Vert Asset Management LLC Long-Term Concentrated

Location: Sausalito, CA

CIK: 0001904664 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Jul 17, 2024

Total Value: $251M (100.0% shares, 0.0% debt)

Holdings (42)

DLR Digital Realty Trust 7.5%

Value $18.8M Shares 123,669 Share Price $152.05 * Est. Cost/Share $116.65 Unrealized @ Report Date +24.7%

WELL Welltower 7.5%

Value $18.73M Shares 179,633 Share Price $104.25 * Est. Cost/Share $72.37 Unrealized @ Report Date +40.1%

SPG Simon Property Group 7.3%

Value $18.36M Shares 120,927 Share Price $151.80 * Est. Cost/Share $108.79 Unrealized @ Report Date +29.6%

PLD Prologis 7.2%

Value $18.18M Shares 161,877 Share Price $112.31 * Est. Cost/Share $117.67 Unrealized @ Report Date -9.3%

AMT American Tower Corp Class A 7.1%

Value $17.94M Shares 92,272 Share Price $194.38 * Est. Cost/Share $202.27 Unrealized @ Report Date -8.6%

EQIX Equinix 6.9%

Value $17.38M Shares 22,976 Share Price $756.60 * Est. Cost/Share $711.70 Unrealized @ Report Date +2.9%

EXR Extra Space Storage 5.3%

Value $13.25M Shares 85,275 Share Price $155.41 * Est. Cost/Share $140.47 Unrealized @ Report Date +3.7%

AVB Avalonbay Communities 4.7%

Value $11.83M Shares 57,192 Share Price $206.89 * Est. Cost/Share $180.54 Unrealized @ Report Date +8.9%

IRM Iron Mountain 4.2%

Value $10.55M Shares 117,664 Share Price $89.62 * Est. Cost/Share $45.13 Unrealized @ Report Date +89.3%

EQR Equity Residential 3.8%

Value $9.632M Shares 138,905 Share Price $69.34 * Est. Cost/Share $63.38 Unrealized @ Report Date +2.1%

VTR Ventas 3.3%

Value $8.311M Shares 162,135 Share Price $51.26 * Est. Cost/Share $43.80 Unrealized @ Report Date +11.2%

ARE Alexandria Real Estate Equities 3.0%

Value $7.552M Shares 64,560 Share Price $116.97 * Est. Cost/Share $139.57 Unrealized @ Report Date -23.2%

ESS Essex Property Trust 2.8%

Value $6.949M Shares 25,530 Share Price $272.20 * Est. Cost/Share $196.89 Unrealized @ Report Date +31.0%

MAA MID-America Apartment Communities 2.6%

Value $6.635M Shares 46,527 Share Price $142.61 * Est. Cost/Share $125.24 Unrealized @ Report Date +7.1%

SUI Sun Communities 2.4%

Value $6.095M Shares 50,651 Share Price $120.34 Est. Cost/Share $163.66 Unrealized @ Report Date —

DOC Healthpeak Properties 2.2%

Value $5.594M Shares 285,414 Share Price $19.60 * Est. Cost/Share $21.47 Unrealized @ Report Date -17.0%

Value $5.318M Shares 129,237 Share Price $41.15 * Est. Cost/Share $41.66 Unrealized @ Report Date -7.3%

KIM Kimco Realty Corp 2.1%

Value $5.249M Shares 269,736 Share Price $19.46 * Est. Cost/Share $18.36 Unrealized @ Report Date -1.0%

HST Host Hotels & Resorts 2.0%

Value $5.041M Shares 280,350 Share Price $17.98 * Est. Cost/Share $14.67 Unrealized @ Report Date +12.5%

ELS Equity Lifestyle Properties 1.9%

Value $4.684M Shares 71,914 Share Price $65.13 Est. Cost/Share $74.24 Unrealized @ Report Date —

REG Regency Centers Corp 1.7%

Value $4.36M Shares 70,101 Share Price $62.20 * Est. Cost/Share $57.53 Unrealized @ Report Date +1.9%

REXR Rexford Industrial Realty 1.6%

Value $3.956M Shares 88,717 Share Price $44.59 Est. Cost/Share $62.33 Unrealized @ Report Date —

BXP Boston Properties 1.5%

Value $3.741M Shares 60,767 Share Price $61.56 * Est. Cost/Share $71.34 Unrealized @ Report Date -19.9%

