Agree RealtyADC

13F holders, Q2 2025 (June 30)
471holders +5
57new positions
54sold out
9famous investors
$73.14avg. 13F price*

At the end of Q2 2025, 471 institutions reported holding Agree Realty Corp. (ADC) in their 13F filings, up 5 from Q1 2025. 57 opened new positions and 54 sold out. The largest holders were Vanguard Group Inc. ($1.1B), BlackRock, Inc. ($1.1B) and Cohen & Steers, Inc. ($905.2M). 9 famous investors held it, including Paul Tudor Jones (0.3% of Tudor Investment Corporation's portfolio), Israel Englander (0.1% of Millennium Management's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).

Company
Agree Realty Corp.
CUSIP
008492100
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600 Q1 2024: 395Q1 2024Q2 2024: 409Q2 2024Q3 2024: 431Q3 2024Q4 2024: 451Q4 2024Q1 2025: 466Q1 2025Q2 2025: 471Q2 2025Q3 2025: 479Q3 2025Q4 2025: 492Q4 2025Q1 2026: 501Q1 2026Q2 2026: 497Q2 2026

Total Exit/New Position Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions57$156.9M
Exits54$181.2M

All 13F filers, Q1 2025 → Q2 2025: 15,657,255 shares bought and 11,710,892 shares sold, net +3,946,363 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 471 holders

Vanguard Group Inc. 0.02% Add +2.7% 15,316,681 $1.1B
BlackRock, Inc. 0.02% Add +17.5% 15,273,147 $1.1B
Cohen & Steers, Inc. 1.66% Add +25.6% 12,390,683 $905.2M
State Street Corp. 0.02% Add +7.1% 5,764,979 $422.6M
Deutsche Bank AG 0.08% Add +17.3% 2,964,865 $216.6M
Centersquare Investment Management LLC 2.16% Add +17.0% 2,844,960 $207.9M
Geode Capital Management, LLC 0.01% Add +6.8% 2,680,417 $205.5M
Principal Financial Group Inc. 0.10% Reduce -6.2% 2,503,260 $182.9M
Daiwa Securities Group Inc. 0.64% Reduce -0.5% 2,347,007 $171.5M
Two Sigma Advisers, LP 0.32% Add +2.9% 2,138,187 $156.2M
Macquarie Group Ltd. 0.17% Reduce -1.3% 1,908,304 $139.4M
Two Sigma Investments, LP 0.25% Add +20.7% 1,807,573 $132.1M
Prudential Financial Inc. 0.17% Reduce -3.7% 1,799,922 $131.5M
Charles Schwab Investment Management Inc. 0.02% Add +5.0% 1,780,620 $130.1M
Nuveen, LLC 0.03% Add +85.7% 1,692,526 $123.7M
Northern Trust Corp. 0.02% Add +5.2% 1,627,506 $118.9M
Dimensional Fund Advisors LP 0.03% Add +2.1% 1,614,272 $117.9M
Morgan Stanley 0.01% Reduce -17.2% 1,430,352 $104.5M
Invesco Ltd. 0.02% Reduce -14.4% 1,420,696 $103.8M
Raymond James Financial Inc. 0.03% Reduce -9.4% 1,321,655 $96.6M
Janus Henderson Group PLC 0.05% Add +63.3% 1,303,908 $95.3M
Russell Investments Group, Ltd. 0.12% Reduce -0.7% 1,266,857 $92.6M
Balyasny Asset Management L.P. 0.21% Add +3.4% 1,235,483 $90.3M
JPMorgan Chase & Co. 0.01% Reduce -47.9% 1,217,537 $89.0M
Frontier Capital Management Co. LLC 0.70% Reduce -0.7% 1,037,190 $75.8M
Bank of New York Mellon Corp 0.01% Reduce -5.4% 1,028,466 $75.1M
GW&K Investment Management, LLC 0.66% Reduce -2.7% 1,013,949 $74.1M
PGGM Investments 1.21% No change 956,246 $69.9M
Bank of America Corp. 0.01% Add +26.4% 951,096 $69.5M
Alyeska Investment Group, L.P. 0.24% Reduce -20.0% 936,393 $68.4M
Millennium Management 0.06% Add +7.3% 935,322 $68.3M
Westwood Holdings Group Inc. 0.48% New 894,825 $65.4M
Norges Bank 0.01% Add +46.1% 890,085 $65.0M
American Century Companies Inc. 0.03% Reduce -51.2% 854,616 $62.4M
Cincinnati Insurance Co. 0.97% No change 789,500 $57.7M
Citadel Advisors 0.05% Add +143.3% 735,146 $53.7M
Voloridge Investment Management, LLC 0.20% Reduce -0.1% 724,291 $52.9M
Legal & General Group Plc 0.01% Add +8.1% 718,802 $52.5M
Sei Investments Co. 0.05% Add +9.4% 641,225 $46.8M
Citigroup Inc. 0.03% Reduce -12.4% 616,211 $45.0M
