Skip to content
Disclosery

WPC WP CAREY INC

Follow

REIT (common), issuer CIK 1025378

796 managers (820 13F filers) reported a position in WPC shares at 2025-09-30, 156,503,698 shares in all. 74 filers opened a position and 69 filers sold out during the quarter.

Managers
796
13F filers
820
New
74
Added
301
Reduced
280
Sold out
69
Shares held by filers
156,503,698

Shares held by filers adds up every 13F filer's report, so a share reported by a parent and by its subsidiary counts twice (H9). Managers counts each filer group once.

13D and 13G filers

No 13D or 13G on this security in the data. Structured 13D/G data starts 2024-12-18.

Insider trades

No Form 4 transaction on this security in the data.

13F holders, Q3 2025

Filers in the available 13F reports with a share position at 2025-09-30, filer groups collapsed to one row (method), largest first. Options and principal amounts are left out. A group row states no % of portfolio, since each member reports its own portfolio: the members' percents are listed under it. A value about 1,000 times or 1/1,000 of the price other filers imply is shown as filed but neither ranks the row nor enters a sum.

HolderSharesValue% of portfolioChangeSource
VANGUARD GROUP INCgroup of 2 filers holding30,660,498$2.07B-153,266Timeline
BlackRock, Inc.in group BlackRock, Inc.28,055,931$1.9B0.03%+311,55513F-HRTimelineGroup
STATE STREET CORPin group STATE STREET CORP12,329,159$844M0.03%+119,81713F-HRTimelineGroup
GEODE CAPITAL MANAGEMENT, LLCin group GEODE CAPITAL MANAGEMENT, LLC4,685,298$316M0.02%+79,28013F-HRTimelineGroup
JPMORGAN CHASE & COin group JPMORGAN CHASE & CO4,671,692$316M0.02%-429,36913F-HR/ATimelineGroup
Invesco Ltd.in group Invesco Ltd.3,892,462$263M0.04%+3,139,26613F-HRTimelineGroup
MASSACHUSETTS FINANCIAL SERVICES CO /MA/in group MASSACHUSETTS FINANCIAL SERVI…3,771,487$255M0.08%+55,43713F-HRTimelineGroup
DIMENSIONAL FUND ADVISORS LPin group DIMENSIONAL FUND ADVISORS LP3,171,690$214M0.05%+49,99213F-HRTimelineGroup
CHARLES SCHWAB INVESTMENT MANAGEMENT INCin group Charles Schwab Trust Co2,803,719$189M0.03%+34,53013F-HRTimelineGroup
NORTHERN TRUST CORPin group NORTHERN TRUST CORP2,626,609$177M0.02%-96,57213F-HRTimelineGroup
Legal & General Group Plcin group Legal & General Group Plc2,570,295$174M0.04%+19,04413F-HRTimelineGroup
Bank of New York Mellon Corpin group Bank of New York Mellon Corp2,154,890$146M0.03%-82,29613F-HRTimelineGroup
MORGAN STANLEYin group MORGAN STANLEY1,816,629$123M0.01%-27,36113F-HR/ATimelineGroup
EQUITY INVESTMENT CORP1,582,443$107M2.24%-224,19613F-HRTimeline
UBS Group AGgroup of 2 filers holding1,553,800$105M-2,463,400Timeline
BANK OF AMERICA CORP /DE/in group BANK OF AMERICA CORP /DE/1,346,490$91M0.01%+218,50013F-HR/ATimelineGroup
WELLINGTON MANAGEMENT GROUP LLPin group WELLINGTON MANAGEMENT GROUP L…1,130,402$76.4M0.01%+1,042,33413F-HRTimelineGroup
