American Homes 4 Rent (AMH): which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
6 concentrated managers hold it with a median weight of 2.2%.
Who owns American Homes 4 Rent?
Holders that filed a Schedule 13D or 13G with the SEC for owning more than 5% of the shares: BlackRock (13G/A filed Feb 5, 2025), Vanguard Portfolio Management (13G filed Apr 28, 2026), Tamara Hughes Gustavson (13D filed Sep 11, 2026) and Tamara Hughes Gustavson (13D/A filed Sep 11, 2026). As of Jun 30, 2026, the largest holders reported on Form 13F were BlackRock (45.7 million shares), Vanguard Portfolio Management (28.1 million shares) and Norges Bank (22.1 million shares).
Which institutions hold the most American Homes 4 Rent shares?
Per Form 13F filings as of Jun 30, 2026:
- 1. BlackRock: 45.7 million shares
- 2. Vanguard Portfolio Management: 28.1 million shares
- 3. Norges Bank: 22.1 million shares
- 4. Principal Financial Group: 20.7 million shares
- 5. State Street: 15.6 million shares
- 6. Vanguard Capital Management: 14.5 million shares
- 7. FMR: 9.6 million shares
- 8. AQR Capital Management: 7.8 million shares
- 9. Geode Capital Management: 7.5 million shares
- 10. Arrowstreet Capital, Limited Partnership: 6.1 million shares
Sources:13G/A by BlackRock (Feb 5, 2025) ↗13G by Vanguard Portfolio Management (Apr 28, 2026) ↗13D by Tamara Hughes Gustavson (Sep 11, 2026) ↗13D/A by Tamara Hughes Gustavson (Sep 11, 2026) ↗All of the company's proxy statements on EDGAR ↗
We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
American Homes 4 Rent revenue
American Homes 4 Rent reported annual revenue of $1.18 billion for fiscal year 2020 (year ended December 31, 2020), according to its Form 10-K filed with the SEC (XBRL data).
Quarter flow (concentrated managers)
Change in managers (6 → 6): 1 opened · 1 exited = 0
Net flow in the quarter: −$23.5M (−701 K shares) · bought $40.9M and sold $64.4MShares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.
The set of concentrated managers changed between quarters: with the set as it was then, 7 held it last quarter (the chart point); with today's set, 6 (the base for the change).
Concentrated managers holding it
- Centersquare Investment ManagementReduced$147M1.3%−0.5 pp
- Lasalle Investment Management Securities$121M4.3%
- AEW Capital ManagementReduced$50.7M3.0%−0.3 pp
- Heitman Real Estate SecuritiesNew$40.9M2.6%+2.6 pp
- Adelante Capital ManagementReduced$28.4M1.9%−0.1 pp
- Third Avenue Management$8.8M1.4%
Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.
Other relevant holders
Filers with $100M or more in the stock that do not count as concentrated managers because of their type: they are left out of the counts, the consensus and the accumulation.
- Norges BankPension or sovereign fund$740M0.1%
Largest holders of AMH (all 13F filers)
- BlackRock45.7 MIndex manager · 12.66% of the company+1.2 M
- Vanguard Portfolio Management28.1 MIndex manager · 7.78% of the company−600 K
- Norges Bank22.1 MPension or sovereign fund · 6.12% of the companyno data
- Principal Financial Group20.7 MInsurance holding · 5.73% of the company+1.8 M
- State Street15.6 MIndex manager · 4.33% of the company−594 K
- Vanguard Capital Management14.5 MIndex manager · 4.03% of the company−88 K
- FMR9.6 MInvestment firm · 2.67% of the company+348 K
- AQR Capital Management7.8 MQuant or multi-manager · 2.15% of the company+3.0 M
- Geode Capital Management7.5 MIndex manager · 2.08% of the company−50 K
- Arrowstreet Capital, Limited Partnership6.1 MQuant or multi-manager · 1.70% of the company+2.6 M
- Shares
- 45.7 M
- Change
- +1.2 M
- % of the company
- 12.66%
See more
- Type
- Index manager
- Value
- $1.5 bn
- Shares
- 28.1 M
- Change
- −600 K
- % of the company
- 7.78%
See more
- Type
- Index manager
- Value
- $941M
- Shares
- 22.1 M
- Change
- no data
- % of the company
- 6.12%
See more
- Type
- Pension or sovereign fund
- Value
- $740M
- Shares
- 20.7 M
- Change
- +1.8 M
- % of the company
- 5.73%
See more
- Type
- Insurance holding
- Value
- $694M
- Shares
- 15.6 M
- Change
- −594 K
- % of the company
- 4.33%
See more
- Type
- Index manager
- Value
- $524M
- Shares
- 14.5 M
- Change
- −88 K
- % of the company
- 4.03%
See more
- Type
- Index manager
- Value
- $487M
- Shares
- 9.6 M
- Change
- +348 K
- % of the company
- 2.67%
See more
- Type
- Investment firm
- Value
- $323M
- Shares
- 7.8 M
- Change
- +3.0 M
- % of the company
- 2.15%
See more
- Type
- Quant or multi-manager
- Value
- $260M
- Shares
- 7.5 M
- Change
- −50 K
- % of the company
- 2.08%
See more
- Type
- Index manager
- Value
- $252M
- Shares
- 6.1 M
- Change
- +2.6 M
- % of the company
- 1.70%
See more
- Type
- Quant or multi-manager
- Value
- $205M
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Fundamentals
12-month figures to Jun 30, 2026 · balance sheet as of Jun 30, 2026.
- Operating margin
- —
- Net margin
- —
- ROE
- 6.8%
- Revenue (TTM)
- —
- Revenue growth
- —
- Net income (TTM)
- $465M
- Net debt / EBITDA
- —
- Free cash flow (TTM)
- —
- Quality vs sector
- —
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Shares outstanding: buybacks and dilution
2025: 370.9 M
- 1 year
- +0.8%
- 3 years
- +6.0%
- 5 years
- +20.8%
- Buybacks (FY 2025)
- no data
- Share issuance
- no data
- Stock-based compensation
- $25.8M
- Dividends paid
- $446M
From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.
Earnings quality and debt
- Operating cash flow ÷ net income (12 months)
- 1.86
- Interest coverage (operating income ÷ interest)
- no data
- Debt due within 12 months
- no data
- Year 1$0
- Year 2$500M
- Year 3$790M
- Year 4$650M
- Year 5—
- Later—
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
10% owners who bought (6 m): 0
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
All material events (8-K)
Earnings, agreements, financing, management changes and announcements from the last year, with a filter by type and a link to each filing.
Other Real Estate stocks in managers' portfolios
Same sector and a similar number of concentrated managers holding them. It is a list to keep exploring, not a recommendation.
- FermiFRMI · 4 managers
- Howard Hughes HoldingsHHH · 4 managers
- KE HoldingsBEKE · 4 managers
- Zillow GroupZG · 4 managers
- Colliers International GroupCIGI · 9 managers
- CoStar GroupCSGP · 9 managers