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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
Caxton Associates LLP9,616$742.3K0.03%+9,616New
RSM US Wealth Management LLC9,637$746.3K0.01%−25−0.3%Reduced
Oak Thistle LLC9,886$763.1K0.15%+9,886New
Invst, LLC9,906$764.6K0.10%+9,906New
Signaturefd, LLC9,966$769.3K0.01%+63+0.6%Added
Intrust Bank NA10,065$776.9K0.08%+1,440+16.7%Added
XTX Topco Ltd10,179$785.7K0.04%+2,267+28.7%Added
Center for Financial Planning, Inc.10,237$790.2K0.10%00.0%Unchanged
Pinebridge Investments, L.P.10,343$798.4K0.01%−17,916−63.4%Reduced
Gsa Capital Partners LLP10,531$813.0K0.07%−4,407−29.5%Reduced
James Investment Research Inc10,822$835.3K0.11%+10.0%Added
New York Life Investment Management LLC10,972$846.9K0.01%+413+3.9%Added
Applied Capital LLC11,163$861.7K0.69%−50−0.4%Reduced
FJ Capital Management LLC11,514$888.8K0.09%+8,406+270.5%Added
Wealth Enhancement Advisory Services, LLC11,609$896.1K0.00%+504+4.5%Added
Friedenthal Financial11,616$896.6K0.54%+11,616New
Silvercrest Asset Management Group LLC11,783$909.5K0.01%−1,225−9.4%Reduced
Connor, Clark & Lunn Investment Management Ltd.11,825$912.8K0.00%+11,825New
Janney Montgomery Scott LLC11,982$925.0K0.00%+4,551+61.2%Added
Xponance, Inc.12,086$932.9K0.01%+124+1.0%Added
Gilman Hill Asset Management, LLC12,240$944.8K0.16%+4,582+59.8%Added
Atria Investments LLC12,423$959.0K0.01%+295+2.4%Added
Neuberger Berman Group LLC12,494$964.4K0.00%+37+0.3%Added
Wiley Bros.-Aintree Capital, LLC12,806$980.9K0.01%+596+4.9%Added
Voya Investment Management LLC12,720$981.9K0.00%−7,410−36.8%Reduced
SG Americas Securities, LLC12,907$996.0K0.00%−15,578−54.7%Reduced
Federated Hermes, Inc.13,415$1.04M0.00%+417+3.2%Added
Metis Global Partners, LLC13,556$1.05M0.03%+2,045+17.8%Added
Capital Square, LLC14,031$1.08M0.64%−1,491−9.6%Reduced
The PNC Financial Services Group, Inc.14,230$1.10M0.00%+11+0.1%Added
Cambridge Investment Research Advisors, Inc.14,644$1.13M0.00%−4,524−23.6%Reduced
Quantinno Capital Management LP14,646$1.13M0.01%+4,320+41.8%Added
US Bancorp14,891$1.15M0.00%−784−5.0%Reduced
Walleye Capital LLC14,925$1.15M0.01%+9,661+183.5%Added
Cubist Systematic Strategies, LLC15,044$1.16M0.02%+15,044New
Pitcairn Co15,171$1.17M0.07%−1,113−6.8%Reduced
Nissay Asset Management Corp15,199$1.17M0.01%+288+1.9%Added
SummitTX Capital, L.P.15,315$1.18M0.05%+15,315New
Assetmark, Inc15,806$1.22M0.00%+36+0.2%Added
Quadrant Capital Group LLC16,084$1.24M0.05%+9,898+160.0%Added
JustInvest LLC16,160$1.25M0.02%+761+4.9%Added
Cincinnati Specialty Underwriters Insurance CO16,500$1.27M0.38%00.0%Unchanged
Illinois Municipal Retirement Fund16,738$1.29M0.02%00.0%Unchanged
Foresight Group Ltd Liability Partnership16,865$1.29M0.18%−1,125−6.3%Reduced
Bank of Montreal16,757$1.29M0.00%−1,229−6.8%Reduced
Mariner, LLC16,776$1.29M0.00%+426+2.6%Added
Parr McKnight Wealth Management Group, LLC16,879$1.30M0.19%+1,607+10.5%Added
Pathway Financial Advisers, LLC17,139$1.32M0.45%+392+2.3%Added
Citizens National Bank Trust Department17,511$1.35M0.29%+1,613+10.1%Added
Town & Country Bank & Trust CO dba First Bankers Trust CO17,535$1.35M0.53%+17,535New
