WP CAREY INC WPC
COM · REIT · CUSIP 92936U109 · ISIN US92936U1097
Real estate investment trust
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNew York, NY
- Websitewpcarey.com
- 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 ($11.8m this quarter). Holder counts are more reliable. Shares outstanding: 219.0m as of 2025-07-25, 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 ≈ $62.45. Options: 16 managers hold calls ($90.9m notional), 13 hold puts ($36.5m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 797 |
| Q4 2022 | 853 |
| Q1 2023 | 837 |
| Q2 2023 | 820 |
| Q3 2023 | 747 |
| Q4 2023 | 783 |
| Q1 2024 | 774 |
| Q2 2024 | 784 |
| Q3 2024 | 805 |
| Q4 2024 | 783 |
| Q1 2025 | 824 |
| Q2 2025 | 821 |
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 | 331 | 400 |
| Q4 2023 | 312 | 386 |
| Q1 2024 | 322 | 371 |
| Q2 2024 | 337 | 365 |
| Q3 2024 | 358 | 359 |
| Q4 2024 | 329 | 395 |
| Q1 2025 | 414 | 328 |
| Q2 2025 | 415 | 333 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $65.8m | $54.2m | 0.82 |
| Q4 2024 | $54.9m | $45.1m | 0.82 |
| Q1 2025 | $87.6m | $44.8m | 0.51 |
| Q2 2025 | $90.9m | $36.5m | 0.40 |
Biggest buyers
| CAPTRUST FINANCIAL ADVISORS | Added | +744.1k |
| GRS Advisors, LLC | New | +604.3k |
| FIRST TRUST ADVISORS LP | Added | +595.4k |
| Alyeska Investment Group, L.P. | New | +520.3k |
| Balyasny Asset Management L.P. | Added | +517.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +459.5k |
| Gillson Capital LP | New | +437.9k |
| BlackRock, Inc. | Added | +383.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +310.8k |
| ROYAL BANK OF CANADA | Added | +251.8k |
Biggest sellers
| Pacer Advisors, Inc. | Reduced | -1.7m |
| Demars Financial Group, LLC | Reduced | -1.0m |
| Caisse de depot et placement du Quebec | Reduced | -526.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -502.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -441.7k |
| ExodusPoint Capital Management, LP | Sold out | -319.6k |
| STATE STREET CORP | Reduced | -246.0k |
| Corebridge Financial, Inc. | Sold out | -241.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -235.2k |
| MORGAN STANLEY | Reduced | -180.9k |
Biggest calls
| Twin Tree Management, LP | Added | $33.0m529.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.9m302.6k shares |
| CITADEL ADVISORS LLC | Reduced | $11.2m179.8k shares |
| JANE STREET GROUP, LLC | Added | $8.8m140.5k shares |
| PEAK6 LLC | Added | $4.3m68.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $4.1m65.1k shares |
| IMC-Chicago, LLC | Added | $2.6m41.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0m33.0k shares |
| Walleye Capital LLC | Unchanged | $2.0m32.5k shares |
| LANDMARK INVESTMENT PARTNERS, L.P. | New | $1.1m18.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $23.9m383.9k shares |
| CITADEL ADVISORS LLC | Reduced | $4.3m68.5k shares |
| JANE STREET GROUP, LLC | Added | $2.3m37.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.7m28.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.1m17.3k shares |
| GROUP ONE TRADING LLC | Added | $655.0k10.5k shares |
| TUDOR INVESTMENT CORP ET AL | New | $586.4k9.4k shares |
| Walleye Capital LLC | Added | $573.9k9.2k shares |
| Walleye Trading LLC | Added | $530.2k8.5k shares |
| Twin Tree Management, LP | Added | $530.2k8.5k 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 |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.5% |
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 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 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $13.1k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $309.6k | 1 | $28.4k | — |
| Q4 2024 | 2 | $332.0k | 1 | $24.9k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 30.8m $1.9bn | Added +32.2k |
| BlackRock, Inc. 0.03% of their portfolio | 27.7m $1.7bn | Added +383.4k |
