ADC AGREE RLTY CORP
COM
CUSIP: 008492100
FIGI: BBG000BC9DK0
Institutional Holders500
Total Institutional Value$7,896,570,502
Total Shares Held129,566,813
Avg Position$15,793,141
Top 5 Holders %42.0%
Alpha-Weighted Score65.3
New Positions+42
Exited Positions-44
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $1,209,196,071 (15.3%) | 16,787,396 | 6.0% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $1,133,114,087 (14.3%) | 15,731,141 | - |
| STATE STREET CORP | High Conviction | Market Mover | $425,349,587 (5.4%) | 5,884,291 | 3.0% |
| PRINCIPAL FINANCIAL GROUP INC | High Conviction | Market Mover | $309,265,709 (3.9%) | 4,293,556 | 83.3% |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | High Conviction | Moderate Flow | $237,639,359 (3.0%) | 3,299,172 | 15.5% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $204,813,056 (2.6%) | 2,843,441 | -28.5% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $180,822,924 (2.3%) | 2,509,922 | 6.4% |
| TWO SIGMA ADVISERS, LP | High Conviction | Significant Flow | $162,664,413 (2.1%) | 2,258,287 | 5.7% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $156,720,929 (2.0%) | 2,175,773 | -15.0% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $140,888,807 (1.8%) | 1,955,974 | -45.9% |
| PRUDENTIAL FINANCIAL INC | High Conviction | Significant Flow | $129,220,235 (1.6%) | 1,793,978 | 6.1% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $121,762,969 (1.5%) | 1,690,448 | - |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $121,158,112 (1.5%) | 1,682,009 | 4.9% |
| NORGES BANK | High Conviction | Market Mover | $116,114,305 (1.5%) | 1,612,027 | 143.3% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $103,258,823 (1.3%) | 1,433,553 | 11.3% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $94,160,041 (1.2%) | 1,307,232 | 11.5% |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $91,163,569 (1.2%) | 1,263,936 | - |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $90,227,849 (1.1%) | 1,252,677 | -8.4% |
| Nuveen, LLC | High Conviction | Market Mover | $87,897,849 (1.1%) | 1,220,295 | -18.3% |
| ENGINEERS GATE MANAGER LP | High Conviction | Moderate Flow | $85,155,955 (1.1%) | 1,182,229 | 3,087.0% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $80,399,814 (1.0%) | 1,116,199 | -32.7% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $72,979,211 (0.9%) | 1,013,178 | -39.2% |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | High Conviction | Low Flow | $69,000,634 (0.9%) | 957,943 | 15.8% |
| RUSSELL INVESTMENTS GROUP, LTD. | Moderate Conviction | Market Mover | $68,276,499 (0.9%) | 947,882 | -24.3% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $66,909,001 (0.8%) | 928,905 | -3.7% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $66,489,505 (0.8%) | 923,081 | -40.7% |
| SEI INVESTMENTS CO | High Conviction | Market Mover | $59,519,269 (0.8%) | 826,316 | 22.5% |
| FRONTIER CAPITAL MANAGEMENT CO LLC | High Conviction | Moderate Flow | $58,072,891 (0.7%) | 806,232 | -11.5% |
| CINCINNATI INSURANCE CO | High Conviction | Moderate Flow | $56,867,685 (0.7%) | 789,500 | - |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $56,787,863 (0.7%) | 788,390 | - |
| SUMITOMO MITSUI TRUST HOLDINGS, INC. | High Conviction | Significant Flow | $52,374,021 (0.7%) | 727,114 | 8.6% |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $51,145,336 (0.6%) | 710,056 | - |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $50,992,199 (0.6%) | 707,930 | 10.4% |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LP | High Conviction | Low Flow | $48,585,964 (0.6%) | 674,524 | 7.6% |
| Freestone Grove Partners LP (CIK 0002007591) | High Conviction | Significant Flow | $45,792,064 (0.6%) | 635,736 | 120.4% |
