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, Q3 2025
Institutional positions in Agree Realty Corp as of Sep 30, 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
- 479
- +15 vs. Q2 2025
- Shares held
- 126.3M
- +2.13M (+1.7%) vs. Q2 2025
- Total value
- $8.97B
- −$107.3M (−1.2%) vs. Q2 2025
- New holders
- 61
- 201 more added
- Sold out
- 46
- 152 more reduced
7 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 497 | $10.8B |
| Q1 2026 | 502 | $10.5B |
| Q4 2025 | 492 | $9.33B |
| Q3 2025 | 479 | $8.97B |
| Q2 2025 | 471 | $9.15B |
| Q1 2025 | 467 | $9.36B |
| Q4 2024 | 451 | $8.27B |
| Q3 2024 | 431 | $8.39B |
| Q2 2024 | 409 | $6.46B |
| Q1 2024 | 395 | $5.71B |
| Q4 2023 | 367 | $6.42B |
| Q3 2023 | 372 | $5.27B |
| Q2 2023 | 375 | $6.23B |
| Q1 2023 | 360 | $6.70B |
| Q4 2022 | 358 | $6.97B |
| Q3 2022 | 360 | $6.34B |
| Q2 2022 | 340 | $6.22B |
| Q1 2022 | 319 | $5.18B |
| Q4 2021 | 326 | $5.44B |
| Q3 2021 | 322 | $4.84B |
| Q2 2021 | 312 | $5.47B |
| Q1 2021 | 301 | $4.58B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Agree Realty Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 16,059,013 | $1.14B | 0.02% | +785,866+5.1% | Added |
| Vanguard Group Inc | 15,646,573 | $1.11B | 0.02% | +329,892+2.2% | Added |
| Cohen & Steers, Inc. | 13,445,651 | $955.1M | 1.72% | +1,054,968+8.5% | Added |
| State Street Corp | 5,792,525 | $413.0M | 0.01% | +27,546+0.5% | Added |
| Centersquare Investment Management LLC | 2,896,229 | $205.7M | 2.07% | +51,269+1.8% | Added |
| Deutsche Bank AG | 2,595,988 | $184.4M | 0.06% | −368,877−12.4% | Reduced |
| Geode Capital Management, LLC | 2,392,576 | $170.0M | 0.01% | −287,841−10.7% | Reduced |
| Principal Financial Group Inc | 2,375,129 | $168.7M | 0.09% | −128,131−5.1% | Reduced |
| Daiwa Securities Group Inc. | 2,362,396 | $167.8M | 0.57% | +15,389+0.7% | Added |
| Two Sigma Advisers, LP | 2,165,887 | $153.9M | 0.31% | +27,700+1.3% | Added |
| JPMorgan Chase & Co | 2,016,722 | $143.3M | 0.01% | +799,185+65.6% | Added |
| Macquarie Group Ltd | 1,970,877 | $140.0M | 0.16% | +62,573+3.3% | Added |
| Charles Schwab Investment Management Inc | 1,823,509 | $129.5M | 0.02% | +42,889+2.4% | Added |
| Two Sigma Investments, LP | 1,725,413 | $122.6M | 0.19% | −82,160−4.5% | Reduced |
| Prudential Financial Inc | 1,714,939 | $121.8M | 0.14% | −84,983−4.7% | Reduced |
| Northern Trust Corp | 1,680,285 | $119.4M | 0.02% | +52,779+3.2% | Added |
| Citadel Advisors LLC | 1,643,751 | $116.8M | 0.09% | +908,605+123.6% | Added |
| Balyasny Asset Management LLC | 1,627,883 | $115.6M | 0.23% | +392,400+31.8% | Added |
| Dimensional Fund Advisors LP | 1,625,400 | $115.5M | 0.02% | +11,128+0.7% | Added |
| Nuveen, LLC | 1,514,233 | $107.6M | 0.03% | −178,293−10.5% | Reduced |
| Janus Henderson Group PLC | 1,386,305 | $98.5M | 0.04% | +82,397+6.3% | Added |
| Raymond James Financial Inc | 1,289,537 | $91.6M | 0.03% | −32,118−2.4% | Reduced |
| Russell Investments Group, Ltd. | 1,269,624 | $90.2M | 0.10% | +2,767+0.2% | Added |
| Millennium Management LLC | 1,262,711 | $89.7M | 0.07% | +327,389+35.0% | Added |
| Morgan Stanley | 1,188,489 | $84.4M | 0.01% | −241,863−16.9% | Reduced |
