Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value ($000): $1,574,150 (100.0% shares, 0.0% debt)

Holdings (37)

EQIX Equinix Inc. 11.0%

Value ($000) $172,905 Shares 276,839 Est. Cost $341.87 Unrealized +56.8%

PLD ProLogis Inc. 10.2%

Value ($000) $160,255 Shares 1,993,967 Est. Cost $40.96 Unrealized +80.9%

EQR Equity Residential 6.3%

Value ($000) $99,262 Shares 1,608,518 Est. Cost $39.61 Unrealized +54.9%

ARE Alexandria Real Estate Equit 5.6%

Value ($000) $87,726 Shares 640,052 Est. Cost $78.77 Unrealized +57.5%

EXR Extra Space Storage, Inc. 4.7%

Value ($000) $73,580 Shares 768,377 Est. Cost $54.48 Unrealized +52.6%

DOC Healthpeak Properties 4.2%

Value ($000) $65,332 Shares 2,739,274 Est. Cost $25.47 Unrealized -6.1%

BXP Boston Properties, Inc. 4.1%

Value ($000) $64,280 Shares 696,952 Est. Cost $88.54 Unrealized +8.0%

CPT Camden Property Trust 3.8%

Value ($000) $60,573 Shares 764,423 Est. Cost $74.04 Unrealized +14.5%

KRC Kilroy Realty 3.7%

Value ($000) $58,469 Shares 917,873 Est. Cost $62.62 Unrealized —

AMT American Tower Corp. 3.3%

Value ($000) $51,985 Shares 238,740 Est. Cost $97.17 Unrealized +103.0%

SPG Simon Property Group, Inc. 3.3%

Value ($000) $51,715 Shares 942,668 Est. Cost $97.08 Unrealized -11.3%

— Duke Realty Corporation 3.2%

Value ($000) $50,555 Shares 1,561,313 Est. Cost $29.41 Unrealized —

AVB AvalonBay Communities, Inc. 2.9%

Value ($000) $46,278 Shares 314,450 Est. Cost $168.01 Unrealized -2.7%

INVH Invitation Homes Inc 2.7%

Value ($000) $42,813 Shares 2,003,430 Est. Cost $22.34 Unrealized +6.7%

— Healthcare Trust of America 2.6%

Value ($000) $40,379 Shares 1,663,065 Est. Cost $28.64 Unrealized —

ESS Essex Property Trust, Inc. 2.5%

Value ($000) $39,846 Shares 180,924 Est. Cost $147.86 Unrealized +57.1%

SUI Sun Communities, Inc. 2.2%

Value ($000) $35,307 Shares 282,796 Est. Cost $86.22 Unrealized —

KIM Kimco Realty Corp. 2.1%

Value ($000) $33,330 Shares 3,446,768 Est. Cost $14.16 Unrealized -6.7%

CUBE Cubesmart 2.0%

Value ($000) $31,381 Shares 1,171,364 Est. Cost $28.64 Unrealized —

— CyrusOne 2.0%

Value ($000) $31,193 Shares 505,139 Est. Cost $72.36 Unrealized —

JBGS JBG Smith Properties 1.8%

Value ($000) $28,713 Shares 902,083 Est. Cost $38.00 Unrealized —

ELS Equity Lifestyle Properties 1.8%

Value ($000) $28,193 Shares 490,488 Est. Cost $57.48 Unrealized —

AMH American Homes 4 Rent 1.6%

Value ($000) $25,588 Shares 1,102,928 Est. Cost $25.68 Unrealized —

— Retail Opportunity Investmen 1.5%

Value ($000) $23,829 Shares 2,874,452 Est. Cost $16.15 Unrealized —

COLD Americold Realty Trust 1.5%

Value ($000) $23,597 Shares 693,209 Est. Cost $27.08 Unrealized —

HIW Highwoods Properties, Inc. 1.5%

Value ($000) $23,360 Shares 659,511 Est. Cost $44.71 Unrealized —

TRNO Terreno Realty Corp 1.5%

Value ($000) $22,979 Shares 444,050 Est. Cost $30.90 Unrealized —

OHI Omega Healthcare Investors 1.3%

Value ($000) $20,483 Shares 771,768 Est. Cost $26.54 Unrealized —

HLT Hilton, Inc. 1.0%

Value ($000) $16,243 Shares 238,025 Est. Cost $93.47 Unrealized +2.8%

WELL Welltower Inc. 1.0%

Value ($000) $16,222 Shares 354,350 Est. Cost $61.83 Unrealized 0.0%

RHP Ryman Hospitality Properties 1.0%

Value ($000) $15,992 Shares 446,068 Est. Cost $56.39 Unrealized —

