HGI Capital Management’s Broadstone Net Lease BNL Stock Holding History

HGI Capital Management’s Portfolio BNL Stock Details BNL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	$1.23M	Buy	+68,558	New	+$1.18M	3.37%	20
2024 Q4	–	Sell	-215,154	Closed	-$4.08M	–	20
2024 Q3	$4.08M	Buy	+215,154	New	+$3.81M	3.56%	12
2024 Q2	–	Sell	-19,649	Closed	-$308K	–	23
2024 Q1	$308K	Sell	19,649 -23,589	-55%	-$372K	0.33%	39
2023 Q4	$745K	Buy	43,238 +1,055	+3%	+$16.3K	0.85%	25
2023 Q3	$603K	Sell	42,183 -59,510	-59%	-$952K	0.69%	30
2023 Q2	$1.57M	Buy	+101,693	New	+$1.63M	0.75%	36
2021 Q4	–	Sell	-11,557	Closed	-$287K	–	71
2021 Q3	$287K	Sell	11,557 -40,943	-78%	-$1.06M	0.12%	63
2021 Q2	$1.23M	Buy	+52,500	New	+$1.13M	0.43%	51

Other funds holding BNL

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

CIM

Centersquare Investment Management Conshohocken, Pennsylvania $11.7B AUM 20.39% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return

Nuveen Charlotte, North Carolina $419B AUM 43.02% 1-Year Est. Return

ACM

AEW Capital Management Boston, Massachusetts $1.67B AUM 19.67% 1-Year Est. Return

Fuller & Thaler Asset Management San Mateo, California $36.7B AUM 74.15% 1-Year Est. Return

Charles Schwab San Francisco, California $751B AUM 38.74% 1-Year Est. Return

HGI Capital Management's BNL Position: Q3 2025 in Review

HGI Capital Management opened a new position in Broadstone Net Lease (BNL) in Q3 2025: 68,558 shares worth $1.23M. The stake represents 3.37% of the portfolio and ranks #20 among its holdings. This is a return to the name: HGI Capital Management previously reported a position in BNL as recently as Q3 2024.

HGI Capital Management first reported a position in BNL in Q2 2021 and has held it in 8 quarters since. The position peaked at $4.08M in Q3 2024. 331 funds tracked by Wall St. Rank hold BNL as of Q3 2025.

HGI Capital Management held 68,558 shares of Broadstone Net Lease worth $1.23M as of Q3 2025.
Broadstone Net Lease was a new HGI Capital Management position in Q3 2025.
Broadstone Net Lease made up 3.37% of HGI Capital Management's portfolio in Q3 2025, its #20 holding.
HGI Capital Management first reported a position in Broadstone Net Lease in Q2 2021 and has held it in 8 quarters since.
HGI Capital Management's Broadstone Net Lease position peaked at $4.08M in Q3 2024.
331 funds tracked by Wall St. Rank held Broadstone Net Lease as of Q3 2025.

Based on HGI Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.