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Compiled from SEC Form N-PX filings and Agree Realty Corporation’s Form 8-K, filed 2026-05-14 (Item 5.07 on EDGAR). Page generated 02 October 2026.
Explore Agree Realty Corporation in the interactive database Compare manager voting policies
These tallies are Agree Realty Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-05-14 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Outcome |
|---|---|---|---|---|---|---|
| Elect Director: John Rakolta, Jr. | 100,834,036 | -- | -- | 1,679,090 | 6,771,007 | Majority: yes |
| Elect Director: Jerome Rossi | 92,870,518 | -- | -- | 9,642,608 | 6,771,007 | Majority: yes |
| Ratification of Appointment of Independent Registered Public Accounting Firm: | 107,684,512 | 1,515,453 | 84,168 | -- | -- | Majority: yes |
| Approval, by Non-Binding Vote, of Executive Compensation: | 97,715,282 | 4,650,345 | 147,499 | -- | 6,771,007 | Majority: yes |
Source: Agree Realty Corporation, Form 8-K, filed with the SEC on 2026-05-14 — read the filing on EDGAR.
Each item below shows how the 507 asset managers that disclosed a Agree Realty Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Agree Realty Corporation’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 8 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Agree Realty Corporation’s own tally for this item (“Approval, by Non-Binding Vote, of Executive Compensation:”): 97,715,282 for, 4,650,345 against, per its Form 8-K filed 2026-05-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 120,102,901 outstanding shares: 81% for, 4% against (85% of the company cast a for/against vote).
The 494 asset managers below cast 97% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,071,214 | 5,179 | 0 | 0 | For |
| BlackRock | 12,613,419 | 608 | 0 | 0 | For |
| Cohen & Steers | 12,473,506 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 6,531,126 | 0 | 0 | 0 | For |
| Charles Schwab | 3,986,748 | 0 | 0 | 0 | For |
| Zimmer Partners, LP | 2,833,632 | 0 | 0 | 0 | For |
| State Street | 2,797,762 | 0 | 0 | 0 | For |
| Daiwa Securities Group Inc. | 2,758,543 | 0 | 0 | 0 | For |
| Janus Henderson | 2,400,244 | 0 | 0 | 0 | For |
| Two Sigma | 2,356,555 | 0 | 0 | 0 | For |
| Fidelity | 2,312,093 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,209,986 | 0 | 0 | 0 | For |
| Prudential/PGIM | 2,204,674 | 5,226 | 0 | 0 | For |
| Principal | 1,992,148 | 0 | 0 | 0 | For |
| Thrivent | 1,274,246 | 0 | 0 | 0 | For |
| Russell Investments | 1,241,618 | 0 | 0 | 0 | For |
| NOMURA INVESTMENT MANAGEMENT BUSINESS TRUST | 1,203,262 | 0 | 0 | 0 | For |
| American Century | 1,173,505 | 0 | 0 | 0 | For |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | 993,734 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 888,475 | 0 | 0 | 0 | For |
| Goldman Sachs | 841,164 | 0 | 0 | 0 | For |
| CINCINNATI INSURANCE CO | 789,500 | 0 | 0 | 0 | For |
| Northern Trust | 765,070 | 0 | 0 | 0 | For |
| SCOUT INVESTMENTS, INC. | 724,451 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 713,542 | 0 | 0 | 0 | For |
Showing the 25 largest of 494 asset managers. See all 494 in the interactive database.
Combines 11 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Agree Realty Corporation’s own tally for this item (“Elect Director: John Rakolta, Jr.”): 100,834,036 for, 1,679,090 withheld, per its Form 8-K filed 2026-05-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 120,102,901 outstanding shares: 84% for, 1% withheld (85% of the company cast a for/withheld vote).
