Agree Realty Corporation
Ownership
Ownership Structure
Who owns Agree Realty Corporation (ADC)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 98.0% of the shares are freely tradable; institutional investors hold 120.6%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 14.69 | 19,112,107 | +6.8 | 06/30/2026 |
| Cohen & Steers Inc | 12.61 | 16,403,414 | -8.2 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 8.14 | 10,588,511 | +3.2 | 06/30/2026 |
| State Street Corp | 4.50 | 5,858,959 | -1.8 | 06/30/2026 |
| Vanguard Capital Management, LLC | 4.15 | 5,405,144 | +1.1 | 06/30/2026 |
| Principal Financial Group Inc | 3.58 | 4,662,379 | +3.0 | 06/30/2026 |
| CenterSquare Investment Management LLC | 2.87 | 3,730,917 | +8.8 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard Real Estate Index Investor | 3.50 | 4,548,063 | +0.7 | 09/30/2026 |
| iShares Core S&P Mid-Cap ETF | 3.40 | 4,423,746 | +0.0 | 09/30/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 3.01 | 3,915,339 | +2.8 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Agree Joey | PRESIDENT & CEO | 687,577 | 48,474,179 $ | Sep 16, 2026 | both |
| Rakolta John Jr | Director | 654,602 | 46,149,448 $ | Sep 16, 2026 | direct |
| Agree Richard | EXECUTIVE CHAIRMAN OF BOARD | 418,175 | 29,481,338 $ | Oct 21, 2026 | direct |
| Erlich Craig | CHIEF GROWTH OFFICER | 60,388 | 4,257,354 $ | Sep 21, 2026 | direct |
| Witteveen Nicole | CHIEF OPERATING OFFICER | 23,274 | 1,640,817 $ | Aug 19, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 21, 2026 | Agree Joey | PRESIDENT & CEO | Other | 1,150 | 0.00 | – |
| Oct 21, 2026 | Agree Richard | EXECUTIVE CHAIRMAN OF BOARD | Other | 4,025 | 0.00 | – |
| Sep 21, 2026 | Erlich Craig | CHIEF GROWTH OFFICER | Buy | 1,000 | 67.55 | 67,550 |
| Sep 16, 2026 | Rakolta John Jr | Director | Buy | 20,000 | 68.78 | 1,375,600 |
| Sep 16, 2026 | Agree Joey | PRESIDENT & CEO | Buy | 7,360 | 68.06 | 500,922 |
| Aug 31, 2026 | Rakolta John Jr | Director | Buy | 10,000 | 72.42 | 724,200 |
| Aug 28, 2026 | Rakolta John Jr | Director | Buy | 136 | 73.52 | 9,999 |
| Aug 27, 2026 | Rakolta John Jr | Director | Buy | 20,000 | 73.23 | 1,464,600 |
| Aug 19, 2026 | Witteveen Nicole | CHIEF OPERATING OFFICER | Other | 293 | 74.39 | 21,796 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: November 5, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.