National Health Investors, Inc. (NHI) Ownership

NYSE: NHITop holders, insider trades and short interest.

NHI ownership summary

as of October 18, 2026
Institutions
79.2%
of shares outstanding
Insiders
2.39%
of shares outstanding
Shares outstanding
49.1M
Float
47.9M
shares available to trade
Short interest
4.99%
2.4M shares short
Days to cover
6.14
short interest up 6.0% vs prior month
  • Institutions 79.18%
  • Insiders 2.39%
  • Other investors 18.43%

NHI top institutional holders

20 largest
National Health Investors, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc17.78%8.7M$578.8M+3.9M (+81.7%)June 30, 2026
2Vanguard Portfolio Management, LLC9.43%4.6M$306.9M+488,430 (+11.8%)June 30, 2026
3State Street Corp5.57%2.7M$181.3M+761,547 (+38.6%)June 30, 2026
4Vanguard Capital Management, LLC4.27%2.1M$139.1M+14,525 (+0.7%)June 30, 2026
5Principal Financial Group Inc4.03%2.0M$131.0M+276,186 (+16.2%)June 30, 2026
6Bank of New York Mellon Corp3.27%1.6M$106.5M+1.1M (+212.1%)June 30, 2026
7Geode Capital Management, LLC2.86%1.4M$93.0M+91,535 (+7.0%)June 30, 2026
8Bank of America Corp2.08%1.0M$67.6M+26,577 (+2.7%)June 30, 2026
9Charles Schwab Investment Management Inc1.79%880K$58.3M+54,330 (+6.6%)June 30, 2026
10Delaware Management Holdings Inc1.77%870K$57.7M−26,937 (−3.0%)June 30, 2026
11Dimensional Fund Advisors, Inc.1.38%676K$44.8M−10,510 (−1.5%)June 30, 2026
12NORGES BANK1.37%672K$44.6M−51,770 (−7.1%)June 30, 2026
13Northern Trust Corp1.24%609K$40.3M+45,841 (+8.1%)June 30, 2026
14Morgan Stanley - Brokerage Accounts0.90%444K$29.4M+64,157 (+16.9%)June 30, 2026
15JPMorgan Chase & Co0.85%415K$27.5M−571,179 (−57.9%)June 30, 2026
16UBS Group AG0.81%396K$26.3M+268,595 (+210.4%)June 30, 2026
17Two Sigma Investments LLC0.68%335K$22.2M−84,629 (−20.1%)June 30, 2026
18GW&K Investment Management, LLC0.66%323K$21.4M−12,507 (−3.7%)June 30, 2026
19Vanguard Fiduciary Trust Co0.65%321K$21.3M+9,275 (+3.0%)June 30, 2026
20Legal & General Group PLC0.58%285K$18.9M+53,401 (+23.0%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 14 holders added 7.2M shares and 6 cut 758K.

NHI top mutual fund and ETF holders

20 largest
National Health Investors, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1iShares Core S&P Small-Cap ETF5.95%2.9M$193.8M+666 (+0.0%)September 30, 2026
2Vanguard Real Estate Index Investor3.64%1.8M$118.6M+12,597 (+0.7%)September 30, 2026
3Vanguard MStar Total Stk Mkt Idx Invest2.98%1.5M$97.0M−2,270 (−0.2%)August 31, 2026
4iShares Russell 2000 ETF2.58%1.3M$84.1M−9,055 (−0.7%)September 30, 2026
5Vanguard Small Cap Index2.25%1.1M$73.2M+44,900 (+4.2%)September 30, 2026
6Principal Real Estate Securities R51.79%878K$58.2M+37,815 (+4.5%)September 30, 2026
7BNY Mellon Global Infras Inc ETF1.63%799K$53.0M+1,804 (+0.2%)September 30, 2026
8Vanguard MStar Small Cap Value Index1.47%719K$47.7M+46,604 (+6.9%)September 30, 2026
9Fidelity Small Cap Index1.09%535K$35.5M+4,262 (+0.8%)July 31, 2026
10iShares Russell 2000 Value ETF0.93%458K$30.3M+694 (+0.2%)September 30, 2026
11State Street SPDR Port S&P 600 Sm CpETF0.91%446K$29.6M—September 30, 2026
12Schwab US REIT ETF™0.79%386K$25.6M+200 (+0.1%)September 30, 2026
13Nomura Small Cap Value A0.76%375K$24.9M—August 31, 2026
14Vanguard Real Estate II Index0.65%317K$21.0M+2,277 (+0.7%)September 30, 2026
15Vanguard Russell 2000 ETF0.58%283K$18.7M+3,216 (+1.2%)September 30, 2026
16iShares S&P Small-Cap 600 Growth ETF0.56%273K$18.1M—September 30, 2026
17Schwab US Small-Cap ETF™0.53%258K$17.1M+171 (+0.1%)September 30, 2026
18Fidelity Extended Market Index0.49%239K$15.8M−2,728 (−1.1%)August 31, 2026
19DFA Real Estate Securities I0.48%238K$15.8M−2,441 (−1.0%)August 31, 2026
20Vanguard Tax-Managed Small Cap Adm0.46%227K$15.0M—September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

NHI insider transactions

latest 4
National Health Investors, Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-01-15Gilbert Ray Cisneros, Jr.Buy$80.35——
2024-05-31Robert A Mccabe JrBuy$65.83437$28,768
2024-02-27Charlotte A SwaffordBuy$58.6910,000$586,900
2023-08-30James R JobeBuy$51.401,000$51,400

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

NHI shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns NHI

Institutional investors own 79.2% of National Health Investors's shares and insiders 2.39%. The largest holder is BlackRock Inc with 17.78% of the shares (8.7M), as of June 30, 2026. Among the top 20 institutions, 14 added shares and 6 reduced their stake in the latest filings. Short interest is 4.99% of the float, or 6.14 days of average trading volume. The share count rose 25.3% since 2014.

Related: NHI analyst forecast, NHI key metrics, NHI dividend history. See the NHI stock overview for the latest quote and news.

NHI ownership FAQ

Who owns the most National Health Investors stock?

The largest shareholders of National Health Investors are BlackRock Inc (17.78%), Vanguard Portfolio Management, LLC (9.43%), State Street Corp (5.57%), Vanguard Capital Management, LLC (4.27%), Principal Financial Group Inc (4.03%).

What percentage of National Health Investors is owned by institutions?

Institutions hold 79.2% of National Health Investors's shares outstanding; insiders hold 2.39%.

Which funds own National Health Investors?

The largest fund holders of National Health Investors are iShares Core S&P Small-Cap ETF (5.95%), Vanguard Real Estate Index Investor (3.64%), Vanguard MStar Total Stk Mkt Idx Invest (2.98%), iShares Russell 2000 ETF (2.58%), Vanguard Small Cap Index (2.25%).

What is National Health Investors's short interest?

2.4M shares of National Health Investors were sold short, 4.99% of the float; at the average daily volume it would take 6.14 days to cover.

Are insiders buying or selling National Health Investors?

Of the latest 4 reported insider transactions in National Health Investors (since August 30, 2023), 4 were purchases and 0 were sales.

How many shares of National Health Investors are outstanding?

National Health Investors has 49.1M shares outstanding, of which 47.9M are in the public float.

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