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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
Raymond James & Associates254,557$17.5M0.02%−2,696−1.0%Reduced
STRS Ohio263,017$18.0M0.08%−6,576−2.4%Reduced
Bahl & Gaynor Inc298,047$20.4M0.11%+22,682+8.2%Added
Great Lakes Advisors, LLC299,372$20.5M0.19%+78,074+35.3%Added
Rhumbline Advisers325,198$22.3M0.03%+34,534+11.9%Added
Bridgewater Associates, LP342,252$23.5M0.14%+74,798+28.0%Added
Loomis Sayles & Co L P342,474$23.5M0.04%−15,554−4.3%Reduced
Aew Capital Management L P366,960$25.2M0.94%−74,060−16.8%Reduced
Cincinnati Insurance Co382,000$26.2M0.53%00.0%Unchanged
Bank of America Corp404,341$27.7M0.00%+67,295+20.0%Added
Cincinnati Financial Corp407,500$28.0M0.68%00.0%Unchanged
Wells Fargo & Company413,446$28.4M0.01%−14,044−3.3%Reduced
State of New Jersey Common Pension Fund D423,049$29.0M0.10%+2,624+0.6%Added
Millennium Management LLC427,048$29.3M0.03%+427,048New
William Blair Investment Management, LLC427,582$29.3M0.10%+427,582New
APG Asset Management US Inc.441,488$30.3M0.25%−34,340−7.2%Reduced
UBS Asset Management Americas Inc450,684$30.9M0.01%+450,684New
California Public Employees Retirement System457,995$31.4M0.03%+80,258+21.2%Added
Macquarie Group Ltd484,985$33.3M0.04%−50,390−9.4%Reduced
Point72 Asset Management, L.P.487,121$33.4M0.12%−86,064−15.0%Reduced
Frontier Capital Management Co LLC532,909$36.6M0.38%−79,931−13.0%Reduced
Two Sigma Investments, LP596,432$40.9M0.12%+92,993+18.5%Added
American Century Companies Inc610,543$41.9M0.03%+28,647+4.9%Added
Two Sigma Advisers, LP625,487$42.9M0.11%+32,200+5.4%Added
Prudential Financial Inc607,190$44.6M0.07%−164,254−21.3%Reduced
Balyasny Asset Management LLC691,423$47.4M0.16%+395,040+133.3%Added
Scout Investments, Inc.701,999$48.2M0.98%−14,363−2.0%Reduced
Legal & General Group Plc705,170$48.4M0.02%−74,633−9.6%Reduced
Brookfield Asset Management Inc.740,665$50.8M0.20%−121,725−14.1%Reduced
Heitman Real Estate Securities LLC772,554$53.0M2.66%+77,949+11.2%Added
Sumitomo Mitsui Trust Holdings, Inc.821,176$56.3M0.04%+115,929+16.4%Added
Norges Bank883,095$60.6M0.01%+632,476+252.4%Added
Deprince Race & Zollo Inc913,668$62.7M1.45%+187,224+25.8%Added
Lasalle Investment Management Securities LLC923,401$63.4M2.51%+206,655+28.8%Added
Goldman Sachs Group Inc934,456$64.1M0.02%+191,393+25.8%Added
Wellington Management Group LLP952,116$65.3M0.01%−936,684−49.6%Reduced
Russell Investments Group, Ltd.1,038,918$71.2M0.14%−30,960−2.9%Reduced
Thrivent Financial for Lutherans1,045,121$71.7M0.17%−32,246−3.0%Reduced
Cohen & Steers, Inc.1,134,787$77.9M0.17%+49,919+4.6%Added
Citadel Advisors LLC1,157,728$79.4M0.09%+11,527+1.0%Added
Daiwa Securities Group Inc.1,161,805$79.7M0.55%+53,039+4.8%Added
Nuveen Asset Management, LLC1,169,622$80.2M0.03%−63,641−5.2%Reduced
GW&K Investment Management, LLC1,193,383$81.9M0.79%+10,132+0.9%Added
Dimensional Fund Advisors LP1,257,809$86.3M0.03%+106,979+9.3%Added
Janus Henderson Group PLC1,285,727$88.2M0.06%+278,190+27.6%Added
Zimmer Partners, LP1,290,000$88.5M1.82%−181,453−12.3%Reduced
Bank of New York Mellon Corp1,336,759$91.7M0.02%+18,892+1.4%Added
