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Agree Realty

282 hedge funds and large institutions have $4.27B invested in Agree Realty in 2020 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 121 increasing their positions, 90 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

37% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 27

34% more repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 90

11% more capital invested

Capital invested by funds: $3.83B → $4.27B (+$439M)

3.48% more ownership

Funds ownership: 112.41%115.88% (+3.5%)

3% more funds holding

Funds holding: 274282 (+8)

99% less call options, than puts

Call options by funds: $7K | Put options by funds: $826K

Holders
282
Holders Change
+8
Holders Change %
+2.92%
% of All Funds
4.99%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
37
Increased
121
Reduced
90
Closed
27
Calls
$7K
Puts
$826K
Net Calls
-$819K
Net Calls Change
-$819K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$692M +$76.7M +1,174,390 +13%
Vanguard Group
2
Vanguard Group
Pennsylvania
$550M +$15.1M +231,431 +3%
Cohen & Steers
3
Cohen & Steers
New York
$344M -$67.3M -1,029,888 -17%
Principal Financial Group
4
Principal Financial Group
Iowa
$214M +$98.3M +1,504,605 +88%
State Street
5
State Street
Massachusetts
$183M +$5.38M +82,272 +3%
CIM
6
Centersquare Investment Management
Pennsylvania
$103M +$92.3M +1,412,948 +1,008%
ZP
7
Zimmer Partners
New York
$103M +$3.4M +52,091 +3%
Deutsche Bank
8
Deutsche Bank
Germany
$102M -$10.8M -165,908 -10%
AAMU
9
APG Asset Management US
New York
$91.1M
Northern Trust
10
Northern Trust
Illinois
$75.2M -$8.43M -129,000 -10%
N
11
Nuveen
North Carolina
$74.4M -$9.35M -143,086 -11%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$70M -$1.14M -17,455 -2%
Russell Investments Group
13
Russell Investments Group
United Kingdom
$69.4M -$12.6M -192,580 -16%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$66.4M -$251K -3,835 -0.4%
Daiwa Securities Group
15
Daiwa Securities Group
Japan
$66.1M +$64.1M +980,283 +8,073%
LIMS
16
Lasalle Investment Management Securities
Maryland
$65M +$23.4M +357,757 +58%
Sumitomo Mitsui Trust Group
17
Sumitomo Mitsui Trust Group
Japan
$64.5M +$20.1M +306,951 +46%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$59.5M +$3.69M +56,395 +7%
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$49.2M +$2.62M +40,047 +6%
HRES
20
Heitman Real Estate Securities
Illinois
$48.4M +$324K +4,959 +0.7%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$44.7M -$1.51M -23,066 -3%
Citadel Advisors
22
Citadel Advisors
Florida
$43.7M -$41.5M -634,755 -49%
Norges Bank
23
Norges Bank
Norway
$39.5M +$3.91M +59,837 +11%
Ameriprise
24
Ameriprise
Minnesota
$39.3M +$4.47M +68,462 +13%
Charles Schwab
25
Charles Schwab
California
$39.2M +$1.16M +17,792 +3%

ADC Hedge Fund Activity: Q4 2020 in Review

282 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q4 2020, worth a combined $4.27B — up 11% from $3.83B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new ADC positions and 27 closed out — a net gain of 10 holders — while 121 added to existing stakes and 90 trimmed.

The largest buyer was Principal Financial Group, adding an estimated $98.3M. The largest seller was Cohen & Steers, cutting an estimated $67.3M.

  • 282 institutional investors held Agree Realty (ADC) as of Q4 2020, up from 274 in Q3 2020.
  • Funds reported $4.27B of Agree Realty stock for Q4 2020, up 11% quarter-over-quarter.
  • 37 funds opened new Agree Realty positions in Q4 2020 and 27 closed out, a net change of +10 holders.
  • The largest Agree Realty buyer in Q4 2020 was Principal Financial Group, an estimated $98.3M added.
  • The largest Agree Realty seller in Q4 2020 was Cohen & Steers, an estimated $67.3M sold.

Based on aggregated 13F filings for Q4 2020.