NNN REIT
413 hedge funds and large institutions have $6.33B invested in NNN REIT in 2022 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 163 increasing their positions, 139 reducing their positions, and 47 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 139
2.15% more ownership
Funds ownership: 87.46% → 89.61% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 47
1% less funds holding
Funds holding: 417 → 413 (-4)
2% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $11.8M
4% less capital invested
Capital invested by funds: $6.62B → $6.33B (-$289M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCP
Waterfront Capital Partners
New York
|
+$72.6M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$68M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$33.6M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$20.7M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.4M |
| 2 |
JP Morgan Chase
New York
|
-$49.8M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$36.4M |
| 4 |
State Street
Boston,
Massachusetts
|
-$30.8M |
| 5 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$11.6M |
NNN Hedge Fund Activity: Q3 2022 in Review
413 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q3 2022, worth a combined $6.33B — down 4.4% from $6.62B a quarter earlier.
Fund positioning in NNN was balanced in Q3 2022: 47 funds opened new positions, 47 closed out, 163 added to existing stakes and 139 trimmed.
The largest buyer was Waterfront Capital Partners, opening a new position worth an estimated $72.6M. The largest seller was Fidelity Investments, cutting an estimated $63.4M.
- 413 institutional investors held NNN REIT (NNN) as of Q3 2022, down from 417 in Q2 2022.
- Funds reported $6.33B of NNN REIT stock for Q3 2022, down 4.4% quarter-over-quarter.
- 47 funds opened new NNN REIT positions in Q3 2022 and 47 closed out, a net change of 0 holders.
- The largest NNN REIT buyer in Q3 2022 was Waterfront Capital Partners, an estimated $72.6M added.
- The largest NNN REIT seller in Q3 2022 was Fidelity Investments, an estimated $63.4M sold.
Based on aggregated 13F filings for Q3 2022.