Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 16, 2023

Total Value ($000): $1,145 (100.0% shares, 0.0% debt)

Holdings (44)

EQIX Equinix Inc. 11.0%

Value ($000) $125 Shares 173,834 Est. Cost $363.16 Unrealized +82.4%

PSA Public Storage 7.5%

Value ($000) $86 Shares 283,241 Est. Cost $269.08 Unrealized -3.2%

WELL Welltower Inc. 7.5%

Value ($000) $85 Shares 1,191,961 Est. Cost $54.95 Unrealized +23.4%

EQR Equity Residential 6.9%

Value ($000) $79 Shares 1,318,575 Est. Cost $44.21 Unrealized +22.8%

EXR Extra Space Storage, Inc. 6.0%

Value ($000) $69 Shares 424,064 Est. Cost $59.22 Unrealized +133.5%

KIM Kimco Realty Corp. 5.9%

Value ($000) $67 Shares 3,438,693 Est. Cost $14.04 Unrealized +27.1%

ESS Essex Property Trust, Inc. 5.1%

Value ($000) $59 Shares 281,667 Est. Cost $203.90 Unrealized -3.6%

ELS Equity Lifestyle Properties 4.4%

Value ($000) $51 Shares 753,958 Est. Cost $52.14 Unrealized —

CPT Camden Property Trust 4.2%

Value ($000) $48 Shares 454,832 Est. Cost $75.92 Unrealized +33.9%

ARE Alexandria Real Estate Equit 4.0%

Value ($000) $46 Shares 363,866 Est. Cost $106.18 Unrealized +18.9%

AMH American Homes 4 Rent 3.9%

Value ($000) $45 Shares 1,417,073 Est. Cost $25.47 Unrealized —

BXP Boston Properties, Inc. 3.6%

Value ($000) $41 Shares 755,772 Est. Cost $76.46 Unrealized -28.2%

VTR Ventas, Inc. 2.7%

Value ($000) $31 Shares 724,386 Est. Cost $46.51 Unrealized -6.3%

INVH Invitation Homes Inc 2.7%

Value ($000) $31 Shares 994,957 Est. Cost $24.13 Unrealized +16.8%

RHP Ryman Hospitality Properties 2.2%

Value ($000) $26 Shares 286,509 Est. Cost $54.96 Unrealized —

AMT American Tower Corp. 2.1%

Value ($000) $24 Shares 119,612 Est. Cost $131.73 Unrealized +43.9%

BRX Brixmor Property Group 1.9%

Value ($000) $22 Shares 1,020,755 Est. Cost $0.02 Unrealized —

DLR Digital Realty Trust 1.9%

Value ($000) $22 Shares 219,821 Est. Cost $116.26 Unrealized -18.0%

— Playa Hotels & Resorts 1.8%

Value ($000) $21 Shares 2,162,455 Est. Cost $7.62 Unrealized —

AVB AvalonBay Communities, Inc. 1.8%

Value ($000) $20 Shares 121,942 Est. Cost $172.63 Unrealized -11.1%

MAA Mid-America Apartment Commun 1.6%

Value ($000) $19 Shares 124,217 Est. Cost $139.17 Unrealized +1.7%

MAR Marriott International-CL A 1.4%

Value ($000) $16 Shares 95,702 Est. Cost $149.19 Unrealized +8.4%

— Life Storage Inc 1.2%

Value ($000) $14 Shares 105,730 Est. Cost $0.13 Unrealized —

REXR Rexford Industrial Realty 1.1%

Value ($000) $13 Shares 211,383 Est. Cost $0.06 Unrealized —

NTST Netstreit Corp 1.1%

Value ($000) $12 Shares 658,792 Est. Cost $11.41 Unrealized —

ALEX Alexander & Baldwin Inc 1.0%

Value ($000) $11 Shares 603,489 Est. Cost $18.46 Unrealized —

HR Healthcare Realty Trust 0.9%

Value ($000) $11 Shares 560,366 Est. Cost $20.85 Unrealized —

EGP Eastgroup Properties 0.9%

Value ($000) $10 Shares 62,123 Est. Cost $142.32 Unrealized —

LAMR Lamar Advertising Co-A 0.8%

Value ($000) $9 Shares 90,910 Est. Cost $103.25 Unrealized —

SBRA Sabra Health Care REIT Inc 0.7%

Value ($000) $8 Shares 716,956 Est. Cost $0.01 Unrealized —

FR First Industrial Realty Trus 0.6%

Value ($000) $7 Shares 136,590 Est. Cost $41.01 Unrealized —

VICI Vici Properties 0.4%

Value ($000) $5 Shares 156,630 Est. Cost $26.20 Unrealized +7.3%

O Realty Income 0.3%

Value ($000) $4 Shares 57,890 Est. Cost $54.51 Unrealized +1.2%

SBAC SBA Communications 0.2%

Value ($000) $2 Shares 7,185 Est. Cost $286.19 Unrealized -8.8%

CCI Crown Castle Inc 0.1%

Value ($000) $2 Shares 11,765 Est. Cost $138.13 Unrealized -14.9%

HLT Hilton, Inc. 0.1%

Value ($000) $1 Shares 7,201 Est. Cost $98.04 Unrealized +42.4%

PCH Potlach Corp 0.1%

Value ($000) $1 Shares 19,260 Est. Cost $41.02 Unrealized —

