Agree Realty
245 hedge funds and large institutions have $2.34B invested in Agree Realty in 2018 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 101 increasing their positions, 58 reducing their positions, and 24 closing their positions.
100% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 24
74% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 58
27% more capital invested
Capital invested by funds: $1.85B → $2.34B (+$490M)
10% more funds holding
Funds holding: 222 → 245 (+23)
3.22% more ownership
Funds ownership: 111.54% → 114.77% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$62.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$43.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.6M |
| 4 |
BlackRock
New York
|
+$32.5M |
| 5 |
JP Morgan Chase
New York
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.8M |
| 2 |
Millennium Management
New York
|
-$13.8M |
| 3 |
Cohen & Steers
New York
|
-$11.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.28M |
ADC Hedge Fund Activity: Q4 2018 in Review
245 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q4 2018, worth a combined $2.34B — up 27% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new ADC positions and 24 closed out — a net gain of 24 holders — while 101 added to existing stakes and 58 trimmed.
The largest buyer was Invesco, adding an estimated $62.7M. The largest seller was Deutsche Bank, cutting an estimated $21.8M.
- 245 institutional investors held Agree Realty (ADC) as of Q4 2018, up from 222 in Q3 2018.
- Funds reported $2.34B of Agree Realty stock for Q4 2018, up 27% quarter-over-quarter.
- 48 funds opened new Agree Realty positions in Q4 2018 and 24 closed out, a net change of +24 holders.
- The largest Agree Realty buyer in Q4 2018 was Invesco, an estimated $62.7M added.
- The largest Agree Realty seller in Q4 2018 was Deutsche Bank, an estimated $21.8M sold.
Based on aggregated 13F filings for Q4 2018.