Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $1,136 (100.0% shares, 0.0% debt)

Holdings (45)

EQIX Equinix Inc. 12.1%

Value ($000) $138 Shares 175,520 Est. Cost $363.16 Unrealized +90.7%

WELL Welltower Inc. 8.2%

Value ($000) $93 Shares 1,155,055 Est. Cost $54.95 Unrealized +32.2%

EQR Equity Residential 7.7%

Value ($000) $88 Shares 1,328,961 Est. Cost $44.21 Unrealized +26.5%

PSA Public Storage 7.0%

Value ($000) $80 Shares 273,468 Est. Cost $269.08 Unrealized -3.0%

KIM Kimco Realty Corp. 5.5%

Value ($000) $63 Shares 3,175,932 Est. Cost $14.04 Unrealized +17.8%

EXR Extra Space Storage, Inc. 4.8%

Value ($000) $54 Shares 365,373 Est. Cost $59.22 Unrealized +125.8%

ELS Equity Lifestyle Properties 4.2%

Value ($000) $48 Shares 712,226 Est. Cost $52.14 Unrealized —

ESS Essex Property Trust, Inc. 4.2%

Value ($000) $47 Shares 202,207 Est. Cost $203.90 Unrealized -3.3%

AMH American Homes 4 Rent 4.0%

Value ($000) $45 Shares 1,274,864 Est. Cost $25.47 Unrealized —

ARE Alexandria Real Estate Equit 3.8%

Value ($000) $44 Shares 384,989 Est. Cost $106.03 Unrealized -2.5%

VTR Ventas, Inc. 3.3%

Value ($000) $38 Shares 799,800 Est. Cost $46.03 Unrealized -10.1%

BXP Boston Properties, Inc. 3.3%

Value ($000) $38 Shares 656,055 Est. Cost $76.46 Unrealized -41.7%

CPT Camden Property Trust 3.3%

Value ($000) $37 Shares 340,913 Est. Cost $75.92 Unrealized +27.8%

INVH Invitation Homes Inc 2.7%

Value ($000) $30 Shares 881,547 Est. Cost $24.13 Unrealized +25.5%

BRX Brixmor Property Group 2.4%

Value ($000) $27 Shares 1,249,939 Est. Cost $0.02 Unrealized —

RHP Ryman Hospitality Properties 2.2%

Value ($000) $25 Shares 265,130 Est. Cost $54.96 Unrealized —

AVB AvalonBay Communities, Inc. 2.0%

Value ($000) $23 Shares 120,451 Est. Cost $172.63 Unrealized -6.0%

DLR Digital Realty Trust 1.9%

Value ($000) $21 Shares 188,588 Est. Cost $116.26 Unrealized -22.1%

MAA Mid-America Apartment Commun 1.8%

Value ($000) $20 Shares 134,392 Est. Cost $138.88 Unrealized -2.5%

SBRA Sabra Health Care REIT Inc 1.7%

Value ($000) $20 Shares 1,682,193 Est. Cost $0.01 Unrealized —

AMT American Tower Corp. 1.7%

Value ($000) $20 Shares 101,055 Est. Cost $131.73 Unrealized +35.2%

— Playa Hotels & Resorts 1.4%

Value ($000) $16 Shares 1,924,532 Est. Cost $7.62 Unrealized —

REXR Rexford Industrial Realty 1.4%

Value ($000) $16 Shares 298,836 Est. Cost $0.06 Unrealized —

MAR Marriott International-CL A 1.3%

Value ($000) $15 Shares 81,199 Est. Cost $149.19 Unrealized +13.2%

CBRE CBRE Group 1.3%

Value ($000) $15 Shares 180,588 Est. Cost $74.87 Unrealized 0.0%

NTST Netstreit Corp 1.1%

Value ($000) $12 Shares 673,613 Est. Cost $11.16 Unrealized —

ALEX Alexander & Baldwin Inc 1.0%

Value ($000) $11 Shares 599,866 Est. Cost $18.46 Unrealized —

EGP Eastgroup Properties 1.0%

Value ($000) $11 Shares 62,550 Est. Cost $142.32 Unrealized —

CUBE Cubesmart 0.8%

Value ($000) $10 Shares 216,000 Est. Cost $0.04 Unrealized —

FR First Industrial Realty Trus 0.6%

Value ($000) $7 Shares 137,329 Est. Cost $41.01 Unrealized —

LAMR Lamar Advertising Co-A 0.5%

Value ($000) $6 Shares 57,880 Est. Cost $103.25 Unrealized —

VICI Vici Properties 0.4%

Value ($000) $5 Shares 158,835 Est. Cost $26.22 Unrealized +5.3%

SUI Sun Communities, Inc. 0.3%

Value ($000) $4 Shares 29,982 Est. Cost $0.13 Unrealized —

O Realty Income 0.3%

Value ($000) $4 Shares 59,140 Est. Cost $54.47 Unrealized -3.5%

SBAC SBA Communications 0.1%

Value ($000) $2 Shares 7,185 Est. Cost $286.19 Unrealized -20.4%

CCI Crown Castle Inc 0.1%

Value ($000) $1 Shares 11,720 Est. Cost $138.13 Unrealized -25.9%

HLT Hilton, Inc. 0.1%

Value ($000) $1 Shares 8,621 Est. Cost $105.16 Unrealized +34.4%

PCH Potlach Corp 0.1%

Value ($000) $1 Shares 21,380 Est. Cost $36.95 Unrealized —

