Agree Realty
367 hedge funds and large institutions have $6.42B invested in Agree Realty in 2023 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 158 increasing their positions, 110 reducing their positions, and 54 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
44% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 110
22% more capital invested
Capital invested by funds: $5.27B → $6.42B (+$1.15B)
2.41% more ownership
Funds ownership: 99.08% → 101.5% (+2.4%)
0% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 54
1% less funds holding
Funds holding: 372 → 367 (-5)
53% less call options, than puts
Call options by funds: $3.96M | Put options by funds: $8.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$171M |
| 2 |
JP Morgan Chase
New York
|
+$131M |
| 3 |
BlackRock
New York
|
+$46.4M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$41.7M |
| 5 |
Janus Henderson Group
London,
|
+$33.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$74.8M |
| 2 |
GA
GRS Advisors
Chicago,
Illinois
|
-$30.2M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$26.6M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$22.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$21.5M |
ADC Hedge Fund Activity: Q4 2023 in Review
367 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q4 2023, worth a combined $6.42B — up 22% from $5.27B a quarter earlier.
Fund positioning in ADC was balanced in Q4 2023: 54 funds opened new positions, 54 closed out, 158 added to existing stakes and 110 trimmed.
The largest buyer was Zimmer Partners, adding an estimated $171M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $74.8M sold.
- 367 institutional investors held Agree Realty (ADC) as of Q4 2023, down from 372 in Q3 2023.
- Funds reported $6.42B of Agree Realty stock for Q4 2023, up 22% quarter-over-quarter.
- 54 funds opened new Agree Realty positions in Q4 2023 and 54 closed out, a net change of 0 holders.
- The largest Agree Realty buyer in Q4 2023 was Zimmer Partners, an estimated $171M added.
- The largest Agree Realty seller in Q4 2023 was Balyasny Asset Management, an estimated $74.8M sold.
Based on aggregated 13F filings for Q4 2023.