Agree Realty
224 hedge funds and large institutions have $1.65B invested in Agree Realty in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 85 increasing their positions, 73 reducing their positions, and 24 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 73
11% more capital invested
Capital invested by funds: $1.49B → $1.65B (+$159M)
1.97% more ownership
Funds ownership: 98.68% → 100.66% (+2%)
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
0% less funds holding
Funds holding: 225 → 224 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$27.9M |
| 2 |
BlackRock
New York
|
+$25.8M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$13M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.23M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$8.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$18M |
| 2 |
Cohen & Steers
New York
|
-$14.2M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$12M |
| 4 |
Millennium Management
New York
|
-$9.05M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.93M |
ADC Hedge Fund Activity: Q2 2018 in Review
224 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2018, worth a combined $1.65B — up 11% from $1.49B a quarter earlier.
Fund positioning in ADC was balanced in Q2 2018: 24 funds opened new positions, 24 closed out, 85 added to existing stakes and 73 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $27.9M. The largest seller was Weiss Multi-Strategy Advisers, exiting entirely with an estimated $18M sold.
- 224 institutional investors held Agree Realty (ADC) as of Q2 2018, down from 225 in Q1 2018.
- Funds reported $1.65B of Agree Realty stock for Q2 2018, up 11% quarter-over-quarter.
- 24 funds opened new Agree Realty positions in Q2 2018 and 24 closed out, a net change of 0 holders.
- The largest Agree Realty buyer in Q2 2018 was Deutsche Bank, an estimated $27.9M added.
- The largest Agree Realty seller in Q2 2018 was Weiss Multi-Strategy Advisers, an estimated $18M sold.
Based on aggregated 13F filings for Q2 2018.