NNN REIT
432 hedge funds and large institutions have $7.14B invested in NNN REIT in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 182 increasing their positions, 126 reducing their positions, and 46 closing their positions.
534% more call options, than puts
Call options by funds: $16.1M | Put options by funds: $2.53M
44% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 126
13% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 46
0% more funds holding
Funds holding: 430 → 432 (+2)
3% less capital invested
Capital invested by funds: $7.33B → $7.14B (-$193M)
1.94% less ownership
Funds ownership: 91.17% → 89.23% (-1.9%)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rush Island Management
New York
|
+$34.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.3M |
| 3 |
Millennium Management
New York
|
+$28.6M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$22.9M |
| 5 |
BlackRock
New York
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$81.1M |
| 2 |
Goldman Sachs
New York
|
-$73.3M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$70.9M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$45.1M |
| 5 |
Barclays
London,
United Kingdom
|
-$12.2M |
NNN Hedge Fund Activity: Q1 2023 in Review
432 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q1 2023, worth a combined $7.14B — down 2.6% from $7.33B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new NNN positions and 46 closed out — a net gain of 6 holders — while 182 added to existing stakes and 126 trimmed.
The largest buyer was Rush Island Management, adding an estimated $34.5M. The largest seller was State Street, cutting an estimated $81.1M.
- 432 institutional investors held NNN REIT (NNN) as of Q1 2023, up from 430 in Q4 2022.
- Funds reported $7.14B of NNN REIT stock for Q1 2023, down 2.6% quarter-over-quarter.
- 52 funds opened new NNN REIT positions in Q1 2023 and 46 closed out, a net change of +6 holders.
- The largest NNN REIT buyer in Q1 2023 was Rush Island Management, an estimated $34.5M added.
- The largest NNN REIT seller in Q1 2023 was State Street, an estimated $81.1M sold.
Based on aggregated 13F filings for Q1 2023.