Agree Realty
312 hedge funds and large institutions have $5.47B invested in Agree Realty in 2021 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 144 increasing their positions, 74 reducing their positions, and 38 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 74
54% more call options, than puts
Call options by funds: $2.84M | Put options by funds: $1.85M
32% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 38
19% more capital invested
Capital invested by funds: $4.58B → $5.47B (+$890M)
6.85% more ownership
Funds ownership: 107.04% → 113.89% (+6.8%)
4% more funds holding
Funds holding: 301 → 312 (+11)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$265M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$74.4M |
| 3 |
BlackRock
New York
|
+$62.8M |
| 4 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$58.2M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$50.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$36.3M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$25.7M |
| 3 |
Millennium Management
New York
|
-$21.3M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$20.6M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$9.26M |
ADC Hedge Fund Activity: Q2 2021 in Review
312 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2021, worth a combined $5.47B — up 19% from $4.58B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new ADC positions and 38 closed out — a net gain of 12 holders — while 144 added to existing stakes and 74 trimmed.
The largest buyer was Jefferies Group, opening a new position worth an estimated $265M. The largest seller was Cohen & Steers, cutting an estimated $36.3M.
- 312 institutional investors held Agree Realty (ADC) as of Q2 2021, up from 301 in Q1 2021.
- Funds reported $5.47B of Agree Realty stock for Q2 2021, up 19% quarter-over-quarter.
- 50 funds opened new Agree Realty positions in Q2 2021 and 38 closed out, a net change of +12 holders.
- The largest Agree Realty buyer in Q2 2021 was Jefferies Group, an estimated $265M added.
- The largest Agree Realty seller in Q2 2021 was Cohen & Steers, an estimated $36.3M sold.
Based on aggregated 13F filings for Q2 2021.