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NNN REIT

381 hedge funds and large institutions have $7.89B invested in NNN REIT in 2019 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 154 increasing their positions, 119 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

101% more call options, than puts

Call options by funds: $5.55M | Put options by funds: $2.77M

29% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 119

1.14% more ownership

Funds ownership: 90.51%91.65% (+1.1%)

3% less capital invested

Capital invested by funds: $8.1B → $7.89B (-$209M)

10% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 52

3% less funds holding

Funds holding: 392381 (-11)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
381
Holders Change
-11
Holders Change %
-2.81%
% of All Funds
8.27%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
47
Increased
154
Reduced
119
Closed
52
Calls
$5.55M
Puts
$2.77M
Net Calls
+$2.78M
Net Calls Change
-$4.94M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.28B +$2.3M +43,126 +0.2%
BlackRock
2
BlackRock
New York
$1.21B -$22.5M -421,822 -2%
State Street
3
State Street
Massachusetts
$765M +$33.6M +628,416 +5%
JP Morgan Chase
4
JP Morgan Chase
New York
$308M +$4.22M +78,974 +1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$265M +$59.7M +1,118,152 +29%
Invesco
6
Invesco
Georgia
$244M -$46M -861,820 -16%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$211M -$2.87M -53,709 -1%
Daiwa Securities Group
8
Daiwa Securities Group
Japan
$169M +$90.8K +1,700 +0.1%
PI
9
PGGM Investments
Netherlands
$168M +$133M +2,490,524 +370%
Victory Capital Management
10
Victory Capital Management
Texas
$148M -$6.55M -122,600 -4%
Cohen & Steers
11
Cohen & Steers
New York
$141M
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$128M -$334K -6,254 -0.3%
Federated Hermes
13
Federated Hermes
Pennsylvania
$124M -$1.29M -24,080 -1%
Northern Trust
14
Northern Trust
Illinois
$118M +$8.37M +156,714 +8%
Wells Fargo
15
Wells Fargo
California
$115M +$3.43M +64,202 +3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$110M +$5.36M +100,471 +5%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$103M +$4.21M +78,769 +4%
N
18
Nuveen
North Carolina
$95.2M +$9.23M +172,860 +11%
ACM
19
AEW Capital Management
Massachusetts
$95M -$1.47M -27,600 -2%
Principal Financial Group
20
Principal Financial Group
Iowa
$89.3M +$6.24M +116,889 +7%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$74.1M +$4.03M +75,403 +6%
Norges Bank
22
Norges Bank
Norway
$73.4M +$2.05M +38,438 +3%
LIMS
23
Lasalle Investment Management Securities
Maryland
$67M -$2.05M -38,447 -3%
Legal & General Group
24
Legal & General Group
United Kingdom
$66M +$12.5M +234,422 +23%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$64M +$14.2M +265,308 +28%

NNN Hedge Fund Activity: Q2 2019 in Review

381 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q2 2019, worth a combined $7.89B — down 2.6% from $8.1B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of NNN and 47 opened new positions — a net loss of 5 holders — while 119 trimmed existing stakes and 154 added.

The largest buyer was PGGM Investments, adding an estimated $133M. The largest seller was Invesco, cutting an estimated $46M.

  • 381 institutional investors held NNN REIT (NNN) as of Q2 2019, down from 392 in Q1 2019.
  • Funds reported $7.89B of NNN REIT stock for Q2 2019, down 2.6% quarter-over-quarter.
  • 47 funds opened new NNN REIT positions in Q2 2019 and 52 closed out, a net change of -5 holders.
  • The largest NNN REIT buyer in Q2 2019 was PGGM Investments, an estimated $133M added.
  • The largest NNN REIT seller in Q2 2019 was Invesco, an estimated $46M sold.

Based on aggregated 13F filings for Q2 2019.