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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
First National Bank of Omaha36,070$2.78M0.19%+787+2.2%Added
State Board of Administration of Florida Retirement System36,599$2.83M0.01%00.0%Unchanged
Agf Management Ltd36,805$2.84M0.01%+2,715+8.0%Added
Employees Retirement System of Texas38,000$2.93M0.03%−33,000−46.5%Reduced
Blue Chip Partners, Inc.38,065$2.94M0.25%−73−0.2%Reduced
Police & Firemen's Retirement System of New Jersey38,086$2.94M0.03%−750−1.9%Reduced
Cerity Partners LLC39,122$3.02M0.01%+536+1.4%Added
GSI Capital Advisors LLC39,375$3.04M1.59%+493+1.3%Added
Community Bank of Raymore39,515$3.05M2.47%−4,490−10.2%Reduced
Yousif Capital Management, LLC40,036$3.09M0.04%+456+1.2%Added
Quest Partners LLC40,831$3.15M0.34%−6,522−13.8%Reduced
Portfolio Design Labs, LLC41,368$3.19M0.66%+37,206+893.9%Added
CoreCap Advisors, LLC41,840$3.23M0.14%+40,977+4,748.2%Added
LPL Financial LLC44,238$3.41M0.00%+4,896+12.4%Added
Van Eck Associates Corp46,007$3.55M0.00%+2,455+5.6%Added
Resona Asset Management Co.,Ltd.46,677$3.58M0.02%+5,444+13.2%Added
Treasurer of the State of North Carolina46,616$3.60M0.01%−370−0.8%Reduced
Community Trust & Investment Co47,212$3.64M0.23%−1,780−3.6%Reduced
State of Tennessee, Treasury Department47,515$3.67M0.01%00.0%Unchanged
Ilex Capital Partners (UK) LLP47,805$3.69M0.15%+47,805New
BNP Paribas Arbitrage, SA48,287$3.73M0.00%+3,466+7.7%Added
Amalgamated Bank48,742$3.76M0.03%−230−0.5%Reduced
First Trust Advisors LP50,541$3.90M0.00%−42,716−45.8%Reduced
Truist Financial Corp50,658$3.91M0.01%−806−1.6%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.51,372$3.96M0.01%+414+0.8%Added
Exchange Traded Concepts, LLC52,263$4.03M0.07%−3,532−6.3%Reduced
Mutual of America Capital Management LLC55,086$4.25M0.05%+519+1.0%Added
Squarepoint Ops LLC56,935$4.39M0.01%+7,110+14.3%Added
Great Lakes Advisors, LLC58,416$4.51M0.04%+50,796+666.6%Added
DekaBank Deutsche Girozentrale59,583$4.51M0.01%−3,959−6.2%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys58,708$4.53M0.03%+1,134+2.0%Added
Amundi59,035$4.53M0.00%+1,577+2.7%Added
Dark Forest Capital Management LP59,501$4.59M0.21%+59,501New
State of Alaska, Department of Revenue62,320$4.81M0.05%−1,004−1.6%Reduced
MetLife Investment Management62,398$4.82M0.03%+1,072+1.7%Added
Greenland Capital Management LP68,363$5.28M0.91%+61,367+877.2%Added
BI Asset Management Fondsmaeglerselskab A/S71,000$5.48M0.06%+71,000New
LMCG Investments, LLC71,010$5.48M0.36%+26,834+60.7%Added
Aptus Capital Advisors, LLC72,131$5.57M0.06%+8,130+12.7%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.73,805$5.70M0.01%+5,782+8.5%Added
Jain Global LLC76,931$5.94M0.12%+76,931New
Jump Financial, LLC77,152$5.96M0.09%−2,625−3.3%Reduced
Creative Planning82,223$6.35M0.01%+6,715+8.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)82,371$6.36M0.02%+1,798+2.2%Added
HSBC Holdings PLC82,762$6.39M0.00%+2,839+3.6%Added
Tudor Investment Corp Et Al84,528$6.52M0.06%−103,547−55.1%Reduced
Twin Tree Management, LP86,173$6.65M0.15%+86,159+615,421.4%Added
Edgestream Partners, L.P.86,707$6.69M0.23%+86,707New
Barclays PLC87,785$6.78M0.00%−35,943−29.1%Reduced
Allianz Asset Management GmbH91,329$7.05M0.01%+91,329New
