Broadstone Net Lease
263 hedge funds and large institutions have $2.17B invested in Broadstone Net Lease in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 102 increasing their positions, 87 reducing their positions, and 26 closing their positions.
63% more call options, than puts
Call options by funds: $1.79M | Put options by funds: $1.1M
23% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 26
17% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 87
2.04% more ownership
Funds ownership: 78.78% → 80.83% (+2%)
2% more funds holding
Funds holding: 259 → 263 (+4)
5% less capital invested
Capital invested by funds: $2.28B → $2.17B (-$114M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$49.1M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$35.6M |
| 3 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$19.3M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$12.3M |
| 5 |
TA
Tiedemann Advisors
New York
|
+$8.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$20.6M |
| 2 |
PA
Paralel Advisors
Denver,
Colorado
|
-$11M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$10.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.97M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$6.98M |
BNL Hedge Fund Activity: Q3 2023 in Review
263 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Broadstone Net Lease (BNL) for Q3 2023, worth a combined $2.17B — down 5% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BNL positions and 26 closed out — a net gain of 6 holders — while 102 added to existing stakes and 87 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $49.1M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $20.6M.
- 263 institutional investors held Broadstone Net Lease (BNL) as of Q3 2023, up from 259 in Q2 2023.
- Funds reported $2.17B of Broadstone Net Lease stock for Q3 2023, down 5% quarter-over-quarter.
- 32 funds opened new Broadstone Net Lease positions in Q3 2023 and 26 closed out, a net change of +6 holders.
- The largest Broadstone Net Lease buyer in Q3 2023 was Cohen & Steers, an estimated $49.1M added.
- The largest Broadstone Net Lease seller in Q3 2023 was CBRE Investment Management Listed Real Assets, an estimated $20.6M sold.
Based on aggregated 13F filings for Q3 2023.