Agree Realty
301 hedge funds and large institutions have $4.58B invested in Agree Realty in 2021 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 137 increasing their positions, 83 reducing their positions, and 29 closing their positions.
115% more call options, than puts
Call options by funds: $17M | Put options by funds: $7.92M
76% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 29
65% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 83
7% more capital invested
Capital invested by funds: $4.27B → $4.58B (+$306M)
7% more funds holding
Funds holding: 282 → 301 (+19)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8.84% less ownership
Funds ownership: 115.88% → 107.04% (-8.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$165M |
| 2 |
BlackRock
New York
|
+$120M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$78.3M |
| 4 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$61.4M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$223M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$44.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$37.9M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$22.5M |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$22.2M |
ADC Hedge Fund Activity: Q1 2021 in Review
301 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q1 2021, worth a combined $4.58B — up 7.2% from $4.27B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new ADC positions and 29 closed out — a net gain of 22 holders — while 137 added to existing stakes and 83 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $165M. The largest seller was Cohen & Steers, cutting an estimated $223M.
- 301 institutional investors held Agree Realty (ADC) as of Q1 2021, up from 282 in Q4 2020.
- Funds reported $4.58B of Agree Realty stock for Q1 2021, up 7.2% quarter-over-quarter.
- 51 funds opened new Agree Realty positions in Q1 2021 and 29 closed out, a net change of +22 holders.
- The largest Agree Realty buyer in Q1 2021 was Principal Financial Group, an estimated $165M added.
- The largest Agree Realty seller in Q1 2021 was Cohen & Steers, an estimated $223M sold.
Based on aggregated 13F filings for Q1 2021.