Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 15, 2023

Total Value ($000): $1,235 (100.0% shares, 0.0% debt)

Holdings (44)

PLD ProLogis Inc. 16.2%

Value ($000) $200 Shares 1,779,710 Est. Cost $60.64 Unrealized +86.4%

EQIX Equinix Inc. 10.6%

Value ($000) $131 Shares 179,716 Est. Cost $371.86 Unrealized +97.9%

WELL Welltower Inc. 8.0%

Value ($000) $99 Shares 1,204,151 Est. Cost $55.90 Unrealized +39.8%

EQR Equity Residential 6.3%

Value ($000) $77 Shares 1,316,941 Est. Cost $44.21 Unrealized +32.1%

SPG Simon Property Group, Inc. 5.0%

Value ($000) $62 Shares 573,465 Est. Cost $97.84 Unrealized +5.5%

KIM Kimco Realty Corp. 4.2%

Value ($000) $52 Shares 2,974,967 Est. Cost $14.04 Unrealized +22.9%

ARE Alexandria Real Estate Equit 3.9%

Value ($000) $48 Shares 482,357 Est. Cost $105.21 Unrealized -3.1%

BXP Boston Properties, Inc. 3.5%

Value ($000) $43 Shares 728,061 Est. Cost $74.42 Unrealized -25.0%

DLR Digital Realty Trust 3.5%

Value ($000) $43 Shares 357,672 Est. Cost $115.00 Unrealized -1.2%

AMH American Homes 4 Rent 3.3%

Value ($000) $41 Shares 1,227,662 Est. Cost $25.47 Unrealized —

EXR Extra Space Storage, Inc. 3.1%

Value ($000) $38 Shares 312,060 Est. Cost $59.22 Unrealized +104.7%

ESS Essex Property Trust, Inc. 2.9%

Value ($000) $36 Shares 168,691 Est. Cost $203.90 Unrealized +4.7%

ELS Equity Lifestyle Properties 2.9%

Value ($000) $35 Shares 554,726 Est. Cost $52.14 Unrealized —

MAA Mid-America Apartment Commun 2.7%

Value ($000) $33 Shares 258,142 Est. Cost $135.27 Unrealized -2.9%

VTR Ventas, Inc. 2.6%

Value ($000) $32 Shares 760,963 Est. Cost $46.03 Unrealized -9.8%

INVH Invitation Homes Inc 2.2%

Value ($000) $27 Shares 857,988 Est. Cost $24.13 Unrealized +30.1%

BRX Brixmor Property Group 2.2%

Value ($000) $27 Shares 1,301,408 Est. Cost $0.02 Unrealized —

AVB AvalonBay Communities, Inc. 2.1%

Value ($000) $25 Shares 148,452 Est. Cost $172.04 Unrealized -1.5%

AMT American Tower Corp. 1.8%

Value ($000) $22 Shares 132,348 Est. Cost $140.22 Unrealized +19.6%

FR First Industrial Realty Trus 1.5%

Value ($000) $18 Shares 386,432 Est. Cost $14.60 Unrealized —

RHP Ryman Hospitality Properties 1.2%

Value ($000) $15 Shares 182,558 Est. Cost $54.96 Unrealized —

— Playa Hotels & Resorts 1.1%

Value ($000) $14 Shares 1,892,445 Est. Cost $7.62 Unrealized —

SBRA Sabra Health Care REIT Inc 1.1%

Value ($000) $14 Shares 971,961 Est. Cost $0.01 Unrealized —

CUBE Cubesmart 1.1%

Value ($000) $13 Shares 346,857 Est. Cost $0.04 Unrealized —

DRH DiamondRock Hospitality 1.0%

Value ($000) $12 Shares 1,543,195 Est. Cost $0.01 Unrealized —

MAR Marriott International-CL A 0.9%

Value ($000) $11 Shares 54,886 Est. Cost $149.19 Unrealized +30.1%

ALEX Alexander & Baldwin Inc 0.9%

Value ($000) $11 Shares 633,832 Est. Cost $17.48 Unrealized —

NTST Netstreit Corp 0.9%

Value ($000) $11 Shares 676,772 Est. Cost $11.16 Unrealized —

EGP Eastgroup Properties 0.7%

Value ($000) $9 Shares 52,576 Est. Cost $142.32 Unrealized —

ELME Elme Communities 0.5%

Value ($000) $7 Shares 487,293 Est. Cost $0.01 Unrealized —

CPT Camden Property Trust 0.5%

Value ($000) $6 Shares 60,688 Est. Cost $75.92 Unrealized +27.3%

VICI Vici Properties 0.4%

Value ($000) $5 Shares 163,495 Est. Cost $26.24 Unrealized +3.0%

IVT Inventrust Properties 0.4%

Value ($000) $5 Shares 198,360 Est. Cost $0.02 Unrealized —

LAMR Lamar Advertising Co-A 0.4%

Value ($000) $5 Shares 55,026 Est. Cost $103.25 Unrealized —

O Realty Income 0.2%

Value ($000) $3 Shares 52,430 Est. Cost $54.47 Unrealized -7.9%

SBAC SBA Communications 0.1%

Value ($000) $2 Shares 7,885 Est. Cost $279.67 Unrealized -23.9%

PCH Potlach Corp 0.1%

Value ($000) $2 Shares 34,354 Est. Cost $23.02 Unrealized —

