Dark
Light
System
Security
AGREE REALTY CORP
AGREE REALTY CORP. Institutional holdings reported to the SEC.

Institutional Holders (2014Q2)
Portfolio Summary: 144 Institutional holders with a total value of $308,047,607.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 VANGUARD GROUP INC 1,658,510 50,136,000 16.28%
2 BlackRock Fund Advisors 809,393 24,468,000 7.94%
3 BlackRock Institutional Trust Company, N.A. 687,574 20,785,000 6.75%
4 NORTHERN TRUST CORP 491,085 14,846,000 4.82%
5 NORTHPOINTE CAPITAL LLC 414,677 12,536,000 4.07%
6 EDGE ASSET MANAGEMENT, INC 383,427 11,591,000 3.76%
7 MILLENNIUM MANAGEMENT LLC 372,867 11,272,000 3.66%
8 PRINCIPAL FINANCIAL GROUP INC 305,761 9,243,000 3.00%
9 STATE STREET CORP 288,624 8,721,000 2.83%
10 MANNING & NAPIER ADVISORS LLC 271,966 8,220,000 2.67%
11 SECURIAN ASSET MANAGEMENT, INC 243,494 7,361,000 2.39%
12 SYSTEMATIC FINANCIAL MANAGEMENT LP 217,810 6,584,000 2.14%
13 REAL ESTATE MANAGEMENT SERVICES LLC 210,500 6,364,000 2.07%
14 State of New Jersey Common Pension Fund D 199,000 6,016,000 1.95%
15 Bank of New York Mellon Corp 183,668 5,552,000 1.80%
16 NEW YORK STATE COMMON RETIREMENT FUND 166,600 5,036,000 1.63%
17 AQR CAPITAL MANAGEMENT LLC 162,494 4,912,000 1.59%
18 Invesco Ltd. 145,794 4,408,000 1.43%
19 DIMENSIONAL FUND ADVISORS LP 134,895 4,078,000 1.32%
20 MAIRS & POWER INC 132,200 3,996,000 1.30%
21 BlackRock Group LTD 124,223 3,756,000 1.22%
22 Advisors Asset Management, Inc. 115,395 3,488,000 1.13%
23 PRUDENTIAL FINANCIAL INC 101,975 3,083,000 1.00%
24 GEODE CAPITAL MANAGEMENT, LLC 94,917 2,869,000 0.93%
25 MORGAN STANLEY 92,930 2,810,000 0.91%
26 ROTHSCHILD & CO ASSET MANAGEMENT US INC. 82,718 2,501,000 0.81%
27 LSV ASSET MANAGEMENT 74,811 2,261,000 0.73%
28 MACQUARIE GROUP LTD 74,773 2,260,000 0.73%
29 HUNTINGTON NATIONAL BANK 71,516 2,162,000 0.70%
30 TIAA CREF INVESTMENT MANAGEMENT LLC 65,921 1,993,000 0.65%
31 AMERIPRISE FINANCIAL INC 64,090 1,938,000 0.63%
32 BlackRock Investment Management, LLC 59,651 1,803,000 0.59%
33 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 55,700 1,684,000 0.55%
34 WELLS FARGO & COMPANY/MN 55,072 1,665,000 0.54%
35 REINHART PARTNERS, LLC. 53,058 1,604,000 0.52%
36 TEACHERS ADVISORS, LLC 52,989 1,602,000 0.52%
37 Asset Management One Co., Ltd. 50,158 1,516,000 0.49%
38 Monarch Partners Asset Management LLC 49,288 1,490,000 0.48%
39 DALTON GREINER HARTMAN MAHER & CO 49,246 1,489,000 0.48%
40 RENAISSANCE TECHNOLOGIES LLC 42,210 1,276,000 0.41%
41 VIRGINIA RETIREMENT SYSTEMS ET Al 39,500 1,194,000 0.39%
42 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 36,983 1,118,000 0.36%
43 PARAMETRIC PORTFOLIO ASSOCIATES LLC 36,658 1,108,000 0.36%
44 CREDIT SUISSE AG/ 35,978 1,088,000 0.35%
45 RAYMOND JAMES & ASSOCIATES 35,034 1,059,000 0.34%
46 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 34,900 1,055,000 0.34%
47 PUBLIC SECTOR PENSION INVESTMENT BOARD 32,847 993,000 0.32%
48 DEUTSCHE BANK AG\ 31,793 959,000 0.31%
49 TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA 31,670 957,000 0.31%
50 GUGGENHEIM CAPITAL LLC 31,590 955,000 0.31%
Page 1 of 3

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.