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Agree Realty

408 hedge funds and large institutions have $6.46B invested in Agree Realty in 2024 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 160 increasing their positions, 138 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more funds holding in top 10

Funds holding in top 10: 38 (+5)

44% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 41

16% more repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 138

13% more capital invested

Capital invested by funds: $5.71B → $6.46B (+$748M)

4.21% more ownership

Funds ownership: 99.39%103.6% (+4.2%)

3% more funds holding

Funds holding: 395408 (+13)

23% less call options, than puts

Call options by funds: $8.52M | Put options by funds: $11.1M

Holders
408
Holders Change
+13
Holders Change %
+3.29%
% of All Funds
5.89%
Holding in Top 10
8
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+166.67%
% of All Funds
0.12%
New
59
Increased
160
Reduced
138
Closed
41
Calls
$8.52M
Puts
$11.1M
Net Calls
-$2.56M
Net Calls Change
+$8.97M
Name Holding Trade Value Shares
Change
Change in
Stake
SI
26
Scout Investments
Missouri
$56.4M -$3.45M -58,420 -6%
Russell Investments Group
27
Russell Investments Group
United Kingdom
$54.4M +$3.79M +64,186 +8%
Northern Trust
28
Northern Trust
Illinois
$51.4M +$4.5M +76,110 +10%
Allspring Global Investments
29
Allspring Global Investments
North Carolina
$50.7M -$712K -12,043 -1%
CI
30
Cincinnati Insurance
Ohio
$48.9M
Sumitomo Mitsui Trust Group
31
Sumitomo Mitsui Trust Group
Japan
$47.8M -$6.82M -115,495 -13%
Legal & General Group
32
Legal & General Group
United Kingdom
$46.7M -$6.1M -103,207 -12%
FCM
33
Frontier Capital Management
Massachusetts
$43.8M +$2.72K +46 +0%
American Century Companies
34
American Century Companies
Missouri
$42.3M +$18.4M +311,979 +84%
DRZID
35
DePrince Race & Zollo Inc (DRZ)
Florida
$42.2M -$20.9M -354,406 -34%
GA
36
GRS Advisors
Illinois
$37.7M +$36M +608,407 New
Bank of America
37
Bank of America
North Carolina
$36M +$3.44M +58,291 +11%
CIMLRA
38
CBRE Investment Management Listed Real Assets
Pennsylvania
$35.3M +$19.6M +330,974 +138%
HRES
39
Heitman Real Estate Securities
Illinois
$35.2M -$15M -254,055 -31%
Two Sigma Investments
40
Two Sigma Investments
New York
$32.4M -$8.14M -137,837 -21%
T. Rowe Price Investment Management
41
T. Rowe Price Investment Management
Maryland
$32M +$111K +1,883 +0.4%
LI
42
Leeward Investments
Massachusetts
$30.3M +$28.9M +489,277 New
William Blair Investment Management
43
William Blair Investment Management
Illinois
$28.6M +$166K +2,811 +0.6%
AQR Capital Management
44
AQR Capital Management
Connecticut
$28.5M +$11M +186,285 +67%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$27.9M -$5.36M -90,634 -17%
SO
46
STRS Ohio
Ohio
$26.6M +$5.41M +91,634 +27%
LIP
47
Lighthouse Investment Partners
Florida
$25.1M +$23.9M +405,000 New
Wells Fargo
48
Wells Fargo
California
$24.3M -$1.85M -31,244 -7%
BC
49
Brookfield Corp
Ontario, Canada
$23M +$2.5M +42,333 +13%
Two Sigma Advisers
50
Two Sigma Advisers
New York
$23M -$6.64M -112,300 -23%

ADC Hedge Fund Activity: Q2 2024 in Review

408 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2024, worth a combined $6.46B — up 13% from $5.71B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new ADC positions and 41 closed out — a net gain of 18 holders — while 160 added to existing stakes and 138 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $211M. The largest seller was Principal Financial Group, cutting an estimated $63.9M.

  • 408 institutional investors held Agree Realty (ADC) as of Q2 2024, up from 395 in Q1 2024.
  • Funds reported $6.46B of Agree Realty stock for Q2 2024, up 13% quarter-over-quarter.
  • 59 funds opened new Agree Realty positions in Q2 2024 and 41 closed out, a net change of +18 holders.
  • The largest Agree Realty buyer in Q2 2024 was Cohen & Steers, an estimated $211M added.
  • The largest Agree Realty seller in Q2 2024 was Principal Financial Group, an estimated $63.9M sold.

Based on aggregated 13F filings for Q2 2024.