Agree Realty
222 hedge funds and large institutions have $1.85B invested in Agree Realty in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 94 increasing their positions, 67 reducing their positions, and 21 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 67
12% more capital invested
Capital invested by funds: $1.65B → $1.85B (+$195M)
10.89% more ownership
Funds ownership: 100.66% → 111.54% (+11%)
1% less funds holding
Funds holding: 224 → 222 (-2)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$50.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$29.9M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$15.6M |
| 4 |
JP Morgan Chase
New York
|
+$13.3M |
| 5 |
BlackRock
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.2M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$3.8M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.8M |
| 4 |
PSUF
People's United Financial
Bridgeport,
Connecticut
|
-$2.26M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.94M |
ADC Hedge Fund Activity: Q3 2018 in Review
222 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2018, worth a combined $1.85B — up 12% from $1.65B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ADC and 20 opened new positions — a net loss of 1 holder — while 67 trimmed existing stakes and 94 added.
The largest buyer was Cohen & Steers, adding an estimated $50.4M. The largest seller was Deutsche Bank, cutting an estimated $20.2M.
- 222 institutional investors held Agree Realty (ADC) as of Q3 2018, down from 224 in Q2 2018.
- Funds reported $1.85B of Agree Realty stock for Q3 2018, up 12% quarter-over-quarter.
- 20 funds opened new Agree Realty positions in Q3 2018 and 21 closed out, a net change of -1 holder.
- The largest Agree Realty buyer in Q3 2018 was Cohen & Steers, an estimated $50.4M added.
- The largest Agree Realty seller in Q3 2018 was Deutsche Bank, an estimated $20.2M sold.
Based on aggregated 13F filings for Q3 2018.