NNN REIT, Inc.
US ˙ NYSE ˙ US6374171063

SecurityNNN / NNN REIT, Inc.
InstitutionEmpowered Funds, LLC
Latest Disclosed Ownership11,180 shares
Latest Disclosed Value $ 469,896
Empowered Funds, LLC reports 8.89% decrease in ownership of NNN / NNN REIT, Inc.

On May 15, 2026 - Empowered Funds, LLC filed a 13F-HR form disclosing ownership of 11,180 shares of NNN REIT, Inc. (US:NNN) valued at $469,895 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 12,271 shares of NNN REIT, Inc.. This represents a change in shares of -8.89% during the quarter. The current value of the position is $491,696 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F NNN REIT COM 637417106 11,180 -1,091 -8.89 470 -3.50 0.0013
2026-02-11 2025-12-31 13F NNN REIT COM 637417106 12,271 1,051 9.37 486 1.89 0.0039
2025-11-13 2025-09-30 13F NNN REIT COM 637417106 11,220 11,220 478 0.0048
2023-07-27 2023-06-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 0 -29,618 -100.00 0 -100.00
2023-04-05 2023-03-31 13F NATIONAL RETAIL PROPERTIES I COM 637417106 29,618 2,372 8.71 1,308 4.90 0.0771
2023-02-21 2022-12-31 13F/A-1 NVE COM NEW 637417106 27,246 4,093 17.68 1,247 34.99 0.0815
2023-01-26 2022-12-31 13F NVE COM NEW 637417106 27,246 4,093 1 0.0501
2022-11-04 2022-09-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 23,153 3,198 16.03 923 7.58 0.0894
2022-08-01 2022-06-30 13F NATIONAL RETAIL PROPERTIES I COM 637417106 19,955 19,955 858 0.1106
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.