Global Net Lease
GNL
322 hedge funds and large institutions have $1.31B invested in Global Net Lease in 2023 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 167 increasing their positions, 38 reducing their positions, and 22 closing their positions.
339% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 38
336% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 22
79% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $1.37M
60% more capital invested
Capital invested by funds: $823M → $1.31B (+$491M)
29% more funds holding
Funds holding: 249 → 322 (+73)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17.24% less ownership
Funds ownership: 76.94% → 59.7% (-17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$151M |
| 2 |
BlackRock
New York
|
+$107M |
| 3 |
State Street
Boston,
Massachusetts
|
+$61.3M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$51.5M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.3M |
| 2 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$3.01M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.01M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$2.44M |
| 5 |
Renaissance Technologies
New York
|
-$2.13M |
GNL Hedge Fund Activity: Q3 2023 in Review
322 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Global Net Lease (GNL) for Q3 2023, worth a combined $1.31B — up 60% from $823M a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new GNL positions and 22 closed out — a net gain of 74 holders — while 167 added to existing stakes and 38 trimmed.
The largest buyer was Vanguard Group, adding an estimated $151M. The largest seller was Millennium Management, cutting an estimated $3.3M.
- 322 institutional investors held Global Net Lease (GNL) as of Q3 2023, up from 249 in Q2 2023.
- Funds reported $1.31B of Global Net Lease stock for Q3 2023, up 60% quarter-over-quarter.
- 96 funds opened new Global Net Lease positions in Q3 2023 and 22 closed out, a net change of +74 holders.
- The largest Global Net Lease buyer in Q3 2023 was Vanguard Group, an estimated $151M added.
- The largest Global Net Lease seller in Q3 2023 was Millennium Management, an estimated $3.3M sold.
Based on aggregated 13F filings for Q3 2023.