Echo Street Capital Management’s Agree Realty ADC Stock Holding History

Echo Street Capital Management’s Portfolio ADC Stock Details ADC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q2	–	Sell	-198,844	Closed	-$13.2M	–	550
2022 Q1	$13.2M	Sell	198,844 -22,094	-10%	-$1.44M	0.1%	102
2021 Q4	$15.8M	Buy	+220,938	New	+$15.3M	0.11%	109
2021 Q2	–	Sell	-98,285	Closed	-$6.62M	–	579
2021 Q1	$6.62M	Sell	98,285 -12,983	-12%	-$847K	0.06%	127
2020 Q4	$7.41M	Buy	+111,268	New	+$7.27M	0.07%	110
2017 Q4	–	Sell	-116,100	Closed	-$5.7M	–	147
2017 Q3	$5.7M	Sell	116,100 -48,537	-29%	-$2.37M	0.19%	123
2017 Q2	$7.55M	Buy	164,637 +23,096	+16%	+$1.1M	0.28%	93
2017 Q1	$6.79M	Buy	141,541 +9,003	+7%	+$427K	0.23%	108
2016 Q4	$6.1M	Buy	132,538 +17,135	+15%	+$782K	0.24%	104
2016 Q3	$5.71M	Buy	115,403 +95,695	+486%	+$4.66M	0.24%	122
2016 Q2	$951K	Buy	+19,708	New	+$829K	0.04%	148

Other funds holding ADC

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

CIM

Centersquare Investment Management Conshohocken, Pennsylvania $9.67B AUM 5.55% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Daiwa Securities Group Tokyo, Japan $34.8B AUM 20.7% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

Echo Street Capital Management's ADC Position: Q2 2022 in Review

Echo Street Capital Management sold out of Agree Realty (ADC) in Q2 2022, closing a stake of 198,844 shares — an estimated $13.2M sold.

Echo Street Capital Management first reported a position in ADC in Q2 2016 and held it in 10 quarters. The position peaked at $15.8M in Q4 2021. 340 funds tracked by Wall St. Rank hold ADC as of Q2 2022.

Echo Street Capital Management reported no remaining Agree Realty position as of Q2 2022 after selling out during the quarter.
Echo Street Capital Management sold 198,844 Agree Realty shares in Q2 2022, an estimated $13.2M.
Echo Street Capital Management first reported a position in Agree Realty in Q2 2016 and held it in 10 quarters.
Echo Street Capital Management's Agree Realty position peaked at $15.8M in Q4 2021.
340 funds tracked by Wall St. Rank held Agree Realty as of Q2 2022.

Based on Echo Street Capital Management's 13F filing for Q2 2022, filed 15 Aug 2022.