Vert Asset Management LLC Long-Term Concentrated

Location: Sausalito, CA

CIK: 0001904664 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Jul 18, 2023

Total Value: $195M (100.0% shares, 0.0% debt)

Holdings (40)

EQIX Equinix 7.4%

Value $14.54M Shares 18,547 Share Price $783.94 * Est. Cost/Share $702.57 Unrealized @ Report Date +5.8%

WELL Welltower 7.3%

Value $14.26M Shares 176,265 Share Price $80.89 * Est. Cost/Share $72.07 Unrealized @ Report Date +6.2%

SPG Simon Property Group 7.3%

Value $14.22M Shares 123,097 Share Price $115.48 * Est. Cost/Share $109.01 Unrealized @ Report Date -7.0%

AMT American Tower Corp Class A 7.1%

Value $13.86M Shares 71,468 Share Price $193.94 * Est. Cost/Share $211.05 Unrealized @ Report Date -15.7%

PLD Prologis 7.0%

Value $13.66M Shares 111,364 Share Price $122.63 * Est. Cost/Share $122.53 Unrealized @ Report Date -7.7%

DLR Digital Realty Trust 6.6%

Value $12.96M Shares 113,850 Share Price $113.87 * Est. Cost/Share $115.54 Unrealized @ Report Date -9.0%

AVB Avalonbay Communities 5.3%

Value $10.34M Shares 54,620 Share Price $189.27 * Est. Cost/Share $181.85 Unrealized @ Report Date -4.6%

EQR Equity Residential 4.7%

Value $9.149M Shares 138,684 Share Price $65.97 * Est. Cost/Share $64.22 Unrealized @ Report Date -7.2%

EXR Extra Space Storage 4.1%

Value $7.933M Shares 53,293 Share Price $148.85 * Est. Cost/Share $153.43 Unrealized @ Report Date -13.0%

VTR Ventas 3.7%

Value $7.255M Shares 153,484 Share Price $47.27 * Est. Cost/Share $44.04 Unrealized @ Report Date -1.1%

ARE Alexandria Real Estate Equities 3.7%

Value $7.224M Shares 63,651 Share Price $113.49 * Est. Cost/Share $142.84 Unrealized @ Report Date -30.3%

IRM Iron Mountain 3.3%

Value $6.392M Shares 112,497 Share Price $56.82 * Est. Cost/Share $43.77 Unrealized @ Report Date +19.4%

SUI Sun Communities 3.2%

Value $6.223M Shares 47,702 Share Price $130.46 Est. Cost/Share $169.14 Unrealized @ Report Date —

ESS Essex Property Trust 3.0%

Value $5.778M Shares 24,661 Share Price $234.30 * Est. Cost/Share $194.48 Unrealized @ Report Date +9.7%

Value $5.422M Shares 126,211 Share Price $42.96 * Est. Cost/Share $42.31 Unrealized @ Report Date -8.8%

KIM Kimco Realty Corp 2.5%

Value $4.79M Shares 242,891 Share Price $19.72 * Est. Cost/Share $18.46 Unrealized @ Report Date -5.4%

ELS Equity Lifestyle Properties 2.4%

Value $4.637M Shares 69,317 Share Price $66.89 Est. Cost/Share $75.54 Unrealized @ Report Date —

HST Host Hotels & Resorts 2.4%

Value $4.596M Shares 273,075 Share Price $16.83 * Est. Cost/Share $14.33 Unrealized @ Report Date +2.0%

REXR Rexford Industrial Realty 2.2%

Value $4.333M Shares 82,967 Share Price $52.22 Est. Cost/Share $64.16 Unrealized @ Report Date —

DOC Healthpeak Properties 2.2%

Value $4.292M Shares 213,520 Share Price $20.10 * Est. Cost/Share $23.67 Unrealized @ Report Date -27.6%

REG Regency Centers Corp 1.9%

Value $3.793M Shares 61,403 Share Price $61.77 * Est. Cost/Share $57.62 Unrealized @ Report Date -3.1%

COLD Americold Realty Trust 1.7%

Value $3.324M Shares 102,914 Share Price $32.30 Est. Cost/Share $30.53 Unrealized @ Report Date —

