Adelante Capital Management LLC Concentrated Active

Location: Alameda, CA

CIK: 0001067926 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value: $1.686B (100.0% shares, 0.0% debt)

Holdings (39)

SPG Simon Property Group, Inc. 8.9%

Value $150M Shares 969,804 Share Price $154.35 * Est. Cost/Share $91.72 Unrealized @ Report Date +13.2%

EQIX Equinix Inc. 6.0%

Value $101M Shares 241,760 Share Price $418.14 * Est. Cost/Share $296.11 Unrealized @ Report Date +22.1%

EQR Equity Residential 5.8%

Value $98.23M Shares 1,594,155 Share Price $61.62 * Est. Cost/Share $34.98 Unrealized @ Report Date +26.5%

PLD ProLogis Inc. 5.6%

Value $95.14M Shares 1,510,466 Share Price $62.99 * Est. Cost/Share $28.93 Unrealized @ Report Date +72.4%

WELL Welltower Inc. 5.4%

Value $90.72M Shares 1,666,738 Share Price $54.43 * Est. Cost/Share $46.46 Unrealized @ Report Date -7.5%

ARE Alexandria Real Estate Equit 5.2%

Value $86.85M Shares 695,376 Share Price $124.89 * Est. Cost/Share $75.61 Unrealized @ Report Date +22.7%

ESS Essex Property Trust, Inc. 4.8%

Value $80.6M Shares 334,896 Share Price $240.68 * Est. Cost/Share $139.41 Unrealized @ Report Date +26.2%

REG Regency Centers Corp. 4.3%

Value $72.76M Shares 1,233,692 Share Price $58.98 * Est. Cost/Share $49.89 Unrealized @ Report Date -12.1%

VNO Vornado Realty Trust 3.8%

Value $64.38M Shares 956,566 Share Price $67.30 Est. Cost/Share $96.86 Unrealized @ Report Date —

— DCT Industrial Trust 3.5%

Value $59.68M Shares 1,059,364 Share Price $56.34 Est. Cost/Share $40.31 Unrealized @ Report Date —

KRC Kilroy Realty 3.5%

Value $59.08M Shares 832,565 Share Price $70.96 Est. Cost/Share $61.92 Unrealized @ Report Date —

— Apartment Investment & Manag 3.3%

Value $55.84M Shares 1,370,421 Share Price $40.75 Est. Cost/Share $43.98 Unrealized @ Report Date —

CDP Corporate Office Properties 3.2%

Value $53.12M Shares 2,056,648 Share Price $25.83 Est. Cost/Share $30.71 Unrealized @ Report Date —

EXR Extra Space Storage, Inc 2.9%

Value $49.48M Shares 566,384 Share Price $87.36 * Est. Cost/Share $37.68 Unrealized @ Report Date +66.2%

— Healthcare Trust of America 2.9%

Value $49.3M Shares 1,864,031 Share Price $26.45 Est. Cost/Share $28.75 Unrealized @ Report Date —

MAR Marriott International-CL A 2.5%

Value $41.73M Shares 306,922 Share Price $135.98 * Est. Cost/Share $63.32 Unrealized @ Report Date +107.3%

PSA Public Storage 2.2%

Value $37.15M Shares 185,394 Share Price $200.39 * Est. Cost/Share $121.37 Unrealized @ Report Date +16.1%

INVH Invitation Homes Inc 2.2%

Value $37.1M Shares 1,625,250 Share Price $22.83 * Est. Cost/Share $18.61 Unrealized @ Report Date -3.5%

AMT American Tower Corp. 2.2%

Value $36.58M Shares 251,670 Share Price $145.34 * Est. Cost/Share $67.80 Unrealized @ Report Date +69.3%

KIM Kimco Realty Corp. 2.1%

Value $34.88M Shares 2,422,456 Share Price $14.40 * Est. Cost/Share $16.73 Unrealized @ Report Date -37.8%

SUI Sun Communities, Inc. 1.8%

Value $30.5M Shares 333,819 Share Price $91.37 Est. Cost/Share $75.92 Unrealized @ Report Date —

