Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value ($000): $2,020,434 (100.0% shares, 0.0% debt)

Holdings (38)

PLD ProLogis Inc. 8.0%

Value ($000) $162,430 Shares 1,822,185 Est. Cost $37.83 Unrealized +97.4%

SPG Simon Property Group, Inc. 6.9%

Value ($000) $138,638 Shares 930,708 Est. Cost $97.22 Unrealized +9.5%

EQIX Equinix Inc. 6.8%

Value ($000) $137,858 Shares 236,180 Est. Cost $308.43 Unrealized +62.6%

EQR Equity Residential 6.2%

Value ($000) $124,607 Shares 1,539,889 Est. Cost $38.64 Unrealized +73.5%

ARE Alexandria Real Estate Equit 5.0%

Value ($000) $101,168 Shares 626,117 Est. Cost $77.76 Unrealized +59.6%

DOC Healthpeak Properties 4.9%

Value ($000) $99,145 Shares 2,876,266 Est. Cost $25.47 Unrealized 0.0%

BXP Boston Properties, Inc. 4.9%

Value ($000) $98,139 Shares 711,877 Est. Cost $88.54 Unrealized +12.1%

CPT Camden Property Trust 4.1%

Value ($000) $83,254 Shares 784,671 Est. Cost $74.04 Unrealized +21.1%

EXR Extra Space Storage, Inc 3.9%

Value ($000) $79,332 Shares 751,111 Est. Cost $53.82 Unrealized +60.3%

ESS Essex Property Trust, Inc. 3.3%

Value ($000) $66,228 Shares 220,127 Est. Cost $147.86 Unrealized +71.5%

KRC Kilroy Realty 3.1%

Value ($000) $63,522 Shares 757,110 Est. Cost $62.39 Unrealized —

SUI Sun Communities, Inc. 2.9%

Value ($000) $59,492 Shares 396,350 Est. Cost $86.22 Unrealized —

KIM Kimco Realty Corp. 2.6%

Value ($000) $53,528 Shares 2,584,648 Est. Cost $14.48 Unrealized +10.0%

— Duke Realty Corporation 2.6%

Value ($000) $52,059 Shares 1,501,557 Est. Cost $29.29 Unrealized —

AVB AvalonBay Communities, Inc. 2.6%

Value ($000) $51,968 Shares 247,817 Est. Cost $169.25 Unrealized +1.9%

VTR Ventas, Inc. 2.5%

Value ($000) $50,557 Shares 875,598 Est. Cost $41.35 Unrealized +18.9%

INVH Invitation Homes Inc 2.4%

Value ($000) $48,570 Shares 1,620,604 Est. Cost $21.99 Unrealized +14.2%

— Healthcare Trust of America 2.4%

Value ($000) $47,966 Shares 1,584,100 Est. Cost $28.85 Unrealized —

AMT American Tower Corp. 2.3%

Value ($000) $45,977 Shares 200,053 Est. Cost $77.82 Unrealized +136.2%

— Retail Opportunity Investmen 2.1%

Value ($000) $42,559 Shares 2,409,926 Est. Cost $17.66 Unrealized —

PEB Pebblebrook Hotel Trust 2.1%

Value ($000) $42,370 Shares 1,580,377 Est. Cost $31.11 Unrealized —

CUBE Cubesmart 2.0%

Value ($000) $40,712 Shares 1,293,271 Est. Cost $28.64 Unrealized —

COLD Americold Realty Trust 1.9%

Value ($000) $37,449 Shares 1,068,156 Est. Cost $27.08 Unrealized —

JBGS JBG Smith Properties 1.8%

Value ($000) $35,967 Shares 901,650 Est. Cost $38.00 Unrealized —

— Interxion Holdings 1.5%

Value ($000) $29,647 Shares 353,743 Est. Cost $75.51 Unrealized —

— Hudson Pacific Properties 1.4%

Value ($000) $27,766 Shares 737,470 Est. Cost $37.20 Unrealized —

HLT Hilton, Inc. 1.3%

Value ($000) $25,597 Shares 230,790 Est. Cost $93.39 Unrealized +5.9%

— CyrusOne 1.2%

Value ($000) $24,778 Shares 378,696 Est. Cost $75.91 Unrealized —

TRNO Terreno Realty Corp 1.2%

Value ($000) $24,031 Shares 443,858 Est. Cost $30.90 Unrealized —

AMH American Homes 4 Rent 1.2%

Value ($000) $23,809 Shares 908,414 Est. Cost $26.21 Unrealized —

HIW Highwoods Properties, Inc. 1.1%

Value ($000) $21,359 Shares 436,685 Est. Cost $49.45 Unrealized —

REG Regency Centers Corp. 1.0%

Value ($000) $19,922 Shares 315,784 Est. Cost $49.94 Unrealized +1.7%

