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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 2025

Institutional positions in Agree Realty Corp as of Mar 31, 2025. 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
467
+21 vs. Q4 2024
Shares held
121.2M
+4.94M (+4.2%) vs. Q4 2024
Total value
$9.36B
+$1.17B (+14.2%) vs. Q4 2024
New holders
62
201 more added
Sold out
41
140 more reduced

5 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 467 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 2025: $9.36B
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 2025

Shares, value and share of portfolio for each institution holding Agree Realty Corp; share changes are against Q4 2024.

Institutions holding ADC in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
GWM Advisors LLC2,870$221.6K0.00%−730−20.3%Reduced
TownSquare Capital, LLC2,963$228.7K0.00%+2,963New
HighPoint Advisor Group LLC2,963$229.1K0.01%−65−2.1%Reduced
1492 Capital Management LLC2,973$229.5K0.12%00.0%Unchanged
Longboard Asset Management, LP2,990$230.8K0.68%00.0%Unchanged
Rockland Trust Co3,020$233.1K0.01%00.0%Unchanged
QRG Capital Management, Inc.3,088$238.3K0.00%+3,088New
CIBC Asset Management Inc3,174$245.0K0.00%+52+1.7%Added
Fifth Third Wealth Advisors LLC3,200$247.0K0.01%−444−12.2%Reduced
NewEdge Wealth, LLC3,261$251.7K0.00%−149−4.4%Reduced
Clarkston Capital Partners, LLC3,300$254.7K0.01%−1,400−29.8%Reduced
Schechter Investment Advisors, LLC3,385$261.3K0.02%00.0%Unchanged
Y-Intercept (Hong Kong) Ltd3,405$262.8K0.02%+3,405New
Keel Point, LLC3,412$263.4K0.02%00.0%Unchanged
Resources Investment Advisors, LLC.3,440$265.5K0.00%−41−1.2%Reduced
CWM, LLC3,455$267.0K0.00%−8−0.2%Reduced
Bayforest Capital Ltd3,491$269.5K0.12%+3,491New
Regions Financial Corp3,605$278.3K0.00%−21−0.6%Reduced
Atomi Financial Group, Inc.3,704$285.9K0.01%+297+8.7%Added
Shelton Capital Management3,709$286.3K0.01%−231−5.9%Reduced
Creative Financial Designs Inc3,844$296.7K0.02%+743+24.0%Added
Bailard, Inc.3,890$300.3K0.01%00.0%Unchanged
NJ State Employees Deferred Compensation Plan4,000$308.8K0.04%00.0%Unchanged
EP Wealth Advisors, LLC4,007$309.3K0.00%−143−3.4%Reduced
Wealthspire Advisors, LLC4,185$323.0K0.00%−363−8.0%Reduced
KBC Group NV4,332$334.0K0.00%−39,229−90.1%Reduced
Bank of Nova Scotia4,363$336.8K0.00%−9,002−67.4%Reduced
Mercer Global Advisors Inc4,397$337.0K0.00%+4,397New
O'Shaughnessy Asset Management, LLC4,381$338.2K0.00%+512+13.2%Added
CAPROCK Group, Inc.4,388$340.3K0.01%+921+26.6%Added
Perbak Capital Partners LLP4,435$342.3K0.25%+4,435New
Evergreen Capital Management LLC4,441$343.9K0.01%+232+5.5%Added
Cornercap Investment Counsel Inc4,481$345.9K0.18%−68−1.5%Reduced
Fifth Third Bancorp4,518$348.7K0.00%−151−3.2%Reduced
ProShare Advisors LLC4,560$352.0K0.00%−268−5.6%Reduced
Baird Financial Group, Inc.4,615$356.2K0.00%−63−1.3%Reduced
J.W. Cole Advisors, Inc.4,617$356.4K0.01%+4,617New
AE Wealth Management LLC4,638$358.0K0.00%+4,638New
Sage Investment Counsel LLC4,683$361.5K0.46%+16+0.3%Added
Two Sigma Securities, LLC4,720$364.3K0.06%+4,720New
Sequoia Financial Advisors, LLC4,729$365.0K0.00%+139+3.0%Added
Greenleaf Trust4,835$373.2K0.00%+31+0.6%Added
Coldstream Capital Management Inc4,852$374.5K0.01%+117+2.5%Added
Norinchukin Bank, The4,939$381.2K0.01%+373+8.2%Added
Maryland State Retirement & Pension System4,994$385.5K0.01%−668−11.8%Reduced
