Broadstone Net Lease
BNL
279 hedge funds and large institutions have $2.41B invested in Broadstone Net Lease in 2024 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 102 increasing their positions, 93 reducing their positions, and 35 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 93
9% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 35
0% more funds holding
Funds holding: 278 → 279 (+1)
1% less capital invested
Capital invested by funds: $2.43B → $2.41B (-$25.6M)
2.18% less ownership
Funds ownership: 82.59% → 80.41% (-2.2%)
19% less call options, than puts
Call options by funds: $3.75M | Put options by funds: $4.63M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$42.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$15.6M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$15M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$11.1M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$9.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$39.5M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$31.5M |
| 3 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$20.7M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$17.8M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$12.8M |
BNL Hedge Fund Activity: Q2 2024 in Review
279 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q2 2024, worth a combined $2.41B — down 1.1% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BNL positions and 35 closed out — a net gain of 3 holders — while 102 added to existing stakes and 93 trimmed.
The largest buyer was Millennium Management, adding an estimated $42.1M. The largest seller was CBRE Investment Management Listed Real Assets, exiting entirely with an estimated $39.5M sold.
- 279 institutional investors held Broadstone Net Lease (BNL) as of Q2 2024, up from 278 in Q1 2024.
- Funds reported $2.41B of Broadstone Net Lease stock for Q2 2024, down 1.1% quarter-over-quarter.
- 38 funds opened new Broadstone Net Lease positions in Q2 2024 and 35 closed out, a net change of +3 holders.
- The largest Broadstone Net Lease buyer in Q2 2024 was Millennium Management, an estimated $42.1M added.
- The largest Broadstone Net Lease seller in Q2 2024 was CBRE Investment Management Listed Real Assets, an estimated $39.5M sold.
Based on aggregated 13F filings for Q2 2024.