| PGGM Investments | 1,169,027 | $83.0M | 1.34% | +212,781+22.3% | Added |
| GW&K Investment Management, LLC | 978,476 | $69.5M | 0.62% | −35,473−3.5% | Reduced |
| Bank of New York Mellon Corp | 977,649 | $69.5M | 0.01% | −50,817−4.9% | Reduced |
| Frontier Capital Management Co LLC | 923,976 | $65.6M | 0.59% | −113,214−10.9% | Reduced |
| Westwood Holdings Group Inc. | 841,997 | $59.8M | 0.43% | −52,828−5.9% | Reduced |
| Duff & Phelps Investment Management Co | 838,570 | $59.6M | 0.68% | +634,520+311.0% | Added |
| Alyeska Investment Group, L.P. | 836,852 | $59.4M | 0.18% | −99,541−10.6% | Reduced |
| American Century Companies Inc | 793,312 | $56.4M | 0.03% | −61,304−7.2% | Reduced |
| Cincinnati Insurance Co | 789,500 | $56.1M | 0.87% | 00.0% | Unchanged |
| Bank of America Corp | 789,458 | $56.1M | 0.00% | −161,638−17.0% | Reduced |
| UBS Asset Management Americas Inc | 714,772 | $50.8M | 0.01% | +601,689+532.1% | Added |
| SEI Investments Co | 683,794 | $48.6M | 0.05% | +42,569+6.6% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 678,984 | $48.2M | 0.03% | +313,431+85.7% | Added |
| Legal & General Group Plc | 650,371 | $46.2M | 0.01% | −68,431−9.5% | Reduced |
| Lasalle Investment Management Securities LLC | 635,405 | $45.1M | 1.77% | +429,469+208.5% | Added |
| Allspring Global Investments Holdings, LLC | 609,030 | $43.7M | 0.07% | +179,808+41.9% | Added |
| Bahl & Gaynor Inc | 604,627 | $43.0M | 0.21% | +8,219+1.4% | Added |
| Voloridge Investment Management, LLC | 595,346 | $42.3M | 0.14% | −128,945−17.8% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 462,897 | $32.9M | 0.05% | −76,135−14.1% | Reduced |
| Tudor Investment Corp Et Al | 444,902 | $31.6M | 0.20% | −120,537−21.3% | Reduced |
| Adelante Capital Management LLC | 441,605 | $31.4M | 2.17% | +13,995+3.3% | Added |
| APG Asset Management US Inc. | 435,343 | $31.2M | 0.23% | 00.0% | Unchanged |
| Resolution Capital Ltd | 423,011 | $30.1M | 0.58% | +88,371+26.4% | Added |
| Invesco Ltd. | 422,442 | $30.0M | 0.00% | −998,254−70.3% | Reduced |
| Leeward Investments, LLC - MA | 414,670 | $29.5M | 1.51% | −11,400−2.7% | Reduced |
| HRT Financial LP | 387,281 | $27.5M | 0.10% | +91,867+31.1% | Added |
| William Blair Investment Management, LLC | 377,981 | $26.9M | 0.07% | +1,482+0.4% | Added |
| Fort Washington Investment Advisors Inc | 375,502 | $26.7M | 0.14% | +136,118+56.9% | Added |
| California Public Employees Retirement System | 369,120 | $26.2M | 0.02% | −58,276−13.6% | Reduced |
| Wells Fargo & Company | 354,158 | $25.2M | 0.01% | +1,440+0.4% | Added |
| AQR Capital Management LLC | 349,794 | $24.6M | 0.02% | +22,039+6.7% | Added |
| Thrivent Financial for Lutherans | 342,915 | $24.4M | 0.05% | +25,236+7.9% | Added |
| Neuberger Berman Group LLC | 337,578 | $24.0M | 0.02% | +37,184+12.4% | Added |
| Systematic Financial Management LP | 325,592 | $23.1M | 0.56% | −2,132−0.7% | Reduced |
| Schroder Investment Management Group | 326,453 | $22.9M | 0.02% | +73,894+29.3% | Added |
| Envestnet Asset Management Inc | 319,211 | $22.7M | 0.01% | +36,312+12.8% | Added |
| Sophron Capital Management L.P. | 318,916 | $22.7M | 6.98% | −33,485−9.5% | Reduced |
