NNN REIT
379 hedge funds and large institutions have $5.21B invested in NNN REIT in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 139 increasing their positions, 140 reducing their positions, and 82 closing their positions.
4.12% more ownership
Funds ownership: 90% → 94.12% (+4.1%)
1% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 140
3% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $3.43M
10% less funds holding
Funds holding: 423 → 379 (-44)
37% less capital invested
Capital invested by funds: $8.27B → $5.21B (-$3.06B)
49% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 82
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$236M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$118M |
| 3 |
BPSG
Brookfield Public Securities Group
New York
|
+$112M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$100M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$47.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$53.9M |
| 2 |
Millennium Management
New York
|
-$46.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$38.2M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$35.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$35.4M |
NNN Hedge Fund Activity: Q1 2020 in Review
379 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q1 2020, worth a combined $5.21B — down 37% from $8.27B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of NNN and 42 opened new positions — a net loss of 40 holders — while 140 trimmed existing stakes and 139 added.
The largest buyer was Victory Capital Management, adding an estimated $236M. The largest seller was Fidelity Investments, cutting an estimated $53.9M.
- 379 institutional investors held NNN REIT (NNN) as of Q1 2020, down from 423 in Q4 2019.
- Funds reported $5.21B of NNN REIT stock for Q1 2020, down 37% quarter-over-quarter.
- 42 funds opened new NNN REIT positions in Q1 2020 and 82 closed out, a net change of -40 holders.
- The largest NNN REIT buyer in Q1 2020 was Victory Capital Management, an estimated $236M added.
- The largest NNN REIT seller in Q1 2020 was Fidelity Investments, an estimated $53.9M sold.
Based on aggregated 13F filings for Q1 2020.