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NNN REIT

379 hedge funds and large institutions have $6.85B invested in NNN REIT in 2021 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 142 increasing their positions, 123 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more call options, than puts

Call options by funds: $21.4M | Put options by funds: $8.24M

33% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 40

15% more repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 123

7% more capital invested

Capital invested by funds: $6.42B → $6.85B (+$425M)

3% more funds holding

Funds holding: 369379 (+10)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.64% less ownership

Funds ownership: 90.48%88.83% (-1.6%)

Holders
379
Holders Change
+10
Holders Change %
+2.71%
% of All Funds
6.65%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
53
Increased
142
Reduced
123
Closed
40
Calls
$21.4M
Puts
$8.24M
Net Calls
+$13.1M
Net Calls Change
+$12.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.09B +$29M +692,179 +3%
BlackRock
2
BlackRock
New York
$881M +$22.8M +543,119 +3%
State Street
3
State Street
Massachusetts
$743M -$33.2M -792,506 -4%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$485M -$3.52M -84,071 -0.8%
PI
5
PGGM Investments
Netherlands
$368M -$106M -2,534,402 -23%
JP Morgan Chase
6
JP Morgan Chase
New York
$256M +$7.43M +177,433 +3%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$225M +$2.31M +55,053 +1%
Victory Capital Management
8
Victory Capital Management
Texas
$223M -$10.3M -246,321 -5%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$121M +$1.78M +42,378 +2%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$119M -$2.67M -63,647 -2%
Northern Trust
11
Northern Trust
Illinois
$95M +$4.98M +118,835 +6%
Federated Hermes
12
Federated Hermes
Pennsylvania
$91.8M -$5.81M -138,736 -6%
Wells Fargo
13
Wells Fargo
California
$90.9M +$5.75M +137,337 +7%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$90.1M -$1.64M -39,063 -2%
Charles Schwab
15
Charles Schwab
California
$78M +$1.98M +47,265 +3%
Norges Bank
16
Norges Bank
Norway
$77.5M -$6.9M -164,770 -9%
BC
17
Brookfield Corp
Ontario, Canada
$74.5M -$11M -262,044 -13%
N
18
Nuveen
North Carolina
$65.5M +$15M +358,471 +32%
Invesco
19
Invesco
Georgia
$60.3M -$13.5M -321,902 -19%
Prudential Financial
20
Prudential Financial
New Jersey
$58.6M +$20M +476,953 +56%
Legal & General Group
21
Legal & General Group
United Kingdom
$58.4M +$659K +15,721 +1%
VCM
22
V3 Capital Management
Texas
$57.5M +$6.43M +153,500 +13%
Millennium Management
23
Millennium Management
New York
$56.9M +$19.3M +461,347 +56%
LPC
24
Long Pond Capital
New York
$49.9M -$37.1M -886,287 -44%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$45.2M +$42.9M +1,024,806 New

NNN Hedge Fund Activity: Q1 2021 in Review

379 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q1 2021, worth a combined $6.85B — up 6.6% from $6.42B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new NNN positions and 40 closed out — a net gain of 13 holders — while 142 added to existing stakes and 123 trimmed.

The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $42.9M. The largest seller was PGGM Investments, cutting an estimated $106M.

  • 379 institutional investors held NNN REIT (NNN) as of Q1 2021, up from 369 in Q4 2020.
  • Funds reported $6.85B of NNN REIT stock for Q1 2021, up 6.6% quarter-over-quarter.
  • 53 funds opened new NNN REIT positions in Q1 2021 and 40 closed out, a net change of +13 holders.
  • The largest NNN REIT buyer in Q1 2021 was Massachusetts Financial Services, an estimated $42.9M added.
  • The largest NNN REIT seller in Q1 2021 was PGGM Investments, an estimated $106M sold.

Based on aggregated 13F filings for Q1 2021.