Bahl & Gaynor LLC 0.22% Add +8.6% 596,408 $43.6M
D. E. Shaw & Co. 0.04% Add +35.1% 575,734 $42.1M
Tudor Investment Corporation 0.31% Add +568.9% 565,439 $41.3M
Burkehill Global Management, LP 2.97% No change 550,000 $40.2M
Wellington Management Group LLP 0.01% Reduce -46.6% 542,681 $39.6M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.07% Add +1.2% 539,032 $39.4M
APG Asset Management US Inc. 0.24% Add +20.8% 435,343 $31.7M
Allspring Global Investments Holdings, LLC 0.05% Reduce -45.6% 429,222 $31.3M
Adelante Capital Management LLC 2.30% Add +15.4% 427,610 $31.2M
California Public Employees Retirement System 0.02% Reduce -12.1% 427,396 $31.2M
Leeward Investments, LLC - MA 1.66% Reduce -6.2% 426,070 $31.1M
GRS Advisors, LLC 2.71% Reduce -47.9% 386,448 $28.2M
William Blair Investment Management, LLC 0.07% Reduce -44.1% 376,499 $27.5M
Sumitomo Mitsui Trust Group, Inc. 0.02% Add +4.4% 365,553 $26.7M
Heitman Real Estate Securities LLC 1.88% Reduce -27.5% 362,824 $26.5M
Wells Fargo & Company 0.01% Reduce -0.5% 352,718 $25.8M
Sophron Capital Management L.P. 7.88% Add +98.1% 352,401 $25.7M
Resolution Capital Ltd 0.48% Reduce -63.1% 334,640 $24.4M
Loomis Sayles & Co. L P 0.03% Add +2.6% 331,336 $24.2M
Systematic Financial Management LP 0.64% Add +1.1% 327,724 $23.9M
AQR Capital Management 0.02% Add +17.0% 327,755 $23.7M
Rhumbline Advisers 0.02% Add +0.8% 324,028 $23.7M
Thrivent Financial for Lutherans 0.05% Reduce -66.1% 317,679 $23.2M
Neuberger Berman Group LLC 0.02% Add +2304.3% 300,394 $21.9M
Hazelview Securities Inc. 3.86% Add +6.5% 305,233 $21.8M
State of New Jersey Common Pension Fund D 0.08% Reduce -0.1% 298,060 $21.8M
HRT Financial LP 0.10% Add +99.9% 295,414 $21.6M
Cubist Systematic Strategies, LLC 0.23% Add +1804.5% 286,508 $20.9M
UBS Group AG 0.00% Add +20.6% 283,236 $20.7M
Envestnet Asset Management Inc. 0.01% Reduce -3.7% 282,899 $20.7M
HSBC Holdings PLC 0.01% Add +244.5% 285,122 $20.7M
T. Rowe Price Associates Inc. 0.00% Reduce -39.1% 266,007 $19.4M
Public Employees Retirement System of Ohio 0.06% Add +0.7% 259,974 $19.0M
Schroder Investment Management Group 0.02% Add +7.6% 252,559 $18.5M
Ghisallo Capital Management LLC 0.49% New 250,000 $18.3M
Aristotle Capital Boston, LLC 0.93% Add +4.2% 249,869 $18.3M
Royal Bank of Canada 0.00% Reduce -5.9% 249,595 $18.2M
Alliancebernstein L.P. 0.01% Reduce -4.4% 245,507 $17.9M
Fort Washington Investment Advisors Inc. 0.10% Reduce -19.4% 239,384 $17.5M
CANADA LIFE ASSURANCE Co 0.03% Add +7.6% 235,833 $17.2M
Easterly Investment Partners LLC 1.21% New 230,661 $16.9M
Goldman Sachs Group Inc. 0.00% Add +54.6% 214,234 $15.7M
Jump Financial, LLC 0.19% Add +169.9% 208,252 $15.2M
Asset Management One Co., Ltd. 0.05% Reduce -3.3% 207,659 $15.2M
Qube Research & Technologies Ltd 0.02% New 206,603 $15.1M
Lasalle Investment Management Securities LLC 0.62% Reduce -1.1% 205,936 $15.0M
Swiss National Bank 0.01% Add +2.2% 204,982 $15.0M
Barclays PLC 0.01% Add +133.2% 204,747 $15.0M
Quantbot Technologies LP 0.38% Add +4.8% 204,731 $15.0M
Duff & Phelps Investment Management Co. 0.18% Add +3300.8% 204,050 $14.9M
Ceredex Value Advisors LLC 0.30% Add +15.8% 191,550 $14.0M
Verition Fund Management LLC 0.08% Add +16.9% 187,116 $13.7M
Ameriprise Financial Inc. 0.00% Add +21.6% 186,382 $13.6M
State of Wisconsin Investment Board 0.03% Reduce -7.2% 184,527 $13.5M
Lighthouse Investment Partners, LLC 0.57% Reduce -36.8% 180,000 $13.2M
Franklin Resources Inc. 0.00% Add +35.4% 163,756 $12.0M
Nomura Asset Management Co. Ltd. 0.03% Add +1.3% 154,960 $11.3M
