Agree RealtyADC
13F holders, Q1 2025 (March 31)466holders +15
56new positions
40sold out
9famous investors
$77.22avg. 13F price*
At the end of Q1 2025, 466 institutions reported holding Agree Realty Corp. (ADC) in their 13F filings, up 15 from Q4 2024. 56 opened new positions and 40 sold out. The largest holders were Vanguard Group Inc. ($1.2B), BlackRock, Inc. ($1.0B) and Cohen & Steers, Inc. ($761.6M). 9 famous investors held it, including Israel Englander (0.1% of Millennium Management's portfolio), Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio) and David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio).
- Company
- Agree Realty Corp.
- CUSIP
- 008492100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 56 | $151.3M |
| Exits | 40 | $314.6M |
All 13F filers, Q4 2024 → Q1 2025: 13,173,681 shares bought and 9,330,123 shares sold, net +3,843,558 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 466 holders
| Vanguard Group Inc. | 0.02% | Add +2.5% | 14,913,633 | $1.2B |
| BlackRock, Inc. | 0.02% | Reduce -2.7% | 12,997,431 | $1.0B |
| Cohen & Steers, Inc. | 1.41% | Add +1.0% | 9,866,824 | $761.6M |
| State Street Corp. | 0.02% | Add +2.3% | 5,383,541 | $416.9M |
| Principal Financial Group Inc. | 0.12% | Reduce -2.2% | 2,669,333 | $206.0M |
| Geode Capital Management, LLC | 0.02% | Add +17.7% | 2,509,590 | $203.1M |
| Deutsche Bank AG | 0.08% | Add +0.2% | 2,528,230 | $195.2M |
| Centersquare Investment Management LLC | 1.94% | Add +10.7% | 2,431,960 | $187.7M |
| Daiwa Securities Group Inc. | 0.77% | Add +5.6% | 2,358,979 | $182.1M |
| JPMorgan Chase & Co. | 0.01% | Add +17.8% | 2,338,219 | $180.5M |
| Two Sigma Advisers, LP | 0.36% | Add +79.5% | 2,077,687 | $160.4M |
| Macquarie Group Ltd. | 0.19% | Reduce -8.2% | 1,934,040 | $149.3M |
| Prudential Financial Inc. | 0.21% | Add +98.7% | 1,868,616 | $144.2M |
| American Century Companies Inc. | 0.08% | Reduce -7.5% | 1,751,030 | $135.2M |
| Morgan Stanley | 0.01% | Add +23.7% | 1,727,313 | $133.3M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +3.0% | 1,695,297 | $130.9M |
| Invesco Ltd. | 0.02% | Reduce -25.0% | 1,659,858 | $128.1M |
| Dimensional Fund Advisors LP | 0.03% | Add +2.0% | 1,581,170 | $122.0M |
| Northern Trust Corp. | 0.02% | Add +1.5% | 1,546,582 | $119.4M |
| Two Sigma Investments, LP | 0.26% | Add +61.4% | 1,497,423 | $115.6M |
| Raymond James Financial Inc. | 0.04% | Add +1.4% | 1,459,633 | $112.7M |
| Russell Investments Group, Ltd. | 0.14% | Add +21.8% | 1,276,096 | $98.5M |
| Balyasny Asset Management L.P. | 0.23% | Add +554.0% | 1,195,091 | $92.2M |
| Alyeska Investment Group, L.P. | 0.36% | Add +9.3% | 1,170,106 | $90.3M |
| Bank of New York Mellon Corp | 0.02% | Reduce -10.8% | 1,087,610 | $84.0M |
| Frontier Capital Management Co. LLC | 0.88% | Add +1.3% | 1,043,998 | $80.6M |
| GW&K Investment Management, LLC | 0.74% | Reduce -1.4% | 1,041,865 | $80.4M |
| Wellington Management Group LLP | 0.02% | Add +72.1% | 1,016,593 | $78.5M |
| PGGM Investments | 1.00% | Add +480.8% | 956,246 | $73.8M |
| Thrivent Financial for Lutherans | 0.16% | Reduce -7.4% | 937,575 | $72.4M |
| Resolution Capital Ltd | 1.36% | Add +26.9% | 907,475 | $70.0M |
| Millennium Management | 0.07% | Reduce -25.6% | 871,332 | $67.3M |
| Nuveen, LLC | 0.02% | — | 911,254 | $64.8M |
| CBRE Investment Management Listed Real Assets LLC | 0.98% | Add +98.7% | 821,090 | $63.4M |
| Janus Henderson Group PLC | 0.03% | Reduce -0.7% | 798,657 | $61.2M |
| Cincinnati Insurance Co. | 1.06% | No change | 789,500 | $60.9M |
| Allspring Global Investments Holdings, LLC | 0.11% | Add +12.9% | 788,752 | $60.6M |
| Bank of America Corp. | 0.01% | Add +43.3% | 752,603 | $58.1M |
| GRS Advisors, LLC | 5.96% | Add +45.6% | 742,060 | $57.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +3.7% | 733,623 | $56.6M |
| Voloridge Investment Management, LLC | 0.21% | Reduce -6.4% | 725,243 | $56.0M |
| Citigroup Inc. | 0.04% | Reduce -1.3% | 703,463 | $54.3M |
| William Blair Investment Management, LLC | 0.15% | Reduce -2.6% | 673,236 | $52.0M |
| Legal & General Group Plc | 0.01% | Add +0.4% | 665,108 | $51.3M |
| Norges Bank | 0.01% | Reduce -12.2% | 609,185 | $47.0M |
