Adelante Capital Management LLC Concentrated Active

Location: Alameda, CA

CIK: 0001067926 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 14, 2019

Total Value: $1.771B (100.0% shares, 0.0% debt)

Holdings (45)

SPG Simon Property Group, Inc. 9.4%

Value $167M Shares 993,429 Est. Cost $95.11 Unrealized +27.1%

PLD ProLogis Inc. 7.1%

Value $126M Shares 2,137,999 Est. Cost $37.83 Unrealized +40.4%

EQR Equity Residential 6.1%

Value $108M Shares 1,641,067 Est. Cost $37.95 Unrealized +35.3%

EQIX Equinix Inc. 5.5%

Value $97.35M Shares 276,128 Est. Cost $303.47 Unrealized +12.3%

ARE Alexandria Real Estate Equit 4.8%

Value $85M Shares 737,631 Est. Cost $77.19 Unrealized +20.9%

VTR Ventas, Inc. 4.6%

Value $82.32M Shares 1,405,088 Est. Cost $40.66 Unrealized +8.2%

ESS Essex Property Trust, Inc. 4.6%

Value $81.92M Shares 334,085 Est. Cost $145.49 Unrealized +35.4%

EXR Extra Space Storage, Inc 4.4%

Value $78.08M Shares 863,006 Est. Cost $51.84 Unrealized +34.2%

BXP Boston Properties, Inc. 3.8%

Value $67.15M Shares 596,593 Est. Cost $86.59 Unrealized 0.0%

REG Regency Centers Corp. 3.5%

Value $62.36M Shares 1,062,714 Est. Cost $49.89 Unrealized -6.4%

KRC Kilroy Realty 3.4%

Value $60.92M Shares 968,895 Est. Cost $62.39 Unrealized —

KIM Kimco Realty Corp. 2.9%

Value $51.93M Shares 3,544,728 Est. Cost $14.48 Unrealized -22.7%

MAR Marriott International-CL A 2.8%

Value $49.75M Shares 458,312 Est. Cost $93.31 Unrealized +16.3%

CPT Camden Property Trust 2.7%

Value $48.2M Shares 547,380 Est. Cost $71.99 Unrealized 0.0%

CUBE Cubesmart 2.4%

Value $42.06M Shares 1,466,052 Est. Cost $28.60 Unrealized —

— Healthcare Trust of America 2.3%

Value $41.53M Shares 1,640,715 Est. Cost $28.75 Unrealized —

AMT American Tower Corp. 2.2%

Value $38.88M Shares 245,812 Est. Cost $72.37 Unrealized +78.9%

SUI Sun Communities, Inc. 2.2%

Value $38.37M Shares 377,217 Est. Cost $80.41 Unrealized —

INVH Invitation Homes Inc 2.1%

Value $37.76M Shares 1,880,402 Est. Cost $18.39 Unrealized -4.5%

WELL Welltower Inc. 1.9%

Value $34.12M Shares 491,553 Est. Cost $46.46 Unrealized +16.5%

— Duke Realty Corporation 1.9%

Value $33.9M Shares 1,308,760 Est. Cost $27.83 Unrealized —

COLD Americold Realty Trust 1.8%

Value $31.61M Shares 1,237,632 Est. Cost $25.03 Unrealized —

PEB Pebblebrook Hotel Trust 1.7%

Value $30.11M Shares 1,063,477 Est. Cost $34.96 Unrealized —

HIW Highwoods Properties, Inc. 1.6%

Value $29.11M Shares 752,410 Est. Cost $49.92 Unrealized —

DLR Digital Realty Trust 1.5%

Value $26.09M Shares 244,883 Est. Cost $87.51 Unrealized -1.6%

— Apartment Investment & Manag 1.4%

Value $24.92M Shares 568,012 Est. Cost $43.99 Unrealized —

HGV Hilton Grand Vacations 1.3%

Value $22.54M Shares 854,193 Est. Cost $35.19 Unrealized -17.5%

DRH DiamondRock Hospitality 1.3%

Value $22.22M Shares 2,447,430 Est. Cost $11.40 Unrealized —

MAC The Macerich Company 1.0%

Value $17.45M Shares 403,150 Est. Cost $43.28 Unrealized —

TRNO Terreno Realty Corp 1.0%

Value $17.28M Shares 491,339 Est. Cost $29.71 Unrealized —

CDP Corporate Office Properties 0.9%

Value $16.43M Shares 781,190 Est. Cost $30.71 Unrealized —

— CoreSite Realty Corp. 0.9%

Value $15.42M Shares 176,770 Est. Cost $88.32 Unrealized —

JBGS JBG Smith Properties 0.9%

Value $15.19M Shares 436,340 Est. Cost $36.43 Unrealized —

FCPT Four Corners Property Trust 0.7%

Value $13.12M Shares 500,882 Est. Cost $21.93 Unrealized —

— Cushman & Wakefield PLC 0.7%

Value $11.55M Shares 798,350 Est. Cost $14.95 Unrealized —

NNN National Retail Properties, 0.6%

Value $11.08M Shares 228,329 Est. Cost $48.75 Unrealized —

— Retail Opportunity Investmen 0.6%

Value $10.8M Shares 679,910 Est. Cost $19.96 Unrealized —

ALEX Alexander & Baldwin Inc 0.6%

Value $10.77M Shares 586,036 Est. Cost $21.57 Unrealized —

SHO Sunstone Hotel Investors, In 0.4%

