We are live on ! Find out more
ADC icon

Agree Realty
ADC

240 hedge funds and large institutions have $2.8B invested in Agree Realty in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 96 increasing their positions, 77 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 77

20% more capital invested

Capital invested by funds: $2.34B → $2.8B (+$465M)

2% less funds holding

Funds holding: 245 → 240 (-5)

7.34% less ownership

Funds ownership: 114.77% → 107.43% (-7.3%)

13% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 32

67% less funds holding in top 10

Funds holding in top 10: 3 → 1 (-2)

Holders
240
Holders Change
-5
Holders Change %
-2.04%
% of All Funds
5.19%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
28
Increased
96
Reduced
77
Closed
32
Calls
$266K
Puts
–
Net Calls
+$266K
Net Calls Change
+$264K

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$83.9M
2
Invesco
Invesco
Georgia
+$46.5M
3
State Street
State Street
Massachusetts
+$19.7M
4
BlackRock
BlackRock
New York
+$19.3M
5
Deutsche Bank
Deutsche Bank
Germany
+$6M

Top Sellers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
-$12.1M
2
MPAM
Monarch Partners Asset Management
Massachusetts
-$11.2M
3
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$9.39M
4
MWNA
Marshall Wace North America
New York
-$7.05M
5
HRES
Heitman Real Estate Securities
Illinois
-$7M
Name Holding Trade Value Shares
Change 		Change in
Stake
SOADOR
101
State of Alaska Department of Revenue
Alaska
$1.64M +$78.4K +1,212 +5%
Sumitomo Mitsui Trust Group
102
Sumitomo Mitsui Trust Group
Japan
$1.63M -$859K -13,276 -36%
Nomura Asset Management
103
Nomura Asset Management
Japan
$1.63M +$106K +1,640 +8%
EI
104
EAM Investors
California
$1.61M -$163K -2,526 -10%
US Bancorp
105
US Bancorp
Minnesota
$1.52M +$128K +1,976 +10%
QI
106
QS Investors
New York
$1.52M +$103K +1,585 +8%
Manulife (Manufacturers Life Insurance)
107
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.48M +$180K +2,788 +15%
SG Americas Securities
108
SG Americas Securities
New York
$1.46M +$619K +9,573 +84%
RJFSA
109
Raymond James Financial Services Advisors
Florida
$1.39M +$787K +12,158 +154%
T. Rowe Price Associates
110
T. Rowe Price Associates
Maryland
$1.38M +$5.82K +90 +0.5%
RA
111
RMR Advisors
Massachusetts
$1.34M – – –
WG
112
Winton Group
United Kingdom
$1.29M +$157K +2,434 +15%
JMPWA
113
JP Morgan Private Wealth Advisors
California
$1.29M +$3.49K +54 +0.3%
AQR Capital Management
114
AQR Capital Management
Connecticut
$1.27M +$678K +10,477 +134%
BA
115
Boston Advisors
Massachusetts
$1.24M +$1.16M +17,913 New
UBS Group
116
UBS Group
Switzerland
$1.19M -$461K -7,120 -29%
VOYA Investment Management
117
VOYA Investment Management
Georgia
$1.12M +$228K +3,528 +28%
AG
118
Advisor Group
Arizona
$1.11M +$138K +2,137 +15%
Commonwealth Equity Services
119
Commonwealth Equity Services
Massachusetts
$1.1M +$174K +2,685 +20%
Fifth Third Bancorp
120
Fifth Third Bancorp
Ohio
$1.09M -$564K -8,714 -36%
Royal Bank of Canada
121
Royal Bank of Canada
Ontario, Canada
$1.07M +$582 +9 +0.1%
Public Employees Retirement Association of Colorado
122
Public Employees Retirement Association of Colorado
Colorado
$1.07M – – –
State Board of Administration of Florida Retirement System
123
State Board of Administration of Florida Retirement System
Florida
$1.06M -$210K -3,240 -17%
MIM
124
MetLife Investment Management
New Jersey
$1.02M – – –
FNBOO
125
First National Bank of Omaha
Nebraska
$1.01M -$4.53K -70 -0.5%
3 4
5
6 7

ADC Hedge Fund Activity: Q1 2019 in Review

240 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q1 2019, worth a combined $2.8B — up 20% from $2.34B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of ADC and 28 opened new positions — a net loss of 4 holders — while 77 trimmed existing stakes and 96 added.

The largest buyer was Vanguard Group, adding an estimated $83.9M. The largest seller was JP Morgan Chase, cutting an estimated $12.1M.

  • 240 institutional investors held Agree Realty (ADC) as of Q1 2019, down from 245 in Q4 2018.
  • Funds reported $2.8B of Agree Realty stock for Q1 2019, up 20% quarter-over-quarter.
  • 28 funds opened new Agree Realty positions in Q1 2019 and 32 closed out, a net change of -4 holders.
  • The largest Agree Realty buyer in Q1 2019 was Vanguard Group, an estimated $83.9M added.
  • The largest Agree Realty seller in Q1 2019 was JP Morgan Chase, an estimated $12.1M sold.

Based on aggregated 13F filings for Q1 2019.