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Agree Realty

408 hedge funds and large institutions have $6.46B invested in Agree Realty in 2024 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 160 increasing their positions, 138 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more funds holding in top 10

Funds holding in top 10: 38 (+5)

44% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 41

16% more repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 138

13% more capital invested

Capital invested by funds: $5.71B → $6.46B (+$748M)

4.21% more ownership

Funds ownership: 99.39%103.6% (+4.2%)

3% more funds holding

Funds holding: 395408 (+13)

23% less call options, than puts

Call options by funds: $8.52M | Put options by funds: $11.1M

Holders
408
Holders Change
+13
Holders Change %
+3.29%
% of All Funds
5.89%
Holding in Top 10
8
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+166.67%
% of All Funds
0.12%
New
59
Increased
160
Reduced
138
Closed
41
Calls
$8.52M
Puts
$11.1M
Net Calls
-$2.56M
Net Calls Change
+$8.97M
Name Holding Trade Value Shares
Change
Change in
Stake
DekaBank Deutsche Girozentrale
101
DekaBank Deutsche Girozentrale
Germany
$5.21M +$1.45M +24,603 +41%
IWA
102
IBEX Wealth Advisors
New Jersey
$5.12M +$2.5M +42,350 +105%
Wellington Management Group
103
Wellington Management Group
Massachusetts
$4.99M +$889K +15,047 +23%
Citigroup
104
Citigroup
New York
$4.79M -$1.25M -21,105 -21%
RJFSA
105
Raymond James Financial Services Advisors
Florida
$4.39M +$672K +11,367 +19%
HSBC Holdings
106
HSBC Holdings
United Kingdom
$4.31M +$599K +10,142 +17%
Mitsubishi UFJ Asset Management
107
Mitsubishi UFJ Asset Management
Japan
$4.06M +$247K +4,173 +7%
JF
108
Jump Financial
Illinois
$3.88M +$1.1M +18,552 +42%
Franklin Resources
109
Franklin Resources
California
$3.79M -$1M -16,962 -22%
Zurich Cantonal Bank
110
Zurich Cantonal Bank
Switzerland
$3.69M -$1.13M -19,173 -24%
SOADOR
111
State of Alaska Department of Revenue
Alaska
$3.63M +$36K +609 +1%
MOACM
112
Mutual of America Capital Management
New York
$3.56M -$135K -2,293 -4%
SEI Investments
113
SEI Investments
Pennsylvania
$3.52M +$1.32M +22,374 +65%
Creative Planning
114
Creative Planning
Kansas
$3.52M +$1.56M +26,398 +87%
Citadel Advisors
115
Citadel Advisors
Florida
$3.51M -$14.6M -246,930 -81%
MIM
116
MetLife Investment Management
New Jersey
$3.46M +$48.1K +814 +1%
Amundi
117
Amundi
France
$3.46M -$251K -4,243 -7%
T. Rowe Price Associates
118
T. Rowe Price Associates
Maryland
$3.4M +$108K +1,827 +3%
BFM
119
Boothbay Fund Management
New York
$3.17M -$280K -4,736 -8%
Truist Financial
120
Truist Financial
North Carolina
$3.17M -$428K -7,242 -12%
AB
121
Amalgamated Bank
New York
$3.14M -$240K -4,063 -7%
State of Tennessee, Department of Treasury
122
State of Tennessee, Department of Treasury
Tennessee
$3.14M +$1.81M +30,562 +152%
CTI
123
Community Trust & Investment
Kentucky
$3.04M +$2.9M +49,061 New
CBOR
124
Community Bank of Raymore
Missouri
$2.81M -$1.2M -20,290 -31%
ACA
125
Aptus Capital Advisors
Alabama
$2.8M +$531K +8,992 +25%

ADC Hedge Fund Activity: Q2 2024 in Review

408 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2024, worth a combined $6.46B — up 13% from $5.71B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new ADC positions and 41 closed out — a net gain of 18 holders — while 160 added to existing stakes and 138 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $211M. The largest seller was Principal Financial Group, cutting an estimated $63.9M.

  • 408 institutional investors held Agree Realty (ADC) as of Q2 2024, up from 395 in Q1 2024.
  • Funds reported $6.46B of Agree Realty stock for Q2 2024, up 13% quarter-over-quarter.
  • 59 funds opened new Agree Realty positions in Q2 2024 and 41 closed out, a net change of +18 holders.
  • The largest Agree Realty buyer in Q2 2024 was Cohen & Steers, an estimated $211M added.
  • The largest Agree Realty seller in Q2 2024 was Principal Financial Group, an estimated $63.9M sold.

Based on aggregated 13F filings for Q2 2024.