Broadstone Net Lease
246 hedge funds and large institutions have $2.35B invested in Broadstone Net Lease in 2022 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 97 increasing their positions, 68 reducing their positions, and 26 closing their positions.
3,042% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $33K
46% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 26
43% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 68
9% more capital invested
Capital invested by funds: $2.16B → $2.35B (+$190M)
3.88% more ownership
Funds ownership: 80.35% → 84.23% (+3.9%)
3% more funds holding
Funds holding: 238 → 246 (+8)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$37.8M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$36.9M |
| 3 |
BlackRock
New York
|
+$33.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.6M |
| 5 |
LPC
Long Pond Capital
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$33.2M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$21.3M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$18M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$11.8M |
| 5 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$9.25M |
BNL Hedge Fund Activity: Q4 2022 in Review
246 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q4 2022, worth a combined $2.35B — up 8.8% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BNL positions and 26 closed out — a net gain of 12 holders — while 97 added to existing stakes and 68 trimmed.
The largest buyer was CBRE Investment Management Listed Real Assets, adding an estimated $37.8M. The largest seller was Millennium Management, cutting an estimated $33.2M.
- 246 institutional investors held Broadstone Net Lease (BNL) as of Q4 2022, up from 238 in Q3 2022.
- Funds reported $2.35B of Broadstone Net Lease stock for Q4 2022, up 8.8% quarter-over-quarter.
- 38 funds opened new Broadstone Net Lease positions in Q4 2022 and 26 closed out, a net change of +12 holders.
- The largest Broadstone Net Lease buyer in Q4 2022 was CBRE Investment Management Listed Real Assets, an estimated $37.8M added.
- The largest Broadstone Net Lease seller in Q4 2022 was Millennium Management, an estimated $33.2M sold.
Based on aggregated 13F filings for Q4 2022.