Adelante Capital Management LLC Concentrated Active

Location: Alameda, CA

CIK: 0001067926 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Nov 13, 2014

Total Value: $1.974B (100.0% shares, 0.0% debt)

Holdings (40)

SPG Simon Property Group, Inc. 10.0%

Value $198M Shares 1,202,412 Share Price $164.42 * Est. Cost/Share $88.92 Unrealized @ Report Date +8.9%

EQR Equity Residential 6.8%

Value $133M Shares 2,165,122 Share Price $61.58 * Est. Cost/Share $31.69 Unrealized @ Report Date +16.5%

BXP Boston Properties, Inc. 5.5%

Value $108M Shares 932,103 Share Price $115.76 * Est. Cost/Share $65.51 Unrealized @ Report Date +13.4%

— Health Care REIT Com 5.4%

Value $106M Shares 1,702,206 Share Price $62.37 Est. Cost/Share $62.37 Unrealized @ Report Date —

PSA Public Storage 4.2%

Value $82.5M Shares 497,449 Share Price $165.84 * Est. Cost/Share $97.31 Unrealized @ Report Date +13.5%

ESS Essex Property Trust, Inc. 4.1%

Value $80.82M Shares 452,143 Share Price $178.75 * Est. Cost/Share $108.43 Unrealized @ Report Date +20.6%

PLD ProLogis Inc. 4.1%

Value $80.61M Shares 2,138,112 Share Price $37.70 * Est. Cost/Share $27.88 Unrealized @ Report Date +3.4%

— General Growth Properties 4.1%

Value $80.29M Shares 3,409,426 Share Price $23.55 Est. Cost/Share $20.02 Unrealized @ Report Date —

— HCP Inc. 4.0%

Value $79.73M Shares 2,007,890 Share Price $39.71 Est. Cost/Share $44.69 Unrealized @ Report Date —

— SL Green Realty Corp. 3.4%

Value $66.46M Shares 655,929 Share Price $101.32 Est. Cost/Share $90.75 Unrealized @ Report Date —

AVB AvalonBay Communities, Inc. 3.1%

Value $61.51M Shares 436,361 Share Price $140.97 * Est. Cost/Share $87.72 Unrealized @ Report Date +15.8%

— Taubman Centers, Inc. 3.0%

Value $58.75M Shares 804,814 Share Price $73.00 Est. Cost/Share $74.18 Unrealized @ Report Date —

RLJ RLJ Lodging Trust 2.7%

Value $52.97M Shares 1,860,597 Share Price $28.47 Est. Cost/Share $24.91 Unrealized @ Report Date —

— Apartment Investment & Manag 2.6%

Value $51.31M Shares 1,612,511 Share Price $31.82 Est. Cost/Share $30.43 Unrealized @ Report Date —

MAR Marriott International-CL A 2.5%

Value $49.68M Shares 710,786 Share Price $69.90 * Est. Cost/Share $36.65 Unrealized @ Report Date +65.3%

— Cousins Properties, Inc. 2.4%

Value $48.24M Shares 4,037,152 Share Price $11.95 Est. Cost/Share $10.58 Unrealized @ Report Date —

— Starwood Hotels & Resorts Wo 2.4%

Value $48.13M Shares 578,423 Share Price $83.21 Est. Cost/Share $81.32 Unrealized @ Report Date —

EXR Extra Space Storage, Inc 2.4%

Value $46.82M Shares 907,968 Share Price $51.57 * Est. Cost/Share $26.60 Unrealized @ Report Date +30.5%

AMT American Tower Corp. 2.4%

Value $46.72M Shares 499,034 Share Price $93.63 * Est. Cost/Share $59.51 Unrealized @ Report Date +21.9%

— Retail Opportunity Investmen 2.4%

Value $46.47M Shares 3,161,039 Share Price $14.70 Est. Cost/Share $14.23 Unrealized @ Report Date —

BRX Brixmor Property Group 2.3%

Value $46.2M Shares 2,075,533 Share Price $22.26 Est. Cost/Share $20.77 Unrealized @ Report Date —

— Duke Realty Corporation 2.2%

Value $43.15M Shares 2,511,519 Share Price $17.18 Est. Cost/Share $17.05 Unrealized @ Report Date —

