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.
| 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, Q4 2025
Shares, value and share of portfolio for each institution holding Agree Realty Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Clearbridge Investments, LLC | 159,515 | $11.5M | 0.01% | −1,699−1.1% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 162,975 | $11.7M | 0.01% | +136,200+508.7% | Added |
| Creative Planning | 166,458 | $12.0M | 0.01% | +46,694+39.0% | Added |
| Nomura Asset Management Co Ltd | 171,500 | $12.4M | 0.03% | +11,170+7.0% | Added |
| Ceredex Value Advisors LLC | 172,500 | $12.4M | 0.37% | −2,100−1.2% | Reduced |
| Virginia Retirement Systems Et Al | 172,678 | $12.4M | 0.07% | +12,300+7.7% | Added |
| Hazelview Securities Inc. | 175,224 | $12.6M | 2.43% | −58,060−24.9% | Reduced |
| Alliancebernstein L.P. | 176,734 | $12.7M | 0.00% | +24,237+15.9% | Added |
| Impax Asset Management Group plc | 200,000 | $14.4M | 0.09% | 00.0% | Unchanged |
| State of Wisconsin Investment Board | 202,315 | $14.6M | 0.03% | +3,517+1.8% | Added |
| Asset Management One Co.,Ltd. | 210,099 | $15.2M | 0.04% | +863+0.4% | Added |
| Barclays PLC | 213,289 | $15.4M | 0.01% | −17,121−7.4% | Reduced |
| Swiss National Bank | 218,282 | $15.7M | 0.01% | −3,700−1.7% | Reduced |
| Cander Asset Management LP | 218,620 | $15.7M | 2.91% | +218,620 | New |
| Ameriprise Financial Inc | 221,199 | $15.9M | 0.00% | +24,174+12.3% | Added |
| Aristotle Capital Boston, LLC | 221,606 | $16.0M | 0.88% | −24,179−9.8% | Reduced |
| STRS Ohio | 234,613 | $16.9M | 0.06% | +40,121+20.6% | Added |
| Great West Life Assurance Co | 250,203 | $18.0M | 0.03% | −756−0.3% | Reduced |
| LMR Partners LLP | 261,995 | $18.9M | 0.18% | +261,995 | New |
| Public Employees Retirement System of Ohio | 265,134 | $19.1M | 0.06% | −2,798−1.0% | Reduced |
| HSBC Holdings PLC | 295,693 | $21.3M | 0.01% | +60,159+25.5% | Added |
| Apollo Management Holdings, L.P. | 298,880 | $21.5M | 0.21% | +298,880 | New |
| California Public Employees Retirement System | 300,308 | $21.6M | 0.01% | −68,812−18.6% | Reduced |
| Lighthouse Investment Partners, LLC | 300,470 | $21.6M | 0.72% | +90,470+43.1% | Added |
| State of New Jersey Common Pension Fund D | 301,132 | $21.7M | 0.08% | +453+0.2% | Added |
| Sophron Capital Management L.P. | 301,782 | $21.7M | 6.99% | −17,134−5.4% | Reduced |
| UBS Group AG | 302,257 | $21.8M | 0.00% | +67,686+28.9% | Added |
| APG Asset Management US Inc. | 302,697 | $21.8M | 0.17% | −132,646−30.5% | Reduced |
| Envestnet Asset Management Inc | 306,328 | $22.1M | 0.01% | −12,883−4.0% | Reduced |
| Loomis Sayles & Co L P | 316,106 | $22.8M | 0.03% | +5,598+1.8% | Added |
| Allspring Global Investments Holdings, LLC | 320,172 | $23.1M | 0.04% | −288,858−47.4% | Reduced |
| HRT Financial LP | 323,065 | $23.3M | 0.07% | −64,216−16.6% | Reduced |
| Rhumbline Advisers | 324,480 | $23.4M | 0.02% | +6,570+2.1% | Added |
| AQR Capital Management LLC | 325,082 | $23.4M | 0.01% | −24,712−7.1% | Reduced |
| Systematic Financial Management LP | 325,747 | $23.5M | 0.55% | +1550.0% | Added |
| Neuberger Berman Group LLC | 335,483 | $24.2M | 0.02% | −2,095−0.6% | Reduced |
| William Blair Investment Management, LLC | 352,710 | $25.4M | 0.07% | −25,271−6.7% | Reduced |
| Heitman Real Estate Securities LLC | 352,980 | $25.4M | 1.79% | +276,600+362.1% | Added |
| Wells Fargo & Company | 353,367 | $25.5M | 0.00% | −791−0.2% | Reduced |
| Thrivent Financial for Lutherans | 354,570 | $25.5M | 0.05% | +11,655+3.4% | Added |
| Gotham Asset Management, LLC | 364,533 | $26.3M | 0.10% | +206,444+130.6% | Added |
| Holocene Advisors, LP | 387,093 | $27.9M | 0.06% | +387,093 | New |
| Fort Washington Investment Advisors Inc | 388,843 | $28.0M | 0.15% | +13,341+3.6% | Added |
| Leeward Investments, LLC - MA | 404,859 | $29.2M | 1.48% | −9,811−2.4% | Reduced |
| Adelante Capital Management LLC | 438,415 | $31.6M | 2.20% | −3,190−0.7% | Reduced |
| Goldman Sachs Group Inc | 451,139 | $32.5M | 0.00% | +203,632+82.3% | Added |
| Invesco Ltd. | 468,934 | $33.8M | 0.00% | +46,492+11.0% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 508,574 | $36.8M | 0.06% | +45,677+9.9% | Added |