VIRGINIA RETIREMENT SYSTEMS ET Al 0.08% Reduce -3.3% 152,168 $11.1M
Clearbridge Investments, LLC 0.01% New 151,732 $11.1M
Mitsubishi UFJ Trust & Banking Corp 0.02% Add +35.2% 144,383 $10.5M
Retirement Systems of Alabama 0.04% Add +3.0% 134,208 $9.8M
BNP Paribas Financial Markets 0.01% Add +171.1% 130,905 $9.6M
Uniplan Investment Counsel, Inc. 0.98% Reduce -1.9% 128,325 $9.4M
Natixis Advisors, LLC 0.01% Add +20.6% 121,757 $8.9M
Jane Street Group, LLC 0.01% Add +344.1% 121,529 $8.9M
ExodusPoint Capital Management, LP 0.10% Reduce -63.7% 117,379 $8.6M
Connor, Clark & Lunn Investment Management Ltd. 0.03% Add +880.2% 115,904 $8.5M
New York State Teachers Retirement System 0.02% Add +0.5% 114,582 $8.4M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -84.6% 113,083 $8.3M
OVERSEA-CHINESE BANKING Corp Ltd 0.23% Reduce -1.7% 110,766 $8.1M
Victory Capital Management Inc. 0.01% Add +4.1% 109,148 $8.0M
Atom Investors LP 0.70% Add +1426.0% 108,587 $7.9M
STRS Ohio 0.03% Reduce -30.5% 108,557 $7.9M
Allianz Asset Management GmbH 0.01% Add +17.1% 106,947 $7.8M
California State Teachers Retirement System 0.01% Add +7.1% 104,215 $7.6M
Y-Intercept (Hong Kong) Ltd 0.18% Add +2854.6% 100,604 $7.4M
Brookfield Corp 0.01% Reduce -11.5% 100,565 $7.3M
Phocas Financial Corp. 1.04% Add +0.0% 99,309 $7.3M
Ibex Wealth Advisors 0.77% Add +6.0% 99,201 $7.2M
Squarepoint Ops LLC 0.02% Add +69.5% 96,510 $7.1M
Manufacturers Life Insurance Company, The 0.01% Reduce -2.9% 90,413 $6.6M
AXA S.A. 0.02% New 88,680 $6.5M
Creative Planning 0.01% Add +7.0% 87,936 $6.4M
Bank of Nova Scotia 0.01% Add +1863.1% 85,652 $6.3M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.02% Add +3.7% 85,404 $6.2M
LMCG Investments, LLC 0.39% Add +18.9% 84,393 $6.2M
Gotham Asset Management 0.04% Add +257.3% 83,407 $6.1M
Susquehanna Fundamental Investments, LLC 0.16% Reduce -18.0% 81,780 $6.0M
New Age Alpha Advisors, LLC 0.26% Reduce -19.8% 81,690 $6.0M
Impax Asset Management Group plc 0.03% Reduce -20.0% 80,000 $5.8M
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% Add +7.6% 79,427 $5.8M
Aptus Capital Advisors, LLC 0.06% Add +9.7% 79,154 $5.8M
Boothbay Fund Management, LLC 0.18% Reduce -46.5% 76,837 $5.6M
First Trust Advisors LP 0.00% Add +46.8% 74,203 $5.4M
New York State Common Retirement Fund 0.01% Reduce -37.5% 67,716 $4.9M
State of Alaska, Department of Revenue 0.05% Add +4.9% 65,357 $4.8M
Great Lakes Advisors, LLC 0.04% Add +11.5% 65,146 $4.8M
Baron Capital (BAMCO) 0.01% Reduce -40.2% 64,628 $4.7M
Exchange Traded Concepts, LLC 0.06% Add +22.3% 63,929 $4.7M
DekaBank Deutsche Girozentrale 0.01% Add +6.6% 63,542 $4.6M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.02% Add +7.8% 63,284 $4.6M
Mutual of America Capital Management LLC 0.04% Reduce -0.9% 54,608 $4.0M
Amundi 0.00% Reduce -10.6% 52,807 $3.8M
Treasurer of the State of North Carolina 0.01% Add +8.5% 50,569 $3.7M
Amalgamated Bank 0.03% Add +2.7% 50,066 $3.7M
Truist Financial Corp. 0.01% Reduce -1.4% 49,941 $3.6M
Van Eck Associates Corp. 0.00% Add +6.4% 48,943 $3.6M
Fisher Asset Management 0.00% Reduce -53.8% 48,069 $3.5M
State of Tennessee, Department of Treasury 0.01% No change 47,515 $3.5M
Community Trust & Investment Co. 0.20% Reduce -1.5% 46,503 $3.4M
CoreCap Advisors, LLC 0.14% Add +9.6% 45,858 $3.4M
LPL Financial LLC 0.00% Add +2.4% 45,294 $3.3M
SummitTX Capital, L.P. 0.14% Add +192.8% 44,845 $3.3M
Resona Asset Management Co.,Ltd. 0.02% Reduce -5.7% 44,032 $3.2M
Twin Tree Management, LP 0.08% Reduce -50.7% 42,513 $3.1M
Deprince Race & Zollo Inc. 0.06% Reduce -92.2% 41,627 $3.0M
