Agree RealtyADC
13F holders, Q4 2025 (December 31)492holders +13
44new positions
41sold out
9famous investors
$72.04avg. 13F price*
At the end of Q4 2025, 492 institutions reported holding Agree Realty Corp. (ADC) in their 13F filings, up 13 from Q3 2025. 44 opened new positions and 41 sold out. The largest holders were BlackRock, Inc. ($1.2B), Vanguard Group Inc. ($1.1B) and Cohen & Steers, Inc. ($1.0B). 9 famous investors held it, including Joel Greenblatt (0.1% of Gotham Asset Management's portfolio), Israel Englander (0.1% of Millennium Management's portfolio) and Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio).
- Company
- Agree Realty Corp.
- CUSIP
- 008492100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 44 | $99.3M |
| Exits | 41 | $141.2M |
All 13F filers, Q3 2025 → Q4 2025: 10,996,790 shares bought and 10,982,538 shares sold, net +14,252 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 492 holders
| BlackRock, Inc. | 0.02% | Add +4.5% | 16,787,396 | $1.2B |
| Vanguard Group Inc. | 0.02% | Add +0.5% | 15,731,141 | $1.1B |
| Cohen & Steers, Inc. | 1.84% | Add +4.8% | 14,094,952 | $1.0B |
| State Street Corp. | 0.01% | Add +1.6% | 5,884,291 | $425.3M |
| Principal Financial Group Inc. | 0.16% | Add +80.8% | 4,293,556 | $309.3M |
| Centersquare Investment Management LLC | 2.35% | Add +13.9% | 3,299,172 | $237.6M |
| JPMorgan Chase & Co. | 0.01% | Add +41.0% | 2,843,441 | $204.8M |
| Geode Capital Management, LLC | 0.01% | Add +4.9% | 2,509,922 | $180.8M |
| Daiwa Securities Group Inc. | 0.53% | Reduce -4.2% | 2,262,991 | $163.0M |
| Two Sigma Advisers, LP | 0.32% | Add +4.3% | 2,258,287 | $162.7M |
| Deutsche Bank AG | 0.05% | Reduce -16.2% | 2,175,773 | $156.7M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +7.3% | 1,955,974 | $140.9M |
| Prudential Financial Inc. | 0.16% | Add +4.6% | 1,793,978 | $129.2M |
| Nomura Asset Management International Inc. | 0.19% | — | 1,779,224 | $128.2M |
| Two Sigma Investments, LP | 0.19% | Reduce -2.0% | 1,690,448 | $121.8M |
| Dimensional Fund Advisors LP | 0.03% | Add +3.5% | 1,682,009 | $121.2M |
| Norges Bank | 0.01% | — | 1,612,027 | $116.1M |
| Millennium Management | 0.08% | Add +13.5% | 1,433,553 | $103.3M |
| Morgan Stanley | 0.01% | Add +10.0% | 1,307,232 | $94.2M |
| Raymond James Financial Inc. | 0.03% | Reduce -2.0% | 1,263,936 | $91.2M |
| Janus Henderson Group PLC | 0.04% | Reduce -9.6% | 1,252,677 | $90.2M |
| Nuveen, LLC | 0.02% | Reduce -19.4% | 1,220,295 | $87.9M |
| Engineers Gate Manager LP | 1.01% | Add +3043.2% | 1,182,229 | $85.2M |
| Northern Trust Corp. | 0.01% | Reduce -33.6% | 1,116,199 | $80.4M |
| PGGM Investments | 1.17% | Reduce -12.1% | 1,027,100 | $74.0M |
| Citadel Advisors | 0.05% | Reduce -39.7% | 991,678 | $71.4M |
| Duff & Phelps Investment Management Co. | 0.78% | Add +14.2% | 957,943 | $69.0M |
| Russell Investments Group, Ltd. | 0.07% | Reduce -25.3% | 947,882 | $68.3M |
| Bank of New York Mellon Corp | 0.01% | Reduce -5.0% | 928,905 | $66.9M |
| Bank of America Corp. | 0.00% | Add +16.9% | 923,081 | $66.5M |
| GW&K Investment Management, LLC | 0.56% | Reduce -7.3% | 906,544 | $65.3M |
| Sei Investments Co. | 0.06% | Add +20.8% | 826,316 | $59.5M |
| Frontier Capital Management Co. LLC | 0.62% | Reduce -12.7% | 806,232 | $58.1M |
| Cincinnati Insurance Co. | 0.87% | No change | 789,500 | $56.9M |
| American Century Companies Inc. | 0.03% | Reduce -0.6% | 788,390 | $56.8M |
| Sumitomo Mitsui Trust Group, Inc. | 0.03% | Add +7.1% | 727,114 | $52.4M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Reduce -0.7% | 710,056 | $51.1M |
| Legal & General Group Plc | 0.01% | Add +8.8% | 707,930 | $51.0M |
| Lasalle Investment Management Securities LLC | 1.95% | Add +6.2% | 674,524 | $48.6M |
| Freestone Grove Partners LP | 0.33% | Add +117.3% | 635,736 | $45.8M |
| Balyasny Asset Management L.P. | 0.09% | Reduce -61.1% | 633,227 | $45.6M |
| Voloridge Investment Management, LLC | 0.16% | Add +5.0% | 624,943 | $45.0M |
| Bahl & Gaynor LLC | 0.22% | Reduce -1.0% | 598,399 | $43.1M |
| Alyeska Investment Group, L.P. | 0.12% | Reduce -30.0% | 586,091 | $42.2M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.06% | Add +9.9% | 508,574 | $36.8M |