Abel Hall, LLC5,124$395.5K0.24%+5+0.1%Added
Integrated Investment Consultants, LLC5,301$409.2K0.08%00.0%Unchanged
Fiduciary Trust Co5,455$421.1K0.01%+5,455New
Utah Retirement Systems5,460$421.5K0.00%−340−5.9%Reduced
Total Wealth Planning & Management, Inc.5,462$421.6K0.43%+98+1.8%Added
Nomura Holdings Inc5,559$429.1K0.00%−19,366−77.7%Reduced
Engineers Gate Manager LP5,803$447.9K0.01%−21,376−78.6%Reduced
Cambria Investment Management, L.P.5,827$449.8K0.03%+5,827New
Spire Wealth Management5,840$450.8K0.01%00.0%Unchanged
Trust Co of Toledo NA5,863$452.6K0.06%00.0%Unchanged
DoubleLine ETF Adviser LP5,980$461.6K0.15%−1,233−17.1%Reduced
Duff & Phelps Investment Management Co6,000$463.1K0.01%00.0%Unchanged
CI Private Wealth, LLC6,013$464.1K0.00%+462+8.3%Added
Atlantic Union Bankshares Corp6,040$466.2K0.03%00.0%Unchanged
Point72 Asset Management, L.P.6,108$471.4K0.00%+6,108New
Harvest Fund Management Co., Ltd6,110$472.0K0.02%+1,000+19.6%Added
Virtu Financial LLC6,198$478.0K0.03%+6,198New
Vestmark Advisory Solutions, Inc.6,200$478.6K0.01%+3,134+102.2%Added
Commerce Bank6,279$484.7K0.00%−124−1.9%Reduced
Sterling Capital Management LLC6,343$489.6K0.01%−659−9.4%Reduced
Envestnet Portfolio Solutions, Inc.6,407$494.6K0.00%−4,340−40.4%Reduced
United Services Automobile Association6,555$502.3K0.02%+6,555New
Ethos Financial Group, LLC6,554$505.9K0.05%+6,554New
Advisor Group Holdings, Inc.6,587$508.7K0.00%−1,617−19.7%Reduced
Journey Strategic Wealth LLC6,592$508.8K0.02%+229+3.6%Added
Graham Capital Management, L.P.6,632$511.9K0.02%+36+0.5%Added
Koshinski Asset Management, Inc.6,652$513.5K0.04%00.0%Unchanged
Golden State Equity Partners6,699$517.1K0.10%−643−8.8%Reduced
Pacer Advisors, Inc.6,730$519.5K0.00%−8,271−55.1%Reduced
Concurrent Investment Advisors, LLC6,778$523.2K0.01%+110+1.6%Added
Carmel Capital Partners, LLC6,824$526.7K0.21%−70−1.0%Reduced
Azzad Asset Management Inc6,884$531.3K0.06%+187+2.8%Added
Park Avenue Securities LLC6,888$532.0K0.01%−5−0.1%Reduced
Avantax Advisory Services, Inc.6,938$535.5K0.00%−355−4.9%Reduced
Atom Investors LP7,116$549.3K0.07%−91,118−92.8%Reduced
Commonwealth Equity Services, LLC7,260$560.0K0.00%+1,220+20.2%Added
Garden State Investment Advisory Services LLC7,329$565.7K0.18%+7,329New
Vident Advisory, LLC7,477$577.2K0.01%−2,817−27.4%Reduced
First National Advisers, LLC7,494$578.5K0.09%+7,494New
Virtus ETF Advisers LLC7,815$603.2K0.39%+5,440+229.1%Added
Crossmark Global Holdings, Inc.7,846$605.6K0.01%−12−0.2%Reduced
Public Employees Retirement Association of Colorado7,909$610.0K0.00%00.0%Unchanged
MML Investors Services, LLC7,955$614.0K0.00%−938−10.5%Reduced
Trust Point Inc.7,980$616.0K0.06%−4,031−33.6%Reduced
CSU Producer Resources, Inc.8,000$617.5K2.05%00.0%Unchanged
Spirit of America Management Corp8,100$625.2K0.13%00.0%Unchanged
Securian Asset Management, Inc8,129$627.5K0.02%+322+4.1%Added
Advisors Asset Management, Inc.8,521$657.7K0.01%−4,951−36.8%Reduced
1620 Investment Advisors, Inc.8,562$660.9K0.51%+88+1.0%Added
Aster Capital Management (DIFC) Ltd8,958$661.1K0.12%+8,958New
Captrust Financial Advisors8,737$674.4K0.00%−328−3.6%Reduced
Ethic Inc.8,850$680.0K0.01%+5,713+182.1%Added
Tower Research Capital LLC (TRC)9,118$703.8K0.02%+1,934+26.9%Added
Texas Yale Capital Corp.9,195$709.8K0.03%00.0%Unchanged
Schnieders Capital Management LLC9,501$733.4K0.16%−2,700−22.1%Reduced