| STATE STREET CORP 0.03% of their portfolio | 12.2m $772.4m | Reduced -246.0k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 5.1m $318.2m | Reduced -11.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 4.6m $286.6m | Added +87.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 3.7m $231.8m | Reduced -502.4k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.1m $194.7m | Reduced -52.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.8m $172.7m | Added +106.9k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.7m $169.9m | Added +26.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 2.6m $160.2m | Added +310.8k |
| Legal & General Group Plc 0.04% of their portfolio | 2.6m $159.1m | Added +120.5k |
| NORGES BANK 0.02% of their portfolio | 2.4m $151.4m | Added +51.0k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.2m $139.6m | Reduced -10.8k |
| MORGAN STANLEY 0.01% of their portfolio | 1.8m $115.0m | Reduced -180.9k |
| EQUITY INVESTMENT CORP 2.47% of their portfolio | 1.8m $112.7m | Reduced -142.8k |
| UBS Group AG 0.02% of their portfolio | 1.4m $90.4m | Reduced -154.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.1m $70.4m | Reduced -9.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio | 984.5k $61.4m | Reduced -75.7k |
| Advisors Capital Management, LLC 0.75% of their portfolio | 876.0k $54.6m | Added +52.7k |
| California Public Employees Retirement System 0.03% of their portfolio | 859.3k $53.6m | Reduced -136.2k |
| Balyasny Asset Management L.P. 0.12% of their portfolio | 830.5k $51.8m | Added +517.9k |
| Robeco Institutional Asset Management B.V. 0.08% of their portfolio | 824.7k $51.4m | Reduced -47.8k |
| APG Asset Management US Inc. 0.38% of their portfolio | 812.2k $51.2m | Added +52.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 784.3k $48.9m | Added +59.5k |
| CAPTRUST FINANCIAL ADVISORS 0.11% of their portfolio | 771.5k $48.1m | Added +744.1k |
| LPL Financial LLC 0.02% of their portfolio | 756.3k $47.2m | Added +75.4k |
| Invesco Ltd. 0.01% of their portfolio | 753.2k $47.0m | Added +11.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 750.6k $46.8m | Added +59.5k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 736.4k $45.9m | Added +595.4k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 674.3k $42.1m | Added +10.5k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 672.7k $42.0m | Added +459.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 670.4k $41.8m | Added +1.5k |
| Swiss National Bank 0.02% of their portfolio | 662.9k $41.3m | Added +45.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 640.5k $40.0m | Reduced -441.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 616.3k $38.4m | Added +9.9k |
| GRS Advisors, LLC 3.62% of their portfolio | 604.3k $37.7m | New |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 602.2k $37.6m | Added +16.6k |
| ZACKS INVESTMENT MANAGEMENT 0.30% of their portfolio | 569.6k $35.5m | Added +7.3k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 559.4k $34.9m | Added +154.7k |
| FMR LLC 0.00% of their portfolio | 550.9k $34.4m | Added +64.2k |
| Alyeska Investment Group, L.P. 0.12% of their portfolio | 520.3k $32.5m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 504.1k $31.4m | Added +251.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 496.4k $31.0m | Reduced -6.9k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 494.2k $30.8m | Added +18.7k |
| PRIVATE MANAGEMENT GROUP INC 0.98% of their portfolio | 484.3k $30.2m | Added +10.1k |
| Asset Management One Co., Ltd. 0.09% of their portfolio | 463.7k $28.9m | Added +24.4k |
| Gillson Capital LP 2.09% of their portfolio | 437.9k $27.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 395.0k $24.6m | Reduced -28.7k |
| Amundi 0.01% of their portfolio | 386.7k $24.5m | Added +110.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.08% of their portfolio | 384.3k $24.0m | Added +4.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 381.8k $23.8m | Added +7.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 376.9k $23.5m | Added +61.0k |