Police & Firemen's Retirement System of New Jersey 0.03% Add +7.3% 40,862 $3.0M
Pathstone Holdings, LLC 0.01% Add +28.6% 40,632 $3.0M
Brevan Howard Capital Management LP 0.03% Add +47.6% 40,451 $3.0M
Yousif Capital Management, LLC 0.03% Add +0.9% 40,406 $3.0M
Agf Management Ltd. 0.01% Add +8.5% 39,948 $2.9M
GSI Capital Advisors LLC 1.54% Add +0.3% 39,483 $2.9M
Cerity Partners LLC 0.01% Reduce -1.4% 38,567 $2.8M
Employees Retirement System of Texas 0.03% Add +1.0% 38,368 $2.8M
Blue Chip Partners, LLC 0.23% Reduce -0.1% 38,024 $2.8M
M&T Bank Corp 0.01% Add +12.3% 37,556 $2.7M
Community Bank of Raymore 1.99% Reduce -7.1% 36,715 $2.7M
Presima Securities ULC 0.62% Add +1.9% 36,652 $2.7M
Stifel Financial Corp. 0.00% Add +2.5% 36,362 $2.7M
State Board of Administration of Florida Retirement System 0.00% Reduce -1.6% 36,009 $2.6M
Engineers Gate Manager LP 0.03% Add +513.4% 35,593 $2.6M
Gsa Capital Partners LLP 0.17% Add +219.5% 33,644 $2.5M
Teachers Retirement System of the State of Kentucky 0.02% Add +23.6% 33,531 $2.5M
First National Bank of Omaha 0.15% Reduce -9.8% 32,516 $2.4M
Aberdeen Group plc 0.00% Add +19.4% 32,510 $2.4M
Cetera Investment Advisers 0.00% Add +4.4% 32,022 $2.3M
Lazard Asset Management LLC 0.00% Reduce -6.4% 31,879 $2.3M
Ensign Peak Advisors, Inc 0.00% No change 31,788 $2.3M
Bridgefront Capital, LLC 0.61% Add +42.9% 31,467 $2.3M
Arizona State Retirement System 0.01% Add +5.5% 31,330 $2.3M
Louisiana State Employees Retirement System 0.04% Add +3.0% 30,900 $2.3M
UniSuper Management Pty Ltd 0.02% Add +6.9% 30,800 $2.3M
FJ Capital Management LLC 0.23% Add +161.5% 30,114 $2.2M
Schonfeld Strategic Advisors LLC 0.02% Reduce -80.7% 29,662 $2.2M
Cibc World Markets Corp. 0.01% Reduce -2.2% 29,234 $2.1M
E. Ohman J:or Asset Management AB 0.05% No change 27,883 $2.0M
KLP Kapitalforvaltning As 0.01% Add +4.1% 27,700 $2.0M
Ilex Capital Partners (UK) LLP 0.07% Reduce -42.2% 27,642 $2.0M
Handelsbanken Fonder AB 0.01% No change 27,537 $2.0M
State of Michigan Retirement System 0.01% Add +3.1% 26,400 $1.9M
Orion Porfolio Solutions, LLC 0.02% Add +0.8% 26,280 $1.9M
HGI Capital Management, LLC 2.59% New 26,176 $1.9M
Susquehanna Portfolio Strategies, LLC 0.04% New 26,085 $1.9M
Oppenheimer Asset Management Inc. 0.02% Add +23.5% 26,027 $1.9M
Harvest Portfolios Group Inc. 0.04% Add +17.4% 25,823 $1.9M
Arrowstreet Capital, Limited Partnership 0.00% New 25,661 $1.9M
Bank of Montreal 0.00% Add +51.6% 25,406 $1.9M
Nisa Investment Advisors, LLC 0.01% Reduce -16.3% 24,978 $1.8M
Vanderbilt University 0.35% Add +11.5% 25,074 $1.8M
Point72 Asset Management 0.00% Add +303.6% 24,655 $1.8M
Northwestern Mutual Investment Management Company, LLC 0.03% Add +3.0% 24,517 $1.8M
Dana Investment Advisors, Inc. 0.06% Add +0.1% 24,155 $1.8M
Teacher Retirement System of Texas 0.01% Reduce -1.3% 24,096 $1.8M
Sumitomo Mitsui DS Asset Management Company, Ltd 0.02% Add +7.3% 23,326 $1.7M
Oregon Public Employees Retirement Fund 0.03% Add +3.2% 22,454 $1.6M
Redmond Asset Management, LLC 0.39% Reduce -0.1% 22,444 $1.6M
Assetmark, Inc. 0.00% Add +41.0% 22,283 $1.6M
Vestcor Inc 0.05% New 21,845 $1.6M
Ameritas Investment Partners, Inc. 0.05% Add +1.2% 21,320 $1.6M
HighTower Advisors, LLC 0.00% Reduce -4.7% 21,205 $1.5M
FMR LLC 0.00% Reduce -95.7% 21,171 $1.5M
New Mexico Educational Retirement Board 0.05% No change 20,700 $1.5M
Motley Fool Wealth Management, LLC 0.09% Reduce -12.3% 20,326 $1.5M
Nicola Wealth Management LTD. 0.14% Add +6.6% 20,296 $1.5M
Citizens National Bank Trust Department 0.28% Add +10.9% 19,416 $1.4M
