Agree Realty
ADC
225 hedge funds and large institutions have $1.49B invested in Agree Realty in 2018 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 106 increasing their positions, 59 reducing their positions, and 14 closing their positions.
179% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 14
80% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 59
13% more funds holding
Funds holding: 200 → 225 (+25)
2.72% more ownership
Funds ownership: 95.96% → 98.68% (+2.7%)
3% more capital invested
Capital invested by funds: $1.44B → $1.49B (+$49.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| 1 |
Cohen & Steers
New York
|
+$30.1M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.6M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$18M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.7M |
| 5 |
Millennium Management
New York
|
+$12.2M |
Top Sellers
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$38.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.37M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$5.32M |
| 4 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$5.26M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$2.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
226
Jefferies Group
New York
| – | -$358K | -6,962 | Closed |
|
|
RQS
227
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$309K | -6,004 | Closed |
|
|
MCM
228
McKinley Capital Management
Anchorage,
Alaska
| – | -$280K | -5,444 | Closed |
|
|
SCM
229
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$249K | -4,840 | Closed |
|
|
MFWM
230
Motley Fool Wealth Management
Alexandria,
Virginia
| – | -$214K | -4,159 | Closed |
|
|
AB
231
Amalgamated Bank
New York
| – | -$211K | -4,094 | Closed |
|
232
Neuberger Berman Group
New York
| – | -$203K | -3,947 | Closed |
|
|
DCM
233
Delpha Capital Management
New York
| – | -$109K | -2,117 | Closed |
|
|
IWP
234
Icon Wealth Partners
Houston,
Texas
| – | -$13K | -253 | Closed |
|
|
STA
235
Summit Trail Advisors
New York
| – | -$9K | -174 | Closed |
|
|
ACM
236
Armbruster Capital Management
Pittsford,
New York
| – | -$3K | -56 | Closed |
|
237
AssetMark Inc
Concord,
California
| – | -$1K | -24 | Closed |
|
|
RWA
238
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$1K | -22 | Closed |
|
ADC Hedge Fund Activity: Q1 2018 in Review
225 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q1 2018, worth a combined $1.49B — up 3.5% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new ADC positions and 14 closed out — a net gain of 25 holders — while 106 added to existing stakes and 59 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $30.1M. The largest seller was Deutsche Bank, cutting an estimated $38.7M.
- 225 institutional investors held Agree Realty (ADC) as of Q1 2018, up from 200 in Q4 2017.
- Funds reported $1.49B of Agree Realty stock for Q1 2018, up 3.5% quarter-over-quarter.
- 39 funds opened new Agree Realty positions in Q1 2018 and 14 closed out, a net change of +25 holders.
- The largest Agree Realty buyer in Q1 2018 was Cohen & Steers, an estimated $30.1M added.
- The largest Agree Realty seller in Q1 2018 was Deutsche Bank, an estimated $38.7M sold.
Based on aggregated 13F filings for Q1 2018.