GLOBAL NET LEASE INC GNL
COM NEW · REIT · CUSIP 379378201
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNew York, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($282.1k this quarter). Holder counts are more reliable. Shares outstanding: 104.4m as of 2023-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $10.46. Options: 6 managers hold calls ($2.5m notional), 7 hold puts ($2.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 248 |
| Q4 2022 | 258 |
| Q1 2023 | 244 |
| Q2 2023 | 251 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 124 | 114 |
| Q1 2023 | 114 | 116 |
| Q2 2023 | 117 | 119 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $2.7m | $1.4m | 0.55 |
| Q4 2022 | $3.3m | $4.4m | 1.37 |
| Q1 2023 | $2.6m | $4.7m | 1.80 |
| Q2 2023 | $2.5m | $2.2m | 0.90 |
Biggest buyers
| Balyasny Asset Management L.P. | New | +2.0m |
| LSV ASSET MANAGEMENT | Added | +347.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +308.0k |
| Verition Fund Management LLC | New | +292.4k |
| CITADEL ADVISORS LLC | Added | +291.5k |
| ExodusPoint Capital Management, LP | New | +237.2k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +171.0k |
| BlackRock Inc. | Added | +151.3k |
| MARSHALL WACE, LLP | New | +147.0k |
| Keeley-Teton Advisors, LLC | Added | +136.2k |
Biggest sellers
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -663.4k |
| VANGUARD GROUP INC | Reduced | -382.3k |
| FMR LLC | Reduced | -275.6k |
| STRS OHIO | Reduced | -161.7k |
| DEUTSCHE BANK AG\ | Reduced | -146.5k |
| FEDERATED HERMES, INC. | Reduced | -137.0k |
| TWO SIGMA ADVISERS, LP | Reduced | -135.3k |
| Qube Research & Technologies Ltd | Sold out | -133.6k |
| NORTHERN TRUST CORP | Reduced | -125.6k |
| FIRST TRUST ADVISORS LP | Reduced | -82.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.3m127.8k shares |
| CITADEL ADVISORS LLC | Reduced | $547.9k53.3k shares |
| PEAK6 Investments LLC | Added | $429.7k41.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $129.0k12.6k shares |
| GROUP ONE TRADING LLC | Reduced | $52.4k5.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.0m100.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $562.3k54.7k shares |
| WOLVERINE TRADING, LLC | Added | $415.3k40.2k shares |
| SIMPLEX TRADING, LLC | Added | $111.0k10.8k shares |
| GROUP ONE TRADING LLC | Added | $70.9k6.9k shares |
| PEAK6 Investments LLC | Added | $21.6k2.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 14.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 9.6% |
| Bellevue Capital Partners, LLC 13D · may seek influence -2.2 pts · filed 2026-07-24 | 7.5% |
| STATE STREET CORP 13G · institution +0.1 pts · filed 2025-08-11 | 5.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 18.4m $188.8m | Added +151.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 16.7m $172.1m | Reduced -382.3k |
| STATE STREET CORP 0.00% of their portfolio | 6.8m $69.4m | Reduced -6.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $23.7m | Added +66.4k |
| LSV ASSET MANAGEMENT 0.05% of their portfolio | 2.3m $23.6m | Added +347.0k |
| Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio | 2.2m $22.8m | Reduced -29.8k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 2.0m $21.0m | New |
| Invesco Ltd. 0.01% of their portfolio | 1.9m $19.4m | Added +33.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.8m $18.6m | Added +52.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.4m $14.9m | Reduced -5.3k |
| OPSEU Pension Plan Trust Fund 25.99% of their portfolio | 1.3m $13.7m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $12.4m | Reduced -125.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 950.0k $9.8m | Reduced -77.9k |
| MORGAN STANLEY 0.00% of their portfolio | 937.7k $9.6m | Added +55.0k |
| Legal & General Group Plc 0.00% of their portfolio | 933.6k $9.6m | Added +3.4k |
| NORGES BANK 0.00% of their portfolio | 871.2k $9.0m | Reduced -42.1k |
| Sound Income Strategies, LLC 0.71% of their portfolio | 673.9k $6.9m | Added +90.2k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 620.6k $6.4m | Added +11.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 614.6k $6.3m | Reduced -12.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 521.1k $6.7m | Unchanged |
| Keeley-Teton Advisors, LLC 0.65% of their portfolio | 498.2k $5.1m | Added +136.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 447.3k $4.6m | Added +64.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 414.1k $4.3m | Added +291.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 397.1k $4.1m | Reduced -1.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 390.2k $4.0m | Added +22.9k |
| EXCHANGE TRADED CONCEPTS, LLC 0.09% of their portfolio | 362.7k $3.7m | Added +78.4k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 360.0k $3.7m | Added +24.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 336.2k $3.5m | Added +308.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 332.6k $3.4m | Added +26.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 293.7k $3.0m | Reduced -3.0k |
| Verition Fund Management LLC 0.05% of their portfolio | 292.4k $3.0m | New |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 291.4k $3.0m | Reduced -137.0k |
| Arete Wealth Advisors, LLC 0.33% of their portfolio | 276.3k $3.7m | Added +112.9k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 237.2k $2.4m | New |