Capital Fund Management S.A. 0.02% New 19,355 $1.4M
Mariner, LLC 0.00% Add +15.3% 19,340 $1.4M
Moran Wealth Management, LLC 0.04% Reduce -1.3% 19,050 $1.4M
Worldquant Millennium Advisors LLC 0.01% New 18,864 $1.4M
Quantinno Capital Management LP 0.01% Add +26.7% 18,551 $1.4M
Town & Country Bank & Trust CO dba First Bankers Trust CO 0.50% Add +4.9% 18,389 $1.3M
Metis Global Partners, LLC 0.03% Add +34.1% 18,183 $1.3M
Sequoia Financial Advisors, LLC 0.01% Add +280.2% 17,981 $1.3M
Tributary Capital Management, LLC 0.12% Reduce -89.7% 17,855 $1.3M
Vanguard Personalized Indexing Management, LLC 0.01% Add +10.2% 17,812 $1.3M
Pathway Financial Advisers, LLC 0.42% Add +3.8% 17,784 $1.3M
IFM Investors Pty Ltd 0.01% Reduce -14.7% 17,540 $1.3M
Parr McKnight Wealth Management Group, LLC 0.17% Add +1.6% 17,150 $1.3M
Oak Thistle LLC 0.18% Add +73.0% 17,106 $1.2M
Foresight Group Ltd Liability Partnership 0.17% No change 16,865 $1.2M
Cincinnati Specialty Underwriters Insurance CO 0.32% No change 16,500 $1.2M
Quadrant Capital Group LLC 0.04% Add +0.8% 16,211 $1.2M
Nissay Asset Management Corp. /Japan 0.01% Add +6.6% 16,197 $1.2M
Cambridge Investment Research Advisors, Inc. 0.00% Add +8.0% 15,816 $1.2M
Pictet Asset Management Holding SA 0.00% Reduce -31.3% 15,696 $1.1M
Graham Capital Management, L.P. 0.03% Add +134.4% 15,543 $1.1M
Federated Hermes, Inc. 0.00% Add +13.3% 15,196 $1.1M
Keybank National Association 0.00% Reduce -19.1% 14,448 $1.1M
PNC Financial Services Group, Inc. 0.00% Reduce -1.0% 14,085 $1.0M
Lecap Asset Management Ltd. 0.36% New 13,955 $1.0M
Wealth Enhancement Advisory Services, LLC 0.00% Add +16.4% 13,517 $973K
Elo Mutual Pension Insurance Co 0.02% New 13,286 $971K
Atria Investments, Inc 0.01% Add +2.5% 12,733 $930K
Pitcairn Co. 0.06% Reduce -18.5% 12,365 $903K
Intrust Bank NA 0.08% Add +22.5% 12,326 $901K
Xponance LLC 0.01% Add +1.6% 12,284 $897K
Voya Investment Management LLC 0.00% Reduce -4.9% 12,094 $884K
US Bancorp \de 0.00% Reduce -19.4% 11,998 $877K
&partners 0.01% Reduce -7.1% 11,898 $869K
Friedenthal Financial 0.48% Add +2.4% 11,894 $869K
Gilman Hill Asset Management, LLC 0.14% Reduce -4.0% 11,755 $859K
Applied Capital LLC 0.61% Reduce -0.1% 11,147 $814K
Silvercrest Asset Management Group LLC 0.01% Reduce -5.7% 11,108 $812K
Scientech Research LLC 0.20% New 10,928 $798K
WESPAC Advisors, LLC 0.56% New 10,886 $795K
James Investment Research, Inc. 0.09% No change 10,822 $791K
Signaturefd, LLC 0.01% Add +7.5% 10,714 $783K
Ethic Inc. 0.01% Add +18.3% 10,473 $758K
Center for Financial Planning, Inc. 0.09% No change 10,237 $748K
Choreo, LLC 0.01% Reduce -0.0% 9,635 $706K
Invst, LLC 0.09% Reduce -3.7% 9,543 $697K
Capital Square, LLC 0.37% Reduce -30.8% 9,715 $696K
Ontario Teachers Pension Plan Board 0.01% New 9,267 $677K
Texas Yale Capital Corp. 0.02% No change 9,195 $672K
Commonwealth Equity Services, LLC 0.00% Add +25.5% 9,114 $666K
Schnieders Capital Management LLC 0.12% Reduce -4.7% 9,051 $661K
Janney Montgomery Scott LLC 0.00% Reduce -25.1% 8,978 $656K
Advisors Asset Management, Inc. 0.01% Add +3.6% 8,830 $645K
Allstate Corp. 0.05% Reduce -74.1% 8,756 $640K
1620 Investment Advisors, Inc. 0.46% Add +2.1% 8,739 $639K
MQS Management LLC 0.35% New 8,587 $627K
Farringdon Capital, Ltd. 0.21% New 8,384 $613K
Securian Asset Management, Inc. 0.02% Add +2.9% 8,362 $611K
Sterling Capital Management LLC 0.01% Add +30.2% 8,259 $603K
Spirit of America Management Corp. 0.12% No change 8,100 $592K
CSU Producer Resources, Inc. 1.83% No change 8,000 $584K
Crossmark Global Holdings, Inc. 0.01% Add +1.7% 7,979 $583K
