VORNADO RLTY TR VNO
SH BEN INT · REIT · CUSIP 929042109 · ISIN US9290421091
* 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 ($392.9k this quarter). Holder counts are more reliable. Shares outstanding: 190.5m as of 2024-06-30, 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 ≈ $26.29. Options: 17 managers hold calls ($51.5m notional), 19 hold puts ($46.0m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 357 |
| Q4 2022 | 361 |
| Q1 2023 | 311 |
| Q2 2023 | 323 |
| Q3 2023 | 331 |
| Q4 2023 | 368 |
| Q1 2024 | 345 |
| Q2 2024 | 340 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 204 | 177 |
| Q1 2023 | 170 | 181 |
| Q2 2023 | 165 | 150 |
| Q3 2023 | 161 | 146 |
| Q4 2023 | 163 | 159 |
| Q1 2024 | 145 | 183 |
| Q2 2024 | 152 | 167 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $61.4m | $123.5m | 2.01 |
| Q4 2023 | $85.6m | $103.0m | 1.20 |
| Q1 2024 | $59.0m | $46.5m | 0.79 |
| Q2 2024 | $51.5m | $46.0m | 0.89 |
Biggest buyers
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | New | +1.2m |
| CITADEL ADVISORS LLC | Added | +1.0m |
| BANK OF MONTREAL /CAN/ | Added | +818.8k |
| Caisse de depot et placement du Quebec | New | +700.0k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | New | +619.6k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | Added | +612.8k |
| JPMORGAN CHASE & CO | Added | +606.5k |
| Sumitomo Mitsui Trust Group, Inc. | Added | +590.2k |
| Hudson Bay Capital Management LP | New | +586.6k |
| D. E. Shaw & Co., Inc. | Added | +549.9k |
Biggest sellers
| MORGAN STANLEY | Reduced | -8.2m |
| DEUTSCHE BANK AG\ | Reduced | -2.5m |
| Castle Hook Partners LP | Sold out | -927.0k |
| NATIONAL BANK OF CANADA /FI/ | Sold out | -917.1k |
| Russell Investments Group, Ltd. | Reduced | -907.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -824.6k |
| Waterfront Capital Partners, LLC | Sold out | -622.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -580.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -570.9k |
| NATIXIS | Reduced | -424.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $10.1m384.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.7m369.6k shares |
| GROUP ONE TRADING LLC | Reduced | $6.8m256.8k shares |
| SIMPLEX TRADING, LLC | Added | $6.7m256.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $3.6m138.8k shares |
| IMC-Chicago, LLC | Added | $2.4m92.3k shares |
| JANE STREET GROUP, LLC | Reduced | $2.2m84.9k shares |
| WOLVERINE TRADING, LLC | Added | $2.2m84.7k shares |
| Squarepoint Ops LLC | Added | $2.0m76.5k shares |
| BARCLAYS PLC | Reduced | $1.3m50.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $12.5m476.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.5m438.7k shares |
| Squarepoint Ops LLC | Added | $4.8m181.2k shares |
| Crawford Fund Management, LLC | Added | $4.7m180.0k shares |
| SIMPLEX TRADING, LLC | Added | $2.4m91.0k shares |
| Walleye Capital LLC | Added | $1.9m70.5k shares |
| IMC-Chicago, LLC | Added | $1.7m65.9k shares |
| GROUP ONE TRADING LLC | Reduced | $1.7m65.6k shares |
| JANE STREET GROUP, LLC | Added | $1.2m45.5k shares |
| WOLVERINE TRADING, LLC | Added | $822.9k31.3k 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 |
|---|---|
| NORGES BANK 13G · institution filed 2026-05-11 | 7.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.7% |
| FRANKLIN RESOURCES INC 13G · institution +1.1 pts · filed 2026-04-29 | 6.9% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution new · filed 2026-08-14 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $542.3k | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $20.5m | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 24.2m $635.7m | Reduced -85.2k |
| BlackRock Inc. 0.01% of their portfolio | 20.9m $548.3m | Reduced -186.3k |
| NORGES BANK 0.07% of their portfolio | 17.3m $455.9m | Unchanged |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 10.5m $276.4m | Added +400.8k |
| Brookfield Corp /ON/ 1.54% of their portfolio | 9.4m $246.0m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 8.6m $227.0m | Reduced -137.8k |
| Kemnay Advisory Services Inc. 31.89% of their portfolio | 5.8m $153.4m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 5.6m $147.6m | Reduced -580.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.1m $80.7m | Added +83.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.7m $69.7m | Reduced -27.3k |
| EARNEST PARTNERS LLC 0.32% of their portfolio | 2.6m $67.4m | Reduced -23.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.5m $65.7m | Added +2.1k |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $58.2m | Reduced -8.2m |
| NOMURA HOLDINGS INC 0.36% of their portfolio | 2.2m $56.8m | Added +35.0k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 2.1m $55.8m | Added +549.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.1m $55.8m | Added +606.5k |
| Legal & General Group Plc 0.02% of their portfolio | 2.1m $54.0m | Reduced -137.5k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.66% of their portfolio | 2.0m $51.9m | Added +612.8k |
| First Pacific Advisors, LP 0.69% of their portfolio | 1.9m $50.7m | Reduced -3.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.8m $46.5m | Added +132.3k |
| Amundi 0.02% of their portfolio | 1.7m $44.9m | Reduced -19.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.5m $40.6m | Added +24.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $36.5m | Added +93.3k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.4m $36.4m | Added +1.0m |
| ING GROEP NV 0.20% of their portfolio | 1.3m $34.1m | Added +76.9k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.33% of their portfolio | 1.2m $30.5m | New |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $28.7m | Added +127.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.0m $27.5m | Added +125.5k |
