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Agree Realty

372 hedge funds and large institutions have $5.27B invested in Agree Realty in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 154 increasing their positions, 117 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

32% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 117

2% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 44

1% less funds holding

Funds holding: 374372 (-2)

2.97% less ownership

Funds ownership: 102.05%99.08% (-3%)

15% less capital invested

Capital invested by funds: $6.23B → $5.27B (-$956M)

61% less call options, than puts

Call options by funds: $2.73M | Put options by funds: $7.02M

Holders
372
Holders Change
-2
Holders Change %
-0.53%
% of All Funds
5.9%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
45
Increased
154
Reduced
117
Closed
44
Calls
$2.73M
Puts
$7.02M
Net Calls
-$4.29M
Net Calls Change
-$5.57M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$19M +$2.22M +35,528 +12%
Verition Fund Management
52
Verition Fund Management
Connecticut
$18.6M +$9.79M +156,577 +87%
HS
53
Hazelview Securities
Ontario, Canada
$18M -$509K -8,140 -2%
SO
54
STRS Ohio
Ohio
$17.8M +$760K +12,160 +4%
Millennium Management
55
Millennium Management
New York
$16.6M -$45.2M -723,181 -71%
Two Sigma Investments
56
Two Sigma Investments
New York
$16.4M -$16.5M -263,576 -47%
Two Sigma Advisers
57
Two Sigma Advisers
New York
$16.2M -$11.8M -188,300 -39%
CVA
58
Ceredex Value Advisors
Florida
$15.8M +$3.14M +50,250 +21%
Bank of America
59
Bank of America
North Carolina
$15.2M +$787K +12,587 +5%
RJA
60
Raymond James & Associates
Florida
$15.1M +$515K +8,236 +3%
Ameriprise
61
Ameriprise
Minnesota
$13.7M +$897K +14,355 +6%
SSA
62
Schonfeld Strategic Advisors
New York
$13.7M +$12.4M +198,266 +394%
Envestnet Asset Management
63
Envestnet Asset Management
Illinois
$12.8M +$5.39M +86,181 +59%
Citadel Advisors
64
Citadel Advisors
Florida
$12.6M -$45.1M -721,441 -76%
D.E. Shaw & Co
65
D.E. Shaw & Co
New York
$12.4M -$17M -272,219 -55%
UIC
66
Uniplan Investment Counsel
Wisconsin
$11.7M +$298K +4,766 +2%
Lazard Asset Management
67
Lazard Asset Management
New York
$11.6M +$9.58M +153,305 +266%
Swiss National Bank
68
Swiss National Bank
Switzerland
$11.3M +$525K +8,400 +4%
UOC
69
UBS O'Connor
Illinois
$11M +$1.64M +26,278 +15%
Asset Management One
70
Asset Management One
Japan
$10.9M -$1.07M -17,113 -8%
TCM
71
Tributary Capital Management
Nebraska
$10.5M +$2.63M +42,089 +29%
VOYA Investment Management
72
VOYA Investment Management
Georgia
$10.4M +$10.7M +171,437 +1,013%
Susquehanna International Group
73
Susquehanna International Group
Pennsylvania
$10.1M +$86.7K +1,387 +0.8%
New York State Common Retirement Fund
74
New York State Common Retirement Fund
New York
$10.1M -$844K -13,506 -7%
Ohio Public Employees Retirement System (OPERS)
75
Ohio Public Employees Retirement System (OPERS)
Ohio
$9.71M +$719K +11,508 +7%

ADC Hedge Fund Activity: Q3 2023 in Review

372 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2023, worth a combined $5.27B — down 15% from $6.23B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new ADC positions and 44 closed out — a net gain of 1 holder — while 154 added to existing stakes and 117 trimmed.

The largest buyer was Macquarie Group, adding an estimated $59.3M. The largest seller was Wellington Management Group, exiting entirely with an estimated $89.7M sold.

  • 372 institutional investors held Agree Realty (ADC) as of Q3 2023, down from 374 in Q2 2023.
  • Funds reported $5.27B of Agree Realty stock for Q3 2023, down 15% quarter-over-quarter.
  • 45 funds opened new Agree Realty positions in Q3 2023 and 44 closed out, a net change of +1 holder.
  • The largest Agree Realty buyer in Q3 2023 was Macquarie Group, an estimated $59.3M added.
  • The largest Agree Realty seller in Q3 2023 was Wellington Management Group, an estimated $89.7M sold.

Based on aggregated 13F filings for Q3 2023.