Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 15, 2024

Total Value ($000): $1,443 (100.0% shares, 0.0% debt)

Holdings (44)

PLD ProLogis Inc. 15.3%

Value ($000) $221 Shares 1,659,810 Est. Cost $60.64 Unrealized +74.2%

EQIX Equinix Inc. 10.0%

Value ($000) $144 Shares 179,025 Est. Cost $371.86 Unrealized +97.3%

WELL Welltower Inc. 8.1%

Value ($000) $117 Shares 1,297,493 Est. Cost $57.85 Unrealized +43.5%

PSA Public Storage 5.7%

Value ($000) $83 Shares 271,038 Est. Cost $267.42 Unrealized -9.2%

EQR Equity Residential 5.3%

Value ($000) $76 Shares 1,244,842 Est. Cost $44.21 Unrealized +19.5%

DLR Digital Realty Trust 5.0%

Value ($000) $72 Shares 535,295 Est. Cost $116.86 Unrealized +3.2%

AVB AvalonBay Communities, Inc. 4.7%

Value ($000) $68 Shares 360,964 Est. Cost $165.86 Unrealized -2.6%

KIM Kimco Realty Corp. 4.1%

Value ($000) $60 Shares 2,802,088 Est. Cost $14.04 Unrealized +21.2%

ARE Alexandria Real Estate Equit 4.0%

Value ($000) $57 Shares 452,465 Est. Cost $105.21 Unrealized -9.1%

EXR Extra Space Storage, Inc. 3.7%

Value ($000) $54 Shares 333,953 Est. Cost $62.92 Unrealized +83.8%

BXP Boston Properties, Inc. 3.7%

Value ($000) $53 Shares 755,866 Est. Cost $73.61 Unrealized -28.8%

AMH American Homes 4 Rent 2.9%

Value ($000) $41 Shares 1,145,102 Est. Cost $25.47 Unrealized —

VTR Ventas, Inc. 2.6%

Value ($000) $37 Shares 740,984 Est. Cost $46.03 Unrealized -9.3%

SUI Sun Communities, Inc. 2.5%

Value ($000) $36 Shares 271,508 Est. Cost $0.13 Unrealized —

MAA Mid-America Apartment Commun 2.2%

Value ($000) $32 Shares 234,952 Est. Cost $135.27 Unrealized -13.7%

BRX Brixmor Property Group 2.0%

Value ($000) $28 Shares 1,223,332 Est. Cost $0.02 Unrealized —

ELS Equity Lifestyle Properties 2.0%

Value ($000) $28 Shares 401,890 Est. Cost $52.14 Unrealized —

INVH Invitation Homes Inc 1.9%

Value ($000) $28 Shares 816,658 Est. Cost $24.13 Unrealized +24.3%

AMT American Tower Corp. 1.6%

Value ($000) $23 Shares 107,157 Est. Cost $140.22 Unrealized +24.9%

FR First Industrial Realty Trus 1.5%

Value ($000) $22 Shares 419,342 Est. Cost $13.46 Unrealized —

DRH DiamondRock Hospitality 1.3%

Value ($000) $19 Shares 1,988,777 Est. Cost $0.01 Unrealized —

RHP Ryman Hospitality Properties 1.2%

Value ($000) $17 Shares 156,150 Est. Cost $54.96 Unrealized —

EGP Eastgroup Properties 1.1%

Value ($000) $16 Shares 89,426 Est. Cost $83.75 Unrealized —

— Playa Hotels & Resorts 1.0%

Value ($000) $15 Shares 1,698,680 Est. Cost $7.62 Unrealized —

ESS Essex Property Trust, Inc. 0.9%

Value ($000) $13 Shares 53,639 Est. Cost $203.90 Unrealized -0.4%

WPC WP Carey 0.8%

Value ($000) $12 Shares 189,053 Est. Cost $0.06 Unrealized —

OHI Omega Healthcare Investors 0.8%

Value ($000) $12 Shares 399,212 Est. Cost $0.03 Unrealized —

ALEX Alexander & Baldwin Inc 0.7%

Value ($000) $10 Shares 544,666 Est. Cost $17.48 Unrealized —

MAR Marriott International-CL A 0.7%

Value ($000) $10 Shares 44,060 Est. Cost $149.19 Unrealized +33.1%

IVT Inventrust Properties 0.6%

Value ($000) $9 Shares 348,435 Est. Cost $0.02 Unrealized —

ELME Elme Communities 0.6%

Value ($000) $9 Shares 596,900 Est. Cost $0.01 Unrealized —

LAMR Lamar Advertising Co-A 0.4%

Value ($000) $6 Shares 60,117 Est. Cost $94.51 Unrealized —

VICI Vici Properties 0.4%

Value ($000) $5 Shares 169,977 Est. Cost $26.23 Unrealized -1.2%

SBAC SBA Communications 0.1%

Value ($000) $2 Shares 8,355 Est. Cost $276.07 Unrealized -21.9%

PCH Potlach Corp 0.1%

Value ($000) $2 Shares 31,744 Est. Cost $23.02 Unrealized —

HLT Hilton, Inc. 0.1%

Value ($000) $1 Shares 7,511 Est. Cost $105.16 Unrealized +54.3%

O Realty Income 0.1%

