BNLNYSEReal Estate Investment TrustsFiscal year ends December 31
Broadstone Net Lease, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q/A on Jul 29, 2026
$17.66−0.47 (-2.59%)
Close on Oct 19, 2026
- Market cap
- $3.54B
- P/E (TTM)
- 23.2
- Dividend yield
- 6.57%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
98.1%
188M of 192M shares
Institutional holders
378
66 new, 37 sold out
Net institutional buying
16M
In Q2 2026
Insider trades, 12 months
2 buys · 0 sales
Net bought $211.60K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 31,970,112 | 16.70% | 13G (passive) amendment | Apr 30, 2026 |
| Vanguard Portfolio Management | 19,661,475 | 10.26% | 13G (passive) amendment | Apr 30, 2026 |
| State Street Corporation | 10,818,323 | 5.60% | 13G (passive) | Jun 30, 2026 |
| Vanguard Capital Management | 10,096,782 | 5.27% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BNL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 34,462,110 | 17.96% | $712.33M | +9,102,174 | 0.01% |
| Vanguard Portfolio Management LLC | 20,047,478 | 10.45% | $414.38M | +1,922,767 | 0.02% |
| State Street Corp | 10,818,323 | 5.64% | $226.73M | +2,922,255 | 0.01% |
| Vanguard Capital Management LLC | 8,622,817 | 4.49% | $178.23M | +94,701 | 0.00% |
| Geode Capital Management, LLC | 5,628,247 | 2.93% | $116.36M | +352,355 | 0.01% |
| Nuveen, LLC | 4,586,676 | 2.39% | $94.81M | −1,361,248 | 0.02% |
| Alliancebernstein L.P. | 4,435,319 | 2.31% | $81.03M | −28,200 | 0.03% |
| Invesco Ltd. | 4,306,063 | 2.24% | $89.01M | −238,992 | 0.01% |
| Charles Schwab Investment Management Inc | 3,722,825 | 1.94% | $76.95M | +244,832 | 0.01% |
| Aew Capital Management L P | 3,261,571 | 1.70% | $67.42M | +242,395 | 4.03% |
| Fuller & Thaler Asset Management, Inc. | 2,950,786 | 1.54% | $60.99M | −107,007 | 0.17% |
| Dimensional Fund Advisors LP | 2,831,379 | 1.48% | $58.53M | +134,584 | 0.01% |
| JPMorgan Chase & Co | 2,748,630 | 1.43% | $58.34M | +644,127 | 0.00% |
| Northern Trust Corp | 2,573,690 | 1.34% | $53.20M | +381,626 | 0.01% |
| Centersquare Investment Management LLC | 2,466,690 | 1.29% | $50.99M | −170,998 | 0.44% |
| GRS Advisors, LLC | 2,420,071 | 1.26% | $50.02M | −242,957 | 4.22% |
| Norges Bank | 2,254,795 | 1.18% | $46.61M | New | 0.00% |
| Victory Capital Management Inc | 2,085,661 | 1.09% | $43.11M | +26,158 | 0.02% |
| Lsv Asset Management | 2,070,300 | 1.08% | $42.79K | −36,300 | 0.08% |
| Alyeska Investment Group, L.P. | 2,050,198 | 1.07% | $42.38M | +148,533 | 0.11% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 378 | 188M | 98.1% | 66 / 152 | 101 / 37 | 33M | 16M |
| Q1 2026 | 353 | 173M | 90.4% | 49 / 126 | 120 / 38 | 50M | 19M |
| Q4 2025 | 351 | 171M | 89.3% | 55 / 127 | 109 / 25 | 28M | 14M |
| Q3 2025 | 331 | 158M | 82.6% | 43 / 118 | 121 / 31 | 17M | 17M |
| Q2 2025 | 321 | 158M | 82.4% | 36 / 150 | 91 / 29 | 21M | 21M |
