Agree Realty
148 hedge funds and large institutions have $381M invested in Agree Realty in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 72 increasing their positions, 28 reducing their positions, and 3 closing their positions.
567% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 3
157% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 28
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more capital invested
Capital invested by funds: $279M → $381M (+$102M)
12% more funds holding
Funds holding: 132 → 148 (+16)
1.62% more ownership
Funds ownership: 68.29% → 69.91% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$18.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.22M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.21M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.57M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.76M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$4.86M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
-$4.13M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.45M |
| 5 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
BNP Paribas Financial Markets
Paris,
France
| – | -$712 | -26 | Closed |
|
ADC Hedge Fund Activity: Q4 2014 in Review
148 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q4 2014, worth a combined $381M — up 36% from $279M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ADC positions and 3 closed out — a net gain of 17 holders — while 72 added to existing stakes and 28 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $18.8M. The largest seller was Millennium Management, cutting an estimated $6.76M.
- 148 institutional investors held Agree Realty (ADC) as of Q4 2014, up from 132 in Q3 2014.
- Funds reported $381M of Agree Realty stock for Q4 2014, up 36% quarter-over-quarter.
- 20 funds opened new Agree Realty positions in Q4 2014 and 3 closed out, a net change of +17 holders.
- The largest Agree Realty buyer in Q4 2014 was Brookfield Corp, an estimated $18.8M added.
- The largest Agree Realty seller in Q4 2014 was Millennium Management, an estimated $6.76M sold.
Based on aggregated 13F filings for Q4 2014.