Manufacturers Life Insurance Company, The93,151$7.19M0.01%+4,230+4.8%Added
Ibex Wealth Advisors93,603$7.23M0.96%+126+0.1%Added
California State Teachers Retirement System97,329$7.51M0.01%+2,737+2.9%Added
Phocas Financial Corp.99,294$7.66M1.18%−5,661−5.4%Reduced
Susquehanna Fundamental Investments, LLC99,766$7.70M0.13%+99,766New
Impax Asset Management Group plc100,000$7.72M0.05%−15,000−13.0%Reduced
Natixis Advisors, L.P.100,991$7.80M0.01%+8,913+9.7%Added
New Age Alpha Advisors, LLC101,843$7.86M0.35%+35,491+53.5%Added
Fisher Asset Management, LLC104,044$8.03M0.00%−13,021−11.1%Reduced
Victory Capital Management Inc104,863$8.09M0.01%+54,410+107.8%Added
Mitsubishi UFJ Trust & Banking Corp106,813$8.24M0.02%+106,813New
Bamco Inc108,132$8.35M0.02%+17,292+19.0%Added
New York State Common Retirement Fund108,326$8.36M0.01%−101,579−48.4%Reduced
Oversea-Chinese Banking CORP Ltd112,702$8.70M0.25%+49,282+77.7%Added
Brookfield Asset Management Inc.113,606$8.77M0.01%−229,407−66.9%Reduced
New York State Teachers Retirement System113,976$8.80M0.02%+1,400+1.2%Added
Corebridge Financial, Inc.118,186$9.12M0.05%+1,274+1.1%Added
Franklin Resources Inc120,951$9.34M0.00%+54,277+81.4%Added
Retirement Systems of Alabama130,269$10.1M0.04%+4,666+3.7%Added
Uniplan Investment Counsel, Inc.130,854$10.1M0.98%−8,483−6.1%Reduced
Goldman Sachs Group Inc138,565$10.7M0.00%−127,102−47.8%Reduced
Boothbay Fund Management, LLC143,693$11.1M0.40%+57,505+66.7%Added
HRT Financial LP147,781$11.4M0.07%+114,121+339.0%Added
Nomura Asset Management Co Ltd152,921$11.8M0.04%+14,551+10.5%Added
Ameriprise Financial Inc153,220$11.8M0.00%+11,092+7.8%Added
Schonfeld Strategic Advisors LLC153,890$11.9M0.08%+132,988+636.2%Added
STRS Ohio156,187$12.1M0.05%−44,983−22.4%Reduced
Virginia Retirement Systems Et Al157,378$12.1M0.09%+157,378New
Verition Fund Management LLC160,045$12.4M0.07%−18,290−10.3%Reduced
Ceredex Value Advisors LLC165,382$12.8M0.28%+21,400+14.9%Added
Tributary Capital Management, LLC173,912$13.4M1.17%−4,961−2.8%Reduced
Sophron Capital Management L.P.177,887$13.7M4.67%−12,213−6.4%Reduced
Quantbot Technologies LP195,441$15.1M0.48%+115,344+144.0%Added
State of Wisconsin Investment Board198,862$15.4M0.04%+11,371+6.1%Added
Swiss National Bank200,482$15.5M0.01%+2,500+1.3%Added
Lasalle Investment Management Securities LLC208,247$16.1M0.70%−573−0.3%Reduced
Asset Management One Co.,Ltd.214,844$16.6M0.06%+13,242+6.6%Added
Great West Life Assurance Co219,193$16.9M0.03%+19,535+9.8%Added
Schroder Investment Management Group234,723$17.9M0.02%+234,723New
UBS Group AG234,791$18.1M0.00%+96,886+70.3%Added
Aristotle Capital Boston, LLC239,780$18.5M0.92%+239,780New
Gillson Capital LP254,350$19.6M1.67%+181,750+250.3%Added
Alliancebernstein L.P.256,785$19.8M0.01%+105,050+69.2%Added
Public Employees Retirement System of Ohio258,098$19.9M0.07%+41,953+19.4%Added
Royal Bank of Canada265,335$20.5M0.00%−6,674−2.5%Reduced
AQR Capital Management LLC280,153$21.6M0.02%+223+0.1%Added
Lighthouse Investment Partners, LLC284,800$22.0M1.01%+74,800+35.6%Added
Hazelview Securities Inc.286,699$22.1M4.02%−48,250−14.4%Reduced
Envestnet Asset Management Inc293,753$22.7M0.01%−7,998−2.7%Reduced
Fort Washington Investment Advisors Inc296,993$22.9M0.14%+45,706+18.2%Added