Broadstone Net Lease
203 hedge funds and large institutions have $2.74B invested in Broadstone Net Lease in 2021 Q2 according to their latest regulatory filings, with 87 funds opening new positions, 67 increasing their positions, 34 reducing their positions, and 27 closing their positions.
222% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 27
152% more call options, than puts
Call options by funds: $6.45M | Put options by funds: $2.56M
102% more capital invested
Capital invested by funds: $1.36B → $2.74B (+$1.39B)
97% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 34
41% more funds holding
Funds holding: 144 → 203 (+59)
12.41% more ownership
Funds ownership: 67.97% → 80.39% (+12%)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$401M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$244M |
| 3 |
BlackRock
New York
|
+$166M |
| 4 |
State Street
Boston,
Massachusetts
|
+$101M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$93M |
| 2 |
Cohen & Steers
New York
|
-$81.9M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$30.1M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$25.8M |
| 5 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$19.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RC
226
Resolution Capital
Sydney, NSW,
Australia
| – | -$209K | -11,438 | Closed |
|
227
Marshall Wace
London,
United Kingdom
| – | -$197K | -10,748 | Closed |
|
|
CAG
228
Crestwood Advisors Group
Boston,
Massachusetts
| – | -$184K | -10,036 | Closed |
|
|
VFA
229
Valeo Financial Advisors
Carmel,
Indiana
| – | -$25K | -1,378 | Closed |
|
BNL Hedge Fund Activity: Q2 2021 in Review
203 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q2 2021, worth a combined $2.74B — up 102% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new BNL positions and 27 closed out — a net gain of 60 holders — while 67 added to existing stakes and 34 trimmed.
The largest buyer was Vanguard Group, adding an estimated $401M. The largest seller was United Capital Financial Advisors, cutting an estimated $93M.
- 203 institutional investors held Broadstone Net Lease (BNL) as of Q2 2021, up from 144 in Q1 2021.
- Funds reported $2.74B of Broadstone Net Lease stock for Q2 2021, up 102% quarter-over-quarter.
- 87 funds opened new Broadstone Net Lease positions in Q2 2021 and 27 closed out, a net change of +60 holders.
- The largest Broadstone Net Lease buyer in Q2 2021 was Vanguard Group, an estimated $401M added.
- The largest Broadstone Net Lease seller in Q2 2021 was United Capital Financial Advisors, an estimated $93M sold.
Based on aggregated 13F filings for Q2 2021.