NNN REIT
408 hedge funds and large institutions have $5.71B invested in NNN REIT in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 177 increasing their positions, 125 reducing their positions, and 64 closing their positions.
284% more call options, than puts
Call options by funds: $17.6M | Put options by funds: $4.58M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
42% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 125
0.73% less ownership
Funds ownership: 89.36% → 88.63% (-0.73%)
6% less funds holding
Funds holding: 432 → 408 (-24)
18% less capital invested
Capital invested by funds: $6.98B → $5.71B (-$1.26B)
33% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$50.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$45.8M |
| 3 |
EIC
Equity Investment Corp
Atlanta,
Georgia
|
+$41.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$37.8M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$37.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$286M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$104M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$67.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$46M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$34.9M |
NNN Hedge Fund Activity: Q3 2023 in Review
408 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q3 2023, worth a combined $5.71B — down 18% from $6.98B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of NNN and 43 opened new positions — a net loss of 21 holders — while 125 trimmed existing stakes and 177 added.
The largest buyer was Lasalle Investment Management Securities, opening a new position worth an estimated $50.2M. The largest seller was State Street, cutting an estimated $286M.
- 408 institutional investors held NNN REIT (NNN) as of Q3 2023, down from 432 in Q2 2023.
- Funds reported $5.71B of NNN REIT stock for Q3 2023, down 18% quarter-over-quarter.
- 43 funds opened new NNN REIT positions in Q3 2023 and 64 closed out, a net change of -21 holders.
- The largest NNN REIT buyer in Q3 2023 was Lasalle Investment Management Securities, an estimated $50.2M added.
- The largest NNN REIT seller in Q3 2023 was State Street, an estimated $286M sold.
Based on aggregated 13F filings for Q3 2023.