| H/2 CREDIT MANAGER LP 7.14% of their portfolio | 1.0m $26.5m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 927.3k $24.4m | Reduced -7.3k |
| PRIVATE MANAGEMENT GROUP INC 0.90% of their portfolio | 886.4k $23.3m | Reduced -2.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 855.6k $22.5m | Added +818.8k |
| JUPITER ASSET MANAGEMENT LTD 0.21% of their portfolio | 852.7k $22.4m | Added +407.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 771.9k $20.3m | Added +590.2k |
| CIBC WORLD MARKETS CORP 0.13% of their portfolio | 760.0k $20.0m | Added +350.0k |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 700.0k $18.4m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 638.0k $16.8m | Reduced -2.5m |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 0.70% of their portfolio | 619.6k $16.3m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 605.4k $15.9m | Reduced -42.1k |
| Nixon Capital, LLC 7.18% of their portfolio | 598.1k $15.7m | Added +15.8k |
| Hudson Bay Capital Management LP 0.12% of their portfolio | 586.6k $15.4m | New |
| BARCLAYS PLC 0.01% of their portfolio | 577.1k $15.2m | Reduced -23.5k |
| Advisors Capital Management, LLC 0.26% of their portfolio | 569.9k $15.0m | Added +12.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 534.0k $14.0m | Reduced -69.4k |
| CIBC WORLD MARKET INC. 0.03% of their portfolio | 525.1k $13.8m | Added +375.0k |
| Gotham Asset Management, LLC 0.18% of their portfolio | 519.4k $13.7m | Added +123.6k |
| UBS Group AG 0.00% of their portfolio | 507.4k $13.3m | Added +19.9k |
| MASTERS CAPITAL MANAGEMENT LLC 2.35% of their portfolio | 500.0k $13.1m | Added +290.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 489.8k $12.9m | Reduced -15.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 483.6k $12.6m | Added +120.9k |
| State of Tennessee, Department of Treasury 0.05% of their portfolio | 482.8k $12.7m | Reduced -94.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 480.3k $12.6m | Added +11.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 461.7k $12.1m | Added +105.2k |
| NAN FUNG TRINITY (HK) LTD 2.16% of their portfolio | 381.6k $10.0m | Added +222.5k |
| Adelante Capital Management LLC 0.74% of their portfolio | 354.2k $9.3m | Reduced -26.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 345.1k $9.1m | Reduced -907.9k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 343.3k $9.0m | Added +15.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 342.1k $9.0m | Added +21.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 341.8k $9.0m | Reduced -971 |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 330.7k $8.7m | Reduced -1 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 324.8k $8.5m | Reduced -38.2k |
| NATIXIS 0.05% of their portfolio | 324.7k $8.5m | Reduced -424.8k |
| Swiss National Bank 0.01% of their portfolio | 319.2k $8.4m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 306.6k $8.1m | Added +56.2k |
| GUGGENHEIM CAPITAL LLC 0.06% of their portfolio | 303.4k $8.0m | Added +89.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio | 293.4k $7.7m | Reduced -2.6k |
| Jefferies Financial Group Inc. 0.15% of their portfolio | 292.4k $7.7m | Added +193.5k |
| TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio | 291.2k $7.7m | New |
| STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio | 284.7k $7.5m | Reduced -26.2k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 283.7k $7.5m | Reduced -1.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 278.3k $7.3m | Reduced -9.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 250.3k $6.6m | Reduced -824.6k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 234.5k $6.2m | Reduced -3.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 222.7k $5.9m | Added +8.5k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 218.8k $5.8m | Added +210.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 206.8k $5.4m | Reduced -10.2k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 203.7k $5.4m | Reduced -10.3k |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.09% of their portfolio | 203.6k $5.4m | New |
| Corebridge Financial, Inc. 0.03% of their portfolio | 202.5k $5.3m | First filing |
| NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio | 200.8k $5.3m | Added +5.6k |
| Matthew 25 Management Corp 1.82% of their portfolio | 200.0k $5.3m | Reduced -25.0k |
| Retirement Systems of Alabama 0.02% of their portfolio | 197.5k $5.2m | Reduced -3.3k |
| SG Americas Securities, LLC 0.03% of their portfolio | 185.6k $4.9m | New |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.09% of their portfolio | 181.3k $4.8m | Added +3.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 176.5k $4.6m | Reduced -570.9k |
| APG Asset Management US Inc. 0.03% of their portfolio | 175.0k $4.5m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 174.2k $4.6m | Reduced -27.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 172.6k $4.5m | Reduced -9.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 161.3k $4.2m | Reduced -4.7k |
| ALGERT GLOBAL LLC 0.13% of their portfolio | 150.8k $4.0m | Reduced -6.9k |
| Vestcor Inc 0.13% of their portfolio | 142.8k $3.8m | Added +42.2k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 141.8k $3.7m | Added +2.5k |
| Squarepoint Ops LLC 0.01% of their portfolio | 137.8k $3.6m | New |
| Waterloo Capital, L.P. 0.40% of their portfolio | 128.2k $3.4m | Added +13.0k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 123.3k $3.2m | New |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 119.7k $3.1m | Reduced -398.0k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 114.9k $3.0m | Reduced -185.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 105.1k $2.8m | Added +8.5k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.04% of their portfolio | 104.3k $2.7m | Added +30.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 103.6k $2.7m | Added +82.4k |