| BALYASNY ASSET MANAGEMENT LLC | Moderate Conviction | Market Mover | $45,611,341 (0.6%) | 633,227 | -60.6% |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | High Conviction | Significant Flow | $45,014,644 (0.6%) | 624,943 | 6.4% |
| BAHL & GAYNOR INC | High Conviction | Moderate Flow | $43,102,680 (0.5%) | 598,399 | - |
| ALYESKA INVESTMENT GROUP, L.P. | High Conviction | Significant Flow | $42,216,135 (0.5%) | 586,091 | -29.0% |
| Universal- Beteiligungs- und Servicegesellschaft mbH (CIK 0002057170) | High Conviction | Significant Flow | $36,784,823 (0.5%) | 508,574 | 11.9% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $33,777,290 (0.4%) | 468,934 | 12.6% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $32,495,557 (0.4%) | 451,139 | 84.8% |
| LEND LEASE ROSEN REAL ESTATE SECURITIES LLC | Elite Conviction | Minimal Flow | $31,578,720 (0.4%) | 438,415 | - |
| LEEWARD INVESTMENTS, LLC - MA | High Conviction | Low Flow | $29,162,018 (0.4%) | 404,859 | - |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | High Conviction | Moderate Flow | $28,008,361 (0.4%) | 388,843 | 5.0% |
| HOLOCENE ADVISORS, LP | High Conviction | Significant Flow | $27,882,309 (0.4%) | 387,093 | NEW |
| GOTHAM ASSET MANAGEMENT, LLC | High Conviction | Significant Flow | $26,257,312 (0.3%) | 364,533 | 133.8% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $25,452,994 (0.3%) | 353,367 | - |
| HEITMAN REAL ESTATE SECURITIES LLC | High Conviction | Low Flow | $25,425,149 (0.3%) | 352,980 | 368.6% |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | High Conviction | Significant Flow | $25,405,701 (0.3%) | 352,710 | -5.4% |
| M&T BANK CORP | High Conviction | Significant Flow | $25,037,472 (0.3%) | 140,946 | 1,160.7% |
| NEUBERGER BERMAN GROUP LLC | High Conviction | Market Mover | $24,164,843 (0.3%) | 335,483 | - |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | High Conviction | Low Flow | $23,463,668 (0.3%) | 325,747 | - |
| AQR CAPITAL MANAGEMENT LLC | High Conviction | Market Mover | $23,415,676 (0.3%) | 325,082 | -5.0% |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $23,372,244 (0.3%) | 324,480 | 3.5% |
| ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC | Moderate Conviction | Significant Flow | $23,090,804 (0.3%) | 320,172 | -47.1% |
| LOOMIS SAYLES & CO L P | High Conviction | Significant Flow | $22,769,126 (0.3%) | 316,106 | 3.2% |
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $22,064,821 (0.3%) | 306,328 | -2.7% |
| APG INVESTMENTS US INC. | High Conviction | Moderate Flow | $21,803,265 (0.3%) | 302,697 | -30.2% |
| UBS Group AG | Moderate Conviction | Market Mover | $21,771,572 (0.3%) | 302,257 | 30.7% |
| Sophron Capital Management L.P. | High Conviction | Minimal Flow | $21,737,357 (0.3%) | 301,782 | -4.1% |
| STATE OF NEW JERSEY COMMON PENSION FUND D | High Conviction | Significant Flow | $21,690,538 (0.3%) | 301,132 | - |
| LIGHTHOUSE INVESTMENT PARTNERS, LLC | High Conviction | Moderate Flow | $21,642,854 (0.3%) | 300,470 | 45.1% |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM | High Conviction | Significant Flow | $21,631,185 (0.3%) | 300,308 | -17.5% |
| APOLLO MANAGEMENT HOLDINGS, L.P. | High Conviction | Moderate Flow | $21,528,326 (0.3%) | 298,880 | NEW |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | High Conviction | Significant Flow | $19,097,602 (0.2%) | 265,134 | - |
| LMR PARTNERS LLP | High Conviction | Significant Flow | $18,871,500 (0.2%) | 261,995 | NEW |
| STRS OHIO | High Conviction | Significant Flow | $16,899,174 (0.2%) | 234,613 | 22.3% |
