Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 14, 2017

Total Value ($000): $2,017,029 (100.0% shares, 0.0% debt)

Holdings (43)

SPG Simon Property Group, Inc. 10.9%

Value ($000) $219,353 Shares 1,234,606 Est. Cost $91.72 Unrealized +25.2%

PSA Public Storage 6.3%

Value ($000) $126,704 Shares 566,909 Est. Cost $120.41 Unrealized +21.9%

EQR Equity Residential 5.6%

Value ($000) $113,531 Shares 1,763,998 Est. Cost $33.84 Unrealized +30.2%

WELL Welltower Inc. 5.3%

Value ($000) $107,401 Shares 1,604,684 Est. Cost $44.80 Unrealized +5.5%

PLD ProLogis Inc. 4.9%

Value ($000) $98,841 Shares 1,872,333 Est. Cost $28.40 Unrealized +38.2%

— Apartment Investment & Manag 4.7%

Value ($000) $94,683 Shares 2,083,229 Est. Cost $44.05 Unrealized —

ESS Essex Property Trust, Inc. 4.3%

Value ($000) $86,216 Shares 370,821 Est. Cost $122.39 Unrealized +30.1%

KRC Kilroy Realty 3.9%

Value ($000) $79,518 Shares 1,086,005 Est. Cost $61.20 Unrealized —

REG Regency Centers Corp. 3.9%

Value ($000) $78,129 Shares 1,133,124 Est. Cost $50.35 Unrealized -3.6%

KIM Kimco Realty Corp. 3.4%

Value ($000) $68,021 Shares 2,703,556 Est. Cost $17.62 Unrealized -5.5%

BXP Boston Properties, Inc. 3.0%

Value ($000) $60,245 Shares 478,971 Est. Cost $73.66 Unrealized +14.6%

EXR Extra Space Storage, Inc 2.9%

Value ($000) $58,167 Shares 753,070 Est. Cost $34.64 Unrealized +50.5%

HLT Hilton Worldwide Holdings 2.6%

Value ($000) $53,041 Shares 1,950,023 Est. Cost $48.37 Unrealized 0.0%

— Healthcare Trust of America 2.6%

Value ($000) $52,438 Shares 1,801,350 Est. Cost $28.95 Unrealized —

— DCT Industrial Trust 2.5%

Value ($000) $50,907 Shares 1,063,225 Est. Cost $39.50 Unrealized —

EQIX Equinix Inc. 2.5%

Value ($000) $50,475 Shares 141,223 Est. Cost $215.31 Unrealized +36.2%

— General Growth Properties 2.4%

Value ($000) $49,262 Shares 1,972,068 Est. Cost $21.95 Unrealized —

— Dupont Fabros Technology 2.4%

Value ($000) $48,749 Shares 1,109,703 Est. Cost $42.29 Unrealized —

VNO Vornado Realty Trust 2.2%

Value ($000) $43,780 Shares 419,474 Est. Cost $104.37 Unrealized —

AMT American Tower Corp. 2.1%

Value ($000) $42,940 Shares 406,322 Est. Cost $67.80 Unrealized +27.3%

MAR Marriott International-CL A 1.7%

Value ($000) $33,722 Shares 407,857 Est. Cost $46.82 Unrealized +48.2%

SUI Sun Communities, Inc. 1.7%

Value ($000) $33,513 Shares 437,438 Est. Cost $75.92 Unrealized —

HIW Highwoods Properties, Inc. 1.6%

Value ($000) $32,903 Shares 645,024 Est. Cost $50.21 Unrealized —

VTR Ventas, Inc. 1.6%

Value ($000) $32,602 Shares 521,460 Est. Cost $48.34 Unrealized -11.9%

— Chesapeake Lodging Trust 1.5%

Value ($000) $31,101 Shares 1,202,653 Est. Cost $26.67 Unrealized —

— Retail Opportunity Investmen 1.4%

Value ($000) $28,502 Shares 1,348,885 Est. Cost $20.04 Unrealized —

ARE Alexandria Real Estate Equit 1.3%

Value ($000) $25,275 Shares 227,439 Est. Cost $51.39 Unrealized +50.6%

— DDR Corp. 1.2%

Value ($000) $24,751 Shares 1,620,937 Est. Cost $16.58 Unrealized —

AAT American Assets Trust 1.2%

Value ($000) $24,225 Shares 562,322 Est. Cost $35.13 Unrealized —

— SL Green Realty Corp. 1.2%

Value ($000) $24,077 Shares 223,870 Est. Cost $108.25 Unrealized —

O Realty Income 1.2%

Value ($000) $23,818 Shares 414,365 Est. Cost $37.37 Unrealized -2.7%

— Colony Starwood Homes 1.1%

Value ($000) $21,315 Shares 739,853 Est. Cost $28.79 Unrealized —

— Duke Realty Corporation 1.0%

Value ($000) $19,551 Shares 736,115 Est. Cost $25.93 Unrealized —

CDP Corporate Office Properties 0.8%

Value ($000) $16,493 Shares 528,300 Est. Cost $31.22 Unrealized —

NNN National Retail Properties, 0.8%

Value ($000) $16,450 Shares 372,189 Est. Cost $48.95 Unrealized —

FCPT Four Corners Property Trust 0.8%

Value ($000) $16,269 Shares 792,824 Est. Cost $20.59 Unrealized —