| Q1 2025 | 316 | 158M | 82.5% | 39 / 120 | 107 / 25 | 14M | 10M |
| Q4 2024 | 304 | 156M | 81.2% | 48 / 114 | 91 / 19 | 13M | 13M |
| Q3 2024 | 279 | 156M | 81.5% | 31 / 104 | 96 / 27 | 30M | 8M |
| Q2 2024 | 279 | 153M | 80.0% | 38 / 102 | 94 / 35 | 11M | 16M |
| Q1 2024 | 278 | 159M | 82.7% | 35 / 104 | 90 / 34 | 16M | 15M |
| Q4 2023 | 278 | 158M | 82.1% | 49 / 106 | 83 / 30 | 19M | 12M |
| Q3 2023 | 263 | 151M | 78.9% | 31 / 104 | 87 / 26 | 13M | 8M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BNL | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 11,553,636 | 6.02% | $238.81M | 0.21% | Jun 30, 2026 |
| Vanguard Real Estate Index Fund | 7,287,260 | 3.80% | $156.02M | 0.21% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 6,092,437 | 3.17% | $125.93M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 5,001,628 | 2.61% | $103.38M | 0.12% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 4,400,029 | 2.29% | $90.95M | 0.05% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 2,785,939 | 1.45% | $57.59M | 0.08% | Jun 30, 2026 |
| Undiscovered Managers Behavioral Value Fund | 2,412,609 | 1.26% | $49.87M | 0.55% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 2,193,341 | 1.14% | $45.34M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 2,147,890 | 1.12% | $45.99M | 0.13% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 1,849,424 | 0.96% | $38.23M | 0.26% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 1,753,801 | 0.91% | $36.25M | 0.21% | Jun 30, 2026 |
| Schwab U.S. REIT ETF | 1,338,560 | 0.70% | $27.08M | 0.27% | May 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 1,278,893 | 0.67% | $27.38M | 0.25% | Jul 31, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 1,221,715 | 0.64% | $25.25M | 0.31% | Jun 30, 2026 |
| Janus Henderson Small Cap Value Fund | 1,041,123 | 0.54% | $21.52M | 1.69% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Kevin Fennell | EVP, CFO & Treasurer | 220,036 | 0.11% | Mar 16, 2026 |
| Jennie O'Brien | SVP, Chief Accounting Officer | 81,620 | 0.04% | Mar 16, 2026 |
| Michael B. Caruso | SVP, Underwriting & Strategy | 117,417 | 0.06% | Mar 16, 2026 |
| John David Moragne | CEO | 652,483 | 0.34% | Mar 16, 2026 |
| Ryan M. Albano | President & COO | 400,605 | 0.21% | Mar 16, 2026 |
| John Callan | SVP & General Counsel | 108,610 | 0.06% | Mar 16, 2026 |
| Molly Wiegel | SVP, Human Resources & Admin | 75,873 | 0.04% | Mar 16, 2026 |
| William D. Garner | SVP, Acquisitions | 84,842 | 0.04% | Mar 4, 2026 |
| Richard P. Imperiale | Director | 31,250 | 0.02% | Aug 24, 2026 |
| James H. Watters | Director | 127,349 | 0.07% | May 1, 2026 |
| Laurie A. Hawkes | Director | 145,683 | 0.08% | May 1, 2026 |
| David M. Jacobstein | Director | 75,760 | 0.04% | May 1, 2026 |
| Laura L. Felice | Director | 33,637 | 0.02% | May 1, 2026 |
| Michael A. Coke | Director | 85,902 | 0.04% | May 1, 2026 |
| Joseph Saffire | Director | 21,250 | 0.01% | May 1, 2026 |
