Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 17, 2021

Total Value ($000): $1,866,257 (100.0% shares, 0.0% debt)

Holdings (44)

PLD ProLogis Inc. 10.1%

Value ($000) $188,927 Shares 1,580,579 Est. Cost $41.96 Unrealized +143.9%

EQIX Equinix Inc. 9.5%

Value ($000) $176,604 Shares 220,040 Est. Cost $363.16 Unrealized +86.9%

WELL Welltower Inc. 6.4%

Value ($000) $118,897 Shares 1,430,781 Est. Cost $52.96 Unrealized +28.3%

EXR Extra Space Storage, Inc. 5.2%

Value ($000) $97,614 Shares 595,867 Est. Cost $59.22 Unrealized +110.9%

EQR Equity Residential 5.2%

Value ($000) $97,325 Shares 1,263,968 Est. Cost $40.00 Unrealized +57.7%

SPG Simon Property Group, Inc. 4.6%

Value ($000) $85,866 Shares 658,083 Est. Cost $97.05 Unrealized -0.8%

— Duke Realty Corporation 4.5%

Value ($000) $83,613 Shares 1,765,859 Est. Cost $31.50 Unrealized —

CPT Camden Property Trust 4.2%

Value ($000) $78,798 Shares 593,941 Est. Cost $74.05 Unrealized +42.7%

INVH Invitation Homes Inc 4.2%

Value ($000) $78,252 Shares 2,098,459 Est. Cost $23.41 Unrealized +30.6%

KIM Kimco Realty Corp. 3.9%

Value ($000) $72,154 Shares 3,460,606 Est. Cost $13.34 Unrealized +26.8%

ARE Alexandria Real Estate Equit 3.7%

Value ($000) $69,847 Shares 383,900 Est. Cost $78.77 Unrealized +86.1%

ESS Essex Property Trust, Inc. 3.7%

Value ($000) $69,090 Shares 230,291 Est. Cost $176.40 Unrealized +41.3%

ELS Equity Lifestyle Properties 3.1%

Value ($000) $58,360 Shares 785,353 Est. Cost $59.01 Unrealized —

AMT American Tower Corp. 2.9%

Value ($000) $53,724 Shares 198,873 Est. Cost $119.44 Unrealized +85.3%

KRC Kilroy Realty 2.6%

Value ($000) $48,096 Shares 690,633 Est. Cost $63.22 Unrealized —

VTR Ventas, Inc. 2.4%

Value ($000) $44,364 Shares 776,952 Est. Cost $45.94 Unrealized +3.3%

BXP Boston Properties, Inc. 2.1%

Value ($000) $40,028 Shares 349,320 Est. Cost $88.53 Unrealized -0.7%

SUI Sun Communities, Inc. 2.1%

Value ($000) $38,818 Shares 226,477 Est. Cost $147.58 Unrealized —

AMH American Homes 4 Rent 2.0%

Value ($000) $36,656 Shares 943,534 Est. Cost $28.12 Unrealized —

CUBE Cubesmart 1.7%

Value ($000) $31,923 Shares 689,172 Est. Cost $29.10 Unrealized —

HIW Highwoods Properties, Inc. 1.6%

Value ($000) $29,930 Shares 662,617 Est. Cost $43.02 Unrealized —

RHP Ryman Hospitality Properties 1.4%

Value ($000) $26,627 Shares 337,219 Est. Cost $49.90 Unrealized —

XHR Xenia Hotels & Resorts Inc 1.3%

Value ($000) $23,631 Shares 1,261,673 Est. Cost $12.91 Unrealized —

PSA Public Storage 1.3%

Value ($000) $23,445 Shares 77,970 Est. Cost $188.24 Unrealized +21.4%

EGP Eastgroup Properties 1.2%

Value ($000) $23,196 Shares 141,046 Est. Cost $123.81 Unrealized —

— CoreSite Realty Corp. 1.2%

Value ($000) $22,729 Shares 168,860 Est. Cost $134.60 Unrealized —

— Federal Realty Investment Tr 1.2%

Value ($000) $21,464 Shares 183,188 Est. Cost $88.85 Unrealized —

— Healthcare Trust of America 1.1%

Value ($000) $21,313 Shares 798,263 Est. Cost $28.64 Unrealized —

— Retail Opportunity Investmen 1.1%

Value ($000) $19,629 Shares 1,111,488 Est. Cost $15.71 Unrealized —

— Playa Hotels & Resorts 1.0%

Value ($000) $18,268 Shares 2,458,596 Est. Cost $7.34 Unrealized —

VRE Mack-Cali Realty Corporation 0.6%

Value ($000) $11,230 Shares 654,809 Est. Cost $17.15 Unrealized —

— Global Medical REIT 0.6%

Value ($000) $10,849 Shares 735,000 Est. Cost $14.76 Unrealized —

JBGS JBG Smith Properties 0.6%

Value ($000) $10,661 Shares 338,336 Est. Cost $37.92 Unrealized —

PCH Potlach Corp 0.5%

Value ($000) $9,905 Shares 186,350 Est. Cost $53.15 Unrealized —

LAMR Lamar Advertising Co-A 0.5%

Value ($000) $9,198 Shares 88,090 Est. Cost $104.42 Unrealized —

DLR Digital Realty Trust 0.2%

Value ($000) $4,420 Shares 29,380 Est. Cost $116.48 Unrealized +10.2%

CCI Crown Castle Inc 0.1%

Value ($000) $2,630 Shares 13,480 Est. Cost $150.03 Unrealized 0.0%

