Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $1,694,650 (100.0% shares, 0.0% debt)

Holdings (39)

EQIX Equinix Inc. 11.5%

Value ($000) $195,188 Shares 288,159 Est. Cost $352.36 Unrealized +72.8%

PLD ProLogis Inc. 10.9%

Value ($000) $185,425 Shares 2,052,355 Est. Cost $41.96 Unrealized +81.8%

ARE Alexandria Real Estate Equit 6.0%

Value ($000) $100,943 Shares 642,494 Est. Cost $78.77 Unrealized +54.9%

EQR Equity Residential 5.2%

Value ($000) $88,928 Shares 1,555,786 Est. Cost $39.61 Unrealized +25.4%

EXR Extra Space Storage, Inc. 4.8%

Value ($000) $81,269 Shares 905,812 Est. Cost $57.59 Unrealized +30.2%

DOC Healthpeak Properties 4.0%

Value ($000) $68,123 Shares 2,564,879 Est. Cost $25.47 Unrealized -25.4%

CPT Camden Property Trust 3.9%

Value ($000) $66,459 Shares 750,149 Est. Cost $74.04 Unrealized -1.7%

ELS Equity Lifestyle Properties 3.9%

Value ($000) $66,008 Shares 1,095,416 Est. Cost $59.01 Unrealized —

— Duke Realty Corporation 3.5%

Value ($000) $58,664 Shares 1,741,480 Est. Cost $29.85 Unrealized —

INVH Invitation Homes Inc 3.3%

Value ($000) $56,245 Shares 2,114,812 Est. Cost $22.28 Unrealized -4.8%

AVB AvalonBay Communities, Inc. 3.3%

Value ($000) $56,026 Shares 377,191 Est. Cost $161.63 Unrealized -19.8%

KIM Kimco Realty Corp. 3.3%

Value ($000) $56,020 Shares 4,362,912 Est. Cost $13.04 Unrealized -32.4%

SPG Simon Property Group, Inc. 3.3%

Value ($000) $55,978 Shares 844,887 Est. Cost $97.08 Unrealized -53.1%

AMT American Tower Corp. 3.2%

Value ($000) $54,952 Shares 219,646 Est. Cost $97.17 Unrealized +116.7%

BXP Boston Properties, Inc. 3.1%

Value ($000) $53,179 Shares 604,981 Est. Cost $88.54 Unrealized -23.1%

KRC Kilroy Realty 3.0%

Value ($000) $51,224 Shares 900,588 Est. Cost $62.62 Unrealized —

— Healthcare Trust of America 2.4%

Value ($000) $40,804 Shares 1,590,002 Est. Cost $28.64 Unrealized —

— Retail Opportunity Investmen 1.9%

Value ($000) $32,841 Shares 3,001,828 Est. Cost $15.92 Unrealized —

AMH American Homes 4 Rent 1.9%

Value ($000) $32,621 Shares 1,257,519 Est. Cost $25.71 Unrealized —

CUBE Cubesmart 1.9%

Value ($000) $31,736 Shares 1,236,586 Est. Cost $28.48 Unrealized —

— CyrusOne 1.8%

Value ($000) $29,774 Shares 409,265 Est. Cost $72.36 Unrealized —

HIW Highwoods Properties, Inc. 1.7%

Value ($000) $29,492 Shares 826,082 Est. Cost $42.89 Unrealized —

WELL Welltower Inc. 1.5%

Value ($000) $25,644 Shares 495,540 Est. Cost $56.12 Unrealized -25.6%

JBGS JBG Smith Properties 1.5%

Value ($000) $24,787 Shares 856,355 Est. Cost $38.00 Unrealized —

EGP Eastgroup Properties 1.3%

Value ($000) $22,578 Shares 190,355 Est. Cost $118.61 Unrealized —

ESS Essex Property Trust, Inc. 1.2%

Value ($000) $19,778 Shares 90,273 Est. Cost $147.86 Unrealized +32.2%

OHI Omega Healthcare Investors 1.1%

Value ($000) $19,046 Shares 675,401 Est. Cost $26.54 Unrealized —

— American Campus Communities 1.0%

Value ($000) $16,619 Shares 501,256 Est. Cost $33.15 Unrealized —

RHP Ryman Hospitality Properties 0.9%

Value ($000) $15,060 Shares 452,741 Est. Cost $56.05 Unrealized —

HLT Hilton, Inc. 0.7%

Value ($000) $11,617 Shares 166,258 Est. Cost $93.47 Unrealized -21.6%

— CoreSite Realty Corp. 0.6%

Value ($000) $10,829 Shares 99,463 Est. Cost $107.54 Unrealized —

XHR Xenia Hotels & Resorts Inc 0.6%

Value ($000) $10,104 Shares 1,129,966 Est. Cost $8.94 Unrealized —

PEB Pebblebrook Hotel Trust 0.5%

Value ($000) $9,094 Shares 665,736 Est. Cost $31.11 Unrealized —

