Agree Realty
249 hedge funds and large institutions have $2.74B invested in Agree Realty in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 116 increasing their positions, 68 reducing their positions, and 25 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 68
44% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 25
3.6% more ownership
Funds ownership: 107.65% → 111.25% (+3.6%)
3% more funds holding
Funds holding: 241 → 249 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $2.81B → $2.74B (-$63.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$66.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$48.6M |
| 3 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$44.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$41.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.9M |
| 2 |
JP Morgan Chase
New York
|
-$42.4M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$18.7M |
| 4 |
Cohen & Steers
New York
|
-$15.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.47M |
ADC Hedge Fund Activity: Q2 2019 in Review
249 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2019, worth a combined $2.74B — down 2.3% from $2.81B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ADC positions and 25 closed out — a net gain of 11 holders — while 116 added to existing stakes and 68 trimmed.
The largest buyer was Nuveen, adding an estimated $66.8M. The largest seller was Fidelity Investments, cutting an estimated $49.9M.
- 249 institutional investors held Agree Realty (ADC) as of Q2 2019, up from 241 in Q1 2019.
- Funds reported $2.74B of Agree Realty stock for Q2 2019, down 2.3% quarter-over-quarter.
- 36 funds opened new Agree Realty positions in Q2 2019 and 25 closed out, a net change of +11 holders.
- The largest Agree Realty buyer in Q2 2019 was Nuveen, an estimated $66.8M added.
- The largest Agree Realty seller in Q2 2019 was Fidelity Investments, an estimated $49.9M sold.
Based on aggregated 13F filings for Q2 2019.