NNN REIT
449 hedge funds and large institutions have $7.05B invested in NNN REIT in 2024 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 176 increasing their positions, 137 reducing their positions, and 56 closing their positions.
289% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $2.75M
28% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 137
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 56
1% more funds holding
Funds holding: 444 → 449 (+5)
0.59% more ownership
Funds ownership: 89.92% → 90.51% (+0.59%)
0% less capital invested
Capital invested by funds: $7.07B → $7.05B (-$17.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$128M |
| 2 |
LPC
Long Pond Capital
New York
|
+$110M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$93.4M |
| 4 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$79.8M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$38.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rush Island Management
New York
|
-$72.1M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$44.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$44.6M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$34M |
| 5 |
State Street
Boston,
Massachusetts
|
-$33.7M |
NNN Hedge Fund Activity: Q1 2024 in Review
449 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in NNN REIT (NNN) for Q1 2024, worth a combined $7.05B — down 0.24% from $7.07B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new NNN positions and 56 closed out — a net gain of 11 holders — while 176 added to existing stakes and 137 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $128M. The largest seller was Rush Island Management, cutting an estimated $72.1M.
- 449 institutional investors held NNN REIT (NNN) as of Q1 2024, up from 444 in Q4 2023.
- Funds reported $7.05B of NNN REIT stock for Q1 2024, down 0.24% quarter-over-quarter.
- 67 funds opened new NNN REIT positions in Q1 2024 and 56 closed out, a net change of +11 holders.
- The largest NNN REIT buyer in Q1 2024 was Principal Financial Group, an estimated $128M added.
- The largest NNN REIT seller in Q1 2024 was Rush Island Management, an estimated $72.1M sold.
Based on aggregated 13F filings for Q1 2024.