Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 14, 2018

Total Value ($000): $1,841,265 (100.0% shares, 0.0% debt)

Holdings (43)

SPG Simon Property Group, Inc. 9.5%

Value ($000) $175,013 Shares 1,019,055 Est. Cost $91.72 Unrealized +14.2%

EQR Equity Residential 5.6%

Value ($000) $103,837 Shares 1,628,296 Est. Cost $34.98 Unrealized +41.0%

WELL Welltower Inc. 5.5%

Value ($000) $101,598 Shares 1,593,192 Est. Cost $46.62 Unrealized +8.1%

PLD ProLogis Inc. 5.2%

Value ($000) $96,558 Shares 1,496,791 Est. Cost $28.93 Unrealized +79.8%

REG Regency Centers Corp. 4.8%

Value ($000) $88,498 Shares 1,279,251 Est. Cost $49.89 Unrealized -4.8%

EQIX Equinix Inc. 4.8%

Value ($000) $88,437 Shares 195,130 Est. Cost $280.47 Unrealized +41.1%

ARE Alexandria Real Estate Equit 4.2%

Value ($000) $76,658 Shares 587,009 Est. Cost $72.44 Unrealized +29.1%

ESS Essex Property Trust, Inc. 4.1%

Value ($000) $75,538 Shares 312,955 Est. Cost $136.84 Unrealized +39.7%

VNO Vornado Realty Trust 4.1%

Value ($000) $75,250 Shares 962,529 Est. Cost $96.86 Unrealized —

KRC Kilroy Realty 3.6%

Value ($000) $65,943 Shares 883,369 Est. Cost $61.92 Unrealized —

PSA Public Storage 3.4%

Value ($000) $62,258 Shares 297,888 Est. Cost $121.37 Unrealized +24.7%

— DCT Industrial Trust 3.4%

Value ($000) $61,762 Shares 1,050,742 Est. Cost $40.31 Unrealized —

CDP Corporate Office Properties 3.2%

Value ($000) $59,346 Shares 2,032,393 Est. Cost $30.77 Unrealized —

— Apartment Investment & Manag 3.2%

Value ($000) $58,470 Shares 1,337,684 Est. Cost $44.05 Unrealized —

DLR Digital Realty Trust 3.2%

Value ($000) $58,009 Shares 509,297 Est. Cost $86.28 Unrealized +2.7%

MAR Marriott International-CL A 2.9%

Value ($000) $53,797 Shares 396,351 Est. Cost $63.32 Unrealized +81.2%

EXR Extra Space Storage, Inc 2.8%

Value ($000) $52,389 Shares 599,078 Est. Cost $37.68 Unrealized +65.2%

— Healthcare Trust of America 2.6%

Value ($000) $48,289 Shares 1,607,504 Est. Cost $29.12 Unrealized —

KIM Kimco Realty Corp. 2.4%

Value ($000) $43,389 Shares 2,390,591 Est. Cost $16.82 Unrealized -25.9%

AMT American Tower Corp. 2.2%

Value ($000) $41,236 Shares 289,035 Est. Cost $67.80 Unrealized +70.7%

HIW Highwoods Properties, Inc. 2.2%

Value ($000) $39,774 Shares 781,254 Est. Cost $50.19 Unrealized —

INVH Invitation Homes Inc 1.9%

Value ($000) $35,362 Shares 1,500,299 Est. Cost $18.66 Unrealized 0.0%

— LaSalle Hotel Properties 1.9%

Value ($000) $35,235 Shares 1,255,261 Est. Cost $28.07 Unrealized —

SUI Sun Communities, Inc. 1.8%

Value ($000) $33,702 Shares 363,252 Est. Cost $75.92 Unrealized —

— General Growth Properties 1.4%

Value ($000) $25,783 Shares 1,102,344 Est. Cost $23.18 Unrealized —

— Retail Opportunity Investmen 1.3%

Value ($000) $23,463 Shares 1,176,067 Est. Cost $19.96 Unrealized —

— American Campus Communities 1.0%

Value ($000) $17,832 Shares 434,617 Est. Cost $41.03 Unrealized —

SHO Sunstone Hotel Investors, In 0.9%

Value ($000) $16,778 Shares 1,014,978 Est. Cost $15.74 Unrealized —

TRNO Terreno Realty Corp 0.8%

Value ($000) $15,618 Shares 445,470 Est. Cost $28.34 Unrealized —

HGV Hilton Grand Vacations 0.8%

Value ($000) $15,601 Shares 371,900 Est. Cost $28.38 Unrealized +43.3%

MAC The Macerich Company 0.8%

Value ($000) $14,303 Shares 217,776 Est. Cost $65.68 Unrealized —

CUBE Cubesmart 0.7%

Value ($000) $13,426 Shares 464,225 Est. Cost $28.92 Unrealized —

BKD Brookdale Senior Living 0.7%

Value ($000) $13,375 Shares 1,378,915 Est. Cost $14.02 Unrealized -27.3%

FCPT Four Corners Property Trust 0.7%

Value ($000) $13,246 Shares 515,426 Est. Cost $20.89 Unrealized —

NNN National Retail Properties, 0.7%

Value ($000) $12,163 Shares 282,014 Est. Cost $48.75 Unrealized —

VTR Ventas, Inc. 0.5%

Value ($000) $9,722 Shares 162,010 Est. Cost $48.34 Unrealized -7.9%

