NNN REIT
423 hedge funds and large institutions have $8.27B invested in NNN REIT in 2019 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 181 increasing their positions, 108 reducing their positions, and 35 closing their positions.
103% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 35
68% more repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 108
38% more call options, than puts
Call options by funds: $3.69M | Put options by funds: $2.67M
6% more funds holding
Funds holding: 399 → 423 (+24)
0.58% more ownership
Funds ownership: 89.42% → 90% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less capital invested
Capital invested by funds: $8.64B → $8.27B (-$369M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$71.3M |
| 2 |
BlackRock
New York
|
+$63.4M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$25.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.3M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$113M |
| 2 |
State Street
Boston,
Massachusetts
|
-$80.6M |
| 3 |
JP Morgan Chase
New York
|
-$44M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$36.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$34.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KTC
451
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$26K | -457 | Closed |
|
|
SB
452
Strategic Blueprint
Atlanta,
Georgia
| – | -$13K | -235 | Closed |
|
|
KPCM
453
Kings Point Capital Management
Great Neck,
New York
| – | -$11K | -200 | Closed |
|
|
BL
454
Balentine LLC
Atlanta,
Georgia
| – | -$5K | -88 | Closed |
|
|
OSAM
455
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$3K | -46 | Closed |
|
|
CFB
456
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$3K | -45 | Closed |
|
457
AssetMark Inc
Concord,
California
| – | -$1K | -17 | Closed |
|
|
PCG
458
Private Capital Group
West Hartford,
Connecticut
| – | -$1K | -17 | Closed |
|
NNN Hedge Fund Activity: Q4 2019 in Review
423 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q4 2019, worth a combined $8.27B — down 4.3% from $8.64B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new NNN positions and 35 closed out — a net gain of 36 holders — while 181 added to existing stakes and 108 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $71.3M. The largest seller was Zimmer Partners, exiting entirely with an estimated $113M sold.
- 423 institutional investors held NNN REIT (NNN) as of Q4 2019, up from 399 in Q3 2019.
- Funds reported $8.27B of NNN REIT stock for Q4 2019, down 4.3% quarter-over-quarter.
- 71 funds opened new NNN REIT positions in Q4 2019 and 35 closed out, a net change of +36 holders.
- The largest NNN REIT buyer in Q4 2019 was Fidelity Investments, an estimated $71.3M added.
- The largest NNN REIT seller in Q4 2019 was Zimmer Partners, an estimated $113M sold.
Based on aggregated 13F filings for Q4 2019.