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Agree Realty Corp

ADC
Exchange
NYSE
Industry
Real Estate Investment Trusts
SEC CIK
0000917251

In the last 90 days, Agree Realty Corp insiders filed 5 open-market purchases and 0 sales; 497 institutions reported holding it in 13F filings for Q2 2026, worth $10.8B in total; no superinvestor holds it.

Other share classesADC.PA

13F holders, Q1 2023

Institutional positions in Agree Realty Corp as of Mar 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
360
+10 vs. Q4 2022
Shares held
97.6M
−983.6K (−1.0%) vs. Q4 2022
Total value
$6.70B
−$247.7M (−3.6%) vs. Q4 2022
New holders
48
137 more added
Sold out
38
130 more reduced

8 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ADC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2023: 360 institutions
Q1 2021: 301 institutionsQ2 2021: 312 institutionsQ3 2021: 322 institutionsQ4 2021: 326 institutionsQ1 2022: 319 institutionsQ2 2022: 340 institutionsQ3 2022: 360 institutionsQ4 2022: 358 institutionsQ1 2023: 360 institutionsQ2 2023: 375 institutionsQ3 2023: 372 institutionsQ4 2023: 367 institutionsQ1 2024: 395 institutionsQ2 2024: 409 institutionsQ3 2024: 431 institutionsQ4 2024: 451 institutionsQ1 2025: 467 institutionsQ2 2025: 471 institutionsQ3 2025: 479 institutionsQ4 2025: 492 institutionsQ1 2026: 502 institutionsQ2 2026: 497 institutions
Value heldQ1 2023: $6.70B
Q1 2021: $4.58BQ2 2021: $5.47BQ3 2021: $4.84BQ4 2021: $5.44BQ1 2022: $5.18BQ2 2022: $6.22BQ3 2022: $6.34BQ4 2022: $6.97BQ1 2023: $6.70BQ2 2023: $6.23BQ3 2023: $5.27BQ4 2023: $6.42BQ1 2024: $5.71BQ2 2024: $6.46BQ3 2024: $8.39BQ4 2024: $8.27BQ1 2025: $9.36BQ2 2025: $9.15BQ3 2025: $8.97BQ4 2025: $9.33BQ1 2026: $10.5BQ2 2026: $10.8B
Institutions holding ADC and their total value by quarter
QuarterHoldersValue
Q2 2026497$10.8B
Q1 2026502$10.5B
Q4 2025492$9.33B
Q3 2025479$8.97B
Q2 2025471$9.15B
Q1 2025467$9.36B
Q4 2024451$8.27B
Q3 2024431$8.39B
Q2 2024409$6.46B
Q1 2024395$5.71B
Q4 2023367$6.42B
Q3 2023372$5.27B
Q2 2023375$6.23B
Q1 2023360$6.70B
Q4 2022358$6.97B
Q3 2022360$6.34B
Q2 2022340$6.22B
Q1 2022319$5.18B
Q4 2021326$5.44B
Q3 2021322$4.84B
Q2 2021312$5.47B
Q1 2021301$4.58B

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding Agree Realty Corp; share changes are against Q4 2022.

