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NNN REIT

399 hedge funds and large institutions have $8.64B invested in NNN REIT in 2019 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 174 increasing their positions, 93 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

508% more call options, than puts

Call options by funds: $6.53M | Put options by funds: $1.07M

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

87% more repeat investments, than reductions

Existing positions increased: 174 | Existing positions reduced: 93

49% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 41

10% more capital invested

Capital invested by funds: $7.89B → $8.64B (+$753M)

5% more funds holding

Funds holding: 381399 (+18)

2.23% less ownership

Funds ownership: 91.65%89.42% (-2.2%)

Holders
399
Holders Change
+18
Holders Change %
+4.72%
% of All Funds
8.75%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.09%
New
61
Increased
174
Reduced
93
Closed
41
Calls
$6.53M
Puts
$1.07M
Net Calls
+$5.46M
Net Calls Change
+$2.67M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.39B +$27.9M +512,285 +2%
BlackRock
2
BlackRock
New York
$1.32B +$29.2M +536,497 +2%
State Street
3
State Street
Massachusetts
$838M +$23.8M +438,201 +3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$408M +$121M +2,225,302 +45%
JP Morgan Chase
5
JP Morgan Chase
New York
$389M +$58.2M +1,070,283 +18%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$230M +$5.78M +106,271 +3%
Daiwa Securities Group
7
Daiwa Securities Group
Japan
$188M +$7.65M +140,654 +4%
Cohen & Steers
8
Cohen & Steers
New York
$186M +$34.6M +636,554 +24%
Victory Capital Management
9
Victory Capital Management
Texas
$160M +$2.15M +39,590 +1%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$141M +$5.24M +96,270 +4%
Federated Hermes
11
Federated Hermes
Pennsylvania
$132M +$335K +6,150 +0.3%
Invesco
12
Invesco
Georgia
$132M -$123M -2,255,773 -49%
Northern Trust
13
Northern Trust
Illinois
$129M +$3.82M +70,154 +3%
Wells Fargo
14
Wells Fargo
California
$122M -$499K -9,167 -0.4%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$120M +$2.69M +49,375 +2%
N
16
Nuveen
North Carolina
$117M +$14.8M +272,484 +15%
ZP
17
Zimmer Partners
New York
$113M +$54.9M +1,008,600 +101%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$112M +$2.25M +41,353 +2%
Principal Financial Group
19
Principal Financial Group
Iowa
$95M -$29.6K -544 -0%
Norges Bank
20
Norges Bank
Norway
$91.5M +$13M +238,118 +17%
LIMS
21
Lasalle Investment Management Securities
Maryland
$80M +$8.36M +153,712 +12%
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$75.5M +$7.16M +131,691 +11%
Legal & General Group
23
Legal & General Group
United Kingdom
$75.2M +$4.78M +87,959 +7%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$69.7M -$8.83M -162,392 -12%
Citadel Advisors
25
Citadel Advisors
Florida
$56.2M +$37.5M +689,704 +225%

NNN Hedge Fund Activity: Q3 2019 in Review

399 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q3 2019, worth a combined $8.64B — up 9.5% from $7.89B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new NNN positions and 41 closed out — a net gain of 20 holders — while 174 added to existing stakes and 93 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $121M. The largest seller was PGGM Investments, exiting entirely with an estimated $168M sold.

  • 399 institutional investors held NNN REIT (NNN) as of Q3 2019, up from 381 in Q2 2019.
  • Funds reported $8.64B of NNN REIT stock for Q3 2019, up 9.5% quarter-over-quarter.
  • 61 funds opened new NNN REIT positions in Q3 2019 and 41 closed out, a net change of +20 holders.
  • The largest NNN REIT buyer in Q3 2019 was Fidelity Investments, an estimated $121M added.
  • The largest NNN REIT seller in Q3 2019 was PGGM Investments, an estimated $168M sold.

Based on aggregated 13F filings for Q3 2019.