— MGM Growth Properties 0.8%

Value ($000) $16,769 Shares 541,462 Est. Cost $30.07 Unrealized —

RHP Ryman Hospitality Properties 0.8%

Value ($000) $15,626 Shares 180,315 Est. Cost $86.66 Unrealized —

ALEX Alexander & Baldwin Inc 0.8%

Value ($000) $15,503 Shares 739,659 Est. Cost $21.45 Unrealized —

DRH DiamondRock Hospitality 0.5%

Value ($000) $9,570 Shares 863,672 Est. Cost $11.13 Unrealized —

— CoreSite Realty Corp. 0.1%

Value ($000) $1,789 Shares 15,957 Est. Cost $94.52 Unrealized —

VNQ Vanguard REIT VIPERs 0.0%

Value ($000) $773 Shares 8,326 Est. Cost $89.26 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLD	ProLogis Inc.	1,822,185	$162,430	8.0%	$37.83	+97.4%	COM	74340W103
SPG	Simon Property Group, Inc.	930,708	$138,638	6.9%	$97.22	+9.5%	COM	828806109
EQIX	Equinix Inc.	236,180	$137,858	6.8%	$308.43	+62.6%	COM	29444U700
EQR	Equity Residential	1,539,889	$124,607	6.2%	$38.64	+73.5%	COM	29476L107
ARE	Alexandria Real Estate Equit	626,117	$101,168	5.0%	$77.76	+59.6%	COM	015271109
DOC	Healthpeak Properties	2,876,266	$99,145	4.9%	$25.47	0.0%	COM	42250P103
BXP	Boston Properties, Inc.	711,877	$98,139	4.9%	$88.54	+12.1%	COM	101121101
CPT	Camden Property Trust	784,671	$83,254	4.1%	$74.04	+21.1%	COM	133131102
EXR	Extra Space Storage, Inc	751,111	$79,332	3.9%	$53.82	+60.3%	COM	30225T102
ESS	Essex Property Trust, Inc.	220,127	$66,228	3.3%	$147.86	+71.5%	COM	297178105
KRC	Kilroy Realty	757,110	$63,522	3.1%	$62.39	—	COM	49427F108
SUI	Sun Communities, Inc.	396,350	$59,492	2.9%	$86.22	—	COM	866674104
KIM	Kimco Realty Corp.	2,584,648	$53,528	2.6%	$14.48	+10.0%	COM	49446R109
—	Duke Realty Corporation	1,501,557	$52,059	2.6%	$29.29	—	COM	264411505
AVB	AvalonBay Communities, Inc.	247,817	$51,968	2.6%	$169.25	+1.9%	COM	053484101
VTR	Ventas, Inc.	875,598	$50,557	2.5%	$41.35	+18.9%	COM	92276F100
INVH	Invitation Homes Inc	1,620,604	$48,570	2.4%	$21.99	+14.2%	COM	46187W107
—	Healthcare Trust of America	1,584,100	$47,966	2.4%	$28.85	—	COM	42225P501
AMT	American Tower Corp.	200,053	$45,977	2.3%	$77.82	+136.2%	COM	03027X100
—	Retail Opportunity Investmen	2,409,926	$42,559	2.1%	$17.66	—	COM	76131N101
PEB	Pebblebrook Hotel Trust	1,580,377	$42,370	2.1%	$31.11	—	COM	70509V100
CUBE	Cubesmart	1,293,271	$40,712	2.0%	$28.64	—	COM	229663109
COLD	Americold Realty Trust	1,068,156	$37,449	1.9%	$27.08	—	COM	03064D108
JBGS	JBG Smith Properties	901,650	$35,967	1.8%	$38.00	—	COM	46590V100
—	Interxion Holdings	353,743	$29,647	1.5%	$75.51	—	COM	N47279109
—	Hudson Pacific Properties	737,470	$27,766	1.4%	$37.20	—	COM	444097109
HLT	Hilton, Inc.	230,790	$25,597	1.3%	$93.39	+5.9%	COM	43300A203
—	CyrusOne	378,696	$24,778	1.2%	$75.91	—	COM	23283R100
TRNO	Terreno Realty Corp	443,858	$24,031	1.2%	$30.90	—	COM	88146M101
AMH	American Homes 4 Rent	908,414	$23,809	1.2%	$26.21	—	COM	02665T306
HIW	Highwoods Properties, Inc.	436,685	$21,359	1.1%	$49.45	—	COM	431284108
REG	Regency Centers Corp.	315,784	$19,922	1.0%	$49.94	+1.7%	COM	758849103
—	MGM Growth Properties	541,462	$16,769	0.8%	$30.07	—	COM	55303A105
RHP	Ryman Hospitality Properties	180,315	$15,626	0.8%	$86.66	—	COM	78377T107
ALEX	Alexander & Baldwin Inc	739,659	$15,503	0.8%	$21.45	—	COM	014491104
DRH	DiamondRock Hospitality	863,672	$9,570	0.5%	$11.13	—	COM	252784301
—	CoreSite Realty Corp.	15,957	$1,789	0.1%	$94.52	—	COM	21870Q105
VNQ	Vanguard REIT VIPERs	8,326	$773	0.0%	$89.26	—	COM	922908553