Broadstone Net Lease
228 hedge funds and large institutions have $2.48B invested in Broadstone Net Lease in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 89 increasing their positions, 68 reducing their positions, and 37 closing their positions.
225% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $377K
31% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 68
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% more capital invested
Capital invested by funds: $2.35B → $2.48B (+$126M)
5.62% less ownership
Funds ownership: 83.65% → 78.03% (-5.6%)
7% less funds holding
Funds holding: 245 → 228 (-17)
41% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.3M |
| 2 |
Millennium Management
New York
|
+$19.5M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$19.1M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$9.8M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$9.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$29.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$20M |
| 3 |
LPC
Long Pond Capital
New York
|
-$11.9M |
| 4 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
-$9.8M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$7.35M |
BNL Hedge Fund Activity: Q1 2023 in Review
228 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q1 2023, worth a combined $2.48B — up 5.4% from $2.35B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of BNL and 22 opened new positions — a net loss of 15 holders — while 68 trimmed existing stakes and 89 added.
The largest buyer was Vanguard Group, adding an estimated $35.3M. The largest seller was United Capital Financial Advisors, cutting an estimated $29.7M.
- 228 institutional investors held Broadstone Net Lease (BNL) as of Q1 2023, down from 245 in Q4 2022.
- Funds reported $2.48B of Broadstone Net Lease stock for Q1 2023, up 5.4% quarter-over-quarter.
- 22 funds opened new Broadstone Net Lease positions in Q1 2023 and 37 closed out, a net change of -15 holders.
- The largest Broadstone Net Lease buyer in Q1 2023 was Vanguard Group, an estimated $35.3M added.
- The largest Broadstone Net Lease seller in Q1 2023 was United Capital Financial Advisors, an estimated $29.7M sold.
Based on aggregated 13F filings for Q1 2023.