Agree Realty Corporation
MX ˙ BMV ˙ US0084921008
SecurityMX:ADC / Agree Realty Corporation
InstitutionStifel Financial Corp
Latest Disclosed Ownership34,537 shares
Latest Disclosed Value $ 2,603,464
Stifel Financial Corp reports 0.62% decrease in ownership of ADC / Agree Realty Corporation

On May 12, 2026 - Stifel Financial Corp filed a 13F-HR form disclosing ownership of 34,537 shares of Agree Realty Corporation (MX:ADC) valued at $2,603,464 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 34,752 shares of Agree Realty Corporation. This represents a change in shares of -0.62% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-12 2026-03-31 13F AGREE RLTY COM 008492100 34,537 -215 -0.62 2,603 4.00 0.0006
2026-02-13 2025-12-31 13F AGREE RLTY COM 008492100 34,752 -1,798 -4.92 2,503 -3.58 0.0023
2025-11-12 2025-09-30 13F AGREE RLTY COM 008492100 36,550 188 0.52 2,596 -2.26 0.0024
2025-08-14 2025-06-30 13F AGREE RLTY COM 008492100 36,362 905 2.55 2,657 -2.92 0.0026
2025-05-14 2025-03-31 13F AGREE RLTY COM 008492100 35,457 263 0.75 2,737 10.37 0.0029
2025-02-13 2024-12-31 13F AGREE RLTY COM 008492100 35,194 820 2.39 2,479 -4.25 0.0026
2024-11-14 2024-09-30 13F AGREE RLTY COM 008492100 34,374 -607 -1.74 2,589 19.53 0.0027
2024-08-13 2024-06-30 13F AGREE RLTY COM 008492100 34,981 407 1.18 2,167 9.73 0.0024
2024-05-14 2024-03-31 13F AGREE RLTY COM 008492100 34,574 1,541 4.67 1,975 -5.05 0.0023
2024-02-12 2023-12-31 13F AGREE RLTY COM 008492100 33,033 4,478 15.68 2,079 31.83 0.0026
2023-11-13 2023-09-30 13F AGREE RLTY COM 008492100 28,555 71 0.25 1,577 -15.31 0.0022
2023-08-14 2023-06-30 13F AGREE RLTY COM 008492100 28,484 1,000 3.64 1,862 -1.22 0.0025
2023-05-12 2023-03-31 13F AGREE RLTY COM 008492100 27,484 -1,319 -4.58 1,886 -7.73 0.0027
2023-02-13 2022-12-31 13F AGREE RLTY COM 008492100 28,803 -2,214 -7.14 2,043 -2.53 0.0031
2022-11-14 2022-09-30 13F AGREE RLTY COM 008492100 31,017 3,315 11.97 2,096 4.90 0.0034
2022-08-15 2022-06-30 13F AGREE RLTY COM 008492100 27,702 4,242 18.08 1,998 28.32 0.0031
2022-05-13 2022-03-31 13F AGREE RLTY COM 008492100 23,460 126 0.54 1,557 -6.49 0.0021
2022-02-14 2021-12-31 13F AGREE RLTY COM 008492100 23,334 -8,372 -26.41 1,665 -20.71 0.0022
2021-11-15 2021-09-30 13F AGREE RLTY COM 008492100 31,706 1,914 6.42 2,100 0.00 0.0031
2021-08-13 2021-06-30 13F AGREE RLTY COM 008492100 29,792 137 0.46 2,100 5.21 0.0031
2021-05-14 2021-03-31 13F AGREE REALTY COM 008492100 29,655 -2,149 -6.76 1,996 -5.76 0.0033
2021-02-12 2020-12-31 13F AGREE REALTY COM 008492100 31,804 4,358 15.88 2,118 21.24 0.0038
2020-11-16 2020-09-30 13F AGREE REALTY COM 008492100 27,446 -876 -3.09 1,747 -6.13 0.0036
2020-08-14 2020-06-30 13F AGREE REALTY COM 008492100 28,322 -837 -2.87 1,861 3.68 0.0043
2020-05-14 2020-03-31 13F AGREE REALTY COM 008492100 29,159 -476 -1.61 1,795 -13.16 0.0050
2020-02-13 2019-12-31 13F AGREE REALTY COM 008492100 29,635 -1,347 -4.35 2,067 -8.50 0.0043
2019-11-19 2019-09-30 13F/A-1 AGREE REALTY COM 008492100 30,982 489 1.60 2,259 15.79 0.0058
2019-11-13 2019-09-30 13F AGREE REALTY COM 008492100 30,982 489 2,259 1,266.2827
2019-08-14 2019-06-30 13F AGREE REALTY COM 008492100 30,493 905 3.06 1,951 -4.69 0.0050
2019-05-14 2019-03-31 13F AGREE REALTY COM 008492100 29,588 -529 -1.76 2,047 15.52 0.0058
2019-02-13 2018-12-31 13F AGREE REALTY COM 008492100 30,117 259 0.87 1,772 12.01 0.0057
2018-11-13 2018-09-30 13F AGREE REALTY COM 008492100 29,858 -393 -1.30 1,582 -0.63 0.0045
2018-08-14 2018-06-30 13F AGREE REALTY COM 008492100 30,251 17,500 137.24 1,592 159.71 0.0049
2018-05-11 2018-03-31 13F AGREE REALTY COM 008492100 12,751 107 0.85 613 -5.40 0.0019
2018-02-14 2017-12-31 13F AGREE REALTY COM 008492100 12,644 732 6.15 648 10.58 0.0021
2017-11-13 2017-09-30 13F AGREE REALTY COM 008492100 11,912 1,348 12.76 586 20.82 0.0020
2017-08-14 2017-06-30 13F AGREE REALTY COM 008492100 10,564 2,830 36.59 485 31.08 0.0018
2017-05-10 2017-03-31 13F AGREE REALTY COM 008492100 7,734 7,734 370 0.0014
2017-02-16 2016-12-31 13F AGREE REALTY COM 008492100 0 -7,511 -100.00 0 -100.00
2016-11-15 2016-09-30 13F AGREE REALTY COM 008492100 7,511 7,511 372 0.0017
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.