ARL · American Realty Investors Inc · Holdings

$16.74 +0.85 (+5.35%) At close · Oct 27

Russell 2000 member Rebalance outlook locked

Market Cap

$270.39M

16.15M

Volume · Oct 27 1621 Avg daily vol (3M) 6065

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of ARL: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 44

Total Value: $11,227,912

Total Shares: 551,916

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 40 13F filers

Top Holder

32.3%

of institutional value

Top 5

85.8%

of institutional value

Top 10

96.9%

of institutional value

HHI

2,272

Moderately concentrated

Who Holds ARL

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 40 filers, like-for-like change +16.1%; actively managed books -2.6%; index-like books +44.1%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	57.9%	18	+2.9%	1	1
Bank	6.4%	8	-12.0%	0	0
Benefit plan	0.0%	1	-73.6%	0	0
Non-US	0.1%	2	-3.1%	0	0
Holding company	32.9%	4	+90.1%	0	0
Adviser	0.0%	0	-100.0%	0	1
Insurer	0.0%	0	—	0	0
Unknown	2.7%	7	-19.5%	1	1

Style	Share	Filers	Change	New	Exited
Index-like	49.8%	13	+44.1%	0	0
Concentrated	31.6%	2	0.0%	0	1
Diversified active	18.6%	25	-6.8%	2	2
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	90.6%	27	+18.0%	0	1
Medium turnover	3.0%	7	+1.7%	1	1
High turnover	0.2%	2	+27.5%	1	1
Unknown	6.2%	4	-0.9%	0	0
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	6.2%	4	-0.9%	0	0
Medium horizon	32.4%	6	+90.7%	1	2
Long horizon	61.4%	30	-2.4%	1	1
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	44.2%	4	-0.6%	1	1
$1B to $10B	0.3%	8	+9.9%	0	1
$10B to $100B	3.4%	6	-0.7%	1	0
$100B or more	52.1%	22	+37.1%	0	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	44.3%	7	-0.6%	1	1
Pooled investment vehicles	2.7%	2	-0.7%	0	0
Registered funds and BDCs	10.7%	4	+22.3%	0	0
Insurance companies	0.0%	1	0.0%	0	0
Governments and sovereign funds	0.2%	1	-14.6%	0	0
Other investment advisers	0.0%	1	-19.7%	0	0
Diversified	0.1%	2	0.0%	0	0
Pension and profit sharing plans	0.0%	0	—	0	0
Unknown	42.1%	22	+41.1%	1	2

Private funds	Share	Filers	Change	New	Exited
Hedge funds	2.7%	1	-0.7%	0	0
Private equity funds	0.0%	0	—	0	0
Real estate funds	0.0%	2	+850.0%	1	0
Securitized asset funds	0.1%	1	0.0%	0	0
Other private funds	0.2%	2	-13.0%	0	0
No private funds	55.0%	12	+3.1%	0	1
Private funds, type not stated	0.0%	0	—	0	0
Unknown	42.1%	22	+41.1%	1	2

Location	Share	Filers	Change	New	Exited
United States	99.5%	34	+16.1%	2	2
Outside the US	0.5%	6	+4.7%	0	1

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 1 holder with no observed 2026-06-30 13F.

Conviction and Crowding

40 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight 0.000%

Mar 31, 2026: 0

Crowding

0.108%

of shares outstanding, 1st percentile

Mar 31, 2026: 0.108%

Private-fund advisers

0.101%

of shares outstanding

Institutional ownership

3.41%

of shares outstanding

Top 10 holders

96.9%

of 13F shares, Herfindahl 0.227

Active holders

-2.6%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 11.1 quarters

Under 1 year 6.35% 1 to 3 years 64.4% 3 years or more 29.3% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$18.79

estimated per share

Mar 31, 2026: $18.71

Quarter-end price

$22.27

implied by 13F values

Estimated gain or loss

+18.5%

price against the estimated cost

Estimated at a loss

0.000%

of costed 13F value

Estimated cost covers 45.5% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shared Holders

