AGREE REALTY CORP

Ticker: ADC CUSIP: 008492100 Class: COM

Ativo Capital Management LLC's Holding History (CIK: 0001423065)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016
Shares 20,846 Value ($000) $1,006 Avg Close — Range —
Q1 2016
Shares 14,609 Value ($000) $562 Avg Close — Range —
Q4 2015
Shares 17,309 Value ($000) $588 Avg Close — Range —
Q3 2015
Shares 17,309 Value ($000) $554 Avg Close — Range —