We are live on ! Find out more
ADC icon

Agree Realty
ADC

194 hedge funds and large institutions have $960M invested in Agree Realty in 2016 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 71 increasing their positions, 70 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more call options, than puts

Call options by funds: $684K | Put options by funds: $653K

4% more capital invested

Capital invested by funds: $920M → $960M (+$39.6M)

1% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 70

0.52% more ownership

Funds ownership: 82.03% → 82.54% (+0.52%)

1% less funds holding

Funds holding: 195 → 194 (-1)

5% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 19

Holders
194
Holders Change
-1
Holders Change %
-0.51%
% of All Funds
5.18%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
18
Increased
71
Reduced
70
Closed
19
Calls
$684K
Puts
$653K
Net Calls
+$31K
Net Calls Change
+$190K

Top Buyers

1
Wellington Management Group
Wellington Management Group
Massachusetts
+$12.2M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$11M
3
BFA
BlackRock Fund Advisors
California
+$6.49M
4
ESCM
Echo Street Capital Management
New York
+$4.66M
5
First Trust Advisors
First Trust Advisors
Illinois
+$4.63M

Top Sellers

1
N
Nuveen
North Carolina
-$17.6M
2
Millennium Management
Millennium Management
New York
-$8.46M
3
Wells Fargo
Wells Fargo
California
-$2.71M
4
Principal Financial Group
Principal Financial Group
Iowa
-$2.27M
5
RIM
Rainier Investment Management
Washington
-$2.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Los Angeles Capital Management
201
Los Angeles Capital Management
California
– -$933K -19,337 Closed
PS
202
Pensionfund Sabic
Netherlands
– -$508K -10,540 Closed
VRS
203
Virginia Retirement Systems
Virginia
– -$246K -5,100 Closed
HSBC Holdings
204
HSBC Holdings
United Kingdom
– -$222K -4,605 Closed
Teacher Retirement System of Texas
205
Teacher Retirement System of Texas
Texas
– -$158K -3,274 Closed
Fuller & Thaler Asset Management
206
Fuller & Thaler Asset Management
California
– -$154K -3,200 Closed
TRCT
207
Tower Research Capital (TRC)
New York
– -$89K -1,851 Closed
CCA
208
Checchi Capital Advisers
California
– -$48K -1,000 Closed
CAL
209
Capital Analysts LLC
Pennsylvania
– -$38K -787 Closed
MA
210
MUFG Americas
New York
– -$12K -243 Closed
TCM
211
Tradewinds Capital Management
Washington
– -$7K -155 Closed
CFG
212
Citizens Financial Group
Rhode Island
– -$2K -48 Closed
GC
213
Globeflex Capital
California
– -$1K -28 Closed
5 6 7 8
9

ADC Hedge Fund Activity: Q3 2016 in Review

194 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2016, worth a combined $960M — up 4.3% from $920M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of ADC and 18 opened new positions — a net loss of 1 holder — while 70 trimmed existing stakes and 71 added.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $12.2M. The largest seller was Nuveen, cutting an estimated $17.6M.

  • 194 institutional investors held Agree Realty (ADC) as of Q3 2016, down from 195 in Q2 2016.
  • Funds reported $960M of Agree Realty stock for Q3 2016, up 4.3% quarter-over-quarter.
  • 18 funds opened new Agree Realty positions in Q3 2016 and 19 closed out, a net change of -1 holder.
  • The largest Agree Realty buyer in Q3 2016 was Wellington Management Group, an estimated $12.2M added.
  • The largest Agree Realty seller in Q3 2016 was Nuveen, an estimated $17.6M sold.

Based on aggregated 13F filings for Q3 2016.