Agree Realty
ADC
282 hedge funds and large institutions have $4.27B invested in Agree Realty in 2020 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 121 increasing their positions, 90 reducing their positions, and 27 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
37% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 27
34% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 90
11% more capital invested
Capital invested by funds: $3.83B → $4.27B (+$439M)
3.48% more ownership
Funds ownership: 112.41% → 115.88% (+3.5%)
3% more funds holding
Funds holding: 274 → 282 (+8)
99% less call options, than puts
Call options by funds: $7K | Put options by funds: $826K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$98.3M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$92.3M |
| 3 |
BlackRock
New York
|
+$76.7M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$64.1M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$67.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$41.5M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$29.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$19.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$16.8M |
ADC Hedge Fund Activity: Q4 2020 in Review
282 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q4 2020, worth a combined $4.27B — up 11% from $3.83B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ADC positions and 27 closed out — a net gain of 10 holders — while 121 added to existing stakes and 90 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $98.3M. The largest seller was Cohen & Steers, cutting an estimated $67.3M.
- 282 institutional investors held Agree Realty (ADC) as of Q4 2020, up from 274 in Q3 2020.
- Funds reported $4.27B of Agree Realty stock for Q4 2020, up 11% quarter-over-quarter.
- 37 funds opened new Agree Realty positions in Q4 2020 and 27 closed out, a net change of +10 holders.
- The largest Agree Realty buyer in Q4 2020 was Principal Financial Group, an estimated $98.3M added.
- The largest Agree Realty seller in Q4 2020 was Cohen & Steers, an estimated $67.3M sold.
Based on aggregated 13F filings for Q4 2020.