Global Net LeaseGNL

13F holders, Q1 2024 (March 31)
291holders
5famous investors
$7.83avg. 13F price*

At the end of Q1 2024, 291 institutions reported holding Global Net Lease Inc. (GNL) in their 13F filings. The largest holders were Vanguard Group Inc. ($262.3M), BlackRock Inc. ($231.2M) and State Street Corp. ($90.0M). 5 famous investors held it, including Cliff Asness (0.0% of AQR Capital Management's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Ken Fisher (0.0% of Fisher Asset Management's portfolio).

Company
Global Net Lease Inc.
CUSIP
379378201
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q1 2024: 291Q1 2024Q2 2024: 307Q2 2024Q3 2024: 316Q3 2024Q4 2024: 326Q4 2024Q1 2025: 326Q1 2025Q2 2025: 321Q2 2025Q3 2025: 328Q3 2025Q4 2025: 348Q4 2025Q1 2026: 356Q1 2026Q2 2026: 342Q2 2026

Total Exit/New Position Q1 2024

InstitutionsTotal Value
New Positions32$46.8M
Exits42$43.2M

Ownership 291 holders

Vanguard Group Inc. 0.01% Reduce -0.5% 33,755,304 $262.3M
BlackRock Inc. 0.01% Reduce -0.6% 29,759,467 $231.2M
State Street Corp. 0.00% Reduce -7.9% 11,578,218 $90.0M
Geode Capital Management, LLC 0.00% Add +3.1% 4,786,782 $37.2M
HSBC Holdings PLC 0.03% Reduce -0.9% 4,649,324 $36.1M
Charles Schwab Investment Management Inc. 0.01% Add +1.5% 3,752,762 $29.2M
Mirae Asset Global Investments Co., Ltd. 0.06% Add +25.9% 2,236,299 $27.5M
Invesco Ltd. 0.01% Add +16.9% 3,081,057 $23.9M
Dimensional Fund Advisors LP 0.01% Add +1.6% 2,767,567 $21.5M
Corient Private Wealth LP 0.04% Reduce -0.2% 2,683,474 $20.9M
Northern Trust Corp. 0.00% Reduce -1.6% 2,040,164 $15.9M
Morgan Stanley 0.00% Reduce -8.6% 1,817,362 $14.1M
Schonfeld Strategic Advisors LLC 0.11% New 1,798,021 $14.0M
Legal & General Group Plc 0.00% Reduce -2.7% 1,755,185 $13.6M
Brown Advisory Inc. 0.02% New 1,679,004 $13.0M
CastleKnight Management LP 1.95% Add +42.3% 1,656,104 $12.9M
Bank of New York Mellon Corp 0.00% Reduce -5.0% 1,600,553 $12.4M
Davidson Kempner Capital Management LP 0.21% New 1,337,000 $10.4M
LSV Asset Management 0.02% Reduce -50.4% 1,208,607 $9.4M
OPSEU Pension Plan Trust Fund 38.11% No change 1,293,892 $8.5M
Sound Income Strategies, LLC 0.59% Add +17.9% 1,022,526 $7.9M
Principal Financial Group Inc. 0.00% Reduce -5.4% 1,013,855 $7.9M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -4.0% 915,811 $7.1M
Norges Bank 0.00% Reduce -23.3% 723,083 $5.6M
JPMorgan Chase & Co. 0.00% Add +13.9% 705,960 $5.5M
Advisors Asset Management, Inc. 0.10% Add +73.5% 698,844 $5.4M
Rhumbline Advisers 0.01% Add +0.9% 689,472 $5.4M
Ameriprise Financial Inc. 0.00% Add +6.2% 646,116 $5.0M
Fisher Asset Management 0.00% Reduce -1.5% 571,604 $4.4M
Nuveen Asset Management, LLC 0.00% Add +0.6% 547,770 $4.3M
Goldman Sachs Group Inc. 0.00% Add +36.5% 541,850 $4.2M
Osaic Holdings, Inc. 0.01% Reduce -7.2% 539,010 $4.2M
Edgestream Partners, L.P. 0.19% New 488,740 $3.8M
Beck Capital Management, LLC 1.05% Reduce -8.1% 470,368 $3.7M