| ARISTOTLE CAPITAL BOSTON, LLC | High Conviction | Low Flow | $15,962,321 (0.2%) | 221,606 | -8.6% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $15,934,928 (0.2%) | 221,199 | 13.8% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $15,722,852 (0.2%) | 218,282 | - |
| BARCLAYS PLC | High Conviction | Market Mover | $15,363,208 (0.2%) | 213,289 | -6.1% |
| DLIBJ ASSET MANAGEMENT CO LTD | High Conviction | Moderate Flow | $15,244,783 (0.2%) | 210,099 | 2.6% |
| STATE OF WISCONSIN INVESTMENT BOARD | High Conviction | Significant Flow | $14,572,749 (0.2%) | 202,315 | 3.2% |
| IMPAX ASSET MANAGEMENT GROUP PLC | High Conviction | Moderate Flow | $14,406,000 (0.2%) | 200,000 | - |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $12,730,150 (0.2%) | 176,734 | 17.5% |
| TIMBERCREEK INVESTMENT MANAGEMENT INC. | Elite Conviction | Minimal Flow | $12,637,155 (0.2%) | 175,224 | -23.8% |
| VIRGINIA RETIREMENT SYSTEMS ET AL | High Conviction | Moderate Flow | $12,437,996 (0.2%) | 172,678 | 9.2% |
| CEREDEX VALUE ADVISORS LLC | Moderate Conviction | Low Flow | $12,425,175 (0.2%) | 172,500 | -49.9% |
| NOMURA ASSET MANAGEMENT CO LTD | High Conviction | Significant Flow | $12,353,145 (0.2%) | 171,500 | 8.5% |
| CREATIVE PLANNING | High Conviction | Significant Flow | $11,989,944 (0.2%) | 166,458 | 40.9% |
| CLEARBRIDGE INVESTMENTS, LLC | High Conviction | Significant Flow | $11,489,891 (0.1%) | 159,515 | - |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | High Conviction | Significant Flow | $11,068,634 (0.1%) | 153,667 | -44.4% |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $10,910,816 (0.1%) | 151,476 | 14.3% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $10,893,890 (0.1%) | 151,241 | -38.5% |
| POINT72 ASSET MANAGEMENT, L.P. | Moderate Conviction | Market Mover | $10,745,651 (0.1%) | 149,183 | 880.6% |
| SUSQUEHANNA PORTFOLIO STRATEGIES, LLC | High Conviction | Moderate Flow | $10,720,369 (0.1%) | 148,832 | 143.4% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $10,581,000 (0.1%) | 146,909 | -80.3% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $10,214,431 (0.1%) | 141,808 | -11.9% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $9,973,418 (0.1%) | 138,462 | 10.2% |
| RETIREMENT SYSTEMS OF ALABAMA | High Conviction | Moderate Flow | $9,919,035 (0.1%) | 137,707 | 4.5% |
| MITSUBISHI UFJ TRUST & BANKING CORP | High Conviction | Significant Flow | $9,710,004 (0.1%) | 134,805 | -4.3% |
| LMCG INVESTMENTS, LLC | High Conviction | Low Flow | $9,244,978 (0.1%) | 128,349 | 22.3% |
| TUDOR INVESTMENT CORP ET AL | Moderate Conviction | Significant Flow | $8,862,211 (0.1%) | 123,035 | -72.0% |
| SCHONFELD STRATEGIC ADVISORS LLC | High Conviction | Significant Flow | $8,454,016 (0.1%) | 117,368 | NEW |
| QUANTBOT TECHNOLOGIES LP | High Conviction | Moderate Flow | $8,385,517 (0.1%) | 116,417 | -19.4% |
| ALLIANZ ASSET MANAGEMENT GMBH | High Conviction | Significant Flow | $7,667,305 (0.1%) | 106,446 | - |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | High Conviction | Market Mover | $7,567,832 (0.1%) | 105,065 | -2.3% |
| PHOCAS FINANCIAL CORP | High Conviction | Minimal Flow | $7,270,132 (0.1%) | 100,932 | - |
| TWIN TREE MANAGEMENT, LP | Moderate Conviction | Significant Flow | $7,260,624 (0.1%) | 100,800 | 10.6% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 489 | $7.90B | 129,580,344 | $60.95 |
| Q3 25 | 478 | $8.22B | 135,412,583 | $60.67 |
| Q2 25 | 1 | $0.00B | 9,267 | $73.06 |
| Q1 25 | 465 | $7.97B | 121,724,178 | $65.45 |
| Q4 24 | 449 | $7.43B | 122,926,679 | $60.43 |
| Q3 24 | 426 | $7.93B | 122,145,231 | $64.89 |
| Q2 24 | 15 | $0.42B | 6,836,644 | $61.93 |
| Q1 24 | 11 | $0.39B | 6,777,947 | $57.12 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.