Agree Realty
247 hedge funds and large institutions have $3.19B invested in Agree Realty in 2019 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 105 increasing their positions, 69 reducing their positions, and 31 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 69
16% more capital invested
Capital invested by funds: $2.74B → $3.19B (+$445M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 249 → 247 (-2)
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
7.45% less ownership
Funds ownership: 111.25% → 103.8% (-7.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$38.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.8M |
| 3 |
Cohen & Steers
New York
|
+$18.4M |
| 4 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$15.7M |
| 5 |
State Street
Boston,
Massachusetts
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$26.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.4M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
-$12.3M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$9.44M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
276
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$1K | -15 | Closed |
|
277
AssetMark Inc
Concord,
California
| – | +$349 | +5 | New |
|
ADC Hedge Fund Activity: Q3 2019 in Review
247 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2019, worth a combined $3.19B — up 16% from $2.74B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ADC and 30 opened new positions — a net loss of 1 holder — while 69 trimmed existing stakes and 105 added.
The largest buyer was BlackRock, adding an estimated $38.7M. The largest seller was Nuveen, cutting an estimated $26.4M.
- 247 institutional investors held Agree Realty (ADC) as of Q3 2019, down from 249 in Q2 2019.
- Funds reported $3.19B of Agree Realty stock for Q3 2019, up 16% quarter-over-quarter.
- 30 funds opened new Agree Realty positions in Q3 2019 and 31 closed out, a net change of -1 holder.
- The largest Agree Realty buyer in Q3 2019 was BlackRock, an estimated $38.7M added.
- The largest Agree Realty seller in Q3 2019 was Nuveen, an estimated $26.4M sold.
Based on aggregated 13F filings for Q3 2019.