Companies ARL's active holders also own, quarter ended Jun 30, 2026

#	Company	Shared holders	Similarity
1	BA Boeing Co	3	0.044
2	VZ Verizon Communications Inc	3	0.036
3	AMGN Amgen Inc	3	0.035
4	MCD Mcdonalds Corp	3	0.033
5	BAC Bank Of America Corp	3	0.032
6	IBM International Business Machines Corp	3	0.031
7	CAT Caterpillar Inc	3	0.029
8	HD Home Depot, Inc.	3	0.029
9	CSCO Cisco Systems, Inc.	3	0.028
10	COST Costco Wholesale Corp	3	0.028

Shareholder Targets

13F filers that own its peers but not ARL, quarter ended Jun 30, 2026

Found through its holder-overlap peers: BA, VZ, AMGN, MCD, BAC, IBM, CAT, HD, CSCO, COST, ABBV, WMT, V, BRK-B, META, AMZN, AAPL, MSFT. 7,138 filers in all.

#	Filer	In peers	Of book	Largest peers
1	Invesco Ltd. Adviser, Diversified active	$219,708,110,264 18 held	17.4%	AAPL, MSFT, AMZN
2	NORGES BANK Non-US, Index-like	$207,473,459,175 16 held	20.7%	AAPL, MSFT, AMZN
3	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$175,519,723,045 18 held	17.6%	AAPL, MSFT, AMZN
4	BANK OF AMERICA CORP /DE/ Bank, Diversified active	$163,444,684,859 18 held	10.6%	AAPL, MSFT, AMZN
5	Capital Research Global Investors Adviser, Diversified active	$137,461,991,369 17 held	19.2%	MSFT, AMZN, META
6	GOLDMAN SACHS GROUP INC Holding company, Index-like	$128,527,842,223 18 held	13.5%	AAPL, MSFT, AMZN
7	CHARLES SCHWAB INVESTMENT MANAGEMENT INC Registered adviser, Diversified active	$126,772,684,987 18 held	16.9%	AAPL, MSFT, AMZN
8	Capital World Investors Adviser, Diversified active	$124,698,917,439 16 held	14.8%	META, MSFT, AMZN
9	Bank of New York Mellon Corp Bank, Index-like	$108,667,058,963 18 held	17.9%	AAPL, MSFT, AMZN
10	Berkshire Hathaway Inc Insurer, Concentrated	$93,494,087,896 2 held	31.2%	AAPL, BAC

Fund Ownership of ARL by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0.65% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.22%	-0.02 pp	36,027	31
Index ETFs	0.42%	0.00 pp	68,576	10
Active ETFs	0.00%	0.00 pp	0	0
Active funds	0.05%	0.00 pp	7,896	11
Unclassified	0.00%	0.00 pp	0	0
All registered funds	0.70%	-0.02 pp	112,499	52

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 22 Bank 8 Benefit plan 1 Non-US 2 Holding company 4 Unknown 7

Showing 44 of 44

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BlackRock, Inc.

$3,959,291

35.26%

177,786

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	737	$16,412	0.4%	Sole
BlackRock Investment Management, LLC	4,539	$101,083	2.6%	Sole
BLACKROCK ADVISORS LLC	4,254	$94,736	2.4%	Sole
BlackRock Fund Advisors	47,499	$1,057,802	26.7%	Sole
BlackRock Institutional Trust Company, N.A.	35,256	$785,151	19.8%	Sole
BlackRock Japan Co. Ltd	85,501	$1,904,107	48.1%	Sole

Wealth Alliance Advisory Group, LLC

$2,823,109

25.14%

174,266

CALDWELL SUTTER CAPITAL, INC.

