NNN REIT
322 hedge funds and large institutions have $5.24B invested in NNN REIT in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 154 increasing their positions, 94 reducing their positions, and 49 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 94
22% more call options, than puts
Call options by funds: $3.59M | Put options by funds: $2.95M
0.35% less ownership
Funds ownership: 90.27% → 89.92% (-0.35%)
6% less funds holding
Funds holding: 343 → 322 (-21)
10% less capital invested
Capital invested by funds: $5.84B → $5.24B (-$601M)
39% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 49
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$68.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$42M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$41.2M |
| 4 |
BlackRock
New York
|
+$37.5M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$218M |
| 2 |
Morgan Stanley
New York
|
-$31.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$31.3M |
| 4 |
SI
Scout Investments
Kansas City,
Missouri
|
-$21.5M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$21.2M |
NNN Hedge Fund Activity: Q2 2017 in Review
322 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q2 2017, worth a combined $5.24B — down 10% from $5.84B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of NNN and 30 opened new positions — a net loss of 19 holders — while 94 trimmed existing stakes and 154 added.
The largest buyer was Millennium Management, adding an estimated $68.8M. The largest seller was Invesco, cutting an estimated $218M.
- 322 institutional investors held NNN REIT (NNN) as of Q2 2017, down from 343 in Q1 2017.
- Funds reported $5.24B of NNN REIT stock for Q2 2017, down 10% quarter-over-quarter.
- 30 funds opened new NNN REIT positions in Q2 2017 and 49 closed out, a net change of -19 holders.
- The largest NNN REIT buyer in Q2 2017 was Millennium Management, an estimated $68.8M added.
- The largest NNN REIT seller in Q2 2017 was Invesco, an estimated $218M sold.
Based on aggregated 13F filings for Q2 2017.