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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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

1% less funds holding

Funds holding: 249247 (-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%)

Holders
247
Holders Change
-2
Holders Change %
-0.8%
% of All Funds
5.42%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
30
Increased
105
Reduced
69
Closed
31
Calls
$234K
Puts
Net Calls
+$234K
Net Calls Change
-$694K
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
26
AllianceBernstein
Tennessee
$18.9M -$3.5M -50,049 -16%
Charles Schwab
27
Charles Schwab
California
$18.3M +$1.96M +28,014 +13%
Ameriprise
28
Ameriprise
Minnesota
$17.8M +$1.95M +27,857 +13%
Fidelity Investments
29
Fidelity Investments
Massachusetts
$17.7M -$7.84M -112,273 -32%
Wells Fargo
30
Wells Fargo
California
$17.3M -$631K -9,030 -4%
TCM
31
Tributary Capital Management
Nebraska
$17.1M -$593K -8,497 -4%
EAM
32
Eagle Asset Management
Florida
$16.7M -$473K -6,767 -3%
CRCP
33
Copper Rock Capital Partners
Massachusetts
$16.3M +$15.7M +224,383 New
SAM
34
Securian Asset Management
Minnesota
$15.5M -$293K -4,200 -2%
Bank of America
35
Bank of America
North Carolina
$13.6M +$6.99M +100,160 +116%
JP Morgan Chase
36
JP Morgan Chase
New York
$12.2M +$2.49M +35,719 +27%
CIM
37
Centersquare Investment Management
Pennsylvania
$11.7M +$2.82M +40,358 +34%
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$11.7M +$1.16M +16,573 +12%
William Blair Investment Management
39
William Blair Investment Management
Illinois
$11.5M -$721K -10,328 -6%
Goldman Sachs
40
Goldman Sachs
New York
$11.3M +$2.57M +36,867 +31%
WRF
41
Waddell & Reed Financial
Kansas
$11.2M -$2.78M -39,766 -21%
Morgan Stanley
42
Morgan Stanley
New York
$11M -$2.29M -32,733 -18%
D.E. Shaw & Co
43
D.E. Shaw & Co
New York
$10.8M +$8.93M +127,940 +662%
UBS AM
44
UBS AM
Illinois
$10.5M +$2.41M +34,458 +32%
Asset Management One
45
Asset Management One
Japan
$9.7M -$104K -1,493 -1%
KCM
46
Kennedy Capital Management
Missouri
$8.9M -$355K -5,088 -4%
Baird Financial Group
47
Baird Financial Group
Wisconsin
$8.82M -$734K -10,506 -8%
JAM
48
JLP Asset Management
New York
$8.74M +$1.34M +19,130 +19%
Loomis, Sayles & Company
49
Loomis, Sayles & Company
Massachusetts
$8.6M +$8.21M +117,521 New
SO
50
STRS Ohio
Ohio
$8.47M +$4.18M +59,843 +107%

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.