APG Asset Management N.V.group of 2 filers holding1,037,306$69.7M+104,365Timeline
Advisors Capital Management, LLC914,969$61.8M0.77%+38,98113F-HRTimeline
COMMONWEALTH EQUITY SERVICES, LLC872,381$58.9M0.08%-112,10313F-HRTimeline
BARCLAYS PLCin group BARCLAYS PLC861,430$58.2M0.02%+661,57213F-HR/ATimelineGroup
HSBC HOLDINGS PLCin group HSBC HOLDINGS PLC851,077$57.5M0.03%+291,67113F-HRTimelineGroup
CAPTRUST FINANCIAL ADVISORS842,106$56.9M0.12%+70,57213F-HRTimeline
LPL Financial LLC827,789$55.9M0.02%+71,49013F-HRTimeline
AMERIPRISE FINANCIAL INCin group AMERIPRISE FINANCIAL INC824,762$55.8M0.01%+40,42913F-HRTimelineGroup
VICTORY CAPITAL MANAGEMENT INC731,940$49.5M0.03%-18,65013F-HRTimeline
California Public Employees Retirement …726,655$49.1M0.03%-132,61813F-HRTimeline
Robeco Institutional Asset Management B…in group Robeco Institutional Asset Ma…712,132$48.1M0.07%-112,60213F-HRTimelineGroup
Sumitomo Mitsui Trust Group, Inc.in group Sumitomo Mitsui Trust Group, …675,376$45.6M0.03%+4,93113F-HRTimelineGroup
FIRST TRUST ADVISORS LPin group FIRST TRUST ADVISORS LP656,892$44.4M0.03%-79,54513F-HRTimelineGroup
RHUMBLINE ADVISERS655,371$44.3M0.04%-18,91113F-HRTimeline
Mitsubishi UFJ Trust & Banking Corpgroup of 2 filers holding655,257$44.3M+205,960Timeline
PRICE T ROWE ASSOCIATES INC /MD/651,816$44M<0.01%+11,31113F-HRTimeline
Swiss National Bank631,151$42.6M0.02%-31,70013F-HRTimeline
MILLENNIUM MANAGEMENT LLCin group MILLENNIUM MANAGEMENT LLC620,304$41.9M0.03%-52,37813F-HRTimelineGroup
ENVESTNET ASSET MANAGEMENT INCgroup of 2 filers holding617,279$41.7M-11,698Timeline
RAYMOND JAMES FINANCIAL INCin group RAYMOND JAMES FINANCIAL INC596,163$40.3M0.01%-6,04513F-HRTimelineGroup
ZACKS INVESTMENT MANAGEMENT571,938$38.6M0.31%+2,28813F-HRTimeline
CANADA LIFE ASSURANCE Coin group CANADA LIFE ASSURANCE Co546,425$37.2M0.05%+52,26113F-HRTimelineGroup
MARSHALL WACE, LLPin group MARSHALL WACE, LLP508,158$34.3M0.04%new13F-HRTimelineGroup
PRINCIPAL FINANCIAL GROUP INCgroup of 2 filers holding488,811$33M-11,837Timeline
AQR CAPITAL MANAGEMENT LLCin group AQR CAPITAL MANAGEMENT LLC483,912$32.6M0.02%+247,86713F-HRTimelineGroup
PRIVATE MANAGEMENT GROUP INC477,509$32.3M0.96%-6,75613F-HRTimeline
Alyeska Investment Group, L.P.in group Alyeska Investment Group, L.P.470,809$31.8M0.1%-49,48413F-HRTimelineGroup
Asset Management One Co., Ltd.457,594$30.9M0.09%-6,12013F-HRTimeline
Schonfeld Strategic Advisors LLC456,623$30.9M0.22%+438,07813F-HRTimeline
Amundiin group Amundi446,952$30.5M0.01%+60,30113F-HRTimelineGroup
CALIFORNIA STATE TEACHERS RETIREMENT SY…424,890$28.7M0.03%+47,98213F-HRTimeline
NOMURA ASSET MANAGEMENT CO LTDgroup of 2 filers holding393,708$26.6M+18,265Timeline
WELLS FARGO & COMPANY/MNin group WELLS FARGO & COMPANY/MN384,349$26M0.01%+2,59413F-HRTimelineGroup
TWO SIGMA INVESTMENTS, LPgroup of 2 filers holding383,483$25.9M+80,830Timeline
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF O…382,385$25.8M0.08%-1,94313F-HRTimeline