| Sonora Investment Management Group, LLC 0.20% of their portfolio | 235.8k $2.4m | Reduced -6.2k |
| Swiss National Bank 0.00% of their portfolio | 226.1k $2.3m | Added +2.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 223.4k $2.3m | Added +76.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 220.6k $2.3m | Reduced -14.4k |
| Atria Wealth Solutions, Inc. 0.03% of their portfolio | 220.5k $2.3m | Reduced -1.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 210.6k $2.2m | Added +171.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 209.3k $2.2m | Reduced -663.4k |
| Bramshill Investments, LLC 0.19% of their portfolio | 198.3k $2.0m | Reduced -3.8k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 191.2k $2.0m | Reduced -8.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 184.6k $1.9m | Reduced -82.8k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 184.3k $1.9m | Added +1.8k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 173.9k $1.8m | Added +7.4k |
| AE Wealth Management LLC 0.01% of their portfolio | 172.5k $1.8m | Reduced -6.4k |
| HBK INVESTMENTS L P 0.06% of their portfolio | 171.1k $1.8m | Not comparable |
| INDEPENDENT FINANCIAL GROUP, LLC 0.12% of their portfolio | 165.7k $1.7m | Added +9.8k |
| BARCLAYS PLC 0.00% of their portfolio | 164.6k $1.7m | Added +2.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 163.1k $1.7m | Reduced -34.0k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 162.4k $1.7m | Added +2.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 156.7k $1.6m | Added +73.6k |
| FMR LLC 0.00% of their portfolio | 153.8k $1.6m | Reduced -275.6k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 153.0k $1.6m | Reduced -6.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 147.0k $1.5m | New |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 145.4k $1.5m | Added +7.2k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 144.0k $1.5m | Reduced -8.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 141.9k $1.5m | Reduced -539 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 140.1k $1.4m | Reduced -770 |
| UBS Group AG 0.00% of their portfolio | 128.3k $1.3m | Added +20.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 127.3k $1.3m | Reduced -13.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 126.1k $1.3m | Reduced -3.8k |
| Advisors Asset Management, Inc. 0.03% of their portfolio | 119.2k $1.2m | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 117.4k $1.2m | Added +7.5k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 117.3k $1.2m | Reduced -7.8k |
| CastleKnight Management LP 0.24% of their portfolio | 115.3k $1.2m | Added +23.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 114.4k $1.2m | Added +6.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 114.3k $1.2m | Reduced -890 |
| MONEY CONCEPTS CAPITAL CORP 0.11% of their portfolio | 109.7k $1.1m | Added +820 |
| GraniteShares Advisors LLC 1.00% of their portfolio | 107.5k $1.1m | Reduced -1.1k |
| EMC Capital Management 9.82% of their portfolio | 105.1k $12.6m | Added +93.0k |
| LDR Capital Management LLC 0.66% of their portfolio | 102.9k $1.1m | Reduced -501 |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 99.3k $1.0m | Reduced -3.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 95.5k $981.9k | Added +12.5k |
| CITIGROUP INC 0.00% of their portfolio | 94.9k $975.5k | Added +32.4k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 91.4k $939.6k | Reduced -1.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 89.2k $917.5k | Reduced -146.5k |
| Amundi 0.00% of their portfolio | 75.5k $798.4k | Unchanged |
| Jump Financial, LLC 0.03% of their portfolio | 74.4k $765.3k | New |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.12% of their portfolio | 71.9k $739.3k | Added +17.1k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 71.4k $734.4k | Added +27.6k |
| B. Riley Wealth Advisors, Inc. 0.02% of their portfolio | 69.8k $717.9k | Reduced -1.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 66.5k $684.0k | Reduced -726 |
| STRS OHIO 0.00% of their portfolio | 65.3k $670.0k | Reduced -161.7k |
| Alberta Investment Management Corp 0.01% of their portfolio | 65.1k $669.2k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 63.4k $651.3k | Reduced -33.7k |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 0.09% of their portfolio | 62.2k $639.9k | Reduced -16.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 62.2k $639.2k | Added +114 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 61.5k $632.0k | Added +6.5k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 61.3k $630.4k | Reduced -407 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 60.4k $621.0k | Reduced -4.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 58.6k $602.0k | Reduced -24.4k |
| ALBERT D MASON INC 0.41% of their portfolio | 57.9k $596.0k | Added +8 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 56.3k $578.5k | Added +4.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 56.1k $577.2k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 56.1k $577.0k | Reduced -743 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 55.7k $573.0k | Reduced -2.9k |
| Corient Private Wealth LP 0.00% of their portfolio | 55.4k $569.4k | Reduced -217 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 55.2k $567.4k | Added +14.0k |