Captrust Financial Advisors 0.00% Reduce -8.8% 7,969 $582K
First National Advisers, LLC 0.09% Add +6.3% 7,967 $582K
Public Employees Retirement Association of Colorado 0.00% No change 7,909 $578K
Avantax Advisory Services, Inc. 0.00% Add +13.3% 7,862 $574K
Virtus Advisers, LLC 0.36% No change 7,815 $571K
Journey Strategic Wealth LLC 0.02% Add +16.5% 7,677 $561K
Ethos Financial Group, LLC 0.05% Add +16.6% 7,639 $558K
Virtu Financial LLC 0.03% Add +22.7% 7,603 $555K
Prelude Capital Management, LLC 0.05% New 7,570 $553K
Mercer Global Advisors Inc. 0.00% Add +70.8% 7,510 $548K
Garden State Investment Advisory Services LLC 0.14% No change 7,329 $535K
Vident Advisory, LLC 0.01% Reduce -2.6% 7,280 $532K
MML Investors Services, LLC 0.00% Reduce -9.2% 7,225 $528K
Ascentis Independent Advisors 0.10% Add +4.8% 7,022 $513K
Cambria Investment Management, L.P. 0.03% Add +19.5% 6,964 $509K
Concurrent Investment Advisors, LLC 0.01% Add +0.1% 6,784 $496K
Landscape Capital Management, L.L.C. 0.04% Reduce -65.8% 6,760 $494K
Park Avenue Securities LLC 0.00% Reduce -2.4% 6,723 $491K
Koshinski Asset Management, Inc. 0.04% No change 6,652 $486K
Tidal Investments LLC 0.00% New 6,583 $481K
DoubleLine ETF Adviser LP 0.15% Add +8.2% 6,471 $473K
Caxton Associates LLP 0.01% Reduce -32.8% 6,459 $472K
Centiva Capital, LP 0.03% New 6,424 $469K
Federation des caisses Desjardins du Quebec 0.00% New 6,355 $464K
Commerce Bank 0.00% No change 6,279 $459K
Osaic Holdings, Inc. 0.00% Reduce -6.3% 6,173 $451K
Atlantic Union Bankshares Corp 0.01% No change 6,040 $441K
Fifth Third Bancorp 0.00% Add +33.5% 6,030 $441K
Corient Private Wealth LP 0.00% Reduce -0.2% 5,999 $438K
Trust Co. of Toledo NA 0.05% No change 5,863 $428K
Fairtree Asset Management (Pty) Ltd 0.32% New 5,836 $426K
SG Americas Securities, LLC 0.00% Reduce -55.3% 5,764 $421K
Illinois Municipal Retirement Fund 0.01% Reduce -65.8% 5,722 $418K
Utah Retirement Systems 0.00% Add +4.8% 5,722 $418K
PharVision Advisers, LLC 0.59% New 5,654 $413K
Spire Wealth Management 0.01% Reduce -5.1% 5,540 $405K
Fiduciary Trust Co 0.00% Add +0.6% 5,490 $401K
O'shaughnessy Asset Management, LLC 0.00% Add +22.4% 5,364 $392K
Total Wealth Planning & Management, Inc. 0.33% Reduce -3.8% 5,255 $384K
Norinchukin Bank, The 0.01% Add +6.0% 5,233 $382K
Vestmark Advisory Solutions, Inc. 0.01% Reduce -15.9% 5,213 $381K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% New 5,190 $379K
Point72 (DIFC) Ltd 0.03% New 5,173 $378K
Integrated Investment Consultants, LLC 0.07% Reduce -2.5% 5,167 $378K
NEOS Investment Management LLC 0.00% New 5,099 $373K
Sage Investment Counsel LLC 0.43% Add +7.4% 5,028 $367K
Maryland State Retirement & Pension System 0.01% No change 4,994 $365K
Greenleaf Trust 0.00% Add +2.2% 4,943 $361K
Cwm, LLC 0.00% Add +42.2% 4,912 $359K
GeoWealth Management, LLC 0.01% Add +84.6% 4,886 $357K
ProShare Advisors LLC 0.00% Add +6.8% 4,868 $356K
EP Wealth Advisors, LLC 0.00% Add +18.7% 4,758 $348K
J.W. Cole Advisors, Inc. 0.01% Add +1.3% 4,676 $342K
Group One Trading LLC 0.01% New 4,673 $341K
Envestnet Portfolio Solutions, Inc. 0.00% Reduce -27.2% 4,662 $341K
Frank, Rimerman Advisors LLC 0.02% New 4,653 $340K
Baird Financial Group, Inc. 0.00% Reduce -0.6% 4,588 $335K
XTX Topco Ltd 0.01% Reduce -55.2% 4,558 $333K
AE Wealth Management LLC 0.00% Reduce -3.0% 4,497 $329K
Evergreen Capital Management LLC 0.01% Reduce -0.3% 4,426 $323K
GC Wealth Management RIA, LLC 0.03% New 4,410 $322K
Coldstream Capital Management Inc. 0.01% Reduce -9.6% 4,385 $320K
