GW&K Investment Management Reduces Stake in Agree Realty

Real estate investment trust sees institutional investor sell off 3.5% of shares

Published on Mar. 5, 2026

GW&K Investment Management LLC reduced its holdings in shares of Agree Realty Corporation (NYSE:ADC) by 3.5% during the 3rd quarter, according to the company's recent 13F filing with the Securities & Exchange Commission. The firm owned 978,476 shares of the real estate investment trust's stock after selling 35,473 shares during the period.

Why it matters

Agree Realty is a prominent real estate investment trust that focuses on acquiring, developing and managing a diversified portfolio of retail properties. The reduction in shares held by GW&K Investment Management, a major institutional investor, could signal a shift in market sentiment around the company.

The details

GW&K Investment Management LLC reduced its stake in Agree Realty by selling 35,473 shares during the 3rd quarter. The firm now owns 978,476 shares, or about 0.85% of the company's outstanding stock, valued at $69,511,000 at the end of the quarter.

  • GW&K Investment Management filed its 13F report for the 3rd quarter of 2026.

The players

GW&K Investment Management LLC

An investment management firm that reduced its stake in Agree Realty Corporation.

Agree Realty Corporation

A real estate investment trust that focuses on acquiring, developing and managing a diversified portfolio of retail properties.

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The takeaway

The reduction in shares held by a major institutional investor like GW&K Investment Management could signal a shift in market sentiment around Agree Realty. Investors will be watching to see if other large shareholders follow suit or if Agree Realty can continue to attract new investment.