Vert Asset Management LLC Long-Term Concentrated

CIK: 0001904664 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Jan 17, 2024

Total Value ($000): $231,836 (100.0% shares, 0.0% debt)

Holdings (41)

SPG Simon Property Group 8.2%

Value ($000) $18,912 Shares 132,586 Est. Cost $108.79 Unrealized -0.4%

AMT American Tower Corp Class A 7.9%

Value ($000) $18,283 Shares 84,690 Est. Cost $204.36 Unrealized -14.3%

PLD Prologis 7.9%

Value ($000) $18,268 Shares 137,047 Est. Cost $119.93 Unrealized -11.9%

WELL Welltower 7.3%

Value ($000) $16,826 Shares 186,605 Est. Cost $72.37 Unrealized +14.7%

DLR Digital Realty Trust 7.1%

Value ($000) $16,355 Shares 121,525 Est. Cost $115.43 Unrealized +4.5%

EQIX Equinix 6.7%

Value ($000) $15,501 Shares 19,246 Est. Cost $703.72 Unrealized +4.3%

EXR Extra Space Storage 5.9%

Value ($000) $13,712 Shares 85,522 Est. Cost $140.54 Unrealized -17.7%

AVB Avalonbay Communities 4.5%

Value ($000) $10,392 Shares 55,508 Est. Cost $181.28 Unrealized -10.9%

EQR Equity Residential 3.7%

Value ($000) $8,474 Shares 138,553 Est. Cost $63.96 Unrealized -17.4%

ARE Alexandria Real Estate Equities 3.6%

Value ($000) $8,391 Shares 66,188 Est. Cost $140.92 Unrealized -32.1%

IRM Iron Mountain 3.6%

Value ($000) $8,278 Shares 118,295 Est. Cost $44.43 Unrealized +31.5%

VTR Ventas 3.4%

Value ($000) $7,861 Shares 157,731 Est. Cost $43.87 Unrealized -4.8%

SUI Sun Communities 2.8%

Value ($000) $6,380 Shares 47,733 Est. Cost $165.46 Unrealized —

ESS Essex Property Trust 2.7%

Value ($000) $6,269 Shares 25,284 Est. Cost $195.56 Unrealized +3.9%

HST Host Hotels & Resorts 2.2%

Value ($000) $5,191 Shares 266,598 Est. Cost $14.34 Unrealized +5.2%

KIM Kimco Realty Corp 2.2%

Value ($000) $5,124 Shares 240,448 Est. Cost $18.42 Unrealized -7.6%

ELS Equity Lifestyle Properties 2.0%

Value ($000) $4,729 Shares 67,040 Est. Cost $75.04 Unrealized —

Value ($000) $4,626 Shares 120,803 Est. Cost $42.24 Unrealized -24.5%

REXR Rexford Industrial Realty 1.9%

Value ($000) $4,447 Shares 79,264 Est. Cost $63.83 Unrealized —

REG Regency Centers Corp 1.9%

Value ($000) $4,315 Shares 64,410 Est. Cost $57.59 Unrealized -1.8%

BXP Boston Properties 1.8%

Value ($000) $4,136 Shares 58,944 Est. Cost $71.90 Unrealized -27.1%

DOC Healthpeak Properties 1.7%

Value ($000) $3,967 Shares 200,330 Est. Cost $23.38 Unrealized -34.3%

COLD Americold Realty Trust 1.4%

Value ($000) $3,284 Shares 108,478 Est. Cost $30.52 Unrealized —

FRT Federal Realty Invs Trust 1.3%

Value ($000) $2,961 Shares 28,736 Est. Cost $95.69 Unrealized -10.5%

STAG Stag Industrial 1.2%

Value ($000) $2,815 Shares 71,695 Est. Cost $35.17 Unrealized —

VNO Vornado Realty Trust 0.8%

Value ($000) $1,815 Shares 64,235 Est. Cost $28.51 Unrealized —

KRC Kilroy Realty Corp 0.7%

Value ($000) $1,727 Shares 43,337 Est. Cost $47.07 Unrealized —

MAC Macerich Co 0.6%

Value ($000) $1,384 Shares 89,682 Est. Cost $12.94 Unrealized —

HASI Hannon Armstrong Sustainable Infrastructure Capital 0.5%

Value ($000) $1,202 Shares 43,594 Est. Cost $31.70 Unrealized -39.5%

DRH Diamondrock Hospitality Co 0.4%

Value ($000) $820 Shares 87,299 Est. Cost $8.81 Unrealized —

SHO Sunstone Hotel Investors 0.3%

Value ($000) $787 Shares 73,375 Est. Cost $9.73 Unrealized —

RLJ RLJ Lodging Trust 0.3%

Value ($000) $734 Shares 62,650 Est. Cost $11.79 Unrealized —

JBGS JBG Smith Properties 0.3%

Value ($000) $618 Shares 36,312 Est. Cost $20.68 Unrealized —

ALEX Alexander & Baldwin 0.3%

Value ($000) $581 Shares 30,539 Est. Cost $20.99 Unrealized —