BXP Boston Properties 1.7%

Value $3.253M Shares 56,487 Share Price $57.59 * Est. Cost/Share $73.18 Unrealized @ Report Date -31.4%

FRT Federal Realty Invs Trust 1.5%

Value $2.833M Shares 29,273 Share Price $96.77 * Est. Cost/Share $95.93 Unrealized @ Report Date -9.5%

KRC Kilroy Realty Corp 0.6%

Value $1.238M Shares 41,133 Share Price $30.09 Est. Cost/Share $48.82 Unrealized @ Report Date —

VNO Vornado Realty Trust 0.6%

Value $1.223M Shares 67,406 Share Price $18.14 Est. Cost/Share $28.51 Unrealized @ Report Date —

HASI Hannon Armstrong Sustainable Infrastructure Capital 0.5%

Value $1.005M Shares 40,207 Share Price $25.00 * Est. Cost/Share $32.69 Unrealized @ Report Date -35.1%

MAC Macerich Co 0.5%

Value $953K Shares 84,542 Share Price $11.27 Est. Cost/Share $12.96 Unrealized @ Report Date —

SHO Sunstone Hotel Investors 0.4%

Value $736K Shares 72,746 Share Price $10.12 Est. Cost/Share $9.78 Unrealized @ Report Date —

RLJ RLJ Lodging Trust 0.3%

Value $625K Shares 60,863 Share Price $10.27 Est. Cost/Share $11.79 Unrealized @ Report Date —

JBGS JBG Smith Properties 0.3%

Value $567K Shares 37,715 Share Price $15.04 Est. Cost/Share $21.68 Unrealized @ Report Date —

STAG Stag Industrial 0.3%

Value $564K Shares 15,727 Share Price $35.88 Est. Cost/Share $35.88 Unrealized @ Report Date —

DRH Diamondrock Hospitality Co 0.3%

Value $551K Shares 68,750 Share Price $8.01 Est. Cost/Share $9.03 Unrealized @ Report Date —

ALEX Alexander & Baldwin 0.3%

Value $519K Shares 27,917 Share Price $18.58 Est. Cost/Share $21.39 Unrealized @ Report Date —

VRE Veris Residential 0.2%

Value $441K Shares 27,498 Share Price $16.05 Est. Cost/Share $16.05 Unrealized @ Report Date —

ESRT Empire State Realty Trust 0.2%

Value $396K Shares 52,847 Share Price $7.49 Est. Cost/Share $7.83 Unrealized @ Report Date —

BDN Brandywine Realty Trust 0.2%

Value $387K Shares 83,217 Share Price $4.65 Est. Cost/Share $5.23 Unrealized @ Report Date —

UMH UMH Properties 0.2%

Value $382K Shares 23,900 Share Price $15.98 Est. Cost/Share $15.48 Unrealized @ Report Date —

AAT American Assets Trust 0.2%

Value $363K Shares 18,931 Share Price $19.20 Est. Cost/Share $27.41 Unrealized @ Report Date —

