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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.

New
Increased
Maintained
Reduced
Closed

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: 238246 (+8)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
246
Holders Change
+8
Holders Change %
+3.36%
% of All Funds
3.95%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
38
Increased
97
Reduced
68
Closed
26
Calls
$1.04M
Puts
$33K
Net Calls
+$1M
Net Calls Change
-$152K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$405M +$33.6M +2,009,687 +9%
BlackRock
2
BlackRock
New York
$268M +$33.9M +2,025,105 +14%
Principal Financial Group
3
Principal Financial Group
Iowa
$212M -$6.04M -361,206 -3%
UCFA
4
United Capital Financial Advisors
Texas
$149M -$21.3M -1,276,281 -12%
State Street
5
State Street
Massachusetts
$134M +$3.67M +219,403 +3%
CIM
6
Centersquare Investment Management
Pennsylvania
$100M +$8.52M +509,868 +9%
AllianceBernstein
7
AllianceBernstein
Tennessee
$99.4M -$448K -26,814 -0.4%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$65M +$5.93M +354,650 +10%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$58M +$2.58M +154,608 +5%
N
10
Nuveen
North Carolina
$45.2M +$36.9M +2,209,360 +382%
NEPWA
11
New England Private Wealth Advisors
Massachusetts
$42M -$6.45M -385,745 -13%
CIMLRA
12
CBRE Investment Management Listed Real Assets
Pennsylvania
$36.8M +$37.8M +2,258,295 +19,607%
Charles Schwab
13
Charles Schwab
California
$36.8M +$2.05M +122,501 +6%
SPC
14
Stone Point Capital
Connecticut
$36.6M
Northern Trust
15
Northern Trust
Illinois
$33.2M -$2.71M -162,321 -7%
Balyasny Asset Management
16
Balyasny Asset Management
Illinois
$30.9M -$1.77M -105,666 -5%
LWP
17
Lumature Wealth Partners
Georgia
$28.6M -$2.02M -121,097 -6%
Norges Bank
18
Norges Bank
Norway
$28.4M +$5.32M +318,069 +22%
Creative Planning
19
Creative Planning
Kansas
$23.4M -$674K -40,317 -3%
CCA
20
Cobblestone Capital Advisors
New York
$22.9M -$266K -15,926 -1%
PA
21
Paralel Advisors
Colorado
$22.7M +$7.38M +441,601 +46%
HSBC Holdings
22
HSBC Holdings
United Kingdom
$22.4M +$4.54M +271,475 +24%
RGREA
23
Ranger Global Real Estate Advisors
Colorado
$20.8M -$9.25M -553,402 -29%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$20.6M +$2.98M +178,207 +16%
JP Morgan Chase
25
JP Morgan Chase
New York
$18.4M +$1.26M +75,277 +7%

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.