— Life Storage Inc 0.1%

Value ($000) $1 Shares 5,450 Est. Cost $0.13 Unrealized —

DRH DiamondRock Hospitality 0.1%

Value ($000) $1 Shares 77,365 Est. Cost $0.01 Unrealized —

IRM Iron Mountain 0.0%

Value ($000) $1 Shares 9,625 Est. Cost $47.24 Unrealized +5.7%

BNL Broadstone Net Lease 0.0%

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

PLD ProLogis Inc. 0.0%

Value ($000) $0 Shares 1,787,097 Est. Cost $60.64 Unrealized +86.1%

— Retail Opportunity Investmen 0.0%

Value ($000) $0 Shares 375,245 Est. Cost $15.64 Unrealized —

SPG Simon Property Group, Inc. 0.0%

Value ($000) $0 Shares 561,653 Est. Cost $97.73 Unrealized -3.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EQIX	Equinix Inc.	175,520	$138	12.1%	$363.16	+90.7%	COM	29444U700
WELL	Welltower Inc.	1,155,055	$93	8.2%	$54.95	+32.2%	COM	95040Q104
EQR	Equity Residential	1,328,961	$88	7.7%	$44.21	+26.5%	COM	29476L107
PSA	Public Storage	273,468	$80	7.0%	$269.08	-3.0%	COM	74460D109
KIM	Kimco Realty Corp.	3,175,932	$63	5.5%	$14.04	+17.8%	COM	49446R109
EXR	Extra Space Storage, Inc.	365,373	$54	4.8%	$59.22	+125.8%	COM	30225T102
ELS	Equity Lifestyle Properties	712,226	$48	4.2%	$52.14	—	COM	29472R108
ESS	Essex Property Trust, Inc.	202,207	$47	4.2%	$203.90	-3.3%	COM	297178105
AMH	American Homes 4 Rent	1,274,864	$45	4.0%	$25.47	—	COM	02665T306
ARE	Alexandria Real Estate Equit	384,989	$44	3.8%	$106.03	-2.5%	COM	015271109
VTR	Ventas, Inc.	799,800	$38	3.3%	$46.03	-10.1%	COM	92276F100
BXP	Boston Properties, Inc.	656,055	$38	3.3%	$76.46	-41.7%	COM	101121101
CPT	Camden Property Trust	340,913	$37	3.3%	$75.92	+27.8%	COM	133131102
INVH	Invitation Homes Inc	881,547	$30	2.7%	$24.13	+25.5%	COM	46187W107
BRX	Brixmor Property Group	1,249,939	$27	2.4%	$0.02	—	COM	11120U105
RHP	Ryman Hospitality Properties	265,130	$25	2.2%	$54.96	—	COM	78377T107
AVB	AvalonBay Communities, Inc.	120,451	$23	2.0%	$172.63	-6.0%	COM	053484101
DLR	Digital Realty Trust	188,588	$21	1.9%	$116.26	-22.1%	COM	253868103
MAA	Mid-America Apartment Commun	134,392	$20	1.8%	$138.88	-2.5%	COM	59522J103
SBRA	Sabra Health Care REIT Inc	1,682,193	$20	1.7%	$0.01	—	COM	78573L106
AMT	American Tower Corp.	101,055	$20	1.7%	$131.73	+35.2%	COM	03027X100
—	Playa Hotels & Resorts	1,924,532	$16	1.4%	$7.62	—	COM	N70544106
REXR	Rexford Industrial Realty	298,836	$16	1.4%	$0.06	—	COM	76169C100
MAR	Marriott International-CL A	81,199	$15	1.3%	$149.19	+13.2%	COM	571903202
CBRE	CBRE Group	180,588	$15	1.3%	$74.87	0.0%	COM	12504L109
NTST	Netstreit Corp	673,613	$12	1.1%	$11.16	—	COM	64119V303
ALEX	Alexander & Baldwin Inc	599,866	$11	1.0%	$18.46	—	COM	014491104
EGP	Eastgroup Properties	62,550	$11	1.0%	$142.32	—	COM	277276101
CUBE	Cubesmart	216,000	$10	0.8%	$0.04	—	COM	229663109
FR	First Industrial Realty Trus	137,329	$7	0.6%	$41.01	—	COM	32054K103
LAMR	Lamar Advertising Co-A	57,880	$6	0.5%	$103.25	—	COM	512816109
VICI	Vici Properties	158,835	$5	0.4%	$26.22	+5.3%	COM	925652109
SUI	Sun Communities, Inc.	29,982	$4	0.3%	$0.13	—	COM	866674104
O	Realty Income	59,140	$4	0.3%	$54.47	-3.5%	COM	756109104
SBAC	SBA Communications	7,185	$2	0.1%	$286.19	-20.4%	COM	78410G104
CCI	Crown Castle Inc	11,720	$1	0.1%	$138.13	-25.9%	COM	22822V101
HLT	Hilton, Inc.	8,621	$1	0.1%	$105.16	+34.4%	COM	43300A203
PCH	Potlach Corp	21,380	$1	0.1%	$36.95	—	COM	737630103
—	Life Storage Inc	5,450	$1	0.1%	$0.13	—	COM	53223X107
DRH	DiamondRock Hospitality	77,365	$1	0.1%	$0.01	—	COM	252784301
IRM	Iron Mountain	9,625	$1	0.0%	$47.24	+5.7%	COM	46284V101
BNL	Broadstone Net Lease	34,315	$1	0.0%	$18.54	—	COM	11135E203
PLD	ProLogis Inc.	1,787,097	$0	0.0%	$60.64	+86.1%	COM	74340W103
—	Retail Opportunity Investmen	375,245	$0	0.0%	$15.64	—	COM	76131N101
SPG	Simon Property Group, Inc.	561,653	$0	0.0%	$97.73	-3.4%	COM	828806109