Agree Realty
271 hedge funds and large institutions have $3.99B invested in Agree Realty in 2020 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 121 increasing their positions, 81 reducing their positions, and 43 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 81
21% more capital invested
Capital invested by funds: $3.31B → $3.99B (+$680M)
0% more call options, than puts
Call options by funds: $315K | Put options by funds: $315K
7% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 43
2% less funds holding
Funds holding: 276 → 271 (-5)
5.05% less ownership
Funds ownership: 117.77% → 112.72% (-5%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Cohen & Steers
New York
|
+$378M |
| 2 |
BlackRock
New York
|
+$118M |
| 3 |
State Street
Boston,
Massachusetts
|
+$58.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.2M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$25.6M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$147M |
| 2 |
Citigroup
New York
|
-$125M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$40.8M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$24.3M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$15.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
301
Quantbot Technologies
New York
| – | -$42K | -689 | Closed |
|
302
Pacer Advisors
Malvern,
Pennsylvania
| – | -$29K | -467 | Closed |
|
303
Simplex Trading
Chicago,
Illinois
| – | -$14K | -235 | Closed |
|
|
NFG
304
Next Financial Group
Houston,
Texas
| – | -$13K | -207 | Closed |
|
|
LC
305
Lindbrook Capital
Calabasas,
California
| – | -$12K | -192 | Closed |
|
|
WAP
306
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$11K | -178 | Closed |
|
|
GI
307
Gradient Investments
Arden Hills,
Minnesota
| – | -$7K | -120 | Closed |
|
|
PI
308
PineBridge Investments
New York
| – | -$7K | -110 | Closed |
|
309
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -34 | Closed |
|
|
ASN
310
Advisory Services Network
Atlanta,
Georgia
| – | -$2K | -33 | Closed |
|
|
FAM
311
Fred Alger Management
New York
| – | -$2K | -25 | Closed |
|
|
VCM
312
Versant Capital Management
Phoenix,
Arizona
| – | -$1K | -18 | Closed |
|
|
EI
313
Ellevest Inc
New York
| – | -$1K | -13 | Closed |
|
|
FGAM
314
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$163 | -3 | Closed |
|
ADC Hedge Fund Activity: Q2 2020 in Review
271 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2020, worth a combined $3.99B — up 21% from $3.31B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of ADC and 40 opened new positions — a net loss of 3 holders — while 81 trimmed existing stakes and 121 added.
The largest buyer was Cohen & Steers, adding an estimated $378M. The largest seller was Invesco, cutting an estimated $147M.
- 271 institutional investors held Agree Realty (ADC) as of Q2 2020, down from 276 in Q1 2020.
- Funds reported $3.99B of Agree Realty stock for Q2 2020, up 21% quarter-over-quarter.
- 40 funds opened new Agree Realty positions in Q2 2020 and 43 closed out, a net change of -3 holders.
- The largest Agree Realty buyer in Q2 2020 was Cohen & Steers, an estimated $378M added.
- The largest Agree Realty seller in Q2 2020 was Invesco, an estimated $147M sold.
Based on aggregated 13F filings for Q2 2020.