Keybank National Association17,866$1.38M0.01%+1,104+6.6%Added
Fox Run Management, L.L.C.19,035$1.47M0.23%+19,035New
Nicola Wealth Management Ltd.19,046$1.47M0.14%−2,300−10.8%Reduced
Moran Wealth Management, LLC19,300$1.49M0.05%−154−0.8%Reduced
Landscape Capital Management, L.L.C.19,778$1.53M0.14%−2,080−9.5%Reduced
Freestone Grove Partners LP19,986$1.54M0.02%−11,127−35.8%Reduced
IFM Investors Pty Ltd20,569$1.59M0.02%−4,218−17.0%Reduced
New Mexico Educational Retirement Board20,700$1.60M0.06%00.0%Unchanged
Ameritas Investment Partners, Inc.21,059$1.63M0.06%+461+2.2%Added
Oppenheimer Asset Management Inc.21,070$1.63M0.02%+1,941+10.1%Added
Sumitomo Mitsui DS Asset Management Company, Ltd21,745$1.68M0.02%+326+1.5%Added
Oregon Public Employees Retirement Fund21,754$1.68M0.03%+700+3.3%Added
Harvest Portfolios Group Inc.21,993$1.70M0.05%−1,069−4.6%Reduced
Bridgefront Capital, LLC22,024$1.70M0.49%+5,527+33.5%Added
HighTower Advisors, LLC22,261$1.72M0.00%−3,739−14.4%Reduced
Redmond Asset Management, LLC22,459$1.73M0.45%00.0%Unchanged
Vanderbilt University22,489$1.74M0.33%−3,390−13.1%Reduced
Pictet Asset Management Holding SA22,839$1.76M0.00%−8,961−28.2%Reduced
Entropy Technologies, LP23,172$1.79M0.17%+23,172New
Motley Fool Wealth Management, LLC23,187$1.79M0.11%−2,810−10.8%Reduced
Gotham Asset Management, LLC23,344$1.80M0.02%+23,344New
Northwestern Mutual Investment Management Company, LLC23,797$1.84M0.03%+839+3.7%Added
Dana Investment Advisors, Inc.24,131$1.86M0.07%−4,068−14.4%Reduced
Teacher Retirement System of Texas24,400$1.88M0.01%+8,391+52.4%Added
Transcend Wealth Collective, LLC24,934$1.92M0.14%+237+1.0%Added
State of Michigan Retirement System25,600$1.98M0.01%+1,100+4.5%Added
Brinker Capital Investments, LLC26,058$2.01M0.02%+3,245+14.2%Added
Orion Portfolio Solutions, LLC26,058$2.01M0.02%+3,245+14.2%Added
KLP Kapitalforvaltning AS26,600$2.06M0.01%+900+3.5%Added
Teachers Retirement System of the State of Kentucky27,131$2.09M0.02%00.0%Unchanged
Standard Life Aberdeen plc27,239$2.10M0.00%−258−0.9%Reduced
Jane Street Group, LLC27,365$2.11M0.00%+23,848+678.1%Added
Brevan Howard Capital Management LP27,414$2.12M0.06%+4,434+19.3%Added
Handelsbanken Fonder AB27,537$2.13M0.01%+6,200+29.1%Added
E. Ohman J:or Asset Management AB27,883$2.15M0.06%+4,245+18.0%Added
UniSuper Management Pty Ltd28,800$2.22M0.02%−1,200−4.0%Reduced
Arizona State Retirement System29,694$2.29M0.01%+490+1.7%Added
CIBC World Markets Corp29,900$2.31M0.02%−195−0.6%Reduced
Nisa Investment Advisors, LLC29,830$2.31M0.01%−4,059−12.0%Reduced
Louisiana State Employees Retirement System30,000$2.32M0.05%+1,300+4.5%Added
Cetera Investment Advisers30,671$2.37M0.00%+2,781+10.0%Added
Pathstone Holdings, LLC31,602$2.44M0.01%+4,914+18.4%Added
Ensign Peak Advisors, Inc31,788$2.45M0.00%00.0%Unchanged
Ascent Group, LLC31,862$2.46M0.11%+31,862New
M&T Bank Corp33,452$2.58M0.01%−1,611−4.6%Reduced
Allstate Corp33,824$2.61M0.08%00.0%Unchanged
Lazard Asset Management LLC34,050$2.63M0.00%−29,311−46.3%Reduced
Stifel Financial Corp35,457$2.74M0.00%+263+0.7%Added
Element Capital Management LLC35,966$2.78M0.69%+35,966New
Presima Inc.35,969$2.78M0.62%+501+1.4%Added