Vert Asset Management LLC Long-Term Concentrated

CIK: 0001904664 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: Apr 15, 2024

Total Value ($000): $237,801 (100.0% shares, 0.0% debt)

Holdings (42)

SPG Simon Property Group 8.7%

Value ($000) $20,778 Shares 132,775 Est. Cost $108.79 Unrealized +22.5%

PLD Prologis 7.6%

Value ($000) $17,998 Shares 138,216 Est. Cost $119.93 Unrealized +2.0%

AMT American Tower Corp Class A 7.2%

Value ($000) $17,136 Shares 86,725 Est. Cost $203.94 Unrealized -8.7%

WELL Welltower 7.2%

Value ($000) $17,104 Shares 183,053 Est. Cost $72.37 Unrealized +20.5%

DLR Digital Realty Trust 7.1%

Value ($000) $16,773 Shares 116,450 Est. Cost $115.43 Unrealized +15.3%

EQIX Equinix 7.0%

Value ($000) $16,723 Shares 20,262 Est. Cost $708.93 Unrealized +13.9%

EXR Extra Space Storage 5.3%

Value ($000) $12,715 Shares 86,495 Est. Cost $140.47 Unrealized -4.6%

AVB Avalonbay Communities 4.6%

Value ($000) $10,902 Shares 58,752 Est. Cost $180.54 Unrealized -7.0%

IRM Iron Mountain 4.1%

Value ($000) $9,778 Shares 121,903 Est. Cost $45.13 Unrealized +50.8%

EQR Equity Residential 4.0%

Value ($000) $9,457 Shares 149,842 Est. Cost $63.38 Unrealized -11.3%

ARE Alexandria Real Estate Equities 3.8%

Value ($000) $8,930 Shares 69,277 Est. Cost $139.57 Unrealized -20.8%

VTR Ventas 3.1%

Value ($000) $7,286 Shares 167,329 Est. Cost $43.80 Unrealized -2.5%

ESS Essex Property Trust 2.7%

Value ($000) $6,529 Shares 26,669 Est. Cost $196.89 Unrealized +12.4%

SUI Sun Communities 2.7%

Value ($000) $6,451 Shares 50,173 Est. Cost $163.66 Unrealized —

HST Host Hotels & Resorts 2.5%

Value ($000) $6,042 Shares 292,175 Est. Cost $14.67 Unrealized +23.2%

KIM Kimco Realty Corp 2.1%

Value ($000) $5,108 Shares 260,475 Est. Cost $18.40 Unrealized -1.1%

Value ($000) $4,861 Shares 129,935 Est. Cost $41.66 Unrealized -18.2%

ELS Equity Lifestyle Properties 2.0%

Value ($000) $4,668 Shares 72,490 Est. Cost $74.24 Unrealized —

REXR Rexford Industrial Realty 1.9%

Value ($000) $4,415 Shares 87,783 Est. Cost $62.52 Unrealized —

DOC Healthpeak Properties 1.8%

Value ($000) $4,205 Shares 224,258 Est. Cost $22.61 Unrealized -28.7%

REG Regency Centers Corp 1.7%

Value ($000) $4,127 Shares 68,144 Est. Cost $57.57 Unrealized -0.5%

BXP Boston Properties 1.7%

Value ($000) $4,034 Shares 61,766 Est. Cost $71.34 Unrealized -16.5%

FRT Federal Realty Invs Trust 1.3%

Value ($000) $3,150 Shares 30,845 Est. Cost $95.50 Unrealized -2.7%

COLD Americold Realty Trust 1.2%

Value ($000) $2,909 Shares 116,735 Est. Cost $30.13 Unrealized —

STAG Stag Industrial 1.2%

Value ($000) $2,843 Shares 73,967 Est. Cost $35.27 Unrealized —

VNO Vornado Realty Trust 0.8%

Value ($000) $1,848 Shares 64,235 Est. Cost $28.51 Unrealized —

MAC Macerich Co 0.7%

Value ($000) $1,621 Shares 94,060 Est. Cost $13.14 Unrealized —

KRC Kilroy Realty Corp 0.7%

Value ($000) $1,589 Shares 43,605 Est. Cost $47.07 Unrealized —

HASI Hannon Armstrong Sustainable Infrastructure Capital 0.5%

Value ($000) $1,299 Shares 45,742 Est. Cost $31.26 Unrealized -28.6%

SHO Sunstone Hotel Investors 0.4%

Value ($000) $890 Shares 79,899 Est. Cost $9.84 Unrealized —

DRH Diamondrock Hospitality Co 0.4%

Value ($000) $839 Shares 87,299 Est. Cost $8.81 Unrealized —

RLJ RLJ Lodging Trust 0.3%

Value ($000) $764 Shares 64,665 Est. Cost $11.79 Unrealized —

JBGS JBG Smith Properties 0.2%

Value ($000) $583 Shares 36,312 Est. Cost $20.68 Unrealized —

ESRT Empire State Realty Trust 0.2%

Value ($000) $556 Shares 54,897 Est. Cost $7.91 Unrealized —

ALEX Alexander & Baldwin 0.2%

Value ($000) $503 Shares 30,539 Est. Cost $20.99 Unrealized —

