CBRE Investment Management Listed Real Assets’s Agree Realty ADC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-821,090	Closed	-$63.4M	–	108
2025 Q1	$63.4M	Buy	821,090 +407,820	+99%	+$29.9M	0.97%	38
2024 Q4	$29.1M	Sell	413,270 -9,787	-2%	-$729K	0.52%	56
2024 Q3	$31.9M	Sell	423,057 -146,908	-26%	-$10.4M	0.51%	54
2024 Q2	$35.3M	Buy	569,965 +330,974	+138%	+$19.6M	0.65%	46
2024 Q1	$13.7M	Buy	238,991 +87,192	+57%	+$5.11M	0.25%	70
2023 Q4	$9.56M	Buy	+151,799	New	+$8.8M	0.17%	76
2022 Q3	–	Sell	-74,700	Closed	-$5.39M	–	122
2022 Q2	$5.39M	Sell	74,700 -1,300	-2%	-$90.2K	0.08%	97
2022 Q1	$5.04M	Buy	76,000 +8,000	+12%	+$520K	0.07%	96
2021 Q4	$4.85M	Buy	68,000 +3,400	+5%	+$236K	0.07%	91
2021 Q3	$4.28M	Hold	64,600	–	–	0.08%	84
2021 Q2	$4.55M	Buy	64,600 +6,800	+12%	+$477K	0.08%	81
2021 Q1	$3.89M	Buy	57,800 +7,500	+15%	+$489K	0.08%	89
2020 Q4	$3.35M	Hold	50,300	–	–	0.07%	86
2020 Q3	$3.2M	Buy	50,300 +8,300	+20%	+$547K	0.08%	87
2020 Q2	$2.76M	Hold	42,000	–	–	0.07%	85
2020 Q1	$2.6M	Buy	+42,000	New	+$2.99M	0.07%	80
2019 Q3	–	Sell	-15,460	Closed	-$990K	–	96
2019 Q2	$990K	Sell	15,460 -59,643	-79%	-$3.98M	0.02%	92
2019 Q1	$5.21M	Sell	75,103 -16,897	-18%	-$1.09M	0.09%	67
2018 Q4	$5.44M	Buy	+92,000	New	+$5.26M	0.09%	50
2018 Q2	–	Sell	-20,519	Closed	-$986K	–	104
2018 Q1	$986K	Buy	20,519 +4,223	+26%	+$203K	0.01%	106
2017 Q4	$838K	Sell	16,296 -2,065	-11%	-$102K	0.01%	107
2017 Q3	$901K	Buy	+18,361	New	+$897K	0.01%	99