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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, Q4 2023

Institutional positions in Agree Realty Corp as of Dec 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
367
0 vs. Q3 2023
Shares held
101.9M
+6.67M (+7.0%) vs. Q3 2023
Total value
$6.42B
+$1.15B (+21.9%) vs. Q3 2023
New holders
54
157 more added
Sold out
54
111 more reduced

5 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: 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 holdersQ4 2023: 367 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 heldQ4 2023: $6.42B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Agree Realty Corp; share changes are against Q3 2023.

Institutions holding ADC in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Clarkston Capital Partners, LLC4,700$295.9K0.01%00.0%Unchanged
Norinchukin Bank, The4,818$303.3K0.01%+10.0%Added
Coldstream Capital Management Inc4,838$304.6K0.01%+4,838New
Abel Hall, LLC5,044$317.5K0.27%+5,044New
MML Investors Services, LLC5,082$320.0K0.00%+352+7.4%Added
Carmel Capital Partners, LLC5,128$322.8K0.16%+913+21.7%Added
ProShare Advisors LLC5,288$332.9K0.00%+88+1.7%Added
Trust Point Inc.5,322$335.0K0.03%+5,322New
Gilman Hill Asset Management, LLC5,333$335.7K0.06%−6,947−56.6%Reduced
Baird Financial Group, Inc.5,416$340.9K0.00%−1,110−17.0%Reduced
Utah Retirement Systems5,500$346.2K0.00%+500+10.0%Added
Park Avenue Securities LLC5,521$348.0K0.00%+258+4.9%Added
Raymond James Trust N.A.5,654$355.9K0.01%−446−7.3%Reduced
Hennion & Walsh Asset Management, Inc.5,686$357.9K0.02%−249−4.2%Reduced
Panagora Asset Management Inc6,005$378.0K0.00%00.0%Unchanged
Azzad Asset Management Inc6,132$386.0K0.05%+405+7.1%Added
Commonwealth Equity Services, LLC6,193$390.0K0.00%+1,959+46.3%Added
Atlantic Union Bankshares Corp6,360$400.4K0.04%−145−2.2%Reduced
Pathstone Holdings, LLC6,451$406.1K0.00%+6,451New
Kovack Advisors, Inc.6,549$412.3K0.05%+1,383+26.8%Added
James Investment Research Inc6,550$412.3K0.05%00.0%Unchanged
Bank of Nova Scotia6,572$413.7K0.00%−503−7.1%Reduced
Metis Global Partners, LLC6,603$415.7K0.02%+958+17.0%Added
Vontobel Holding Ltd.6,618$416.6K0.00%+6,618New
Commerce Bank6,620$416.7K0.00%−180−2.6%Reduced
Prelude Capital Management, LLC6,698$421.6K0.04%+6,698New
Sequoia Financial Advisors, LLC6,715$422.7K0.01%+97+1.5%Added
DoubleLine ETF Adviser LP6,899$434.3K0.13%+6,899New
Bessemer Group Inc6,941$437.0K0.00%−566−7.5%Reduced
Crossmark Global Holdings, Inc.7,017$442.0K0.01%−427−5.7%Reduced
Maryland State Retirement & Pension System7,032$442.7K0.01%00.0%Unchanged
HTLF Bank7,187$452.4K0.05%+7,187New
Envestnet Portfolio Solutions, Inc.7,223$454.7K0.00%−1,531−17.5%Reduced
Harvest Portfolios Group Inc.7,261$457.1K0.02%+478+7.0%Added
Signaturefd, LLC7,364$463.6K0.01%+3,507+90.9%Added
Applied Capital LLC7,457$469.4K0.43%+174+2.4%Added
CI Private Wealth, LLC7,645$481.3K0.00%+787+11.5%Added
Pitcairn Co7,701$484.8K0.04%−8−0.1%Reduced
Jump Financial, LLC7,807$491.5K0.02%−84,826−91.6%Reduced
Public Employees Retirement Association of Colorado7,909$498.0K0.00%00.0%Unchanged
CSU Producer Resources, Inc.8,000$503.6K1.77%00.0%Unchanged
1620 Investment Advisors, Inc.8,098$509.8K0.56%+160+2.0%Added
PEAK6 Investments LLC8,128$511.7K0.02%+704+9.5%Added
Spirit of America Management Corp8,250$519.3K0.11%00.0%Unchanged
Great Lakes Advisors, LLC8,399$528.7K0.01%−7,948−48.6%Reduced
