Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

VORNADO RLTY TR (VNO)

367 + Investors. Track Smart Money conviction in VNO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
2Q ▼
Buyers last Q
47%

Smart Money Signals — VNO

Based on 360 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their VNO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
360 funds currently hold this stock — 94% of the 3.0-year high of 385 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding VNO is almost the same as a year ago (-7 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 47% buying

179 buying198 selling
Last quarter: 198 funds reduced or exited vs 179 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new VNO position: 56 → 56 → 41 → 58. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 18% medium ■ 12% new
254 out of 360 hedge funds have held VNO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +9%, value -11%

Value
-10%
Shares
+9%
Last quarter: funds added +9% more shares while total portfolio value only changed -11%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~58 new funds/quarter

59 → 56 → 56 → 41 → 58 new funds/Q
New funds entering each quarter: 56 → 56 → 41 → 58. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 72% of holders stayed 2+ years

■ 72% veterans ■ 12% 1-2yr ■ 16% new
Of 367 current holders: 266 (72%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 59% AUM from top-100 funds

59% from top-100 AUM funds
39 of 360 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in VNO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: VNO

How many hedge funds hold VNO — quarterly history vs. share price
Quarterly hedge fund ownership of VNO vs. share price

Market Analysis: VNO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VNO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

53 top-rated funds 0 high-conviction
Consensus
7.5
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: VNO
2026 Q1 Stats Unlock in 10 days 367 + Investors

Track Smart Money conviction in VNO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 367 374 -1.87%
13F Shares 174M 159M 9.46%
Total Value $5.50B $6.15B -10.55%
New Positions 58 41 +17
Increased Positions 133 137 -4
Closed Positions 65 61 +4
Reduced Positions 144 154 -10
Total Calls 4 4 -
Total Puts 6 7 -14.29%
PUT/CALL Ratio 1.5 1.75 Bearish

Statistics: VNO

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

367 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in VNO. Verified SEC 13F-HR filings.

Top 25 institutional holders of VNO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Waterfall Asset Management, LLC 2.48% 170,500 $4.4M
2 Prospect Financial Services LLC 1.11% 70,214 $1.8M
3 PRIVATE MANAGEMENT GROUP INC 0.98% 1,303,476 $33.9M
4 CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.92% 3,429,047 $89.1M
5 Vert Asset Management LLC 0.65% 79,340 $2.1M
6 Arjuna Capital 0.45% 67,703 $1.8M
7 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.41% 1,535,960 $39.9M
8 NAN FUNG TRINITY (HK) Ltd 0.41% 143,800 $3.7M
9 Advisors Preferred, LLC 0.31% 80,863 $2.1M
10 PACIFIC HEIGHTS ASSET MANAGEMENT LLC 0.30% 350,000 $9.1M
11 Pensionfund PDN 0.27% 18,265 —
12 Gerald Baker Financial Group LLC 0.25% 15,043 $632K
13 FIRST NATIONAL BANK SIOUX FALLS 0.22% 28,300 $803K
14 Pensionfund Sabic 0.20% 6,237 —
15 Manske Wealth Management 0.14% 18,623 $484K
16 May Hill Capital, LLC 0.13% 19,652 $511K
17 Brooklyn Investment Group 0.12% 151,418 $3.9M
18 LECAP ASSET MANAGEMENT LTD 0.12% 12,188 $317K
19 Z3 Capital Partners, LLC 0.12% 14,675 $488K
20 JEPPSON WEALTH MANAGEMENT, LLC 0.11% 13,587 $353K
21 Silverleafe Capital Partners, LLC 0.09% 12,000 $312K
22 Vanderbilt University 0.09% 18,177 $472K
23 PRINCIPAL FINANCIAL GROUP INC 0.08% 5,895,193 $153.2M
24 Oak Thistle LLC 0.07% 28,770 $748K
25 Diligent Investors, LLC 0.06% 8,940 $232K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — VORNADO RLTY TR (VNO)

What does the Smart Money Trend signal show for VNO?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their VNO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for VNO?

More sellers than buyers — 47% buying: Last quarter: 198 funds reduced or exited vs 179 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for VNO holders?

Elite ownership — 59% AUM from top-100 funds: 39 of 360 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in VNO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held VNO?

71% of holders stayed for 2+ years: 254 out of 360 hedge funds have held VNO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.