HIW Highwoods Properties, Inc. 1.8%

Value $30.42M Shares 694,189 Share Price $43.82 Est. Cost/Share $50.19 Unrealized @ Report Date —

— General Growth Properties 1.8%

Value $29.72M Shares 1,452,543 Share Price $20.46 Est. Cost/Share $22.52 Unrealized @ Report Date —

DLR Digital Realty Trust 1.7%

Value $29.08M Shares 275,944 Share Price $105.38 * Est. Cost/Share $86.28 Unrealized @ Report Date -7.2%

CUBE Cubesmart 1.5%

Value $24.8M Shares 879,503 Share Price $28.20 Est. Cost/Share $28.58 Unrealized @ Report Date —

HGV Hilton Grand Vacations 1.4%

Value $23.91M Shares 555,848 Share Price $43.02 Est. Cost/Share $33.49 Unrealized @ Report Date +30.8%

SHO Sunstone Hotel Investors, In 1.4%

Value $23.8M Shares 1,563,373 Share Price $15.22 Est. Cost/Share $15.56 Unrealized @ Report Date —

— LaSalle Hotel Properties 1.3%

Value $21.72M Shares 748,624 Share Price $29.01 Est. Cost/Share $28.07 Unrealized @ Report Date —

VICI Vici Properties 1.3%

Value $21.6M Shares 1,179,139 Share Price $18.32 * Est. Cost/Share $13.09 Unrealized @ Report Date 0.0%

— Retail Opportunity Investmen 1.2%

Value $20.62M Shares 1,166,731 Share Price $17.67 Est. Cost/Share $19.96 Unrealized @ Report Date —

— American Campus Communities 1.1%

Value $18.65M Shares 482,869 Share Price $38.62 Est. Cost/Share $40.79 Unrealized @ Report Date —

TRNO Terreno Realty Corp 1.0%

Value $16.7M Shares 483,830 Share Price $34.51 Est. Cost/Share $28.83 Unrealized @ Report Date —

FCPT Four Corners Property Trust 0.7%

Value $11.52M Shares 498,760 Share Price $23.09 Est. Cost/Share $20.89 Unrealized @ Report Date —

NNN National Retail Properties, 0.6%

Value $10.04M Shares 255,614 Share Price $39.26 Est. Cost/Share $48.75 Unrealized @ Report Date —

HLT Hilton, Inc. 0.5%

Value $8.765M Shares 111,280 Share Price $78.77 Est. Cost/Share $69.42 Unrealized @ Report Date +15.1%

VTR Ventas, Inc. 0.3%

Value $5.251M Shares 106,025 Share Price $49.53 * Est. Cost/Share $48.34 Unrealized @ Report Date -22.6%

— Interxion Holdings 0.2%

Value $2.837M Shares 45,685 Share Price $62.10 Est. Cost/Share $31.42 Unrealized @ Report Date —

BXP Boston Properties Inc. 0.1%

Value $1.494M Shares 12,122 Share Price $123.25 * Est. Cost/Share $73.89 Unrealized @ Report Date +15.2%