FRT Federal Realty Invs Trust 1.2%

Value $2.941M Shares 29,127 Share Price $100.97 * Est. Cost/Share $95.50 Unrealized @ Report Date -0.9%

COLD Americold Realty Trust 1.1%

Value $2.86M Shares 111,967 Share Price $25.54 Est. Cost/Share $30.13 Unrealized @ Report Date —

STAG Stag Industrial 1.1%

Value $2.725M Shares 75,568 Share Price $36.06 Est. Cost/Share $35.29 Unrealized @ Report Date —

BRX Brixmor Property Group 1.1%

Value $2.685M Shares 116,284 Share Price $23.09 Est. Cost/Share $23.09 Unrealized @ Report Date —

VNO Vornado Realty Trust 0.7%

Value $1.787M Shares 67,958 Share Price $26.29 Est. Cost/Share $28.39 Unrealized @ Report Date —

SLG SL Green Realty Corp 0.6%

Value $1.502M Shares 26,515 Share Price $56.64 Est. Cost/Share $56.64 Unrealized @ Report Date —

KRC Kilroy Realty Corp 0.6%

Value $1.464M Shares 46,972 Share Price $31.17 Est. Cost/Share $45.93 Unrealized @ Report Date —

MAC Macerich Co 0.5%

Value $1.325M Shares 85,832 Share Price $15.44 Est. Cost/Share $13.14 Unrealized @ Report Date —

— LXP Industrial Trust 0.4%

Value $1.079M Shares 118,266 Share Price $9.12 Est. Cost/Share $9.12 Unrealized @ Report Date —

DRH Diamondrock Hospitality Co 0.3%

Value $683K Shares 80,841 Share Price $8.45 Est. Cost/Share $8.81 Unrealized @ Report Date —

RLJ RLJ Lodging Trust 0.2%

Value $623K Shares 64,665 Share Price $9.63 Est. Cost/Share $11.79 Unrealized @ Report Date —

ESRT Empire State Realty Trust 0.2%

Value $500K Shares 53,349 Share Price $9.38 Est. Cost/Share $7.91 Unrealized @ Report Date —

JBGS JBG Smith Properties 0.2%

Value $482K Shares 31,650 Share Price $15.23 Est. Cost/Share $20.68 Unrealized @ Report Date —

VRE Veris Residential 0.2%

Value $475K Shares 31,690 Share Price $15.00 Est. Cost/Share $15.92 Unrealized @ Report Date —

AAT American Assets Trust 0.2%

Value $467K Shares 20,869 Share Price $22.38 Est. Cost/Share $25.89 Unrealized @ Report Date —

UMH UMH Properties 0.2%

Value $409K Shares 25,598 Share Price $15.99 Est. Cost/Share $15.52 Unrealized @ Report Date —

CSR Centerspace 0.1%

Value $317K Shares 4,693 Share Price $67.63 Est. Cost/Share $67.63 Unrealized @ Report Date —

BDN Brandywine Realty Trust 0.1%

Value $297K Shares 66,296 Share Price $4.48 Est. Cost/Share $5.23 Unrealized @ Report Date —

