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Agree Realty

466 hedge funds and large institutions have $9.36B invested in Agree Realty in 2025 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 202 increasing their positions, 140 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

297% more call options, than puts

Call options by funds: $21.9M | Put options by funds: $5.5M

46% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 41

44% more repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 140

7% more capital invested

Capital invested by funds: $8.74B → $9.36B (+$617M)

3% more funds holding

Funds holding: 451466 (+15)

0.53% less ownership

Funds ownership: 113.41%112.88% (-0.53%)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
466
Holders Change
+15
Holders Change %
+3.33%
% of All Funds
6.25%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.05%
New
60
Increased
202
Reduced
140
Closed
41
Calls
$21.9M
Puts
$5.5M
Net Calls
+$16.4M
Net Calls Change
+$12.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.15B +$26.7M +363,681 +2%
BlackRock
2
BlackRock
New York
$1B -$26.6M -362,921 -3%
Cohen & Steers
3
Cohen & Steers
New York
$762M +$7.27M +99,192 +1%
State Street
4
State Street
Massachusetts
$417M +$8.76M +119,519 +2%
Principal Financial Group
5
Principal Financial Group
Iowa
$206M -$4.32M -58,986 -2%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$203M +$27.7M +377,338 +18%
Deutsche Bank
7
Deutsche Bank
Germany
$195M +$427K +5,826 +0.2%
CIM
8
Centersquare Investment Management
Pennsylvania
$188M +$17.2M +234,641 +11%
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$182M +$9.21M +125,602 +6%
JP Morgan Chase
10
JP Morgan Chase
New York
$180M +$25.9M +353,884 +18%
Two Sigma Advisers
11
Two Sigma Advisers
New York
$160M +$67.4M +920,100 +79%
Macquarie Group
12
Macquarie Group
Australia
$149M -$12.6M -172,075 -8%
Prudential Financial
13
Prudential Financial
New Jersey
$144M +$68M +928,077 +99%
American Century Companies
14
American Century Companies
Missouri
$135M -$10.5M -143,017 -8%
Morgan Stanley
15
Morgan Stanley
New York
$133M +$24.2M +330,522 +24%
Charles Schwab
16
Charles Schwab
California
$131M +$3.64M +49,645 +3%
Invesco
17
Invesco
Georgia
$128M -$40.5M -552,994 -25%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$122M +$2.27M +31,030 +2%
Northern Trust
19
Northern Trust
Illinois
$119M +$1.71M +23,302 +2%
Two Sigma Investments
20
Two Sigma Investments
New York
$116M +$41.7M +569,390 +61%
Raymond James Financial
21
Raymond James Financial
Florida
$113M +$1.51M +20,575 +1%
Russell Investments Group
22
Russell Investments Group
United Kingdom
$98.5M +$16.8M +228,611 +22%
Balyasny Asset Management
23
Balyasny Asset Management
Illinois
$92.2M +$74.2M +1,012,363 +554%
Alyeska Investment Group
24
Alyeska Investment Group
Illinois
$90.3M +$7.27M +99,155 +9%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$84M -$9.67M -131,902 -11%

ADC Hedge Fund Activity: Q1 2025 in Review

466 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q1 2025, worth a combined $9.36B — up 7.1% from $8.74B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new ADC positions and 41 closed out — a net gain of 19 holders — while 202 added to existing stakes and 140 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $74.2M. The largest seller was Long Pond Capital, exiting entirely with an estimated $213M sold.

  • 466 institutional investors held Agree Realty (ADC) as of Q1 2025, up from 451 in Q4 2024.
  • Funds reported $9.36B of Agree Realty stock for Q1 2025, up 7.1% quarter-over-quarter.
  • 60 funds opened new Agree Realty positions in Q1 2025 and 41 closed out, a net change of +19 holders.
  • The largest Agree Realty buyer in Q1 2025 was Balyasny Asset Management, an estimated $74.2M added.
  • The largest Agree Realty seller in Q1 2025 was Long Pond Capital, an estimated $213M sold.

Based on aggregated 13F filings for Q1 2025.