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Agree Realty

372 hedge funds and large institutions have $5.27B invested in Agree Realty in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 154 increasing their positions, 117 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

32% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 117

2% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 44

1% less funds holding

Funds holding: 374372 (-2)

2.97% less ownership

Funds ownership: 102.05%99.08% (-3%)

15% less capital invested

Capital invested by funds: $6.23B → $5.27B (-$956M)

61% less call options, than puts

Call options by funds: $2.73M | Put options by funds: $7.02M

Holders
372
Holders Change
-2
Holders Change %
-0.53%
% of All Funds
5.9%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
45
Increased
154
Reduced
117
Closed
44
Calls
$2.73M
Puts
$7.02M
Net Calls
-$4.29M
Net Calls Change
-$5.57M
Name Holding Trade Value Shares
Change
Change in
Stake
Federated Hermes
201
Federated Hermes
Pennsylvania
$727K -$26.3K -420 -3%
Renaissance Technologies
202
Renaissance Technologies
New York
$724K -$12.5M -200,500 -94%
Cambridge Investment Research Advisors
203
Cambridge Investment Research Advisors
Iowa
$722K +$18.1K +289 +2%
BPCE
204
Bank Pictet & Cie (Europe)
Germany
$720K
Walleye Capital
205
Walleye Capital
New York
$701K -$21.4M -342,991 -96%
VA
206
Vident Advisory
Georgia
$700K +$793K +12,680 New
SRAM
207
Spouting Rock Asset Management
Pennsylvania
$692K -$336K -5,373 -30%
GHAM
208
Gilman Hill Asset Management
Connecticut
$678K +$32.8K +525 +4%
VI
209
Versor Investments
New York
$674K -$982K -15,707 -56%
AC
210
Allstate Corporation
Illinois
$656K -$660K -10,565 -47%
Mariner
211
Mariner
Kansas
$648K +$21.3K +340 +3%
AssetMark Inc
212
AssetMark Inc
California
$634K -$102K -1,628 -12%
DFCM
213
Dark Forest Capital Management
Puerto Rico
$632K +$469K +7,496 +190%
Marshall Wace
214
Marshall Wace
United Kingdom
$626K -$16.2M -259,328 -96%
X
215
Xponance
Pennsylvania
$623K +$6.38K +102 +0.9%
NAM
216
Nissay Asset Management
Japan
$619K +$32K +512 +5%
Toronto Dominion Bank
217
Toronto Dominion Bank
Ontario, Canada
$582K +$27.8K +445 +4%
CAN
218
Cetera Advisor Networks
California
$580K +$132K +2,108 +25%
IMRF
219
Illinois Municipal Retirement Fund
Illinois
$573K
HighTower Advisors
220
HighTower Advisors
Illinois
$542K +$54.6K +873 +10%
Prudential Financial
221
Prudential Financial
New Jersey
$525K +$20.3K +324 +4%
BHCM
222
Brevan Howard Capital Management
Jersey
$512K +$580K +9,274 New
TYCC
223
Texas Yale Capital Corp
Florida
$508K
KI
224
Kapitalo Investimentos
Brazil
$484K +$475K +7,602 +653%
CIC
225
Cornercap Investment Counsel
Georgia
$484K +$15.4K +247 +3%

ADC Hedge Fund Activity: Q3 2023 in Review

372 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2023, worth a combined $5.27B — down 15% from $6.23B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new ADC positions and 44 closed out — a net gain of 1 holder — while 154 added to existing stakes and 117 trimmed.

The largest buyer was Macquarie Group, adding an estimated $59.3M. The largest seller was Wellington Management Group, exiting entirely with an estimated $89.7M sold.

  • 372 institutional investors held Agree Realty (ADC) as of Q3 2023, down from 374 in Q2 2023.
  • Funds reported $5.27B of Agree Realty stock for Q3 2023, down 15% quarter-over-quarter.
  • 45 funds opened new Agree Realty positions in Q3 2023 and 44 closed out, a net change of +1 holder.
  • The largest Agree Realty buyer in Q3 2023 was Macquarie Group, an estimated $59.3M added.
  • The largest Agree Realty seller in Q3 2023 was Wellington Management Group, an estimated $89.7M sold.

Based on aggregated 13F filings for Q3 2023.