| NOMURA ASSET MANAGEMENT CO LTD 0.06% of their portfolio | 375.4k $23.4m | Added +7.2k |
| BROWN ADVISORY INC 0.03% of their portfolio | 364.6k $22.7m | Reduced -2.5k |
| Jain Global LLC 0.34% of their portfolio | 353.2k $22.0m | Added +61.1k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 352.9k $22.0m | Added +61.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 336.0k $21.0m | Added +4.5k |
| BERKSHIRE ASSET MANAGEMENT LLC/PA 0.93% of their portfolio | 328.3k $20.5m | Added +102 |
| Nuveen, LLC 0.01% of their portfolio | 320.6k $20.0m | Reduced -157.9k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 311.3k $19.4m | Added +17.1k |
| KLP KAPITALFORVALTNING AS 0.08% of their portfolio | 307.3k $19.4m | Added +34.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 303.7k $18.9m | Added +55.5k |
| Treasurer of the State of North Carolina 0.06% of their portfolio | 299.9k $18.7m | Added +130.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 299.0k $18.7m | Reduced -9.7k |
| CITIGROUP INC 0.01% of their portfolio | 298.7k $18.6m | Added +82.2k |
| Geneos Wealth Management Inc. 0.44% of their portfolio | 291.8k $18.2m | Added +239.1k |
| Cetera Investment Advisers 0.03% of their portfolio | 277.7k $17.3m | Reduced -8.4k |
| Retirement Systems of Alabama 0.06% of their portfolio | 267.6k $16.7m | Added +1.3k |
| Lighthouse Investment Partners, LLC 0.72% of their portfolio | 265.0k $16.5m | Reduced -61.1k |
| Skandinaviska Enskilda Banken AB (publ) 0.07% of their portfolio | 263.9k $16.5m | Reduced -24.0k |
| TruWealth Advisors, LLC 0.87% of their portfolio | 254.0k $15.8m | Added +5.7k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.11% of their portfolio | 252.3k $15.7m | Added +3.3k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 236.0k $14.5m | Added +70.4k |
| CSM Advisors, LLC 0.42% of their portfolio | 232.5k $14.5m | New |
| STRS OHIO 0.05% of their portfolio | 231.3k $14.4m | Added +111.5k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 217.1k $13.5m | Added +9.7k |
| Achmea Investment Management B.V. 0.17% of their portfolio | 213.4k $13.3m | Added +40.2k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio | 211.5k $13.4m | Added +4.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 203.8k $12.7m | Added +640 |
| BARCLAYS PLC 0.00% of their portfolio | 199.9k $12.5m | Reduced -35.3k |
| Waterfront Capital Partners, LLC 3.04% of their portfolio | 196.0k $12.2m | Reduced -74.8k |
| Carnegie Investment Counsel 0.24% of their portfolio | 190.8k $11.9m | Added +27.9k |
| AXA S.A. 0.03% of their portfolio | 182.9k $11.4m | Added +12.0k |
| Sonora Investment Management Group, LLC 0.85% of their portfolio | 182.8k $11.4m | Added +4.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 181.4k $11.3m | Added +82.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 175.4k $10.9m | Reduced -4.0k |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 171.4k $10.7m | Added +20.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 169.7k $10.6m | Added +97.6k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 164.7k $10.3m | Reduced -4.0k |
| AVIVA PLC 0.02% of their portfolio | 162.9k $10.2m | Added +12.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 162.2k $10.1m | Added +18.9k |
| Andra AP-fonden 0.14% of their portfolio | 160.7k $10.0m | Added +35.1k |
| Caisse de depot et placement du Quebec 0.02% of their portfolio | 159.6k $10.0m | Reduced -526.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 159.4k $9.9m | Reduced -64.4k |
| DAVENPORT & Co LLC 0.05% of their portfolio | 155.6k $9.7m | Reduced -1.7k |
| MML INVESTORS SERVICES, LLC 0.03% of their portfolio | 152.3k $9.5m | Reduced -9.1k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 151.4k $9.4m | Reduced -103.5k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 151.3k $9.4m | Reduced -27.4k |
| Illinois Municipal Retirement Fund 0.13% of their portfolio | 151.1k $9.4m | Reduced -64.2k |
| Janney Montgomery Scott LLC 0.02% of their portfolio | 147.8k $9.2m | Reduced -393 |