FMR LLCin group FMR LLC371,311$25.1M<0.01%-179,55913F-HRTimelineGroup
CWM, LLCin group CWM, LLC371,180$25.1M0.08%+353,27913F-HRTimelineGroup
Gillson Capital LP367,367$24.8M2.15%-70,57813F-HRTimeline
BROWN ADVISORY INCin group BROWN ADVISORY INC364,001$24.6M0.03%-58913F-HRTimelineGroup
Rakuten Investment Management, Inc.in group Rakuten Group, Inc.212,445$24.4M0.09%13F-HRTimelineGroup
DEUTSCHE BANK AG\in group DEUTSCHE BANK AG\358,607$24.2M0.01%+5,75413F-HRTimelineGroup
Cetera Investment Advisers354,722$24M0.03%+77,06213F-HRTimeline
BERKSHIRE ASSET MANAGEMENT LLC/PA329,526$22.3M0.95%+1,22013F-HRTimeline
TIAAgroup of 2 filers holding321,521$21.7M-4,898Timeline
GOLDMAN SACHS GROUP INCin group GOLDMAN SACHS GROUP INC320,180$21.6M<0.01%+21,18013F-HRTimelineGroup
ALLIANCEBERNSTEIN L.P.319,936$21.6M0.01%-75,10013F-HRTimeline
WEALTH ENHANCEMENT ADVISORY SERVICES, L…310,200$21.2M0.03%+98,70613F-HRTimeline
Zurcher Kantonalbank (Zurich Cantonalba…311,841$21.1M0.05%+178,35313F-HRTimeline
FRANKLIN RESOURCES INCin group Franklin Resources305,467$20.6M0.01%+1,80713F-HRTimelineGroup
CITIGROUP INCin group CITIGROUP INC304,680$20.6M0.01%+5,97913F-HRTimelineGroup
Treasurer of the State of North Carolina295,953$20M0.06%-3,96213F-HRTimeline
TruWealth Advisors, LLC293,304$19.8M1%+39,34713F-HRTimeline
Geneos Wealth Management Inc.283,065$19.1M0.49%-8,76313F-HRTimeline
KLP KAPITALFORVALTNING AS279,500$19.1M0.08%-27,80013F-HRTimeline
Retirement Systems of Alabama264,774$17.9M0.06%-2,86513F-HRTimeline
VIRGINIA RETIREMENT SYSTEMS ET Al258,690$17.5M0.11%+6,40013F-HRTimeline
MACQUARIE GROUP LTDin group MACQUARIE GROUP LTD260,266$16.9M0.02%+131,47413F-HRTimelineGroup
OSAIC HOLDINGS, INC.in group OSAIC HOLDINGS, INC.238,044$16.1M0.02%+20,99313F-HRTimelineGroup
Jain Global LLC235,431$15.9M0.21%-117,80913F-HRTimeline
Allianz Asset Management GmbHin group Allianz SE230,112$15.5M0.02%-81,23413F-HRTimelineGroup
ROYAL BANK OF CANADAin group ROYAL BANK OF CANADA227,244$15.4M<0.01%-24,80913F-HRTimelineGroup
Achmea Investment Management B.V.in group Achmea Investment Management …213,363$14.4M0.18%013F-HRTimelineGroup
AMERICAN CENTURY COMPANIES INCin group AMERICAN CENTURY COMPANIES INC211,986$14.3M0.01%+42,29413F-HRTimelineGroup
CSM Advisors, LLC211,089$14.3M0.4%-21,42413F-HRTimeline
Lighthouse Investment Partners, LLCin group Lighthouse Investment Partner…210,000$14.2M0.51%-55,00013F-HRTimelineGroup
Carnegie Investment Counsel208,638$14.1M0.27%+17,84313F-HRTimeline
Pictet Asset Management Holding SAin group Pictet Asset Management Holdi…201,430$13.6M0.01%+30,05113F-HRTimelineGroup
RENAISSANCE TECHNOLOGIES LLC185,800$12.6M0.02%+62,80013F-HRTimeline
BNP PARIBAS FINANCIAL MARKETSin group BNP PARIBAS FINANCIAL MARKETS182,562$12.3M0.01%+1,19013F-HRTimelineGroup
Sonora Investment Management Group, LLC182,282$12.3M0.87%-54013F-HRTimeline