| Alyeska Investment Group, L.P. | 586,091 | $42.2M | 0.12% | −250,761−30.0% | Reduced |
| Bahl & Gaynor Inc | 598,399 | $43.1M | 0.22% | −6,228−1.0% | Reduced |
| Voloridge Investment Management, LLC | 624,943 | $45.0M | 0.16% | +29,597+5.0% | Added |
| Balyasny Asset Management LLC | 633,227 | $45.6M | 0.09% | −994,656−61.1% | Reduced |
| Freestone Grove Partners LP | 635,736 | $45.8M | 0.33% | +343,240+117.3% | Added |
| Lasalle Investment Management Securities LLC | 674,524 | $48.6M | 1.95% | +39,119+6.2% | Added |
| Legal & General Group Plc | 707,930 | $51.0M | 0.01% | +57,559+8.9% | Added |
| UBS Asset Management Americas Inc | 710,056 | $51.1M | 0.01% | −4,716−0.7% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 727,114 | $52.4M | 0.03% | +48,130+7.1% | Added |
| American Century Companies Inc | 788,390 | $56.8M | 0.03% | −4,922−0.6% | Reduced |
| Cincinnati Insurance Co | 789,500 | $56.9M | 0.87% | 00.0% | Unchanged |
| Frontier Capital Management Co LLC | 806,232 | $58.1M | 0.62% | −117,744−12.7% | Reduced |
| SEI Investments Co | 826,316 | $59.5M | 0.06% | +142,522+20.8% | Added |
| GW&K Investment Management, LLC | 906,544 | $65.3M | 0.56% | −71,932−7.4% | Reduced |
| Bank of America Corp | 923,081 | $66.5M | 0.00% | +133,623+16.9% | Added |
| Bank of New York Mellon Corp | 928,905 | $66.9M | 0.01% | −48,744−5.0% | Reduced |
| Russell Investments Group, Ltd. | 947,882 | $68.3M | 0.07% | −321,742−25.3% | Reduced |
| Duff & Phelps Investment Management Co | 957,943 | $69.0M | 0.78% | +119,373+14.2% | Added |
| Citadel Advisors LLC | 991,678 | $71.4M | 0.05% | −652,073−39.7% | Reduced |
| PGGM Investments | 1,027,100 | $74.0M | 1.17% | −141,927−12.1% | Reduced |
| Northern Trust Corp | 1,116,199 | $80.4M | 0.01% | −564,086−33.6% | Reduced |
| Engineers Gate Manager LP | 1,182,229 | $85.2M | 1.01% | +1,144,617+3,043.2% | Added |
| Nuveen, LLC | 1,220,295 | $87.9M | 0.02% | −293,938−19.4% | Reduced |
| Janus Henderson Group PLC | 1,252,677 | $90.2M | 0.04% | −133,628−9.6% | Reduced |
| Raymond James Financial Inc | 1,263,936 | $91.2M | 0.03% | −25,601−2.0% | Reduced |
| Morgan Stanley | 1,307,232 | $94.2M | 0.01% | +118,743+10.0% | Added |
| Millennium Management LLC | 1,433,553 | $103.3M | 0.07% | +170,842+13.5% | Added |
| Norges Bank | 1,612,027 | $116.1M | 0.01% | +1,612,027 | New |
| Dimensional Fund Advisors LP | 1,682,009 | $121.2M | 0.03% | +56,609+3.5% | Added |
| Two Sigma Investments, LP | 1,690,448 | $121.8M | 0.18% | −34,965−2.0% | Reduced |
| Nomura Asset Management International Inc. | 1,779,224 | $128.2M | 0.19% | +1,779,224 | New |
| Prudential Financial Inc | 1,793,978 | $129.2M | 0.16% | +79,039+4.6% | Added |
| Charles Schwab Investment Management Inc | 1,955,974 | $140.9M | 0.02% | +132,465+7.3% | Added |
| Deutsche Bank AG | 2,175,773 | $156.7M | 0.05% | −420,215−16.2% | Reduced |
| Two Sigma Advisers, LP | 2,258,287 | $162.7M | 0.32% | +92,400+4.3% | Added |
| Daiwa Securities Group Inc. | 2,262,991 | $163.0M | 0.53% | −99,405−4.2% | Reduced |
| Geode Capital Management, LLC | 2,509,922 | $180.8M | 0.01% | +117,346+4.9% | Added |
| JPMorgan Chase & Co | 2,843,441 | $204.8M | 0.01% | +826,719+41.0% | Added |
| Centersquare Investment Management LLC | 3,299,172 | $237.6M | 2.35% | +402,943+13.9% | Added |
| Principal Financial Group Inc | 4,293,556 | $309.3M | 0.16% | +1,918,427+80.8% | Added |
| State Street Corp | 5,884,291 | $425.3M | 0.01% | +91,766+1.6% | Added |
| Cohen & Steers, Inc. | 14,094,952 | $1.02B | 1.84% | +649,301+4.8% | Added |
| Vanguard Group Inc | 15,731,141 | $1.13B | 0.02% | +84,568+0.5% | Added |
| BlackRock, Inc. | 16,787,396 | $1.21B | 0.02% | +728,383+4.5% | Added |
| Westwood Holdings Group Inc. | 0 | $0 | 0.00% | −841,997−100.0% | Sold out |
| Resolution Capital Ltd | 0 | $0 | 0.00% | −423,011−100.0% | Sold out |
| Burkehill Global Management, LP | 0 | $0 | 0.00% | −250,000−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −114,629−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −59,371−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −56,745−100.0% | Sold out |
| Jupiter Asset Management Ltd | 0 | $0 | 0.00% | −44,683−100.0% | Sold out |
| Elo Mutual Pension Insurance Co | 0 | $0 | 0.00% | −27,751−100.0% | Sold out |