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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
Assetmark, Inc22,644$1.61M0.00%+361+1.6%Added
Redmond Asset Management, LLC22,444$1.59M0.39%00.0%Unchanged
Oregon Public Employees Retirement Fund22,254$1.58M0.02%−200−0.9%Reduced
Atria Investments LLC22,092$1.57M0.02%+9,359+73.5%Added
HighTower Advisors, LLC21,610$1.54M0.00%+405+1.9%Added
Nisa Investment Advisors, LLC21,465$1.53M0.01%−3,513−14.1%Reduced
Pacer Advisors, Inc.21,224$1.51M0.00%+21,224New
Pathway Financial Advisers, LLC20,944$1.49M0.43%+3,160+17.8%Added
Graham Capital Management, L.P.20,751$1.47M0.05%+5,208+33.5%Added
JustInvest LLC20,729$1.47M0.02%+2,917+16.4%Added
Ameritas Investment Partners, Inc.20,708$1.47M0.04%−612−2.9%Reduced
New Mexico Educational Retirement Board20,700$1.47M0.05%00.0%Unchanged
Bridgefront Capital, LLC19,818$1.41M0.41%−11,649−37.0%Reduced
Lazard Asset Management LLC19,720$1.40M0.00%−12,159−38.1%Reduced
Agp Franklin, LLC19,672$1.40M0.68%+19,672New
Teacher Retirement System of Texas19,225$1.37M0.01%−4,871−20.2%Reduced
Susquehanna Fundamental Investments, LLC18,981$1.35M0.05%−62,799−76.8%Reduced
Moran Wealth Management, LLC18,890$1.34M0.04%−160−0.8%Reduced
Gsa Capital Partners LLP18,419$1.31M0.11%−15,225−45.3%Reduced
Parr McKnight Wealth Management Group, LLC18,125$1.29M0.17%+975+5.7%Added
Motley Fool Wealth Management, LLC17,747$1.26M0.09%−2,579−12.7%Reduced
IFM Investors Pty Ltd17,629$1.26M0.01%+89+0.5%Added
Farringdon Capital, Ltd.17,598$1.25M0.32%+9,214+109.9%Added
Cambridge Investment Research Advisors, Inc.17,365$1.23M0.00%+1,549+9.8%Added
Pictet Asset Management Holding SA16,859$1.20M0.00%+1,163+7.4%Added
Foresight Group Ltd Liability Partnership16,865$1.19M0.18%00.0%Unchanged
Nissay Asset Management Corp16,574$1.18M0.01%+377+2.3%Added
Cincinnati Specialty Underwriters Insurance CO16,500$1.17M0.27%00.0%Unchanged
Worldquant Millennium Advisors LLC16,364$1.16M0.01%−2,500−13.3%Reduced
Quadrant Capital Group LLC15,958$1.13M0.04%−253−1.6%Reduced
Consolidated Planning Corp15,790$1.12M0.12%+15,790New
Point72 Asset Management, L.P.15,425$1.10M0.00%−9,230−37.4%Reduced
The PNC Financial Services Group, Inc.14,547$1.03M0.00%+462+3.3%Added
Keybank National Association14,448$1.03M0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec14,146$1.00M0.00%+7,791+122.6%Added
Wealth Enhancement Advisory Services, LLC13,915$980.5K0.00%+398+2.9%Added
Mariner, LLC13,740$976.1K0.00%−5,600−29.0%Reduced
Azzad Asset Management Inc13,674$971.4K0.10%+13,674New
James Investment Research Inc13,291$944.2K0.10%+2,469+22.8%Added
Colony Group, LLC4,484$920.2K0.00%+4,484New
Ethic Inc.12,803$909.6K0.01%+2,330+22.2%Added
Xponance, Inc.12,187$865.8K0.01%−97−0.8%Reduced
Vestcor Inc12,172$865.0K0.03%−9,673−44.3%Reduced
Intrust Bank NA11,871$843.3K0.07%−455−3.7%Reduced
US Bancorp11,865$842.9K0.00%−133−1.1%Reduced
Silvercrest Asset Management Group LLC11,162$792.9K0.01%+54+0.5%Added
Signaturefd, LLC11,150$792.1K0.01%+436+4.1%Added
Applied Capital LLC11,147$791.9K0.57%00.0%Unchanged
Federated Hermes, Inc.11,093$788.0K0.00%−4,103−27.0%Reduced
