In his recent book, Shared and Institutional Agency, Bratman attempts to defend realism about institutional agency while appealing only to ontologically modest foundations. Here I argue that this ontologically modest foundation leaves Bratman unable to provide plausible accounts of institutional evidence, institutional belief, and the reasons for which institutions believe and act. Given that these phenomena are key to our moral and epistemic evaluation of institutions and their actions, this is a serious failing. Instead, we should defend a more robust realism about institutional agency.