Vert Asset Management LLC Long-Term Concentrated

Location: Sausalito, CA

CIK: 0001904664 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Oct 17, 2024

Total Value: $290M (100.0% shares, 0.0% debt)

Holdings (42)

WELL Welltower 8.0%

Value $23.1M Shares 180,451 Share Price $128.03 * Est. Cost/Share $72.37 Unrealized @ Report Date +73.0%

AMT American Tower Corp Class A 7.4%

Value $21.6M Shares 92,860 Share Price $232.56 * Est. Cost/Share $202.27 Unrealized @ Report Date +9.3%

EQIX Equinix 7.1%

Value $20.7M Shares 23,319 Share Price $887.63 * Est. Cost/Share $712.92 Unrealized @ Report Date +21.1%

DLR Digital Realty Trust 7.1%

Value $20.6M Shares 127,278 Share Price $161.83 * Est. Cost/Share $117.51 Unrealized @ Report Date +32.7%

PLD Prologis 7.1%

Value $20.57M Shares 162,871 Share Price $126.28 * Est. Cost/Share $117.67 Unrealized @ Report Date +2.7%

SPG Simon Property Group 7.1%

Value $20.56M Shares 121,615 Share Price $169.02 * Est. Cost/Share $108.79 Unrealized @ Report Date +46.2%

EXR Extra Space Storage 5.4%

Value $15.6M Shares 86,563 Share Price $180.19 * Est. Cost/Share $140.73 Unrealized @ Report Date +21.1%

IRM Iron Mountain 4.9%

Value $14.25M Shares 119,937 Share Price $118.83 * Est. Cost/Share $46.21 Unrealized @ Report Date +146.6%

AVB Avalonbay Communities 4.5%

Value $13.09M Shares 58,111 Share Price $225.25 * Est. Cost/Share $180.94 Unrealized @ Report Date +19.2%

VTR Ventas 3.7%

Value $10.62M Shares 165,614 Share Price $64.13 * Est. Cost/Share $44.06 Unrealized @ Report Date +39.5%

EQR Equity Residential 3.6%

Value $10.41M Shares 139,773 Share Price $74.46 * Est. Cost/Share $63.38 Unrealized @ Report Date +11.6%

ESS Essex Property Trust 2.6%

Value $7.681M Shares 26,001 Share Price $295.42 * Est. Cost/Share $198.31 Unrealized @ Report Date +42.3%

MAA MID-America Apartment Communities 2.6%

Value $7.448M Shares 46,875 Share Price $158.90 * Est. Cost/Share $125.24 Unrealized @ Report Date +20.6%

ARE Alexandria Real Estate Equities 2.5%

Value $7.245M Shares 61,010 Share Price $118.75 * Est. Cost/Share $139.57 Unrealized @ Report Date -21.1%

SUI Sun Communities 2.4%

Value $6.896M Shares 51,023 Share Price $135.15 Est. Cost/Share $163.66 Unrealized @ Report Date —

KIM Kimco Realty Corp 2.2%

Value $6.311M Shares 271,790 Share Price $23.22 * Est. Cost/Share $18.36 Unrealized @ Report Date +19.4%

DOC Healthpeak Properties 2.2%

Value $6.261M Shares 273,758 Share Price $22.87 * Est. Cost/Share $21.47 Unrealized @ Report Date -1.7%

Value $5.893M Shares 129,983 Share Price $45.34 * Est. Cost/Share $41.66 Unrealized @ Report Date +3.2%

ELS Equity Lifestyle Properties 1.8%

Value $5.167M Shares 72,424 Share Price $71.34 Est. Cost/Share $74.24 Unrealized @ Report Date —

REG Regency Centers Corp 1.8%

Value $5.105M Shares 70,677 Share Price $72.23 * Est. Cost/Share $57.53 Unrealized @ Report Date +19.5%

HST Host Hotels & Resorts 1.7%

Value $4.977M Shares 282,768 Share Price $17.60 * Est. Cost/Share $14.67 Unrealized @ Report Date +11.4%

Value $4.929M Shares 61,261 Share Price $80.46 * Est. Cost/Share $71.34 Unrealized @ Report Date +6.0%

REXR Rexford Industrial Realty 1.6%

Value $4.507M Shares 89,579 Share Price $50.31 Est. Cost/Share $62.33 Unrealized @ Report Date —

