Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q4 2013 (← Previous) (Next →)

Filing Date: Feb 14, 2014

Total Value ($000): $1,696,495 (100.0% shares, 0.0% debt)

Holdings (42)

SPG Simon Property Group, Inc. 11.0%

Value ($000) $187,420 Shares 1,231,732 Est. Cost $88.80 Unrealized -8.8%

EQR Equity Residential 6.4%

Value ($000) $108,047 Shares 2,083,031 Est. Cost $31.41 Unrealized -6.9%

— HCP Inc. 5.5%

Value ($000) $92,839 Shares 2,556,139 Est. Cost $44.69 Unrealized —

AVB AvalonBay Communities, Inc. 5.3%

Value ($000) $90,088 Shares 761,978 Est. Cost $87.72 Unrealized -6.3%

VTR Ventas, Inc. 5.2%

Value ($000) $87,967 Shares 1,535,745 Est. Cost $48.62 Unrealized -16.5%

BXP Boston Properties, Inc. 4.8%

Value ($000) $81,061 Shares 807,614 Est. Cost $64.00 Unrealized -3.4%

PSA Public Storage 4.6%

Value ($000) $78,432 Shares 521,073 Est. Cost $97.31 Unrealized +2.9%

PLD ProLogis Inc. 4.4%

Value ($000) $75,058 Shares 2,031,325 Est. Cost $27.82 Unrealized -3.9%

— General Growth Properties 4.2%

Value ($000) $71,256 Shares 3,550,379 Est. Cost $19.87 Unrealized —

AMT American Tower Corp. 3.1%

Value ($000) $53,421 Shares 669,268 Est. Cost $59.51 Unrealized -1.7%

— SL Green Realty Corp. 3.1%

Value ($000) $53,300 Shares 576,968 Est. Cost $88.28 Unrealized —

ESS Essex Property Trust, Inc. 3.0%

Value ($000) $50,981 Shares 355,244 Est. Cost $104.91 Unrealized -0.7%

— Taubman Centers, Inc. 3.0%

Value ($000) $50,729 Shares 793,630 Est. Cost $74.23 Unrealized —

MAR Marriott International-CL A 3.0%

Value ($000) $50,557 Shares 1,024,447 Est. Cost $36.65 Unrealized +10.0%

KRC Kilroy Realty 2.8%

Value ($000) $46,805 Shares 932,733 Est. Cost $52.45 Unrealized —

EXR Extra Space Storage, Inc 2.7%

Value ($000) $45,770 Shares 1,086,406 Est. Cost $26.60 Unrealized +6.1%

— Chesapeake Lodging Trust 2.5%

Value ($000) $43,172 Shares 1,707,100 Est. Cost $20.79 Unrealized —

— Retail Opportunity Investmen 2.2%

Value ($000) $37,220 Shares 2,528,552 Est. Cost $13.90 Unrealized —

— Apartment Investment & Manag 2.2%

Value ($000) $36,509 Shares 1,409,088 Est. Cost $29.94 Unrealized —

— Cousins Properties, Inc. 2.1%

Value ($000) $34,840 Shares 3,382,543 Est. Cost $10.29 Unrealized —

BRX Brixmor Property Group 1.9%

Value ($000) $32,955 Shares 1,621,035 Est. Cost $20.33 Unrealized —

RLJ RLJ Lodging Trust 1.8%

Value ($000) $30,513 Shares 1,254,645 Est. Cost $23.01 Unrealized —

— Cole Real Estate Investments 1.5%

Value ($000) $25,468 Shares 1,813,925 Est. Cost $11.46 Unrealized —

H Hyatt Hotels 1.4%

Value ($000) $23,247 Shares 470,020 Est. Cost $40.39 Unrealized +12.9%

— Equity One 1.3%

Value ($000) $21,611 Shares 963,076 Est. Cost $22.56 Unrealized —

DLR Digital Realty Trust 1.2%

Value ($000) $21,069 Shares 428,915 Est. Cost $38.89 Unrealized -20.0%

AAT American Assets Trust 1.1%

Value ($000) $19,443 Shares 618,635 Est. Cost $30.80 Unrealized —

— Kite Realty Group Trust 1.1%

Value ($000) $19,053 Shares 2,899,913 Est. Cost $6.13 Unrealized —

— Healthcare Trust of America 1.1%

Value ($000) $18,952 Shares 1,925,998 Est. Cost $11.16 Unrealized —

TRNO Terreno Realty Corp 1.0%

Value ($000) $17,787 Shares 1,004,902 Est. Cost $18.14 Unrealized —

ARE Alexandria Real Estate Equit 1.0%

Value ($000) $17,097 Shares 268,736 Est. Cost $41.68 Unrealized 0.0%

ELS Equity Lifestyle Properties 0.9%

Value ($000) $15,856 Shares 437,655 Est. Cost $34.61 Unrealized —

— American Campus Communities 0.9%

Value ($000) $14,546 Shares 451,605 Est. Cost $40.49 Unrealized —

BFS Saul Centers, Inc. 0.7%

Value ($000) $11,892 Shares 249,135 Est. Cost $44.46 Unrealized —

KIM Kimco Realty Corp. 0.6%

Value ($000) $10,230 Shares 518,000 Est. Cost $11.63 Unrealized 0.0%

