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Institutional Ownership · SEC Form 13F

Who owns AAT (AAT)


Which tracked institutional funds hold AAT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See AAT company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

236
Institutional holders
58,408,769
Shares held (tracked funds)
95.1%
Of shares outstanding

How the tape is positioned

31 tracked funds added or opened AAT while 45 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

AAT’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes AAT more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in AAT divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 236 tracked filers holding AAT, 113 increased or opened the position and 118 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in AAT between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 10

  • VANGUARD PORTFOLIO MANAGEMENT LLC$99M
  • VANGUARD CAPITAL MANAGEMENT LLC$39M
  • PRIVATE MANAGEMENT GROUP INC$15M
  • VANGUARD FIDUCIARY TRUST CO$6M
  • CSM Advisors, LLC$4M
  • JANE STREET GROUP, LLC$3M

Full exits 11

  • VANGUARD GROUP INC$138M
  • KENNEDY CAPITAL MANAGEMENT LLC$11M
  • WELLINGTON MANAGEMENT GROUP LLP$4M
  • TWO SIGMA ADVISERS, LP$3M
  • Y-Intercept (Hong Kong) Ltd$2M
  • TUDOR INVESTMENT CORP ET AL$2M

Largest adds

  • Senvest Management, LLC$10M
  • TWO SIGMA INVESTMENTS, LP$7M
  • UBS Group AG$6M
  • ALGERT GLOBAL LLC$4M
  • FULLER & THALER ASSET MANAGEMENT, INC.$3M
  • JACOBS LEVY EQUITY MANAGEMENT, INC$3M