ARE Alexandria Real Estate Equit 2.0%

Value $39.8M Shares 539,612 Share Price $73.75 * Est. Cost/Share $47.53 Unrealized @ Report Date +9.5%

KRC Kilroy Realty 2.0%

Value $39.39M Shares 662,654 Share Price $59.44 Est. Cost/Share $52.45 Unrealized @ Report Date —

AAT American Assets Trust 1.7%

Value $32.62M Shares 989,458 Share Price $32.97 Est. Cost/Share $33.02 Unrealized @ Report Date —

— Chesapeake Lodging Trust 1.5%

Value $29.31M Shares 1,005,499 Share Price $29.15 Est. Cost/Share $22.29 Unrealized @ Report Date —

— CoreSite Realty Corp. 1.5%

Value $29.15M Shares 886,956 Share Price $32.87 Est. Cost/Share $31.28 Unrealized @ Report Date —

— Equity One 1.5%

Value $28.98M Shares 1,339,593 Share Price $21.63 Est. Cost/Share $22.37 Unrealized @ Report Date —

BKD Brookdale Senior Living 1.4%

Value $27.92M Shares 866,666 Share Price $32.22 * Est. Cost/Share $33.30 Unrealized @ Report Date +2.4%

— Healthcare Trust of America 1.2%

Value $24.3M Shares 2,094,726 Share Price $11.60 Est. Cost/Share $11.22 Unrealized @ Report Date —

TRNO Terreno Realty Corp 1.1%

Value $20.82M Shares 1,105,901 Share Price $18.83 Est. Cost/Share $18.26 Unrealized @ Report Date —

ELS Equity Lifestyle Properties 1.0%

Value $19.66M Shares 464,126 Share Price $42.36 Est. Cost/Share $35.52 Unrealized @ Report Date —

BFS Saul Centers, Inc. 0.7%

Value $12.9M Shares 275,988 Share Price $46.74 Est. Cost/Share $44.96 Unrealized @ Report Date —

— Federal Realty Investment Tr 0.6%

Value $12.78M Shares 107,909 Share Price $118.46 Est. Cost/Share $118.11 Unrealized @ Report Date —

CPT Camden Property Trust 0.6%

Value $11.01M Shares 160,700 Share Price $68.53 * Est. Cost/Share $46.40 Unrealized @ Report Date +0.0%

KIM Kimco Realty Corp. 0.5%

Value $9.669M Shares 441,300 Share Price $21.91 * Est. Cost/Share $11.63 Unrealized @ Report Date +14.4%

— Strategic Hotels & Resorts 0.4%

Value $8.756M Shares 751,625 Share Price $11.65 Est. Cost/Share $11.65 Unrealized @ Report Date —

— American Residential Propert 0.4%

Value $8.145M Shares 444,100 Share Price $18.34 Est. Cost/Share $17.58 Unrealized @ Report Date —

DEI Douglas Emmett Inc. 0.1%

Value $1.977M Shares 77,000 Share Price $25.68 Est. Cost/Share $26.99 Unrealized @ Report Date —

