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Agree Realty

276 hedge funds and large institutions have $3.31B invested in Agree Realty in 2020 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 113 increasing their positions, 84 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more call options, than puts

Call options by funds: $755K | Put options by funds: $364K

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

35% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 84

7.91% more ownership

Funds ownership: 109.86%117.77% (+7.9%)

5% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 44

1% more capital invested

Capital invested by funds: $3.27B → $3.31B (+$38.9M)

0% less funds holding

Funds holding: 277276 (-1)

Holders
276
Holders Change
-1
Holders Change %
-0.36%
% of All Funds
6.08%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
46
Increased
113
Reduced
84
Closed
44
Calls
$755K
Puts
$364K
Net Calls
+$391K
Net Calls Change
+$138K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$457M +$3.84M +54,018 +0.7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$439M +$48.7M +684,921 +11%
Invesco
3
Invesco
Georgia
$264M +$84M +1,179,877 +38%
ZP
4
Zimmer Partners
New York
$170M +$120M +1,693,012 +160%
Citigroup
5
Citigroup
New York
$125M +$141M +1,976,929 +4,740%
State Street
6
State Street
Massachusetts
$112M +$12.2M +171,076 +11%
Deutsche Bank
7
Deutsche Bank
Germany
$110M +$15M +210,907 +13%
Principal Financial Group
8
Principal Financial Group
Iowa
$88.3M -$1.04M -14,620 -1%
Cohen & Steers
9
Cohen & Steers
New York
$84.1M -$11.5M -161,392 -11%
N
10
Nuveen
North Carolina
$78.3M +$16.8M +235,756 +23%
Citadel Advisors
11
Citadel Advisors
Florida
$76.8M +$22.3M +312,819 +34%
AAMU
12
APG Asset Management US
New York
$76.1M +$87.5M +1,230,000 New
Northern Trust
13
Northern Trust
Illinois
$67.6M +$1.19M +16,770 +2%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$53.7M -$2.56M -35,955 -4%
Russell Investments Group
15
Russell Investments Group
United Kingdom
$53.3M +$13.4M +187,747 +28%
Thrivent Financial for Lutherans
16
Thrivent Financial for Lutherans
Minnesota
$51.6M +$19.8M +278,685 +50%
LIMS
17
Lasalle Investment Management Securities
Maryland
$44.5M +$254K +3,569 +0.5%
Wellington Management Group
18
Wellington Management Group
Massachusetts
$43.5M +$4.93M +69,274 +11%
American Century Companies
19
American Century Companies
Missouri
$43.5M +$11.6M +162,832 +30%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$41.1M +$907K +12,752 +2%
Sumitomo Mitsui Trust Group
21
Sumitomo Mitsui Trust Group
Japan
$40.8M +$41.6M +585,275 +799%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$39.1M +$3.07M +43,162 +7%
Millennium Management
23
Millennium Management
New York
$29.2M +$1.39M +19,472 +4%
UIC
24
Uniplan Investment Counsel
Wisconsin
$29.1M +$2.58M +36,312 +8%
State of New Jersey Common Pension Fund D
25
State of New Jersey Common Pension Fund D
New Jersey
$24.8M +$1.46M +20,500 +5%

ADC Hedge Fund Activity: Q1 2020 in Review

276 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q1 2020, worth a combined $3.31B — up 1.2% from $3.27B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new ADC positions and 44 closed out — a net gain of 2 holders — while 113 added to existing stakes and 84 trimmed.

The largest buyer was Citigroup, adding an estimated $141M. The largest seller was Jefferies Group, exiting entirely with an estimated $96.3M sold.

  • 276 institutional investors held Agree Realty (ADC) as of Q1 2020, down from 277 in Q4 2019.
  • Funds reported $3.31B of Agree Realty stock for Q1 2020, up 1.2% quarter-over-quarter.
  • 46 funds opened new Agree Realty positions in Q1 2020 and 44 closed out, a net change of +2 holders.
  • The largest Agree Realty buyer in Q1 2020 was Citigroup, an estimated $141M added.
  • The largest Agree Realty seller in Q1 2020 was Jefferies Group, an estimated $96.3M sold.

Based on aggregated 13F filings for Q1 2020.