Citigroup Inc. 0.00% Add +9.0% 462,711 $3.6M
Atria Wealth Solutions, Inc. 0.04% Reduce -7.6% 438,059 $3.4M
Prudential Financial Inc. 0.00% Reduce -16.9% 416,741 $3.2M
AQR Capital Management 0.01% Add +192.7% 408,642 $3.2M
Cambridge Investment Research Advisors, Inc. 0.01% Add +12.9% 406,671 $3.2M
Public Sector Pension Investment Board 0.02% Reduce -1.5% 400,322 $3.1M
CANADA LIFE ASSURANCE Co 0.01% Add +3.7% 396,844 $3.1M
Swiss National Bank 0.00% No change 385,557 $3.0M
Deutsche Bank AG 0.00% Add +17.6% 322,269 $2.5M
Exchange Traded Concepts, LLC 0.06% Add +16.6% 321,854 $2.5M
Significant Wealth Partners LLC 1.63% Add +1361.6% 319,224 $2.5M
Citadel Advisors 0.00% Add +502.0% 305,482 $2.4M
Commonwealth Equity Services, LLC 0.00% Add +1.5% 304,660 $2.4M
Asset Management One Co., Ltd. 0.01% Reduce -2.5% 294,451 $2.3M
UBS Group AG 0.00% Reduce -8.0% 292,801 $2.3M
Public Employees Retirement System of Ohio 0.01% Reduce -0.8% 283,182 $2.2M
Independent Financial Group, LLC 0.10% Reduce -3.9% 274,264 $2.1M
Sonora Investment Management Group, LLC 0.17% Reduce -3.5% 271,441 $2.1M
Holocene Advisors, LP 0.01% New 255,097 $2.0M
LPL Financial LLC 0.00% Add +8.1% 251,973 $2.0M
Credit Suisse AG/ 0.00% Add +1.7% 246,555 $1.9M
Alliancebernstein L.P. 0.00% Reduce -4.3% 233,684 $1.8M
Nomura Asset Management Co. Ltd. 0.01% Add +2.5% 225,400 $1.8M
NFSG Corp 0.76% Add +22.5% 225,057 $1.7M
Sumitomo Mitsui Trust Group, Inc. 0.00% Reduce -5.3% 216,968 $1.7M
State of Alaska, Department of Revenue 0.02% Reduce -0.6% 210,944 $1.6M
Arete Wealth Advisors, LLC 0.15% Add +20.7% 208,055 $1.6M
California State Teachers Retirement System 0.00% Reduce -6.2% 195,662 $1.5M
Bramshill Investments, LLC 0.18% Reduce -22.1% 193,445 $1.5M
Barclays PLC 0.00% Reduce -41.0% 184,961 $1.4M
Bank of America Corp. 0.00% Add +76.2% 177,678 $1.4M
Texas Permanent School Fund Corp. 0.01% Add +1.0% 170,328 $1.3M
Thrivent Financial for Lutherans 0.00% Reduce -2.9% 169,430 $1.3M
GraniteShares Advisors LLC 0.69% Add +14.6% 168,657 $1.3M
Cetera Investment Advisers 0.00% Add +282.3% 166,191 $1.3M
B. Riley Wealth Advisors, Inc. 0.03% Reduce -0.6% 133,957 $1.3M
Manufacturers Life Insurance Company, The 0.00% Add +5.1% 152,514 $1.2M
HighTower Advisors, LLC 0.00% Add +9.6% 132,788 $1.0M
Money Concepts Capital Corp. 0.09% Add +0.3% 132,410 $1.0M
UniSuper Management Pty Ltd 0.01% Add +134.9% 130,355 $1.0M
Janney Montgomery Scott LLC 0.00% Add +28.9% 123,528 $960K
Nisa Investment Advisors, LLC 0.01% Reduce -11.3% 121,255 $942K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% No change 119,276 $927K
T. Rowe Price Associates Inc. 0.00% Add +6.5% 116,384 $905K
Gagnon Securities LLC 0.21% Add +8.5% 113,866 $885K
Illinois Municipal Retirement Fund 0.01% Add +5.5% 113,714 $884K
Guggenheim Capital LLC 0.01% Add +25.8% 106,429 $827K
American International Group, Inc. 0.00% Reduce -0.9% 105,045 $816K
BNP Paribas Financial Markets 0.00% Add +58.7% 103,420 $804K