Gilman Hill Asset Management, LLC10,890$773.6K0.12%−865−7.4%Reduced
MQS Management LLC10,711$760.9K0.44%+2,124+24.7%Added
Tributary Capital Management, LLC10,664$757.6K0.07%−7,191−40.3%Reduced
NEOS Investment Management LLC10,275$729.9K0.01%+5,176+101.5%Added
Center for Financial Planning, Inc.10,237$727.2K0.08%00.0%Unchanged
Armistice Capital, LLC10,001$710.5K0.02%+10,001New
Callodine Capital Management, LP10,000$710.4K0.06%+10,000New
Wiley Bros.-Aintree Capital, LLC9,956$707.4K0.00%−1,942−16.3%Reduced
Advisor Group Holdings, Inc.9,567$686.0K0.00%+3,394+55.0%Added
Pitcairn Co9,482$673.6K0.05%−2,883−23.3%Reduced
Capital Square, LLC9,469$672.7K0.34%−246−2.5%Reduced
1620 Investment Advisors, Inc.9,464$672.3K0.46%+725+8.3%Added
Invst, LLC9,402$667.9K0.08%−141−1.5%Reduced
Texas Yale Capital Corp.9,195$653.2K0.02%00.0%Unchanged
Summit Trail Advisors, LLC9,044$644.4K0.01%+5,255+138.7%Added
Schnieders Capital Management, LLC.8,951$635.9K0.11%+8,951New
Advisors Asset Management, Inc.8,912$633.1K0.01%+82+0.9%Added
Mercer Global Advisors Inc8,871$630.2K0.00%+1,361+18.1%Added
Ethos Financial Group, LLC8,829$627.2K0.05%+1,190+15.6%Added
Allstate Corp8,756$622.0K0.01%00.0%Unchanged
Janney Montgomery Scott LLC8,687$617.0K0.00%−291−3.2%Reduced
SG Americas Securities, LLC8,468$602.0K0.00%+2,704+46.9%Added
Toroso Investments, LLC8,419$598.1K0.00%+1,836+27.9%Added
Securian Asset Management, Inc8,273$587.7K0.02%−89−1.1%Reduced
Journey Strategic Wealth LLC8,220$583.9K0.02%+543+7.1%Added
Commonwealth Equity Services, LLC8,207$583.0K0.00%−907−10.0%Reduced
Spirit of America Management Corp8,100$575.4K0.12%00.0%Unchanged
Crossmark Global Holdings, Inc.8,061$572.7K0.01%+82+1.0%Added
Cambria Investment Management, L.P.8,049$571.8K0.03%+1,085+15.6%Added
CSU Producer Resources, Inc.8,000$568.3K1.68%00.0%Unchanged
Public Employees Retirement Association of Colorado7,909$562.0K0.00%00.0%Unchanged
Groupe la Francaise7,905$561.6K0.01%+7,905New
Vident Advisory, LLC7,849$557.6K0.01%+569+7.8%Added
Virtus ETF Advisers LLC7,815$555.2K0.31%00.0%Unchanged
Captrust Financial Advisors7,693$546.5K0.00%−276−3.5%Reduced
Sterling Capital Management LLC7,532$535.1K0.01%−727−8.8%Reduced
Vanderbilt University7,481$531.5K0.09%−17,593−70.2%Reduced
Sequoia Financial Advisors, LLC7,398$525.6K0.00%−10,583−58.9%Reduced
Garden State Investment Advisory Services LLC7,329$520.7K0.13%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.7,263$516.0K0.00%+2,073+39.9%Added
Vestmark Advisory Solutions, Inc.7,190$510.8K0.01%+1,977+37.9%Added
DRW Securities, LLC7,159$510.5K0.03%+7,159New
Golden State Equity Partners6,957$494.2K0.08%−65−0.9%Reduced
DoubleLine ETF Adviser LP6,844$486.2K0.15%+373+5.8%Added
Fairtree Asset Management (Pty) Ltd6,676$474.3K0.31%+840+14.4%Added
Koshinski Asset Management, Inc.6,661$473.2K0.03%+9+0.1%Added
MML Investors Services, LLC6,608$469.4K0.00%−617−8.5%Reduced
Fifth Third Bancorp6,602$469.0K0.00%+572+9.5%Added
Tower Research Capital LLC (TRC)6,299$447.5K0.01%+2,885+84.5%Added
Concurrent Investment Advisors, LLC6,251$444.1K0.01%−533−7.9%Reduced
Kestra Advisory Services, LLC6,194$440.0K0.00%+6,194New