Who owns Orion Properties Inc. (ONL)
Which tracked institutional funds hold ONL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ONL company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
6 tracked funds added or opened ONL while 12 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
ONL’s largest tracked holder by dollar value, Kawa Capital Management, Inc, sizes it at 29.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 29.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ONL 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 191 tracked filers holding ONL, 60 increased or opened the position and 82 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
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 ONL 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 3
- VANGUARD CAPITAL MANAGEMENT LLC$5M
- Rangeley Capital, LLC$2M
- VANGUARD FIDUCIARY TRUST CO$673K
Full exits 4
- Kawa Capital Management, Inc$13M
- VANGUARD GROUP INC$6M
- Cambria Investment Management, L.P.$720K
- TWO SIGMA ADVISERS, LP$549K
Largest adds
- J. Goldman & Co LP$747K
- EverSource Wealth Advisors, LLC$541K
- MARSHALL WACE, LLP$324K
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$3M
- BlackRock, Inc.$947K
- GSA CAPITAL PARTNERS LLP$902K
- JANE STREET GROUP, LLC$780K
- PRIVATE MANAGEMENT GROUP INC$515K
- MILLENNIUM MANAGEMENT LLC$481K
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| PRIVATE MANAGEMENT GROUP INC added | 5,395,475 | $12M | 13.9% | 2026-Q1 |
| J. Goldman & Co LP added | 2,616,896 | $6M | 6.8% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,381,890 | $5M | 6.2% | 2026-Q1 |
| Parkwood LLC | 1,940,000 | $4M | 5.0% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 1,706,100 | $4M | 4.4% | 2026-Q1 |
| BlackRock, Inc. trimmed | 1,444,213 | $3M | 3.7% | 2026-Q1 |
| RBF Capital, LLC | 1,000,000 | $2M | 2.6% | 2026-Q1 |
| Rangeley Capital, LLC new | 915,000 | $2M | 2.4% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 593,002 | $1M | 1.5% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 590,895 | $1M | 1.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP | 571,758 | $1M | 1.5% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 521,574 | $1M | 1.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 445,924 | $959K | 1.2% | 2026-Q1 |
| MARSHALL WACE, LLP added | 401,522 | $863K | 1.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 358,843 | $772K | 0.9% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 315,337 | $678K | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 313,027 | $673K | 0.8% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 300,025 | $645K | 0.8% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 12,782 | $548K | 0.7% | 2026-Q1 |
| STATE STREET CORP trimmed | 237,674 | $516K | 0.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 225,235 | $484K | 0.6% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 211,448 | $455K | 0.5% | 2026-Q1 |
| Samalin Investment Counsel, LLC trimmed | 211,319 | $454K | 0.5% | 2026-Q1 |
| State of Alaska, Department of Revenue trimmed | 211,595 | $454K | 0.5% | 2026-Q1 |
| 683 Capital Management, LLC | 208,134 | $447K | 0.5% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP trimmed | 160,017 | $344K | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 144,832 | $311K | 0.4% | 2026-Q1 |
| NORTHERN TRUST CORP added | 119,427 | $257K | 0.3% | 2026-Q1 |
| XTX Topco Ltd added | 111,521 | $240K | 0.3% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT CO LTD | 92,200 | $198K | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 91,971 | $198K | 0.2% | 2026-Q1 |
| Engineers Gate Manager LP added | 91,206 | $196K | 0.2% | 2026-Q1 |
| Quinn Opportunity Partners LLC | 90,768 | $195K | 0.2% | 2026-Q1 |
| Asset Management One Co., Ltd. trimmed | 81,329 | $175K | 0.2% | 2026-Q1 |
| UBS Group AG added | 76,898 | $165K | 0.2% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 76,302 | $164K | 0.2% | 2026-Q1 |
| Invesco Ltd. added | 65,817 | $142K | 0.2% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 63,164 | $136K | 0.2% | 2026-Q1 |
| MACQUARIE GROUP LTD | 63,164 | $136K | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 59,944 | $129K | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 58,879 | $127K | 0.2% | 2026-Q1 |
| FMR LLC added | 58,200 | $125K | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 56,388 | $121K | 0.1% | 2026-Q1 |
