Agree Realty
395 hedge funds and large institutions have $5.71B invested in Agree Realty in 2024 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 164 increasing their positions, 123 reducing their positions, and 28 closing their positions.
107% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 28
33% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 123
8% more funds holding
Funds holding: 367 → 395 (+28)
2.17% less ownership
Funds ownership: 101.5% → 99.33% (-2.2%)
11% less capital invested
Capital invested by funds: $6.42B → $5.71B (-$716M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
65% less call options, than puts
Call options by funds: $6.22M | Put options by funds: $17.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$140M |
| 2 |
BlackRock
New York
|
+$50.5M |
| 3 |
Two Sigma Investments
New York
|
+$31.4M |
| 4 |
CI
Cincinnati Insurance
Fairfield,
Ohio
|
+$23.9M |
| 5 |
Millennium Management
New York
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$188M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$57.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$55.9M |
| 4 |
JP Morgan Chase
New York
|
-$46.9M |
| 5 |
State Street
Boston,
Massachusetts
|
-$27.4M |
ADC Hedge Fund Activity: Q1 2024 in Review
395 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q1 2024, worth a combined $5.71B — down 11% from $6.42B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new ADC positions and 28 closed out — a net gain of 30 holders — while 164 added to existing stakes and 123 trimmed.
The largest buyer was Long Pond Capital, adding an estimated $140M. The largest seller was Zimmer Partners, exiting entirely with an estimated $188M sold.
- 395 institutional investors held Agree Realty (ADC) as of Q1 2024, up from 367 in Q4 2023.
- Funds reported $5.71B of Agree Realty stock for Q1 2024, down 11% quarter-over-quarter.
- 58 funds opened new Agree Realty positions in Q1 2024 and 28 closed out, a net change of +30 holders.
- The largest Agree Realty buyer in Q1 2024 was Long Pond Capital, an estimated $140M added.
- The largest Agree Realty seller in Q1 2024 was Zimmer Partners, an estimated $188M sold.
Based on aggregated 13F filings for Q1 2024.