Adelante Capital Management LLC Concentrated Active

CIK: 0001067926 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 16, 2025

Total Value ($000): $1,321 (100.0% shares, 0.0% debt)

Holdings (41)

WELL Welltower Inc. 11.2%

Value ($000) $148 Shares 963,730 Est. Cost $58.23 Unrealized +140.9%

PLD ProLogis Inc. 10.2%

Value ($000) $135 Shares 1,205,055 Est. Cost $61.94 Unrealized +80.6%

EQIX Equinix Inc. 8.8%

Value ($000) $117 Shares 143,114 Est. Cost $389.34 Unrealized +126.1%

AVB AvalonBay Communities, Inc. 5.6%

Value ($000) $74 Shares 344,822 Est. Cost $167.85 Unrealized +24.9%

EQR Equity Residential 5.0%

Value ($000) $67 Shares 929,789 Est. Cost $44.48 Unrealized +52.3%

SPG Simon Property Group, Inc. 4.9%

Value ($000) $64 Shares 386,479 Est. Cost $101.91 Unrealized +63.7%

DLR Digital Realty Trust 4.6%

Value ($000) $61 Shares 427,306 Est. Cost $122.02 Unrealized +29.5%

O Realty Income 3.8%

Value ($000) $50 Shares 860,671 Est. Cost $52.43 Unrealized +0.3%

VICI Vici Properties 3.5%

Value ($000) $46 Shares 1,424,836 Est. Cost $28.86 Unrealized +1.0%

KIM Kimco Realty Corp. 3.5%

Value ($000) $46 Shares 2,163,571 Est. Cost $16.16 Unrealized +29.2%

ELS Equity Lifestyle Properties 3.2%

Value ($000) $42 Shares 634,637 Est. Cost $29.99 Unrealized —

AMH American Homes 4 Rent 2.6%

Value ($000) $35 Shares 913,578 Est. Cost $19.22 Unrealized —

VTR Ventas, Inc. 2.5%

Value ($000) $34 Shares 488,664 Est. Cost $45.83 Unrealized +35.5%

EGP Eastgroup Properties 2.2%

Value ($000) $30 Shares 168,269 Est. Cost $34.79 Unrealized —

ADC Agree Realty Corporation 2.2%

Value ($000) $29 Shares 370,652 Est. Cost $0.08 Unrealized —

RHP Ryman Hospitality Properties 2.1%

Value ($000) $28 Shares 302,992 Est. Cost $44.22 Unrealized —

EXR Extra Space Storage, Inc. 2.1%

Value ($000) $28 Shares 186,050 Est. Cost $69.56 Unrealized +108.8%

BXP BXP, Inc. 2.0%

Value ($000) $26 Shares 383,958 Est. Cost $71.67 Unrealized -6.8%

REG Regency Centers Corp. 1.9%

Value ($000) $26 Shares 348,468 Est. Cost $69.73 Unrealized +0.5%

DOC Healthpeak Properties 1.8%

Value ($000) $24 Shares 1,189,069 Est. Cost $19.08 Unrealized -0.1%

FR First Industrial Realty Trus 1.6%

Value ($000) $22 Shares 399,043 Est. Cost $6.35 Unrealized —

EPRT Essential Properties Realty 1.6%

Value ($000) $21 Shares 636,179 Est. Cost $0.03 Unrealized —

CUZ Cousins Properties, Inc. 1.5%

Value ($000) $20 Shares 682,499 Est. Cost $0.03 Unrealized —

AMT American Tower Corp. 1.0%

Value ($000) $14 Shares 63,158 Est. Cost $159.63 Unrealized +18.7%

OHI Omega Healthcare Investors 1.0%

Value ($000) $13 Shares 337,195 Est. Cost $0.04 Unrealized —

INVH Invitation Homes Inc 0.9%

Value ($000) $12 Shares 351,142 Est. Cost $26.58 Unrealized +17.0%

MAA Mid-America Apartment Commun 0.9%

Value ($000) $12 Shares 70,612 Est. Cost $134.88 Unrealized +13.6%

VNO Vornado Realty Trust 0.8%

Value ($000) $11 Shares 287,797 Est. Cost $0.03 Unrealized —

MAR Marriott International-CL A 0.8%

Value ($000) $11 Shares 44,174 Est. Cost $189.79 Unrealized +41.9%

VRE Veris Residential, Inc. 0.8%

Value ($000) $10 Shares 616,656 Est. Cost $0.02 Unrealized —

COLD Americold Realty Trust 0.8%

Value ($000) $10 Shares 465,202 Est. Cost $0.03 Unrealized —

SKT Tanger Factory Outlet Center 0.7%

Value ($000) $9 Shares 281,084 Est. Cost $0.03 Unrealized —

BKD Brookdale Senior Living 0.7%

Value ($000) $9 Shares 1,502,850 Est. Cost $6.69 Unrealized -20.0%

ARE Alexandria Real Estate Equit 0.7%

Value ($000) $9 Shares 94,287 Est. Cost $103.88 Unrealized -11.4%