— Hudson Pacific Properties 0.1%

Value $201K Shares 47,530 Share Price $4.22 Est. Cost/Share $17.69 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EQIX	Equinix	18,547	$14.54M	7.4%	$783.94 *	$702.57	+5.8%	COM	29444U700
WELL	Welltower	176,265	$14.26M	7.3%	$80.89 *	$72.07	+6.2%	COM	95040Q104
SPG	Simon Property Group	123,097	$14.22M	7.3%	$115.48 *	$109.01	-7.0%	COM	828806109
AMT	American Tower Corp Class A	71,468	$13.86M	7.1%	$193.94 *	$211.05	-15.7%	COM	03027X100
PLD	Prologis	111,364	$13.66M	7.0%	$122.63 *	$122.53	-7.7%	COM	74340W103
DLR	Digital Realty Trust	113,850	$12.96M	6.6%	$113.87 *	$115.54	-9.0%	COM	253868103
AVB	Avalonbay Communities	54,620	$10.34M	5.3%	$189.27 *	$181.85	-4.6%	COM	053484101
EQR	Equity Residential	138,684	$9.149M	4.7%	$65.97 *	$64.22	-7.2%	SH BEN INT	29476L107
EXR	Extra Space Storage	53,293	$7.933M	4.1%	$148.85 *	$153.43	-13.0%	COM	30225T102
VTR	Ventas	153,484	$7.255M	3.7%	$47.27 *	$44.04	-1.1%	COM	92276F100
ARE	Alexandria Real Estate Equities	63,651	$7.224M	3.7%	$113.49 *	$142.84	-30.3%	COM	015271109
IRM	Iron Mountain	112,497	$6.392M	3.3%	$56.82 *	$43.77	+19.4%	COM	46284V101
SUI	Sun Communities	47,702	$6.223M	3.2%	$130.46	$169.14	—	COM	866674104
ESS	Essex Property Trust	24,661	$5.778M	3.0%	$234.30 *	$194.48	+9.7%	COM	297178105
UDR	UDR	126,211	$5.422M	2.8%	$42.96 *	$42.31	-8.8%	COM	902653104
KIM	Kimco Realty Corp	242,891	$4.79M	2.5%	$19.72 *	$18.46	-5.4%	COM	49446R109
ELS	Equity Lifestyle Properties	69,317	$4.637M	2.4%	$66.89	$75.54	—	COM	29472R108
HST	Host Hotels & Resorts	273,075	$4.596M	2.4%	$16.83 *	$14.33	+2.0%	COM	44107P104
REXR	Rexford Industrial Realty	82,967	$4.333M	2.2%	$52.22	$64.16	—	COM	76169C100
DOC	Healthpeak Properties	213,520	$4.292M	2.2%	$20.10 *	$23.67	-27.6%	COM	42250P103
REG	Regency Centers Corp	61,403	$3.793M	1.9%	$61.77 *	$57.62	-3.1%	COM	758849103
COLD	Americold Realty Trust	102,914	$3.324M	1.7%	$32.30	$30.53	—	COM	03064D108
BXP	Boston Properties	56,487	$3.253M	1.7%	$57.59 *	$73.18	-31.4%	COM	101121101
FRT	Federal Realty Invs Trust	29,273	$2.833M	1.5%	$96.77 *	$95.93	-9.5%	SH BEN INT NEW	313745101
KRC	Kilroy Realty Corp	41,133	$1.238M	0.6%	$30.09	$48.82	—	COM	49427F108
VNO	Vornado Realty Trust	67,406	$1.223M	0.6%	$18.14	$28.51	—	SH BEN INT	929042109
HASI	Hannon Armstrong Sustainable Infrastructure Capital	40,207	$1.005M	0.5%	$25.00 *	$32.69	-35.1%	COM	41068X100
MAC	Macerich Co	84,542	$953K	0.5%	$11.27	$12.96	—	COM	554382101
SHO	Sunstone Hotel Investors	72,746	$736K	0.4%	$10.12	$9.78	—	COM	867892101
RLJ	RLJ Lodging Trust	60,863	$625K	0.3%	$10.27	$11.79	—	COM	74965L101
JBGS	JBG Smith Properties	37,715	$567K	0.3%	$15.04	$21.68	—	COM	46590V100
STAG	Stag Industrial	15,727	$564K	0.3%	$35.88	$35.88	—	COM	85254J102
DRH	Diamondrock Hospitality Co	68,750	$551K	0.3%	$8.01	$9.03	—	COM	252784301
ALEX	Alexander & Baldwin	27,917	$519K	0.3%	$18.58	$21.39	—	COM	014491104
VRE	Veris Residential	27,498	$441K	0.2%	$16.05	$16.05	—	COM	554489104
ESRT	Empire State Realty Trust	52,847	$396K	0.2%	$7.49	$7.83	—	CL A	292104106
BDN	Brandywine Realty Trust	83,217	$387K	0.2%	$4.65	$5.23	—	SH BEN INT NEW	105368203
UMH	UMH Properties	23,900	$382K	0.2%	$15.98	$15.48	—	COM	903002103
AAT	American Assets Trust	18,931	$363K	0.2%	$19.20	$27.41	—	COM	024013104
—	Hudson Pacific Properties	47,530	$201K	0.1%	$4.22	$17.69	—	COM	444097109