Agree Realty
190 hedge funds and large institutions have $1.25B invested in Agree Realty in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 92 increasing their positions, 42 reducing their positions, and 20 closing their positions.
119% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 42
47% more call options, than puts
Call options by funds: $3.27M | Put options by funds: $2.23M
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
12% more capital invested
Capital invested by funds: $1.12B → $1.25B (+$130M)
2.71% more ownership
Funds ownership: 86.24% → 88.95% (+2.7%)
2% more funds holding
Funds holding: 187 → 190 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.8M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$8.51M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.8M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
+$6.77M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.68M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.72M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$3.56M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.64M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$2.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
REMS
201
Real Estate Management Services
| – | -$271K | -5,900 | Closed |
|
202
Capital Fund Management (CFM)
Paris,
France
| – | -$229K | -5,000 | Closed |
|
|
PA
203
Profund Advisors
Bethesda,
Maryland
| – | -$226K | -4,926 | Closed |
|
|
PCMM
204
Private Capital Management (Minnesota)
Eagan,
Minnesota
| – | -$161K | -3,500 | Closed |
|
|
DADC
205
D.A. Davidson & Co
Great Falls,
Montana
| – | -$106K | -2,312 | Closed |
|
|
GH
206
GAM Holding
Zurich,
Switzerland
| – | -$98K | -2,127 | Closed |
|
|
QT
207
Quantbot Technologies
New York
| – | -$58K | -1,272 | Closed |
|
208
Lazard Asset Management
New York
| – | -$26K | -571 | Closed |
|
|
ED
209
Exane Derivatives
Paris,
France
| – | -$46 | -1 | Closed |
|
|
WAM
210
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$147 | +3 | New |
|
ADC Hedge Fund Activity: Q3 2017 in Review
190 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2017, worth a combined $1.25B — up 12% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ADC positions and 20 closed out — a net gain of 4 holders — while 92 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $10.8M. The largest seller was Fidelity Investments, cutting an estimated $5.68M.
- 190 institutional investors held Agree Realty (ADC) as of Q3 2017, up from 187 in Q2 2017.
- Funds reported $1.25B of Agree Realty stock for Q3 2017, up 12% quarter-over-quarter.
- 24 funds opened new Agree Realty positions in Q3 2017 and 20 closed out, a net change of +4 holders.
- The largest Agree Realty buyer in Q3 2017 was BlackRock, an estimated $10.8M added.
- The largest Agree Realty seller in Q3 2017 was Fidelity Investments, an estimated $5.68M sold.
Based on aggregated 13F filings for Q3 2017.