Agree Realty Corporation
MX ˙ BMV ˙ US0084921008
SecurityMX:ADC / Agree Realty Corporation
InstitutionDeutsche Bank Ag\
Latest Disclosed Ownership1,077,319 shares
Ownership 3.10%
Deutsche Bank Ag\ ownership in ADC / Agree Realty Corporation

2019-02-14 - Deutsche Bank Ag\ has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,077,319 shares of Agree Realty Corporation (MX:ADC). This represents 3.1 percent ownership of the company. In their previous filing dated 2018-02-14 , Deutsche Bank Ag\ had reported owning 2,029,304 shares, indicating a decrease of -46.91 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date		Effective
Date		Form Prev
Shares		 Latest
Shares		 ΔShares
(Percent)		 Ownership
(Percent)		 ΔOwnership
(Percent)
2019-02-14 2019-02-14 13G/A 2,029,304 1,077,319 -46.91 3.10 -55.27
2018-02-14 2018-02-14 13G/A 1,577,829 2,029,304 28.61 6.93 15.12
2017-02-13 2017-02-13 13G/A 1,096,686 1,577,829 43.87 6.02 13.16
2016-02-16 2016-02-16 13G 1,096,686 5.32

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

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.

Upgrade to unlock premium data and export to Excel .

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)
2026-05-06 2026-03-31 13F AGREE RLTY COM 008492100 1,336,269 -839,504 -38.58 100,728 -35.73 0.0333
2026-02-11 2025-12-31 13F AGREE RLTY COM 008492100 2,175,773 -420,215 -16.19 156,721 -15.02 0.0510
2025-11-13 2025-09-30 13F AGREE RLTY COM 008492100 2,595,988 -368,877 -12.44 184,419 -14.86 0.0618
2025-08-12 2025-06-30 13F AGREE RLTY COM 008492100 2,964,865 436,635 17.27 216,613 11.00 0.0798
2025-05-09 2025-03-31 13F AGREE RLTY COM 008492100 2,528,230 5,826 0.23 195,154 9.82 0.0773
2025-06-30 2024-12-31 13F/A-1 AGREE RLTY COM 008492100 2,522,404 -1,185 -0.05 177,703 -6.52 0.0696
2025-02-14 2024-12-31 13F AGREE RLTY COM 008492100 2,522,404 -1,185 177,703 0.0693
2025-06-26 2024-09-30 13F/A-1 AGREE RLTY COM 008492100 2,523,589 571,312 29.26 190,102 57.21 0.0774
2024-11-13 2024-09-30 13F AGREE RLTY COM 008492100 2,523,589 571,312 190,102 0.0774
2025-06-12 2024-06-30 13F/A-1 AGREE RLTY COM 008492100 1,952,277 489,043 33.42 120,924 44.68 0.0546
2024-08-14 2024-06-30 13F AGREE RLTY COM 008492100 1,952,277 489,043 120,924 0.0546
2025-06-02 2024-03-31 13F/A-1 AGREE RLTY COM 008492100 1,463,234 -954,784 -39.49 83,580 -45.09 0.0388
2024-05-15 2024-03-31 13F AGREE RLTY COM 008492100 1,463,234 -954,784 83,580 0.0388
2024-02-14 2023-12-31 13F AGREE RLTY COM 008492100 2,418,018 -114,190 -4.51 152,214 8.82 0.0777
2023-11-24 2023-09-30 13F/A-1 AGREE RLTY COM 008492100 2,532,208 -583,121 -18.72 139,879 -31.33 0.0903
2023-11-09 2023-09-30 13F AGREE RLTY COM 008492100 2,532,208 -583,121 139,879 0.0184
2023-08-14 2023-06-30 13F AGREE RLTY COM 008492100 3,115,329 99,103 3.29 203,711 -1.56 0.1083
2023-05-15 2023-03-31 13F AGREE RLTY COM 008492100 3,016,226 -318,323 -9.55 206,943 -12.50 0.1152
2023-02-13 2022-12-31 13F AGREE RLTY COM 008492100 3,334,549 -225,113 -6.32 236,520 -1.68 0.1361
2022-11-14 2022-09-30 13F AGREE RLTY COM 008492100 3,559,662 431,309 13.79 240,562 6.61 0.1452
2022-08-11 2022-06-30 13F AGREE RLTY COM 008492100 3,128,353 979,274 45.57 225,649 58.22 0.1259
2022-05-13 2022-03-31 13F AGREE RLTY COM 008492100 2,149,079 361,139 20.20 142,614 11.78 0.0665
2022-02-16 2021-12-31 13F/A-1 AGREE REALTY COM 008492100 1,787,940 -116,671 -6.13 127,587 1.15 0.0574
2022-02-11 2021-12-31 13F AGREE REALTY COM 008492100 1,787,940 -116,671 127,587 0.0063
2021-11-04 2021-09-30 13F AGREE REALTY COM 008492100 1,904,611 290,358 17.99 126,142 10.86 0.0598
2021-08-11 2021-06-30 13F AGREE REALTY COM 008492100 1,614,253 386,745 31.51 113,789 37.72 0.0553
