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NNN REIT

430 hedge funds and large institutions have $7.33B invested in NNN REIT in 2022 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 164 increasing their positions, 131 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

213% more call options, than puts

Call options by funds: $7.29M | Put options by funds: $2.33M

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

63% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 40

25% more repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 131

15% more capital invested

Capital invested by funds: $6.4B → $7.33B (+$936M)

4% more funds holding

Funds holding: 413430 (+17)

0.45% more ownership

Funds ownership: 90.72%91.17% (+0.45%)

Holders
430
Holders Change
+17
Holders Change %
+4.12%
% of All Funds
6.91%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.08%
New
65
Increased
164
Reduced
131
Closed
40
Calls
$7.29M
Puts
$2.33M
Net Calls
+$4.97M
Net Calls Change
+$5.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.23B +$15.5M +357,590 +1%
State Street
2
State Street
Massachusetts
$1.01B +$107M +2,449,582 +13%
BlackRock
3
BlackRock
New York
$921M +$35.3M +812,432 +4%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$445M +$5.58M +128,419 +1%
Victory Capital Management
5
Victory Capital Management
Texas
$393M +$1.89M +43,368 +0.5%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$229M +$734K +16,887 +0.3%
JP Morgan Chase
7
JP Morgan Chase
New York
$163M -$4.12M -94,640 -3%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$145M +$7.44M +171,013 +6%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$129M +$5.6M +128,691 +5%
Federated Hermes
10
Federated Hermes
Pennsylvania
$124M +$2.74M +63,111 +2%
PI
11
PGGM Investments
Netherlands
$115M -$8.43M -193,854 -7%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$105M +$4.25M +97,692 +4%
Morgan Stanley
13
Morgan Stanley
New York
$101M +$3.79M +87,162 +4%
Charles Schwab
14
Charles Schwab
California
$100M +$3.78M +86,840 +4%
Janus Henderson Group
15
Janus Henderson Group
United Kingdom
$91.1M -$82.2M -1,890,555 -49%
Norges Bank
16
Norges Bank
Norway
$90.6M +$8.15M +187,361 +10%
Goldman Sachs
17
Goldman Sachs
New York
$85M +$42.5M +977,050 +111%
Northern Trust
18
Northern Trust
Illinois
$81.4M +$873K +20,078 +1%
CVA
19
Ceredex Value Advisors
Florida
$70.9M +$1.81M +41,650 +3%
Wells Fargo
20
Wells Fargo
California
$68.8M -$14.3M -329,286 -18%
Legal & General Group
21
Legal & General Group
United Kingdom
$63.2M +$3.32M +76,395 +6%
LIMS
22
Lasalle Investment Management Securities
Maryland
$58.1M +$291K +6,693 +0.5%
Sumitomo Mitsui Trust Group
23
Sumitomo Mitsui Trust Group
Japan
$56.6M +$397K +9,132 +0.7%
RIM
24
Rush Island Management
New York
$49.6M -$2.21M -50,831 -4%
Prudential Financial
25
Prudential Financial
New Jersey
$47.4M +$6.3M +144,918 +16%

NNN Hedge Fund Activity: Q4 2022 in Review

430 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q4 2022, worth a combined $7.33B — up 15% from $6.4B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new NNN positions and 40 closed out — a net gain of 25 holders — while 164 added to existing stakes and 131 trimmed.

The largest buyer was State Street, adding an estimated $107M. The largest seller was Janus Henderson Group, cutting an estimated $82.2M.

  • 430 institutional investors held NNN REIT (NNN) as of Q4 2022, up from 413 in Q3 2022.
  • Funds reported $7.33B of NNN REIT stock for Q4 2022, up 15% quarter-over-quarter.
  • 65 funds opened new NNN REIT positions in Q4 2022 and 40 closed out, a net change of +25 holders.
  • The largest NNN REIT buyer in Q4 2022 was State Street, an estimated $107M added.
  • The largest NNN REIT seller in Q4 2022 was Janus Henderson Group, an estimated $82.2M sold.

Based on aggregated 13F filings for Q4 2022.