| Sei Investments Co. | 0.06% | Add +29.1% | 586,273 | $45.3M |
| Burkehill Global Management, LP | 3.17% | Add +450.0% | 550,000 | $42.5M |
| Bahl & Gaynor LLC | 0.22% | Add +16.6% | 549,225 | $42.4M |
| Deprince Race & Zollo Inc. | 0.85% | Reduce -1.4% | 533,640 | $41.2M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.08% | New | 532,637 | $41.1M |
| Heitman Real Estate Securities LLC | 2.50% | Reduce -32.4% | 500,292 | $38.6M |
| FMR LLC | 0.00% | Reduce -70.5% | 490,603 | $37.9M |
| California Public Employees Retirement System | 0.03% | Add +0.5% | 486,047 | $37.5M |
| Leeward Investments, LLC - MA | 1.86% | Reduce -4.1% | 454,016 | $35.0M |
| T. Rowe Price Associates Inc. | 0.00% | Add +2.0% | 436,655 | $33.7M |
| D. E. Shaw & Co. | 0.04% | Add +3.2% | 426,008 | $32.9M |
| T. Rowe Price Investment Management, Inc. | 0.02% | Reduce -9.5% | 380,107 | $29.3M |
| Adelante Capital Management LLC | 2.17% | Add +3018.7% | 370,652 | $28.6M |
| APG Asset Management US Inc. | 0.21% | No change | 360,343 | $27.7M |
| Wells Fargo & Company | 0.01% | Add +2.9% | 354,334 | $27.4M |
| Sumitomo Mitsui Trust Group, Inc. | 0.02% | Reduce -3.4% | 350,228 | $27.0M |
| Systematic Financial Management LP | 0.71% | Reduce -1.1% | 324,167 | $25.0M |
| ExodusPoint Capital Management, LP | 0.33% | Reduce -30.0% | 323,750 | $25.0M |
| Loomis Sayles & Co. L P | 0.04% | Reduce -0.3% | 322,910 | $24.9M |
| Rhumbline Advisers | 0.02% | Add +1.0% | 321,578 | $24.8M |
| Citadel Advisors | 0.02% | Add +13.0% | 302,114 | $23.3M |
| State of New Jersey Common Pension Fund D | 0.10% | Reduce -0.3% | 298,479 | $23.0M |
| Fort Washington Investment Advisors Inc. | 0.14% | Add +18.2% | 296,993 | $22.9M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -2.6% | 293,753 | $22.7M |
| Hazelview Securities Inc. | 4.02% | Reduce -14.4% | 286,699 | $22.1M |
| Lighthouse Investment Partners, LLC | 1.01% | Add +35.6% | 284,800 | $22.0M |
| AQR Capital Management | 0.02% | Add +0.1% | 280,153 | $21.6M |
| Royal Bank of Canada | 0.00% | Reduce -2.5% | 265,335 | $20.5M |
| Public Employees Retirement System of Ohio | 0.07% | Add +19.4% | 258,098 | $19.9M |
| Alliancebernstein L.P. | 0.01% | Add +69.2% | 256,785 | $19.8M |
| Gillson Capital LP | 1.67% | Add +250.3% | 254,350 | $19.6M |
| Aristotle Capital Boston, LLC | 0.92% | New | 239,780 | $18.5M |
| UBS Group AG | 0.00% | Add +70.3% | 234,791 | $18.1M |
| Schroder Investment Management Group | 0.02% | New | 234,723 | $17.9M |
| CANADA LIFE ASSURANCE Co | 0.03% | Add +9.8% | 219,193 | $16.9M |
| Asset Management One Co., Ltd. | 0.06% | Add +6.6% | 214,844 | $16.6M |
| Lasalle Investment Management Securities LLC | 0.70% | Reduce -0.3% | 208,247 | $16.1M |
| Swiss National Bank | 0.01% | Add +1.3% | 200,482 | $15.5M |
| State of Wisconsin Investment Board | 0.04% | Add +6.1% | 198,862 | $15.4M |
| Quantbot Technologies LP | 0.48% | Add +144.0% | 195,441 | $15.1M |
| Sophron Capital Management L.P. | 4.67% | Reduce -6.4% | 177,887 | $13.7M |
| Tributary Capital Management, LLC | 1.17% | Reduce -2.8% | 173,912 | $13.4M |
| Ceredex Value Advisors LLC | 0.28% | Add +14.9% | 165,382 | $12.8M |
| Verition Fund Management LLC | 0.07% | Reduce -10.3% | 160,045 | $12.4M |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 0.09% | — | 157,378 | $12.1M |
| STRS Ohio | 0.05% | Reduce -22.4% | 156,187 | $12.1M |
| Schonfeld Strategic Advisors LLC | 0.08% | Add +636.3% | 153,890 | $11.9M |
| Ameriprise Financial Inc. | 0.00% | Add +7.8% | 153,220 | $11.8M |
| Nomura Asset Management Co. Ltd. | 0.04% | Add +10.5% | 152,921 | $11.8M |
| HRT Financial LP | 0.07% | Add +339.0% | 147,781 | $11.4M |
| Boothbay Fund Management, LLC | 0.40% | Add +66.7% | 143,693 | $11.1M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -47.8% | 138,565 | $10.7M |
| Uniplan Investment Counsel, Inc. | 1.01% | Reduce -6.1% | 130,854 | $10.1M |
| Retirement Systems of Alabama | 0.04% | Add +3.7% | 130,269 | $10.1M |
| Franklin Resources Inc. | 0.00% | Add +81.4% | 120,951 | $9.3M |
"% of holder's portfolio" is ADC's weight in each manager's 13F, not the share of Agree Realty Corp. the manager owns.