RUSH ISLAND MANAGEMENT, LP — NNN REIT INC NNN: Quarterly 13F Position History
RUSH ISLAND MANAGEMENT, LP has reported NNN REIT INC (NNN) on 19 13F-HR filings in Pactolio's tracked window, first appearing in Q3 2021. As of Q1 2026, the position is sized at 3,099,284 shares ($130.3M market value, 8.74% of the equity book). Quarter-over-quarter share count change: 733,802 (-19.1%) .
- 3,099,284Shares Held (Latest Filing)
- $130.3MReported Market Value (Latest Filing)
- 8.74%Portfolio Weight (% of 13F Equity Book)
- 733,802Quarter-over-Quarter Share Change
- -$21.6MQuarter-over-Quarter Value Change
- 4,520,085Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 19 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 3,099,284 | 733,802 | -19.1% | $130.3M | 8.74% | $42.03 |
| Q4 2025 | 3,833,086 | +763,333 | +24.9% | $151.9M | 9.49% | $39.63 |
| Q3 2025 | 3,069,753 | 230,300 | -7.0% | $130.7M | 8.96% | $42.57 |
| Q2 2025 | 3,300,053 | 6,485 | -0.2% | $142.5M | 9.28% | $43.18 |
| Q1 2025 | 3,306,538 | +302,932 | +10.1% | $141.0M | 8.98% | $42.65 |
| Q4 2024 | 3,003,606 | +262,625 | +9.6% | $122.7M | 8.16% | $40.85 |
| Q3 2024 | 2,740,981 | 196,229 | -6.7% | $132.9M | 10.27% | $48.49 |
| Q2 2024 | 2,937,210 | +149,022 | +5.3% | $125.1M | 10.26% | $42.60 |
| Q1 2024 | 2,788,188 | 1,731,897 | -38.3% | $119.2M | 10.36% | $42.74 |
| Q4 2023 | 4,520,085 | +1,838,651 | +68.6% | $194.8M | 17.70% | $43.10 |
| Q3 2023 | 2,681,434 | +348,442 | +14.9% | $94.8M | 8.51% | $35.34 |
| Q2 2023 | 2,332,992 | +489,031 | +26.5% | $99.8M | 10.19% | $42.79 |
| Q1 2023 | 1,843,961 | +758,972 | +70.0% | $81.4M | 9.97% | $44.15 |
| Q4 2022 | 1,084,989 | 50,831 | -4.5% | $49.6M | 8.81% | $45.76 |
| Q3 2022 | 1,135,820 | 52,111 | -4.4% | $45.3M | 9.97% | $39.86 |
| Q2 2022 | 1,187,931 | +135,719 | +12.9% | $51.1M | 12.54% | $43.00 |
| Q1 2022 | 1,052,212 | +338,792 | +47.5% | $47.3M | 9.83% | $44.94 |
| Q4 2021 | 713,420 | +73,562 | +11.5% | $34.3M | 6.29% | $48.07 |
| Q3 2021 | 639,858 | — | — | $27.6M | 5.46% | $43.19 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did RUSH ISLAND MANAGEMENT, LP first disclose a NNN position in 13F-HR filings?
RUSH ISLAND MANAGEMENT, LP first reported NNN REIT INC (NNN) on its 13F-HR filing for the period ending 2021-09-30 (Q3 2021). The position has appeared on 19 reported quarters within Pactolio's tracked window.
What was RUSH ISLAND MANAGEMENT, LP's most recent quarter-over-quarter share-count change in NNN?
Between Q4 2025 and Q1 2026, RUSH ISLAND MANAGEMENT, LP reduced its NNN position by 733,802 shares (-19.1%), leaving 3,099,284 shares at a market value of $130.3M.
Does the implied price-per-share represent RUSH ISLAND MANAGEMENT, LP's cost basis in NNN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.