| Rhumbline Advisers | 317,910 | $22.6M | 0.02% | −6,118−1.9% | Reduced |
| Loomis Sayles & Co L P | 310,508 | $22.1M | 0.03% | −20,828−6.3% | Reduced |
| State of New Jersey Common Pension Fund D | 300,679 | $21.4M | 0.08% | +2,619+0.9% | Added |
| Cubist Systematic Strategies, LLC | 295,115 | $21.0M | 0.30% | +8,607+3.0% | Added |
| Freestone Grove Partners LP | 292,496 | $20.8M | 0.16% | +292,496 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 280,246 | $19.9M | 0.06% | +164,342+141.8% | Added |
| Price T Rowe Associates Inc | 271,646 | $19.3M | 0.00% | +5,639+2.1% | Added |
| Public Employees Retirement System of Ohio | 267,932 | $19.0M | 0.06% | +7,958+3.1% | Added |
| Burkehill Global Management, LP | 250,000 | $17.8M | 1.01% | −300,000−54.5% | Reduced |
| D. E. Shaw & Co., Inc. | 249,342 | $17.7M | 0.01% | −326,392−56.7% | Reduced |
| Great West Life Assurance Co | 250,959 | $17.7M | 0.03% | +15,126+6.4% | Added |
| Goldman Sachs Group Inc | 247,507 | $17.6M | 0.00% | +33,273+15.5% | Added |
| Aristotle Capital Boston, LLC | 245,785 | $17.5M | 0.90% | −4,084−1.6% | Reduced |
| Qube Research & Technologies Ltd | 240,346 | $17.1M | 0.02% | +33,743+16.3% | Added |
| HSBC Holdings PLC | 235,534 | $16.7M | 0.01% | −49,588−17.4% | Reduced |
| UBS Group AG | 234,571 | $16.7M | 0.00% | −48,665−17.2% | Reduced |
| Hazelview Securities Inc. | 233,284 | $16.6M | 3.12% | −71,949−23.6% | Reduced |
| Barclays PLC | 230,410 | $16.4M | 0.01% | +25,663+12.5% | Added |
| Swiss National Bank | 221,982 | $15.8M | 0.01% | +17,000+8.3% | Added |
| Royal Bank of Canada | 210,092 | $14.9M | 0.00% | −39,503−15.8% | Reduced |
| Lighthouse Investment Partners, LLC | 210,000 | $14.9M | 0.54% | +30,000+16.7% | Added |
| Asset Management One Co.,Ltd. | 209,236 | $14.9M | 0.04% | +1,577+0.8% | Added |
| Impax Asset Management Group plc | 200,000 | $14.2M | 0.08% | +120,000+150.0% | Added |
| State of Wisconsin Investment Board | 198,798 | $14.1M | 0.03% | +14,271+7.7% | Added |
| Ameriprise Financial Inc | 197,025 | $14.0M | 0.00% | +10,643+5.7% | Added |
| STRS Ohio | 194,492 | $13.8M | 0.05% | +85,935+79.2% | Added |
| Ceredex Value Advisors LLC | 174,600 | $12.4M | 0.29% | −16,950−8.8% | Reduced |
| Citigroup Inc | 163,161 | $11.6M | 0.01% | −453,050−73.5% | Reduced |
| Clearbridge Investments, LLC | 161,214 | $11.5M | 0.01% | +9,482+6.2% | Added |
| Virginia Retirement Systems Et Al | 160,378 | $11.4M | 0.07% | +8,210+5.4% | Added |
| Nomura Asset Management Co Ltd | 160,330 | $11.4M | 0.03% | +5,370+3.5% | Added |
| Gotham Asset Management, LLC | 158,089 | $11.2M | 0.05% | +74,682+89.5% | Added |
| Liberty One Investment Management, LLC | 155,287 | $11.0M | 0.62% | +155,287 | New |
| Alliancebernstein L.P. | 152,497 | $10.8M | 0.00% | −93,010−37.9% | Reduced |
| Easterly Investment Partners LLC | 152,262 | $10.8M | 0.73% | −78,399−34.0% | Reduced |
| Quantbot Technologies LP | 146,367 | $10.4M | 0.28% | −58,364−28.5% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 142,775 | $10.1M | 0.02% | −1,608−1.1% | Reduced |
| Greenland Capital Management LP | 140,764 | $10.0M | 1.47% | +140,764 | New |