Broadstone Net Lease
144 hedge funds and large institutions have $1.36B invested in Broadstone Net Lease in 2021 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 14 closing their positions.
723% more call options, than puts
Call options by funds: $1.85M | Put options by funds: $225K
379% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 14
350% more funds holding in top 10
Funds holding in top 10: 2 → 9 (+7)
58% more funds holding
Funds holding: 91 → 144 (+53)
52% more capital invested
Capital invested by funds: $891M → $1.36B (+$464M)
26% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 27
55.08% less ownership
Funds ownership: 123.05% → 67.97% (-55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$419M |
| 2 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
+$65.9M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$36.6M |
| 4 |
BlackRock
New York
|
+$35.9M |
| 5 |
LWP
Lumature Wealth Partners
Alpharetta,
Georgia
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$87.5M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
-$78.9M |
| 3 |
Cohen & Steers
New York
|
-$46.8M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$8.6M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$7.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
SG Americas Securities
New York
| – | -$145K | -7,426 | Closed |
|
152
Acadian Asset Management
Boston,
Massachusetts
| – | -$82K | -4,206 | Closed |
|
|
FC
153
FORA Capital
Miami,
Florida
| – | -$33K | -1,686 | Closed |
|
|
PHK
154
Point72 Hong Kong
Hong Kong
| – | -$17K | -881 | Closed |
|
|
QCG
155
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$388 | +21 | New |
|
|
BCA
156
Berman Capital Advisors
Atlanta,
Georgia
| – | +$406 | +22 | New |
|
BNL Hedge Fund Activity: Q1 2021 in Review
144 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q1 2021, worth a combined $1.36B — up 52% from $891M a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new BNL positions and 14 closed out — a net gain of 53 holders — while 34 added to existing stakes and 27 trimmed.
The largest buyer was United Capital Financial Advisors, adding an estimated $419M. The largest seller was Principal Financial Group, cutting an estimated $87.5M.
- 144 institutional investors held Broadstone Net Lease (BNL) as of Q1 2021, up from 91 in Q4 2020.
- Funds reported $1.36B of Broadstone Net Lease stock for Q1 2021, up 52% quarter-over-quarter.
- 67 funds opened new Broadstone Net Lease positions in Q1 2021 and 14 closed out, a net change of +53 holders.
- The largest Broadstone Net Lease buyer in Q1 2021 was United Capital Financial Advisors, an estimated $419M added.
- The largest Broadstone Net Lease seller in Q1 2021 was Principal Financial Group, an estimated $87.5M sold.
Based on aggregated 13F filings for Q1 2021.