STATE BOARD OF ADMINISTRATION OF FLORID…181,007$12.2M0.02%-22,76813F-HRTimeline
Greenland Capital Management LP180,815$11.8M1.73%+96,78313F-HRTimeline
AVIVA PLCin group AVIVA PLC174,261$11.8M0.02%+11,33713F-HRTimelineGroup
Korea Investment CORP173,730$11.7M0.02%+66,30013F-HRTimeline
MANUFACTURERS LIFE INSURANCE COMPANY, T…in group MANUFACTURERS LIFE INSURANCE …167,245$11.3M0.01%-8,13313F-HRTimelineGroup
TRUIST FINANCIAL CORPin group TRUIST FINANCIAL CORP165,278$11.2M0.02%+53913F-HRTimelineGroup
TECTONIC ADVISORS LLCin group TECTONIC ADVISORS LLC163,031$11M0.6%new13F-HRTimelineGroup
NEW YORK STATE TEACHERS RETIREMENT SYST…162,348$11M0.02%+2,92513F-HRTimeline
Quantinno Capital Management LP161,905$10.9M0.03%+25,17113F-HRTimeline
DAVENPORT & Co LLC155,590$10.5M0.06%-4013F-HRTimeline
Kestra Advisory Services, LLCgroup of 3 filers holding153,371$10.4M+47,603Timeline
AXA Investment Managers S.A.151,885$10.3M0.03%13F-HRTimeline
Candriam S.C.A.151,305$10.2M0.05%+3,75613F-HRTimeline
Cambridge Investment Research Advisors,…147,488$9.97M0.03%+7,97013F-HRTimeline
Aberdeen Group plcin group Aberdeen Group plc146,838$9.87M0.02%+3,90613F-HRTimelineGroup
Sequoia Financial Advisors, LLC145,962$9.86M0.06%+1,02713F-HRTimeline
DekaBank Deutsche Girozentrale143,926$9.67M0.02%013F-HRTimeline
Janney Montgomery Scott LLC142,700$9.64M0.02%-5,13313F-HRTimeline
Universal- Beteiligungs- und Serviceges…in group Universal- Beteiligungs- und …140,210$9.47M0.02%-21,99713F-HRTimelineGroup
Illinois Municipal Retirement Fund138,647$9.37M0.12%-12,44513F-HRTimeline
STOREBRAND ASSET MANAGEMENT AS135,798$9.18M0.02%+54,50213F-HRTimeline
Cullen/Frost Bankers, Inc.in group Cullen/Frost Bankers, Inc.135,531$9.16M0.11%-1,95213F-HRTimelineGroup
U.S. Capital Wealth Advisors, LLC134,948$9.12M0.25%+2,95513F-HRTimeline
BNP PARIBAS ASSET MANAGEMENT Holding S.…in group BNP PARIBAS ASSET MANAGEMENT …130,037$8.79M0.02%+6,74413F-HRTimelineGroup
State of Alaska, Department of Revenue129,729$8.77M0.09%-92813F-HRTimeline
Resona Asset Management Co.,Ltd.in group Resona Asset Management Co.,L…127,862$8.69M0.04%+6,95713F-HRTimelineGroup
Allworth Financial LP128,467$8.68M0.04%-3,20813F-HRTimeline
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCH…127,311$8.6M0.04%+82813F-HRTimeline
Mirae Asset Global Investments Co., Ltd.group of 2 filers holding123,733$8.36M-1,892Timeline
ONTARIO TEACHERS PENSION PLAN BOARDin group ONTARIO TEACHERS PENSION PLAN…122,544$8.28M0.19%+23,22513F-HR/ATimelineGroup
VAN ECK ASSOCIATES CORPin group VAN ECK ASSOCIATES CORP122,138$8.25M0.01%+9,80913F-HRTimelineGroup
Seneca House Advisors121,363$8.2M3.31%+3,00913F-HRTimeline
MML INVESTORS SERVICES, LLC119,986$8.11M0.02%-32,33813F-HRTimeline
MetLife Investment Management, LLCin group MetLife Investment Management…118,649$8.02M0.04%-5,43913F-HRTimelineGroup
CRAWFORD INVESTMENT COUNSEL INC118,222$7.99M0.13%+1,35513F-HRTimeline