CHCT Community HealthCare Trust 0.4%

Value ($000) $7,087 Shares 252,215 Est. Cost $26.96 Unrealized —

IYR IShares DJ US Real Estate In 0.2%

Value ($000) $3,148 Shares 38,857 Est. Cost $81.02 Unrealized —

HLT Hilton, Inc. 0.2%

Value ($000) $2,951 Shares 36,961 Est. Cost $48.37 Unrealized +48.9%

— Interxion Holdings 0.2%

Value ($000) $2,787 Shares 47,300 Est. Cost $31.42 Unrealized —

BXP Boston Properties Inc. 0.1%

Value ($000) $1,546 Shares 11,887 Est. Cost $73.66 Unrealized +18.4%

— Paramount Group Inc 0.1%

Value ($000) $1,191 Shares 75,125 Est. Cost $15.85 Unrealized —

VNQ Vanguard REIT VIPERs 0.0%

Value ($000) $897 Shares 10,810 Est. Cost $83.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group, Inc.	1,019,055	$175,013	9.5%	$91.72	+14.2%	COM	828806109
EQR	Equity Residential	1,628,296	$103,837	5.6%	$34.98	+41.0%	COM	29476L107
WELL	Welltower Inc.	1,593,192	$101,598	5.5%	$46.62	+8.1%	COM	95040Q104
PLD	ProLogis Inc.	1,496,791	$96,558	5.2%	$28.93	+79.8%	COM	74340W103
REG	Regency Centers Corp.	1,279,251	$88,498	4.8%	$49.89	-4.8%	COM	758849103
EQIX	Equinix Inc.	195,130	$88,437	4.8%	$280.47	+41.1%	COM	29444U700
ARE	Alexandria Real Estate Equit	587,009	$76,658	4.2%	$72.44	+29.1%	COM	015271109
ESS	Essex Property Trust, Inc.	312,955	$75,538	4.1%	$136.84	+39.7%	COM	297178105
VNO	Vornado Realty Trust	962,529	$75,250	4.1%	$96.86	—	COM	929042109
KRC	Kilroy Realty	883,369	$65,943	3.6%	$61.92	—	COM	49427F108
PSA	Public Storage	297,888	$62,258	3.4%	$121.37	+24.7%	COM	74460D109
—	DCT Industrial Trust	1,050,742	$61,762	3.4%	$40.31	—	COM	233153204
CDP	Corporate Office Properties	2,032,393	$59,346	3.2%	$30.77	—	COM	22002T108
—	Apartment Investment & Manag	1,337,684	$58,470	3.2%	$44.05	—	COM	03748R101
DLR	Digital Realty Trust	509,297	$58,009	3.2%	$86.28	+2.7%	COM	253868103
MAR	Marriott International-CL A	396,351	$53,797	2.9%	$63.32	+81.2%	COM	571903202
EXR	Extra Space Storage, Inc	599,078	$52,389	2.8%	$37.68	+65.2%	COM	30225T102
—	Healthcare Trust of America	1,607,504	$48,289	2.6%	$29.12	—	COM	42225P501
KIM	Kimco Realty Corp.	2,390,591	$43,389	2.4%	$16.82	-25.9%	COM	49446R109
AMT	American Tower Corp.	289,035	$41,236	2.2%	$67.80	+70.7%	COM	03027X100
HIW	Highwoods Properties, Inc.	781,254	$39,774	2.2%	$50.19	—	COM	431284108
INVH	Invitation Homes Inc	1,500,299	$35,362	1.9%	$18.66	0.0%	COM	46187W107
—	LaSalle Hotel Properties	1,255,261	$35,235	1.9%	$28.07	—	COM	517942108
SUI	Sun Communities, Inc.	363,252	$33,702	1.8%	$75.92	—	COM	866674104
—	General Growth Properties	1,102,344	$25,783	1.4%	$23.18	—	COM	36174X101
—	Retail Opportunity Investmen	1,176,067	$23,463	1.3%	$19.96	—	COM	76131N101
—	American Campus Communities	434,617	$17,832	1.0%	$41.03	—	COM	024835100
SHO	Sunstone Hotel Investors, In	1,014,978	$16,778	0.9%	$15.74	—	COM	867892101
TRNO	Terreno Realty Corp	445,470	$15,618	0.8%	$28.34	—	COM	88146M101
HGV	Hilton Grand Vacations	371,900	$15,601	0.8%	$28.38	+43.3%	COM	43283X105
MAC	The Macerich Company	217,776	$14,303	0.8%	$65.68	—	COM	554382101
CUBE	Cubesmart	464,225	$13,426	0.7%	$28.92	—	COM	229663109
BKD	Brookdale Senior Living	1,378,915	$13,375	0.7%	$14.02	-27.3%	COM	112463104
FCPT	Four Corners Property Trust	515,426	$13,246	0.7%	$20.89	—	COM	35086T109
NNN	National Retail Properties,	282,014	$12,163	0.7%	$48.75	—	COM	637417106
VTR	Ventas, Inc.	162,010	$9,722	0.5%	$48.34	-7.9%	COM	92276F100
CHCT	Community HealthCare Trust	252,215	$7,087	0.4%	$26.96	—	COM	20369C106
IYR	IShares DJ US Real Estate In	38,857	$3,148	0.2%	$81.02	—	COM	464287739
HLT	Hilton, Inc.	36,961	$2,951	0.2%	$48.37	+48.9%	COM	43300A203
—	Interxion Holdings	47,300	$2,787	0.2%	$31.42	—	COM	N47279109
BXP	Boston Properties Inc.	11,887	$1,546	0.1%	$73.66	+18.4%	COM	101121101
—	Paramount Group Inc	75,125	$1,191	0.1%	$15.85	—	COM	69924R108
VNQ	Vanguard REIT VIPERs	10,810	$897	0.0%	$83.21	—	COM	922908553