The 119 asset managers below cast 100% of the shares they voted on this item FOR (50,858,859 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 15,105,479 | 0 | 2 | 0 | For |
| Cohen & Steers | 10,011,403 | 0 | 0 | 0 | For |
| BlackRock | 7,594,477 | 0 | 0 | 0 | For |
| Fidelity | 2,299,628 | 0 | 0 | 0 | For |
| Principal | 1,992,148 | 0 | 0 | 0 | For |
| Charles Schwab | 1,983,638 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 888,475 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 713,542 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 689,927 | 0 | 0 | 0 | For |
| Prudential/PGIM | 645,925 | 0 | 0 | 0 | For |
| Thrivent | 615,059 | 0 | 0 | 0 | For |
| ETF Series Solutions | 573,829 | 0 | 0 | 0 | For |
| American Century | 459,696 | 0 | 0 | 0 | For |
| TIAA | 456,409 | 0 | 0 | 0 | For |
| JPMorgan | 443,382 | 0 | 0 | 0 | For |
| Russell Investments | 438,761 | 0 | 0 | 0 | For |
| DWS | 430,600 | 0 | 0 | 0 | For |
| State Street | 346,975 | 0 | 0 | 0 | For |
| Apollo Diversified Real Estate Fund | 0 | 0 | 315,810 | 0 | Abstain |
| Empower | 286,033 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 271,714 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 260,000 | 0 | 0 | 0 | For |
| Lincoln Financial | 236,869 | 0 | 0 | 0 | For |
| Equitable | 104,292 | 0 | 121,055 | 0 | Abstain |
| Virtus | 224,365 | 0 | 0 | 0 | For |
Showing the 25 largest of 119 asset managers. See all 119 in the interactive database.
Combines 11 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Agree Realty Corporation’s own tally for this item (“Elect Director: Jerome Rossi”): 92,870,518 for, 9,642,608 withheld, per its Form 8-K filed 2026-05-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 120,102,901 outstanding shares: 77% for, 8% withheld (85% of the company cast a for/withheld vote).
The 119 asset managers below cast 100% of the shares they voted on this item FOR (49,705,480 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 15,100,295 | 0 | 5,186 | 0 | For |
| Cohen & Steers | 10,011,403 | 0 | 0 | 0 | For |
| BlackRock | 7,594,477 | 0 | 0 | 0 | For |
| Fidelity | 2,299,628 | 0 | 0 | 0 | For |
| Principal | 1,992,148 | 0 | 0 | 0 | For |
| Charles Schwab | 1,983,638 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 888,475 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 713,542 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 689,927 | 0 | 0 | 0 | For |
| Prudential/PGIM | 645,925 | 0 | 0 | 0 | For |
| Thrivent | 615,059 | 0 | 0 | 0 | For |
| ETF Series Solutions | 573,829 | 0 | 0 | 0 | For |
| American Century | 459,696 | 0 | 0 | 0 | For |
| TIAA | 456,409 | 0 | 0 | 0 | For |
| JPMorgan | 0 | 0 | 443,382 | 0 | Abstain |
| Russell Investments | 438,761 | 0 | 0 | 0 | For |
| DWS | 430,600 | 0 | 0 | 0 | For |
| State Street | 6,854 | 0 | 340,121 | 0 | Abstain |
| Apollo Diversified Real Estate Fund | 0 | 0 | 315,810 | 0 | Abstain |
| Empower | 286,033 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 271,714 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 260,000 | 0 | 0 | 0 | For |
| Lincoln Financial | 200,128 | 0 | 36,741 | 0 | For |
| Equitable | 104,292 | 0 | 121,055 | 0 | Abstain |
| Virtus | 224,365 | 0 | 0 | 0 | For |
Showing the 25 largest of 119 asset managers. See all 119 in the interactive database.
Combines 3 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Agree Realty Corporation’s own tally for this item (“Ratification of Appointment of Independent Registered Public Accounting Firm:”): 107,684,512 for, 1,515,453 against, per its Form 8-K filed 2026-05-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 120,102,901 outstanding shares: 90% for, 1% against (91% of the company cast a for/against vote).
The 117 asset managers below cast 99.9% of the shares they voted on this item FOR (50,673,991 for, 5 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 15,105,479 | 2 | 0 | 0 | For |
| Cohen & Steers | 10,011,403 | 0 | 0 | 0 | For |
| BlackRock | 7,594,477 | 0 | 0 | 0 | For |
| Fidelity | 2,299,628 | 0 | 0 | 0 | For |
| Principal | 1,992,148 | 0 | 0 | 0 | For |
| Charles Schwab | 1,983,638 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 888,475 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 713,542 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 689,927 | 0 | 0 | 0 | For |
| Prudential/PGIM | 645,925 | 0 | 0 | 0 | For |
| Thrivent | 615,059 | 0 | 0 | 0 | For |
| ETF Series Solutions | 573,829 | 0 | 0 | 0 | For |
| American Century | 459,696 | 0 | 0 | 0 | For |
| TIAA | 456,409 | 0 | 0 | 0 | For |
| JPMorgan | 443,382 | 0 | 0 | 0 | For |
| Russell Investments | 438,761 | 0 | 0 | 0 | For |
| DWS | 430,600 | 0 | 0 | 0 | For |
| State Street | 346,972 | 3 | 0 | 0 | For |
| Apollo Diversified Real Estate Fund | 0 | 0 | 315,810 | 0 | Abstain |
| TOUCHSTONE STRATEGIC TRUST | 271,714 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 260,000 | 0 | 0 | 0 | For |
| Equitable | 225,347 | 0 | 0 | 0 | For |
| Virtus | 224,365 | 0 | 0 | 0 | For |
| Neuberger Berman | 203,563 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 194,380 | 0 | 0 | 0 | For |
Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.
