Agree Realty
431 hedge funds and large institutions have $8.37B invested in Agree Realty in 2024 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 164 increasing their positions, 157 reducing their positions, and 32 closing their positions.
88% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 32
68% more call options, than puts
Call options by funds: $8.63M | Put options by funds: $5.13M
30% more capital invested
Capital invested by funds: $6.46B → $8.37B (+$1.92B)
7.26% more ownership
Funds ownership: 103.6% → 110.85% (+7.3%)
6% more funds holding
Funds holding: 408 → 431 (+23)
4% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 157
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$150M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$139M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$123M |
| 4 |
JP Morgan Chase
New York
|
+$70.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$66.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$68.6M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$57M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$53.3M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$51.7M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$40M |
ADC Hedge Fund Activity: Q3 2024 in Review
431 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2024, worth a combined $8.37B — up 30% from $6.46B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new ADC positions and 32 closed out — a net gain of 28 holders — while 164 added to existing stakes and 157 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $150M. The largest seller was PGGM Investments, cutting an estimated $68.6M.
- 431 institutional investors held Agree Realty (ADC) as of Q3 2024, up from 408 in Q2 2024.
- Funds reported $8.37B of Agree Realty stock for Q3 2024, up 30% quarter-over-quarter.
- 60 funds opened new Agree Realty positions in Q3 2024 and 32 closed out, a net change of +28 holders.
- The largest Agree Realty buyer in Q3 2024 was Cohen & Steers, an estimated $150M added.
- The largest Agree Realty seller in Q3 2024 was PGGM Investments, an estimated $68.6M sold.
Based on aggregated 13F filings for Q3 2024.