Broadstone Net Lease
259 hedge funds and large institutions have $2.28B invested in Broadstone Net Lease in 2023 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 104 increasing their positions, 68 reducing their positions, and 16 closing their positions.
194% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 16
53% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 68
14% more funds holding
Funds holding: 228 → 259 (+31)
0.75% more ownership
Funds ownership: 78.03% → 78.78% (+0.75%)
8% less capital invested
Capital invested by funds: $2.48B → $2.28B (-$193M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
40% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $2.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.4M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$10.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$9.77M |
| 5 |
JP Morgan Chase
New York
|
+$8.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Stone Point Capital
Greenwich,
Connecticut
|
-$34.6M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$23.8M |
| 3 |
Millennium Management
New York
|
-$15.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$12.9M |
| 5 |
PA
Paralel Advisors
Denver,
Colorado
|
-$11.1M |
BNL Hedge Fund Activity: Q2 2023 in Review
259 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q2 2023, worth a combined $2.28B — down 7.8% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new BNL positions and 16 closed out — a net gain of 31 holders — while 104 added to existing stakes and 68 trimmed.
The largest buyer was BlackRock, adding an estimated $22.8M. The largest seller was Stone Point Capital, exiting entirely with an estimated $34.6M sold.
- 259 institutional investors held Broadstone Net Lease (BNL) as of Q2 2023, up from 228 in Q1 2023.
- Funds reported $2.28B of Broadstone Net Lease stock for Q2 2023, down 7.8% quarter-over-quarter.
- 47 funds opened new Broadstone Net Lease positions in Q2 2023 and 16 closed out, a net change of +31 holders.
- The largest Broadstone Net Lease buyer in Q2 2023 was BlackRock, an estimated $22.8M added.
- The largest Broadstone Net Lease seller in Q2 2023 was Stone Point Capital, an estimated $34.6M sold.
Based on aggregated 13F filings for Q2 2023.