NET LEASE OFFICE PROPERTIES

Ticker: NLOP CUSIP: 64110Y108 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
VANGUARD GROUP INC1,607,853$41,467
BlackRock, Inc.1,374,593$35,451
Asset Value Investors Ltd762,328$19,660
THOMPSON SIEGEL & WALMSLEY LLC524,956$14
J. Goldman & Co LP516,008$13,308
GEODE CAPITAL MANAGEMENT, LLC425,130$10,966
STATE STREET CORP414,965$10,702
DIMENSIONAL FUND ADVISORS LP194,758$5,023
MILLENNIUM MANAGEMENT LLC163,651$4,221
K2 PRINCIPAL FUND, L.P.154,500$3,985
NORTHERN TRUST CORP107,085$2,762
MORGAN STANLEY106,515$2,747
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP101,734$2,624
VELA Investment Management, LLC94,327$2,433
GRAHAM CAPITAL WEALTH MANAGEMENT, LLC84,801$2,187
DRW Securities, LLC79,805$2,058
GABELLI & Co INVESTMENT ADVISERS, INC.77,581$2,001
TWO SIGMA INVESTMENTS, LP70,124$1,808
Rangeley Capital, LLC68,480$1,766
Marnell Management LLC68,027$1,754
RAYMOND JAMES FINANCIAL INC58,326$1,504
Man Group plc57,912$1,494
Bank of New York Mellon Corp56,335$1,453
Marex Group plc50,799$1,310
MARTINGALE ASSET MANAGEMENT L P50,575$1,304
CHARLES SCHWAB INVESTMENT MANAGEMENT INC43,962$1,134
GOLDMAN SACHS GROUP INC43,502$1,122
RENAISSANCE TECHNOLOGIES LLC41,200$1,063
MEEDER ASSET MANAGEMENT INC38,347$989
PRICE T ROWE ASSOCIATES INC /MD/37,658$1
LPL Financial LLC34,652$894
JBF Capital, Inc.32,228$831
Nuveen, LLC31,594$815
KORNITZER CAPITAL MANAGEMENT INC /KS31,432$811
COMMONWEALTH EQUITY SERVICES, LLC29,535$762
FMR LLC28,111$725
Coronation Fund Managers Ltd.25,260$651
Invesco Ltd.25,006$645
STATE OF WISCONSIN INVESTMENT BOARD24,211$624
Qube Research & Technologies Ltd23,733$612
BARCLAYS PLC23,573$608
NOMURA ASSET MANAGEMENT CO LTD23,140$597
BROWN ADVISORY INC22,798$588
RHUMBLINE ADVISERS21,479$554
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO20,771$536
JPMORGAN CHASE & CO20,693$534
BANK OF AMERICA CORP /DE/20,659$533
Asset Management One Co., Ltd.20,065$516
WELLS FARGO & COMPANY/MN19,783$510
LOS ANGELES CAPITAL MANAGEMENT LLC19,689$572
CORSAIR CAPITAL MANAGEMENT, L.P.19,317$498
Quantbot Technologies LP17,943$463
Mariner, LLC17,216$444
UBS Group AG15,731$406
CITIGROUP INC15,624$403
Sumitomo Mitsui Trust Holdings, Inc.15,055$388
AQR CAPITAL MANAGEMENT LLC14,688$379
ALLIANCEBERNSTEIN L.P.14,655$378
CITADEL ADVISORS LLC14,588$376
JACOBS LEVY EQUITY MANAGEMENT, INC13,867$358
JANE STREET GROUP, LLC12,449$321
Verdence Capital Advisors LLC12,224$315
DEUTSCHE BANK AG\11,982$309
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.10,673$222
NISA INVESTMENT ADVISORS, LLC10,553$272
TWO SIGMA ADVISERS, LP9,916$256
Wealthcare Advisory Partners LLC9,632$248
State of Alaska, Department of Revenue9,309$0
BOOTHBAY FUND MANAGEMENT, LLC9,129$235
MetLife Investment Management, LLC9,101$235
CANADA PENSION PLAN INVESTMENT BOARD9,000$232
INTECH INVESTMENT MANAGEMENT LLC8,803$227
Engineers Gate Manager LP8,326$215
Quantinno Capital Management LP8,125$210
Kestra Advisory Services, LLC8,045$207
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.6,921$178
Resona Asset Management Co.,Ltd.6,347$163
NEW YORK STATE COMMON RETIREMENT FUND6,181$159
BNP Paribas Investment Partners S.A.5,965$0
Daiwa Securities Group Inc.5,629$0
FNY Investment Advisers, LLC5,000$0
Daytona Street Capital LLC5,000$129
OSAIC HOLDINGS, INC.4,688$121
Mirae Asset Global Investments Co., Ltd.4,589$95
Police & Firemen's Retirement System of New Jersey4,437$114
BNP PARIBAS ARBITRAGE, SA3,477$90
Sandia Investment Management LP3,339$86
Russell Investments Group, Ltd.3,301$85
STRS OHIO2,800$72
Allworth Financial LP2,789$72
ROYAL BANK OF CANADA2,522$65
SPIRIT OF AMERICA MANAGEMENT CORP/NY1,872$48
Geneos Wealth Management Inc.1,794$46
AlphaQuest LLC1,581$41
Ameritas Investment Partners, Inc.1,455$38
Legal & General Group Plc1,353$35
DekaBank Deutsche Girozentrale1,102$0
Global Retirement Partners, LLC1,086$28
Tower Research Capital LLC (TRC)923$24
CWM, LLC922$0
149 other institutions20,978$477
Total (249 institutions)8,386,251$200,991