Treasurer of the State of North Carolina

Position in ADC — Agree Realty Corp

CIK 1761054 RALEIGH, NC

Position in ADC

as of Mar 31, 2026 · filed May 14, 2026 Compact

Position Value

$3,649,371

+$236,806 QoQ

Shares Held

48,413

+2.2% QoQ

Ownership

0.040%

of shares outstanding

% of Portfolio

0.01%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Jun 2023

12 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Real Estate · as of Mar 31, 2026

Treasurer of the State of North Carolina holds $122,894,678 across 8 REIT - Retail names. ADC ranks #8 (3.0% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	SPG	Simon Property Group Inc.	350,993	$65,470,724
2	O	Realty Income Corp	392,022	$23,983,905
3	NNN	Nnn REIT, Inc.	235,321	$9,890,541
4	KIM	Kimco Realty Corp	286,069	$6,427,970
5	REG	Regency Centers Corp	77,331	$5,850,863
6	FRT	Federal Realty Investment Trust	36,416	$3,867,743
7	BRX	Brixmor Property Group Inc.	130,332	$3,753,561
8	ADC	Agree Realty Corp This page	48,413	$3,649,371

12 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$3,649,371	48,413	+2.2%	Shares	Sole	2026-05-14
2025-12-31	$3,412,565	47,377	-2.7%	Shares	Sole	2026-02-13
2025-09-30	$3,457,374	48,668	-3.8%	Shares	Sole	2025-11-13
2025-06-30	$3,694,571	50,569	+8.5%	Shares	Sole	2025-08-14
2025-03-31	$3,598,289	46,616	-0.8%	Shares	Sole	2025-05-15
2024-12-31	$3,310,163	46,986	+8.6%	Shares	Sole	2025-02-13
2024-09-30	$3,259,981	43,276	+0.4%	Shares	Sole	2024-11-14
2024-06-30	$2,669,366	43,096	-2.6%	Shares	Sole	2024-08-14
2024-03-31	$2,528,131	44,260	+0.7%	Shares	Sole	2024-05-09
2023-12-31	$2,767,282	43,960	+8.9%	Shares	Sole	2024-05-09
2023-09-30	$2,229,486	40,360	+3.8%	Shares	Sole	2023-11-13
2023-06-30	$2,542,363	38,880	—	Shares	Sole	2023-08-14
No filing history on record for this holder in this stock.