Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value ($000): $1,968,295 (100.0% shares, 0.0% debt)

Holdings (44)

PLD ProLogis Inc. 10.6%

Value ($000) $208,807 Shares 1,664,732 Est. Cost $45.61 Unrealized +150.3%

EQIX Equinix Inc. 8.9%

Value ($000) $174,835 Shares 221,274 Est. Cost $363.16 Unrealized +109.9%

WELL Welltower Inc. 5.9%

Value ($000) $115,869 Shares 1,406,177 Est. Cost $52.96 Unrealized +45.0%

EQR Equity Residential 5.4%

Value ($000) $106,802 Shares 1,319,847 Est. Cost $41.24 Unrealized +68.4%

EXR Extra Space Storage, Inc. 5.0%

Value ($000) $98,101 Shares 583,964 Est. Cost $59.22 Unrealized +150.4%

SPG Simon Property Group, Inc. 4.9%

Value ($000) $96,813 Shares 744,889 Est. Cost $97.66 Unrealized +4.7%

ESS Essex Property Trust, Inc. 4.8%

Value ($000) $93,766 Shares 293,258 Est. Cost $197.64 Unrealized +39.3%

CPT Camden Property Trust 4.6%

Value ($000) $90,321 Shares 612,470 Est. Cost $75.62 Unrealized +66.3%

— Duke Realty Corporation 4.4%

Value ($000) $86,710 Shares 1,811,381 Est. Cost $31.91 Unrealized —

INVH Invitation Homes Inc 4.2%

Value ($000) $83,557 Shares 2,179,924 Est. Cost $23.83 Unrealized +46.1%

KIM Kimco Realty Corp. 3.9%

Value ($000) $76,879 Shares 3,705,009 Est. Cost $13.62 Unrealized +29.0%

ARE Alexandria Real Estate Equit 3.5%

Value ($000) $68,039 Shares 356,092 Est. Cost $78.77 Unrealized +108.3%

ELS Equity Lifestyle Properties 3.0%

Value ($000) $58,608 Shares 750,416 Est. Cost $59.01 Unrealized —

AMT American Tower Corp. 2.8%

Value ($000) $54,329 Shares 204,698 Est. Cost $123.12 Unrealized +102.0%

SUI Sun Communities, Inc. 2.3%

Value ($000) $44,801 Shares 242,034 Est. Cost $149.99 Unrealized —

KRC Kilroy Realty 2.2%

Value ($000) $42,627 Shares 643,817 Est. Cost $63.22 Unrealized —

VTR Ventas, Inc. 2.1%

Value ($000) $42,130 Shares 763,091 Est. Cost $45.94 Unrealized +6.8%

CUBE Cubesmart 2.0%

Value ($000) $39,789 Shares 821,226 Est. Cost $32.21 Unrealized —

AMH American Homes 4 Rent 2.0%

Value ($000) $39,017 Shares 1,023,556 Est. Cost $28.90 Unrealized —

BXP Boston Properties, Inc. 1.7%

Value ($000) $34,342 Shares 316,961 Est. Cost $88.53 Unrealized +2.0%

PSA Public Storage 1.7%

Value ($000) $33,433 Shares 112,534 Est. Cost $209.45 Unrealized +22.9%

HIW Highwoods Properties, Inc. 1.7%

Value ($000) $32,787 Shares 747,547 Est. Cost $43.12 Unrealized —

RHP Ryman Hospitality Properties 1.5%

Value ($000) $29,055 Shares 347,128 Est. Cost $50.87 Unrealized —

— CoreSite Realty Corp. 1.3%

Value ($000) $25,208 Shares 181,958 Est. Cost $134.89 Unrealized —

— Playa Hotels & Resorts 1.2%

Value ($000) $24,391 Shares 2,942,164 Est. Cost $7.50 Unrealized —

XHR Xenia Hotels & Resorts Inc 1.2%

Value ($000) $22,766 Shares 1,283,347 Est. Cost $12.99 Unrealized —

EGP Eastgroup Properties 1.1%

Value ($000) $22,489 Shares 134,963 Est. Cost $123.81 Unrealized —

— Retail Opportunity Investmen 1.0%

Value ($000) $19,274 Shares 1,106,457 Est. Cost $15.71 Unrealized —

— Federal Realty Investment Tr 0.9%

Value ($000) $16,987 Shares 143,969 Est. Cost $88.85 Unrealized —

— Global Medical REIT 0.7%

Value ($000) $13,419 Shares 912,855 Est. Cost $14.75 Unrealized —

VRE Mack-Cali Realty Corporation 0.6%

Value ($000) $12,325 Shares 719,948 Est. Cost $17.15 Unrealized —

PCH Potlach Corp 0.6%

Value ($000) $11,768 Shares 228,152 Est. Cost $52.86 Unrealized —

LAMR Lamar Advertising Co-A 0.5%

Value ($000) $10,207 Shares 89,965 Est. Cost $104.60 Unrealized —

JBGS JBG Smith Properties 0.5%

Value ($000) $10,025 Shares 338,559 Est. Cost $37.92 Unrealized —

ALEX Alexander & Baldwin Inc 0.5%

Value ($000) $8,934 Shares 381,131 Est. Cost $23.44 Unrealized —

JLL Jones Lang Lasalle Inc 0.4%

Value ($000) $7,269 Shares 29,300 Est. Cost $228.30 Unrealized 0.0%

CCI Crown Castle Inc 0.1%

Value ($000) $2,245 Shares 12,955 Est. Cost $150.03 Unrealized +3.9%

