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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 2024

Institutional positions in Agree Realty Corp as of Dec 31, 2024. 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
451
+28 vs. Q3 2024
Shares held
117.4M
+7.37M (+6.7%) vs. Q3 2024
Total value
$8.27B
−$73.4K (0.0%) vs. Q3 2024
New holders
67
191 more added
Sold out
39
132 more reduced

8 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 451 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 2024: $8.27B
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 2024

Shares, value and share of portfolio for each institution holding Agree Realty Corp; share changes are against Q3 2024.

Institutions holding ADC in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc14,549,952$1.03B0.02%+219,806+1.5%Added
BlackRock, Inc.13,360,352$941.2M0.02%+179,121+1.4%Added
Cohen & Steers, Inc.9,767,632$688.1M1.30%+2,937,147+43.0%Added
State Street Corp5,264,022$372.2M0.01%+298,515+6.0%Added
Long Pond Capital, LP3,029,301$213.4M11.26%00.0%Unchanged
Principal Financial Group Inc2,728,319$192.2M0.10%−1,458,530−34.8%Reduced
Deutsche Bank AG2,522,404$177.7M0.07%−1,1850.0%Reduced
Daiwa Securities Group Inc.2,233,377$157.3M0.70%−116,679−5.0%Reduced
Invesco Ltd.2,212,852$155.9M0.03%+1,020,512+85.6%Added
Centersquare Investment Management LLC2,197,319$154.8M1.63%−341,008−13.4%Reduced
Geode Capital Management, LLC2,132,252$150.3M0.01%+57,492+2.8%Added
Macquarie Group Ltd2,106,115$148.4M0.18%−204,061−8.8%Reduced
JPMorgan Chase & Co1,984,335$139.8M0.01%−1,662,191−45.6%Reduced
American Century Companies Inc1,894,047$133.4M0.08%−524,814−21.7%Reduced
FMR LLC1,662,947$117.2M0.01%−575,837−25.7%Reduced
Charles Schwab Investment Management Inc1,645,652$115.9M0.02%+57,297+3.6%Added
Dimensional Fund Advisors LP1,550,140$109.2M0.03%+23,162+1.5%Added
Northern Trust Corp1,523,280$107.3M0.02%+718,114+89.2%Added
Raymond James Financial Inc1,439,058$101.4M0.04%+1,439,058New
Morgan Stanley1,396,791$98.4M0.01%−406,855−22.6%Reduced
Bank of New York Mellon Corp1,219,512$85.9M0.02%+85,664+7.6%Added
Millennium Management LLC1,171,297$82.5M0.07%+1,068,271+1,036.9%Added
Two Sigma Advisers, LP1,157,587$81.6M0.19%+443,200+62.0%Added
Nuveen Asset Management, LLC1,142,036$80.5M0.02%+395,646+53.0%Added
Alyeska Investment Group, L.P.1,070,951$75.4M0.28%+589,349+122.4%Added
GW&K Investment Management, LLC1,056,071$74.4M0.63%+4,863+0.5%Added
Russell Investments Group, Ltd.1,047,485$73.8M0.10%−12,636−1.2%Reduced
Frontier Capital Management Co LLC1,030,205$72.6M0.69%−101,165−8.9%Reduced
Thrivent Financial for Lutherans1,012,468$71.3M0.14%−340,612−25.2%Reduced
Prudential Financial Inc940,539$66.3M0.09%−323,246−25.6%Reduced
Two Sigma Investments, LP928,033$65.4M0.15%+133,392+16.8%Added
Janus Henderson Group PLC804,449$56.7M0.03%+995+0.1%Added
Cincinnati Insurance Co789,500$55.6M0.98%00.0%Unchanged
Voloridge Investment Management, LLC775,106$54.6M0.19%+275,221+55.1%Added
Heitman Real Estate Securities LLC739,661$52.1M3.35%−10,647−1.4%Reduced
Resolution Capital Ltd714,815$50.4M0.91%+288,675+67.7%Added
Citigroup Inc713,045$50.2M0.05%+365,549+105.2%Added
UBS Asset Management Americas Inc707,421$49.8M0.01%+594,080+524.2%Added
Norges Bank693,570$48.9M0.01%+60,055+9.5%Added
William Blair Investment Management, LLC691,517$48.7M0.12%+1800.0%Added
Allspring Global Investments Holdings, LLC698,344$48.7M0.08%−22,074−3.1%Reduced
Legal & General Group Plc662,520$46.7M0.01%−24,459−3.6%Reduced
Wellington Management Group LLP590,845$41.6M0.01%+513,571+664.6%Added
Deprince Race & Zollo Inc540,940$38.1M0.76%−294,914−35.3%Reduced
