Cliff Asness's ADC Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 325,082 shares of Agree Realty Corporation (ADC) worth $23.42 M, representing 0.01% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in ADC, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2024, adding 186,285 shares. Largest reduction occurred in Q4 2024, reducing 136,796 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Agree Realty Corporation (ADC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Agree Realty Corporation (ADC) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -24,712 | Reduce 7.06% | 325,082 | $72.03 |
| Q3 2025 | +22,039 | Add 6.72% | 349,794 | $70.43 |
| Q2 2025 | +47,602 | Add 16.99% | 327,755 | $72.24 |
| Q1 2025 | +223 | Add 0.08% | 280,153 | $77.19 |
| Q4 2024 | -136,796 | Reduce 32.83% | 279,930 | $70.34 |
| Q3 2024 | -46,142 | Reduce 9.97% | 416,726 | $74.55 |
| Q2 2024 | +186,285 | Add 67.35% | 462,868 | $61.52 |
| Q1 2024 | +98,902 | Add 55.66% | 276,583 | $57.12 |
| Q4 2023 | +130,136 | Add 273.71% | 177,681 | $62.95 |
| Q3 2023 | +14,645 | Add 44.51% | 47,545 | $55.24 |
| Q2 2023 | +13,209 | Add 67.08% | 32,900 | $65.39 |
| Q1 2023 | -1,211 | Reduce 5.79% | 19,691 | $67.97 |
| Q4 2022 | +480 | Add 2.35% | 20,902 | $70.93 |
| Q3 2022 | +8,954 | Add 78.08% | 20,422 | $67.57 |
| Q2 2022 | +2,369 | Add 26.04% | 11,468 | $72.11 |
| Q1 2022 | -730 | Reduce 7.43% | 9,099 | $66.38 |
| Q4 2021 | -318 | Reduce 3.13% | 9,829 | $71.32 |
| Q3 2021 | -624 | Reduce 5.79% | 10,147 | $66.23 |
| Q2 2021 | +2,682 | Add 33.16% | 10,771 | $70.47 |
| Q1 2021 | +3,241 | Add 66.85% | 8,089 | $67.25 |
| Q4 2020 | -6,201 | Reduce 56.12% | 4,848 | $66.63 |
| Q3 2020 | -4,080 | Reduce 26.97% | 11,049 | $63.63 |
| Q2 2020 | +997 | Add 7.05% | 15,129 | $65.70 |
| Q1 2020 | -5,542 | Reduce 28.17% | 14,132 | $61.92 |
| Q4 2019 | -478 | Reduce 2.37% | 19,674 | $70.19 |
| Q3 2019 | +1,544 | Add 8.30% | 20,152 | $73.14 |
| Q2 2019 | +309 | Add 1.69% | 18,608 | $64.06 |
| Q1 2019 | +10,477 | Add 133.94% | 18,299 | $69.35 |
| Q4 2018 | -23,741 | Reduce 75.22% | 7,822 | $59.06 |
| Q3 2018 | -27,972 | Reduce 46.98% | 31,563 | $53.13 |
| Q2 2018 | -97,117 | Reduce 62.00% | 59,535 | $52.78 |
| Q1 2018 | -34,104 | Reduce 17.88% | 156,652 | $48.04 |
| Q4 2017 | -899 | Reduce 0.47% | 190,756 | $51.44 |
| Q3 2017 | +74,299 | Add 63.31% | 191,655 | $49.08 |
| Q2 2017 | +45,364 | Add 63.01% | 117,356 | $45.87 |
| Q1 2017 | -78,496 | Reduce 52.16% | 71,992 | $47.96 |
| Q4 2016 | -27,224 | Reduce 15.32% | 150,488 | $46.05 |
| Q3 2016 | +53,342 | Add 42.89% | 177,712 | $49.45 |
| Q2 2016 | +3,462 | Add 2.86% | 124,370 | $48.24 |
| Q1 2016 | +13,198 | Add 12.25% | 120,908 | $38.47 |
| Q4 2015 | +21,948 | Add 25.59% | 107,710 | $33.99 |
| Q3 2015 | +17,566 | Add 25.76% | 85,762 | $29.85 |
| Q2 2015 | +18,096 | Add 36.12% | 68,196 | $29.17 |
| Q1 2015 | -13,197 | Reduce 20.85% | 50,100 | $32.97 |
| Q4 2014 | -30,297 | Reduce 32.37% | 63,297 | $31.09 |
| Q3 2014 | -68,900 | Reduce 42.40% | 93,594 | $27.38 |
| Q2 2014 | -16,900 | Reduce 9.42% | 162,494 | $30.23 |
| Q1 2014 | +75,800 | Add 73.17% | 179,394 | $30.41 |
| Q4 2013 | +42,600 | Add 69.84% | 103,594 | $29.02 |
| Q3 2013 | +53,000 | Add 663.00% | 60,994 | $30.18 |
| Q2 2013 | +7,994 | Add 0.00% | 7,994 | $29.52 |
| Q4 2012 | +87,347 | Add 0.00% | 87,347 | $26.79 |
Cliff Asness's Agree Realty Corporation Investment FAQs
Cliff Asness first purchased Agree Realty Corporation (ADC) in Q4 2012, acquiring 87,347 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Agree Realty Corporation (ADC) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Agree Realty Corporation (ADC) was in Q2 2024, adding 462,868 shares worth $28.48 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 325,082 shares of Agree Realty Corporation (ADC), valued at approximately $23.42 M.
As of the Q4 2025 filing, Agree Realty Corporation (ADC) represents approximately 0.01% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Agree Realty Corporation (ADC) was 462,868 shares, as reported at the end of Q2 2024.