Agree Realty
144 hedge funds and large institutions have $308M invested in Agree Realty in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 52 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
5% more funds holding
Funds holding: 137 → 144 (+7)
0.3% less ownership
Funds ownership: 68.46% → 68.16% (-0.3%)
1% less capital invested
Capital invested by funds: $311M → $308M (-$3.19M)
4% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.69M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$979K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$915K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$747K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SONJCPFE
State of New Jersey Common Pension Fund E
Trenton,
New Jersey
|
-$1.82M |
| 2 |
Millennium Management
New York
|
-$1.79M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.64M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$1.27M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$1.19M |
ADC Hedge Fund Activity: Q2 2014 in Review
144 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2014, worth a combined $308M — down 1% from $311M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ADC positions and 6 closed out — a net gain of 8 holders — while 50 added to existing stakes and 52 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $6M. The largest seller was State of New Jersey Common Pension Fund E, exiting entirely with an estimated $1.82M sold.
- 144 institutional investors held Agree Realty (ADC) as of Q2 2014, up from 137 in Q1 2014.
- Funds reported $308M of Agree Realty stock for Q2 2014, down 1% quarter-over-quarter.
- 14 funds opened new Agree Realty positions in Q2 2014 and 6 closed out, a net change of +8 holders.
- The largest Agree Realty buyer in Q2 2014 was State of New Jersey Common Pension Fund D, an estimated $6M added.
- The largest Agree Realty seller in Q2 2014 was State of New Jersey Common Pension Fund E, an estimated $1.82M sold.
Based on aggregated 13F filings for Q2 2014.