Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value ($000): $1,685,974 (100.0% shares, 0.0% debt)

Holdings (39)

SPG Simon Property Group, Inc. 8.9%

Value ($000) $149,689 Shares 969,804 Est. Cost $91.72 Unrealized +13.2%

EQIX Equinix Inc. 6.0%

Value ($000) $101,090 Shares 241,760 Est. Cost $296.11 Unrealized +22.1%

EQR Equity Residential 5.8%

Value ($000) $98,231 Shares 1,594,155 Est. Cost $34.98 Unrealized +26.5%

PLD ProLogis Inc. 5.6%

Value ($000) $95,144 Shares 1,510,466 Est. Cost $28.93 Unrealized +72.4%

WELL Welltower Inc. 5.4%

Value ($000) $90,721 Shares 1,666,738 Est. Cost $46.46 Unrealized -7.5%

ARE Alexandria Real Estate Equit 5.2%

Value ($000) $86,846 Shares 695,376 Est. Cost $75.61 Unrealized +22.7%

ESS Essex Property Trust, Inc. 4.8%

Value ($000) $80,603 Shares 334,896 Est. Cost $139.41 Unrealized +26.2%

REG Regency Centers Corp. 4.3%

Value ($000) $72,763 Shares 1,233,692 Est. Cost $49.89 Unrealized -12.1%

VNO Vornado Realty Trust 3.8%

Value ($000) $64,377 Shares 956,566 Est. Cost $96.86 Unrealized —

— DCT Industrial Trust 3.5%

Value ($000) $59,684 Shares 1,059,364 Est. Cost $40.31 Unrealized —

KRC Kilroy Realty 3.5%

Value ($000) $59,079 Shares 832,565 Est. Cost $61.92 Unrealized —

— Apartment Investment & Manag 3.3%

Value ($000) $55,844 Shares 1,370,421 Est. Cost $43.98 Unrealized —

CDP Corporate Office Properties 3.2%

Value ($000) $53,123 Shares 2,056,648 Est. Cost $30.71 Unrealized —

EXR Extra Space Storage, Inc 2.9%

Value ($000) $49,480 Shares 566,384 Est. Cost $37.68 Unrealized +66.2%

— Healthcare Trust of America 2.9%

Value ($000) $49,303 Shares 1,864,031 Est. Cost $28.75 Unrealized —

MAR Marriott International-CL A 2.5%

Value ($000) $41,735 Shares 306,922 Est. Cost $63.32 Unrealized +107.3%

PSA Public Storage 2.2%

Value ($000) $37,152 Shares 185,394 Est. Cost $121.37 Unrealized +16.1%

INVH Invitation Homes Inc 2.2%

Value ($000) $37,104 Shares 1,625,250 Est. Cost $18.61 Unrealized -3.5%

AMT American Tower Corp. 2.2%

Value ($000) $36,577 Shares 251,670 Est. Cost $67.80 Unrealized +69.3%

KIM Kimco Realty Corp. 2.1%

Value ($000) $34,883 Shares 2,422,456 Est. Cost $16.73 Unrealized -37.8%

SUI Sun Communities, Inc. 1.8%

Value ($000) $30,501 Shares 333,819 Est. Cost $75.92 Unrealized —

HIW Highwoods Properties, Inc. 1.8%

Value ($000) $30,420 Shares 694,189 Est. Cost $50.19 Unrealized —

— General Growth Properties 1.8%

Value ($000) $29,719 Shares 1,452,543 Est. Cost $22.52 Unrealized —

DLR Digital Realty Trust 1.7%

Value ($000) $29,079 Shares 275,944 Est. Cost $86.28 Unrealized -7.2%

CUBE Cubesmart 1.5%

Value ($000) $24,802 Shares 879,503 Est. Cost $28.58 Unrealized —

HGV Hilton Grand Vacations 1.4%

Value ($000) $23,913 Shares 555,848 Est. Cost $33.49 Unrealized +30.8%

SHO Sunstone Hotel Investors, In 1.4%

Value ($000) $23,795 Shares 1,563,373 Est. Cost $15.56 Unrealized —

— LaSalle Hotel Properties 1.3%

Value ($000) $21,718 Shares 748,624 Est. Cost $28.07 Unrealized —

VICI Vici Properties 1.3%

Value ($000) $21,602 Shares 1,179,139 Est. Cost $13.09 Unrealized 0.0%

— Retail Opportunity Investmen 1.2%

Value ($000) $20,617 Shares 1,166,731 Est. Cost $19.96 Unrealized —

— American Campus Communities 1.1%

Value ($000) $18,648 Shares 482,869 Est. Cost $40.79 Unrealized —

TRNO Terreno Realty Corp 1.0%

Value ($000) $16,697 Shares 483,830 Est. Cost $28.83 Unrealized —

FCPT Four Corners Property Trust 0.7%

Value ($000) $11,517 Shares 498,760 Est. Cost $20.89 Unrealized —

