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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, Q4 2025

Institutional positions in Agree Realty Corp as of Dec 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
492
+20 vs. Q3 2025
Shares held
129.5M
+3.69M (+2.9%) vs. Q3 2025
Total value
$9.33B
+$389.8M (+4.4%) vs. Q3 2025
New holders
63
195 more added
Sold out
43
169 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 492 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 heldQ4 2025: $9.33B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Agree Realty Corp; share changes are against Q3 2025.

Institutions holding ADC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
CI Private Wealth, LLC7,298$525.7K0.00%+1,458+25.0%Added
Garden State Investment Advisory Services LLC7,329$527.9K0.13%00.0%Unchanged
MML Investors Services, LLC7,344$529.0K0.00%+736+11.1%Added
GeoWealth Management, LLC7,392$532.4K0.02%+1,545+26.4%Added
Mariner, LLC7,506$541.0K0.00%−6,234−45.4%Reduced
Sterling Capital Management LLC7,523$541.9K0.01%−9−0.1%Reduced
Captrust Financial Advisors7,641$550.4K0.00%−52−0.7%Reduced
Summit Trail Advisors, LLC7,743$559.8K0.01%−1,301−14.4%Reduced
Virtus ETF Advisers LLC7,815$562.9K0.27%00.0%Unchanged
Public Employees Retirement Association of Colorado7,909$570.0K0.00%00.0%Unchanged
Invst, LLC7,943$572.1K0.06%−1,459−15.5%Reduced
CSU Producer Resources, Inc.8,000$576.2K1.72%00.0%Unchanged
Cambria Investment Management, L.P.8,053$580.1K0.03%+40.0%Added
Spirit of America Management Corp8,100$583.4K0.12%00.0%Unchanged
Crossmark Global Holdings, Inc.8,168$588.3K0.01%+107+1.3%Added
Advisor Group Holdings, Inc.8,332$600.4K0.00%−1,235−12.9%Reduced
Securian Asset Management, Inc8,362$602.3K0.02%+89+1.1%Added
Tower Research Capital LLC (TRC)8,464$609.7K0.01%+2,165+34.4%Added
Ethos Financial Group, LLC8,530$614.4K0.05%−299−3.4%Reduced
Capital Square, LLC8,744$629.8K0.32%−725−7.7%Reduced
Commonwealth Equity Services, LLC8,747$630.1K0.00%+540+6.6%Added
Advisors Asset Management, Inc.8,889$640.3K0.01%−23−0.3%Reduced
Schnieders Capital Management, LLC.8,951$644.7K0.10%00.0%Unchanged
Boothbay Fund Management, LLC9,071$653.4K0.02%+4,023+79.7%Added
Texas Yale Capital Corp.9,195$662.3K0.02%00.0%Unchanged
Harbour Investments, Inc.9,370$674.9K0.01%+9,303+13,885.1%Added
1620 Investment Advisors, Inc.9,483$683.1K0.46%+19+0.2%Added
Allstate Corp9,563$688.8K0.01%+807+9.2%Added
Wiley Bros.-Aintree Capital, LLC9,761$703.1K0.00%−195−2.0%Reduced
Callodine Capital Management, LP10,000$720.3K0.06%00.0%Unchanged
Tributary Capital Management, LLC10,467$753.9K0.07%−197−1.8%Reduced
Xponance, Inc.10,559$760.6K0.01%−1,628−13.4%Reduced
Federated Hermes, Inc.10,641$766.5K0.00%−452−4.1%Reduced
Gilman Hill Asset Management, LLC10,890$784.4K0.12%00.0%Unchanged
Easterly Investment Partners LLC11,122$801.1K0.05%−141,140−92.7%Reduced
Applied Capital LLC11,147$802.9K0.55%00.0%Unchanged
Silvercrest Asset Management Group LLC11,162$804.0K0.01%00.0%Unchanged
SG Americas Securities, LLC11,635$838.0K0.00%+3,167+37.4%Added
Intrust Bank NA11,688$841.9K0.07%−183−1.5%Reduced
Mercer Global Advisors Inc11,950$860.7K0.00%+3,079+34.7%Added
Mirae Asset Global ETFs Holdings Ltd.11,982$863.1K0.00%+4,719+65.0%Added
Sequoia Financial Advisors, LLC12,052$868.1K0.00%+4,654+62.9%Added
Signaturefd, LLC12,167$876.4K0.01%+1,017+9.1%Added
US Bancorp12,550$904.0K0.00%+685+5.8%Added
