NNN REIT
278 hedge funds and large institutions have $4.77B invested in NNN REIT in 2014 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 123 increasing their positions, 75 reducing their positions, and 14 closing their positions.
236% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 14
64% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 75
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more funds holding
Funds holding: 247 → 278 (+31)
12% more capital invested
Capital invested by funds: $4.27B → $4.77B (+$497M)
6.45% less ownership
Funds ownership: 98.75% → 92.3% (-6.5%)
51% less call options, than puts
Call options by funds: $2.32M | Put options by funds: $4.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$52.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.5M |
| 3 |
JP Morgan Chase
New York
|
+$18.2M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$16.1M |
| 5 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$163M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$60.5M |
| 3 |
Cohen & Steers
New York
|
-$39M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$38.7M |
| 5 |
Goldman Sachs
New York
|
-$31.3M |
NNN Hedge Fund Activity: Q4 2014 in Review
278 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q4 2014, worth a combined $4.77B — up 12% from $4.27B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NNN positions and 14 closed out — a net gain of 33 holders — while 123 added to existing stakes and 75 trimmed.
The largest buyer was PGGM Investments, opening a new position worth an estimated $52.4M. The largest seller was Fidelity Investments, cutting an estimated $163M.
- 278 institutional investors held NNN REIT (NNN) as of Q4 2014, up from 247 in Q3 2014.
- Funds reported $4.77B of NNN REIT stock for Q4 2014, up 12% quarter-over-quarter.
- 47 funds opened new NNN REIT positions in Q4 2014 and 14 closed out, a net change of +33 holders.
- The largest NNN REIT buyer in Q4 2014 was PGGM Investments, an estimated $52.4M added.
- The largest NNN REIT seller in Q4 2014 was Fidelity Investments, an estimated $163M sold.
Based on aggregated 13F filings for Q4 2014.