Exchange Traded Concepts Reduces Stake in Agree Realty

The investment firm sold over 38,000 shares of the real estate investment trust in Q4 2025.

Apr. 1, 2026 at 7:53am

Exchange Traded Concepts LLC, an institutional investor, reduced its stake in Agree Realty Corporation (NYSE: ADC) by 45.2% during the fourth quarter of 2025. The firm now owns 46,704 shares of the real estate investment trust's stock, valued at $3.36 million as of its most recent SEC filing.

Why it matters

Agree Realty is a prominent real estate investment trust that focuses on acquiring and managing a diversified portfolio of retail properties under long-term, triple-net leases. The reduction in Exchange Traded Concepts' position could signal a shift in investor sentiment or portfolio strategy, potentially impacting the stock's performance.

The details

According to the SEC filing, Exchange Traded Concepts sold 38,465 shares of Agree Realty during the fourth quarter, reducing its total holdings to 46,704 shares. The firm's previous stake in the REIT was valued at $3.36 million. Other large investors, such as Westside Investment Management Inc. and Cornerstone Planning Group LLC, have also made significant investments in Agree Realty in recent quarters.

  • Exchange Traded Concepts filed its most recent 13F report on April 1, 2026, disclosing its Q4 2025 holdings.
  • The firm reduced its Agree Realty position during the fourth quarter of 2025.

The players

Exchange Traded Concepts LLC

An institutional investor and asset management firm.

Agree Realty Corporation

A real estate investment trust that focuses on acquiring and managing a diversified portfolio of retail properties under long-term, triple-net leases.

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The takeaway

The reduction in Exchange Traded Concepts' Agree Realty position could signal a shift in investor sentiment towards the REIT, though the overall outlook remains positive with analysts maintaining a 'Moderate Buy' rating and increased price targets.