James Investment Research Inc13,291$957.3K0.10%00.0%Unchanged
Algert Global LLC13,390$964.5K0.02%+13,390New
Pacer Advisors, Inc.13,479$970.9K0.00%−7,745−36.5%Reduced
Ethic Inc.13,632$981.9K0.02%+829+6.5%Added
Armistice Capital, LLC14,012$1.01M0.02%+4,011+40.1%Added
Azzad Asset Management Inc14,045$1.01M0.10%+371+2.7%Added
Keybank National Association14,090$1.01M0.00%−358−2.5%Reduced
Bridgefront Capital, LLC14,096$1.02M0.26%−5,722−28.9%Reduced
The PNC Financial Services Group, Inc.14,576$1.05M0.00%+29+0.2%Added
NEOS Investment Management LLC14,675$1.06M0.01%+4,400+42.8%Added
Motley Fool Wealth Management, LLC14,818$1.07M0.08%−2,929−16.5%Reduced
XTX Topco Ltd14,983$1.08M0.03%+14,983New
Gsa Capital Partners LLP15,592$1.12M0.10%−2,827−15.3%Reduced
Umb Bank N A16,034$1.15M0.02%+13,963+674.2%Added
Pictet Asset Management Holding SA16,255$1.17M0.00%−604−3.6%Reduced
Parr McKnight Wealth Management Group, LLC16,283$1.17M0.15%−1,842−10.2%Reduced
Vise Technologies, Inc.16,445$1.18M0.02%+16,445New
Cincinnati Specialty Underwriters Insurance CO16,500$1.19M0.27%00.0%Unchanged
Victory Capital Management Inc16,777$1.21M0.00%−105,921−86.3%Reduced
Marshall Wace, LLP16,836$1.21M0.00%+16,836New
Vanderbilt University16,964$1.22M0.21%+9,483+126.8%Added
Consolidated Planning Corp17,339$1.25M0.13%+1,549+9.8%Added
Nisa Investment Advisors, LLC17,283$1.25M0.00%−4,182−19.5%Reduced
Nissay Asset Management Corp17,520$1.26M0.01%+946+5.7%Added
Federation des caisses Desjardins du Quebec17,771$1.28M0.00%+3,625+25.6%Added
IFM Investors Pty Ltd18,430$1.33M0.01%+801+4.5%Added
Cambridge Investment Research Advisors, Inc.18,714$1.35M0.00%+1,349+7.8%Added
Pasadena Private Wealth, LLC18,735$1.35M0.18%+18,735New
Lazard Asset Management LLC18,735$1.35M0.00%−985−5.0%Reduced
Quadrant Capital Group LLC18,742$1.35M0.04%+2,784+17.4%Added
Susquehanna Fundamental Investments, LLC18,981$1.37M0.05%00.0%Unchanged
Foresight Group Ltd Liability Partnership19,212$1.40M0.22%+2,347+13.9%Added
Atria Investments LLC19,484$1.40M0.02%−2,608−11.8%Reduced
JustInvest LLC19,510$1.41M0.01%−1,219−5.9%Reduced
Agp Franklin, LLC19,617$1.41M0.66%−55−0.3%Reduced
Bank of Montreal19,820$1.43M0.00%−5,075−20.4%Reduced
Moran Wealth Management, LLC19,938$1.44M0.04%+1,048+5.5%Added
Truist Financial Corp20,320$1.46M0.00%−28,706−58.6%Reduced
Harvest Portfolios Group Inc.20,670$1.49M0.03%−5,796−21.9%Reduced
Pathway Financial Advisers, LLC21,007$1.51M0.44%+63+0.3%Added
Ameritas Investment Partners, Inc.21,028$1.51M0.05%+320+1.5%Added
Westpac Banking Corp21,050$1.52M0.10%+21,050New
Knights of Columbus Asset Advisors LLC21,286$1.53M0.09%+21,286New
Jefferies Financial Group Inc.21,454$1.55M0.01%+21,454New
Assetmark, Inc21,488$1.55M0.00%−1,156−5.1%Reduced
Redmond Asset Management, LLC22,511$1.62M0.41%+67+0.3%Added
First National Bank of Omaha22,806$1.64M0.05%−205−0.9%Reduced
Oregon Public Employees Retirement Fund22,954$1.65M0.02%+700+3.1%Added
Brevan Howard Capital Management LP23,059$1.66M0.03%−25,873−52.9%Reduced
UniSuper Management Pty Ltd23,500$1.69M0.01%−7,300−23.7%Reduced
New Mexico Educational Retirement Board23,500$1.69M0.05%+2,800+13.5%Added
Landscape Capital Management, L.L.C.23,737$1.71M0.11%+23,737New
Citizens National Bank Trust Department23,879$1.72M0.30%+269+1.1%Added
Schroder Investment Management Group23,867$1.73M0.00%−302,586−92.7%Reduced
HighTower Advisors, LLC24,312$1.75M0.00%+2,702+12.5%Added
Motley Fool Asset Management LLC24,380$1.76M0.07%−2,808−10.3%Reduced