| Invesco Ltd. | 0.00% | Add +11.0% | 468,934 | $33.8M |
| Goldman Sachs Group Inc. | 0.00% | Add +82.3% | 451,139 | $32.5M |
| Adelante Capital Management LLC | 2.13% | Reduce -0.7% | 438,415 | $31.6M |
| Leeward Investments, LLC - MA | 1.48% | Reduce -2.4% | 404,859 | $29.2M |
| Fort Washington Investment Advisors Inc. | 0.15% | Add +3.5% | 388,843 | $28.0M |
| Holocene Advisors, LP | 0.06% | New | 387,093 | $27.9M |
| Gotham Asset Management | 0.10% | Add +130.6% | 364,533 | $26.3M |
| Thrivent Financial for Lutherans | 0.05% | Add +3.4% | 354,570 | $25.5M |
| Wells Fargo & Company | 0.01% | Reduce -0.2% | 353,367 | $25.5M |
| Heitman Real Estate Securities LLC | 1.79% | Add +362.1% | 352,980 | $25.4M |
| William Blair Investment Management, LLC | 0.07% | Reduce -6.7% | 352,710 | $25.4M |
| Neuberger Berman Group LLC | 0.02% | Reduce -0.6% | 335,483 | $24.2M |
| Systematic Financial Management LP | 0.55% | Add +0.1% | 325,747 | $23.5M |
| AQR Capital Management | 0.01% | Reduce -7.1% | 325,082 | $23.4M |
| Rhumbline Advisers | 0.02% | Add +2.1% | 324,480 | $23.4M |
| HRT Financial LP | 0.07% | Reduce -16.6% | 323,065 | $23.3M |
| Allspring Global Investments Holdings, LLC | 0.04% | Reduce -47.4% | 320,172 | $23.1M |
| Loomis Sayles & Co. L P | 0.03% | Add +1.8% | 316,106 | $22.8M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -4.0% | 306,328 | $22.1M |
| APG Asset Management US Inc. | 0.17% | Reduce -30.5% | 302,697 | $21.8M |
| UBS Group AG | 0.00% | Add +28.9% | 302,257 | $21.8M |
| Sophron Capital Management L.P. | 6.99% | Reduce -5.4% | 301,782 | $21.7M |
| State of New Jersey Common Pension Fund D | 0.08% | Add +0.1% | 301,132 | $21.7M |
| Lighthouse Investment Partners, LLC | 0.72% | Add +43.1% | 300,470 | $21.6M |
| California Public Employees Retirement System | 0.01% | Reduce -18.6% | 300,308 | $21.6M |
| Apollo Management Holdings, L.P. | 0.25% | New | 298,880 | $21.5M |
| HSBC Holdings PLC | 0.01% | Add +25.5% | 295,693 | $21.3M |
| Public Employees Retirement System of Ohio | 0.06% | Reduce -1.0% | 265,134 | $19.1M |
| LMR Partners LLP | 0.24% | New | 261,995 | $18.9M |
| CANADA LIFE ASSURANCE Co | 0.03% | Reduce -0.3% | 250,203 | $18.0M |
| STRS Ohio | 0.06% | Add +20.6% | 234,613 | $16.9M |
| Aristotle Capital Boston, LLC | 0.88% | Reduce -9.8% | 221,606 | $16.0M |
| Ameriprise Financial Inc. | 0.00% | Add +12.3% | 221,199 | $15.9M |
| Cander Asset Management LP | 2.91% | — | 218,620 | $15.7M |
| Swiss National Bank | 0.01% | Reduce -1.7% | 218,282 | $15.7M |
| Barclays PLC | 0.01% | Reduce -7.4% | 213,289 | $15.4M |
| Asset Management One Co., Ltd. | 0.04% | Add +0.4% | 210,099 | $15.2M |
| State of Wisconsin Investment Board | 0.03% | Add +1.8% | 202,315 | $14.6M |
| Impax Asset Management Group plc | 0.09% | No change | 200,000 | $14.4M |
| Alliancebernstein L.P. | 0.00% | Add +15.9% | 176,734 | $12.7M |
| Hazelview Securities Inc. | 2.43% | Reduce -24.9% | 175,224 | $12.6M |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 0.07% | Add +7.7% | 172,678 | $12.4M |
| Ceredex Value Advisors LLC | 0.37% | Reduce -1.2% | 172,500 | $12.4M |
| Nomura Asset Management Co. Ltd. | 0.03% | Add +7.0% | 171,500 | $12.4M |
| Creative Planning | 0.01% | Add +39.0% | 166,458 | $12.0M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.01% | Add +508.7% | 162,975 | $11.7M |
| Clearbridge Investments, LLC | 0.01% | Reduce -1.1% | 159,515 | $11.5M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.03% | Reduce -45.2% | 153,667 | $11.1M |
| BNP Paribas Financial Markets | 0.01% | Add +12.7% | 151,476 | $10.9M |
| D. E. Shaw & Co. | 0.01% | Reduce -39.3% | 151,241 | $10.9M |
| Point72 Asset Management | 0.02% | Add +867.1% | 149,183 | $10.7M |
| Susquehanna Portfolio Strategies, LLC | 0.17% | Add +140.0% | 148,832 | $10.7M |
| Royal Bank of Canada | 0.00% | Reduce -30.1% | 146,909 | $10.6M |
| Citigroup Inc. | 0.01% | Reduce -13.1% | 141,808 | $10.2M |
| Franklin Resources Inc. | 0.00% | Add +9.9% | 138,462 | $10.0M |
"% of holder's portfolio" is ADC's weight in each manager's 13F, not the share of Agree Realty Corp. the manager owns.