$ADC

$67.39 +$0.69 (1.03%) Close

$ADC Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 130.1M shares outstanding

Who owns ADC?

By type of holder

Institutions 100.0% Insiders 0.0% Everyone else 0.0%

Concentration Top 10 holders own 56.9%

BlackRock, Inc. 14.7% · Cohen & Steers, Inc. 12.6%

Institutional ownership

100.0%

0 pts vs last qtr

Institutional holders

495

-7 vs last qtr

Net shares bought

+2.8M

by institutions in Q2 2026

New / sold out

46 / 53

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Norges Bank NEW +1.6M
BlackRock, Inc. +1.2M

Biggest sellers in Q2 2026

Jpmorgan Chase & Co −1.6M
Cohen & Steers, Inc. −1.5M

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Agree Realty Corporation in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+384.3%

+19.16% a year

Each share's claim on the business

−79.4%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$18.4M vs $59.7M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years76% 3–5 years5% 1–3 years10% Under 1 year9%

Quarterly turnover

9.7%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting ADC on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	19.1M	14.69%	+1.2M (+6.8%)	≤2021	0.0%
Shares held by quarter Peak holding19.1M (Q2'26) Change over 8 quarters+5.9M Share of the company14.690% BlackRock, Inc.'s full portfolio →
CS Cohen & Steers, Inc.	16.4M	12.61%	−1.5M (−8.2%)	≤2021	2.0%
Shares held by quarter Peak holding17.9M (Q1'26) Change over 8 quarters+9.6M Share of the company12.610% Cohen & Steers, Inc.'s full portfolio →

BlackRock, Inc.

19.1M

% of company

14.69%

Change vs last qtr

+1.2M (+6.8%)

Held since

≤2021

Cohen & Steers, Inc.

16.4M

% of company

12.61%

Change vs last qtr

−1.5M (−8.2%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Agree Realty Corporation, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting ADC on Form N-PORT; together they hold 43.1% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VR Vanguard Real Estate Index Fund Vanguard Specialized Funds	$355M	4.6M	3.51%	0.49%	July 31, 2026
IC iShares Core S&P Mid-Cap ETF iShares Trust	$311M	4.1M	3.15%	0.25%	June 30, 2026

Vanguard Real Estate Index Fund

Vanguard Specialized Funds

Position value

$355M

% of company

3.51%

% of the fund

0.49%

As of

July 31, 2026

iShares Core S&P Mid-Cap ETF

iShares Trust

Position value

$311M

% of company

3.15%

% of the fund

0.25%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Agree Realty Corporation and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
AR Agree Richard Insider	757.7K	0.58%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.580% Agree Richard's insider activity →
AJ Agree Joey Insider	688.8K	0.53%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.530% Agree Joey's insider activity →

Agree Richard

Insider

757.7K

% of company

0.58%

Change vs last qtr

—

Held since

—

Agree Joey

Insider

688.8K

% of company

0.53%

Change vs last qtr

—

Held since

—

13 more holders behind a free account

See every insider and 5%+ holder of Agree Realty Corporation.

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