NNN REIT
245 hedge funds and large institutions have $3.77B invested in NNN REIT in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 86 increasing their positions, 92 reducing their positions, and 46 closing their positions.
8.45% more ownership
Funds ownership: 93.42% → 101.88% (+8.5%)
4% more capital invested
Capital invested by funds: $3.6B → $3.77B (+$162M)
5% less call options, than puts
Call options by funds: $700K | Put options by funds: $740K
7% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 92
8% less funds holding
Funds holding: 267 → 245 (-22)
46% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 46
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$109M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$42.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$36M |
| 4 |
AAMU
APG Asset Management US
New York
|
+$23.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$28.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$14.8M |
| 3 |
Renaissance Technologies
New York
|
-$13.8M |
| 4 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
-$12.2M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$10.5M |
NNN Hedge Fund Activity: Q4 2013 in Review
245 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q4 2013, worth a combined $3.77B — up 4.5% from $3.6B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of NNN and 25 opened new positions — a net loss of 21 holders — while 92 trimmed existing stakes and 86 added.
The largest buyer was Invesco, adding an estimated $109M. The largest seller was Goldman Sachs, cutting an estimated $28.2M.
- 245 institutional investors held NNN REIT (NNN) as of Q4 2013, down from 267 in Q3 2013.
- Funds reported $3.77B of NNN REIT stock for Q4 2013, up 4.5% quarter-over-quarter.
- 25 funds opened new NNN REIT positions in Q4 2013 and 46 closed out, a net change of -21 holders.
- The largest NNN REIT buyer in Q4 2013 was Invesco, an estimated $109M added.
- The largest NNN REIT seller in Q4 2013 was Goldman Sachs, an estimated $28.2M sold.
Based on aggregated 13F filings for Q4 2013.