| Jessica Duran | Director | 30,560 | 0.02% | May 1, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Richard P. Imperiale Director | Aug 21, 2026 | Buy | +5,000 | $21.10 | $105.50K | 31,250 |
| Richard P. Imperiale Director | Aug 20, 2026 | Buy | +5,000 | $21.22 | $106.10K | 26,250 |
| Joseph Saffire Director | May 1, 2026 | Award | +4,987 | – | – | 21,250 |
| Laura L. Felice Director | May 1, 2026 | Award | +4,987 | – | – | 33,637 |
| Michael A. Coke Director | May 1, 2026 | Award | +4,987 | – | – | 62,950 |
| Jessica Duran Director | May 1, 2026 | Award | +4,987 | – | – | 30,560 |
| David M. Jacobstein Director | May 1, 2026 | Award | +4,987 | – | – | 70,620 |
| Richard P. Imperiale Director | May 1, 2026 | Award | +4,987 | – | – | 21,250 |
| James H. Watters Director | May 1, 2026 | Award | +4,987 | – | – | 127,349 |
| Laurie A. Hawkes Director | May 1, 2026 | Award | +4,987 | – | – | 145,683 |
| Kevin Fennell EVP, CFO & Treasurer | Mar 12, 2026 | Tax withholding | −28,475 | $18.97 | $540.17K | 220,036 |
| Kevin Fennell EVP, CFO & Treasurer | Mar 12, 2026 | Award | +55,778 | – | – | 248,511 |
| Ryan M. Albano President & COO | Mar 12, 2026 | Tax withholding | −56,950 | $18.97 | $1.08M | 400,605 |
| Ryan M. Albano President & COO | Mar 12, 2026 | Award | +111,557 | – | – | 457,555 |
| John Callan SVP & General Counsel | Mar 12, 2026 | Award | +12,397 | – | – | 108,610 |
| John Callan SVP & General Counsel | Mar 12, 2026 | Tax withholding | −4,470 | $18.97 | $84.80K | 104,140 |
| John David Moragne CEO | Mar 12, 2026 | Award | +148,741 | – | – | 652,483 |
| John David Moragne CEO | Mar 12, 2026 | Tax withholding | −75,933 | $18.97 | $1.44M | 576,550 |
| Molly Wiegel SVP, Human Resources & Admin | Mar 12, 2026 | Award | +9,917 | – | – | 75,873 |
| Molly Wiegel SVP, Human Resources & Admin | Mar 12, 2026 | Tax withholding | −3,576 | $18.97 | $67.84K | 72,297 |
| Michael B. Caruso SVP, Underwriting & Strategy | Mar 12, 2026 | Award | +12,397 | – | – | 117,417 |
| Michael B. Caruso SVP, Underwriting & Strategy | Mar 12, 2026 | Tax withholding | −4,470 | $18.97 | $84.80K | 112,947 |
| Jennie O'Brien SVP, Chief Accounting Officer | Mar 12, 2026 | Award | +9,917 | – | – | 81,620 |
| Jennie O'Brien SVP, Chief Accounting Officer | Mar 12, 2026 | Tax withholding | −3,576 | $18.97 | $67.84K | 78,044 |
| Kevin Fennell EVP, CFO & Treasurer | Mar 2, 2026 | Tax withholding | −10,352 | $19.39 | $200.73K | 168,936 |
| Kevin Fennell EVP, CFO & Treasurer | Mar 2, 2026 | Award | +23,797 | – | – | 192,733 |
| Ryan M. Albano President & COO | Mar 2, 2026 | Award | +43,455 | – | – | 345,998 |
| Ryan M. Albano President & COO | Mar 2, 2026 | Tax withholding | −16,005 | $19.39 | $310.34K | 302,543 |
| William D. Garner SVP, Acquisitions | Mar 2, 2026 | Award | +9,312 | – | – | 84,842 |
| William D. Garner SVP, Acquisitions | Mar 2, 2026 | Tax withholding | −4,478 | $19.39 | $86.83K | 75,530 |
