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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
Huntington National Bank593$42.7K0.00%−27−4.4%Reduced
MCF Advisors LLC573$41.4K0.00%+86+17.7%Added
Ancora Advisors, LLC552$39.8K0.00%+552New
Transamerica Financial Advisors, Inc.547$39.6K0.00%+373+214.4%Added
Capital Advisors, Ltd. LLC546$39.0K0.00%+350+178.6%Added
Smithfield Trust Co510$37.0K0.00%00.0%Unchanged
North Star Investment Management Corp.500$36.0K0.00%00.0%Unchanged
Creative Financial Designs Inc462$33.3K0.00%+192+71.1%Added
Clearstead Advisors, LLC459$33.1K0.00%+285+163.8%Added
Wiser Advisor Group LLC455$32.8K0.04%+4+0.9%Added
Westside Investment Management, Inc.430$31.0K0.00%00.0%Unchanged
Bernard Wealth Management Corp.423$30.5K0.01%00.0%Unchanged
NBC Securities, Inc.412$29.7K0.00%00.0%Unchanged
Group One Trading, L.P.389$28.0K0.00%−5,277−93.1%Reduced
Wellington-Altus USA Inc.381$27.4K0.02%+381New
Atlantic Trust, LLC368$26.5K0.00%+242+192.1%Added
Parkside Financial Bank & Trust364$26.2K0.00%+78+27.3%Added
T. Rowe Price Investment Management, Inc.347$25.0K0.00%+12+3.6%Added
Simplex Trading, LLC345$24.9K0.00%+345New
Capital Analysts, LLC327$24.0K0.00%+2+0.6%Added
Garton & Associates Financial Advisors LLC303$21.9K0.01%+303New
Whittier Trust Co of Nevada Inc277$19.5K0.00%00.0%Unchanged
Whittier Trust Co227$16.0K0.00%00.0%Unchanged
Quent Capital, LLC220$15.8K0.00%−42−16.0%Reduced
SageView Advisory Group, LLC213$15.4K0.00%+213New
Eastern Bank208$15.0K0.00%+29+16.2%Added
Smallwood Wealth Investment Management, LLC200$14.4K0.01%00.0%Unchanged
Stephens Consulting, LLC200$14.4K0.00%00.0%Unchanged
Keating Financial Advisory Services, Inc.186$13.4K0.00%+186New
Kentucky Trust Co172$12.4K0.01%00.0%Unchanged
ZRC Wealth Management, LLC165$11.9K0.00%+165New
Caldwell Trust Co150$10.8K0.00%00.0%Unchanged
CIBC Private Wealth Group, LLC150$10.8K0.00%+145+2,900.0%Added
UMA Financial Services, Inc.149$10.7K0.00%+14+10.4%Added
Rosenberg Matthew Hamilton123$8.86K0.00%00.0%Unchanged
Itau Unibanco Holding S.A.121$8.72K0.00%+7+6.1%Added
Tucker Asset Management LLC116$8.36K0.00%+116New
Fortitude Family Office, LLC115$8.28K0.00%+91+379.2%Added
Basecamp Wealth Advisors LLC112$8.07K0.00%+112New
Plante Moran Financial Advisors, LLC100$7.20K0.00%00.0%Unchanged
DV Trading LLC100$7.20K0.00%+100New
Natixis97$6.99K0.00%+97New
Farmers & Merchants Investments Inc95$6.84K0.00%+5+5.6%Added
CBIZ Investment Advisory Services, LLC93$6.72K0.00%+93New
Rothschild Investment LLC85$6.12K0.00%+37+77.1%Added
Cornerstone Planning Group LLC82$5.82K0.00%−402−83.1%Reduced
GWM Advisors LLC70$5.04K0.00%+1+1.4%Added
High Note Wealth, LLC61$4.39K0.00%−3−4.7%Reduced
Caitong International Asset Management Co., Ltd59$4.25K0.00%−328−84.8%Reduced
Bare Financial Services, Inc56$4.03K0.00%+39+229.4%Added
Roble, Belko & Company, Inc49$4.00K0.00%+1+2.1%Added
Quattro Advisors LLC55$3.96K0.00%+55New
American National Bank52$3.75K0.00%+52New
Kilter Group LLC52$3.75K0.00%+52New
Cornerstone Financial Management LLC52$3.75K0.00%+52New
Bell Investment Advisors, Inc51$3.67K0.00%−7−12.1%Reduced
Godfrey Financial Associates, Inc.42$3.02K0.00%+42New
MJT & Associates Financial Advisory Group, Inc.40$2.88K0.00%00.0%Unchanged
WPG Advisers, LLC37$2.67K0.00%00.0%Unchanged
Essential Partners LLC36$2.59K0.00%−3−7.7%Reduced
Central Trust Co34$2.45K0.00%+34New
Rialto Wealth Management, LLC33$2.38K0.00%00.0%Unchanged
Avion Wealth39$2.00K0.00%00.0%Unchanged
TD Private Client Wealth LLC27$1.95K0.00%+27New
Signature Equity Partners, LLC27$1.95K0.00%+27New
Strategic Wealth Partners, Ltd.26$1.87K0.00%00.0%Unchanged
Sunrise Financial Services, LLC25$1.80K0.00%+25New
Sachetta, LLC22$1.59K0.00%00.0%Unchanged
Private Wealth Management Group, LLC22$1.58K0.00%00.0%Unchanged
Manchester Capital Management LLC20$1.44K0.00%+20New
Cromwell Holdings LLC18$1.30K0.00%00.0%Unchanged
Ares Financial Consulting, LLC16$1.15K0.00%+16New
Provenance Wealth Advisors, LLC15$1.08K0.00%00.0%Unchanged
True Wealth Design, LLC14$1.01K0.00%00.0%Unchanged
Highline Wealth Partners LLC14$1.01K0.00%00.0%Unchanged
First Horizon Corp12$8640.00%+9+300.0%Added
Retirement Wealth Solutions LLC11$7930.00%+2+22.2%Added
Mountain Hill Investment Partners Corp.11$7730.00%00.0%Unchanged
Bruce G. Allen Investments, LLC8$5760.00%00.0%Unchanged
Financial Management Professionals, Inc.7$5060.00%+2+40.0%Added
South State Corp.7$5050.00%00.0%Unchanged
CVA Family Office, LLC7$5040.00%+7New
Dunhill Financial, LLC6$4530.00%+6New
Quaker Wealth Management, LLC5$3610.00%00.0%Unchanged
Elyxium Wealth, LLC4$2880.00%+4New
Principia Wealth Advisory, LLC3$2160.00%−2−40.0%Reduced
Nemes Rush Group LLC2$1450.00%+2New
American Capital Advisory, LLC1$730.00%−3−75.0%Reduced
MV Capital Management, Inc.1$730.00%+1New
Root Financial Partners, LLC1$720.00%00.0%Unchanged
Hughes Financial Services, LLC1$720.00%+1New
Raleigh Capital Management Inc.1$510.00%00.0%Unchanged
Westwood Holdings Group Inc.0$00.00%−841,997−100.0%Sold out
Resolution Capital Ltd0$00.00%−423,011−100.0%Sold out
Burkehill Global Management, LP0$00.00%−250,000−100.0%Sold out
Jane Street Group, LLC0$00.00%−114,629−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−59,371−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−56,745−100.0%Sold out
Jupiter Asset Management Ltd0$00.00%−44,683−100.0%Sold out
Elo Mutual Pension Insurance Co0$00.00%−27,751−100.0%Sold out