Intrust Bank NA8,428$530.5K0.06%+2,530+42.9%Added
Securian Asset Management, Inc8,483$534.0K0.02%+330+4.0%Added
Cornercap Investment Counsel Inc8,916$561.3K0.09%+152+1.7%Added
Texas Yale Capital Corp.9,195$578.8K0.03%00.0%Unchanged
Federated Hermes, Inc.9,424$593.2K0.00%−3,732−28.4%Reduced
Toronto Dominion Bank9,576$602.8K0.00%−967−9.2%Reduced
The PNC Financial Services Group, Inc.9,905$623.5K0.00%+1,338+15.6%Added
Fox Run Management, L.L.C.10,024$631.0K0.16%+3,855+62.5%Added
Illinois Municipal Retirement Fund10,369$653.0K0.01%00.0%Unchanged
Cetera Advisor Networks LLC10,622$668.7K0.00%+121+1.2%Added
HighTower Advisors, LLC10,560$670.0K0.00%+723+7.3%Added
Captrust Financial Advisors11,143$701.5K0.00%+11,143New
Allianz Asset Management GmbH11,273$709.6K0.00%−34,627−75.4%Reduced
Versor Investments LP11,593$729.8K0.15%−607−5.0%Reduced
Mariner, LLC11,597$730.1K0.00%−133−1.1%Reduced
Vident Advisory, LLC11,787$742.0K0.02%−893−7.0%Reduced
Keybank National Association11,876$747.6K0.00%+4,842+68.8%Added
Xponance, Inc.12,053$758.7K0.01%+773+6.9%Added
Nissay Asset Management Corp12,488$786.1K0.01%+1,276+11.4%Added
Spouting Rock Asset Management, LLC12,521$788.2K0.29%00.0%Unchanged
LPL Financial LLC13,080$823.4K0.00%−545−4.0%Reduced
Oppenheimer Asset Management Inc.13,476$848.3K0.01%−1,004−6.9%Reduced
Advisor Group Holdings, Inc.13,520$852.3K0.00%−4,163−23.5%Reduced
Cambridge Investment Research Advisors, Inc.13,652$859.0K0.00%+574+4.4%Added
Campbell & CO Investment Adviser LLC13,655$859.6K0.08%+13,655New
Infrastructure Capital Advisors, LLC13,722$863.8K0.13%+13,722New
First Trust Advisors LP13,732$864.4K0.00%−606−4.2%Reduced
Inceptionr LLC14,112$888.4K0.63%+14,112New
Schnieders Capital Management LLC14,260$897.7K0.20%+14,260New
Pictet & Cie (Europe) SA14,676$923.9K0.03%+1,640+12.6%Added
Silvercrest Asset Management Group LLC14,747$928.3K0.01%00.0%Unchanged
Center for Financial Planning, Inc.14,834$933.8K0.17%00.0%Unchanged
Squarepoint Ops LLC14,888$937.2K0.00%−56,706−79.2%Reduced
Degroof Petercam Asset Management15,200$956.8K0.01%+15,200New
Assetmark, Inc15,492$975.2K0.00%+4,023+35.1%Added
US Bancorp15,516$976.7K0.00%−300−1.9%Reduced
Millennium Management LLC15,693$987.9K0.00%−284,978−94.8%Reduced
Algert Global LLC16,270$1.02M0.04%+16,270New
Cincinnati Specialty Underwriters Insurance CO16,500$1.04M0.34%00.0%Unchanged
JustInvest LLC16,797$1.06M0.03%+10,405+162.8%Added
Capital Square, LLC17,928$1.13M1.28%−610−3.3%Reduced
State of Tennessee, Treasury Department18,100$1.14M0.00%+18,100New
Standard Life Aberdeen plc18,314$1.15M0.00%−269−1.4%Reduced
Handelsbanken Fonder AB18,337$1.15M0.01%00.0%Unchanged
D. E. Shaw & Co., Inc.18,942$1.19M0.00%−205,918−91.6%Reduced
Dana Investment Advisors, Inc.19,224$1.21M0.06%−1,297−6.3%Reduced
Pacer Advisors, Inc.20,096$1.27M0.00%+12,000+148.2%Added
Nicola Wealth Management Ltd.15,200$1.27M0.13%−10,300−40.4%Reduced
Moran Wealth Management, LLC20,267$1.28M0.05%−586−2.8%Reduced
SG Americas Securities, LLC20,365$1.28M0.01%−3,348−14.1%Reduced
New Mexico Educational Retirement Board20,700$1.30M0.05%+2,600+14.4%Added
Jane Street Group, LLC21,153$1.33M0.00%+14,530+219.4%Added
Tower Research Capital LLC (TRC)21,397$1.35M0.02%+15,963+293.8%Added
Brevan Howard Capital Management LP21,424$1.35M0.14%+12,150+131.0%Added
Ameritas Investment Partners, Inc.22,195$1.40M0.05%+604+2.8%Added