— Hudson Pacific Properties 0.7%

Value ($000) $11,367 Shares 448,248 Est. Cost $37.20 Unrealized —

PEB Pebblebrook Hotel Trust 0.5%

Value ($000) $8,082 Shares 742,148 Est. Cost $31.11 Unrealized —

ALEX Alexander & Baldwin Inc 0.5%

Value ($000) $7,867 Shares 701,228 Est. Cost $21.45 Unrealized —

DRH DiamondRock Hospitality 0.2%

Value ($000) $2,901 Shares 571,115 Est. Cost $11.13 Unrealized —

— CoreSite Realty Corp. 0.1%

Value ($000) $1,070 Shares 9,235 Est. Cost $94.52 Unrealized —

PK Park Hotels & Resorts 0.0%

Value ($000) $500 Shares 63,270 Est. Cost $7.90 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EQIX	Equinix Inc.	276,839	$172,905	11.0%	$341.87	+56.8%	COM	29444U700
PLD	ProLogis Inc.	1,993,967	$160,255	10.2%	$40.96	+80.9%	COM	74340W103
EQR	Equity Residential	1,608,518	$99,262	6.3%	$39.61	+54.9%	COM	29476L107
ARE	Alexandria Real Estate Equit	640,052	$87,726	5.6%	$78.77	+57.5%	COM	015271109
EXR	Extra Space Storage, Inc.	768,377	$73,580	4.7%	$54.48	+52.6%	COM	30225T102
DOC	Healthpeak Properties	2,739,274	$65,332	4.2%	$25.47	-6.1%	COM	42250P103
BXP	Boston Properties, Inc.	696,952	$64,280	4.1%	$88.54	+8.0%	COM	101121101
CPT	Camden Property Trust	764,423	$60,573	3.8%	$74.04	+14.5%	COM	133131102
KRC	Kilroy Realty	917,873	$58,469	3.7%	$62.62	—	COM	49427F108
AMT	American Tower Corp.	238,740	$51,985	3.3%	$97.17	+103.0%	COM	03027X100
SPG	Simon Property Group, Inc.	942,668	$51,715	3.3%	$97.08	-11.3%	COM	828806109
—	Duke Realty Corporation	1,561,313	$50,555	3.2%	$29.41	—	COM	264411505
AVB	AvalonBay Communities, Inc.	314,450	$46,278	2.9%	$168.01	-2.7%	COM	053484101
INVH	Invitation Homes Inc	2,003,430	$42,813	2.7%	$22.34	+6.7%	COM	46187W107
—	Healthcare Trust of America	1,663,065	$40,379	2.6%	$28.64	—	COM	42225P501
ESS	Essex Property Trust, Inc.	180,924	$39,846	2.5%	$147.86	+57.1%	COM	297178105
SUI	Sun Communities, Inc.	282,796	$35,307	2.2%	$86.22	—	COM	866674104
KIM	Kimco Realty Corp.	3,446,768	$33,330	2.1%	$14.16	-6.7%	COM	49446R109
CUBE	Cubesmart	1,171,364	$31,381	2.0%	$28.64	—	COM	229663109
—	CyrusOne	505,139	$31,193	2.0%	$72.36	—	COM	23283R100
JBGS	JBG Smith Properties	902,083	$28,713	1.8%	$38.00	—	COM	46590V100
ELS	Equity Lifestyle Properties	490,488	$28,193	1.8%	$57.48	—	COM	29472R108
AMH	American Homes 4 Rent	1,102,928	$25,588	1.6%	$25.68	—	COM	02665T306
—	Retail Opportunity Investmen	2,874,452	$23,829	1.5%	$16.15	—	COM	76131N101
COLD	Americold Realty Trust	693,209	$23,597	1.5%	$27.08	—	COM	03064D108
HIW	Highwoods Properties, Inc.	659,511	$23,360	1.5%	$44.71	—	COM	431284108
TRNO	Terreno Realty Corp	444,050	$22,979	1.5%	$30.90	—	COM	88146M101
OHI	Omega Healthcare Investors	771,768	$20,483	1.3%	$26.54	—	COM	681936100
HLT	Hilton, Inc.	238,025	$16,243	1.0%	$93.47	+2.8%	COM	43300A203
WELL	Welltower Inc.	354,350	$16,222	1.0%	$61.83	0.0%	COM	95040Q104
RHP	Ryman Hospitality Properties	446,068	$15,992	1.0%	$56.39	—	COM	78377T107
—	Hudson Pacific Properties	448,248	$11,367	0.7%	$37.20	—	COM	444097109
PEB	Pebblebrook Hotel Trust	742,148	$8,082	0.5%	$31.11	—	COM	70509V100
ALEX	Alexander & Baldwin Inc	701,228	$7,867	0.5%	$21.45	—	COM	014491104
DRH	DiamondRock Hospitality	571,115	$2,901	0.2%	$11.13	—	COM	252784301
—	CoreSite Realty Corp.	9,235	$1,070	0.1%	$94.52	—	COM	21870Q105
PK	Park Hotels & Resorts	63,270	$500	0.0%	$7.90	—	COM	700517105