Institutions holding ADC in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc13,495,347$925.9M0.02%−474,834−3.4%Reduced
BlackRock Inc.13,438,061$922.0M0.03%−3,725,431−21.7%Reduced
Principal Financial Group Inc5,795,762$397.6M0.28%+81,186+1.4%Added
State Street Corp5,326,575$366.7M0.02%−4,669−0.1%Reduced
Centersquare Investment Management LLC3,138,675$215.3M2.58%−147,378−4.5%Reduced
Deutsche Bank AG3,016,226$206.9M0.12%−318,323−9.5%Reduced
Morgan Stanley2,147,177$147.3M0.02%−359,598−14.3%Reduced
Geode Capital Management, LLC2,007,925$138.6M0.02%+126,470+6.7%Added
JPMorgan Chase & Co1,592,060$109.2M0.01%+400,084+33.6%Added
Invesco Ltd.1,503,029$103.1M0.03%+365,267+32.1%Added
Charles Schwab Investment Management Inc1,409,930$96.7M0.03%+7,522+0.5%Added
Northern Trust Corp1,387,116$95.2M0.02%+177,369+14.7%Added
Bank of New York Mellon Corp1,336,759$91.7M0.02%+18,892+1.4%Added
Zimmer Partners, LP1,290,000$88.5M1.82%−181,453−12.3%Reduced
Janus Henderson Group PLC1,285,727$88.2M0.06%+278,190+27.6%Added
Dimensional Fund Advisors LP1,257,809$86.3M0.03%+106,979+9.3%Added
GW&K Investment Management, LLC1,193,383$81.9M0.79%+10,132+0.9%Added
Nuveen Asset Management, LLC1,169,622$80.2M0.03%−63,641−5.2%Reduced
Daiwa Securities Group Inc.1,161,805$79.7M0.55%+53,039+4.8%Added
Citadel Advisors LLC1,157,728$79.4M0.09%+11,527+1.0%Added
Cohen & Steers, Inc.1,134,787$77.9M0.17%+49,919+4.6%Added
Thrivent Financial for Lutherans1,045,121$71.7M0.17%−32,246−3.0%Reduced
Russell Investments Group, Ltd.1,038,918$71.2M0.14%−30,960−2.9%Reduced
Wellington Management Group LLP952,116$65.3M0.01%−936,684−49.6%Reduced
Goldman Sachs Group Inc934,456$64.1M0.02%+191,393+25.8%Added
Lasalle Investment Management Securities LLC923,401$63.4M2.51%+206,655+28.8%Added
Deprince Race & Zollo Inc913,668$62.7M1.45%+187,224+25.8%Added
Norges Bank883,095$60.6M0.01%+632,476+252.4%Added
Sumitomo Mitsui Trust Holdings, Inc.821,176$56.3M0.04%+115,929+16.4%Added
Heitman Real Estate Securities LLC772,554$53.0M2.66%+77,949+11.2%Added
Brookfield Asset Management Inc.740,665$50.8M0.20%−121,725−14.1%Reduced
Legal & General Group Plc705,170$48.4M0.02%−74,633−9.6%Reduced
Scout Investments, Inc.701,999$48.2M0.98%−14,363−2.0%Reduced
Balyasny Asset Management LLC691,423$47.4M0.16%+395,040+133.3%Added
Prudential Financial Inc607,190$44.6M0.07%−164,254−21.3%Reduced
Two Sigma Advisers, LP625,487$42.9M0.11%+32,200+5.4%Added
American Century Companies Inc610,543$41.9M0.03%+28,647+4.9%Added
Two Sigma Investments, LP596,432$40.9M0.12%+92,993+18.5%Added
Frontier Capital Management Co LLC532,909$36.6M0.38%−79,931−13.0%Reduced
Point72 Asset Management, L.P.487,121$33.4M0.12%−86,064−15.0%Reduced
Macquarie Group Ltd484,985$33.3M0.04%−50,390−9.4%Reduced
California Public Employees Retirement System457,995$31.4M0.03%+80,258+21.2%Added
UBS Asset Management Americas Inc450,684$30.9M0.01%+450,684New
APG Asset Management US Inc.441,488$30.3M0.25%−34,340−7.2%Reduced
William Blair Investment Management, LLC427,582$29.3M0.10%+427,582New
Millennium Management LLC427,048$29.3M0.03%+427,048New
State of New Jersey Common Pension Fund D423,049$29.0M0.10%+2,624+0.6%Added
Wells Fargo & Company413,446$28.4M0.01%−14,044−3.3%Reduced
Cincinnati Financial Corp407,500$28.0M0.68%00.0%Unchanged
