Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value ($000): $1,815,605 (100.0% shares, 0.0% debt)

Holdings (40)

SPG Simon Property Group, Inc. 11.0%

Value ($000) $199,940 Shares 1,219,150 Est. Cost $88.80 Unrealized -4.9%

EQR Equity Residential 6.6%

Value ($000) $120,711 Shares 2,081,575 Est. Cost $31.41 Unrealized +1.0%

AVB AvalonBay Communities, Inc. 5.5%

Value ($000) $99,178 Shares 755,238 Est. Cost $87.72 Unrealized -3.3%

— HCP Inc. 5.3%

Value ($000) $96,068 Shares 2,476,625 Est. Cost $44.69 Unrealized —

VTR Ventas, Inc. 5.1%

Value ($000) $91,929 Shares 1,517,727 Est. Cost $48.62 Unrealized -15.2%

BXP Boston Properties, Inc. 4.9%

Value ($000) $89,470 Shares 781,190 Est. Cost $64.00 Unrealized +4.6%

PSA Public Storage 4.9%

Value ($000) $88,651 Shares 526,152 Est. Cost $97.31 Unrealized +5.2%

PLD ProLogis Inc. 4.6%

Value ($000) $83,281 Shares 2,039,684 Est. Cost $27.82 Unrealized -0.7%

— General Growth Properties 4.1%

Value ($000) $75,098 Shares 3,413,553 Est. Cost $19.87 Unrealized —

ESS Essex Property Trust, Inc. 3.9%

Value ($000) $70,335 Shares 413,611 Est. Cost $105.69 Unrealized +4.5%

— SL Green Realty Corp. 3.7%

Value ($000) $67,054 Shares 666,408 Est. Cost $89.94 Unrealized —

— Taubman Centers, Inc. 3.1%

Value ($000) $55,832 Shares 788,697 Est. Cost $74.23 Unrealized —

EXR Extra Space Storage, Inc 2.8%

Value ($000) $51,528 Shares 1,062,214 Est. Cost $26.60 Unrealized +12.7%

MAR Marriott International-CL A 2.8%

Value ($000) $51,463 Shares 918,664 Est. Cost $36.65 Unrealized +25.2%

AMT American Tower Corp. 2.6%

Value ($000) $46,881 Shares 572,622 Est. Cost $59.51 Unrealized +3.5%

KRC Kilroy Realty 2.5%

Value ($000) $45,208 Shares 771,736 Est. Cost $52.45 Unrealized —

— Chesapeake Lodging Trust 2.3%

Value ($000) $40,856 Shares 1,587,880 Est. Cost $20.79 Unrealized —

— Cousins Properties, Inc. 2.1%

Value ($000) $38,552 Shares 3,361,068 Est. Cost $10.29 Unrealized —

— Retail Opportunity Investmen 2.1%

Value ($000) $37,407 Shares 2,503,765 Est. Cost $13.90 Unrealized —

BRX Brixmor Property Group 2.1%

Value ($000) $37,319 Shares 1,749,617 Est. Cost $20.40 Unrealized —

— Apartment Investment & Manag 2.0%

Value ($000) $36,917 Shares 1,221,607 Est. Cost $29.94 Unrealized —

RLJ RLJ Lodging Trust 1.8%

Value ($000) $33,486 Shares 1,252,284 Est. Cost $23.01 Unrealized —

H Hyatt Hotels 1.4%

Value ($000) $25,839 Shares 480,198 Est. Cost $40.58 Unrealized +21.5%

— Healthcare Trust of America 1.3%

Value ($000) $24,001 Shares 2,107,147 Est. Cost $11.18 Unrealized —

— Equity One 1.3%

Value ($000) $23,579 Shares 1,055,441 Est. Cost $22.54 Unrealized —

— CoreSite Realty Corp. 1.3%

Value ($000) $23,406 Shares 755,036 Est. Cost $31.00 Unrealized —

— Kite Realty Group Trust 1.1%

Value ($000) $20,541 Shares 3,423,540 Est. Cost $6.11 Unrealized —

— Duke Realty Corporation 1.1%

Value ($000) $19,849 Shares 1,175,894 Est. Cost $16.88 Unrealized —

TRNO Terreno Realty Corp 1.0%

Value ($000) $18,611 Shares 984,172 Est. Cost $18.14 Unrealized —

ELS Equity Lifestyle Properties 1.0%

Value ($000) $17,522 Shares 431,048 Est. Cost $34.61 Unrealized —

ARE Alexandria Real Estate Equit 0.9%

Value ($000) $16,619 Shares 229,039 Est. Cost $41.68 Unrealized +10.5%

BFS Saul Centers, Inc. 0.8%

Value ($000) $13,764 Shares 290,621 Est. Cost $44.87 Unrealized —

— Starwood Hotels & Resorts Wo 0.7%

Value ($000) $13,161 Shares 165,338 Est. Cost $79.60 Unrealized —

VRE Mack-Cali Realty Corporation 0.7%