Pacific Ridge Capital Partners, LLC 0.17% Reduce -7.4% 100,907 $784K
Amundi 0.00% Reduce -8.6% 116,611 $772K
MetLife Investment Management, LLC 0.01% Reduce -4.6% 98,042 $762K
State of Tennessee, Department of Treasury 0.00% Reduce -11.4% 97,626 $759K
Louisiana State Employees Retirement System 0.01% Reduce -1.3% 96,700 $751K
Yousif Capital Management, LLC 0.01% Reduce -9.3% 88,026 $684K
Janus Henderson Group PLC 0.00% Add +0.0% 87,798 $682K
First Trust Advisors LP 0.00% Add +8.1% 84,703 $658K
Scotia Capital Inc. 0.00% Reduce -3.9% 82,853 $644K
Wells Fargo & Company 0.00% Add +13.4% 80,718 $627K
New York State Common Retirement Fund 0.00% Reduce -50.8% 80,452 $625K
New York State Teachers Retirement System 0.00% Add +18.0% 79,653 $619K
Prime Capital Investment Advisors, LLC 0.01% Add +11.4% 77,872 $605K
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.00% Reduce -0.1% 77,441 $602K
Macquarie Group Ltd. 0.00% Reduce -4.2% 76,885 $597K
Resona Asset Management Co.,Ltd. 0.00% — 76,350 $593K
Infrastructure Capital Advisors, LLC 0.09% Add +12.5% 76,317 $593K
Penserra Capital Management LLC 0.01% Add +14.2% 75,970 $590K
Kovack Advisors, Inc. 0.07% Add +22.4% 72,435 $563K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% No change 71,991 $559K
Thompson Investment Management, Inc. 0.08% Add +0.5% 71,314 $554K
State of Wisconsin Investment Board 0.00% Add +254.6% 68,283 $531K
Group One Trading LLC 0.02% Add +392.8% 68,034 $529K
Voya Investment Management LLC 0.00% Reduce -76.9% 64,010 $497K
Daiwa Securities Group Inc. 0.00% Add +7.3% 63,390 $493K
Teachers Retirement System of the State of Kentucky 0.00% No change 63,145 $490K
Greenland Capital Management LP 0.08% New 61,297 $476K
Allegheny Financial Group 0.15% Reduce -8.4% 60,812 $473K
Amalgamated Bank 0.00% Reduce -18.5% 60,020 $466K
Maryland State Retirement & Pension System 0.01% Reduce -1.7% 70,376 $460K
Albert D Mason Inc. 0.27% Reduce -0.9% 56,416 $438K
Arkadios Wealth Advisors 0.03% Reduce -1.7% 56,228 $437K
Ieq Capital, LLC 0.01% New 55,690 $433K
Beacon Pointe Advisors, LLC 0.00% Add +2.7% 55,317 $430K
Arizona State Retirement System 0.00% Reduce -1.6% 53,807 $418K
Equitable Holdings, Inc. 0.00% Add +37.1% 53,641 $417K
Pictet Asset Management Holding SA 0.00% Add +6.2% 52,708 $410K
Oregon Public Employees Retirement Fund 0.01% Reduce -8.7% 52,273 $406K
Ameritas Advisory Services, LLC 0.02% New 55,476 $401K
Mariner, LLC 0.00% Add +24.0% 48,328 $376K
Creative Planning 0.00% Add +5.6% 47,410 $368K
DekaBank Deutsche Girozentrale 0.00% No change 44,683 $341K
Cobblestone Asset Management LLC 0.22% No change 42,136 $327K
Victory Capital Management Inc. 0.00% Add +5.2% 40,974 $318K
ProShare Advisors LLC 0.00% Add +7.3% 39,265 $305K
Praxis Investment Management Inc. 0.02% No change 39,280 $305K
BTC Capital Management, Inc. 0.03% — 38,913 $302K
Handelsbanken Fonder AB 0.00% No change 38,446 $299K
State Board of Administration of Florida Retirement System 0.00% Reduce -58.5% 23,093 $297K