— Post Properties, Inc. 0.5%

Value ($000) $8,901 Shares 196,800 Est. Cost $49.49 Unrealized —

— American Residential Propert 0.4%

Value ($000) $6,204 Shares 361,541 Est. Cost $17.16 Unrealized —

DRH DiamondRock Hospitality 0.3%

Value ($000) $4,870 Shares 421,664 Est. Cost $9.32 Unrealized —

— LaSalle Hotel Properties 0.0%

Value ($000) $779 Shares 25,194 Est. Cost $24.70 Unrealized —

REG REGENCY CTRS CORP 0.0%

Value ($000) $300 Shares 6,485 Est. Cost $31.08 Unrealized 0.0%

— Federal Realty Investment Tr 0.0%

Value ($000) $223 Shares 2,200 Est. Cost $103.67 Unrealized —

IYR ISHARES TR DJ US REAL EST 0.0%

Value ($000) $27 Shares 423 Est. Cost $63.83 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group, Inc.	1,231,732	$187,420	11.0%	$88.80	-8.8%	COM	828806109
EQR	Equity Residential	2,083,031	$108,047	6.4%	$31.41	-6.9%	COM	29476L107
—	HCP Inc.	2,556,139	$92,839	5.5%	$44.69	—	COM	40414L109
AVB	AvalonBay Communities, Inc.	761,978	$90,088	5.3%	$87.72	-6.3%	COM	053484101
VTR	Ventas, Inc.	1,535,745	$87,967	5.2%	$48.62	-16.5%	COM	92276F100
BXP	Boston Properties, Inc.	807,614	$81,061	4.8%	$64.00	-3.4%	COM	101121101
PSA	Public Storage	521,073	$78,432	4.6%	$97.31	+2.9%	COM	74460D109
PLD	ProLogis Inc.	2,031,325	$75,058	4.4%	$27.82	-3.9%	COM	74340W103
—	General Growth Properties	3,550,379	$71,256	4.2%	$19.87	—	COM	370023103
AMT	American Tower Corp.	669,268	$53,421	3.1%	$59.51	-1.7%	COM	03027X100
—	SL Green Realty Corp.	576,968	$53,300	3.1%	$88.28	—	COM	78440X101
ESS	Essex Property Trust, Inc.	355,244	$50,981	3.0%	$104.91	-0.7%	COM	297178105
—	Taubman Centers, Inc.	793,630	$50,729	3.0%	$74.23	—	COM	876664103
MAR	Marriott International-CL A	1,024,447	$50,557	3.0%	$36.65	+10.0%	COM	571903202
KRC	Kilroy Realty	932,733	$46,805	2.8%	$52.45	—	COM	49427F108
EXR	Extra Space Storage, Inc	1,086,406	$45,770	2.7%	$26.60	+6.1%	COM	30225T102
—	Chesapeake Lodging Trust	1,707,100	$43,172	2.5%	$20.79	—	COM	165240102
—	Retail Opportunity Investmen	2,528,552	$37,220	2.2%	$13.90	—	COM	76131N101
—	Apartment Investment & Manag	1,409,088	$36,509	2.2%	$29.94	—	COM	03748R101
—	Cousins Properties, Inc.	3,382,543	$34,840	2.1%	$10.29	—	COM	222795106
BRX	Brixmor Property Group	1,621,035	$32,955	1.9%	$20.33	—	COM	11120U105
RLJ	RLJ Lodging Trust	1,254,645	$30,513	1.8%	$23.01	—	COM	74965L101
—	Cole Real Estate Investments	1,813,925	$25,468	1.5%	$11.46	—	COM	19329V105
H	Hyatt Hotels	470,020	$23,247	1.4%	$40.39	+12.9%	COM	448579102
—	Equity One	963,076	$21,611	1.3%	$22.56	—	COM	294752100
DLR	Digital Realty Trust	428,915	$21,069	1.2%	$38.89	-20.0%	COM	253868103
AAT	American Assets Trust	618,635	$19,443	1.1%	$30.80	—	COM	024013104
—	Kite Realty Group Trust	2,899,913	$19,053	1.1%	$6.13	—	COM	49803T102
—	Healthcare Trust of America	1,925,998	$18,952	1.1%	$11.16	—	COM	42225P105
TRNO	Terreno Realty Corp	1,004,902	$17,787	1.0%	$18.14	—	COM	88146M101
ARE	Alexandria Real Estate Equit	268,736	$17,097	1.0%	$41.68	0.0%	COM	015271109
ELS	Equity Lifestyle Properties	437,655	$15,856	0.9%	$34.61	—	COM	29472R108
—	American Campus Communities	451,605	$14,546	0.9%	$40.49	—	COM	024835100
BFS	Saul Centers, Inc.	249,135	$11,892	0.7%	$44.46	—	COM	804395101
KIM	Kimco Realty Corp.	518,000	$10,230	0.6%	$11.63	0.0%	COM	49446R109
—	Post Properties, Inc.	196,800	$8,901	0.5%	$49.49	—	COM	737464107
—	American Residential Propert	361,541	$6,204	0.4%	$17.16	—	COM	02927E303
DRH	DiamondRock Hospitality	421,664	$4,870	0.3%	$9.32	—	COM	252784301
—	LaSalle Hotel Properties	25,194	$779	0.0%	$24.70	—	COM	517942108
REG	REGENCY CTRS CORP	6,485	$300	0.0%	$31.08	0.0%	COM	758849103
—	Federal Realty Investment Tr	2,200	$223	0.0%	$103.67	—	COM	313747206
IYR	ISHARES TR DJ US REAL EST	423	$27	0.0%	$63.83	—	COM	464287739