ESRT Empire State Realty Trust 0.2%

Value ($000) $512 Shares 52,847 Est. Cost $7.83 Unrealized —

— Hudson Pacific Properties 0.2%

Value ($000) $484 Shares 51,944 Est. Cost $14.84 Unrealized —

AAT American Assets Trust 0.2%

Value ($000) $470 Shares 20,869 Est. Cost $25.89 Unrealized —

VRE Veris Residential 0.2%

Value ($000) $433 Shares 27,498 Est. Cost $16.05 Unrealized —

UMH UMH Properties 0.2%

Value ($000) $366 Shares 23,900 Est. Cost $15.48 Unrealized —

BDN Brandywine Realty Trust 0.2%

Value ($000) $362 Shares 67,039 Est. Cost $5.23 Unrealized —

FSP Franklin Street Properties Corp 0.0%

Value ($000) $47 Shares 18,517 Est. Cost $1.85 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group	132,586	$18,912	8.2%	$108.79	-0.4%	COM	828806109
AMT	American Tower Corp Class A	84,690	$18,283	7.9%	$204.36	-14.3%	COM	03027X100
PLD	Prologis	137,047	$18,268	7.9%	$119.93	-11.9%	COM	74340W103
WELL	Welltower	186,605	$16,826	7.3%	$72.37	+14.7%	COM	95040Q104
DLR	Digital Realty Trust	121,525	$16,355	7.1%	$115.43	+4.5%	COM	253868103
EQIX	Equinix	19,246	$15,501	6.7%	$703.72	+4.3%	COM	29444U700
EXR	Extra Space Storage	85,522	$13,712	5.9%	$140.54	-17.7%	COM	30225T102
AVB	Avalonbay Communities	55,508	$10,392	4.5%	$181.28	-10.9%	COM	053484101
EQR	Equity Residential	138,553	$8,474	3.7%	$63.96	-17.4%	SH BEN INT	29476L107
ARE	Alexandria Real Estate Equities	66,188	$8,391	3.6%	$140.92	-32.1%	COM	015271109
IRM	Iron Mountain	118,295	$8,278	3.6%	$44.43	+31.5%	COM	46284V101
VTR	Ventas	157,731	$7,861	3.4%	$43.87	-4.8%	COM	92276F100
SUI	Sun Communities	47,733	$6,380	2.8%	$165.46	—	COM	866674104
ESS	Essex Property Trust	25,284	$6,269	2.7%	$195.56	+3.9%	COM	297178105
HST	Host Hotels & Resorts	266,598	$5,191	2.2%	$14.34	+5.2%	COM	44107P104
KIM	Kimco Realty Corp	240,448	$5,124	2.2%	$18.42	-7.6%	COM	49446R109
ELS	Equity Lifestyle Properties	67,040	$4,729	2.0%	$75.04	—	COM	29472R108
UDR	UDR	120,803	$4,626	2.0%	$42.24	-24.5%	COM	902653104
REXR	Rexford Industrial Realty	79,264	$4,447	1.9%	$63.83	—	COM	76169C100
REG	Regency Centers Corp	64,410	$4,315	1.9%	$57.59	-1.8%	COM	758849103
BXP	Boston Properties	58,944	$4,136	1.8%	$71.90	-27.1%	COM	101121101
DOC	Healthpeak Properties	200,330	$3,967	1.7%	$23.38	-34.3%	COM	42250P103
COLD	Americold Realty Trust	108,478	$3,284	1.4%	$30.52	—	COM	03064D108
FRT	Federal Realty Invs Trust	28,736	$2,961	1.3%	$95.69	-10.5%	SH BEN INT NEW	313745101
STAG	Stag Industrial	71,695	$2,815	1.2%	$35.17	—	COM	85254J102
VNO	Vornado Realty Trust	64,235	$1,815	0.8%	$28.51	—	SH BEN INT	929042109
KRC	Kilroy Realty Corp	43,337	$1,727	0.7%	$47.07	—	COM	49427F108
MAC	Macerich Co	89,682	$1,384	0.6%	$12.94	—	COM	554382101
HASI	Hannon Armstrong Sustainable Infrastructure Capital	43,594	$1,202	0.5%	$31.70	-39.5%	COM	41068X100
DRH	Diamondrock Hospitality Co	87,299	$820	0.4%	$8.81	—	COM	252784301
SHO	Sunstone Hotel Investors	73,375	$787	0.3%	$9.73	—	COM	867892101
RLJ	RLJ Lodging Trust	62,650	$734	0.3%	$11.79	—	COM	74965L101
JBGS	JBG Smith Properties	36,312	$618	0.3%	$20.68	—	COM	46590V100
ALEX	Alexander & Baldwin	30,539	$581	0.3%	$20.99	—	COM	014491104
ESRT	Empire State Realty Trust	52,847	$512	0.2%	$7.83	—	CL A	292104106
—	Hudson Pacific Properties	51,944	$484	0.2%	$14.84	—	COM	444097109
AAT	American Assets Trust	20,869	$470	0.2%	$25.89	—	COM	024013104
VRE	Veris Residential	27,498	$433	0.2%	$16.05	—	COM	554489104
UMH	UMH Properties	23,900	$366	0.2%	$15.48	—	COM	903002103
BDN	Brandywine Realty Trust	67,039	$362	0.2%	$5.23	—	SH BEN INT NEW	105368203
FSP	Franklin Street Properties Corp	18,517	$47	0.0%	$1.85	—	COM	35471R106