Bank of America Corp404,341$27.7M0.00%+67,295+20.0%Added
Cincinnati Insurance Co382,000$26.2M0.53%00.0%Unchanged
Aew Capital Management L P366,960$25.2M0.94%−74,060−16.8%Reduced
Loomis Sayles & Co L P342,474$23.5M0.04%−15,554−4.3%Reduced
Bridgewater Associates, LP342,252$23.5M0.14%+74,798+28.0%Added
Rhumbline Advisers325,198$22.3M0.03%+34,534+11.9%Added
Great Lakes Advisors, LLC299,372$20.5M0.19%+78,074+35.3%Added
Bahl & Gaynor Inc298,047$20.4M0.11%+22,682+8.2%Added
STRS Ohio263,017$18.0M0.08%−6,576−2.4%Reduced
Raymond James & Associates254,557$17.5M0.02%−2,696−1.0%Reduced
Ameriprise Financial Inc233,052$16.0M0.01%−231,539−49.8%Reduced
Westpac Banking Corp222,676$15.3M0.21%+97,663+78.1%Added
Weiss Multi-Strategy Advisers LLC220,209$15.1M0.37%+87,049+65.4%Added
Alliancebernstein L.P.219,928$15.1M0.01%+84,162+62.0%Added
Uniplan Investment Counsel, Inc.215,922$14.8M1.05%−1,413−0.7%Reduced
Asset Management One Co.,Ltd.205,384$14.1M0.06%+736+0.4%Added
Adage Capital Partners GP, L.L.C.200,000$13.7M0.03%00.0%Unchanged
Swiss National Bank191,182$13.1M0.01%−1,600−0.8%Reduced
SEI Investments Co185,434$12.7M0.02%−34,269−15.6%Reduced
Fort Washington Investment Advisors Inc180,107$12.4M0.09%−46,645−20.6%Reduced
Guggenheim Capital LLC178,199$12.2M0.10%−859−0.5%Reduced
American International Group, Inc.178,029$12.2M0.08%+130,376+273.6%Added
Lighthouse Investment Partners, LLC165,000$11.3M0.98%+121,449+278.9%Added
Renaissance Technologies LLC163,100$11.2M0.01%−3,300−2.0%Reduced
Credit Suisse AG155,306$10.7M0.01%+3,768+2.5%Added
Great West Life Assurance Co150,666$10.3M0.03%−15,863−9.5%Reduced
Tributary Capital Management, LLC150,177$10.3M0.96%−103,850−40.9%Reduced
State of Wisconsin Investment Board149,659$10.3M0.03%−40,089−21.1%Reduced
ProShare Advisors LLC147,889$10.1M0.03%−6,155−4.0%Reduced
Envestnet Asset Management Inc146,894$10.1M0.00%−10,542−6.7%Reduced
Tudor Investment Corp Et Al145,913$10.0M0.19%+57,111+64.3%Added
UBS Oconnor LLC142,169$9.75M0.23%+142,169New
Allspring Global Investments Holdings, LLC141,984$9.74M0.02%−11,341−7.4%Reduced
Manning & Napier Group, LLC119,058$8.17M0.10%+23,160+24.2%Added
Public Employees Retirement System of Ohio118,765$8.15M0.03%+15,229+14.7%Added
Fisher Asset Management, LLC117,000$8.06M0.00%+117,000New
Retirement Systems of Alabama115,731$7.94M0.03%+115,731New
Susquehanna International Group, LLP112,358$7.71M0.01%+107,476+2,201.5%Added
California State Teachers Retirement System110,382$7.57M0.01%+5,975+5.7%Added
New York State Teachers Retirement System109,983$7.55M0.02%−9,943−8.3%Reduced
Marshall Wace, LLP106,791$7.33M0.02%−69,455−39.4%Reduced
Ergoteles LLC106,750$7.32M0.29%+106,750New
Franklin Resources Inc106,045$7.28M0.00%+18,516+21.2%Added
Mitsubishi UFJ Trust & Banking Corp104,224$7.15M0.02%+102,511+5,984.3%Added
Edgestream Partners, L.P.102,577$7.04M0.78%+41,733+68.6%Added
Eagle Asset Management Inc102,223$7.01M0.04%+3,577+3.6%Added
Barclays PLC101,540$6.97M0.01%+11,403+12.7%Added
Manufacturers Life Insurance Company, The100,075$6.87M0.00%+65,768+191.7%Added
Nomura Asset Management Co Ltd98,900$6.79M0.04%+1,220+1.2%Added
MetLife Investment Management98,339$6.75M0.05%+52,479+114.4%Added
Bridgeway Capital Management, LLC97,900$6.72M0.18%−2,000−2.0%Reduced