Agree Realty
147 hedge funds and large institutions have $292M invested in Agree Realty in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 68 increasing their positions, 33 reducing their positions, and 5 closing their positions.
480% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 5
106% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 33
97% more call options, than puts
Call options by funds: $258K | Put options by funds: $131K
19% more funds holding
Funds holding: 124 → 147 (+23)
6% more capital invested
Capital invested by funds: $276M → $292M (+$16.1M)
1.5% less ownership
Funds ownership: 69.11% → 67.62% (-1.5%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.02M |
| 2 |
Millennium Management
New York
|
+$5.67M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.97M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$3.84M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.6M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
ProShare Advisors
Bethesda,
Maryland
| – | -$262K | -8,679 | Closed |
|
152
SG Americas Securities
New York
| – | -$102K | -3,392 | Closed |
|
ADC Hedge Fund Activity: Q4 2013 in Review
147 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q4 2013, worth a combined $292M — up 5.8% from $276M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ADC positions and 5 closed out — a net gain of 24 holders — while 68 added to existing stakes and 33 trimmed.
The largest buyer was Vanguard Group, adding an estimated $7.02M. The largest seller was THB Asset Management, exiting entirely with an estimated $7.91M sold.
- 147 institutional investors held Agree Realty (ADC) as of Q4 2013, up from 124 in Q3 2013.
- Funds reported $292M of Agree Realty stock for Q4 2013, up 5.8% quarter-over-quarter.
- 29 funds opened new Agree Realty positions in Q4 2013 and 5 closed out, a net change of +24 holders.
- The largest Agree Realty buyer in Q4 2013 was Vanguard Group, an estimated $7.02M added.
- The largest Agree Realty seller in Q4 2013 was THB Asset Management, an estimated $7.91M sold.
Based on aggregated 13F filings for Q4 2013.