SBAC SBA Communications 0.1%

Value ($000) $1,833 Shares 5,545 Est. Cost $280.45 Unrealized +15.6%

CUZ Cousins Properties, Inc. 0.1%

Value ($000) $1,659 Shares 44,495 Est. Cost $30.32 Unrealized —

O Realty Income 0.1%

Value ($000) $1,644 Shares 25,340 Est. Cost $51.83 Unrealized +3.8%

HLT Hilton, Inc. 0.1%

Value ($000) $1,442 Shares 10,912 Est. Cost $96.42 Unrealized +29.5%

— MGM Growth Properties 0.1%

Value ($000) $1,268 Shares 33,105 Est. Cost $36.76 Unrealized —

VICI Vici Properties 0.1%

Value ($000) $1,028 Shares 36,175 Est. Cost $24.21 Unrealized -0.7%

— American Campus Communities 0.0%

Value ($000) $697 Shares 14,390 Est. Cost $34.61 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLD	ProLogis Inc.	1,664,732	$208,807	10.6%	$45.61	+150.3%	COM	74340W103
EQIX	Equinix Inc.	221,274	$174,835	8.9%	$363.16	+109.9%	COM	29444U700
WELL	Welltower Inc.	1,406,177	$115,869	5.9%	$52.96	+45.0%	COM	95040Q104
EQR	Equity Residential	1,319,847	$106,802	5.4%	$41.24	+68.4%	COM	29476L107
EXR	Extra Space Storage, Inc.	583,964	$98,101	5.0%	$59.22	+150.4%	COM	30225T102
SPG	Simon Property Group, Inc.	744,889	$96,813	4.9%	$97.66	+4.7%	COM	828806109
ESS	Essex Property Trust, Inc.	293,258	$93,766	4.8%	$197.64	+39.3%	COM	297178105
CPT	Camden Property Trust	612,470	$90,321	4.6%	$75.62	+66.3%	COM	133131102
—	Duke Realty Corporation	1,811,381	$86,710	4.4%	$31.91	—	COM	264411505
INVH	Invitation Homes Inc	2,179,924	$83,557	4.2%	$23.83	+46.1%	COM	46187W107
KIM	Kimco Realty Corp.	3,705,009	$76,879	3.9%	$13.62	+29.0%	COM	49446R109
ARE	Alexandria Real Estate Equit	356,092	$68,039	3.5%	$78.77	+108.3%	COM	015271109
ELS	Equity Lifestyle Properties	750,416	$58,608	3.0%	$59.01	—	COM	29472R108
AMT	American Tower Corp.	204,698	$54,329	2.8%	$123.12	+102.0%	COM	03027X100
SUI	Sun Communities, Inc.	242,034	$44,801	2.3%	$149.99	—	COM	866674104
KRC	Kilroy Realty	643,817	$42,627	2.2%	$63.22	—	COM	49427F108
VTR	Ventas, Inc.	763,091	$42,130	2.1%	$45.94	+6.8%	COM	92276F100
CUBE	Cubesmart	821,226	$39,789	2.0%	$32.21	—	COM	229663109
AMH	American Homes 4 Rent	1,023,556	$39,017	2.0%	$28.90	—	COM	02665T306
BXP	Boston Properties, Inc.	316,961	$34,342	1.7%	$88.53	+2.0%	COM	101121101
PSA	Public Storage	112,534	$33,433	1.7%	$209.45	+22.9%	COM	74460D109
HIW	Highwoods Properties, Inc.	747,547	$32,787	1.7%	$43.12	—	COM	431284108
RHP	Ryman Hospitality Properties	347,128	$29,055	1.5%	$50.87	—	COM	78377T107
—	CoreSite Realty Corp.	181,958	$25,208	1.3%	$134.89	—	COM	21870Q105
—	Playa Hotels & Resorts	2,942,164	$24,391	1.2%	$7.50	—	COM	N70544106
XHR	Xenia Hotels & Resorts Inc	1,283,347	$22,766	1.2%	$12.99	—	COM	984017103
EGP	Eastgroup Properties	134,963	$22,489	1.1%	$123.81	—	COM	277276101
—	Retail Opportunity Investmen	1,106,457	$19,274	1.0%	$15.71	—	COM	76131N101
—	Federal Realty Investment Tr	143,969	$16,987	0.9%	$88.85	—	COM	313747206
—	Global Medical REIT	912,855	$13,419	0.7%	$14.75	—	COM	37954A204
VRE	Mack-Cali Realty Corporation	719,948	$12,325	0.6%	$17.15	—	COM	554489104
PCH	Potlach Corp	228,152	$11,768	0.6%	$52.86	—	COM	737630103
LAMR	Lamar Advertising Co-A	89,965	$10,207	0.5%	$104.60	—	COM	512816109
JBGS	JBG Smith Properties	338,559	$10,025	0.5%	$37.92	—	COM	46590V100
ALEX	Alexander & Baldwin Inc	381,131	$8,934	0.5%	$23.44	—	COM	014491104
JLL	Jones Lang Lasalle Inc	29,300	$7,269	0.4%	$228.30	0.0%	COM	48020Q107
CCI	Crown Castle Inc	12,955	$2,245	0.1%	$150.03	+3.9%	COM	22822V101
SBAC	SBA Communications	5,545	$1,833	0.1%	$280.45	+15.6%	COM	78410G104
CUZ	Cousins Properties, Inc.	44,495	$1,659	0.1%	$30.32	—	COM	222795502
O	Realty Income	25,340	$1,644	0.1%	$51.83	+3.8%	COM	756109104
HLT	Hilton, Inc.	10,912	$1,442	0.1%	$96.42	+29.5%	COM	43300A203
—	MGM Growth Properties	33,105	$1,268	0.1%	$36.76	—	COM	55303A105
VICI	Vici Properties	36,175	$1,028	0.1%	$24.21	-0.7%	COM	925652109
—	American Campus Communities	14,390	$697	0.0%	$34.61	—	COM	024835100