VANGUARD CAPITAL MANAGEMENT LLC

Position in ADC — Agree Realty Corp

CIK 2100119 MALVERN, PA

Position in ADC

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$403,014,119

New position

Shares Held

5,346,433

first reported quarter

Ownership

4.45%

of shares outstanding

% of Portfolio

0.01%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Mar 2026

1 quarter on record

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

Real Estate · as of Mar 31, 2026

VANGUARD CAPITAL MANAGEMENT LLC holds $13,048,138,911 across 26 REIT - Retail names. ADC ranks #6 (3.1% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	SPG	Simon Property Group Inc.	20,573,701	$3,837,612,447
2	O	Realty Income Corp	60,123,420	$3,678,350,835
3	KIM	Kimco Realty Corp	44,023,939	$989,217,909
4	REG	Regency Centers Corp	11,290,729	$854,256,556
5	FRT	Federal Realty Investment Trust	5,380,784	$571,493,068
6	ADC	Agree Realty Corp This page	5,346,433	$403,014,119
7	BRX	Brixmor Property Group Inc.	13,758,989	$396,258,883
8	NNN	Nnn REIT, Inc.	8,473,909	$356,158,395

2 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$477,327,341	6,332,281	+18.4%	Shares	Sole	2026-04-29
2026-03-31	$403,014,119	5,346,433	—	Shares	Defined	2026-05-15
No filing history on record for this holder in this stock.