Largest trims

  • Nuveen, LLC$8M
  • UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$7M
  • AMERIPRISE FINANCIAL INC$6M
  • AMERICAN ASSETS INC$4M
  • STRS OHIO$4M
  • AQR CAPITAL MANAGEMENT LLC$3M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. added9,452,442$174M13.8%2026-Q1
AMERICAN ASSETS INC7,374,599$136M10.7%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new5,396,960$99M7.9%2026-Q1
Senvest Management, LLC added3,577,054$66M5.2%2026-Q1
STATE STREET CORP trimmed2,844,330$52M4.1%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new2,118,674$39M3.1%2026-Q1
LSV ASSET MANAGEMENT added1,976,474$36M2.9%2026-Q1
American Assets Investment Management, LLC1,477,340$27M2.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added1,336,571$25M1.9%2026-Q1
JPMORGAN CHASE & CO trimmed1,279,523$24M1.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,261,384$23M1.8%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed960,837$18M1.4%2026-Q1
AMERIPRISE FINANCIAL INC trimmed952,582$18M1.4%2026-Q1
MORGAN STANLEY trimmed883,482$16M1.3%2026-Q1
ALGERT GLOBAL LLC added812,901$15M1.2%2026-Q1
PRIVATE MANAGEMENT GROUP INC new806,584$15M1.2%2026-Q1
NORTHERN TRUST CORP added774,537$14M1.1%2026-Q1
Invesco Ltd. added740,412$14M1.1%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed616,883$11M0.9%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. added595,760$11M0.9%2026-Q1
TWO SIGMA INVESTMENTS, LP added542,732$10M0.8%2026-Q1
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added465,859$9M0.7%2026-Q1
Bank of New York Mellon Corp trimmed459,495$8M0.7%2026-Q1
MILLENNIUM MANAGEMENT LLC added450,195$8M0.7%2026-Q1
UBS Group AG added425,329$8M0.6%2026-Q1
GOLDMAN SACHS GROUP INC added417,988$8M0.6%2026-Q1
FIRST TRUST ADVISORS LP added410,598$8M0.6%2026-Q1
Legal & General Group Plc trimmed353,872$7M0.5%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed353,080$7M0.5%2026-Q1
FMR LLC added318,977$6M0.5%2026-Q1
JACOBS LEVY EQUITY MANAGEMENT, INC added318,977$6M0.5%2026-Q1
PANAGORA ASSET MANAGEMENT INC added317,468$6M0.5%2026-Q1
VANGUARD FIDUCIARY TRUST CO new305,895$6M0.4%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added298,898$6M0.4%2026-Q1
WATERFALL ASSET MANAGEMENT, LLC trimmed279,323$5M0.4%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC added270,027$5M0.4%2026-Q1
RAYMOND JAMES FINANCIAL INC added267,767$5M0.4%2026-Q1
Nuveen, LLC trimmed257,650$5M0.4%2026-Q1
BESSEMER GROUP INC added256,158$5M0.4%2026-Q1
CITADEL ADVISORS LLC trimmed221,856$4M0.3%2026-Q1
Argosy-Lionbridge Management, LLC trimmed209,863$4M0.3%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH added205,392$4M0.3%2026-Q1
CSM Advisors, LLC new193,026$4M0.3%2026-Q1
NORGES BANK trimmed157,741$3M0.3%2026-Q1
Public Sector Pension Investment Board added169,363$3M0.2%2026-Q1
JANE STREET GROUP, LLC added165,000$3M0.2%2026-Q1
PRUDENTIAL FINANCIAL INC added159,675$3M0.2%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed157,652$3M0.2%2026-Q1
Man Group plc trimmed152,772$3M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed149,800$3M0.2%2026-Q1
Allianz Asset Management GmbH trimmed141,194$3M0.2%2026-Q1
CANADA LIFE ASSURANCE Co added124,747$2M0.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed122,150$2M0.2%2026-Q1
MARTINGALE ASSET MANAGEMENT L P trimmed119,393$2M0.2%2026-Q1
Qube Research & Technologies Ltd trimmed113,144$2M0.2%2026-Q1
XTX Topco Ltd added110,121$2M0.2%2026-Q1
Swiss National Bank96,500$2M0.1%2026-Q1
HSBC HOLDINGS PLC added95,818$2M0.1%2026-Q1
STRS OHIO trimmed86,400$2M0.1%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed80,807$2M0.1%2026-Q1
FRANKLIN RESOURCES INC trimmed81,226$1M0.1%2026-Q1
NOMURA ASSET MANAGEMENT CO LTD added72,840$1M0.1%2026-Q1
CITIGROUP INC trimmed71,957$1M0.1%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added68,800$1M0.1%2026-Q1
Quantinno Capital Management LP added67,506$1M0.1%2026-Q1
Asset Management One Co., Ltd. trimmed66,793$1M0.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed65,000$1M0.1%2026-Q1
DEUTSCHE BANK AG\ trimmed64,060$1M0.1%2026-Q1
DENALI ADVISORS LLC62,800$1M0.1%2026-Q1
State of New Jersey Common Pension Fund D62,735$1M0.1%2026-Q1
Penserra Capital Management LLC added61,346$1M0.1%2026-Q1
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed60,610$1M0.1%2026-Q1
ROYAL BANK OF CANADA added59,471$1M0.1%2026-Q1
BARCLAYS PLC trimmed59,165$1M0.1%2026-Q1
LAZARD ASSET MANAGEMENT LLC trimmed58,028$1M0.1%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added57,927$1M0.1%2026-Q1
New Age Alpha Advisors, LLC trimmed55,452$1M0.1%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed54,274$999K0.1%2026-Q1
State of Alaska, Department of Revenue trimmed52,241$960K0.1%2026-Q1
DARK FOREST CAPITAL MANAGEMENT LP added51,237$943K0.1%2026-Q1
BANK OF MONTREAL /CAN/ trimmed51,197$943K0.1%2026-Q1
VANGUARD GROUP INC trimmed7,271,771$138M10.9%2025-Q4 stale
T. Rowe Price Investment Management, Inc. trimmed1,965,620$39M3.1%2025-Q2 stale
KENNEDY CAPITAL MANAGEMENT LLC added554,930$11M0.8%2025-Q4 stale
Capitolis Liquid Global Markets LLC new462,000$9M0.7%2025-Q1 stale
B&I Capital AG trimmed285,996$6M0.5%2025-Q3 stale
WELLINGTON MANAGEMENT GROUP LLP trimmed218,168$4M0.3%2025-Q4 stale
TWO SIGMA ADVISERS, LP added146,529$3M0.2%2025-Q4 stale
Verition Fund Management LLC added102,512$2M0.2%2025-Q3 stale
AXA Investment Managers S.A. new96,317$2M0.2%2025-Q3 stale
AXA S.A. added96,317$2M0.2%2025-Q2 stale
Y-Intercept (Hong Kong) Ltd added87,474$2M0.1%2025-Q4 stale
Alberta Investment Management Corp81,700$2M0.1%2025-Q1 stale
Cubist Systematic Strategies, LLC trimmed77,432$2M0.1%2025-Q3 stale
TUDOR INVESTMENT CORP ET AL74,081$2M0.1%2025-Q4 stale
SEGALL BRYANT & HAMILL, LLC added72,962$1M0.1%2025-Q1 stale
Anson Funds Management LP new75,785$1M0.1%2025-Q4 stale
ACADIAN ASSET MANAGEMENT LLC added63,846$1M0.1%2025-Q4 stale
BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed54,100$1M0.1%2025-Q4 stale
TANG CAPITAL MANAGEMENT LLC50,000$1M0.1%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

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