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NNN REIT

432 hedge funds and large institutions have $6.98B invested in NNN REIT in 2023 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 169 increasing their positions, 144 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

467% more call options, than puts

Call options by funds: $12M | Put options by funds: $2.11M

17% more repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 144

8% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 40

0.13% more ownership

Funds ownership: 89.23%89.36% (+0.13%)

0% more funds holding

Funds holding: 432432 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $7.14B → $6.98B (-$161M)

Holders
432
Holders Change
Holders Change %
0%
% of All Funds
6.78%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
43
Increased
169
Reduced
144
Closed
40
Calls
$12M
Puts
$2.11M
Net Calls
+$9.86M
Net Calls Change
-$3.66M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.16B -$14.9M -346,018 -1%
State Street
2
State Street
Massachusetts
$877M +$12.6M +292,822 +1%
BlackRock
3
BlackRock
New York
$873M -$9.22M -214,316 -1%
Victory Capital Management
4
Victory Capital Management
Texas
$441M +$75.4M +1,752,496 +21%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$418M -$7.5M -174,383 -2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$215M +$978K +22,730 +0.5%
JP Morgan Chase
7
JP Morgan Chase
New York
$153M +$10.5M +243,574 +7%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$141M +$1.96M +45,649 +1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$131M +$4.51M +104,831 +4%
Federated Hermes
10
Federated Hermes
Pennsylvania
$112M -$2.5M -58,165 -2%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$111M +$2.44M +56,654 +2%
PI
12
PGGM Investments
Netherlands
$104M
RIM
13
Rush Island Management
New York
$99.8M +$21M +489,031 +27%
Charles Schwab
14
Charles Schwab
California
$98.3M +$1.06M +24,611 +1%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$96.9M -$1.77M -41,103 -2%
Morgan Stanley
16
Morgan Stanley
New York
$89.9M -$9.83M -228,495 -10%
Norges Bank
17
Norges Bank
Norway
$84M -$900K -20,911 -1%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$83.2M -$6.92M -160,697 -8%
Deutsche Bank
19
Deutsche Bank
Germany
$81.4M +$62.1M +1,444,006 +315%
Northern Trust
20
Northern Trust
Illinois
$72.1M -$3.57M -83,062 -5%
Legal & General Group
21
Legal & General Group
United Kingdom
$63.9M +$1.37M +31,944 +2%
Millennium Management
22
Millennium Management
New York
$62.5M +$23.8M +553,064 +61%
Wells Fargo
23
Wells Fargo
California
$61.3M -$1.16M -26,926 -2%
N
24
Nuveen
North Carolina
$57.1M -$33.4M -776,883 -61%
HSBC Holdings
25
HSBC Holdings
United Kingdom
$42.9M +$4.33M +100,733 +11%

NNN Hedge Fund Activity: Q2 2023 in Review

432 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q2 2023, worth a combined $6.98B — down 2.3% from $7.14B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new NNN positions and 40 closed out — a net gain of 3 holders — while 169 added to existing stakes and 144 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $75.4M. The largest seller was Lasalle Investment Management Securities, exiting entirely with an estimated $52.7M sold.

  • 432 institutional investors held NNN REIT (NNN) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $6.98B of NNN REIT stock for Q2 2023, down 2.3% quarter-over-quarter.
  • 43 funds opened new NNN REIT positions in Q2 2023 and 40 closed out, a net change of +3 holders.
  • The largest NNN REIT buyer in Q2 2023 was Victory Capital Management, an estimated $75.4M added.
  • The largest NNN REIT seller in Q2 2023 was Lasalle Investment Management Securities, an estimated $52.7M sold.

Based on aggregated 13F filings for Q2 2023.