— Retail Opportunity Investmen 0.1%

Value ($000) $1 Shares 103,850 Est. Cost $15.64 Unrealized —

HLT Hilton, Inc. 0.1%

Value ($000) $1 Shares 8,441 Est. Cost $105.16 Unrealized +42.7%

BNL Broadstone Net Lease 0.1%

Value ($000) $1 Shares 44,680 Est. Cost $14.24 Unrealized —

IRM Iron Mountain 0.0%

Value ($000) $0 Shares 6,708 Est. Cost $47.24 Unrealized +19.2%

SUI Sun Communities, Inc. 0.0%

Value ($000) $0 Shares 177,856 Est. Cost $0.13 Unrealized —

REXR Rexford Industrial Realty 0.0%

Value ($000) $0 Shares 175,520 Est. Cost $0.06 Unrealized —

PSA Public Storage 0.0%

Value ($000) $0 Shares 253,863 Est. Cost $269.08 Unrealized -5.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLD	ProLogis Inc.	1,779,710	$200	16.2%	$60.64	+86.4%	COM	74340W103
EQIX	Equinix Inc.	179,716	$131	10.6%	$371.86	+97.9%	COM	29444U700
WELL	Welltower Inc.	1,204,151	$99	8.0%	$55.90	+39.8%	COM	95040Q104
EQR	Equity Residential	1,316,941	$77	6.3%	$44.21	+32.1%	COM	29476L107
SPG	Simon Property Group, Inc.	573,465	$62	5.0%	$97.84	+5.5%	COM	828806109
KIM	Kimco Realty Corp.	2,974,967	$52	4.2%	$14.04	+22.9%	COM	49446R109
ARE	Alexandria Real Estate Equit	482,357	$48	3.9%	$105.21	-3.1%	COM	015271109
BXP	Boston Properties, Inc.	728,061	$43	3.5%	$74.42	-25.0%	COM	101121101
DLR	Digital Realty Trust	357,672	$43	3.5%	$115.00	-1.2%	COM	253868103
AMH	American Homes 4 Rent	1,227,662	$41	3.3%	$25.47	—	COM	02665T306
EXR	Extra Space Storage, Inc.	312,060	$38	3.1%	$59.22	+104.7%	COM	30225T102
ESS	Essex Property Trust, Inc.	168,691	$36	2.9%	$203.90	+4.7%	COM	297178105
ELS	Equity Lifestyle Properties	554,726	$35	2.9%	$52.14	—	COM	29472R108
MAA	Mid-America Apartment Commun	258,142	$33	2.7%	$135.27	-2.9%	COM	59522J103
VTR	Ventas, Inc.	760,963	$32	2.6%	$46.03	-9.8%	COM	92276F100
INVH	Invitation Homes Inc	857,988	$27	2.2%	$24.13	+30.1%	COM	46187W107
BRX	Brixmor Property Group	1,301,408	$27	2.2%	$0.02	—	COM	11120U105
AVB	AvalonBay Communities, Inc.	148,452	$25	2.1%	$172.04	-1.5%	COM	053484101
AMT	American Tower Corp.	132,348	$22	1.8%	$140.22	+19.6%	COM	03027X100
FR	First Industrial Realty Trus	386,432	$18	1.5%	$14.60	—	COM	32054K103
RHP	Ryman Hospitality Properties	182,558	$15	1.2%	$54.96	—	COM	78377T107
—	Playa Hotels & Resorts	1,892,445	$14	1.1%	$7.62	—	COM	N70544106
SBRA	Sabra Health Care REIT Inc	971,961	$14	1.1%	$0.01	—	COM	78573L106
CUBE	Cubesmart	346,857	$13	1.1%	$0.04	—	COM	229663109
DRH	DiamondRock Hospitality	1,543,195	$12	1.0%	$0.01	—	COM	252784301
MAR	Marriott International-CL A	54,886	$11	0.9%	$149.19	+30.1%	COM	571903202
ALEX	Alexander & Baldwin Inc	633,832	$11	0.9%	$17.48	—	COM	014491104
NTST	Netstreit Corp	676,772	$11	0.9%	$11.16	—	COM	64119V303
EGP	Eastgroup Properties	52,576	$9	0.7%	$142.32	—	COM	277276101
ELME	Elme Communities	487,293	$7	0.5%	$0.01	—	COM	939653101
CPT	Camden Property Trust	60,688	$6	0.5%	$75.92	+27.3%	COM	133131102
VICI	Vici Properties	163,495	$5	0.4%	$26.24	+3.0%	COM	925652109
IVT	Inventrust Properties	198,360	$5	0.4%	$0.02	—	COM	46124J201
LAMR	Lamar Advertising Co-A	55,026	$5	0.4%	$103.25	—	COM	512816109
O	Realty Income	52,430	$3	0.2%	$54.47	-7.9%	COM	756109104
SBAC	SBA Communications	7,885	$2	0.1%	$279.67	-23.9%	COM	78410G104
PCH	Potlach Corp	34,354	$2	0.1%	$23.02	—	COM	737630103
—	Retail Opportunity Investmen	103,850	$1	0.1%	$15.64	—	COM	76131N101
HLT	Hilton, Inc.	8,441	$1	0.1%	$105.16	+42.7%	COM	43300A203
BNL	Broadstone Net Lease	44,680	$1	0.1%	$14.24	—	COM	11135E203
IRM	Iron Mountain	6,708	$0	0.0%	$47.24	+19.2%	COM	46284V101
SUI	Sun Communities, Inc.	177,856	$0	0.0%	$0.13	—	COM	866674104
REXR	Rexford Industrial Realty	175,520	$0	0.0%	$0.06	—	COM	76169C100
PSA	Public Storage	253,863	$0	0.0%	$269.08	-5.7%	COM	74460D109