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Agree Realty

372 hedge funds and large institutions have $5.27B invested in Agree Realty in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 154 increasing their positions, 117 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

32% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 117

2% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 44

1% less funds holding

Funds holding: 374372 (-2)

2.97% less ownership

Funds ownership: 102.05%99.08% (-3%)

15% less capital invested

Capital invested by funds: $6.23B → $5.27B (-$956M)

61% less call options, than puts

Call options by funds: $2.73M | Put options by funds: $7.02M

Holders
372
Holders Change
-2
Holders Change %
-0.53%
% of All Funds
5.9%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
45
Increased
154
Reduced
117
Closed
44
Calls
$2.73M
Puts
$7.02M
Net Calls
-$4.29M
Net Calls Change
-$5.57M
Name Holding Trade Value Shares
Change
Change in
Stake
PIWA
151
Prevail Innovative Wealth Advisors
Kansas
$1.71M +$1.93M +30,931 New
AAM
152
Advisors Asset Management
Colorado
$1.7M -$36.8K -588 -2%
BCI
153
Brinker Capital Investments
Pennsylvania
$1.62M -$78.4K -1,254 -4%
OPS
154
Orion Portfolio Solutions
Nebraska
$1.62M -$78.4K -1,254 -4%
Stifel Financial
155
Stifel Financial
Missouri
$1.58M +$4.44K +71 +0.2%
LSERS
156
Louisiana State Employees Retirement System
Louisiana
$1.51M +$6.25K +100 +0.4%
OPERF
157
Oregon Public Employees Retirement Fund
Oregon
$1.49M +$6.25K +100 +0.4%
EC
158
Elequin Capital
New York
$1.47M +$1.22M +19,589 +280%
ASRS
159
Arizona State Retirement System
Arizona
$1.47M +$74.1K +1,186 +5%
VanEck Associates
160
VanEck Associates
New York
$1.47M +$108K +1,732 +7%
State Board of Administration of Florida Retirement System
161
State Board of Administration of Florida Retirement System
Florida
$1.46M +$60.6K +970 +4%
EOJOAM
162
E. Ohman J:or Asset Management
Sweden
$1.45M
MYAM
163
Meiji Yasuda Asset Management
Japan
$1.42M +$35.1K +561 +2%
UM
164
UniSuper Management
Australia
$1.41M +$37.5K +600 +2%
WBC
165
Westpac Banking Corp
Australia
$1.39M
BNP Paribas Financial Markets
166
BNP Paribas Financial Markets
France
$1.36M -$1.35M -21,657 -47%
Point72 Asset Management
167
Point72 Asset Management
Connecticut
$1.35M -$17M -272,587 -92%
SMDAM
168
Sumitomo Mitsui DS Asset Management
Japan
$1.31M +$99.1K +1,585 +7%
SG Americas Securities
169
SG Americas Securities
New York
$1.31M +$855K +13,671 +136%
SOMRS
170
State of Michigan Retirement System
Michigan
$1.27M
Pictet Asset Management
171
Pictet Asset Management
Switzerland
$1.27M +$1.44M +22,989 New
YIH
172
Y-Intercept (HK)
Hong Kong
$1.26M +$1.42M +22,754 New
AIP
173
Ameritas Investment Partners
Nebraska
$1.19M -$105K -1,683 -7%
OTL
174
Oak Thistle LLC
New York
$1.18M +$1.34M +21,416 New
NMIMC
175
Northwestern Mutual Investment Management Company
Wisconsin
$1.18M +$39.9K +639 +3%

ADC Hedge Fund Activity: Q3 2023 in Review

372 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2023, worth a combined $5.27B — down 15% from $6.23B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new ADC positions and 44 closed out — a net gain of 1 holder — while 154 added to existing stakes and 117 trimmed.

The largest buyer was Macquarie Group, adding an estimated $59.3M. The largest seller was Wellington Management Group, exiting entirely with an estimated $89.7M sold.

  • 372 institutional investors held Agree Realty (ADC) as of Q3 2023, down from 374 in Q2 2023.
  • Funds reported $5.27B of Agree Realty stock for Q3 2023, down 15% quarter-over-quarter.
  • 45 funds opened new Agree Realty positions in Q3 2023 and 44 closed out, a net change of +1 holder.
  • The largest Agree Realty buyer in Q3 2023 was Macquarie Group, an estimated $59.3M added.
  • The largest Agree Realty seller in Q3 2023 was Wellington Management Group, an estimated $89.7M sold.

Based on aggregated 13F filings for Q3 2023.