SBAC SBA Communications 0.1%

Value ($000) $1,852 Shares 5,810 Est. Cost $280.45 Unrealized 0.0%

O Realty Income 0.1%

Value ($000) $1,676 Shares 25,110 Est. Cost $51.83 Unrealized 0.0%

CUZ Cousins Properties, Inc. 0.1%

Value ($000) $1,675 Shares 45,550 Est. Cost $30.32 Unrealized —

— MGM Growth Properties 0.1%

Value ($000) $1,126 Shares 30,735 Est. Cost $36.64 Unrealized —

VICI Vici Properties 0.1%

Value ($000) $1,122 Shares 36,175 Est. Cost $24.21 Unrealized 0.0%

— American Campus Communities 0.0%

Value ($000) $725 Shares 15,525 Est. Cost $34.61 Unrealized —

HLT Hilton, Inc. 0.0%

Value ($000) $0 Shares 10,627 Est. Cost $95.65 Unrealized +28.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLD	ProLogis Inc.	1,580,579	$188,927	10.1%	$41.96	+143.9%	COM	74340W103
EQIX	Equinix Inc.	220,040	$176,604	9.5%	$363.16	+86.9%	COM	29444U700
WELL	Welltower Inc.	1,430,781	$118,897	6.4%	$52.96	+28.3%	COM	95040Q104
EXR	Extra Space Storage, Inc.	595,867	$97,614	5.2%	$59.22	+110.9%	COM	30225T102
EQR	Equity Residential	1,263,968	$97,325	5.2%	$40.00	+57.7%	COM	29476L107
SPG	Simon Property Group, Inc.	658,083	$85,866	4.6%	$97.05	-0.8%	COM	828806109
—	Duke Realty Corporation	1,765,859	$83,613	4.5%	$31.50	—	COM	264411505
CPT	Camden Property Trust	593,941	$78,798	4.2%	$74.05	+42.7%	COM	133131102
INVH	Invitation Homes Inc	2,098,459	$78,252	4.2%	$23.41	+30.6%	COM	46187W107
KIM	Kimco Realty Corp.	3,460,606	$72,154	3.9%	$13.34	+26.8%	COM	49446R109
ARE	Alexandria Real Estate Equit	383,900	$69,847	3.7%	$78.77	+86.1%	COM	015271109
ESS	Essex Property Trust, Inc.	230,291	$69,090	3.7%	$176.40	+41.3%	COM	297178105
ELS	Equity Lifestyle Properties	785,353	$58,360	3.1%	$59.01	—	COM	29472R108
AMT	American Tower Corp.	198,873	$53,724	2.9%	$119.44	+85.3%	COM	03027X100
KRC	Kilroy Realty	690,633	$48,096	2.6%	$63.22	—	COM	49427F108
VTR	Ventas, Inc.	776,952	$44,364	2.4%	$45.94	+3.3%	COM	92276F100
BXP	Boston Properties, Inc.	349,320	$40,028	2.1%	$88.53	-0.7%	COM	101121101
SUI	Sun Communities, Inc.	226,477	$38,818	2.1%	$147.58	—	COM	866674104
AMH	American Homes 4 Rent	943,534	$36,656	2.0%	$28.12	—	COM	02665T306
CUBE	Cubesmart	689,172	$31,923	1.7%	$29.10	—	COM	229663109
HIW	Highwoods Properties, Inc.	662,617	$29,930	1.6%	$43.02	—	COM	431284108
RHP	Ryman Hospitality Properties	337,219	$26,627	1.4%	$49.90	—	COM	78377T107
XHR	Xenia Hotels & Resorts Inc	1,261,673	$23,631	1.3%	$12.91	—	COM	984017103
PSA	Public Storage	77,970	$23,445	1.3%	$188.24	+21.4%	COM	74460D109
EGP	Eastgroup Properties	141,046	$23,196	1.2%	$123.81	—	COM	277276101
—	CoreSite Realty Corp.	168,860	$22,729	1.2%	$134.60	—	COM	21870Q105
—	Federal Realty Investment Tr	183,188	$21,464	1.2%	$88.85	—	COM	313747206
—	Healthcare Trust of America	798,263	$21,313	1.1%	$28.64	—	COM	42225P501
—	Retail Opportunity Investmen	1,111,488	$19,629	1.1%	$15.71	—	COM	76131N101
—	Playa Hotels & Resorts	2,458,596	$18,268	1.0%	$7.34	—	COM	N70544106
VRE	Mack-Cali Realty Corporation	654,809	$11,230	0.6%	$17.15	—	COM	554489104
—	Global Medical REIT	735,000	$10,849	0.6%	$14.76	—	COM	37954A204
JBGS	JBG Smith Properties	338,336	$10,661	0.6%	$37.92	—	COM	46590V100
PCH	Potlach Corp	186,350	$9,905	0.5%	$53.15	—	COM	737630103
LAMR	Lamar Advertising Co-A	88,090	$9,198	0.5%	$104.42	—	COM	512816109
DLR	Digital Realty Trust	29,380	$4,420	0.2%	$116.48	+10.2%	COM	253868103
CCI	Crown Castle Inc	13,480	$2,630	0.1%	$150.03	0.0%	COM	22822V101
SBAC	SBA Communications	5,810	$1,852	0.1%	$280.45	0.0%	COM	78410G104
O	Realty Income	25,110	$1,676	0.1%	$51.83	0.0%	COM	756109104
CUZ	Cousins Properties, Inc.	45,550	$1,675	0.1%	$30.32	—	COM	222795502
—	MGM Growth Properties	30,735	$1,126	0.1%	$36.64	—	COM	55303A105
VICI	Vici Properties	36,175	$1,122	0.1%	$24.21	0.0%	COM	925652109
—	American Campus Communities	15,525	$725	0.0%	$34.61	—	COM	024835100
HLT	Hilton, Inc.	10,627	$0	0.0%	$95.65	+28.9%	COM	43300A203