95% Majority: yes · of votes cast
Agree Realty Corporation’s own tally for this item (“Approval, by Non-Binding Vote, of Executive Compensation:”): 97,715,282 for, 4,650,345 against, per its Form 8-K filed 2026-05-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 120,102,901 outstanding shares: 81% for, 4% against (85% of the company cast a for/against vote).
The 12 asset managers below cast 54.0% of the shares they voted on this item FOR (470,372 for, 401,017 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| APG Asset Management US Inc. | 0 | 302,617 | 0 | 0 | Against |
| Empower | 227,311 | 0 | 0 | 0 | For |
| NORDEA INVESTMENT MANAGEMENT AB | 0 | 98,400 | 0 | 0 | Against |
| Lincoln Financial | 96,943 | 0 | 0 | 0 | For |
| Uniplan Investment Counsel, Inc. | 61,431 | 0 | 0 | 0 | For |
| HEITMAN REAL ESTATE SECURITIES LLC | 30,731 | 0 | 0 | 0 | For |
| AGF Investments Trust | 19,652 | 0 | 0 | 0 | For |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | 14,693 | 0 | 0 | 0 | For |
| Two Roads Shared Trust | 10,506 | 0 | 0 | 0 | For |
| VALUED ADVISERS TRUST | 7,600 | 0 | 0 | 0 | For |
| Wilshire Advisors LLC | 1,495 | 0 | 0 | 0 | For |
| Convergence Investment Partners, LLC | 10 | 0 | 0 | 0 | For |
98% fund support · no official result
The 4 asset managers below cast 98% of the shares they voted on this item FOR (343,906 for, 7,600 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Empower | 227,311 | 0 | 0 | 0 | For |
| Lincoln Financial | 96,943 | 0 | 0 | 0 | For |
| AGF Investments Trust | 19,652 | 0 | 0 | 0 | For |
| VALUED ADVISERS TRUST | 0 | 7,600 | 0 | 0 | Against |
Ranked by the number of Agree Realty Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 120,102,901 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 13.39% |
| 2 | BlackRock | 10.50% |
| 3 | Cohen & Steers | 10.39% |
| 4 | PRINCIPAL GLOBAL INVESTORS | 5.44% |
| 5 | Charles Schwab | 3.32% |
| 6 | Zimmer Partners, LP | 2.36% |
| 7 | State Street | 2.33% |
| 8 | Daiwa Securities Group Inc. | 2.30% |
| 9 | Janus Henderson | 2.00% |
| 10 | Two Sigma | 1.96% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| BlackRock | 14.90% | 13F |
| Cohen & Steers, Inc. | 13.71% | 13G |
| Vanguard Group | 13.10% | 13F |
| Vanguard Portfolio Management | 8.56% | 13G |
| State Street | 4.97% | 13F |
| Two Sigma | 3.37% | 13F |
| JPMorgan Chase | 2.30% | 13F |
| Charles Schwab | 1.76% | 13F |
| Dimensional Fund Advisors | 1.47% | 13F |
| Morgan Stanley | 1.09% | 13F |
Percentages above are of 120,102,901 shares outstanding, as reported by Agree Realty Corporation on its Form 10-Q dated 2026-04-20 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Agree Realty Corporation’s 10-Q dated 2026-04-20. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.
At Agree Realty Corporation's shareholder meeting held 2026-05-14, in the 2025-2026 proxy season, 507 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,505 separate fund positions. Their filings are grouped here into 6 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, by non-binding vote, executive compensation. — FOR was 95% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Agree Realty Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-05-14.
Agree Realty Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).