Concorde Asset Management, LLC 0.20% Add +72.0% 37,733 $293K
Harbour Investments, Inc. 0.01% Add +10.9% 36,947 $287K
Retirement Group, LLC 0.10% Add +1.5% 35,588 $277K
Raymond James & Associates 0.00% Reduce -9.5% 35,459 $276K
Diversify Advisory Services, LLC 0.02% — 35,368 $272K
Brookstone Capital Management 0.00% No change 34,949 $272K
EMC Capital Management 0.16% Add +57.9% 34,840 $271K
STRS Ohio 0.00% Reduce -12.1% 34,900 $271K
J.W. Cole Advisors, Inc. 0.01% Reduce -10.9% 34,607 $269K
Aberdeen Group plc 0.00% Reduce -3.9% 34,389 $267K
Millennium Management 0.00% Reduce -84.7% 34,153 $265K
Mutual of America Capital Management LLC 0.00% Reduce -1.8% 33,646 $261K
Pensionfund PDN 0.13% No change 30,976 $241K
Modern Wealth Management, LLC 0.02% Add +0.5% 30,926 $240K
SVB Wealth LLC 0.01% Add +15.9% 30,774 $239K
Apeiron RIA LLC 0.07% Reduce -0.2% 30,656 $238K
Sumitomo Mitsui DS Asset Management Company, Ltd 0.00% No change 30,518 $237K
Lazari Capital Management, Inc. 0.13% No change 30,112 $234K
OMERS ADMINISTRATION Corp 0.00% New 29,500 $229K
Royal Bank of Canada 0.00% Reduce -60.1% 29,209 $226K
Cooper Financial Group 0.04% Add +1.4% 28,413 $221K
Sigma Planning Corp 0.01% Add +102.1% 28,078 $218K
Van Eck Associates Corp. 0.00% Add +2.3% 27,918 $217K
Coppell Advisory Solutions Corp. 0.04% — 27,015 $210K
Evergreen Capital Management LLC 0.01% New 26,773 $208K
SG Americas Securities, LLC 0.00% Reduce -80.6% 25,515 $198K
Acorn Wealth Advisors, LLC 0.10% Add +0.4% 25,245 $196K
Nissay Asset Management Corp. /Japan 0.00% Add +4.0% 25,075 $195K
Bank of Montreal 0.00% Add +3.9% 24,949 $194K
Realta Investment Advisors 0.04% Reduce -28.8% 24,301 $189K
Versor Investments LP 0.04% New 24,000 $186K
Prospera Financial Services Inc 0.01% Reduce -3.0% 23,803 $185K
Bokf, NA 0.00% Reduce -14.5% 23,656 $182K
Envestnet Asset Management Inc. 0.00% Add +15.9% 22,491 $175K
Russell Investments Group, Ltd. 0.00% Add +5.9% 21,980 $171K
CIBC Asset Management Inc 0.00% No change 21,765 $169K
Y-Intercept (Hong Kong) Ltd 0.01% New 21,667 $168K
Vanguard Personalized Indexing Management, LLC 0.00% Add +7.6% 21,563 $168K
Tidal Investments LLC 0.00% Add +5.8% 21,042 $163K
PFG Investments, LLC 0.01% New 20,709 $161K
Mutual Advisors, LLC 0.01% Reduce -5.5% 20,595 $160K
Cadence Bank 0.01% New 20,500 $159K
Accurate Wealth Management, LLC 0.05% No change 23,530 $159K
Susquehanna International Group, LLP 0.00% Reduce -71.7% 20,330 $158K
First Heartland Consultants, Inc. 0.02% Add +0.9% 20,020 $156K
AE Wealth Management LLC 0.00% Reduce -95.8% 20,022 $156K
Jane Street Group, LLC 0.00% Reduce -79.4% 19,745 $153K
Ameritas Investment Partners, Inc. 0.01% No change 19,351 $150K
Nebula Research & Development LLC 0.03% New 19,013 $148K
Cwm, LLC 0.00% Reduce -8.7% 18,760 $146K
Lido Advisors, LLC 0.00% Reduce -7.4% 18,538 $144K
Bryn Mawr Trust Advisors, LLC 0.01% No change 18,328 $142K
Strategic Blueprint, LLC 0.01% Reduce -16.6% 18,181 $141K
