Broadstone Net Lease
278 hedge funds and large institutions have $2.68B invested in Broadstone Net Lease in 2023 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 106 increasing their positions, 83 reducing their positions, and 30 closing their positions.
206% more call options, than puts
Call options by funds: $2.95M | Put options by funds: $962K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
63% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 30
28% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 83
24% more capital invested
Capital invested by funds: $2.17B → $2.68B (+$510M)
6% more funds holding
Funds holding: 263 → 278 (+15)
2.13% more ownership
Funds ownership: 80.84% → 82.97% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$21.2M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$18.8M |
| 3 |
Millennium Management
New York
|
+$17.5M |
| 4 |
Morgan Stanley
New York
|
+$15.6M |
| 5 |
Cohen & Steers
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$55.6M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$34.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$13.4M |
| 4 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$11.4M |
| 5 |
Goldman Sachs
New York
|
-$6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CP
301
Castleview Partners
Dallas,
Texas
| – | -$35.5K | -2,486 | Closed |
|
302
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$31.3K | -2,031 | -99% |
|
|
BWL
303
Bogart Wealth LLC
Mclean,
Virginia
| – | -$1.36K | -95 | Closed |
|
|
WT
304
Washington Trust
Westerly,
Rhode Island
| – | -$915 | -64 | Closed |
|
|
RFG
305
RFP Financial Group
Atlanta,
Georgia
| – | -$815 | -57 | Closed |
|
|
BAAM
306
Baker Avenue Asset Management
San Francisco,
California
| – | -$300 | -21 | Closed |
|
|
GWS
307
Glassman Wealth Services
Vienna,
Virginia
| – | -$86 | -6 | Closed |
|
BNL Hedge Fund Activity: Q4 2023 in Review
278 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q4 2023, worth a combined $2.68B — up 24% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BNL positions and 30 closed out — a net gain of 19 holders — while 106 added to existing stakes and 83 trimmed.
The largest buyer was BlackRock, adding an estimated $21.2M. The largest seller was United Capital Financial Advisors, cutting an estimated $55.6M.
- 278 institutional investors held Broadstone Net Lease (BNL) as of Q4 2023, up from 263 in Q3 2023.
- Funds reported $2.68B of Broadstone Net Lease stock for Q4 2023, up 24% quarter-over-quarter.
- 49 funds opened new Broadstone Net Lease positions in Q4 2023 and 30 closed out, a net change of +19 holders.
- The largest Broadstone Net Lease buyer in Q4 2023 was BlackRock, an estimated $21.2M added.
- The largest Broadstone Net Lease seller in Q4 2023 was United Capital Financial Advisors, an estimated $55.6M sold.
Based on aggregated 13F filings for Q4 2023.