Agree Realty
408 hedge funds and large institutions have $6.46B invested in Agree Realty in 2024 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 160 increasing their positions, 137 reducing their positions, and 41 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
44% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 41
17% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 137
13% more capital invested
Capital invested by funds: $5.71B → $6.46B (+$748M)
4.21% more ownership
Funds ownership: 99.33% → 103.54% (+4.2%)
3% more funds holding
Funds holding: 395 → 408 (+13)
23% less call options, than puts
Call options by funds: $8.52M | Put options by funds: $11.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$211M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$67M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$39.9M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$38.5M |
| 5 |
GA
GRS Advisors
Chicago,
Illinois
|
+$36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$63.9M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$29.2M |
| 3 |
AAMU
APG Asset Management US
New York
|
-$22.8M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$20.9M |
| 5 |
LPC
Long Pond Capital
New York
|
-$20.5M |
ADC Hedge Fund Activity: Q2 2024 in Review
408 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2024, worth a combined $6.46B — up 13% from $5.71B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new ADC positions and 41 closed out — a net gain of 18 holders — while 160 added to existing stakes and 137 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $211M. The largest seller was Principal Financial Group, cutting an estimated $63.9M.
- 408 institutional investors held Agree Realty (ADC) as of Q2 2024, up from 395 in Q1 2024.
- Funds reported $6.46B of Agree Realty stock for Q2 2024, up 13% quarter-over-quarter.
- 59 funds opened new Agree Realty positions in Q2 2024 and 41 closed out, a net change of +18 holders.
- The largest Agree Realty buyer in Q2 2024 was Cohen & Steers, an estimated $211M added.
- The largest Agree Realty seller in Q2 2024 was Principal Financial Group, an estimated $63.9M sold.
Based on aggregated 13F filings for Q2 2024.