Geneos Wealth Management Inc. 0.01% Reduce -15.8% 18,036 $140K
PEAK6 Investments LLC 0.01% New 17,985 $140K
Level Four Advisory Services, LLC 0.01% No change 13,908 $138K
Capital Investment Advisory Services, LLC 0.01% No change 17,598 $137K
M&T Bank Corp 0.00% Reduce -26.2% 17,570 $137K
Atlas Private Wealth Advisors 0.05% Reduce -52.8% 17,430 $135K
First Trust Direct Indexing L.P. 0.01% New 17,029 $132K
Continuum Advisory, LLC 0.02% Reduce -25.6% 17,543 $130K
Neuberger Berman Group LLC 0.00% Reduce -34.5% 16,430 $128K
Arrow Investment Advisors, LLC 0.11% No change 16,204 $126K
Metropolitan Life Insurance Co 0.01% Reduce -4.5% 15,750 $122K
Mercer Global Advisors Inc. 0.00% Reduce -17.3% 15,673 $122K
Gen-Wealth Partners Inc 0.06% — 15,701 $122K
Kingswood Wealth Advisors, LLC 0.01% New 15,304 $119K
Patriot Financial Group Insurance Agency, LLC 0.02% Add +0.7% 15,238 $118K
Raymond James Financial Services Advisors, Inc. 0.00% Reduce -3.8% 14,527 $113K
Sei Investments Co. 0.00% New 14,169 $110K
Cibc World Market Inc. 0.00% Add +0.0% 14,071 $109K
Cerity Partners LLC 0.00% New 14,010 $109K
Capital Market Strategies LLC 0.08% Reduce -1.8% 13,694 $106K
Quadrant Capital Group LLC 0.01% Add +1.6% 13,469 $105K
Mackenzie Financial Corp. 0.00% Reduce -53.2% 13,414 $104K
Belpointe Asset Management LLC 0.01% No change 13,279 $103K
Metis Global Partners, LLC 0.00% Add +5.7% 13,232 $103K
QRG Capital Management, Inc. 0.00% Reduce -18.1% 13,109 $102K
Sunbelt Securities, Inc. 0.01% Reduce -11.3% 13,098 $102K
Maverick Capital 0.00% New 12,847 $100K
Essex Financial Services, Inc. 0.01% Add +1.9% 12,292 $96K
Xponance LLC 0.00% Reduce -0.3% 11,724 $91K
Verition Fund Management LLC 0.00% New 11,721 $91K
Lanark Financial, Inc. 0.01% No change 11,529 $89K
Ashton Thomas Private Wealth, LLC 0.01% Add +0.2% 11,287 $88K
Sherbrooke Park Advisers LLC 0.02% New 11,184 $87K
Harvest Investment Services, LLC 0.03% No change 10,720 $83K
Avantax Advisory Services, Inc. 0.00% Reduce -2.1% 10,618 $83K
Concourse Financial Group Securities, Inc. 0.01% Reduce -24.7% 10,603 $82K
Global Wealth Management Investment Advisory, Inc. 0.02% No change 10,539 $82K
Profund Advisors LLC 0.00% Reduce -21.3% 10,530 $82K
Caxton Associates LP 0.01% No change 10,432 $81K
NJ State Employees Deferred Compensation Plan 0.01% No change 10,400 $81K
Compound Planning, Inc. 0.01% New 10,395 $81K
FMR LLC 0.00% Reduce -93.4% 10,131 $79K
Great Waters Wealth Management 0.01% No change 10,000 $78K
NewEdge Advisors, LLC 0.00% Add +12.5% 9,630 $75K
Pensionfund Sabic 0.02% No change 9,492 $74K
Principal Securities, Inc. 0.00% Add +0.9% 8,696 $68K
Wolverine Asset Management LLC 0.01% No change 7,729 $60K
KBC Group NV 0.00% Add +68.7% 6,776 $53K
Farther Finance Advisors, LLC 0.00% Add +43.6% 5,759 $44K
Simplex Trading, LLC 0.00% Add +97.9% 5,598 $43K
Signaturefd, LLC 0.00% Add +47.9% 4,483 $35K
Castleview Partners, LLC 0.02% Add +2.1% 4,301 $33K
