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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.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 14

60% more funds holding

Funds holding: 5791 (+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: 32 (-1)

73.1% less ownership

Funds ownership: 196.15%123.05% (-73%)

Holders
91
Holders Change
+34
Holders Change %
+59.65%
% of All Funds
1.61%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
49
Increased
20
Reduced
20
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cohen & Steers
1
Cohen & Steers
New York
$124M -$20.8M -1,177,632 -16%
Principal Financial Group
2
Principal Financial Group
Iowa
$93.2M +$22.6M +1,279,539 +37%
RC
3
Resolution Capital
Australia
$83.8M +$436K +24,651 +0.6%
GT
4
Glenmede Trust
Pennsylvania
$78.8M +$271K +15,322 +0.4%
Vanguard Group
5
Vanguard Group
Pennsylvania
$61.9M +$10.1M +569,418 +22%
CIM
6
Centersquare Investment Management
Pennsylvania
$60.6M +$8.49M +480,646 +18%
BlackRock
7
BlackRock
New York
$47.1M +$42.5M +2,403,315 New
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$46.9M +$3.07M +173,775 +8%
SPC
9
Stone Point Capital
Connecticut
$38.6M +$34.8M +1,969,569 New
N
10
Nuveen
North Carolina
$21.8M +$4.19M +237,047 +27%
Millennium Management
11
Millennium Management
New York
$17.3M -$6.58M -372,139 -30%
VLKIM
12
Van Lanschot Kempen Investment Management
Netherlands
$17.2M -$480K -27,187 -3%
ACI
13
AMP Capital Investors
Australia
$16.4M -$175K -9,878 -1%
AA
14
ALPS Advisors
Colorado
$15.7M +$14.1M +800,000 New
JP Morgan Chase
15
JP Morgan Chase
New York
$12.7M +$1.75M +98,929 +18%
MWP
16
MYCIO Wealth Partners
Pennsylvania
$11.7M
State Street
17
State Street
Massachusetts
$10.9M +$9.72M +550,210 New
Geode Capital Management
18
Geode Capital Management
Massachusetts
$10.7M +$9.62M +544,534 New
SEI Investments
19
SEI Investments
Pennsylvania
$9.37M -$155K -8,790 -2%
Northern Trust
20
Northern Trust
Illinois
$8.05M +$7.27M +411,264 New
Charles Schwab
21
Charles Schwab
California
$7.63M +$6.88M +389,395 New
UOC
22
UBS O'Connor
Illinois
$6.11M +$5.52M +312,200 New
GC
23
Gillson Capital
Illinois
$6.03M +$839K +47,504 +18%
MWNA
24
Marshall Wace North America
New York
$5.98M -$14.4M -815,580 -73%
Franklin Resources
25
Franklin Resources
California
$5.37M +$191K +10,803 +4%

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.