Agree Realty
163 hedge funds and large institutions have $396M invested in Agree Realty in 2015 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 69 increasing their positions, 46 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
50% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 46
10% more funds holding
Funds holding: 148 → 163 (+15)
4% more capital invested
Capital invested by funds: $381M → $396M (+$15M)
1.67% less ownership
Funds ownership: 69.91% → 68.24% (-1.7%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$7.78M |
| 2 |
Janus Henderson Group
London,
|
+$6.38M |
| 3 |
HSS
Harrison Street Securities
Chicago,
Illinois
|
+$5.05M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$2.62M |
| 5 |
Millennium Management
New York
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$19.4M |
| 2 |
SCM
Sorin Capital Management
Stamford,
Connecticut
|
-$18.7M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$6.51M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$2.29M |
| 5 |
Lazard Asset Management
New York
|
-$1.3M |
ADC Hedge Fund Activity: Q1 2015 in Review
163 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q1 2015, worth a combined $396M — up 3.9% from $381M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ADC positions and 8 closed out — a net gain of 16 holders — while 69 added to existing stakes and 46 trimmed.
The largest buyer was Edge Asset Management, adding an estimated $7.78M. The largest seller was Brookfield Corp, exiting entirely with an estimated $19.4M sold.
- 163 institutional investors held Agree Realty (ADC) as of Q1 2015, up from 148 in Q4 2014.
- Funds reported $396M of Agree Realty stock for Q1 2015, up 3.9% quarter-over-quarter.
- 24 funds opened new Agree Realty positions in Q1 2015 and 8 closed out, a net change of +16 holders.
- The largest Agree Realty buyer in Q1 2015 was Edge Asset Management, an estimated $7.78M added.
- The largest Agree Realty seller in Q1 2015 was Brookfield Corp, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2015.