Value ($000) $12,347 Shares 593,900 Est. Cost $20.79 Unrealized —

KIM Kimco Realty Corp. 0.6%

Value ($000) $11,334 Shares 518,000 Est. Cost $11.63 Unrealized +4.2%

— American Residential Propert 0.6%

Value ($000) $11,112 Shares 617,988 Est. Cost $17.50 Unrealized —

DRH DiamondRock Hospitality 0.3%

Value ($000) $5,589 Shares 475,702 Est. Cost $9.60 Unrealized —

— Federal Realty Investments T 0.0%

Value ($000) $564 Shares 4,913 Est. Cost $109.82 Unrealized —

AAT American Assets Trust, Inc. 0.0%

Value ($000) $372 Shares 11,013 Est. Cost $30.80 Unrealized —

AKR Acadia Realty Trust 0.0%

Value ($000) $231 Shares 8,775 Est. Cost $26.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group, Inc.	1,219,150	$199,940	11.0%	$88.80	-4.9%	COM	828806109
EQR	Equity Residential	2,081,575	$120,711	6.6%	$31.41	+1.0%	COM	29476L107
AVB	AvalonBay Communities, Inc.	755,238	$99,178	5.5%	$87.72	-3.3%	COM	053484101
—	HCP Inc.	2,476,625	$96,068	5.3%	$44.69	—	COM	40414L109
VTR	Ventas, Inc.	1,517,727	$91,929	5.1%	$48.62	-15.2%	COM	92276F100
BXP	Boston Properties, Inc.	781,190	$89,470	4.9%	$64.00	+4.6%	COM	101121101
PSA	Public Storage	526,152	$88,651	4.9%	$97.31	+5.2%	COM	74460D109
PLD	ProLogis Inc.	2,039,684	$83,281	4.6%	$27.82	-0.7%	COM	74340W103
—	General Growth Properties	3,413,553	$75,098	4.1%	$19.87	—	COM	370023103
ESS	Essex Property Trust, Inc.	413,611	$70,335	3.9%	$105.69	+4.5%	COM	297178105
—	SL Green Realty Corp.	666,408	$67,054	3.7%	$89.94	—	COM	78440X101
—	Taubman Centers, Inc.	788,697	$55,832	3.1%	$74.23	—	COM	876664103
EXR	Extra Space Storage, Inc	1,062,214	$51,528	2.8%	$26.60	+12.7%	COM	30225T102
MAR	Marriott International-CL A	918,664	$51,463	2.8%	$36.65	+25.2%	COM	571903202
AMT	American Tower Corp.	572,622	$46,881	2.6%	$59.51	+3.5%	COM	03027X100
KRC	Kilroy Realty	771,736	$45,208	2.5%	$52.45	—	COM	49427F108
—	Chesapeake Lodging Trust	1,587,880	$40,856	2.3%	$20.79	—	COM	165240102
—	Cousins Properties, Inc.	3,361,068	$38,552	2.1%	$10.29	—	COM	222795106
—	Retail Opportunity Investmen	2,503,765	$37,407	2.1%	$13.90	—	COM	76131N101
BRX	Brixmor Property Group	1,749,617	$37,319	2.1%	$20.40	—	COM	11120U105
—	Apartment Investment & Manag	1,221,607	$36,917	2.0%	$29.94	—	COM	03748R101
RLJ	RLJ Lodging Trust	1,252,284	$33,486	1.8%	$23.01	—	COM	74965L101
H	Hyatt Hotels	480,198	$25,839	1.4%	$40.58	+21.5%	COM	448579102
—	Healthcare Trust of America	2,107,147	$24,001	1.3%	$11.18	—	COM	42225P105
—	Equity One	1,055,441	$23,579	1.3%	$22.54	—	COM	294752100
—	CoreSite Realty Corp.	755,036	$23,406	1.3%	$31.00	—	COM	21870Q105
—	Kite Realty Group Trust	3,423,540	$20,541	1.1%	$6.11	—	COM	49803T102
—	Duke Realty Corporation	1,175,894	$19,849	1.1%	$16.88	—	COM	264411505
TRNO	Terreno Realty Corp	984,172	$18,611	1.0%	$18.14	—	COM	88146M101
ELS	Equity Lifestyle Properties	431,048	$17,522	1.0%	$34.61	—	COM	29472R108
ARE	Alexandria Real Estate Equit	229,039	$16,619	0.9%	$41.68	+10.5%	COM	015271109
BFS	Saul Centers, Inc.	290,621	$13,764	0.8%	$44.87	—	COM	804395101
—	Starwood Hotels & Resorts Wo	165,338	$13,161	0.7%	$79.60	—	COM	85590A401
VRE	Mack-Cali Realty Corporation	593,900	$12,347	0.7%	$20.79	—	COM	554489104
KIM	Kimco Realty Corp.	518,000	$11,334	0.6%	$11.63	+4.2%	COM	49446R109
—	American Residential Propert	617,988	$11,112	0.6%	$17.50	—	COM	02927E303
DRH	DiamondRock Hospitality	475,702	$5,589	0.3%	$9.60	—	COM	252784301
—	Federal Realty Investments T	4,913	$564	0.0%	$109.82	—	COM	313747206
AAT	American Assets Trust, Inc.	11,013	$372	0.0%	$30.80	—	COM	024013104
AKR	Acadia Realty Trust	8,775	$231	0.0%	$26.32	—	COM	004239109