NNN REIT
247 hedge funds and large institutions have $4.65B invested in NNN REIT in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 98 increasing their positions, 86 reducing their positions, and 21 closing their positions.
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
14% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 86
9% more capital invested
Capital invested by funds: $4.25B → $4.65B (+$400M)
1% more funds holding
Funds holding: 244 → 247 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.17% less ownership
Funds ownership: 101.58% → 101.41% (-0.17%)
41% less call options, than puts
Call options by funds: $1.57M | Put options by funds: $2.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$72.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$42.5M |
| 3 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$35.7M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
+$34.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$76.4M |
| 2 |
Cohen & Steers
New York
|
-$58.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$54.2M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$44.7M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$14.9M |
NNN Hedge Fund Activity: Q2 2014 in Review
247 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q2 2014, worth a combined $4.65B — up 9.4% from $4.25B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NNN positions and 21 closed out — a net gain of 4 holders — while 98 added to existing stakes and 86 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $72.1M. The largest seller was State Street, cutting an estimated $76.4M.
- 247 institutional investors held NNN REIT (NNN) as of Q2 2014, up from 244 in Q1 2014.
- Funds reported $4.65B of NNN REIT stock for Q2 2014, up 9.4% quarter-over-quarter.
- 25 funds opened new NNN REIT positions in Q2 2014 and 21 closed out, a net change of +4 holders.
- The largest NNN REIT buyer in Q2 2014 was JP Morgan Chase, an estimated $72.1M added.
- The largest NNN REIT seller in Q2 2014 was State Street, an estimated $76.4M sold.
Based on aggregated 13F filings for Q2 2014.