Bank of America Corp525,232$37.0M0.00%+44,823+9.3%Added
GEM Realty Capital509,719$35.9M3.54%+509,719New
California Public Employees Retirement System483,836$34.1M0.02%+15,279+3.3%Added
Leeward Investments, LLC - MA473,384$33.3M1.66%−27,787−5.5%Reduced
Bahl & Gaynor Inc471,020$33.2M0.18%+51,075+12.2%Added
ExodusPoint Capital Management, LP462,446$32.6M0.34%−49,489−9.7%Reduced
SEI Investments Co454,253$32.0M0.04%+216,852+91.3%Added
Price T Rowe Associates Inc427,968$30.2M0.00%+12,419+3.0%Added
T. Rowe Price Investment Management, Inc.419,901$29.6M0.02%−53,851−11.4%Reduced
Cbre Clarion Securities LLC413,270$29.1M0.52%−9,787−2.3%Reduced
D. E. Shaw & Co., Inc.412,928$29.1M0.03%+181,455+78.4%Added
Sumitomo Mitsui Trust Holdings, Inc.362,723$25.6M0.02%+22,525+6.6%Added
Hudson Bay Capital Management LP362,349$25.5M0.15%+228,470+170.7%Added
APG Asset Management US Inc.360,343$25.4M0.19%+360,343New
Wells Fargo & Company344,406$24.3M0.01%−271−0.1%Reduced
Brookfield Asset Management Inc.343,013$24.2M0.15%−21,685−5.9%Reduced
Hazelview Securities Inc.334,949$23.6M4.30%+334,949New
Systematic Financial Management LP327,760$23.1M0.59%+14,016+4.5%Added
Loomis Sayles & Co L P323,852$22.8M0.03%+5,021+1.6%Added
Rhumbline Advisers318,379$22.4M0.02%+8,276+2.7%Added
Envestnet Asset Management Inc301,751$21.3M0.01%+10,446+3.6%Added
State of New Jersey Common Pension Fund D299,246$21.1M0.09%00.0%Unchanged
AQR Capital Management LLC279,930$19.7M0.03%−136,796−32.8%Reduced
Royal Bank of Canada272,009$19.2M0.00%−14,237−5.0%Reduced
Citadel Advisors LLC267,423$18.8M0.02%+151,046+129.8%Added
Goldman Sachs Group Inc265,667$18.7M0.00%−17,067−6.0%Reduced
Marshall Wace, LLP261,974$18.5M0.02%+60,768+30.2%Added
Waterfront Capital Partners, LLC253,466$17.9M3.34%−29,629−10.5%Reduced
Fort Washington Investment Advisors Inc251,287$17.7M0.11%−78,840−23.9%Reduced
Public Employees Retirement System of Ohio216,145$15.2M0.05%+216,145New
Soros Fund Management LLCSuperinvestorSoros Fund Management215,000$15.1M0.26%+215,000New
Lighthouse Investment Partners, LLC210,000$14.8M0.57%+10,000+5.0%Added
New York State Common Retirement Fund209,905$14.8M0.02%−143,289−40.6%Reduced
Lasalle Investment Management Securities LLC208,820$14.7M0.62%+18,188+9.5%Added
Asset Management One Co.,Ltd.201,602$14.2M0.05%+509+0.3%Added
STRS Ohio201,170$14.2M0.06%−29,382−12.7%Reduced
Great West Life Assurance Co199,658$14.1M0.02%+8,576+4.5%Added
Swiss National Bank197,982$13.9M0.01%+1,500+0.8%Added
Sophron Capital Management L.P.190,100$13.4M5.29%+190,100New
Tudor Investment Corp Et Al188,075$13.2M0.14%−76,572−28.9%Reduced
State of Wisconsin Investment Board187,491$13.2M0.03%+7,958+4.4%Added
Balyasny Asset Management LLC182,728$12.9M0.03%+31,972+21.2%Added
Tributary Capital Management, LLC178,873$12.6M0.98%−135,719−43.1%Reduced
Verition Fund Management LLC178,335$12.6M0.06%+121,549+214.0%Added
PGGM Investments164,648$11.6M0.15%00.0%Unchanged
Alliancebernstein L.P.151,735$10.7M0.00%−753−0.5%Reduced
Ceredex Value Advisors LLC143,982$10.1M0.20%−18,500−11.4%Reduced
Ameriprise Financial Inc142,128$10.0M0.00%−9,573−6.3%Reduced
Uniplan Investment Counsel, Inc.139,337$9.82M0.91%−2,995−2.1%Reduced
Nomura Asset Management Co Ltd138,370$9.75M0.03%+5,490+4.1%Added
UBS Group AG137,905$9.72M0.00%+17,552+14.6%Added
Retirement Systems of Alabama125,603$8.85M0.03%+3,643+3.0%Added
Barclays PLC123,728$8.72M0.00%−116,055−48.4%Reduced
Easterly Investment Partners LLC117,540$8.28M0.65%+117,540New
Fisher Asset Management, LLC117,065$8.25M0.00%+480.0%Added
Corebridge Financial, Inc.116,912$8.24M0.04%−1,802−1.5%Reduced