NEW YORK STATE COMMON RETIREMENT FUND115,438$7.8M0.01%+60013F-HRTimeline
Verdence Capital Advisors LLC116,221$7.77M0.45%013F-HRTimeline
DANSKE BANK A/S114,538$7.74M0.02%+5,90013F-HR/ATimeline
STATE OF WISCONSIN INVESTMENT BOARD114,372$7.73M0.02%-4,34713F-HRTimeline
Waterfront Capital Partners, LLC114,000$7.7M5.04%-82,01513F-HRTimeline
Pacer Advisors, Inc.113,835$7.69M0.02%+14,09813F-HRTimeline
Rock Point Advisors, LLC112,990$7.63M2.02%-73013F-HRTimeline
Caisse de depot et placement du Quebec111,896$7.56M0.01%-47,74113F-HRTimeline
Creative Planningin group Creative Planning110,350$7.46M0.01%+22,78513F-HRTimelineGroup
SEI INVESTMENTS COin group SEI INVESTMENTS CO104,786$7.08M0.01%+7,80313F-HRTimelineGroup
Verition Fund Management LLC102,977$6.96M0.04%new13F-HRTimeline
Russell Investments Group, Ltd.in group Russell Investments Group, Lt…102,703$6.94M0.01%+15,50913F-HRTimelineGroup
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLCin group MUTUAL OF AMERICA CAPITAL MAN…101,136$6.83M0.07%-7,76113F-HRTimelineGroup
AMALGAMATED BANK100,237$6.77M0.05%-4213F-HRTimeline
Daiwa Securities Group Inc.in group Daiwa Securities Group Inc.99,736$6.74M0.02%+2,76113F-HRTimelineGroup
ROYAL LONDON ASSET MANAGEMENT LTD98,574$6.66M0.01%-9,40313F-HRTimeline
MERCER GLOBAL ADVISORS INC /ADV96,232$6.5M0.01%-11,76113F-HRTimeline
PRUDENTIAL FINANCIAL INCin group PRUDENTIAL FINANCIAL INC94,332$6.37M0.01%-20,32413F-HRTimelineGroup
Focus Partners Wealthgroup of 2 filers holding93,260$6.29M+11,303Timeline
Pensionfund PDNgroup of 2 filers holding90,104$6.09M-2,000Timeline
Wealthfront Advisers LLC87,362$5.9M0.01%-13,34113F-HRTimeline
Dupree Financial Group, LLC86,389$5.84M2.22%+2,93313F-HRTimeline
SHEETS SMITH WEALTH MANAGEMENT85,510$5.78M0.65%-6,20813F-HRTimeline
Prairiewood Capital, LLC85,495$5.78M1.92%+6,56713F-HRTimeline
State of Tennessee, Department of Treas…85,334$5.77M0.02%013F-HRTimeline
PRUDENTIAL PLCin group PRUDENTIAL PLC84,748$5.73M0.04%new13F-HRTimelineGroup
Andra AP-fonden83,200$5.62M0.07%-77,50013F-HRTimeline
Mariner, LLCin group Mariner, LLC82,960$5.61M0.01%+18,32213F-HRTimelineGroup
STRS OHIO80,883$5.47M0.02%-150,45413F-HRTimeline
IFM Investors Pty Ltd78,512$5.37M0.05%+48113F-HRTimeline
Te Ahumairangi Investment Management Ltd79,497$5.37M0.91%+95013F-HRTimeline
Heitman Real Estate Securities LLCin group Heitman Real Estate Securitie…79,403$5.37M0.37%+15,46913F-HRTimelineGroup
YOUSIF CAPITAL MANAGEMENT, LLC78,083$5.28M0.06%-5,08313F-HRTimeline
ADVOCATE GROUP LLC78,016$5.27M0.87%+33713F-HRTimeline
Skandinaviska Enskilda Banken AB (publ)74,475$5.03M0.02%-189,39813F-HRTimeline
HEALTHCARE OF ONTARIO PENSION PLAN TRUS…74,000$5M0.01%013F-HRTimeline
MERITAGE PORTFOLIO MANAGEMENT73,810$4.99M0.33%-1,22713F-HRTimeline
Adams Asset Advisors, LLC71,438$4.83M0.62%-53713F-HRTimeline
Sumitomo Mitsui DS Asset Management Com…in group SUMITOMO MITSUI FINANCIAL GRO…71,048$4.8M0.04%-7813F-HRTimelineGroup
