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Agree Realty

224 hedge funds and large institutions have $1.65B invested in Agree Realty in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 85 increasing their positions, 73 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 73

11% more capital invested

Capital invested by funds: $1.49B → $1.65B (+$159M)

1.97% more ownership

Funds ownership: 98.68%100.66% (+2%)

0% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 24

0% less funds holding

Funds holding: 225224 (-1)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
224
Holders Change
-1
Holders Change %
-0.44%
% of All Funds
5.13%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
24
Increased
85
Reduced
73
Closed
24
Calls
$554K
Puts
Net Calls
+$554K
Net Calls Change
-$3.26M
Name Holding Trade Value Shares
Change
Change in
Stake
TCIM
26
TIAA CREF Investment Management
New York
$11.6M -$52.1K -1,022 -0.5%
Goldman Sachs
27
Goldman Sachs
New York
$11M +$5.58M +109,618 +111%
JP Morgan Chase
28
JP Morgan Chase
New York
$9.77M -$2.43M -47,675 -20%
Ameriprise
29
Ameriprise
Minnesota
$9.27M +$425K +8,351 +5%
WRF
30
Waddell & Reed Financial
Kansas
$9.25M +$8.93M +175,300 New
Wells Fargo
31
Wells Fargo
California
$8.82M -$1.16M -22,722 -12%
Charles Schwab
32
Charles Schwab
California
$8.6M +$918K +18,017 +12%
Baird Financial Group
33
Baird Financial Group
Wisconsin
$7.93M +$28.4K +558 +0.4%
Legal & General Group
34
Legal & General Group
United Kingdom
$7.74M +$450K +8,831 +6%
Franklin Resources
35
Franklin Resources
California
$7.45M +$856K +16,805 +14%
PNC Financial Services Group
36
PNC Financial Services Group
Pennsylvania
$7.4M -$65.9K -1,293 -0.9%
KCM
37
Kennedy Capital Management
Missouri
$6.57M +$1.53M +30,118 +32%
WBC
38
Westpac Banking Corp
Australia
$6.48M +$650K +12,750 +12%
SEI Investments
39
SEI Investments
Pennsylvania
$6.14M +$4.67M +91,733 +374%
DCM
40
Driehaus Capital Management
Illinois
$5.87M -$71.1K -1,396 -1%
SAM
41
Silvercrest Asset Management
New York
$5.81M -$353K -6,924 -6%
Asset Management One
42
Asset Management One
Japan
$5.74M +$524K +10,277 +10%
NC
43
Northpointe Capital
Michigan
$5.57M -$193K -3,786 -3%
Two Sigma Investments
44
Two Sigma Investments
New York
$5.35M +$1.62M +31,785 +46%
RhumbLine Advisers
45
RhumbLine Advisers
Massachusetts
$5.31M +$153K +3,004 +3%
RCM
46
RVB Capital Management
New York
$4.62M -$1.15M -22,500 -20%
Morgan Stanley
47
Morgan Stanley
New York
$4.59M +$596K +11,699 +16%
Two Sigma Advisers
48
Two Sigma Advisers
New York
$4.23M +$958K +18,800 +31%
Millennium Management
49
Millennium Management
New York
$4.07M -$9.05M -177,711 -70%
New York State Teachers Retirement System (NYSTRS)
50
New York State Teachers Retirement System (NYSTRS)
New York
$4.03M -$79.5K -1,561 -2%

ADC Hedge Fund Activity: Q2 2018 in Review

224 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2018, worth a combined $1.65B — up 11% from $1.49B a quarter earlier.

Fund positioning in ADC was balanced in Q2 2018: 24 funds opened new positions, 24 closed out, 85 added to existing stakes and 73 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $27.9M. The largest seller was Weiss Multi-Strategy Advisers, exiting entirely with an estimated $18M sold.

  • 224 institutional investors held Agree Realty (ADC) as of Q2 2018, down from 225 in Q1 2018.
  • Funds reported $1.65B of Agree Realty stock for Q2 2018, up 11% quarter-over-quarter.
  • 24 funds opened new Agree Realty positions in Q2 2018 and 24 closed out, a net change of 0 holders.
  • The largest Agree Realty buyer in Q2 2018 was Deutsche Bank, an estimated $27.9M added.
  • The largest Agree Realty seller in Q2 2018 was Weiss Multi-Strategy Advisers, an estimated $18M sold.

Based on aggregated 13F filings for Q2 2018.