Broadstone Net Lease
91 hedge funds and large institutions have $891M invested in Broadstone Net Lease in 2020 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 14 closing their positions.
250% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 14
60% more funds holding
Funds holding: 57 → 91 (+34)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
18% less capital invested
Capital invested by funds: $1.08B → $891M (-$191M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
73.1% less ownership
Funds ownership: 196.15% → 123.05% (-73%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$42.5M |
| 2 |
SPC
Stone Point Capital
Greenwich,
Connecticut
|
+$34.8M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$22.6M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$14.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$405M |
| 2 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$22.9M |
| 3 |
Cohen & Steers
New York
|
-$20.8M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$16.7M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$14.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Voloridge Investment Management
Jupiter,
Florida
| – | -$839K | -50,000 | Closed |
|
102
Tudor Investment Corp
Stamford,
Connecticut
| – | -$457K | -27,229 | Closed |
|
|
MFS
103
Mirabella Financial Services
London,
United Kingdom
| – | -$313K | -18,678 | Closed |
|
104
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$247 | +14 | New |
|
|
IFAM
105
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | +$318 | +18 | New |
|
BNL Hedge Fund Activity: Q4 2020 in Review
91 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q4 2020, worth a combined $891M — down 18% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BNL positions and 14 closed out — a net gain of 35 holders — while 20 added to existing stakes and 20 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $42.5M. The largest seller was United Capital Financial Advisors, cutting an estimated $405M.
- 91 institutional investors held Broadstone Net Lease (BNL) as of Q4 2020, up from 57 in Q3 2020.
- Funds reported $891M of Broadstone Net Lease stock for Q4 2020, down 18% quarter-over-quarter.
- 49 funds opened new Broadstone Net Lease positions in Q4 2020 and 14 closed out, a net change of +35 holders.
- The largest Broadstone Net Lease buyer in Q4 2020 was BlackRock, an estimated $42.5M added.
- The largest Broadstone Net Lease seller in Q4 2020 was United Capital Financial Advisors, an estimated $405M sold.
Based on aggregated 13F filings for Q4 2020.