FRT Federal Realty Invs Trust 1.2%

Value $3.381M Shares 29,407 Share Price $114.97 * Est. Cost/Share $95.50 Unrealized @ Report Date +12.8%

BRX Brixmor Property Group 1.1%

Value $3.33M Shares 119,534 Share Price $27.86 Est. Cost/Share $23.22 Unrealized @ Report Date —

COLD Americold Realty Trust 1.1%

Value $3.165M Shares 111,967 Share Price $28.27 Est. Cost/Share $30.13 Unrealized @ Report Date —

STAG Stag Industrial 1.0%

Value $2.954M Shares 75,568 Share Price $39.09 Est. Cost/Share $35.29 Unrealized @ Report Date —

VNO Vornado Realty Trust 0.9%

Value $2.69M Shares 68,282 Share Price $39.40 Est. Cost/Share $28.39 Unrealized @ Report Date —

SLG SL Green Realty Corp 0.6%

Value $1.873M Shares 26,909 Share Price $69.61 Est. Cost/Share $56.83 Unrealized @ Report Date —

MAC Macerich Co 0.5%

Value $1.592M Shares 87,258 Share Price $18.24 Est. Cost/Share $13.22 Unrealized @ Report Date —

KRC Kilroy Realty Corp 0.5%

Value $1.57M Shares 40,581 Share Price $38.70 Est. Cost/Share $45.93 Unrealized @ Report Date —

— LXP Industrial Trust 0.4%

Value $1.207M Shares 120,140 Share Price $10.05 Est. Cost/Share $9.13 Unrealized @ Report Date —

DRH Diamondrock Hospitality Co 0.2%

Value $706K Shares 80,841 Share Price $8.73 Est. Cost/Share $8.81 Unrealized @ Report Date —

ESRT Empire State Realty Trust 0.2%

Value $591K Shares 53,349 Share Price $11.08 Est. Cost/Share $7.91 Unrealized @ Report Date —

VRE Veris Residential 0.2%

Value $566K Shares 31,690 Share Price $17.86 Est. Cost/Share $15.92 Unrealized @ Report Date —

AAT American Assets Trust 0.2%

Value $558K Shares 20,869 Share Price $26.72 Est. Cost/Share $25.89 Unrealized @ Report Date —

JBGS JBG Smith Properties 0.2%

Value $553K Shares 31,650 Share Price $17.48 Est. Cost/Share $20.68 Unrealized @ Report Date —

UMH UMH Properties 0.2%

Value $504K Shares 25,598 Share Price $19.67 Est. Cost/Share $15.52 Unrealized @ Report Date —

RLJ RLJ Lodging Trust 0.2%

Value $441K Shares 48,012 Share Price $9.18 Est. Cost/Share $11.79 Unrealized @ Report Date —

BDN Brandywine Realty Trust 0.1%

Value $361K Shares 66,296 Share Price $5.44 Est. Cost/Share $5.23 Unrealized @ Report Date —

CSR Centerspace 0.1%

Value $332K Shares 4,709 Share Price $70.47 Est. Cost/Share $67.63 Unrealized @ Report Date —

