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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, 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.

Institutional holdersQ3 2025: 479 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 heldQ3 2025: $8.97B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Agree Realty Corp; share changes are against Q2 2025.

Institutions holding ADC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
E. Ohman J:or Asset Management AB27,883$1.98M0.05%00.0%Unchanged
M&T Bank Corp27,960$1.99M0.01%−9,596−25.6%Reduced
CIBC Bancorp USA Inc.29,035$2.06M0.01%+29,035New
KLP Kapitalforvaltning AS29,100$2.07M0.01%+1,400+5.1%Added
First Trust Advisors LP30,627$2.18M0.00%−43,576−58.7%Reduced
Louisiana State Employees Retirement System30,800$2.19M0.04%−100−0.3%Reduced
UniSuper Management Pty Ltd30,800$2.19M0.01%00.0%Unchanged
Caxton Associates LLP31,414$2.23M0.06%+24,955+386.4%Added
Teachers Retirement System of the State of Kentucky33,531$2.38M0.02%00.0%Unchanged
Atom Investors LP33,541$2.38M0.18%−75,046−69.1%Reduced
Brinker Capital Investments, LLC33,855$2.41M0.02%+7,575+28.8%Added
Arizona State Retirement System33,887$2.41M0.01%+2,557+8.2%Added
Jump Financial, LLC34,403$2.44M0.03%−173,849−83.5%Reduced
Voya Investment Management LLC35,117$2.49M0.00%+23,023+190.4%Added
Pathstone Holdings, LLC35,391$2.51M0.01%−5,241−12.9%Reduced
Stifel Financial Corp36,550$2.60M0.00%+188+0.5%Added
Standard Life Aberdeen plc37,002$2.61M0.00%+4,492+13.8%Added
Blue Chip Partners, Inc.37,254$2.65M0.20%−770−2.0%Reduced
Engineers Gate Manager LP37,612$2.67M0.03%+2,019+5.7%Added
Presima Inc.37,976$2.70M0.74%+1,324+3.6%Added
State Board of Administration of Florida Retirement System38,042$2.70M0.00%+2,033+5.6%Added
Yousif Capital Management, LLC38,234$2.72M0.03%−2,172−5.4%Reduced
Community Bank of Raymore39,715$2.82M1.95%+3,000+8.2%Added
Squarepoint Ops LLC39,972$2.84M0.01%−56,538−58.6%Reduced
Cerity Partners LLC40,289$2.86M0.00%+1,722+4.5%Added
Quantinno Capital Management LP41,833$2.97M0.01%+23,282+125.5%Added
Jupiter Asset Management Ltd44,683$3.17M0.03%+44,683New
Agf Management Ltd45,631$3.24M0.01%+5,683+14.2%Added
Community Trust & Investment Co45,879$3.26M0.18%−624−1.3%Reduced
Police & Firemen's Retirement System of New Jersey47,511$3.38M0.03%+6,649+16.3%Added
State of Tennessee, Treasury Department47,515$3.38M0.01%00.0%Unchanged
Fisher Asset Management, LLC48,000$3.41M0.00%−69−0.1%Reduced
Resona Asset Management Co.,Ltd.48,764$3.44M0.02%+4,732+10.7%Added
Treasurer of the State of North Carolina48,668$3.46M0.01%−1,901−3.8%Reduced
Brevan Howard Capital Management LP48,932$3.48M0.05%+8,481+21.0%Added
Truist Financial Corp49,026$3.48M0.00%−915−1.8%Reduced
Amalgamated Bank50,543$3.59M0.03%+477+1.0%Added
Mutual of America Capital Management LLC51,019$3.62M0.04%−3,589−6.6%Reduced
Verition Fund Management LLC51,392$3.65M0.02%−135,724−72.5%Reduced
CoreCap Advisors, LLC53,044$3.77M0.14%+7,186+15.7%Added
Van Eck Associates Corp54,040$3.84M0.00%+5,097+10.4%Added
Amundi54,885$3.85M0.00%+2,078+3.9%Added
ExodusPoint Capital Management, LP56,745$4.03M0.06%−60,634−51.7%Reduced
Cetera Investment Advisers58,391$4.15M0.00%+26,369+82.3%Added
Great Lakes Advisors, LLC58,399$4.15M0.03%−6,747−10.4%Reduced
Y-Intercept (Hong Kong) Ltd59,371$4.22M0.10%−41,233−41.0%Reduced
MetLife Investment Management59,834$4.25M0.02%+59,834New
