Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
479 institutional managers reported holding ADC for the quarter ended Mar 31, 2026. Reported positions total over 95% of shares outstanding; the top 10 hold 66%. 56 opened new positions; 53 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| BlackRock | 17.89M | 14.86% | $1.35B | added +6.6% | ≤2013 |
| Cohen & Steers | 17.86M | 14.84% | $1.35B | added +26.7% | 2016 Q2 |
| Vanguard Group | 16.63M | 13.81% | $1.25B | added +5.6% | ≤2013 |
| State Street | 5.97M | 4.96% | $449.6M | added +1.4% | 2015 Q4 |
| Principal Financial Group INC | 4.53M | 3.76% | $341.0M | added +5.4% | ≤2013 |
| Two Sigma | 4.04M | 3.36% | $304.5M | added +139.1% | ≤2013 |
| Centersquare Investment Management LLC | 3.43M | 2.85% | $258.4M | added +4% | 2018 Q4 |
| Zimmer Partners, LP | 3.30M | 2.74% | $248.4M | opened | 2025 Q2 |
| Daiwa Securities Group INC. | 2.96M | 2.46% | $223.2M | added +30.9% | ≤2013 |
| Geode Capital | 2.70M | 2.24% | $203.4M | added +7.5% | ≤2013 |
| Charles Schwab Investment Management | 2.11M | 1.75% | $159.0M | added +7.9% | ≤2013 |
| Prudential Financial INC | 1.91M | 1.58% | $143.7M | added +6.3% | ≤2013 |
| Dimensional Fund Advisors | 1.77M | 1.47% | $133.4M | added +5.3% | ≤2013 |
| Bank OF America CORP /DE/ | 1.53M | 1.27% | $115.0M | added +65.4% | ≤2013 |
| Raymond James Financial INC | 1.43M | 1.19% | $107.9M | added +13.3% | ≤2013 |
| Nomura Asset Management International INC. | 1.40M | 1.16% | $105.2M | trimmed -21.5% | 2025 Q4 |
| Deutsche Bank AG\ | 1.34M | 1.11% | $100.7M | trimmed -38.6% | ≤2013 |
| Morgan Stanley | 1.32M | 1.10% | $99.4M | added +0.9% | ≤2013 |
| Janus Henderson | 1.25M | 1.04% | $94.3M | unchanged | 2021 Q2 |
| UBS | 1.20M | 0.99% | $90.1M | added +18.1% | ≤2013 |
| Goldman Sachs | 1.17M | 0.97% | $88.2M | added +159.4% | 2015 Q2 |
| Northern Trust | 1.15M | 0.96% | $86.7M | added +3.1% | ≤2013 |
| Frontier Capital Management CO LLC | 1.10M | 0.92% | $83.0M | added +36.6% | 2021 Q2 |
| Millennium Management | 1.10M | 0.91% | $82.8M | trimmed -23.4% | 2017 Q2 |
| SEI Investments CO | 1.05M | 0.87% | $79.2M | added +27.2% | 2016 Q2 |
| Duff & Phelps Investment Management CO | 1.01M | 0.84% | $76.1M | added +5.4% | 2024 Q2 |
| Pggm Investments | 932.6k | 0.78% | $70.3M | trimmed -9.2% | 2024 Q2 |
| BNY Mellon | 925.8k | 0.77% | $69.8M | unchanged | ≤2013 |
| Russell Investments Group, LTD. | 903.1k | 0.75% | $68.0M | trimmed -4.7% | 2016 Q4 |
| Cincinnati Insurance CO | 806.0k | 0.67% | $60.7M | unchanged | 2022 Q2 |
| Citadel Advisors | 791.2k | 0.66% | $59.6M | trimmed -20.2% | 2017 Q2 |
| Holocene Advisors | 790.4k | 0.66% | $59.6M | added +104.2% | 2025 Q4 |
| Sumitomo Mitsui Trust Group, INC. | 781.6k | 0.65% | $58.9M | added +7.5% | ≤2013 |
| Voloridge Investment Management | 761.0k | 0.63% | $57.3M | added +21.8% | 2024 Q3 |
| American Century Companies INC | 727.7k | 0.60% | $54.8M | trimmed -7.7% | 2022 Q2 |
| Lasalle Investment Management Securities LLC (focused) | 719.7k | 0.60% | $54.2M | added +6.7% | 2018 Q4 |
| Rush Island Management, LP (focused) | 677.4k | 0.56% | $51.0M | opened | 2026 Q1 |
| Thrivent Financial for Lutherans | 676.4k | 0.56% | $51.0M | added +90.8% | 2013 Q4 |
| Legal & General Group PLC | 657.0k | 0.55% | $49.5M | trimmed -7.2% | ≤2013 |
| Bahl & Gaynor INC | 632.6k | 0.53% | $47.7M | added +5.7% | 2020 Q3 |
| Alyeska Investment Group | 607.8k | 0.51% | $45.8M | added +3.7% | 2023 Q2 |
| Engineers Gate Manager LP | 591.5k | 0.49% | $44.6M | trimmed -50% | 2023 Q2 |
| Gw&k Investment Management, LLC | 556.1k | 0.46% | $41.9M | trimmed -38.7% | 2017 Q4 |
| HRT Financial LP | 520.9k | 0.43% | $39.3M | added +61.2% | 2023 Q2 |
| Invesco | 479.9k | 0.40% | $36.2M | added +2.3% | ≤2013 |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 445.9k | 0.37% | $33.6M | trimmed -12.3% | 2025 Q1 |
| Adelante Capital Management LLC (focused) | 440.2k | 0.37% | $33.2M | unchanged | 2024 Q4 |
| Nuveen | 421.2k | 0.35% | $31.7M | trimmed -65.5% | 2017 Q2 |
| Schonfeld Strategic Advisors | 407.0k | 0.34% | $30.7M | added +246.8% | 2020 Q4 |
| BNP Paribas Financial Markets | 400.4k | 0.33% | $30.2M | added +27.3% | 2014 Q1 |
Largest 50 of 479 shown; the full ranked, searchable register is at boothcheck.com/holders/ADC. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.