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Agree Realty

479 hedge funds and large institutions have $8.97B invested in Agree Realty in 2025 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 201 increasing their positions, 153 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

222% more call options, than puts

Call options by funds: $22.2M | Put options by funds: $6.89M

31% more repeat investments, than reductions

Existing positions increased: 201 | Existing positions reduced: 153

28% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 47

2% more funds holding

Funds holding: 471479 (+8)

0.4% more ownership

Funds ownership: 113.7%114.1% (+0.4%)

2% less capital invested

Capital invested by funds: $9.15B → $8.97B (-$176M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
479
Holders Change
+8
Holders Change %
+1.7%
% of All Funds
6.29%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
60
Increased
201
Reduced
153
Closed
47
Calls
$22.2M
Puts
$6.89M
Net Calls
+$15.3M
Net Calls Change
+$1.53M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.14B +$56.9M +785,866 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.11B +$23.9M +329,892 +2%
Cohen & Steers
3
Cohen & Steers
New York
$955M +$76.4M +1,054,968 +9%
State Street
4
State Street
Massachusetts
$413M +$2M +27,546 +0.5%
CIM
5
Centersquare Investment Management
Pennsylvania
$206M +$3.71M +51,269 +2%
Deutsche Bank
6
Deutsche Bank
Germany
$184M -$26.7M -368,877 -12%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$170M -$20.8M -287,841 -11%
Principal Financial Group
8
Principal Financial Group
Iowa
$169M -$9.28M -128,131 -5%
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$168M +$1.11M +15,389 +0.7%
Two Sigma Advisers
10
Two Sigma Advisers
New York
$154M +$2.01M +27,700 +1%
JP Morgan Chase
11
JP Morgan Chase
New York
$143M +$57.9M +799,185 +66%
Macquarie Group
12
Macquarie Group
Australia
$140M +$4.53M +62,573 +3%
Charles Schwab
13
Charles Schwab
California
$130M +$3.11M +42,889 +2%
Two Sigma Investments
14
Two Sigma Investments
New York
$123M -$5.95M -82,160 -5%
Prudential Financial
15
Prudential Financial
New Jersey
$122M -$6.16M -84,983 -5%
Northern Trust
16
Northern Trust
Illinois
$119M +$3.82M +52,779 +3%
Citadel Advisors
17
Citadel Advisors
Florida
$117M +$65.8M +908,605 +124%
Balyasny Asset Management
18
Balyasny Asset Management
Illinois
$116M +$28.4M +392,400 +32%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$115M +$806K +11,128 +0.7%
N
20
Nuveen
North Carolina
$108M -$12.9M -178,293 -11%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$98.5M +$5.97M +82,397 +6%
Raymond James Financial
22
Raymond James Financial
Florida
$91.6M -$2.33M -32,118 -2%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$90.2M +$200K +2,767 +0.2%
Millennium Management
24
Millennium Management
New York
$89.7M +$23.7M +327,389 +35%
Morgan Stanley
25
Morgan Stanley
New York
$84.4M -$17.5M -241,863 -17%

ADC Hedge Fund Activity: Q3 2025 in Review

479 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q3 2025, worth a combined $8.97B — down 1.9% from $9.15B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new ADC positions and 47 closed out — a net gain of 13 holders — while 201 added to existing stakes and 153 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $76.4M. The largest seller was Invesco, cutting an estimated $72.3M.

  • 479 institutional investors held Agree Realty (ADC) as of Q3 2025, up from 471 in Q2 2025.
  • Funds reported $8.97B of Agree Realty stock for Q3 2025, down 1.9% quarter-over-quarter.
  • 60 funds opened new Agree Realty positions in Q3 2025 and 47 closed out, a net change of +13 holders.
  • The largest Agree Realty buyer in Q3 2025 was Cohen & Steers, an estimated $76.4M added.
  • The largest Agree Realty seller in Q3 2025 was Invesco, an estimated $72.3M sold.

Based on aggregated 13F filings for Q3 2025.