CUZ Cousins Properties, Inc. 0.1%

Value ($000) $1 Shares 34,490 Est. Cost $21.84 Unrealized —

IHS IHS Holdings LTD 0.1%

Value ($000) $1 Shares 74,340 Est. Cost $15.03 Unrealized -50.3%

IRM Iron Mountain 0.1%

Value ($000) $1 Shares 11,405 Est. Cost $47.24 Unrealized 0.0%

BNL Broadstone Net Lease 0.1%

Value ($000) $1 Shares 34,315 Est. Cost $18.54 Unrealized —

SPG Simon Property Group, Inc. 0.0%

Value ($000) $0 Shares 574,155 Est. Cost $97.73 Unrealized +4.3%

PLD ProLogis Inc. 0.0%

Value ($000) $0 Shares 1,920,037 Est. Cost $60.64 Unrealized +84.6%

— Retail Opportunity Investmen 0.0%

Value ($000) $0 Shares 780,665 Est. Cost $15.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EQIX	Equinix Inc.	173,834	$125	11.0%	$363.16	+82.4%	COM	29444U700
PSA	Public Storage	283,241	$86	7.5%	$269.08	-3.2%	COM	74460D109
WELL	Welltower Inc.	1,191,961	$85	7.5%	$54.95	+23.4%	COM	95040Q104
EQR	Equity Residential	1,318,575	$79	6.9%	$44.21	+22.8%	COM	29476L107
EXR	Extra Space Storage, Inc.	424,064	$69	6.0%	$59.22	+133.5%	COM	30225T102
KIM	Kimco Realty Corp.	3,438,693	$67	5.9%	$14.04	+27.1%	COM	49446R109
ESS	Essex Property Trust, Inc.	281,667	$59	5.1%	$203.90	-3.6%	COM	297178105
ELS	Equity Lifestyle Properties	753,958	$51	4.4%	$52.14	—	COM	29472R108
CPT	Camden Property Trust	454,832	$48	4.2%	$75.92	+33.9%	COM	133131102
ARE	Alexandria Real Estate Equit	363,866	$46	4.0%	$106.18	+18.9%	COM	015271109
AMH	American Homes 4 Rent	1,417,073	$45	3.9%	$25.47	—	COM	02665T306
BXP	Boston Properties, Inc.	755,772	$41	3.6%	$76.46	-28.2%	COM	101121101
VTR	Ventas, Inc.	724,386	$31	2.7%	$46.51	-6.3%	COM	92276F100
INVH	Invitation Homes Inc	994,957	$31	2.7%	$24.13	+16.8%	COM	46187W107
RHP	Ryman Hospitality Properties	286,509	$26	2.2%	$54.96	—	COM	78377T107
AMT	American Tower Corp.	119,612	$24	2.1%	$131.73	+43.9%	COM	03027X100
BRX	Brixmor Property Group	1,020,755	$22	1.9%	$0.02	—	COM	11120U105
DLR	Digital Realty Trust	219,821	$22	1.9%	$116.26	-18.0%	COM	253868103
—	Playa Hotels & Resorts	2,162,455	$21	1.8%	$7.62	—	COM	N70544106
AVB	AvalonBay Communities, Inc.	121,942	$20	1.8%	$172.63	-11.1%	COM	053484101
MAA	Mid-America Apartment Commun	124,217	$19	1.6%	$139.17	+1.7%	COM	59522J103
MAR	Marriott International-CL A	95,702	$16	1.4%	$149.19	+8.4%	COM	571903202
—	Life Storage Inc	105,730	$14	1.2%	$0.13	—	COM	53223X107
REXR	Rexford Industrial Realty	211,383	$13	1.1%	$0.06	—	COM	76169C100
NTST	Netstreit Corp	658,792	$12	1.1%	$11.41	—	COM	64119V303
ALEX	Alexander & Baldwin Inc	603,489	$11	1.0%	$18.46	—	COM	014491104
HR	Healthcare Realty Trust	560,366	$11	0.9%	$20.85	—	COM	42226K105
EGP	Eastgroup Properties	62,123	$10	0.9%	$142.32	—	COM	277276101
LAMR	Lamar Advertising Co-A	90,910	$9	0.8%	$103.25	—	COM	512816109
SBRA	Sabra Health Care REIT Inc	716,956	$8	0.7%	$0.01	—	COM	78573L106
FR	First Industrial Realty Trus	136,590	$7	0.6%	$41.01	—	COM	32054K103
VICI	Vici Properties	156,630	$5	0.4%	$26.20	+7.3%	COM	925652109
O	Realty Income	57,890	$4	0.3%	$54.51	+1.2%	COM	756109104
SBAC	SBA Communications	7,185	$2	0.2%	$286.19	-8.8%	COM	78410G104
CCI	Crown Castle Inc	11,765	$2	0.1%	$138.13	-14.9%	COM	22822V101
HLT	Hilton, Inc.	7,201	$1	0.1%	$98.04	+42.4%	COM	43300A203
PCH	Potlach Corp	19,260	$1	0.1%	$41.02	—	COM	737630103
CUZ	Cousins Properties, Inc.	34,490	$1	0.1%	$21.84	—	COM	222795502
IHS	IHS Holdings LTD	74,340	$1	0.1%	$15.03	-50.3%	COM	G4701H109
IRM	Iron Mountain	11,405	$1	0.1%	$47.24	0.0%	COM	46284V101
BNL	Broadstone Net Lease	34,315	$1	0.1%	$18.54	—	COM	11135E203
SPG	Simon Property Group, Inc.	574,155	$0	0.0%	$97.73	+4.3%	COM	828806109
PLD	ProLogis Inc.	1,920,037	$0	0.0%	$60.64	+84.6%	COM	74340W103
—	Retail Opportunity Investmen	780,665	$0	0.0%	$15.64	—	COM	76131N101