— Hudson Pacific Properties 0.5%

Value ($000) $9,008 Shares 358,064 Est. Cost $37.20 Unrealized —

DRH DiamondRock Hospitality 0.2%

Value ($000) $3,447 Shares 623,250 Est. Cost $10.66 Unrealized —

SUI Sun Communities, Inc. 0.1%

Value ($000) $1,745 Shares 12,860 Est. Cost $86.22 Unrealized —

CUZ Cousins Properties, Inc. 0.1%

Value ($000) $1,399 Shares 46,910 Est. Cost $29.82 Unrealized —

TRNO Terreno Realty Corp 0.1%

Value ($000) $1,223 Shares 23,324 Est. Cost $30.90 Unrealized —

ALEX Alexander & Baldwin Inc 0.0%

Value ($000) $773 Shares 63,400 Est. Cost $21.45 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EQIX	Equinix Inc.	288,159	$195,188	11.5%	$352.36	+72.8%	COM	29444U700
PLD	ProLogis Inc.	2,052,355	$185,425	10.9%	$41.96	+81.8%	COM	74340W103
ARE	Alexandria Real Estate Equit	642,494	$100,943	6.0%	$78.77	+54.9%	COM	015271109
EQR	Equity Residential	1,555,786	$88,928	5.2%	$39.61	+25.4%	COM	29476L107
EXR	Extra Space Storage, Inc.	905,812	$81,269	4.8%	$57.59	+30.2%	COM	30225T102
DOC	Healthpeak Properties	2,564,879	$68,123	4.0%	$25.47	-25.4%	COM	42250P103
CPT	Camden Property Trust	750,149	$66,459	3.9%	$74.04	-1.7%	COM	133131102
ELS	Equity Lifestyle Properties	1,095,416	$66,008	3.9%	$59.01	—	COM	29472R108
—	Duke Realty Corporation	1,741,480	$58,664	3.5%	$29.85	—	COM	264411505
INVH	Invitation Homes Inc	2,114,812	$56,245	3.3%	$22.28	-4.8%	COM	46187W107
AVB	AvalonBay Communities, Inc.	377,191	$56,026	3.3%	$161.63	-19.8%	COM	053484101
KIM	Kimco Realty Corp.	4,362,912	$56,020	3.3%	$13.04	-32.4%	COM	49446R109
SPG	Simon Property Group, Inc.	844,887	$55,978	3.3%	$97.08	-53.1%	COM	828806109
AMT	American Tower Corp.	219,646	$54,952	3.2%	$97.17	+116.7%	COM	03027X100
BXP	Boston Properties, Inc.	604,981	$53,179	3.1%	$88.54	-23.1%	COM	101121101
KRC	Kilroy Realty	900,588	$51,224	3.0%	$62.62	—	COM	49427F108
—	Healthcare Trust of America	1,590,002	$40,804	2.4%	$28.64	—	COM	42225P501
—	Retail Opportunity Investmen	3,001,828	$32,841	1.9%	$15.92	—	COM	76131N101
AMH	American Homes 4 Rent	1,257,519	$32,621	1.9%	$25.71	—	COM	02665T306
CUBE	Cubesmart	1,236,586	$31,736	1.9%	$28.48	—	COM	229663109
—	CyrusOne	409,265	$29,774	1.8%	$72.36	—	COM	23283R100
HIW	Highwoods Properties, Inc.	826,082	$29,492	1.7%	$42.89	—	COM	431284108
WELL	Welltower Inc.	495,540	$25,644	1.5%	$56.12	-25.6%	COM	95040Q104
JBGS	JBG Smith Properties	856,355	$24,787	1.5%	$38.00	—	COM	46590V100
EGP	Eastgroup Properties	190,355	$22,578	1.3%	$118.61	—	COM	277276101
ESS	Essex Property Trust, Inc.	90,273	$19,778	1.2%	$147.86	+32.2%	COM	297178105
OHI	Omega Healthcare Investors	675,401	$19,046	1.1%	$26.54	—	COM	681936100
—	American Campus Communities	501,256	$16,619	1.0%	$33.15	—	COM	024835100
RHP	Ryman Hospitality Properties	452,741	$15,060	0.9%	$56.05	—	COM	78377T107
HLT	Hilton, Inc.	166,258	$11,617	0.7%	$93.47	-21.6%	COM	43300A203
—	CoreSite Realty Corp.	99,463	$10,829	0.6%	$107.54	—	COM	21870Q105
XHR	Xenia Hotels & Resorts Inc	1,129,966	$10,104	0.6%	$8.94	—	COM	984017103
PEB	Pebblebrook Hotel Trust	665,736	$9,094	0.5%	$31.11	—	COM	70509V100
—	Hudson Pacific Properties	358,064	$9,008	0.5%	$37.20	—	COM	444097109
DRH	DiamondRock Hospitality	623,250	$3,447	0.2%	$10.66	—	COM	252784301
SUI	Sun Communities, Inc.	12,860	$1,745	0.1%	$86.22	—	COM	866674104
CUZ	Cousins Properties, Inc.	46,910	$1,399	0.1%	$29.82	—	COM	222795502
TRNO	Terreno Realty Corp	23,324	$1,223	0.1%	$30.90	—	COM	88146M101
ALEX	Alexander & Baldwin Inc	63,400	$773	0.0%	$21.45	—	COM	014491104