Cornercap Investment Counsel Inc. 0.17% Reduce -2.2% 4,381 $320K
NJ State Employees Deferred Compensation Plan 0.03% No change 4,000 $292K
Bailard, Inc. 0.01% No change 3,890 $284K
Creative Financial Designs Inc. 0.02% Add +0.6% 3,865 $282K
Wealthspire Advisors, LLC 0.00% Reduce -7.7% 3,862 $282K
Summit Trail Advisors, LLC 0.00% New 3,789 $278K
Compound Planning, Inc. 0.01% Add +2.7% 3,804 $278K
Shelton Capital Management 0.01% No change 3,709 $271K
Machina Capital S.A.S. 0.05% New 3,611 $264K
NewEdge Wealth, LLC 0.00% Add +6.6% 3,476 $257K
Tower Research Capital LLC (TRC) 0.01% Reduce -62.6% 3,414 $249K
Carmel Capital Partners, LLC 0.09% Reduce -50.0% 3,411 $249K
OneDigital Investment Advisors LLC 0.00% Reduce -1.2% 3,399 $248K
Corton Capital Inc. 0.29% New 3,359 $245K
Regions Financial Corp. 0.00% Reduce -7.2% 3,347 $245K
Quarry LP 0.06% Add +196.4% 3,341 $244K
Zimmer Partners, LP 0.01% New 3,333 $244K
Clarkston Capital Partners, LLC 0.01% No change 3,300 $241K
Wealth Quarterback LLC 0.11% New 3,298 $241K
QRG Capital Management, Inc. 0.00% Add +4.3% 3,221 $235K
United Capital Financial Advisors, LLC 0.00% New 3,193 $233K
Fifth Third Wealth Advisors LLC 0.01% Reduce -0.8% 3,174 $232K
CIBC Asset Management Inc 0.00% No change 3,174 $232K
Harvest Fund Management Co., Ltd 0.01% Reduce -48.5% 3,147 $230K
GAMMA Investing LLC 0.01% Add +14.9% 3,112 $227K
Versor Investments LP 0.04% New 3,025 $221K
GW Henssler & Associates Ltd. 0.01% New 3,002 $219K
Longboard Asset Management, LP 0.54% No change 2,990 $218K
HighPoint Advisor Group LLC 0.01% Add +0.8% 2,988 $218K
1492 Capital Management LLC 0.10% No change 2,973 $217K
Arax Advisory Partners 0.01% Reduce -3.2% 212 $209K
Allie Family Office LLC 0.10% No change 2,814 $206K
Inceptionr LLC 0.05% New 2,809 $205K
Anb Bank 0.09% New 2,799 $204K
Swiss Life Asset Management Ltd 0.00% New 2,765 $202K
M&G PLC 0.00% New 2,711 $198K
KBC Group NV 0.00% Reduce -41.7% 2,527 $185K
Mirae Asset Global Investments Co., Ltd. 0.00% Reduce -20.5% 2,224 $162K
Central Pacific Bank - Trust Division 0.02% Reduce -20.8% 2,204 $161K
Brooklyn Investment Group 0.02% Add +1631.8% 2,182 $159K
FIL Ltd 0.00% New 2,031 $148K
UMB Bank, n.a. 0.00% Add +16.0% 2,024 $148K
Hantz Financial Services, Inc. 0.00% Add +580.1% 1,986 $145K
Covestor Ltd 0.08% Reduce -25.8% 1,966 $144K
GF Fund Management Co. LTD. 0.00% Reduce -3.4% 1,894 $138K
Parallel Advisors, LLC 0.00% Add +7.5% 1,891 $138K
Kestra Investment Management, LLC 0.00% Reduce -0.8% 1,881 $137K
Blue Trust, Inc. 0.00% Add +44.4% 1,770 $129K
Larson Financial Group LLC 0.01% Add +209.5% 1,690 $123K
Private Trust Co. NA 0.01% Reduce -5.3% 1,621 $118K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Reduce -96.9% 1,597 $117K
Bayforest Capital Ltd 0.05% Reduce -56.6% 1,515 $111K
EverSource Wealth Advisors, LLC 0.00% Add +245.6% 1,358 $99K
Caitong International Asset Management Co., Ltd 0.07% Add +229.1% 1,356 $99K
Carderock Capital Management Inc. 0.02% New 1,300 $95K
CI Investments Inc. 0.00% Reduce -16.4% 1,191 $87K
Jones Financial Companies LLLP 0.00% Add +43.1% 1,169 $85K
Smartleaf Asset Management LLC 0.01% Reduce -18.8% 1,155 $84K
Brown Brothers Harriman & Co. 0.00% No change 1,139 $83K
Principal Securities, Inc. 0.00% Reduce -1.9% 1,120 $82K
Steward Partners Investment Advisory, LLC 0.00% Reduce -10.3% 1,105 $81K
Wilmington Savings Fund Society, FSB 0.00% No change 1,060 $77K
MassMutual Private Wealth & Trust, FSB 0.00% Add +10.5% 1,011 $74K
IFP Advisors, Inc 0.00% New 940 $69K
MAI Capital Management 0.00% Add +122.3% 907 $66K
