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Agree Realty

431 hedge funds and large institutions have $8.37B invested in Agree Realty in 2024 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 164 increasing their positions, 157 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 32

68% more call options, than puts

Call options by funds: $8.63M | Put options by funds: $5.13M

30% more capital invested

Capital invested by funds: $6.46B → $8.37B (+$1.92B)

7.26% more ownership

Funds ownership: 103.6%110.85% (+7.3%)

6% more funds holding

Funds holding: 408431 (+23)

4% more repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 157

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
431
Holders Change
+23
Holders Change %
+5.64%
% of All Funds
6.19%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
60
Increased
164
Reduced
157
Closed
32
Calls
$8.63M
Puts
$5.13M
Net Calls
+$3.5M
Net Calls Change
+$6.06M
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
51
Raymond James & Associates
Florida
$27M -$177K -2,507 -0.7%
New York State Common Retirement Fund
52
New York State Common Retirement Fund
New York
$26.6M +$1.96M +27,682 +9%
Citigroup
53
Citigroup
New York
$26.2M +$19.1M +270,093 +349%
Wells Fargo
54
Wells Fargo
California
$26M -$3.34M -47,252 -12%
Sumitomo Mitsui Trust Group
55
Sumitomo Mitsui Trust Group
Japan
$25.6M -$30.5M -430,834 -56%
FWIA
56
Fort Washington Investment Advisors
Ohio
$24.9M -$107K -1,510 -0.5%
Loomis, Sayles & Company
57
Loomis, Sayles & Company
Massachusetts
$24M -$303K -4,283 -1%
TCM
58
Tributary Capital Management
Nebraska
$23.7M -$101K -1,420 -0.4%
SFM
59
Systematic Financial Management
New Jersey
$23.6M +$1.9M +26,876 +9%
RhumbLine Advisers
60
RhumbLine Advisers
Massachusetts
$23.4M -$1.99M -28,161 -8%
State of New Jersey Common Pension Fund D
61
State of New Jersey Common Pension Fund D
New Jersey
$22.5M -$304K -4,291 -1%
Envestnet Asset Management
62
Envestnet Asset Management
Illinois
$21.9M +$1.76M +24,831 +9%
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$21.6M +$2.48M +34,982 +14%
WCP
64
Waterfront Capital Partners
New York
$21.3M +$20M +283,095 New
Goldman Sachs
65
Goldman Sachs
New York
$21.3M +$63.1K +891 +0.3%
Tudor Investment Corp
66
Tudor Investment Corp
Connecticut
$19.9M +$18.7M +264,647 New
Barclays
67
Barclays
United Kingdom
$18.1M +$9.57M +135,274 +129%
SEI Investments
68
SEI Investments
Pennsylvania
$17.9M +$12.8M +180,572 +318%
D.E. Shaw & Co
69
D.E. Shaw & Co
New York
$17.4M +$13.6M +191,985 +486%
SO
70
STRS Ohio
Ohio
$17.4M -$14.1M -199,086 -46%
Marshall Wace
71
Marshall Wace
United Kingdom
$15.2M -$11M -155,338 -44%
Asset Management One
72
Asset Management One
Japan
$15.1M -$1.15M -16,193 -7%
LIP
73
Lighthouse Investment Partners
Florida
$15.1M -$14.5M -205,000 -51%
Swiss National Bank
74
Swiss National Bank
Switzerland
$14.8M -$106K -1,500 -0.8%
Canada Life
75
Canada Life
Manitoba, Canada
$14.4M -$657K -9,285 -5%

ADC Hedge Fund Activity: Q3 2024 in Review

431 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2024, worth a combined $8.37B — up 30% from $6.46B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new ADC positions and 32 closed out — a net gain of 28 holders — while 164 added to existing stakes and 157 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $150M. The largest seller was PGGM Investments, cutting an estimated $68.6M.

  • 431 institutional investors held Agree Realty (ADC) as of Q3 2024, up from 408 in Q2 2024.
  • Funds reported $8.37B of Agree Realty stock for Q3 2024, up 30% quarter-over-quarter.
  • 60 funds opened new Agree Realty positions in Q3 2024 and 32 closed out, a net change of +28 holders.
  • The largest Agree Realty buyer in Q3 2024 was Cohen & Steers, an estimated $150M added.
  • The largest Agree Realty seller in Q3 2024 was PGGM Investments, an estimated $68.6M sold.

Based on aggregated 13F filings for Q3 2024.