| BARCLAYS PLC trimmed | 54,487 | $117K | 0.1% | 2026-Q1 |
| LPL Financial LLC added | 51,584 | $111K | 0.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 42,214 | $91K | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 40,194 | $86K | 0.1% | 2026-Q1 |
| MEEDER ASSET MANAGEMENT INC | 39,876 | $86K | 0.1% | 2026-Q1 |
| Squarepoint Ops LLC added | 39,171 | $84K | 0.1% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 39,121 | $84K | 0.1% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. | 37,889 | $81K | 0.1% | 2026-Q1 |
| Catalyst Funds Management Pty Ltd added | 35,900 | $77K | 0.1% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 35,715 | $77K | 0.1% | 2026-Q1 |
| BFSG, LLC added | 31,283 | $67K | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 30,429 | $65K | 0.1% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 28,600 | $61K | 0.1% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 28,357 | $61K | 0.1% | 2026-Q1 |
| OMERS ADMINISTRATION Corp trimmed | 27,200 | $58K | 0.1% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 25,700 | $55K | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 21,796 | $47K | 0.1% | 2026-Q1 |
| Kawa Capital Management, Inc | 5,474,027 | $13M | 15.1% | 2025-Q4 stale |
| VANGUARD GROUP INC added | 2,749,258 | $6M | 7.5% | 2025-Q4 stale |
| SEGALL BRYANT & HAMILL, LLC new | 609,478 | $1M | 1.6% | 2025-Q1 stale |
| Glendon Capital Management LP | 359,563 | $971K | 1.2% | 2025-Q3 stale |
| Cambria Investment Management, L.P. added | 318,470 | $720K | 0.9% | 2025-Q4 stale |
| LOS ANGELES CAPITAL MANAGEMENT LLC trimmed | 289,775 | $620K | 0.7% | 2025-Q1 stale |
| Penserra Capital Management LLC added | 274,749 | $587K | 0.7% | 2025-Q1 stale |
| TWO SIGMA ADVISERS, LP added | 242,998 | $549K | 0.7% | 2025-Q4 stale |
| HRT FINANCIAL LP added | 247,372 | $526K | 0.6% | 2025-Q2 stale |
| Nuveen, LLC new | 167,051 | $357K | 0.4% | 2025-Q1 stale |
| AMERIPRISE FINANCIAL INC added | 161,399 | $344K | 0.4% | 2025-Q2 stale |
| NORGES BANK trimmed | 75,424 | $302K | 0.4% | 2025-Q3 stale |
| Y-Intercept (Hong Kong) Ltd added | 138,739 | $296K | 0.4% | 2025-Q2 stale |
| ALPS ADVISORS INC trimmed | 104,447 | $282K | 0.3% | 2025-Q3 stale |
| Greenland Capital Management LP new | 128,889 | $275K | 0.3% | 2025-Q2 stale |
| Brevan Howard Capital Management LP new | 105,706 | $225K | 0.3% | 2025-Q2 stale |
| VIRTUS ADVISERS, LLC new | 88,164 | $189K | 0.2% | 2025-Q1 stale |
| ALLIANCEBERNSTEIN L.P. trimmed | 70,729 | $151K | 0.2% | 2025-Q1 stale |
| CastleKnight Management LP | 53,600 | $145K | 0.2% | 2025-Q3 stale |
| INTECH INVESTMENT MANAGEMENT LLC added | 67,553 | $145K | 0.2% | 2025-Q1 stale |
| Aster Capital Management (DIFC) Ltd new | 62,092 | $132K | 0.2% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC trimmed | 48,430 | $131K | 0.2% | 2025-Q3 stale |
| LSV ASSET MANAGEMENT | 58,700 | $126K | 0.2% | 2025-Q1 stale |
| Quadrature Capital Ltd added | 35,400 | $95K | 0.1% | 2025-Q3 stale |
| Arrow Investment Advisors, LLC added | 40,499 | $87K | 0.1% | 2025-Q1 stale |
| PenderFund Capital Management Ltd. | 37,000 | $84K | 0.1% | 2025-Q4 stale |
| Point72 Asia (Singapore) Pte. Ltd. trimmed | 29,727 | $80K | 0.1% | 2025-Q3 stale |
| SG Americas Securities, LLC added | 34,169 | $73K | 0.1% | 2025-Q1 stale |
| CSS LLC/IL added | 26,657 | $72K | 0.1% | 2025-Q3 stale |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 33,517 | $72K | 0.1% | 2025-Q1 stale |
| Bank of New York Mellon Corp added | 25,628 | $69K | 0.1% | 2025-Q3 stale |
| ALGERT GLOBAL LLC added | 30,279 | $68K | 0.1% | 2025-Q4 stale |
| Dupree Financial Group, LLC added | 27,080 | $61K | 0.1% | 2025-Q4 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 26,381 | $60K | 0.1% | 2025-Q4 stale |
| Corebridge Financial, Inc. trimmed | 27,506 | $59K | 0.1% | 2025-Q1 stale |
| Proficio Capital Partners LLC trimmed | 25,093 | $53K | 0.1% | 2025-Q2 stale |
| Sandia Investment Management LP | 25,093 | $53K | 0.1% | 2025-Q2 stale |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 23,650 | $51K | 0.1% | 2025-Q1 stale |
| Vanguard Personalized Indexing Management, LLC trimmed | 23,279 | $50K | 0.1% | 2025-Q1 stale |
| Jain Global LLC trimmed | 21,895 | $49K | 0.1% | 2025-Q4 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.
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.