Agree Realty
200 hedge funds and large institutions have $1.44B invested in Agree Realty in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 78 increasing their positions, 56 reducing their positions, and 20 closing their positions.
855% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $242K
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
39% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 56
15% more capital invested
Capital invested by funds: $1.25B → $1.44B (+$192M)
7% more ownership
Funds ownership: 88.95% → 95.96% (+7%)
5% more funds holding
Funds holding: 190 → 200 (+10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$87M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$13M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$12.4M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$12.2M |
| 5 |
BlackRock
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$17.2M |
| 2 |
Millennium Management
New York
|
-$6.78M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.66M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$5.7M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$3.2M |
ADC Hedge Fund Activity: Q4 2017 in Review
200 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q4 2017, worth a combined $1.44B — up 15% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ADC positions and 20 closed out — a net gain of 12 holders — while 78 added to existing stakes and 56 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $87M. The largest seller was Nuveen, cutting an estimated $17.2M.
- 200 institutional investors held Agree Realty (ADC) as of Q4 2017, up from 190 in Q3 2017.
- Funds reported $1.44B of Agree Realty stock for Q4 2017, up 15% quarter-over-quarter.
- 32 funds opened new Agree Realty positions in Q4 2017 and 20 closed out, a net change of +12 holders.
- The largest Agree Realty buyer in Q4 2017 was Cohen & Steers, an estimated $87M added.
- The largest Agree Realty seller in Q4 2017 was Nuveen, an estimated $17.2M sold.
Based on aggregated 13F filings for Q4 2017.