— Hudson Pacific Properties 0.1%

Value $177K Shares 36,698 Share Price $4.81 Est. Cost/Share $14.84 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
DLR	Digital Realty Trust	123,669	$18.8M	7.5%	$152.05 *	$116.65	+24.7%	COM	253868103
WELL	Welltower	179,633	$18.73M	7.5%	$104.25 *	$72.37	+40.1%	COM	95040Q104
SPG	Simon Property Group	120,927	$18.36M	7.3%	$151.80 *	$108.79	+29.6%	COM	828806109
PLD	Prologis	161,877	$18.18M	7.2%	$112.31 *	$117.67	-9.3%	COM	74340W103
AMT	American Tower Corp Class A	92,272	$17.94M	7.1%	$194.38 *	$202.27	-8.6%	COM	03027X100
EQIX	Equinix	22,976	$17.38M	6.9%	$756.60 *	$711.70	+2.9%	COM	29444U700
EXR	Extra Space Storage	85,275	$13.25M	5.3%	$155.41 *	$140.47	+3.7%	COM	30225T102
AVB	Avalonbay Communities	57,192	$11.83M	4.7%	$206.89 *	$180.54	+8.9%	COM	053484101
IRM	Iron Mountain	117,664	$10.55M	4.2%	$89.62 *	$45.13	+89.3%	COM	46284V101
EQR	Equity Residential	138,905	$9.632M	3.8%	$69.34 *	$63.38	+2.1%	SH BEN INT	29476L107
VTR	Ventas	162,135	$8.311M	3.3%	$51.26 *	$43.80	+11.2%	COM	92276F100
ARE	Alexandria Real Estate Equities	64,560	$7.552M	3.0%	$116.97 *	$139.57	-23.2%	COM	015271109
ESS	Essex Property Trust	25,530	$6.949M	2.8%	$272.20 *	$196.89	+31.0%	COM	297178105
MAA	MID-America Apartment Communities	46,527	$6.635M	2.6%	$142.61 *	$125.24	+7.1%	COM	59522J103
SUI	Sun Communities	50,651	$6.095M	2.4%	$120.34	$163.66	—	COM	866674104
DOC	Healthpeak Properties	285,414	$5.594M	2.2%	$19.60 *	$21.47	-17.0%	COM	42250P103
UDR	UDR	129,237	$5.318M	2.1%	$41.15 *	$41.66	-7.3%	COM	902653104
KIM	Kimco Realty Corp	269,736	$5.249M	2.1%	$19.46 *	$18.36	-1.0%	COM	49446R109
HST	Host Hotels & Resorts	280,350	$5.041M	2.0%	$17.98 *	$14.67	+12.5%	COM	44107P104
ELS	Equity Lifestyle Properties	71,914	$4.684M	1.9%	$65.13	$74.24	—	COM	29472R108
REG	Regency Centers Corp	70,101	$4.36M	1.7%	$62.20 *	$57.53	+1.9%	COM	758849103
REXR	Rexford Industrial Realty	88,717	$3.956M	1.6%	$44.59	$62.33	—	COM	76169C100
BXP	Boston Properties	60,767	$3.741M	1.5%	$61.56 *	$71.34	-19.9%	COM	101121101
FRT	Federal Realty Invs Trust	29,127	$2.941M	1.2%	$100.97 *	$95.50	-0.9%	SH BEN INT NEW	313745101
COLD	Americold Realty Trust	111,967	$2.86M	1.1%	$25.54	$30.13	—	COM	03064D108
STAG	Stag Industrial	75,568	$2.725M	1.1%	$36.06	$35.29	—	COM	85254J102
BRX	Brixmor Property Group	116,284	$2.685M	1.1%	$23.09	$23.09	—	COM	11120U105
VNO	Vornado Realty Trust	67,958	$1.787M	0.7%	$26.29	$28.39	—	SH BEN INT	929042109
SLG	SL Green Realty Corp	26,515	$1.502M	0.6%	$56.64	$56.64	—	COM	78440X887
KRC	Kilroy Realty Corp	46,972	$1.464M	0.6%	$31.17	$45.93	—	COM	49427F108
MAC	Macerich Co	85,832	$1.325M	0.5%	$15.44	$13.14	—	COM	554382101
—	LXP Industrial Trust	118,266	$1.079M	0.4%	$9.12	$9.12	—	COM	529043101
DRH	Diamondrock Hospitality Co	80,841	$683K	0.3%	$8.45	$8.81	—	COM	252784301
RLJ	RLJ Lodging Trust	64,665	$623K	0.2%	$9.63	$11.79	—	COM	74965L101
ESRT	Empire State Realty Trust	53,349	$500K	0.2%	$9.38	$7.91	—	CL A	292104106
JBGS	JBG Smith Properties	31,650	$482K	0.2%	$15.23	$20.68	—	COM	46590V100
VRE	Veris Residential	31,690	$475K	0.2%	$15.00	$15.92	—	COM	554489104
AAT	American Assets Trust	20,869	$467K	0.2%	$22.38	$25.89	—	COM	024013104
UMH	UMH Properties	25,598	$409K	0.2%	$15.99	$15.52	—	COM	903002103
CSR	Centerspace	4,693	$317K	0.1%	$67.63	$67.63	—	COM	15202L107
BDN	Brandywine Realty Trust	66,296	$297K	0.1%	$4.48	$5.23	—	SH BEN INT NEW	105368203
—	Hudson Pacific Properties	36,698	$177K	0.1%	$4.81	$14.84	—	COM	444097109