Value ($000) $1 Shares 18,965 Est. Cost $54.47 Unrealized -14.7%

IRM Iron Mountain 0.1%

Value ($000) $1 Shares 14,044 Est. Cost $53.08 Unrealized +10.1%

BNL Broadstone Net Lease 0.0%

Value ($000) $1 Shares 37,401 Est. Cost $14.24 Unrealized —

CUBE Cubesmart 0.0%

Value ($000) $1 Shares 12,789 Est. Cost $0.04 Unrealized —

DOC Healthpeak Properties 0.0%

Value ($000) $0 Shares 439 Est. Cost $15.38 Unrealized 0.0%

NTST Netstreit Corp 0.0%

Value ($000) $0 Shares 100 Est. Cost $11.16 Unrealized —

SPG Simon Property Group, Inc. 0.0%

Value ($000) $0 Shares 594,591 Est. Cost $98.21 Unrealized +10.3%

REXR Rexford Industrial Realty 0.0%

Value ($000) $0 Shares 189,880 Est. Cost $0.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLD	ProLogis Inc.	1,659,810	$221	15.3%	$60.64	+74.2%	COM	74340W103
EQIX	Equinix Inc.	179,025	$144	10.0%	$371.86	+97.3%	COM	29444U700
WELL	Welltower Inc.	1,297,493	$117	8.1%	$57.85	+43.5%	COM	95040Q104
PSA	Public Storage	271,038	$83	5.7%	$267.42	-9.2%	COM	74460D109
EQR	Equity Residential	1,244,842	$76	5.3%	$44.21	+19.5%	COM	29476L107
DLR	Digital Realty Trust	535,295	$72	5.0%	$116.86	+3.2%	COM	253868103
AVB	AvalonBay Communities, Inc.	360,964	$68	4.7%	$165.86	-2.6%	COM	053484101
KIM	Kimco Realty Corp.	2,802,088	$60	4.1%	$14.04	+21.2%	COM	49446R109
ARE	Alexandria Real Estate Equit	452,465	$57	4.0%	$105.21	-9.1%	COM	015271109
EXR	Extra Space Storage, Inc.	333,953	$54	3.7%	$62.92	+83.8%	COM	30225T102
BXP	Boston Properties, Inc.	755,866	$53	3.7%	$73.61	-28.8%	COM	101121101
AMH	American Homes 4 Rent	1,145,102	$41	2.9%	$25.47	—	COM	02665T306
VTR	Ventas, Inc.	740,984	$37	2.6%	$46.03	-9.3%	COM	92276F100
SUI	Sun Communities, Inc.	271,508	$36	2.5%	$0.13	—	COM	866674104
MAA	Mid-America Apartment Commun	234,952	$32	2.2%	$135.27	-13.7%	COM	59522J103
BRX	Brixmor Property Group	1,223,332	$28	2.0%	$0.02	—	COM	11120U105
ELS	Equity Lifestyle Properties	401,890	$28	2.0%	$52.14	—	COM	29472R108
INVH	Invitation Homes Inc	816,658	$28	1.9%	$24.13	+24.3%	COM	46187W107
AMT	American Tower Corp.	107,157	$23	1.6%	$140.22	+24.9%	COM	03027X100
FR	First Industrial Realty Trus	419,342	$22	1.5%	$13.46	—	COM	32054K103
DRH	DiamondRock Hospitality	1,988,777	$19	1.3%	$0.01	—	COM	252784301
RHP	Ryman Hospitality Properties	156,150	$17	1.2%	$54.96	—	COM	78377T107
EGP	Eastgroup Properties	89,426	$16	1.1%	$83.75	—	COM	277276101
—	Playa Hotels & Resorts	1,698,680	$15	1.0%	$7.62	—	COM	N70544106
ESS	Essex Property Trust, Inc.	53,639	$13	0.9%	$203.90	-0.4%	COM	297178105
WPC	WP Carey	189,053	$12	0.8%	$0.06	—	COM	92936U109
OHI	Omega Healthcare Investors	399,212	$12	0.8%	$0.03	—	COM	681936100
ALEX	Alexander & Baldwin Inc	544,666	$10	0.7%	$17.48	—	COM	014491104
MAR	Marriott International-CL A	44,060	$10	0.7%	$149.19	+33.1%	COM	571903202
IVT	Inventrust Properties	348,435	$9	0.6%	$0.02	—	COM	46124J201
ELME	Elme Communities	596,900	$9	0.6%	$0.01	—	COM	939653101
LAMR	Lamar Advertising Co-A	60,117	$6	0.4%	$94.51	—	COM	512816109
VICI	Vici Properties	169,977	$5	0.4%	$26.23	-1.2%	COM	925652109
SBAC	SBA Communications	8,355	$2	0.1%	$276.07	-21.9%	COM	78410G104
PCH	Potlach Corp	31,744	$2	0.1%	$23.02	—	COM	737630103
HLT	Hilton, Inc.	7,511	$1	0.1%	$105.16	+54.3%	COM	43300A203
O	Realty Income	18,965	$1	0.1%	$54.47	-14.7%	COM	756109104
IRM	Iron Mountain	14,044	$1	0.1%	$53.08	+10.1%	COM	46284V101
BNL	Broadstone Net Lease	37,401	$1	0.0%	$14.24	—	COM	11135E203
CUBE	Cubesmart	12,789	$1	0.0%	$0.04	—	COM	229663109
DOC	Healthpeak Properties	439	$0	0.0%	$15.38	0.0%	COM	42250P103
NTST	Netstreit Corp	100	$0	0.0%	$11.16	—	COM	64119V303
SPG	Simon Property Group, Inc.	594,591	$0	0.0%	$98.21	+10.3%	COM	828806109
REXR	Rexford Industrial Realty	189,880	$0	0.0%	$0.06	—	COM	76169C100