IRM Iron Mountain 0.6%

Value ($000) $8 Shares 390,346 Est. Cost $101.63 Unrealized -8.3%

IVT Inventrust Properties 0.5%

Value ($000) $7 Shares 362,173 Est. Cost $0.03 Unrealized —

LAMR Lamar Advertising Co-A 0.5%

Value ($000) $6 Shares 54,787 Est. Cost $75.99 Unrealized —

PSA Public Storage 0.3%

Value ($000) $4 Shares 250,826 Est. Cost $267.06 Unrealized +7.7%

SBAC SBA Communications 0.2%

Value ($000) $3 Shares 12,603 Est. Cost $215.70 Unrealized -4.8%

PCH Potlach Corp 0.2%

Value ($000) $2 Shares 48,708 Est. Cost $13.87 Unrealized —

CBRE CBRE Group 0.1%

Value ($000) $1 Shares 29,858 Est. Cost $109.03 Unrealized +24.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WELL	Welltower Inc.	963,730	$148	11.2%	$58.23	+140.9%	COM	95040Q104
PLD	ProLogis Inc.	1,205,055	$135	10.2%	$61.94	+80.6%	COM	74340W103
EQIX	Equinix Inc.	143,114	$117	8.8%	$389.34	+126.1%	COM	29444U700
AVB	AvalonBay Communities, Inc.	344,822	$74	5.6%	$167.85	+24.9%	COM	053484101
EQR	Equity Residential	929,789	$67	5.0%	$44.48	+52.3%	COM	29476L107
SPG	Simon Property Group, Inc.	386,479	$64	4.9%	$101.91	+63.7%	COM	828806109
DLR	Digital Realty Trust	427,306	$61	4.6%	$122.02	+29.5%	COM	253868103
O	Realty Income	860,671	$50	3.8%	$52.43	+0.3%	COM	756109104
VICI	Vici Properties	1,424,836	$46	3.5%	$28.86	+1.0%	COM	925652109
KIM	Kimco Realty Corp.	2,163,571	$46	3.5%	$16.16	+29.2%	COM	49446R109
ELS	Equity Lifestyle Properties	634,637	$42	3.2%	$29.99	—	COM	29472R108
AMH	American Homes 4 Rent	913,578	$35	2.6%	$19.22	—	COM	02665T306
VTR	Ventas, Inc.	488,664	$34	2.5%	$45.83	+35.5%	COM	92276F100
EGP	Eastgroup Properties	168,269	$30	2.2%	$34.79	—	COM	277276101
ADC	Agree Realty Corporation	370,652	$29	2.2%	$0.08	—	COM	008492100
RHP	Ryman Hospitality Properties	302,992	$28	2.1%	$44.22	—	COM	78377T107
EXR	Extra Space Storage, Inc.	186,050	$28	2.1%	$69.56	+108.8%	COM	30225T102
BXP	BXP, Inc.	383,958	$26	2.0%	$71.67	-6.8%	COM	101121101
REG	Regency Centers Corp.	348,468	$26	1.9%	$69.73	+0.5%	COM	758849103
DOC	Healthpeak Properties	1,189,069	$24	1.8%	$19.08	-0.1%	COM	42250P103
FR	First Industrial Realty Trus	399,043	$22	1.6%	$6.35	—	COM	32054K103
EPRT	Essential Properties Realty	636,179	$21	1.6%	$0.03	—	COM	29670E107
CUZ	Cousins Properties, Inc.	682,499	$20	1.5%	$0.03	—	COM	222795502
AMT	American Tower Corp.	63,158	$14	1.0%	$159.63	+18.7%	COM	03027X100
OHI	Omega Healthcare Investors	337,195	$13	1.0%	$0.04	—	COM	681936100
INVH	Invitation Homes Inc	351,142	$12	0.9%	$26.58	+17.0%	COM	46187W107
MAA	Mid-America Apartment Commun	70,612	$12	0.9%	$134.88	+13.6%	COM	59522J103
VNO	Vornado Realty Trust	287,797	$11	0.8%	$0.03	—	COM	929042109
MAR	Marriott International-CL A	44,174	$11	0.8%	$189.79	+41.9%	COM	571903202
VRE	Veris Residential, Inc.	616,656	$10	0.8%	$0.02	—	COM	554489104
COLD	Americold Realty Trust	465,202	$10	0.8%	$0.03	—	COM	03064D108
SKT	Tanger Factory Outlet Center	281,084	$9	0.7%	$0.03	—	COM	875465106
BKD	Brookdale Senior Living	1,502,850	$9	0.7%	$6.69	-20.0%	COM	112463104
ARE	Alexandria Real Estate Equit	94,287	$9	0.7%	$103.88	-11.4%	COM	015271109
IRM	Iron Mountain	390,346	$8	0.6%	$101.63	-8.3%	COM	46284V101
IVT	Inventrust Properties	362,173	$7	0.5%	$0.03	—	COM	46124J201
LAMR	Lamar Advertising Co-A	54,787	$6	0.5%	$75.99	—	COM	512816109
PSA	Public Storage	250,826	$4	0.3%	$267.06	+7.7%	COM	74460D109
SBAC	SBA Communications	12,603	$3	0.2%	$215.70	-4.8%	COM	78410G104
PCH	Potlach Corp	48,708	$2	0.2%	$13.87	—	COM	737630103
CBRE	CBRE Group	29,858	$1	0.1%	$109.03	+24.6%	COM	12504L109