Value $6.951M Shares 534,329 Est. Cost $15.75 Unrealized —

— Interxion Holdings 0.1%

Value $2.098M Shares 38,745 Est. Cost $31.42 Unrealized —

HLT Hilton, Inc. 0.1%

Value $1.741M Shares 24,253 Est. Cost $69.95 Unrealized +1.1%

— Hudson Pacific Properties 0.1%

Value $1.156M Shares 39,765 Est. Cost $29.07 Unrealized —

PSA Public Storage 0.0%

Value $769K Shares 3,797 Est. Cost $121.37 Unrealized +25.2%

IYR iShares US Real Estate ETF 0.0%

Value $51,000 Shares 683 Est. Cost $31794.68 Unrealized —

VNO Vornado Realty 0.0%

Value $1,000 Shares 13 Est. Cost $96.21 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group, Inc.	993,429	$167M	9.4%	$95.11	+27.1%	COM	828806109
PLD	ProLogis Inc.	2,137,999	$126M	7.1%	$37.83	+40.4%	COM	74340W103
EQR	Equity Residential	1,641,067	$108M	6.1%	$37.95	+35.3%	COM	29476L107
EQIX	Equinix Inc.	276,128	$97.35M	5.5%	$303.47	+12.3%	COM	29444U700
ARE	Alexandria Real Estate Equit	737,631	$85M	4.8%	$77.19	+20.9%	COM	015271109
VTR	Ventas, Inc.	1,405,088	$82.32M	4.6%	$40.66	+8.2%	COM	92276F100
ESS	Essex Property Trust, Inc.	334,085	$81.92M	4.6%	$145.49	+35.4%	COM	297178105
EXR	Extra Space Storage, Inc	863,006	$78.08M	4.4%	$51.84	+34.2%	COM	30225T102
BXP	Boston Properties, Inc.	596,593	$67.15M	3.8%	$86.59	0.0%	COM	101121101
REG	Regency Centers Corp.	1,062,714	$62.36M	3.5%	$49.89	-6.4%	COM	758849103
KRC	Kilroy Realty	968,895	$60.92M	3.4%	$62.39	—	COM	49427F108
KIM	Kimco Realty Corp.	3,544,728	$51.93M	2.9%	$14.48	-22.7%	COM	49446R109
MAR	Marriott International-CL A	458,312	$49.75M	2.8%	$93.31	+16.3%	COM	571903202
CPT	Camden Property Trust	547,380	$48.2M	2.7%	$71.99	0.0%	COM	133131102
CUBE	Cubesmart	1,466,052	$42.06M	2.4%	$28.60	—	COM	229663109
—	Healthcare Trust of America	1,640,715	$41.53M	2.3%	$28.75	—	COM	42225P501
AMT	American Tower Corp.	245,812	$38.88M	2.2%	$72.37	+78.9%	COM	03027X100
SUI	Sun Communities, Inc.	377,217	$38.37M	2.2%	$80.41	—	COM	866674104
INVH	Invitation Homes Inc	1,880,402	$37.76M	2.1%	$18.39	-4.5%	COM	46187W107
WELL	Welltower Inc.	491,553	$34.12M	1.9%	$46.46	+16.5%	COM	95040Q104
—	Duke Realty Corporation	1,308,760	$33.9M	1.9%	$27.83	—	COM	264411505
COLD	Americold Realty Trust	1,237,632	$31.61M	1.8%	$25.03	—	COM	03064D108
PEB	Pebblebrook Hotel Trust	1,063,477	$30.11M	1.7%	$34.96	—	COM	70509V100
HIW	Highwoods Properties, Inc.	752,410	$29.11M	1.6%	$49.92	—	COM	431284108
DLR	Digital Realty Trust	244,883	$26.09M	1.5%	$87.51	-1.6%	COM	253868103
—	Apartment Investment & Manag	568,012	$24.92M	1.4%	$43.99	—	COM	03748R101
HGV	Hilton Grand Vacations	854,193	$22.54M	1.3%	$35.19	-17.5%	COM	43283X105
DRH	DiamondRock Hospitality	2,447,430	$22.22M	1.3%	$11.40	—	COM	252784301
MAC	The Macerich Company	403,150	$17.45M	1.0%	$43.28	—	COM	554382101
TRNO	Terreno Realty Corp	491,339	$17.28M	1.0%	$29.71	—	COM	88146M101
CDP	Corporate Office Properties	781,190	$16.43M	0.9%	$30.71	—	COM	22002T108
—	CoreSite Realty Corp.	176,770	$15.42M	0.9%	$88.32	—	COM	21870Q105
JBGS	JBG Smith Properties	436,340	$15.19M	0.9%	$36.43	—	COM	46590V100
FCPT	Four Corners Property Trust	500,882	$13.12M	0.7%	$21.93	—	COM	35086T109
—	Cushman & Wakefield PLC	798,350	$11.55M	0.7%	$14.95	—	COM	G2717B108
NNN	National Retail Properties,	228,329	$11.08M	0.6%	$48.75	—	COM	637417106
—	Retail Opportunity Investmen	679,910	$10.8M	0.6%	$19.96	—	COM	76131N101
ALEX	Alexander & Baldwin Inc	586,036	$10.77M	0.6%	$21.57	—	COM	014491104
SHO	Sunstone Hotel Investors, In	534,329	$6.951M	0.4%	$15.75	—	COM	867892101
—	Interxion Holdings	38,745	$2.098M	0.1%	$31.42	—	COM	N47279109
HLT	Hilton, Inc.	24,253	$1.741M	0.1%	$69.95	+1.1%	COM	43300A203
—	Hudson Pacific Properties	39,765	$1.156M	0.1%	$29.07	—	COM	444097109
PSA	Public Storage	3,797	$769K	0.0%	$121.37	+25.2%	COM	74460D109
IYR	iShares US Real Estate ETF	683	$51,000	0.0%	$31794.68	—	ETF	464287739
VNO	Vornado Realty	13	$1,000	0.0%	$96.21	—	COM	929042109