Steward Partners Investment Advisory, LLC 0.00% Add +12.4% 4,223 $33K
Beacon Capital Management, LLC 0.01% Reduce -14.7% 3,796 $29K
Northwestern Mutual Wealth Management Co. 0.00% Add +2.1% 3,364 $26K
Federated Hermes, Inc. 0.00% Reduce -31.1% 3,344 $26K
GAMMA Investing LLC 0.01% Reduce -47.0% 3,288 $26K
Spire Wealth Management 0.00% No change 3,286 $26K
IFP Advisors, Inc 0.00% No change 3,238 $25K
PSI Advisors, LLC 0.01% No change 3,208 $25K
Moisand Fitzgerald Tamayo, LLC 0.00% No change 3,189 $25K
Tower Research Capital LLC (TRC) 0.00% Reduce -95.0% 2,821 $22K
Beaird Harris Wealth Management, LLC 0.00% No change 2,680 $21K
Kozak & Associates, Inc. 0.01% Reduce -6.8% 2,503 $19K
CIBC Private Wealth Group LLC 0.00% New 2,500 $19K
Parallel Advisors, LLC 0.00% Add +13.2% 2,468 $19K
Allworth Financial LP 0.00% Add +19.2% 2,127 $17K
US Bancorp \de 0.00% Add +0.3% 2,102 $16K
ICA Group Wealth Management, LLC 0.00% Reduce -73.0% 2,093 $16K
Assetmark, Inc. 0.00% Add +420.3% 2,076 $16K
Avior Wealth Management, LLC 0.00% Add +1.9% 2,059 $16K
Creative Financial Designs Inc. 0.00% Add +1.6% 1,937 $15K
MassMutual Private Wealth & Trust, FSB 0.00% Add +839.4% 1,813 $14K
Rise Advisors, LLC 0.01% New 1,806 $14K
Raleigh Capital Management Inc. 0.01% Reduce -62.8% 1,579 $12K
PNC Financial Services Group, Inc. 0.00% Reduce -77.8% 1,507 $12K
Fortis Group Advisors, LLC 0.00% Reduce -50.0% 1,340 $10K
Elevation Wealth Partners, LLC 0.00% Add +8.3% 1,272 $10K
Janiczek Wealth Management, LLC 0.00% No change 1,263 $10K
Register Financial Advisors LLC 0.00% New 1,072 $8K
Lindbrook Capital, LLC 0.00% Add +84.5% 985 $8K
Westside Investment Management, Inc. 0.00% No change 804 $6K
Wolff Wiese Magana LLC 0.00% Reduce -2.9% 670 $5K
WASHINGTON TRUST Co 0.00% No change 670 $5K
Versant Capital Management, Inc 0.00% Add +19.5% 661 $5K
Benjamin F. Edwards & Company, Inc. 0.00% Add +79.1% 607 $5K
IFS Advisors, LLC 0.00% No change 534 $4K
Asset Dedication, LLC 0.00% No change 576 $4K
Cape Investment Advisory, Inc. 0.00% Add +3.9% 403 $3K
Larson Financial Group LLC 0.00% No change 393 $3K
EverSource Wealth Advisors, LLC 0.00% Reduce -42.8% 414 $3K
Quarry LP 0.00% New 265 $2K
Delta Asset Management LLC 0.00% No change 195 $2K
Bell Investment Advisors, Inc 0.00% No change 190 $1K
AlphaQuest LLC 0.00% New 153 $1K
Semmax Financial Advisors Inc. 0.00% Add +4.1% 152 $1K
National Bank of Canada 0.00% No change 134 $998
UMB Bank, n.a. 0.00% New 98 $761
Pinnacle Bancorp, Inc. 0.00% No change 89 $692
DecisionPoint Financial, LLC 0.00% New 100 $691
Farmers & Merchants Investments Inc. 0.00% No change 81 $629
Raffa Wealth Management, LLC 0.00% No change 46 $357
Rothschild Investment LLC 0.00% New 15 $117
Tucker Asset Management LLC 0.00% No change 10 $78
Bogart Wealth, LLC 0.00% No change 4 $31
Covestor Ltd 0.00% No change 21 $0

"% of holder's portfolio" is GNL's weight in each manager's 13F, not the share of Global Net Lease Inc. the manager owns.