NNN National Retail Properties, 0.6%

Value ($000) $10,035 Shares 255,614 Est. Cost $48.75 Unrealized —

HLT Hilton, Inc. 0.5%

Value ($000) $8,765 Shares 111,280 Est. Cost $69.42 Unrealized +15.1%

VTR Ventas, Inc. 0.3%

Value ($000) $5,251 Shares 106,025 Est. Cost $48.34 Unrealized -22.6%

— Interxion Holdings 0.2%

Value ($000) $2,837 Shares 45,685 Est. Cost $31.42 Unrealized —

BXP Boston Properties Inc. 0.1%

Value ($000) $1,494 Shares 12,122 Est. Cost $73.89 Unrealized +15.2%

— CoreSite Realty Corp. 0.1%

Value ($000) $1,136 Shares 11,330 Est. Cost $100.26 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group, Inc.	969,804	$149,689	8.9%	$91.72	+13.2%	COM	828806109
EQIX	Equinix Inc.	241,760	$101,090	6.0%	$296.11	+22.1%	COM	29444U700
EQR	Equity Residential	1,594,155	$98,231	5.8%	$34.98	+26.5%	COM	29476L107
PLD	ProLogis Inc.	1,510,466	$95,144	5.6%	$28.93	+72.4%	COM	74340W103
WELL	Welltower Inc.	1,666,738	$90,721	5.4%	$46.46	-7.5%	COM	95040Q104
ARE	Alexandria Real Estate Equit	695,376	$86,846	5.2%	$75.61	+22.7%	COM	015271109
ESS	Essex Property Trust, Inc.	334,896	$80,603	4.8%	$139.41	+26.2%	COM	297178105
REG	Regency Centers Corp.	1,233,692	$72,763	4.3%	$49.89	-12.1%	COM	758849103
VNO	Vornado Realty Trust	956,566	$64,377	3.8%	$96.86	—	COM	929042109
—	DCT Industrial Trust	1,059,364	$59,684	3.5%	$40.31	—	COM	233153204
KRC	Kilroy Realty	832,565	$59,079	3.5%	$61.92	—	COM	49427F108
—	Apartment Investment & Manag	1,370,421	$55,844	3.3%	$43.98	—	COM	03748R101
CDP	Corporate Office Properties	2,056,648	$53,123	3.2%	$30.71	—	COM	22002T108
EXR	Extra Space Storage, Inc	566,384	$49,480	2.9%	$37.68	+66.2%	COM	30225T102
—	Healthcare Trust of America	1,864,031	$49,303	2.9%	$28.75	—	COM	42225P501
MAR	Marriott International-CL A	306,922	$41,735	2.5%	$63.32	+107.3%	COM	571903202
PSA	Public Storage	185,394	$37,152	2.2%	$121.37	+16.1%	COM	74460D109
INVH	Invitation Homes Inc	1,625,250	$37,104	2.2%	$18.61	-3.5%	COM	46187W107
AMT	American Tower Corp.	251,670	$36,577	2.2%	$67.80	+69.3%	COM	03027X100
KIM	Kimco Realty Corp.	2,422,456	$34,883	2.1%	$16.73	-37.8%	COM	49446R109
SUI	Sun Communities, Inc.	333,819	$30,501	1.8%	$75.92	—	COM	866674104
HIW	Highwoods Properties, Inc.	694,189	$30,420	1.8%	$50.19	—	COM	431284108
—	General Growth Properties	1,452,543	$29,719	1.8%	$22.52	—	COM	36174X101
DLR	Digital Realty Trust	275,944	$29,079	1.7%	$86.28	-7.2%	COM	253868103
CUBE	Cubesmart	879,503	$24,802	1.5%	$28.58	—	COM	229663109
HGV	Hilton Grand Vacations	555,848	$23,913	1.4%	$33.49	+30.8%	COM	43283X105
SHO	Sunstone Hotel Investors, In	1,563,373	$23,795	1.4%	$15.56	—	COM	867892101
—	LaSalle Hotel Properties	748,624	$21,718	1.3%	$28.07	—	COM	517942108
VICI	Vici Properties	1,179,139	$21,602	1.3%	$13.09	0.0%	COM	925652109
—	Retail Opportunity Investmen	1,166,731	$20,617	1.2%	$19.96	—	COM	76131N101
—	American Campus Communities	482,869	$18,648	1.1%	$40.79	—	COM	024835100
TRNO	Terreno Realty Corp	483,830	$16,697	1.0%	$28.83	—	COM	88146M101
FCPT	Four Corners Property Trust	498,760	$11,517	0.7%	$20.89	—	COM	35086T109
NNN	National Retail Properties,	255,614	$10,035	0.6%	$48.75	—	COM	637417106
HLT	Hilton, Inc.	111,280	$8,765	0.5%	$69.42	+15.1%	COM	43300A203
VTR	Ventas, Inc.	106,025	$5,251	0.3%	$48.34	-22.6%	COM	92276F100
—	Interxion Holdings	45,685	$2,837	0.2%	$31.42	—	COM	N47279109
BXP	Boston Properties Inc.	12,122	$1,494	0.1%	$73.89	+15.2%	COM	101121101
—	CoreSite Realty Corp.	11,330	$1,136	0.1%	$100.26	—	COM	21870Q105