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Global Net Lease

249 hedge funds and large institutions have $823M invested in Global Net Lease in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 83 increasing their positions, 91 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

42% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 26

12% more call options, than puts

Call options by funds: $2.47M | Put options by funds: $2.21M

3% more funds holding

Funds holding: 241249 (+8)

3% more ownership

Funds ownership: 73.94%76.94% (+3%)

9% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 91

16% less capital invested

Capital invested by funds: $977M → $823M (-$153M)

Holders
249
Holders Change
+8
Holders Change %
+3.32%
% of All Funds
3.91%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
37
Increased
83
Reduced
91
Closed
26
Calls
$2.47M
Puts
$2.21M
Net Calls
+$260K
Net Calls Change
+$2.37M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$189M +$1.63M +151,335 +0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$172M -$4.12M -382,310 -2%
State Street
3
State Street
Massachusetts
$69.4M -$72.6K -6,739 -0.1%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$23.7M +$716K +66,447 +3%
LSV Asset Management
5
LSV Asset Management
Illinois
$23.6M +$3.74M +347,000 +18%
Mirae Asset Global Investments
6
Mirae Asset Global Investments
South Korea
$22.8M -$321K -29,834 -1%
Balyasny Asset Management
7
Balyasny Asset Management
Illinois
$21M +$22M +2,042,723 New
Invesco
8
Invesco
Georgia
$19.4M +$360K +33,386 +2%
Charles Schwab
9
Charles Schwab
California
$18.6M +$565K +52,472 +3%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$14.9M -$56.8K -5,270 -0.4%
OPPTF
11
OPSEU Pension Plan Trust Fund
Ontario, Canada
$13.7M
Northern Trust
12
Northern Trust
Illinois
$12.4M -$1.35M -125,613 -9%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$9.77M -$839K -77,916 -8%
Morgan Stanley
14
Morgan Stanley
New York
$9.64M +$593K +55,030 +6%
Legal & General Group
15
Legal & General Group
United Kingdom
$9.6M +$36.8K +3,415 +0.4%
Norges Bank
16
Norges Bank
Norway
$8.96M -$453K -42,061 -5%
SIS
17
Sound Income Strategies
Florida
$6.93M +$972K +90,213 +15%
UBS AM
18
UBS AM
Illinois
$6.7M
Fisher Asset Management
19
Fisher Asset Management
Washington
$6.38M +$125K +11,571 +2%
Principal Financial Group
20
Principal Financial Group
Iowa
$6.32M -$135K -12,497 -2%
KTA
21
Keeley-Teton Advisors
Illinois
$5.12M +$1.47M +136,153 +38%
JP Morgan Chase
22
JP Morgan Chase
New York
$4.6M +$691K +64,149 +17%
Citadel Advisors
23
Citadel Advisors
Florida
$4.26M +$3.14M +291,546 +238%
Ameriprise
24
Ameriprise
Minnesota
$4.08M -$19.4K -1,804 -0.5%
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$4.01M +$246K +22,851 +6%

GNL Hedge Fund Activity: Q2 2023 in Review

249 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Global Net Lease (GNL) for Q2 2023, worth a combined $823M — down 16% from $977M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new GNL positions and 26 closed out — a net gain of 11 holders — while 83 added to existing stakes and 91 trimmed.

The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $22M. The largest seller was Envestnet Asset Management, cutting an estimated $7.15M.

  • 249 institutional investors held Global Net Lease (GNL) as of Q2 2023, up from 241 in Q1 2023.
  • Funds reported $823M of Global Net Lease stock for Q2 2023, down 16% quarter-over-quarter.
  • 37 funds opened new Global Net Lease positions in Q2 2023 and 26 closed out, a net change of +11 holders.
  • The largest Global Net Lease buyer in Q2 2023 was Balyasny Asset Management, an estimated $22M added.
  • The largest Global Net Lease seller in Q2 2023 was Envestnet Asset Management, an estimated $7.15M sold.

Based on aggregated 13F filings for Q2 2023.