Broadstone Net Lease
210 hedge funds and large institutions have $2.95B invested in Broadstone Net Lease in 2021 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 80 increasing their positions, 55 reducing their positions, and 26 closing their positions.
257% more call options, than puts
Call options by funds: $6.53M | Put options by funds: $1.83M
45% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 55
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
8% more capital invested
Capital invested by funds: $2.74B → $2.95B (+$210M)
3% more funds holding
Funds holding: 203 → 210 (+7)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
5.49% less ownership
Funds ownership: 80.39% → 74.9% (-5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$107M |
| 2 |
SPC
Stone Point Capital
Greenwich,
Connecticut
|
+$20M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$16.5M |
| 4 |
TA
Tiedemann Advisors
New York
|
+$14.6M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$75M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$44.7M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$20.3M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$12.1M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
226
Raymond James & Associates
St Petersburg,
Florida
| – | -$428K | -18,293 | Closed |
|
|
BFM
227
Boothbay Fund Management
New York
| – | -$410K | -17,500 | Closed |
|
|
CG
228
Colony Group
Boston,
Massachusetts
| – | -$334K | -14,288 | Closed |
|
|
BCM
229
Bayesian Capital Management
Brooklyn,
New York
| – | -$325K | -13,900 | Closed |
|
|
EW
230
Evoke Wealth
Los Angeles,
California
| – | -$269K | -11,491 | Closed |
|
|
PFO
231
Pathstone Family Office
Englewood,
New Jersey
| – | -$240K | -10,257 | Closed |
|
|
XT
232
XTX Topco
George Town,
Cayman Islands
| – | -$201K | -8,583 | Closed |
|
|
CL
233
CSS LLC
Chicago,
Illinois
| – | -$117K | -5,000 | Closed |
|
|
EVM
234
Eaton Vance Management
Boston,
Massachusetts
| – | -$71K | -3,030 | Closed |
|
235
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$21K | -882 | Closed |
|
BNL Hedge Fund Activity: Q3 2021 in Review
210 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q3 2021, worth a combined $2.95B — up 7.7% from $2.74B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BNL positions and 26 closed out — a net gain of 8 holders — while 80 added to existing stakes and 55 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $107M. The largest seller was United Capital Financial Advisors, cutting an estimated $75M.
- 210 institutional investors held Broadstone Net Lease (BNL) as of Q3 2021, up from 203 in Q2 2021.
- Funds reported $2.95B of Broadstone Net Lease stock for Q3 2021, up 7.7% quarter-over-quarter.
- 34 funds opened new Broadstone Net Lease positions in Q3 2021 and 26 closed out, a net change of +8 holders.
- The largest Broadstone Net Lease buyer in Q3 2021 was AllianceBernstein, an estimated $107M added.
- The largest Broadstone Net Lease seller in Q3 2021 was United Capital Financial Advisors, an estimated $75M sold.
Based on aggregated 13F filings for Q3 2021.