Danske Bank A/S 0.00% New 900 $66K
Allworth Financial LP 0.00% Add +41.6% 891 $65K
Sound Income Strategies, LLC 0.00% Reduce -6.5% 738 $54K
Bessemer Group Inc. 0.00% Add +1.6% 680 $50K
Gables Capital Management Inc. 0.02% No change 600 $44K
Global Retirement Partners, LLC 0.00% — 592 $43K
Huntington National Bank 0.00% Add +0.5% 590 $43K
Northwestern Mutual Wealth Management Co. 0.00% Add +158.9% 580 $42K
Versant Capital Management, Inc 0.01% Reduce -1.1% 525 $38K
Smithfield Trust Co 0.00% No change 510 $37K
Atticus Wealth Management, LLC 0.01% No change 500 $37K
North Star Investment Management Corp. 0.00% No change 500 $37K
MCF Advisors LLC 0.00% Add +0.6% 485 $35K
National Bank of Canada 0.00% New 472 $34K
Lanark Financial, Inc. 0.00% Reduce -16.6% 432 $31K
Bernard Wealth Management Corp. 0.01% Reduce -5.2% 423 $31K
Aew Capital Management L P 0.00% No change 400 $29K
Farther Finance Advisors, LLC 0.00% Add +408.0% 381 $28K
Capital Analysts, LLC 0.00% Add +0.6% 323 $24K
Elevation Point Wealth Partners, LLC 0.00% New 328 $24K
Whittier Trust Co. 0.00% Add +40.1% 318 $23K
Clearstead Advisors, LLC 0.00% Add +83.1% 304 $22K
Whittier Trust Co. of Nevada Inc. 0.00% Add +207.8% 277 $20K
Glenmede Investment Management, LP 0.00% — 262 $19K
Clearstead Trust, LLC 0.00% Add +272.7% 246 $18K
Parkside Financial Bank & Trust 0.00% Add +5.2% 224 $16K
Essential Partners LLC 0.01% — 219 $16K
Westside Investment Management, Inc. 0.00% New 215 $16K
Smallwood Wealth Investment Management, LLC 0.01% No change 200 $15K
Stephens Consulting, LLC 0.00% No change 200 $15K
Capital Advisors, Ltd. LLC 0.00% Reduce -57.9% 196 $14K
Rise Advisors, LLC 0.01% Add +1.2% 173 $13K
Kentucky Trust Co 0.01% No change 172 $13K
Optimum Investment Advisors 0.00% No change 150 $11K
Caldwell Trust Co 0.00% No change 150 $11K
Geneos Wealth Management Inc. 0.00% Add +13.4% 144 $11K
Fortitude Family Office, LLC 0.00% New 138 $10K
Rosenberg Matthew Hamilton 0.00% No change 123 $9K
Physician Wealth Advisors, Inc. 0.00% Add +4.6% 114 $8K
Itau Unibanco Holding S.A. 0.00% New 114 $8K
Plante Moran Financial Advisors, LLC 0.00% No change 100 $7K
Annis Gardner Whiting Capital Advisors, LLC 0.00% New 93 $7K
Farmers & Merchants Investments Inc. 0.00% Add +19.2% 87 $6K
Twin Peaks Wealth Advisors, LLC 0.00% New 73 $5K
NewEdge Advisors, LLC 0.00% Reduce -97.6% 69 $5K
Harbour Investments, Inc. 0.00% No change 67 $5K
High Note Wealth, LLC 0.00% Add +3.3% 63 $5K
Bell Investment Advisors, Inc 0.00% No change 58 $4K
Roble, Belko & Company, Inc 0.00% Add +2.1% 48 $3K
WPG Advisers, LLC 0.00% No change 37 $3K
First Horizon Advisors, Inc. 0.00% Add +1133.3% 37 $3K
Cornerstone Planning Group LLC 0.00% Reduce -53.9% 30 $2K
Strategic Wealth Partners, Ltd. 0.00% — 26 $2K
Sachetta, LLC 0.00% No change 22 $2K
Private Wealth Management Group, LLC 0.00% No change 22 $2K
Rialto Wealth Management, LLC 0.00% Add +53.9% 20 $1K
Cromwell Holdings LLC 0.00% New 18 $1K
Bare Financial Services, Inc 0.00% New 17 $1K
Provenance Wealth Advisors, LLC 0.00% No change 15 $1K
True Wealth Design, LLC 0.00% Reduce -17.6% 14 $1K
Highline Wealth Partners LLC 0.00% No change 14 $1K
Avion Wealth 0.00% Add +38.9% 25 $1K
Mountain Hill Investment Partners Corp. 0.00% Add +10.0% 11 $768
NewSquare Capital LLC 0.00% Reduce -63.0% 10 $731
Bruce G. Allen Investments, LLC 0.00% No change 8 $584
Raleigh Capital Management Inc. 0.00% New 7 $515
Quaker Wealth Management, LLC 0.00% — 5 $366

"% of holder's portfolio" is ADC's weight in each manager's 13F, not the share of Agree Realty Corp. the manager owns.