2021-05-13 2021-03-31 13F AGREE REALTY COM 008492100 1,227,508 -311,194 -20.22 82,624 -19.35 0.0445
2021-02-16 2020-12-31 13F AGREE REALTY COM 008492100 1,538,702 -165,908 -9.73 102,447 -5.56 0.0625
2020-11-12 2020-09-30 13F AGREE REALTY COM 008492100 1,704,610 14,123 0.84 108,482 -2.34 0.0746
2020-08-13 2020-06-30 13F AGREE REALTY COM 008492100 1,690,487 -89,743 -5.04 111,082 0.80 0.0844
2020-05-14 2020-03-31 13F AGREE REALTY COM 008492100 1,780,230 210,907 13.44 110,197 0.07 0.0984
2020-02-14 2019-12-31 13F AGREE REALTY COM 008492100 1,569,323 48,315 3.18 110,116 -1.03 0.0717
2019-11-14 2019-09-30 13F AGREE REALTY COM 008492100 1,521,008 89,153 6.23 111,258 21.32 0.0772
2019-08-14 2019-06-30 13F AGREE REALTY COM 008492100 1,431,855 48,000 3.47 91,707 -4.42 0.0538
2019-05-15 2019-03-31 13F AGREE REALTY COM 008492100 1,383,855 92,793 7.19 95,952 25.72 0.0571
2019-04-01 2018-12-31 13F/A-1 AGREE REALTY COM 008492100 1,291,062 -381,241 -22.80 76,324 -14.08 0.0541
2019-02-14 2018-12-31 13F AGREE REALTY COM 008492100 1,291,062 -377,011 76,324
2021-12-21 2018-09-30 13F/A-1 AGREE REALTY COM 008492100 1,672,303 -371,948 -18.19 88,833 -17.65 0.0449
2018-11-14 2018-09-30 13F AGREE REALTY COM 008492100 1,668,073 -376,178 88,603 0.0612
2020-04-21 2018-06-30 13F/A-1 AGREE REALTY COM 008492100 2,044,251 548,257 36.65 107,876 50.11 0.0537
2018-08-14 2018-06-30 13F AGREE REALTY COM 008492100 2,006,302 510,308 105,868 70,317.2618
2019-10-23 2018-03-31 13F/A-2 AGREE REALTY COM 008492100 1,495,994 -805,718 -35.01 71,864 -39.30 0.0343
2019-10-18 2018-03-31 13F/A-1 AGREE REALTY COM 008492100 1,495,994 0 71,864 0.0343
2018-05-15 2018-03-31 13F AGREE REALTY COM 008492100 1,488,793 -812,919 71,517
2018-02-14 2017-12-31 13F AGREE REALTY COM 008492100 2,301,712 121,865 5.59 118,396 10.67 0.0758
2017-11-14 2017-09-30 13F AGREE REALTY COM 008492100 2,179,847 -96,501 -4.24 106,984 2.46 0.0733
2017-08-11 2017-06-30 13F AGREE REALTY COM 008492100 2,276,348 195,252 9.38 104,412 4.61 0.0745
2017-05-15 2017-03-31 13F AGREE REALTY COM 008492100 2,081,096 459,357 28.32 99,807 33.65 0.0737
2017-02-14 2016-12-31 13F AGREE REALTY COM 008492100 1,621,739 95,921 6.29 74,678 -1.00 0.0601
2016-11-14 2016-09-30 13F AGREE REALTY COM 008492100 1,525,818 -2,222 -0.15 75,433 2.34 0.0534
2016-08-15 2016-06-30 13F AGREE REALTY COM 008492100 1,528,040 239,709 18.61 73,709 48.73 0.0521
2016-05-16 2016-03-31 13F AGREE REALTY COM 008492100 1,288,331 101,923 8.59 49,559 22.91 0.0373
2016-02-16 2015-12-31 13F AGREE REALTY COM 008492100 1,186,408 309,806 35.34 40,322 54.12 0.0279
2015-11-17 2015-09-30 13F AGREE REALTY COM 008492100 876,602 735,921 523.11 26,163 537.81 0.0202
2015-08-12 2015-06-30 13F AGREE REALTY COM 008492100 140,681 91,360 185.24 4,102 152.43 0.0026
2015-05-15 2015-03-31 13F AGREE REALTY COM 008492100 49,321 -8,299 -14.40 1,625 -9.22 0.0010
2015-02-13 2014-12-31 13F AGREE REALTY COM 008492100 57,620 20,671 55.94 1,790 77.05 0.0011
2014-11-14 2014-09-30 13F AGREE REALTY COM 008492100 36,949 5,156 16.22 1,011 5.42 0.0006
2014-08-15 2014-06-30 13F AGREE REALTY COM 008492100 31,793 -1,459 -4.39 959 -5.05 0.0007
2014-05-15 2014-03-31 13F AGREE REALTY COM 008492100 33,252 1,983 6.34 1,010 11.48 0.0007
2014-02-24 2013-12-31 13F/A-1 AGREE REALTY COM 008492100 31,269 -142,669 -82.02 906 -82.74 0.0007
2014-02-18 2013-12-31 13F AGREE REALTY COM 008492100 31,269 906
2013-11-18 2013-09-30 13F AGREE REALTY COM 008492100 173,938 149,323 606.63 5,248 623.86 0.0039
2013-08-16 2013-06-30 13F AGREE REALTY COM 000849210 24,615 24,615 725 0.0006
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.