Agree Realty Corporation
MX ˙ BMV ˙ US0084921008
SecurityMX:ADC / Agree Realty Corporation
InstitutionWestpac Banking Corp
Latest Disclosed Ownership21,333 shares
Latest Disclosed Value $ 1,608,082
Westpac Banking Corp reports 1.34% increase in ownership of ADC / Agree Realty Corporation

On May 11, 2026 - Westpac Banking Corp filed a 13F-HR form disclosing ownership of 21,333 shares of Agree Realty Corporation (MX:ADC) valued at $1,608,082 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 10, 2026 disclosing 21,050 shares of Agree Realty Corporation. This represents a change in shares of 1.34% 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)
2026-05-11 2026-03-31 13F AGREE RLTY COM 008492100 21,333 283 1.34 1,608 6.07 0.0560
2026-02-10 2025-12-31 13F AGREE RLTY COM 008492100 21,050 21,050 1,516 0.0958
2025-02-12 2024-12-31 13F AGREE RLTY COM 008492100 0 -29,524 -100.00 0 -100.00
2024-11-08 2024-09-30 13F AGREE RLTY COM 008492100 29,524 0 0.00 2,224 21.66 0.1491
2024-08-14 2024-06-30 13F/A-1 AGREE RLTY COM 008492100 29,524 160 0.54 1,829 9.00 0.1450
2024-08-13 2024-06-30 13F AGREE RLTY COM 008492100 62 -29,302 1,829 0.0629
2024-05-09 2024-03-31 13F AGREE RLTY COM 008492100 29,364 -883 -2.92 1,677 -11.92 0.1278
2024-02-08 2023-12-31 13F AGREE RLTY COM 008492100 30,247 5,124 20.40 1,904 37.27 0.1570
2023-11-13 2023-09-30 13F AGREE RLTY COM 008492100 25,123 0 0.00 1,388 -15.53 0.1038
2023-08-10 2023-06-30 13F AGREE RLTY COM 008492100 25,123 -197,553 -88.72 1,643 -89.25 0.1159
2023-05-04 2023-03-31 13F AGREE RLTY COM 008492100 222,676 97,663 78.12 15,278 72.29 0.2054
2023-02-06 2022-12-31 13F AGREE RLTY COM 008492100 125,013 -23,399 -15.77 8,867 -11.59 0.1311
2022-11-08 2022-09-30 13F AGREE RLTY COM 008492100 148,412 -111,776 -42.96 10,030 -46.56 0.1529
2022-08-10 2022-06-30 13F AGREE RLTY COM 008492100 260,188 76,898 41.95 18,767 54.30 0.2445
2022-05-11 2022-03-31 13F AGREE REALTY COM 008492100 183,290 -26,330 -12.56 12,163 -18.69 0.1395
2022-02-08 2021-12-31 13F AGREE RLTY COM 008492100 209,620 -18,029 -7.92 14,958 -0.79 0.1550
2021-10-27 2021-09-30 13F AGREE RLTY COM 008492100 227,649 -33,805 -12.93 15,077 454.30 0.1612
2021-08-11 2021-06-30 13F AGREE RLTY COM 008492100 261,454 42,338 19.32 2,720 -81.56 0.0273
2021-05-13 2021-03-31 13F AGREE REALTY COM 008492100 219,116 145,319 196.92 14,749 200.18 0.1627
2021-02-11 2020-12-31 13F AGREE REALTY COM 008492100 73,797 64,297 676.81 4,913 713.41 0.0558
2020-11-10 2020-09-30 13F AGREE REALTY COM 008492100 9,500 2,830 42.43 605 37.90 0.0082
2020-08-12 2020-06-30 13F AGREE REALTY COM 008492100 6,670 -37,704 -84.97 438 -84.05 0.0065
2020-05-14 2020-03-31 13F AGREE REALTY COM 008492100 44,374 -24,860 -35.91 2,747 -43.47 0.0473
2020-02-11 2019-12-31 13F AGREE REALTY COM 008492100 69,234 80 0.12 4,858 -3.95 0.0625
2019-11-13 2019-09-30 13F AGREE REALTY COM 008492100 69,154 -3,400 -4.69 5,059 8.84 0.0703
2019-08-01 2019-06-30 13F AGREE REALTY COM 008492100 72,554 -410 -0.56 4,647 -8.14 0.0710
2019-05-14 2019-03-31 13F AGREE REALTY COM 008492100 72,964 -29,400 -28.72 5,059 -16.39 0.0835
2019-02-07 2018-12-31 13F AGREE REALTY COM 008492100 102,364 -32,885 -24.31 6,052 -15.77 0.1031
2018-11-13 2018-09-30 13F AGREE REALTY COM 008492100 135,249 12,530 10.21 7,184 10.95 0.1232
2018-07-18 2018-06-30 13F AGREE REALTY COM 008492100 122,719 12,750 11.59 6,476 22.59 0.1244
2018-05-01 2018-03-31 13F AGREE REALTY COM 008492100 109,969 50,399 84.60 5,283 72.39 0.1055
2018-01-18 2017-12-31 13F AGREE REALTY COM 008492100 59,570 59,570 3,064 0.0696
2017-10-30 2017-09-30 13F AGREE REALTY COM 008492100 0 -37,709 -100.00 0 -100.00
2017-08-09 2017-06-30 13F AGREE REALTY COM 008492100 37,709 -33,778 -47.25 1,730 -49.56 0.0381
2017-05-18 2017-03-31 13F/A-1 AGREE REALTY COM 008492100 71,487 -760 -1.05 3,429 1.63 0.0275
2017-02-09 2016-12-31 13F AGREE REALTY COM 008492100 72,247 72,247 3,373 0.0318
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.