Agree Realty
320 hedge funds and large institutions have $4.83B invested in Agree Realty in 2021 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 123 increasing their positions, 99 reducing their positions, and 37 closing their positions.
32% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 37
24% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 99
14% more call options, than puts
Call options by funds: $2.29M | Put options by funds: $2.02M
3% more funds holding
Funds holding: 312 → 320 (+8)
9.07% less ownership
Funds ownership: 113.89% → 104.82% (-9.1%)
12% less capital invested
Capital invested by funds: $5.47B → $4.83B (-$632M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$28.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$25.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$21.1M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$20.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$266M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$62.9M |
| 3 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$44.5M |
| 4 |
ZP
Zimmer Partners
New York
|
-$36.4M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$22.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
351
Cutler Group
San Francisco,
California
| – | -$44K | -630 | Closed |
|
|
FWM
352
FFT Wealth Management
Philadelphia,
Pennsylvania
| – | -$28K | -400 | Closed |
|
353
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$17K | -248 | Closed |
|
|
EVM
354
Eaton Vance Management
Boston,
Massachusetts
| – | -$10.8K | -149 | -8% |
|
|
EWM
355
Evermay Wealth Management
Arlington,
Virginia
| – | -$4K | -50 | Closed |
|
|
OSAM
356
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1K | -14 | Closed |
|
357
Simplex Trading
Chicago,
Illinois
| – | -$146 | -2 | -13% |
|
ADC Hedge Fund Activity: Q3 2021 in Review
320 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2021, worth a combined $4.83B — down 12% from $5.47B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new ADC positions and 37 closed out — a net gain of 12 holders — while 123 added to existing stakes and 99 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $28.5M. The largest seller was Jefferies Group, exiting entirely with an estimated $266M sold.
- 320 institutional investors held Agree Realty (ADC) as of Q3 2021, up from 312 in Q2 2021.
- Funds reported $4.83B of Agree Realty stock for Q3 2021, down 12% quarter-over-quarter.
- 49 funds opened new Agree Realty positions in Q3 2021 and 37 closed out, a net change of +12 holders.
- The largest Agree Realty buyer in Q3 2021 was Frontier Capital Management, an estimated $28.5M added.
- The largest Agree Realty seller in Q3 2021 was Jefferies Group, an estimated $266M sold.
Based on aggregated 13F filings for Q3 2021.