Agree Realty
274 hedge funds and large institutions have $3.83B invested in Agree Realty in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 106 increasing their positions, 94 reducing their positions, and 31 closing their positions.
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
13% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 94
1% more funds holding
Funds holding: 271 → 274 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.31% less ownership
Funds ownership: 112.72% → 112.41% (-0.31%)
4% less capital invested
Capital invested by funds: $3.99B → $3.83B (-$158M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$45.5M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$35.1M |
| 3 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$20.7M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$18.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$98.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$86.3M |
| 3 |
Cohen & Steers
New York
|
-$70.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$13.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$9.99M |
ADC Hedge Fund Activity: Q3 2020 in Review
274 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2020, worth a combined $3.83B — down 4% from $3.99B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ADC positions and 31 closed out — a net gain of 4 holders — while 106 added to existing stakes and 94 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $45.5M. The largest seller was Zimmer Partners, cutting an estimated $98.8M.
- 274 institutional investors held Agree Realty (ADC) as of Q3 2020, up from 271 in Q2 2020.
- Funds reported $3.83B of Agree Realty stock for Q3 2020, down 4% quarter-over-quarter.
- 35 funds opened new Agree Realty positions in Q3 2020 and 31 closed out, a net change of +4 holders.
- The largest Agree Realty buyer in Q3 2020 was Citadel Advisors, an estimated $45.5M added.
- The largest Agree Realty seller in Q3 2020 was Zimmer Partners, an estimated $98.8M sold.
Based on aggregated 13F filings for Q3 2020.