Broadstone Net Lease
238 hedge funds and large institutions have $2.16B invested in Broadstone Net Lease in 2022 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 86 increasing their positions, 64 reducing their positions, and 20 closing their positions.
4,446% more call options, than puts
Call options by funds: $1.18M | Put options by funds: $26K
105% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 20
34% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 64
8% more funds holding
Funds holding: 220 → 238 (+18)
4% more ownership
Funds ownership: 76.35% → 80.35% (+4%)
25% less capital invested
Capital invested by funds: $2.88B → $2.16B (-$717M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$51.7M |
| 2 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
+$38.4M |
| 3 |
Millennium Management
New York
|
+$29.7M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$23.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$25.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$24.4M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$19.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.43M |
BNL Hedge Fund Activity: Q3 2022 in Review
238 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q3 2022, worth a combined $2.16B — down 25% from $2.88B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new BNL positions and 20 closed out — a net gain of 21 holders — while 86 added to existing stakes and 64 trimmed.
The largest buyer was Centersquare Investment Management, adding an estimated $51.7M. The largest seller was United Capital Financial Advisors, cutting an estimated $25.2M.
- 238 institutional investors held Broadstone Net Lease (BNL) as of Q3 2022, up from 220 in Q2 2022.
- Funds reported $2.16B of Broadstone Net Lease stock for Q3 2022, down 25% quarter-over-quarter.
- 41 funds opened new Broadstone Net Lease positions in Q3 2022 and 20 closed out, a net change of +21 holders.
- The largest Broadstone Net Lease buyer in Q3 2022 was Centersquare Investment Management, an estimated $51.7M added.
- The largest Broadstone Net Lease seller in Q3 2022 was United Capital Financial Advisors, an estimated $25.2M sold.
Based on aggregated 13F filings for Q3 2022.