NNN REIT
413 hedge funds and large institutions have $6.4B invested in NNN REIT in 2022 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 163 increasing their positions, 140 reducing their positions, and 47 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 140
3.25% more ownership
Funds ownership: 87.47% → 90.72% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $11.8M
2% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 47
3% less capital invested
Capital invested by funds: $6.61B → $6.4B (-$210M)
1% less funds holding
Funds holding: 418 → 413 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$89.3M |
| 2 |
WCP
Waterfront Capital Partners
New York
|
+$72.6M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$68M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$33.6M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.4M |
| 2 |
JP Morgan Chase
New York
|
-$49.8M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$36.4M |
| 4 |
State Street
Boston,
Massachusetts
|
-$30.8M |
| 5 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$11.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FBT
451
First Bank & Trust
Brookings,
South Dakota
| – | -$6K | -151 | Closed |
|
|
SCA
452
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$4K | -99 | Closed |
|
|
BWA
453
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$4K | -89 | Closed |
|
|
GLLW
454
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
| – | -$4K | -89 | Closed |
|
|
STCOSD
455
Sageworth Trust Company of South Dakota
Sioux Falls,
South Dakota
| – | -$4K | -84 | Closed |
|
|
GKIM
456
GW&K Investment Management
Boston,
Massachusetts
| – | -$2K | -55 | Closed |
|
457
AssetMark Inc
Concord,
California
| – | -$1K | -31 | Closed |
|
|
SSG
458
Summit Securities Group
New York
| – | +$45 | +1 | New |
|
|
CAL
459
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$181 | +4 | New |
|
|
GWS
460
Glassman Wealth Services
Vienna,
Virginia
| – | +$496 | +11 | New |
|
NNN Hedge Fund Activity: Q3 2022 in Review
413 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q3 2022, worth a combined $6.4B — down 3.2% from $6.61B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of NNN and 46 opened new positions — a net loss of 1 holder — while 140 trimmed existing stakes and 163 added.
The largest buyer was Janus Henderson Group, adding an estimated $89.3M. The largest seller was Fidelity Investments, cutting an estimated $63.4M.
- 413 institutional investors held NNN REIT (NNN) as of Q3 2022, down from 418 in Q2 2022.
- Funds reported $6.4B of NNN REIT stock for Q3 2022, down 3.2% quarter-over-quarter.
- 46 funds opened new NNN REIT positions in Q3 2022 and 47 closed out, a net change of -1 holder.
- The largest NNN REIT buyer in Q3 2022 was Janus Henderson Group, an estimated $89.3M added.
- The largest NNN REIT seller in Q3 2022 was Fidelity Investments, an estimated $63.4M sold.
Based on aggregated 13F filings for Q3 2022.