Agree Realty
194 hedge funds and large institutions have $585M invested in Agree Realty in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 79 increasing their positions, 61 reducing their positions, and 12 closing their positions.
183% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 12
30% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 61
13% more capital invested
Capital invested by funds: $516M → $585M (+$69.4M)
11% more funds holding
Funds holding: 174 → 194 (+20)
0.01% more ownership
Funds ownership: 76.48% → 76.49% (+0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$6.17M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$4.28M |
| 3 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$4.23M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$4.13M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$8.73M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$8.61M |
| 3 |
Millennium Management
New York
|
-$4.25M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.01M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$3.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RP
201
Reinhart Partners
Mequon,
Wisconsin
| – | -$350K | -10,306 | Closed |
|
202
Victory Capital Management
San Antonio,
Texas
| – | -$134K | -3,951 | Closed |
|
|
IA
203
IFP Advisors
Tampa,
Florida
| – | -$18K | -537 | Closed |
|
|
NFG
204
Next Financial Group
Houston,
Texas
| – | -$3K | -100 | Closed |
|
|
TRCT
205
Tower Research Capital (TRC)
New York
| – | -$3K | -100 | Closed |
|
206
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -95 | Closed |
|
ADC Hedge Fund Activity: Q1 2016 in Review
194 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q1 2016, worth a combined $585M — up 13% from $516M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ADC positions and 12 closed out — a net gain of 22 holders — while 79 added to existing stakes and 61 trimmed.
The largest buyer was Baird Financial Group, adding an estimated $6.17M. The largest seller was LSV Asset Management, cutting an estimated $8.73M.
- 194 institutional investors held Agree Realty (ADC) as of Q1 2016, up from 174 in Q4 2015.
- Funds reported $585M of Agree Realty stock for Q1 2016, up 13% quarter-over-quarter.
- 34 funds opened new Agree Realty positions in Q1 2016 and 12 closed out, a net change of +22 holders.
- The largest Agree Realty buyer in Q1 2016 was Baird Financial Group, an estimated $6.17M added.
- The largest Agree Realty seller in Q1 2016 was LSV Asset Management, an estimated $8.73M sold.
Based on aggregated 13F filings for Q1 2016.