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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
First Trust Advisors
126
First Trust Advisors
Illinois
$3.97M +$2.83M +39,993 +315%
ACA
127
Aptus Capital Advisors
Alabama
$3.94M +$499K +7,056 +16%
EI
128
EAM Investors
California
$3.93M +$3.69M +52,188 New
Truist Financial
129
Truist Financial
North Carolina
$3.85M -$4.32K -61 -0.1%
MCM
130
Masterton Capital Management
New York
$3.79M -$12.5M -176,259 -78%
State of Tennessee, Department of Treasury
131
State of Tennessee, Department of Treasury
Tennessee
$3.68M -$128K -1,806 -4%
A
132
AlphaQuest
New York
$3.63M +$3.18M +44,979 +1,415%
AB
133
Amalgamated Bank
New York
$3.6M -$207K -2,924 -6%
JAM
134
Jupiter Asset Management
United Kingdom
$3.6M +$3.38M +47,789 New
CTI
135
Community Trust & Investment
Kentucky
$3.59M -$95.1K -1,344 -3%
Treasurer of the State of North Carolina
136
Treasurer of the State of North Carolina
North Carolina
$3.26M +$12.7K +180 +0.4%
VanEck Associates
137
VanEck Associates
New York
$3.23M +$325K +4,589 +12%
AM
138
AGF Management
Ontario, Canada
$3.2M +$231K +3,258 +8%
CBOR
139
Community Bank of Raymore
Missouri
$3.12M -$283K -4,000 -9%
BCP
140
Blue Chip Partners
Michigan
$3.11M -$13.1K -185 -0.4%
YCM
141
Yousif Capital Management
Michigan
$3.03M -$132K -1,859 -4%
FNBOO
142
First National Bank of Omaha
Nebraska
$2.99M -$39.3K -555 -1%
COPPSERS
143
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.97M -$23K -325 -0.8%
ETC
144
Exchange Traded Concepts
Oklahoma
$2.94M +$345K +4,871 +14%
GCA
145
GSI Capital Advisors
California
$2.93M +$2.76M +38,958 New
RAM
146
Resona Asset Management
Japan
$2.93M -$137K -1,937 -5%
State Board of Administration of Florida Retirement System
147
State Board of Administration of Florida Retirement System
Florida
$2.77M -$14.9K -210 -0.6%
Cerity Partners
148
Cerity Partners
New York
$2.74M +$531K +7,505 +26%
PS
149
Presima Securities
Quebec, Canada
$2.67M +$28.3K +400 +1%
Nisa Investment Advisors
150
Nisa Investment Advisors
Missouri
$2.63M -$360K -5,082 -13%

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.