CIBC Bancorp USA Inc.group of 2 filers holding70,391$4.76M+67,357Timeline
Cohen Capital Management, Inc.70,141$4.74M0.74%+113F-HRTimeline
NewSquare Capital LLC68,673$4.64M0.31%+28013F-HRTimeline
TEACHERS RETIREMENT SYSTEM OF THE STATE…68,120$4.6M0.04%013F-HRTimeline
State of New Jersey Common Pension Fund…in group State of New Jersey Common Pe…67,825$4.58M0.02%+4,08713F-HRTimelineGroup
Beacon Pointe Advisors, LLC66,958$4.52M0.04%-7,44613F-HRTimeline
CIBC WORLD MARKET INC.66,186$4.47M0.01%+1,90113F-HRTimeline
UniSuper Management Pty Ltd65,400$4.42M0.03%013F-HRTimeline
ARIZONA STATE RETIREMENT SYSTEM64,534$4.36M0.02%+53213F-HRTimeline
FORSTA AP-FONDEN64,200$4.34M0.03%+4,50013F-HRTimeline
TT Capital Management LLC61,992$4.19M3.2%-4,40113F-HRTimeline
EXCHANGE TRADED CONCEPTS, LLC61,601$4.16M0.04%-2,32613F-HRTimeline
Ensign Peak Advisors, Inc61,353$4.15M0.01%-14,46713F-HR/ATimeline
Louisiana State Employees Retirement Sy…61,000$4.12M0.07%-60013F-HRTimeline
Swedbank ABin group Swedbank AB60,596$4.09M<0.01%+11,82113F-HRTimelineGroup
NISSAY ASSET MANAGEMENT CORP /JAPAN60,392$4.08M0.02%-37613F-HRTimeline
STATE OF MICHIGAN RETIREMENT SYSTEM59,800$4.04M0.02%-60013F-HRTimeline
Handelsbanken Fonder AB58,800$3.97M0.01%013F-HRTimeline
NORTHWESTERN MUTUAL INVESTMENT MANAGEME…group of 2 filers holding58,677$3.96M+1,280Timeline
IEQ CAPITAL, LLC57,876$3.91M0.01%+53,34013F-HRTimeline
Thrivent Financial for Lutheransin group Thrivent Financial for Luther…57,858$3.91M0.01%-6,69413F-HRTimelineGroup
Federation des caisses Desjardins du Qu…57,481$3.88M0.02%+43,85013F-HRTimeline
Cresset Asset Management, LLC54,586$3.74M0.02%+1,05913F-HR/ATimeline
NEUBERGER BERMAN GROUP LLCin group NEUBERGER BERMAN GROUP LLC54,905$3.71M<0.01%+16,20313F-HRTimelineGroup
BROWN, LISLE/CUMMINGS, INC.53,601$3.62M0.93%+5,45413F-HRTimeline
Alpha Omega Wealth Management LLC51,838$3.5M0.58%-92513F-HR/ATimeline
Metis Global Partners, LLC51,820$3.5M0.08%+12,88813F-HRTimeline
Creegan & Nassoura Financial Group, LLC51,655$3.49M2.25%-5,37013F-HRTimeline
FULLER & THALER ASSET MANAGEMENT, INC.50,925$3.44M0.01%-66913F-HRTimeline
ROMANO BROTHERS AND COMPANY50,235$3.39M0.39%-1,70013F-HRTimeline
Baird Financial Group, Inc.in group Baird Financial Group, Inc.49,535$3.35M0.01%+53113F-HRTimelineGroup
SCHRODER INVESTMENT MANAGEMENT GROUP48,302$3.24M<0.01%+16,58013F-HRTimeline
COLDSTREAM CAPITAL MANAGEMENT INC47,241$3.19M0.04%-3,91613F-HRTimeline
BANK OF MONTREAL /CAN/in group BANK OF MONTREAL /CAN/46,966$3.17M<0.01%+2,27013F-HRTimelineGroup
Corient Private Wealth LPin group Corient Private Wealth LP46,842$3.17M<0.01%+1413F-HRTimelineGroup
HighTower Advisors, LLC46,820$3.16M<0.01%-913F-HRTimeline
Uniplan Investment Counsel, Inc.46,581$3.15M0.31%new13F-HRTimeline
OSTRUM ASSET MANAGEMENT45,938$3.1M0.14%+7,20813F-HRTimeline
Freedom Financial Partners LLC45,757$3.09M1.18%+13013F-HRTimeline