH Properties, Inc. | Sold | $421.8k25.0k shares |
| 2025-05-19 | LANDY SAMUEL A President and CEO, director · UMH Properties, Inc. | Sold | $427.8k25.0k shares |
| 2025-05-15 | Mitchell William Edward Director · Mitchell Portfolio Management · UMH Properties, Inc. | Sold | $677.2k40.0k shares |
| 2025-05-09 | Mitchell William Edward Director · Mitchell Portfolio Management · UMH Properties, Inc. | Sold | $1.0m59.8k shares |
| 2025-05-08 | Mitchell William Edward Director · Mitchell Portfolio Management · UMH Properties, Inc. | Sold | $1.2m70.9k shares |
| 2025-04-03 | Carus Jeffrey A Director · Custodial account for Son, Daniel · UMH Properties, Inc. | Bought | $503 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 7.9m $132.8m | Added +384.4k |
| BlackRock, Inc. 0.00% of their portfolio | 7.3m $122.3m | Added +102.7k |
| T. Rowe Price Investment Management, Inc. 0.06% of their portfolio | 6.1m $102.5m | Added +783.1k |
| Capital Research Global Investors 0.02% of their portfolio | 5.5m $91.9m | Added +434.7k |
| STATE STREET CORP 0.00% of their portfolio | 3.5m $58.4m | Added +226.0k |
| FMR LLC 0.00% of their portfolio | 2.7m $45.8m | Added +818 |
| Copeland Capital Management, LLC 0.88% of their portfolio | 2.6m $42.8m | Reduced -191.7k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 2.4m $40.1m | Added +283.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.0m $33.6m | Added +103.4k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 1.8m $29.5m | Reduced -147.3k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 1.5m $25.8m | Added +150.7k |
| PRIVATE MANAGEMENT GROUP INC 0.66% of their portfolio | 1.2m $20.5m | Reduced -9.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $20.0m | Added +91.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $19.7m | Reduced -55.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.1m $18.9m | Added +104.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.1m $18.7m | Added +14.5k |
| D.A. DAVIDSON & CO. 0.13% of their portfolio | 1.1m $18.2m | Added +98.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.1m $17.8m | Added +162.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 929.1k $15.6m | Reduced -101.3k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 594.0k $10.0m | Added +33.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 587.3k $9.9m | Added +316.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 550.9k $9.2m | Reduced -21.7k |
| Nuveen, LLC 0.00% of their portfolio | 541.9k $9.1m | Reduced -485.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 536.0k $9.0m | Added +459.9k |
| APG Asset Management US Inc. 0.06% of their portfolio | 483.1k $8.2m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 473.3k $7.9m | Reduced -22.6k |
| STRS OHIO 0.03% of their portfolio | 470.8k $7.9m | Added +457.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 419.4k $7.0m | Reduced -14.9k |
| State of New Jersey Common Pension Fund D 0.03% of their portfolio | 419.2k $7.0m | Added +7.5k |
| Cherokee Insurance Co 2.78% of their portfolio | 379.1k $6.4m | Added +5.2k |
| Legal & General Group Plc 0.00% of their portfolio | 374.5k $6.3m | Added +17.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 365.5k $6.1m | Reduced -9.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 361.0k $6.1m | Added +19.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 351.9k $5.9m | Added +160.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 336.6k $5.7m | Reduced -30.2k |
| UBS Group AG 0.00% of their portfolio | 331.6k $5.6m | Added +89.9k |
| CITIGROUP INC 0.00% of their portfolio | 314.4k $5.3m | Added +50.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 299.9k $5.0m | Reduced -73.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 289.7k $4.9m | Reduced -1.8k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 283.8k $4.8m | Reduced -9.0k |
| MONTAG A & ASSOCIATES INC 0.22% of their portfolio | 265.8k $4.5m | Unchanged |
| McIlrath & Eck, LLC 0.49% of their portfolio | 256.0k $4.3m | Reduced -10.4k |
| Pacific Heights Asset Management LLC 0.22% of their portfolio | 250.0k $4.2m | Unchanged |
| STOREBRAND ASSET MANAGEMENT AS 0.01% of their portfolio | 234.6k $3.9m | Reduced -3.1k |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 209.9k $3.5m | Reduced -618 |
