Agree Realty
174 hedge funds and large institutions have $516M invested in Agree Realty in 2015 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 85 increasing their positions, 39 reducing their positions, and 13 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 39
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
24% more capital invested
Capital invested by funds: $416M → $516M (+$99.7M)
5% more funds holding
Funds holding: 166 → 174 (+8)
1.2% less ownership
Funds ownership: 77.67% → 76.48% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.79M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.14M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.11M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$5.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$4.39M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.75M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.94M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.61M |
| 5 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$1.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Arrowstreet Capital
Boston,
Massachusetts
| – | -$743K | -24,897 | Closed |
|
|
NCCM
177
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$534K | -17,900 | Closed |
|
|
BFM
178
Boothbay Fund Management
New York
| – | -$322K | -10,781 | Closed |
|
|
DIA
179
Denver Investment Advisors
Denver,
Colorado
| – | -$227K | -7,594 | Closed |
|
|
ARTA
180
A.R.T. Advisors
New York
| – | -$223K | -7,488 | Closed |
|
|
PFBT
181
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$13K | -426 | Closed |
|
|
NSIM
182
North Star Investment Management
Chicago,
Illinois
| – | -$4K | -143 | Closed |
|
183
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -133 | Closed |
|
|
SIM
184
Sonora Investment Management
Tucson,
Arizona
| – | -$2K | -84 | Closed |
|
|
MA
185
MUFG Americas
New York
| – | -$2K | -79 | Closed |
|
|
W
186
Wealthfront
Palo Alto,
California
| – | -$2K | -55 | Closed |
|
187
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$65 | +2 | New |
|
ADC Hedge Fund Activity: Q4 2015 in Review
174 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q4 2015, worth a combined $516M — up 24% from $416M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ADC positions and 13 closed out — a net gain of 9 holders — while 85 added to existing stakes and 39 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $10.1M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $4.39M sold.
- 174 institutional investors held Agree Realty (ADC) as of Q4 2015, up from 166 in Q3 2015.
- Funds reported $516M of Agree Realty stock for Q4 2015, up 24% quarter-over-quarter.
- 22 funds opened new Agree Realty positions in Q4 2015 and 13 closed out, a net change of +9 holders.
- The largest Agree Realty buyer in Q4 2015 was Deutsche Bank, an estimated $10.1M added.
- The largest Agree Realty seller in Q4 2015 was Janus Henderson Group, an estimated $4.39M sold.
Based on aggregated 13F filings for Q4 2015.