Necessity Retail REIT Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 3FG?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	5,522	0.00415%
Individual Insiders	854,834	0.642%
General Public	51,966,144	39%
Institutions	80,353,380	60.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 49.43% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.5%	The Vanguard Group, Inc.	19,253,227	€136.7m	-1.88%	no data
9.83%	BlackRock, Inc.	13,097,773	€93.0m	3.94%	no data
4.9%	State Street Global Advisors, Inc.	6,530,624	€46.4m	-4.88%	no data
2.3%	Geode Capital Management, LLC	3,063,687	€21.8m	1.71%	no data
2%	LSV Asset Management	2,668,651	€19.0m	-3.03%	0.04%
1.89%	Mirae Asset Global Investments Co., Ltd.	2,515,588	€17.9m	104%	0.02%
1.69%	Charles Schwab Investment Management, Inc.	2,252,811	€16.0m	-10%	no data
1.28%	Dimensional Fund Advisors LP	1,707,070	€12.1m	2.75%	no data
1.24%	Invesco Capital Management LLC	1,647,744	€11.7m	-28.8%	0.01%
1.13%	Magnetar Capital Partners, LP	1,507,212	€10.7m	0%	0.38%
1.04%	Northern Trust Global Investments	1,380,057	€9.8m	-4.9%	no data
1%	Segantii Capital Management Limited	1,327,337	€9.4m	0%	0.79%
0.77%	Phocas Financial Corporation	1,018,958	€7.2m	45.5%	1.05%
0.73%	Castleknight Management LP	977,000	€6.9m	106%	1.52%
0.7%	Versor Investments LP	929,566	€6.6m	0%	1.6%
0.69%	AQR Capital Management, LLC	924,762	€6.6m	-53.5%	0.01%
0.67%	Legal & General Investment Management Limited	886,548	€6.3m	1.81%	no data
0.54%	UBS Asset Management AG	719,057	€5.1m	2.49%	no data
0.45%	BNY Mellon Asset Management	597,313	€4.2m	1.82%	no data
0.39%	Goldman Sachs Group, Investment Banking and Securities Investments	513,783	€3.6m	170%	no data
0.37%	Morgan Stanley, Investment Banking and Brokerage Investments	488,628	€3.5m	22.1%	no data
0.36%	JPMorgan Chase & Co, Brokerage and Securities Investments	477,536	€3.4m	464%	no data
0.35%	Beck Capital Management LLC	472,330	€3.4m	-59.6%	1.36%
0.33%	Citigroup Inc.,Banking and Securities Investments	439,211	€3.1m	400%	no data
0.33%	Millennium Management LLC	437,090	€3.1m	761%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/09/13 12:49
End of Day Share Price	2023/09/11 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Necessity Retail REIT, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brian Hollenden	Aegis Capital Corporation
Bryan Maher	B. Riley Securities, Inc.
Barry Oxford	Colliers Securities