$1,541,573

13.73%

69,222

GEODE CAPITAL MANAGEMENT, LLC

$740,009

6.59%

33,229

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	5,034	$112,107	15.1%	Defined
Held directly	28,195	$627,902	84.9%	Defined

STATE STREET CORP

$409,411

3.65%

18,384

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	18,384	$409,411	100.0%	Defined

VANGUARD CAPITAL MANAGEMENT LLC

$367,566

3.27%

16,505

RENAISSANCE TECHNOLOGIES LLC

$327,346

2.92%

14,699

NORTHERN TRUST CORP

$287,237

2.56%

12,898

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	12,691	$282,628	98.4%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	207	$4,609	1.6%	Other

VANGUARD PORTFOLIO MANAGEMENT LLC

$196,889

1.75%

8,841

VANGUARD FIDUCIARY TRUST CO

$188,715

1.68%

8,474

NEW YORK STATE COMMON RETIREMENT FUND

$62,044

0.55%

2,786

MORGAN STANLEY

$57,186

0.51%

2,568

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	3	$66	0.1%	Defined
MORGAN STANLEY & CO. LLC	1,448	$32,246	56.4%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	47	$1,046	1.8%	Defined
MORGAN STANLEY SMITH BARNEY LLC	1,056	$23,517	41.1%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	14	$311	0.5%	Defined

Russell Investments Group, Ltd.

$32,958

0.29%

1,480

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	1,480	$32,958	100.0%	Defined

WELLS FARGO & COMPANY/MN

$25,565

0.23%

1,148

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	1,124	$25,031	97.9%	Defined
WELLS FARGO CLEARING SERVICES, LLC	24	$534	2.1%	Defined

Tower Research Capital LLC (TRC)

$24,140

0.21%

1,084

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	1,084	$24,140	100.0%	Defined

RHUMBLINE ADVISERS

$22,626

0.20%

1,016

ROYAL BANK OF CANADA

$20,131

0.18%

904

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	217	$4,832	24.0%	Defined
RBC Capital Markets, LLC	687	$15,299	76.0%	Defined

FMR LLC

$19,285

0.17%

866

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	842	$18,751	97.2%	Defined
STRATEGIC ADVISERS LLC	24	$534	2.8%	Defined

CITIGROUP INC

$13,896

0.12%

624

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	624	$13,896	100.0%	Defined

JPMORGAN CHASE & CO

$13,606

0.12%

611

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	557	$12,404	91.2%	Defined
J.P. Morgan Securities plc	54	$1,202	8.8%	Defined

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$13,584

0.12%

610

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	610	$13,584	100.0%	Defined

UBS Group AG

$13,450

0.12%

604

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	291	$6,480	48.2%	Defined
UBS AG	313	$6,970	51.8%	Defined

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$8,106

0.07%

364

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	364	$8,106	100.0%	Defined

BNP PARIBAS ARBITRAGE, SA

$8,084

0.07%

363

HARBOUR INVESTMENTS, INC.

$7,816

0.07%

351

Vanguard Global Advisers, LLC

$6,992

0.06%

314

UMB Private Wealth Management, LLC

$6,949

0.06%

429

OSAIC HOLDINGS, INC.

$6,480

0.06%

291

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	291	$6,480	100.0%	Defined

BARCLAYS PLC

$5,143

0.05%

231

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	207	$4,609	89.6%	Defined
BARCLAYS CAPITAL INC.	24	$534	10.4%	Defined

GAMMA Investing LLC

$4,098

0.04%

253

Legal & General Group Plc

$3,251

0.03%

146

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	146	$3,251	100.0%	Defined

Advisors Asset Management, Inc.

$3,140

0.03%

141

Ameritas Investment Partners, Inc.

$2,494

0.02%

112

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
EATON VANCE MANAGEMENT	112	$2,494	100.0%	Other

ASSETMARK, INC

$1,879

0.02%

116

Quarry LP

$1,024

0.01%

Arax Advisory Partners

$757

0.01%

Farther Finance Advisors, LLC

$631

0.01%

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$423

0.00%

Sterling Capital Management LLC

$421

0.00%

SBI Securities Co., Ltd.

$178

0.00%

SJS Investment Consulting Inc.

$162

0.00%

LAM GROUP, INC.

$162

0.00%

EverSource Wealth Advisors, LLC

$89

0.00%

IFP Advisors, Inc

$16

0.00%

Key facts CIK 1102238 CUSIP 029174109 13F (30d) 10 filings 10 filers Visit website Investor relations