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Agree Realty

187 hedge funds and large institutions have $1.12B invested in Agree Realty in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 79 increasing their positions, 43 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 10

84% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 43

10% more funds holding

Funds holding: 170187 (+17)

1% more capital invested

Capital invested by funds: $1.11B → $1.12B (+$11.2M)

2.2% less ownership

Funds ownership: 88.44%86.24% (-2.2%)

Holders
187
Holders Change
+17
Holders Change %
+10%
% of All Funds
4.66%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
28
Increased
79
Reduced
43
Closed
10
Calls
$278K
Puts
Net Calls
+$278K
Net Calls Change
+$278K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$176M +$6.17M +129,983 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$161M +$10.2M +214,773 +7%
Deutsche Bank
3
Deutsche Bank
Germany
$104M +$9.27M +195,252 +9%
Cohen & Steers
4
Cohen & Steers
New York
$56.7M +$24.3M +511,462 +71%
Principal Financial Group
5
Principal Financial Group
Iowa
$43M -$10.3M -217,809 -19%
Northern Trust
6
Northern Trust
Illinois
$38.4M +$954K +20,089 +2%
State Street
7
State Street
Massachusetts
$34.8M +$2M +42,067 +6%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$32.6M +$395K +8,328 +1%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$31.7M -$54.2M -1,141,113 -62%
TA
10
Teachers Advisors
New York
$21.5M +$6.76M +142,320 +44%
State of New Jersey Common Pension Fund D
11
State of New Jersey Common Pension Fund D
New Jersey
$20.4M
Russell Investments Group
12
Russell Investments Group
United Kingdom
$19.5M +$3.27M +68,945 +19%
B
13
Barings
North Carolina
$18.5M +$15.6M +328,651 +437%
UIC
14
Uniplan Investment Counsel
Wisconsin
$18.1M +$258K +5,432 +1%
William Blair Investment Management
15
William Blair Investment Management
Illinois
$17.6M +$18.2M +383,261 New
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$17.5M +$818K +17,231 +5%
N
17
Nuveen
North Carolina
$16.5M +$17.1M +360,093 New
SAM
18
Securian Asset Management
Minnesota
$15.6M +$3.52M +74,200 +28%
Invesco
19
Invesco
Georgia
$10.6M -$304K -6,402 -3%
American Century Companies
20
American Century Companies
Missouri
$10.4M +$1.2M +25,201 +12%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$9.92M +$220K +4,638 +2%
MPI
22
Mairs & Power Inc
Minnesota
$9.74M +$1.34M +28,300 +15%
Baird Financial Group
23
Baird Financial Group
Wisconsin
$7.6M -$399K -8,405 -5%
ESCM
24
Echo Street Capital Management
New York
$7.55M +$1.1M +23,096 +16%
Ameriprise
25
Ameriprise
Minnesota
$7.11M +$515K +10,855 +8%

ADC Hedge Fund Activity: Q2 2017 in Review

187 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2017, worth a combined $1.12B — up 1% from $1.11B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new ADC positions and 10 closed out — a net gain of 18 holders — while 79 added to existing stakes and 43 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $24.3M. The largest seller was Fidelity Investments, cutting an estimated $54.2M.

  • 187 institutional investors held Agree Realty (ADC) as of Q2 2017, up from 170 in Q1 2017.
  • Funds reported $1.12B of Agree Realty stock for Q2 2017, up 1% quarter-over-quarter.
  • 28 funds opened new Agree Realty positions in Q2 2017 and 10 closed out, a net change of +18 holders.
  • The largest Agree Realty buyer in Q2 2017 was Cohen & Steers, an estimated $24.3M added.
  • The largest Agree Realty seller in Q2 2017 was Fidelity Investments, an estimated $54.2M sold.

Based on aggregated 13F filings for Q2 2017.