Agree Realty
166 hedge funds and large institutions have $416M invested in Agree Realty in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 70 increasing their positions, 56 reducing their positions, and 14 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 56
12% more capital invested
Capital invested by funds: $373M → $416M (+$43.2M)
3.2% more ownership
Funds ownership: 74.48% → 77.67% (+3.2%)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
1% less funds holding
Funds holding: 167 → 166 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$21.9M |
| 2 |
REMS
Real Estate Management Services
|
+$3.76M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.13M |
| 4 |
Renaissance Technologies
New York
|
+$3.01M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$4.69M |
| 2 |
HSS
Harrison Street Securities
Chicago,
Illinois
|
-$3.45M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.84M |
| 4 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$2.14M |
| 5 |
Two Sigma Investments
New York
|
-$1.67M |
ADC Hedge Fund Activity: Q3 2015 in Review
166 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2015, worth a combined $416M — up 12% from $373M a quarter earlier.
Fund positioning in ADC was balanced in Q3 2015: 14 funds opened new positions, 14 closed out, 70 added to existing stakes and 56 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $21.9M. The largest seller was Nuveen, cutting an estimated $4.69M.
- 166 institutional investors held Agree Realty (ADC) as of Q3 2015, down from 167 in Q2 2015.
- Funds reported $416M of Agree Realty stock for Q3 2015, up 12% quarter-over-quarter.
- 14 funds opened new Agree Realty positions in Q3 2015 and 14 closed out, a net change of 0 holders.
- The largest Agree Realty buyer in Q3 2015 was Deutsche Bank, an estimated $21.9M added.
- The largest Agree Realty seller in Q3 2015 was Nuveen, an estimated $4.69M sold.
Based on aggregated 13F filings for Q3 2015.