Dark Forest Capital Management’s Agree Realty ADC Stock Holding History

Dark Forest Capital Management’s Portfolio ADC Stock Details ADC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	–	Sell	-3,553	Closed	-$268K	–	782
2026 Q1	$268K	Sell	3,553 -64,782	-95%	-$4.91M	0.02%	692
2025 Q4	$4.92M	Buy	68,335 +42,912	+169%	+$3.14M	0.22%	95
2025 Q3	$1.81M	Buy	+25,423	New	+$1.84M	0.07%	497
2025 Q2	–	Sell	-59,501	Closed	-$4.59M	–	1145
2025 Q1	$4.59M	Buy	+59,501	New	+$4.36M	0.21%	89
2024 Q4	–	Sell	-4,629	Closed	-$349K	–	894
2024 Q3	$349K	Buy	+4,629	New	+$328K	0.04%	541
2023 Q4	–	Sell	-11,442	Closed	-$632K	–	441
2023 Q3	$632K	Buy	11,442 +7,496	+190%	+$469K	0.05%	614
2023 Q2	$258K	Buy	+3,946	New	+$261K	0.02%	864
2021 Q4	–	Sell	-7,457	Closed	-$494K	–	1385
2021 Q3	$494K	Buy	+7,457	New	+$543K	0.18%	123

Other funds holding ADC

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Cohen & Steers New York $63.2B AUM 17.15% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

CIM

Centersquare Investment Management Conshohocken, Pennsylvania $11.7B AUM 20.39% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Daiwa Securities Group Tokyo, Japan $51.1B AUM 35.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Dark Forest Capital Management's ADC Position: Q2 2026 in Review

Dark Forest Capital Management sold out of Agree Realty (ADC) in Q2 2026, closing a stake of 3,553 shares — an estimated $268K sold.

Dark Forest Capital Management first reported a position in ADC in Q3 2021 and held it in 8 quarters. The position peaked at $4.92M in Q4 2025. 496 funds tracked by Wall St. Rank hold ADC as of Q2 2026.

Dark Forest Capital Management reported no remaining Agree Realty position as of Q2 2026 after selling out during the quarter.
Dark Forest Capital Management sold 3,553 Agree Realty shares in Q2 2026, an estimated $268K.
Dark Forest Capital Management first reported a position in Agree Realty in Q3 2021 and held it in 8 quarters.
Dark Forest Capital Management's Agree Realty position peaked at $4.92M in Q4 2025.
496 funds tracked by Wall St. Rank held Agree Realty as of Q2 2026.

Based on Dark Forest Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.