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Agree Realty

374 hedge funds and large institutions have $6.23B invested in Agree Realty in 2023 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 134 increasing their positions, 133 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

73% more call options, than puts

Call options by funds: $3.05M | Put options by funds: $1.76M

40% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 40

4% more funds holding

Funds holding: 360374 (+14)

1% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 133

6.19% less ownership

Funds ownership: 108.24%102.05% (-6.2%)

7% less capital invested

Capital invested by funds: $6.7B → $6.23B (-$478M)

Holders
374
Holders Change
+14
Holders Change %
+3.89%
% of All Funds
5.87%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
56
Increased
134
Reduced
133
Closed
40
Calls
$3.05M
Puts
$1.76M
Net Calls
+$1.28M
Net Calls Change
+$315K
Name Holding Trade Value Shares
Change
Change in
Stake
URS
276
Utah Retirement Systems
Utah
$314K +$318K +4,800 New
QT
277
Quantamental Technologies
New York
$308K -$331K -5,000 -51%
CCP
278
Clarkston Capital Partners
Michigan
$307K
EGM
279
Engineers Gate Manager
New York
$303K +$307K +4,634 New
Fifth Third Bancorp
280
Fifth Third Bancorp
Ohio
$298K -$55K -831 -15%
NGA
281
Naples Global Advisors
Florida
$297K -$66.2K -1,000 -18%
AGM
282
Alpine Global Management
New York
$287K +$290K +4,382 New
NB
283
Norinchukin Bank
Japan
$285K +$9.33K +141 +3%
PRC
284
Pearl River Capital
Michigan
$285K -$293K -4,422 -50%
SCM
285
Shelton Capital Management
Colorado
$285K -$7.94K -120 -3%
DC
286
Diametric Capital
Massachusetts
$273K +$276K +4,177 New
NSEDCP
287
NJ State Employees Deferred Compensation Plan
New Jersey
$262K
DFCM
288
Dark Forest Capital Management
Puerto Rico
$258K +$261K +3,946 New
API
289
Advisor Partners II
California
$255K -$96.9K -1,464 -27%
TD Asset Management
290
TD Asset Management
Ontario, Canada
$255K -$4.81M -72,700 -95%
B
291
Bailard
California
$254K -$79.4K -1,200 -24%
WC
292
Wexford Capital
Florida
$250K -$65.4K -988 -21%
RFC
293
Regions Financial Corp
Alabama
$248K -$347K -5,248 -58%
ST
294
Somerset Trust
Pennsylvania
$238K -$1.26K -19 -0.5%
NW
295
NewEdge Wealth
Pennsylvania
$220K -$1.06K -16 -0.5%
VAS
296
Vestmark Advisory Solutions
Massachusetts
$220K -$1.06K -16 -0.5%
VEA
297
Virtus ETF Advisers
New York
$218K -$52.5K -793 -19%
DA
298
Dillon & Associates
Michigan
$210K +$214K +3,235 New
DTL
299
Dynamic Technology Lab
Singapore
$208K +$210K +3,180 New
SIC
300
Samalin Investment Counsel
New York
$203K +$205K +3,104 New

ADC Hedge Fund Activity: Q2 2023 in Review

374 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2023, worth a combined $6.23B — down 7.1% from $6.7B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new ADC positions and 40 closed out — a net gain of 16 holders — while 134 added to existing stakes and 133 trimmed.

The largest buyer was Millennium Management, adding an estimated $39.5M. The largest seller was BlackRock, cutting an estimated $144M.

  • 374 institutional investors held Agree Realty (ADC) as of Q2 2023, up from 360 in Q1 2023.
  • Funds reported $6.23B of Agree Realty stock for Q2 2023, down 7.1% quarter-over-quarter.
  • 56 funds opened new Agree Realty positions in Q2 2023 and 40 closed out, a net change of +16 holders.
  • The largest Agree Realty buyer in Q2 2023 was Millennium Management, an estimated $39.5M added.
  • The largest Agree Realty seller in Q2 2023 was BlackRock, an estimated $144M sold.

Based on aggregated 13F filings for Q2 2023.