AAT American Assets Trust 0.2%

Value ($000) $457 Shares 20,869 Est. Cost $25.89 Unrealized —

VRE Veris Residential 0.2%

Value ($000) $439 Shares 28,852 Est. Cost $16.01 Unrealized —

MAA MID-America Apartment Communities 0.2%

Value ($000) $397 Shares 3,018 Est. Cost $120.75 Unrealized 0.0%

UMH UMH Properties 0.2%

Value ($000) $395 Shares 24,314 Est. Cost $15.49 Unrealized —

— Hudson Pacific Properties 0.1%

Value ($000) $335 Shares 51,944 Est. Cost $14.84 Unrealized —

BDN Brandywine Realty Trust 0.1%

Value ($000) $322 Shares 67,039 Est. Cost $5.23 Unrealized —

FSP Franklin Street Properties Corp 0.0%

Value ($000) $42 Shares 18,517 Est. Cost $1.85 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPG	Simon Property Group	132,775	$20,778	8.7%	$108.79	+22.5%	COM	828806109
PLD	Prologis	138,216	$17,998	7.6%	$119.93	+2.0%	COM	74340W103
AMT	American Tower Corp Class A	86,725	$17,136	7.2%	$203.94	-8.7%	COM	03027X100
WELL	Welltower	183,053	$17,104	7.2%	$72.37	+20.5%	COM	95040Q104
DLR	Digital Realty Trust	116,450	$16,773	7.1%	$115.43	+15.3%	COM	253868103
EQIX	Equinix	20,262	$16,723	7.0%	$708.93	+13.9%	COM	29444U700
EXR	Extra Space Storage	86,495	$12,715	5.3%	$140.47	-4.6%	COM	30225T102
AVB	Avalonbay Communities	58,752	$10,902	4.6%	$180.54	-7.0%	COM	053484101
IRM	Iron Mountain	121,903	$9,778	4.1%	$45.13	+50.8%	COM	46284V101
EQR	Equity Residential	149,842	$9,457	4.0%	$63.38	-11.3%	SH BEN INT	29476L107
ARE	Alexandria Real Estate Equities	69,277	$8,930	3.8%	$139.57	-20.8%	COM	015271109
VTR	Ventas	167,329	$7,286	3.1%	$43.80	-2.5%	COM	92276F100
ESS	Essex Property Trust	26,669	$6,529	2.7%	$196.89	+12.4%	COM	297178105
SUI	Sun Communities	50,173	$6,451	2.7%	$163.66	—	COM	866674104
HST	Host Hotels & Resorts	292,175	$6,042	2.5%	$14.67	+23.2%	COM	44107P104
KIM	Kimco Realty Corp	260,475	$5,108	2.1%	$18.40	-1.1%	COM	49446R109
UDR	UDR	129,935	$4,861	2.0%	$41.66	-18.2%	COM	902653104
ELS	Equity Lifestyle Properties	72,490	$4,668	2.0%	$74.24	—	COM	29472R108
REXR	Rexford Industrial Realty	87,783	$4,415	1.9%	$62.52	—	COM	76169C100
DOC	Healthpeak Properties	224,258	$4,205	1.8%	$22.61	-28.7%	COM	42250P103
REG	Regency Centers Corp	68,144	$4,127	1.7%	$57.57	-0.5%	COM	758849103
BXP	Boston Properties	61,766	$4,034	1.7%	$71.34	-16.5%	COM	101121101
FRT	Federal Realty Invs Trust	30,845	$3,150	1.3%	$95.50	-2.7%	SH BEN INT NEW	313745101
COLD	Americold Realty Trust	116,735	$2,909	1.2%	$30.13	—	COM	03064D108
STAG	Stag Industrial	73,967	$2,843	1.2%	$35.27	—	COM	85254J102
VNO	Vornado Realty Trust	64,235	$1,848	0.8%	$28.51	—	SH BEN INT	929042109
MAC	Macerich Co	94,060	$1,621	0.7%	$13.14	—	COM	554382101
KRC	Kilroy Realty Corp	43,605	$1,589	0.7%	$47.07	—	COM	49427F108
HASI	Hannon Armstrong Sustainable Infrastructure Capital	45,742	$1,299	0.5%	$31.26	-28.6%	COM	41068X100
SHO	Sunstone Hotel Investors	79,899	$890	0.4%	$9.84	—	COM	867892101
DRH	Diamondrock Hospitality Co	87,299	$839	0.4%	$8.81	—	COM	252784301
RLJ	RLJ Lodging Trust	64,665	$764	0.3%	$11.79	—	COM	74965L101
JBGS	JBG Smith Properties	36,312	$583	0.2%	$20.68	—	COM	46590V100
ESRT	Empire State Realty Trust	54,897	$556	0.2%	$7.91	—	CL A	292104106
ALEX	Alexander & Baldwin	30,539	$503	0.2%	$20.99	—	COM	014491104
AAT	American Assets Trust	20,869	$457	0.2%	$25.89	—	COM	024013104
VRE	Veris Residential	28,852	$439	0.2%	$16.01	—	COM	554489104
MAA	MID-America Apartment Communities	3,018	$397	0.2%	$120.75	0.0%	COM	59522J103
UMH	UMH Properties	24,314	$395	0.2%	$15.49	—	COM	903002103
—	Hudson Pacific Properties	51,944	$335	0.1%	$14.84	—	COM	444097109
BDN	Brandywine Realty Trust	67,039	$322	0.1%	$5.23	—	SH BEN INT NEW	105368203
FSP	Franklin Street Properties Corp	18,517	$42	0.0%	$1.85	—	COM	35471R106