NNN REIT
NNN
444 hedge funds and large institutions have $7.15B invested in NNN REIT in 2023 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 144 increasing their positions, 153 reducing their positions, and 49 closing their positions.
836% more call options, than puts
Call options by funds: $21.5M | Put options by funds: $2.3M
86% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 49
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more capital invested
Capital invested by funds: $5.71B → $7.15B (+$1.44B)
9% more funds holding
Funds holding: 408 → 444 (+36)
2.36% more ownership
Funds ownership: 88.63% → 90.99% (+2.4%)
6% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 153
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$104M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$95.6M |
| 3 |
RIM
Rush Island Management
New York
|
+$71.2M |
| 4 |
Morgan Stanley
New York
|
+$62.3M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$50.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$89.3M |
| 2 |
Millennium Management
New York
|
-$35.7M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$33.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$33.4M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$32.5M |
NNN Hedge Fund Activity: Q4 2023 in Review
444 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q4 2023, worth a combined $7.15B — up 25% from $5.71B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new NNN positions and 49 closed out — a net gain of 42 holders — while 144 added to existing stakes and 153 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $104M. The largest seller was Royal Bank of Canada, cutting an estimated $89.3M.
- 444 institutional investors held NNN REIT (NNN) as of Q4 2023, up from 408 in Q3 2023.
- Funds reported $7.15B of NNN REIT stock for Q4 2023, up 25% quarter-over-quarter.
- 91 funds opened new NNN REIT positions in Q4 2023 and 49 closed out, a net change of +42 holders.
- The largest NNN REIT buyer in Q4 2023 was Principal Financial Group, an estimated $104M added.
- The largest NNN REIT seller in Q4 2023 was Royal Bank of Canada, an estimated $89.3M sold.
Based on aggregated 13F filings for Q4 2023.