— CoreSite Realty Corp. 0.1%

Value $1.136M Shares 11,330 Share Price $100.26 Est. Cost/Share $100.26 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPG	Simon Property Group, Inc.	969,804	$150M	8.9%	$154.35 *	$91.72	+13.2%	COM	828806109
EQIX	Equinix Inc.	241,760	$101M	6.0%	$418.14 *	$296.11	+22.1%	COM	29444U700
EQR	Equity Residential	1,594,155	$98.23M	5.8%	$61.62 *	$34.98	+26.5%	COM	29476L107
PLD	ProLogis Inc.	1,510,466	$95.14M	5.6%	$62.99 *	$28.93	+72.4%	COM	74340W103
WELL	Welltower Inc.	1,666,738	$90.72M	5.4%	$54.43 *	$46.46	-7.5%	COM	95040Q104
ARE	Alexandria Real Estate Equit	695,376	$86.85M	5.2%	$124.89 *	$75.61	+22.7%	COM	015271109
ESS	Essex Property Trust, Inc.	334,896	$80.6M	4.8%	$240.68 *	$139.41	+26.2%	COM	297178105
REG	Regency Centers Corp.	1,233,692	$72.76M	4.3%	$58.98 *	$49.89	-12.1%	COM	758849103
VNO	Vornado Realty Trust	956,566	$64.38M	3.8%	$67.30	$96.86	—	COM	929042109
—	DCT Industrial Trust	1,059,364	$59.68M	3.5%	$56.34	$40.31	—	COM	233153204
KRC	Kilroy Realty	832,565	$59.08M	3.5%	$70.96	$61.92	—	COM	49427F108
—	Apartment Investment & Manag	1,370,421	$55.84M	3.3%	$40.75	$43.98	—	COM	03748R101
CDP	Corporate Office Properties	2,056,648	$53.12M	3.2%	$25.83	$30.71	—	COM	22002T108
EXR	Extra Space Storage, Inc	566,384	$49.48M	2.9%	$87.36 *	$37.68	+66.2%	COM	30225T102
—	Healthcare Trust of America	1,864,031	$49.3M	2.9%	$26.45	$28.75	—	COM	42225P501
MAR	Marriott International-CL A	306,922	$41.73M	2.5%	$135.98 *	$63.32	+107.3%	COM	571903202
PSA	Public Storage	185,394	$37.15M	2.2%	$200.39 *	$121.37	+16.1%	COM	74460D109
INVH	Invitation Homes Inc	1,625,250	$37.1M	2.2%	$22.83 *	$18.61	-3.5%	COM	46187W107
AMT	American Tower Corp.	251,670	$36.58M	2.2%	$145.34 *	$67.80	+69.3%	COM	03027X100
KIM	Kimco Realty Corp.	2,422,456	$34.88M	2.1%	$14.40 *	$16.73	-37.8%	COM	49446R109
SUI	Sun Communities, Inc.	333,819	$30.5M	1.8%	$91.37	$75.92	—	COM	866674104
HIW	Highwoods Properties, Inc.	694,189	$30.42M	1.8%	$43.82	$50.19	—	COM	431284108
—	General Growth Properties	1,452,543	$29.72M	1.8%	$20.46	$22.52	—	COM	36174X101
DLR	Digital Realty Trust	275,944	$29.08M	1.7%	$105.38 *	$86.28	-7.2%	COM	253868103
CUBE	Cubesmart	879,503	$24.8M	1.5%	$28.20	$28.58	—	COM	229663109
HGV	Hilton Grand Vacations	555,848	$23.91M	1.4%	$43.02	$33.49	+30.8%	COM	43283X105
SHO	Sunstone Hotel Investors, In	1,563,373	$23.8M	1.4%	$15.22	$15.56	—	COM	867892101
—	LaSalle Hotel Properties	748,624	$21.72M	1.3%	$29.01	$28.07	—	COM	517942108
VICI	Vici Properties	1,179,139	$21.6M	1.3%	$18.32 *	$13.09	0.0%	COM	925652109
—	Retail Opportunity Investmen	1,166,731	$20.62M	1.2%	$17.67	$19.96	—	COM	76131N101
—	American Campus Communities	482,869	$18.65M	1.1%	$38.62	$40.79	—	COM	024835100
TRNO	Terreno Realty Corp	483,830	$16.7M	1.0%	$34.51	$28.83	—	COM	88146M101
FCPT	Four Corners Property Trust	498,760	$11.52M	0.7%	$23.09	$20.89	—	COM	35086T109
NNN	National Retail Properties,	255,614	$10.04M	0.6%	$39.26	$48.75	—	COM	637417106
HLT	Hilton, Inc.	111,280	$8.765M	0.5%	$78.77	$69.42	+15.1%	COM	43300A203
VTR	Ventas, Inc.	106,025	$5.251M	0.3%	$49.53 *	$48.34	-22.6%	COM	92276F100
—	Interxion Holdings	45,685	$2.837M	0.2%	$62.10	$31.42	—	COM	N47279109
BXP	Boston Properties Inc.	12,122	$1.494M	0.1%	$123.25 *	$73.89	+15.2%	COM	101121101
—	CoreSite Realty Corp.	11,330	$1.136M	0.1%	$100.26	$100.26	—	COM	21870Q105