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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
BNP Paribas Financial Markets
101
BNP Paribas Financial Markets
France
$7.81M +$4.61M +65,127 +169%
Millennium Management
102
Millennium Management
New York
$7.76M -$6.92M -97,795 -49%
Jane Street
103
Jane Street
New York
$7.61M +$6.38M +90,143 +833%
QT
104
Quantbot Technologies
New York
$7.26M +$3.91M +55,217 +134%
California State Teachers Retirement System (CalSTRS)
105
California State Teachers Retirement System (CalSTRS)
California
$7.17M -$220K -3,107 -3%
BAMCO Inc
106
BAMCO Inc
New York
$7.16M +$6.73M +95,040 New
Manulife (Manufacturers Life Insurance)
107
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7.01M -$749K -10,577 -10%
MNA
108
Manning & Napier Advisors
New York
$6.95M -$225K -3,177 -3%
Lazard Asset Management
109
Lazard Asset Management
New York
$6.19M -$2.18M -30,733 -27%
Wellington Management Group
110
Wellington Management Group
Massachusetts
$5.82M -$238K -3,363 -4%
RJFSA
111
Raymond James Financial Services Advisors
Florida
$5.52M +$168K +2,378 +3%
LMGAM
112
Liberty Mutual Group Asset Management
Massachusetts
$5.49M -$986K -13,934 -16%
OCBCO
113
Oversea-Chinese Banking Corp (OCBC)
Singapore
$5.11M +$2.05M +28,902 +74%
Franklin Resources
114
Franklin Resources
California
$4.92M +$357K +5,039 +8%
Mitsubishi UFJ Asset Management
115
Mitsubishi UFJ Asset Management
Japan
$4.85M -$83.7K -1,183 -2%
HSBC Holdings
116
HSBC Holdings
United Kingdom
$4.83M -$390K -5,506 -8%
DekaBank Deutsche Girozentrale
117
DekaBank Deutsche Girozentrale
Germany
$4.7M -$1.46M -20,644 -25%
Creative Planning
118
Creative Planning
Kansas
$4.62M +$315K +4,448 +8%
SOADOR
119
State of Alaska Department of Revenue
Alaska
$4.44M +$15.9K +224 +0.4%
Zurich Cantonal Bank
120
Zurich Cantonal Bank
Switzerland
$4.29M -$182K -2,565 -4%
Verition Fund Management
121
Verition Fund Management
Connecticut
$4.28M -$6.45M -91,136 -62%
JF
122
Jump Financial
Illinois
$4.23M -$455K -6,427 -10%
MIM
123
MetLife Investment Management
New Jersey
$4.14M -$70.3K -993 -2%
MOACM
124
Mutual of America Capital Management
New York
$4.09M -$228K -3,221 -6%
Amundi
125
Amundi
France
$4.06M -$66.7K -942 -2%

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.