OHI Omega Healthcare Investors 0.5%

Value ($000) $10,743 Shares 343,671 Est. Cost $35.45 Unrealized —

SHO Sunstone Hotel Investors, In 0.5%

Value ($000) $10,059 Shares 659,638 Est. Cost $15.25 Unrealized —

— Paramount Group Inc 0.2%

Value ($000) $4,542 Shares 284,079 Est. Cost $18.35 Unrealized —

— Interxion Holdings 0.1%

Value ($000) $1,991 Shares 56,765 Est. Cost $31.42 Unrealized —

IYR Ishares Trust DJ US Real Est 0.1%

Value ($000) $1,078 Shares 14,010 Est. Cost $76.95 Unrealized —

HGV Hilton Grand Vacations 0.1%

Value ($000) $1,078 Shares 41,449 Est. Cost $26.01 Unrealized —

VNQ Vanguard REIT VIPERs 0.0%

Value ($000) $570 Shares 6,905 Est. Cost $83.83 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group, Inc.	1,234,606	$219,353	10.9%	$91.72	+25.2%	COM	828806109
PSA	Public Storage	566,909	$126,704	6.3%	$120.41	+21.9%	COM	74460D109
EQR	Equity Residential	1,763,998	$113,531	5.6%	$33.84	+30.2%	COM	29476L107
WELL	Welltower Inc.	1,604,684	$107,401	5.3%	$44.80	+5.5%	COM	95040Q104
PLD	ProLogis Inc.	1,872,333	$98,841	4.9%	$28.40	+38.2%	COM	74340W103
—	Apartment Investment & Manag	2,083,229	$94,683	4.7%	$44.05	—	COM	03748R101
ESS	Essex Property Trust, Inc.	370,821	$86,216	4.3%	$122.39	+30.1%	COM	297178105
KRC	Kilroy Realty	1,086,005	$79,518	3.9%	$61.20	—	COM	49427F108
REG	Regency Centers Corp.	1,133,124	$78,129	3.9%	$50.35	-3.6%	COM	758849103
KIM	Kimco Realty Corp.	2,703,556	$68,021	3.4%	$17.62	-5.5%	COM	49446R109
BXP	Boston Properties, Inc.	478,971	$60,245	3.0%	$73.66	+14.6%	COM	101121101
EXR	Extra Space Storage, Inc	753,070	$58,167	2.9%	$34.64	+50.5%	COM	30225T102
HLT	Hilton Worldwide Holdings	1,950,023	$53,041	2.6%	$48.37	0.0%	COM	43300A203
—	Healthcare Trust of America	1,801,350	$52,438	2.6%	$28.95	—	COM	42225P501
—	DCT Industrial Trust	1,063,225	$50,907	2.5%	$39.50	—	COM	233153204
EQIX	Equinix Inc.	141,223	$50,475	2.5%	$215.31	+36.2%	COM	29444U700
—	General Growth Properties	1,972,068	$49,262	2.4%	$21.95	—	COM	370023103
—	Dupont Fabros Technology	1,109,703	$48,749	2.4%	$42.29	—	COM	26613Q106
VNO	Vornado Realty Trust	419,474	$43,780	2.2%	$104.37	—	COM	929042109
AMT	American Tower Corp.	406,322	$42,940	2.1%	$67.80	+27.3%	COM	03027X100
MAR	Marriott International-CL A	407,857	$33,722	1.7%	$46.82	+48.2%	COM	571903202
SUI	Sun Communities, Inc.	437,438	$33,513	1.7%	$75.92	—	COM	866674104
HIW	Highwoods Properties, Inc.	645,024	$32,903	1.6%	$50.21	—	COM	431284108
VTR	Ventas, Inc.	521,460	$32,602	1.6%	$48.34	-11.9%	COM	92276F100
—	Chesapeake Lodging Trust	1,202,653	$31,101	1.5%	$26.67	—	COM	165240102
—	Retail Opportunity Investmen	1,348,885	$28,502	1.4%	$20.04	—	COM	76131N101
ARE	Alexandria Real Estate Equit	227,439	$25,275	1.3%	$51.39	+50.6%	COM	015271109
—	DDR Corp.	1,620,937	$24,751	1.2%	$16.58	—	COM	23317H102
AAT	American Assets Trust	562,322	$24,225	1.2%	$35.13	—	COM	024013104
—	SL Green Realty Corp.	223,870	$24,077	1.2%	$108.25	—	COM	78440X101
O	Realty Income	414,365	$23,818	1.2%	$37.37	-2.7%	COM	756109104
—	Colony Starwood Homes	739,853	$21,315	1.1%	$28.79	—	COM	19625X102
—	Duke Realty Corporation	736,115	$19,551	1.0%	$25.93	—	COM	264411505
CDP	Corporate Office Properties	528,300	$16,493	0.8%	$31.22	—	COM	22002T108
NNN	National Retail Properties,	372,189	$16,450	0.8%	$48.95	—	COM	637417106
FCPT	Four Corners Property Trust	792,824	$16,269	0.8%	$20.59	—	COM	35086T109
OHI	Omega Healthcare Investors	343,671	$10,743	0.5%	$35.45	—	COM	681936100
SHO	Sunstone Hotel Investors, In	659,638	$10,059	0.5%	$15.25	—	COM	867892101
—	Paramount Group Inc	284,079	$4,542	0.2%	$18.35	—	COM	69924R108
—	Interxion Holdings	56,765	$1,991	0.1%	$31.42	—	COM	N47279109
IYR	Ishares Trust DJ US Real Est	14,010	$1,078	0.1%	$76.95	—	COM	464287739
HGV	Hilton Grand Vacations	41,449	$1,078	0.1%	$26.01	—	COM	43283X105
VNQ	Vanguard REIT VIPERs	6,905	$570	0.0%	$83.83	—	COM	922908553