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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
Public Sector Pension Investment Board (PSP Investments)
51
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$7.8M +$1.52M +21,776 +26%
PPA
52
Parametric Portfolio Associates
Washington
$7.63M +$382K +5,477 +6%
New York State Teachers Retirement System (NYSTRS)
53
New York State Teachers Retirement System (NYSTRS)
New York
$6.39M +$510K +7,307 +9%
ERSOT
54
Employees Retirement System of Texas
Texas
$6.17M +$584K +8,361 +11%
CS
55
Credit Suisse
Switzerland
$6.11M +$344K +4,924 +6%
California Public Employees Retirement System
56
California Public Employees Retirement System
California
$6.04M +$2.39M +34,161 +71%
TIAAOA
57
Teachers Insurance & Annuity Association of America
New York
$5.65M -$34.6K -496 -0.6%
PNC Financial Services Group
58
PNC Financial Services Group
Pennsylvania
$5.53M -$1.5M -21,444 -22%
Citigroup
59
Citigroup
New York
$5.42M -$444K -6,352 -8%
SAM
60
Silvercrest Asset Management
New York
$5.39M -$1.62M -23,178 -24%
AAMU
61
Amundi Asset Management US
Massachusetts
$5.37M +$200K +2,866 +4%
Swiss National Bank
62
Swiss National Bank
Switzerland
$5.29M +$182K +2,600 +4%
SEI Investments
63
SEI Investments
Pennsylvania
$5.26M -$2.38M -34,023 -32%
WBC
64
Westpac Banking Corp
Australia
$5.06M -$237K -3,400 -5%
Prudential Financial
65
Prudential Financial
New Jersey
$4.89M +$312K +4,467 +7%
HNB
66
Huntington National Bank
Ohio
$4.82M -$140K -2,000 -3%
RJA
67
Raymond James & Associates
Florida
$4.77M -$57.5K -823 -1%
California State Teachers Retirement System (CalSTRS)
68
California State Teachers Retirement System (CalSTRS)
California
$4.68M +$421K +6,033 +10%
Envestnet Asset Management
69
Envestnet Asset Management
Illinois
$4.61M -$206K -2,943 -4%
Canada Life
70
Canada Life
Manitoba, Canada
$4.48M +$91.3K +1,308 +2%
Sumitomo Mitsui Trust Group
71
Sumitomo Mitsui Trust Group
Japan
$4.07M +$826K +11,824 +27%
Barclays
72
Barclays
United Kingdom
$4M -$60.8K -870 -2%
VRS
73
Virginia Retirement Systems
Virginia
$3.65M -$636K -9,100 -15%
ASRS
74
Arizona State Retirement System
Arizona
$3.6M -$725K -10,382 -17%
PSUF
75
People's United Financial
Connecticut
$3.47M -$140 -2 -0%

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.