Northern Trust Corp1,387,116$95.2M0.02%+177,369+14.7%Added
Charles Schwab Investment Management Inc1,409,930$96.7M0.03%+7,522+0.5%Added
Invesco Ltd.1,503,029$103.1M0.03%+365,267+32.1%Added
JPMorgan Chase & Co1,592,060$109.2M0.01%+400,084+33.6%Added
Geode Capital Management, LLC2,007,925$138.6M0.02%+126,470+6.7%Added
Morgan Stanley2,147,177$147.3M0.02%−359,598−14.3%Reduced
Deutsche Bank AG3,016,226$206.9M0.12%−318,323−9.5%Reduced
Centersquare Investment Management LLC3,138,675$215.3M2.58%−147,378−4.5%Reduced
State Street Corp5,326,575$366.7M0.02%−4,669−0.1%Reduced
Principal Financial Group Inc5,795,762$397.6M0.28%+81,186+1.4%Added
BlackRock Inc.13,438,061$922.0M0.03%−3,725,431−21.7%Reduced
Vanguard Group Inc13,495,347$925.9M0.02%−474,834−3.4%Reduced
Cerity Partners LLC2,895––+2,895New
Public Sector Pension Investment Board0$00.00%−161,139−100.0%Sold out
State of Tennessee, Treasury Department0$00.00%−52,546−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−45,676−100.0%Sold out
Maryland State Retirement & Pension System0$00.00%−36,460−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−25,400−100.0%Sold out
Walleye Capital LLC0$00.00%−20,621−100.0%Sold out
Squarepoint Ops LLC0$00.00%−20,595−100.0%Sold out
Gyon Technologies Capital Management, LP0$00.00%−16,024−100.0%Sold out
AE Wealth Management LLC0$00.00%−14,696−100.0%Sold out
Everence Capital Management Inc0$00.00%−14,010−100.0%Sold out
Holocene Advisors, LP0$00.00%−12,877−100.0%Sold out
Summit Global Investments0$00.00%−11,989−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−9,120−100.0%Sold out
Janney Montgomery Scott LLC0$00.00%−8,252−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−7,300−100.0%Sold out
Park Avenue Securities LLC0$00.00%−7,119−100.0%Sold out
KBC Group NV0$00.00%−6,604−100.0%Sold out
MML Investors Services, LLC0$00.00%−6,141−100.0%Sold out
CIBC Asset Management Inc0$00.00%−4,513−100.0%Sold out
Veriti Management LLC0$00.00%−3,776−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−3,752−100.0%Sold out
Captrust Financial Advisors0$00.00%−3,407−100.0%Sold out
Evergreen Capital Management LLC0$00.00%−3,051−100.0%Sold out
Pinnacle Wealth Planning Services, Inc.0$00.00%−2,859−100.0%Sold out
Oak Harbor Wealth Partners, LLC0$00.00%−2,833−100.0%Sold out
Chiron Investment Management, LLC0$00.00%−2,437−100.0%Sold out
Sutton Wealth Advisors Inc.0$00.00%−1,171−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−1,144−100.0%Sold out
Coppell Advisory Solutions LLC0$00.00%−1,000−100.0%Sold out
Coppell Advisory Solutions Corp.0$00.00%−1,000−100.0%Sold out
Newbridge Financial Services Group, Inc.0$00.00%−619−100.0%Sold out
Comerica Securities,inc.0$00.00%−586−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−435−100.0%Sold out
Accurate Wealth Management, LLC0$00.00%−309−100.0%Sold out
Parkside Financial Bank & Trust0$00.00%−204−100.0%Sold out
Prestige Wealth Management Group LLC0$00.00%−40−100.0%Sold out
Fiduciary Alliance LLC0$00.00%−36−100.0%Sold out
GWM Advisors LLC0$00.00%−18−100.0%Sold out
Rothschild & Co Asset Management US Inc.––––Not filed
Comerica Bank––––Not filed