— Hudson Pacific Properties 0.1%

Value $175K Shares 36,698 Share Price $4.78 Est. Cost/Share $14.84 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WELL	Welltower	180,451	$23.1M	8.0%	$128.03 *	$72.37	+73.0%	COM	95040Q104
AMT	American Tower Corp Class A	92,860	$21.6M	7.4%	$232.56 *	$202.27	+9.3%	COM	03027X100
EQIX	Equinix	23,319	$20.7M	7.1%	$887.63 *	$712.92	+21.1%	COM	29444U700
DLR	Digital Realty Trust	127,278	$20.6M	7.1%	$161.83 *	$117.51	+32.7%	COM	253868103
PLD	Prologis	162,871	$20.57M	7.1%	$126.28 *	$117.67	+2.7%	COM	74340W103
SPG	Simon Property Group	121,615	$20.56M	7.1%	$169.02 *	$108.79	+46.2%	COM	828806109
EXR	Extra Space Storage	86,563	$15.6M	5.4%	$180.19 *	$140.73	+21.1%	COM	30225T102
IRM	Iron Mountain	119,937	$14.25M	4.9%	$118.83 *	$46.21	+146.6%	COM	46284V101
AVB	Avalonbay Communities	58,111	$13.09M	4.5%	$225.25 *	$180.94	+19.2%	COM	053484101
VTR	Ventas	165,614	$10.62M	3.7%	$64.13 *	$44.06	+39.5%	COM	92276F100
EQR	Equity Residential	139,773	$10.41M	3.6%	$74.46 *	$63.38	+11.6%	SH BEN INT	29476L107
ESS	Essex Property Trust	26,001	$7.681M	2.6%	$295.42 *	$198.31	+42.3%	COM	297178105
MAA	MID-America Apartment Communities	46,875	$7.448M	2.6%	$158.90 *	$125.24	+20.6%	COM	59522J103
ARE	Alexandria Real Estate Equities	61,010	$7.245M	2.5%	$118.75 *	$139.57	-21.1%	COM	015271109
SUI	Sun Communities	51,023	$6.896M	2.4%	$135.15	$163.66	—	COM	866674104
KIM	Kimco Realty Corp	271,790	$6.311M	2.2%	$23.22 *	$18.36	+19.4%	COM	49446R109
DOC	Healthpeak Properties	273,758	$6.261M	2.2%	$22.87 *	$21.47	-1.7%	COM	42250P103
UDR	UDR	129,983	$5.893M	2.0%	$45.34 *	$41.66	+3.2%	COM	902653104
ELS	Equity Lifestyle Properties	72,424	$5.167M	1.8%	$71.34	$74.24	—	COM	29472R108
REG	Regency Centers Corp	70,677	$5.105M	1.8%	$72.23 *	$57.53	+19.5%	COM	758849103
HST	Host Hotels & Resorts	282,768	$4.977M	1.7%	$17.60 *	$14.67	+11.4%	COM	44107P104
BXP	BXP	61,261	$4.929M	1.7%	$80.46 *	$71.34	+6.0%	COM	101121101
REXR	Rexford Industrial Realty	89,579	$4.507M	1.6%	$50.31	$62.33	—	COM	76169C100
FRT	Federal Realty Invs Trust	29,407	$3.381M	1.2%	$114.97 *	$95.50	+12.8%	SH BEN INT NEW	313745101
BRX	Brixmor Property Group	119,534	$3.33M	1.1%	$27.86	$23.22	—	COM	11120U105
COLD	Americold Realty Trust	111,967	$3.165M	1.1%	$28.27	$30.13	—	COM	03064D108
STAG	Stag Industrial	75,568	$2.954M	1.0%	$39.09	$35.29	—	COM	85254J102
VNO	Vornado Realty Trust	68,282	$2.69M	0.9%	$39.40	$28.39	—	SH BEN INT	929042109
SLG	SL Green Realty Corp	26,909	$1.873M	0.6%	$69.61	$56.83	—	COM	78440X887
MAC	Macerich Co	87,258	$1.592M	0.5%	$18.24	$13.22	—	COM	554382101
KRC	Kilroy Realty Corp	40,581	$1.57M	0.5%	$38.70	$45.93	—	COM	49427F108
—	LXP Industrial Trust	120,140	$1.207M	0.4%	$10.05	$9.13	—	COM	529043101
DRH	Diamondrock Hospitality Co	80,841	$706K	0.2%	$8.73	$8.81	—	COM	252784301
ESRT	Empire State Realty Trust	53,349	$591K	0.2%	$11.08	$7.91	—	CL A	292104106
VRE	Veris Residential	31,690	$566K	0.2%	$17.86	$15.92	—	COM	554489104
AAT	American Assets Trust	20,869	$558K	0.2%	$26.72	$25.89	—	COM	024013104
JBGS	JBG Smith Properties	31,650	$553K	0.2%	$17.48	$20.68	—	COM	46590V100
UMH	UMH Properties	25,598	$504K	0.2%	$19.67	$15.52	—	COM	903002103
RLJ	RLJ Lodging Trust	48,012	$441K	0.2%	$9.18	$11.79	—	COM	74965L101
BDN	Brandywine Realty Trust	66,296	$361K	0.1%	$5.44	$5.23	—	SH BEN INT NEW	105368203
CSR	Centerspace	4,709	$332K	0.1%	$70.47	$67.63	—	COM	15202L107
—	Hudson Pacific Properties	36,698	$175K	0.1%	$4.78	$14.84	—	COM	444097109