| Invesco Ltd. 0.00% of their portfolio | 203.8k $3.4m | Added +23.1k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 196.5k $3.3m | Reduced -67.7k |
| BARCLAYS PLC 0.00% of their portfolio | 185.8k $3.1m | Added +52.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 180.4k $3.0m | New |
| WEDBUSH SECURITIES INC 0.11% of their portfolio | 180.4k $3.0m | Reduced -2.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 178.0k $3.0m | Reduced -4.9k |
| North Star Investment Management Corp. 0.20% of their portfolio | 175.0k $2.9m | Unchanged |
| DEPRINCE RACE & ZOLLO INC 0.06% of their portfolio | 170.4k $2.9m | Reduced -26.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 169.9k $2.9m | Reduced -9.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 161.7k $2.7m | Reduced -103.5k |
| NFJ INVESTMENT GROUP, LLC 0.09% of their portfolio | 161.5k $2.7m | Reduced -1.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 157.6k $2.6m | Reduced -263.1k |
| CONNORS INVESTOR SERVICES INC 0.23% of their portfolio | 155.4k $2.6m | Added +33.0k |
| Swiss National Bank 0.00% of their portfolio | 149.8k $2.5m | Added +4.5k |
| LDR Capital Management LLC 3.00% of their portfolio | 138.2k $2.3m | Added +1.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 133.1k $2.2m | Reduced -3.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 132.8k $2.2m | Added +13.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 122.5k $2.1m | Reduced -995 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 118.6k $2.0m | Added +14.3k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 116.8k $2.0m | Added +8.5k |
| WealthTrust Axiom LLC 0.57% of their portfolio | 114.7k $1.9m | Reduced -8.6k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 112.2k $1.9m | Added +13.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 111.4k $1.9m | Added +8.3k |
| Silver Lake Advisory, LLC 0.79% of their portfolio | 110.3k $1.9m | Added +1.3k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.07% of their portfolio | 108.0k $1.8m | Added +19.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 99.1k $1.7m | Added +23.8k |
| GW HENSSLER & ASSOCIATES LTD 0.09% of their portfolio | 96.4k $1.6m | Unchanged |
| CALDWELL SUTTER CAPITAL, INC. 0.69% of their portfolio | 89.5k $1.5m | Reduced -721 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 88.7k $1.5m | Added +6.1k |
| Hunter Perkins Capital Management, LLC 0.35% of their portfolio | 87.6k $1.5m | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 85.7k $1.4m | Added +21.3k |
| SHUFRO ROSE & CO LLC 0.13% of their portfolio | 84.8k $1.6m | Reduced -1.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 81.0k $1.4m | Reduced -17.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 80.6k $1.4m | Added +1.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 80.2k $1.3m | Added +6.7k |
| PEAPACK GLADSTONE FINANCIAL CORP 0.02% of their portfolio | 73.0k $1.2m | Unchanged |
| GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio | 70.3k $1.2m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 69.5k $1.2m | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 65.2k $1.1m | Added +21.4k |
| Vestcor Inc 0.03% of their portfolio | 59.8k $1.0m | New |
| Susquehanna Portfolio Strategies, LLC 0.02% of their portfolio | 57.7k $969.3k | New |
| Man Group plc 0.00% of their portfolio | 57.2k $960.5k | Reduced -8.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 54.1k $908.8k | Added +5.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 53.5k $897.7k | Added +5.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio | 51.9k $870.6k | Reduced -1.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 51.4k $862.6k | New |
| BARD ASSOCIATES INC 0.26% of their portfolio | 49.0k $822.5k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 49.0k $821.9k | Added +4.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 46.1k $774.7k | New |
| BAILARD, INC. 0.02% of their portfolio | 44.7k $750.5k | Added +27.7k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 44.5k $746.5k | Added +2.3k |
| Pensionfund PDN 0.50% of their portfolio | 43.9k $737.0k | Unchanged |
| Clear Creek Financial Management, LLC 0.07% of their portfolio | 43.2k $725.1k | Added +148 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 42.8k $718.5k | Reduced -180 |
| Boston Partners 0.00% of their portfolio | 40.4k $679.0k | Added +60 |