Agree Realty
132 hedge funds and large institutions have $280M invested in Agree Realty in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 44 increasing their positions, 54 reducing their positions, and 18 closing their positions.
0.14% more ownership
Funds ownership: 68.16% → 68.29% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 144 → 132 (-12)
9% less capital invested
Capital invested by funds: $308M → $280M (-$28.6M)
19% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 54
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.22M |
| 2 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$2.69M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.37M |
| 4 |
PDN
Pensionfund DSM Netherlands
Sittard,
Netherlands
|
+$766K |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.03M |
| 2 |
Millennium Management
New York
|
-$1.91M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$1.49M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.46M |
| 5 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$1.16M |
ADC Hedge Fund Activity: Q3 2014 in Review
132 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2014, worth a combined $280M — down 9.3% from $308M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ADC and 6 opened new positions — a net loss of 12 holders — while 54 trimmed existing stakes and 44 added.
The largest buyer was Principal Financial Group, adding an estimated $4.22M. The largest seller was AQR Capital Management, cutting an estimated $2.03M.
- 132 institutional investors held Agree Realty (ADC) as of Q3 2014, down from 144 in Q2 2014.
- Funds reported $280M of Agree Realty stock for Q3 2014, down 9.3% quarter-over-quarter.
- 6 funds opened new Agree Realty positions in Q3 2014 and 18 closed out, a net change of -12 holders.
- The largest Agree Realty buyer in Q3 2014 was Principal Financial Group, an estimated $4.22M added.
- The largest Agree Realty seller in Q3 2014 was AQR Capital Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q3 2014.