| John David Moragne CEO | Mar 2, 2026 | Award | +78,632 | – | – | 503,742 |
| John David Moragne CEO | Mar 2, 2026 | Tax withholding | −24,681 | $19.39 | $478.56K | 425,110 |
| Michael B. Caruso SVP, Underwriting & Strategy | Mar 2, 2026 | Tax withholding | −5,497 | $19.39 | $106.59K | 95,708 |
| Michael B. Caruso SVP, Underwriting & Strategy | Mar 2, 2026 | Award | +9,312 | – | – | 105,020 |
| Jennie O'Brien SVP, Chief Accounting Officer | Mar 2, 2026 | Tax withholding | −4,799 | $19.39 | $93.05K | 63,167 |
| Jennie O'Brien SVP, Chief Accounting Officer | Mar 2, 2026 | Award | +8,536 | – | – | 71,703 |
| John Callan SVP & General Counsel | Mar 2, 2026 | Tax withholding | −4,560 | $19.39 | $88.42K | 87,677 |
| John Callan SVP & General Counsel | Mar 2, 2026 | Award | +8,536 | – | – | 96,213 |
| Molly Wiegel SVP, Human Resources & Admin | Mar 2, 2026 | Award | +6,208 | – | – | 65,956 |
| Molly Wiegel SVP, Human Resources & Admin | Mar 2, 2026 | Tax withholding | −2,513 | $19.39 | $48.73K | 59,748 |
| Kevin Fennell EVP, CFO & Treasurer | Jul 15, 2025 | Buy | +859.11 | $15.92 | $13.68K | 179,288 |
| Richard P. Imperiale Director | May 14, 2025 | Buy | +2,500 | $15.78 | $39.45K | 16,263 |
| Richard P. Imperiale Director | May 13, 2025 | Buy | +2,500 | $15.93 | $39.83K | 13,763 |
| Richard P. Imperiale Director | May 9, 2025 | Buy | +2,500 | $16.34 | $40.85K | 11,263 |
| Richard P. Imperiale Director | May 8, 2025 | Buy | +2,500 | $16.28 | $40.70K | 8,763 |
| David M. Jacobstein Director | May 8, 2025 | Buy | +1,500 | $16.28 | $24.42K | 65,633 |
| Ryan M. Albano President & COO | May 7, 2025 | Buy | +10,000 | $16.52 | $165.20K | 318,548 |
| Laura L. Felice Director | May 7, 2025 | Buy | +9,250 | $16.36 | $151.33K | 28,650 |
| James H. Watters Director | May 6, 2025 | Buy | +2,000 | $15.98 | $31.96K | 122,362 |
| Kevin Fennell EVP, CFO & Treasurer | May 6, 2025 | Buy | +5,000 | $15.87 | $79.35K | 178,429 |
| John David Moragne Chief Executive Officer, Director | May 5, 2025 | Buy | +10,000 | $16.13 | $161.30K | 449,791 |
| James H. Watters Director | May 5, 2025 | Buy | +2,000 | $16.13 | $32.26K | 120,362 |
| Michael A. Coke Director | May 5, 2025 | Buy | +10,000 | $16.07 | $160.70K | 57,963 |
| Jessica Duran Director | May 5, 2025 | Buy | +6,173 | $16.11 | $99.45K | 25,573 |
| Laurie A. Hawkes Director | May 5, 2025 | Buy | +10,000 | $16.14 | $161.40K | 140,696 |
| Joseph Saffire Director | May 5, 2025 | Buy | +10,000 | $16.08 | $160.80K | 16,263 |
| David M. Jacobstein Director | May 2, 2025 | Award | +6,263 | – | – | 64,133 |
| Laurie A. Hawkes Director | May 2, 2025 | Award | +6,263 | – | – | 130,696 |
| Richard P. Imperiale Director | May 2, 2025 | Award | +6,263 | – | – | 6,263 |
| Joseph Saffire Director | May 2, 2025 | Award | +6,263 | – | – | 6,263 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.