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Agree Realty

374 hedge funds and large institutions have $6.23B invested in Agree Realty in 2023 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 134 increasing their positions, 133 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

73% more call options, than puts

Call options by funds: $3.05M | Put options by funds: $1.76M

40% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 40

4% more funds holding

Funds holding: 360374 (+14)

1% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 133

6.19% less ownership

Funds ownership: 108.24%102.05% (-6.2%)

7% less capital invested

Capital invested by funds: $6.7B → $6.23B (-$478M)

Holders
374
Holders Change
+14
Holders Change %
+3.89%
% of All Funds
5.87%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
56
Increased
134
Reduced
133
Closed
40
Calls
$3.05M
Puts
$1.76M
Net Calls
+$1.28M
Net Calls Change
+$315K
Name Holding Trade Value Shares
Change
Change in
Stake
Mitsubishi UFJ Trust & Banking
101
Mitsubishi UFJ Trust & Banking
Japan
$6.6M -$219K -3,309 -3%
BCM
102
Bridgeway Capital Management
Texas
$6.4M
Royal Bank of Canada
103
Royal Bank of Canada
Ontario, Canada
$5.91M +$341K +5,159 +6%
VRS
104
Virginia Retirement Systems
Virginia
$5.77M +$682K +10,300 +13%
CBOR
105
Community Bank of Raymore
Missouri
$5.47M -$740K -11,190 -12%
TPSF
106
Texas Permanent School Fund
Texas
$5.37M +$174K +2,627 +3%
Barclays
107
Barclays
United Kingdom
$5.29M -$1.36M -20,576 -20%
DekaBank Deutsche Girozentrale
108
DekaBank Deutsche Girozentrale
Germany
$5.25M +$599K +9,051 +13%
QT
109
Quantbot Technologies
New York
$5.25M +$1.34M +20,254 +34%
Adage Capital Partners
110
Adage Capital Partners
Massachusetts
$5.23M -$7.94M -120,000 -60%
CC
111
Centiva Capital
New York
$5.15M +$5.22M +78,810 New
Manulife (Manufacturers Life Insurance)
112
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.61M -$1.95M -29,530 -30%
Amundi
113
Amundi
France
$4.5M -$1.38M -20,811 -23%
MOACM
114
Mutual of America Capital Management
New York
$4.44M -$225K -3,401 -5%
Citigroup
115
Citigroup
New York
$4.33M -$161K -2,431 -4%
HSBC Holdings
116
HSBC Holdings
United Kingdom
$4.31M -$1.84M -27,824 -30%
BA
117
Bridgewater Associates
Connecticut
$4.23M -$18.4M -277,559 -81%
GLA
118
Great Lakes Advisors
Illinois
$3.98M -$15.8M -238,577 -80%
Victory Capital Management
119
Victory Capital Management
Texas
$3.93M +$197K +2,973 +5%
AB
120
Amalgamated Bank
New York
$3.93M +$272K +4,106 +7%
Natixis Advisors
121
Natixis Advisors
Massachusetts
$3.88M +$36.4K +550 +0.9%
Zurich Cantonal Bank
122
Zurich Cantonal Bank
Switzerland
$3.82M +$1.51M +22,757 +64%
Truist Financial
123
Truist Financial
North Carolina
$3.81M -$2.78K -42 -0.1%
Lazard Asset Management
124
Lazard Asset Management
New York
$3.76M +$3.81M +57,571 New
Allianz Asset Management
125
Allianz Asset Management
Germany
$3.66M

ADC Hedge Fund Activity: Q2 2023 in Review

374 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2023, worth a combined $6.23B — down 7.1% from $6.7B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new ADC positions and 40 closed out — a net gain of 16 holders — while 134 added to existing stakes and 133 trimmed.

The largest buyer was Millennium Management, adding an estimated $39.5M. The largest seller was BlackRock, cutting an estimated $144M.

  • 374 institutional investors held Agree Realty (ADC) as of Q2 2023, up from 360 in Q1 2023.
  • Funds reported $6.23B of Agree Realty stock for Q2 2023, down 7.1% quarter-over-quarter.
  • 56 funds opened new Agree Realty positions in Q2 2023 and 40 closed out, a net change of +16 holders.
  • The largest Agree Realty buyer in Q2 2023 was Millennium Management, an estimated $39.5M added.
  • The largest Agree Realty seller in Q2 2023 was BlackRock, an estimated $144M sold.

Based on aggregated 13F filings for Q2 2023.