Susquehanna Portfolio Strategies, LLC62,013$4.41M0.07%+35,928+137.7%Added
Wellington Management Group LLP62,555$4.44M0.00%−480,126−88.5%Reduced
DekaBank Deutsche Girozentrale63,542$4.45M0.01%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys63,865$4.54M0.02%+581+0.9%Added
State of Alaska, Department of Revenue65,093$4.62M0.05%−264−0.4%Reduced
LPL Financial LLC69,255$4.92M0.00%+23,961+52.9%Added
New York State Common Retirement Fund73,916$5.25M0.01%+6,200+9.2%Added
Bamco Inc74,128$5.27M0.01%+9,500+14.7%Added
Heitman Real Estate Securities LLC76,380$5.43M0.37%−286,444−78.9%Reduced
New Age Alpha Advisors, LLC79,875$5.67M0.24%−1,815−2.2%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.83,322$5.92M0.00%+3,895+4.9%Added
Exchange Traded Concepts, LLC85,169$6.05M0.06%+21,240+33.2%Added
Bank of Nova Scotia85,786$6.09M0.01%+134+0.2%Added
Manufacturers Life Insurance Company, The87,339$6.20M0.01%−3,074−3.4%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)88,018$6.25M0.01%+2,614+3.1%Added
Aptus Capital Advisors, LLC91,191$6.48M0.06%+12,037+15.2%Added
Oversea-Chinese Banking CORP Ltd95,789$6.80M0.18%−14,977−13.5%Reduced
Ibex Wealth Advisors99,448$7.06M0.68%+247+0.2%Added
Phocas Financial Corp.101,174$7.19M0.93%+1,865+1.9%Added
LMCG Investments, LLC106,456$7.56M0.44%+22,063+26.1%Added
Allianz Asset Management GmbH106,913$7.60M0.01%−340.0%Reduced
California State Teachers Retirement System109,004$7.74M0.01%+4,789+4.6%Added
Jane Street Group, LLC114,629$8.14M0.01%−6,900−5.7%Reduced
New York State Teachers Retirement System114,655$8.14M0.02%+73+0.1%Added
AXA Investment Managers S.A.116,675$8.29M0.02%+116,675New
Creative Planning119,764$8.51M0.01%+31,828+36.2%Added
Natixis Advisors, L.P.121,411$8.63M0.01%−346−0.3%Reduced
Victory Capital Management Inc122,698$8.72M0.01%+13,550+12.4%Added
Franklin Resources Inc125,971$9.05M0.00%−37,785−23.1%Reduced
Uniplan Investment Counsel, Inc.128,874$9.16M0.90%+549+0.4%Added
Retirement Systems of Alabama133,566$9.49M0.03%−642−0.5%Reduced
BNP Paribas Arbitrage, SA134,369$9.55M0.01%+3,464+2.6%Added
Greenland Capital Management LP140,764$10.0M1.47%+140,764New
Mitsubishi UFJ Trust & Banking Corp142,775$10.1M0.02%−1,608−1.1%Reduced
Quantbot Technologies LP146,367$10.4M0.28%−58,364−28.5%Reduced
Easterly Investment Partners LLC152,262$10.8M0.73%−78,399−34.0%Reduced
Alliancebernstein L.P.152,497$10.8M0.00%−93,010−37.9%Reduced
Liberty One Investment Management, LLC155,287$11.0M0.62%+155,287New
Gotham Asset Management, LLC158,089$11.2M0.05%+74,682+89.5%Added
Nomura Asset Management Co Ltd160,330$11.4M0.03%+5,370+3.5%Added
Virginia Retirement Systems Et Al160,378$11.4M0.07%+8,210+5.4%Added
Clearbridge Investments, LLC161,214$11.5M0.01%+9,482+6.2%Added
Citigroup Inc163,161$11.6M0.01%−453,050−73.5%Reduced
Ceredex Value Advisors LLC174,600$12.4M0.29%−16,950−8.8%Reduced
STRS Ohio194,492$13.8M0.05%+85,935+79.2%Added
Ameriprise Financial Inc197,025$14.0M0.00%+10,643+5.7%Added
State of Wisconsin Investment Board198,798$14.1M0.03%+14,271+7.7%Added
Impax Asset Management Group plc200,000$14.2M0.08%+120,000+150.0%Added
Asset Management One Co.,Ltd.209,236$14.9M0.04%+1,577+0.8%Added
Lighthouse Investment Partners, LLC210,000$14.9M0.54%+30,000+16.7%Added
Royal Bank of Canada210,092$14.9M0.00%−39,503−15.8%Reduced
Swiss National Bank221,982$15.8M0.01%+17,000+8.3%Added
Barclays PLC230,410$16.4M0.01%+25,663+12.5%Added