AKR Acadia Realty Trust 0.1%

Value $1.785M Shares 64,710 Share Price $27.58 Est. Cost/Share $27.72 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPG	Simon Property Group, Inc.	1,202,412	$198M	10.0%	$164.42 *	$88.92	+8.9%	COM	828806109
EQR	Equity Residential	2,165,122	$133M	6.8%	$61.58 *	$31.69	+16.5%	COM	29476L107
BXP	Boston Properties, Inc.	932,103	$108M	5.5%	$115.76 *	$65.51	+13.4%	COM	101121101
—	Health Care REIT Com	1,702,206	$106M	5.4%	$62.37	$62.37	—	COM	42217K106
PSA	Public Storage	497,449	$82.5M	4.2%	$165.84 *	$97.31	+13.5%	COM	74460D109
ESS	Essex Property Trust, Inc.	452,143	$80.82M	4.1%	$178.75 *	$108.43	+20.6%	COM	297178105
PLD	ProLogis Inc.	2,138,112	$80.61M	4.1%	$37.70 *	$27.88	+3.4%	COM	74340W103
—	General Growth Properties	3,409,426	$80.29M	4.1%	$23.55	$20.02	—	COM	370023103
—	HCP Inc.	2,007,890	$79.73M	4.0%	$39.71	$44.69	—	COM	40414L109
—	SL Green Realty Corp.	655,929	$66.46M	3.4%	$101.32	$90.75	—	COM	78440X101
AVB	AvalonBay Communities, Inc.	436,361	$61.51M	3.1%	$140.97 *	$87.72	+15.8%	COM	053484101
—	Taubman Centers, Inc.	804,814	$58.75M	3.0%	$73.00	$74.18	—	COM	876664103
RLJ	RLJ Lodging Trust	1,860,597	$52.97M	2.7%	$28.47	$24.91	—	COM	74965L101
—	Apartment Investment & Manag	1,612,511	$51.31M	2.6%	$31.82	$30.43	—	COM	03748R101
MAR	Marriott International-CL A	710,786	$49.68M	2.5%	$69.90 *	$36.65	+65.3%	COM	571903202
—	Cousins Properties, Inc.	4,037,152	$48.24M	2.4%	$11.95	$10.58	—	COM	222795106
—	Starwood Hotels & Resorts Wo	578,423	$48.13M	2.4%	$83.21	$81.32	—	COM	85590A401
EXR	Extra Space Storage, Inc	907,968	$46.82M	2.4%	$51.57 *	$26.60	+30.5%	COM	30225T102
AMT	American Tower Corp.	499,034	$46.72M	2.4%	$93.63 *	$59.51	+21.9%	COM	03027X100
—	Retail Opportunity Investmen	3,161,039	$46.47M	2.4%	$14.70	$14.23	—	COM	76131N101
BRX	Brixmor Property Group	2,075,533	$46.2M	2.3%	$22.26	$20.77	—	COM	11120U105
—	Duke Realty Corporation	2,511,519	$43.15M	2.2%	$17.18	$17.05	—	COM	264411505
ARE	Alexandria Real Estate Equit	539,612	$39.8M	2.0%	$73.75 *	$47.53	+9.5%	COM	015271109
KRC	Kilroy Realty	662,654	$39.39M	2.0%	$59.44	$52.45	—	COM	49427F108
AAT	American Assets Trust	989,458	$32.62M	1.7%	$32.97	$33.02	—	COM	024013104
—	Chesapeake Lodging Trust	1,005,499	$29.31M	1.5%	$29.15	$22.29	—	COM	165240102
—	CoreSite Realty Corp.	886,956	$29.15M	1.5%	$32.87	$31.28	—	COM	21870Q105
—	Equity One	1,339,593	$28.98M	1.5%	$21.63	$22.37	—	COM	294752100
BKD	Brookdale Senior Living	866,666	$27.92M	1.4%	$32.22 *	$33.30	+2.4%	COM	112463104
—	Healthcare Trust of America	2,094,726	$24.3M	1.2%	$11.60	$11.22	—	COM	42225P105
TRNO	Terreno Realty Corp	1,105,901	$20.82M	1.1%	$18.83	$18.26	—	COM	88146M101
ELS	Equity Lifestyle Properties	464,126	$19.66M	1.0%	$42.36	$35.52	—	COM	29472R108
BFS	Saul Centers, Inc.	275,988	$12.9M	0.7%	$46.74	$44.96	—	COM	804395101
—	Federal Realty Investment Tr	107,909	$12.78M	0.6%	$118.46	$118.11	—	COM	313747206
CPT	Camden Property Trust	160,700	$11.01M	0.6%	$68.53 *	$46.40	+0.0%	COM	133131102
KIM	Kimco Realty Corp.	441,300	$9.669M	0.5%	$21.91 *	$11.63	+14.4%	COM	49446R109
—	Strategic Hotels & Resorts	751,625	$8.756M	0.4%	$11.65	$11.65	—	COM	86272T106
—	American Residential Propert	444,100	$8.145M	0.4%	$18.34	$17.58	—	COM	02927E303
DEI	Douglas Emmett Inc.	77,000	$1.977M	0.1%	$25.68	$26.99	—	COM	25960P109
AKR	Acadia Realty Trust	64,710	$1.785M	0.1%	$27.58	$27.72	—	COM	004239109