ALEXANDRIA REAL ESTATE EQ IN

Ticker: ARE CUSIP: 015271109 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (77)

Kawa Capital Management, Inc
Value ($000) $7,926 Shares 160,000
Long Pond Capital, LP
Value ($000) $23,452 Shares 479,200
QVIDTVM Management LLC
Value ($000) $1,958 Shares 40,000
CM Management, LLC
Value ($000) $1,468 Shares 30,000
Monaco Asset Management SAM
Value ($000) $6,582 Shares 134,500
LECAP ASSET MANAGEMENT LTD
Value ($000) $2,006 Shares 40,995
Freestone Grove Partners LP
Value ($000) $72,144 Shares 1,474,123
LM Advisors LLC
Value ($000) $20 Shares 983
Lighthouse Investment Partners, LLC
Value ($000) $5,975 Shares 122,096
Copley Financial Group, Inc.
Value ($000) $348 Shares 7,104
Voss Capital, LLC
Value ($000) $3,671 Shares 75,000
Quantbot Technologies LP
Value ($000) $5,140 Shares 105,034
Brown Financial Advisors
Value ($000) $445 Shares 9,088
Virtus ETF Advisers LLC
Value ($000) $305 Shares 6,228
Neo Ivy Capital Management
Value ($000) $717 Shares 14,654
Portolan Capital Management, LLC
Value ($000) $2,132 Shares 43,555
Blackhawk Capital Partners LLC.
Value ($000) $304 Shares 6,202
TUDOR INVESTMENT CORP ET AL
Value ($000) $31,157 Shares 636,640
Apollo Management Holdings, L.P.
Value ($000) $7,082 Shares 144,700
Connor, Clark & Lunn Investment Management Ltd.
Value ($000) $17,448 Shares 356,512

Increased Positions (178)

LASALLE INVESTMENT MANAGEMENT SECURITIES LLC
Value ($000) $83,356 (-15.8%) Shares 1,703,228 (+43.4%)
TT Capital Management LLC
Value ($000) $3,990 (-30.4%) Shares 81,523 (+18.5%)
Adelante Capital Management LLC
Value ($000) $19,443 (+222.2%) Shares 397,289 (+448.7%)
GSI Capital Advisors LLC
Value ($000) $2,747 (-27.5%) Shares 56,132 (+23.4%)
NUANCE INVESTMENTS, LLC
Value ($000) $9,371 (+209.4%) Shares 191,480 (+426.8%)
NAN FUNG TRINITY (HK) LTD
Value ($000) $11,696 (-20.2%) Shares 238,981 (+35.8%)
Analyst IMS Investment Management Services Ltd.
Value ($000) $45 (-24.8%) Shares 929,106 (+28.1%)
CENTERSQUARE INVESTMENT MANAGEMENT LLC
Value ($000) $78,405 (+62.7%) Shares 1,602,065 (+177.0%)
THOMPSON INVESTMENT MANAGEMENT, INC.
Value ($000) $8,422 (-10.2%) Shares 172,094 (+53.0%)
Vert Asset Management LLC
Value ($000) $3,628 (-38.0%) Shares 74,130 (+5.5%)
DUFF & PHELPS INVESTMENT MANAGEMENT CO
Value ($000) $48,932 (+30.5%) Shares 999,846 (+122.2%)
Quinn Opportunity Partners LLC
Value ($000) $9,837 (+73.6%) Shares 201,000 (+195.6%)
Gradient Investments LLC
Value ($000) $12,619 (+812.5%) Shares 257,838 (+1453.9%)
Taylor Frigon Capital Management LLC
Value ($000) $1,707 (-37.7%) Shares 34,871 (+6.1%)
TOCQUEVILLE ASSET MANAGEMENT L.P.
Value ($000) $18,076 (+36.4%) Shares 369,340 (+132.3%)
Vanderbilt University
Value ($000) $2,147 (+15.5%) Shares 43,875 (+96.6%)
Mattson Financial Services, LLC
Value ($000) $979 (+295.4%) Shares 20,006 (+573.4%)
Stamos Capital Partners, L.P.
Value ($000) $1,533 (+40.2%) Shares 31,332 (+138.7%)
NEW ENGLAND ASSET MANAGEMENT INC
Value ($000) $2,977 (-20.3%) Shares 60,825 (+35.7%)
INVESTED ADVISORS
Value ($000) $236 (-12.2%) Shares 4,816 (+74.7%)

Decreased Positions (219)

HAHN CAPITAL MANAGEMENT LLC
Value ($000) $3,721 (-60.7%) Shares 76,042 (-33.1%)
Leibman Financial Services, Inc.
Value ($000) $2,413 (-48.4%) Shares 49,297 (-12.2%)
First Financial Bankshares Inc
Value ($000) $4,877 (-91.6%) Shares 99,661 (-85.6%)
Palouse Capital Management, Inc.
Value ($000) $1,391 (-55.0%) Shares 28,414 (-23.4%)
Heitman Real Estate Securities LLC
Value ($000) $3,308 (-78.8%) Shares 67,593 (-63.9%)
Weaver C. Barksdale & Associates, Inc.
Value ($000) $1,055 (-47.2%) Shares 21,534 (-10.4%)
CRAWFORD INVESTMENT COUNSEL INC
Value ($000) $2,243 (-94.2%) Shares 45,826 (-90.1%)
DAVENPORT & Co LLC
Value ($000) $2,609 (-97.2%) Shares 53,305 (-95.2%)
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC
Value ($000) $8,717 (-78.7%) Shares 178,107 (-63.8%)
SCHNIEDERS CAPITAL MANAGEMENT, LLC.
Value ($000) $275 (-90.8%) Shares 5,614 (-84.4%)
Washington Trust Advisors, Inc.
Value ($000) $2,549 (-70.0%) Shares 52,092 (-48.9%)
Core Alternative Capital
Value ($000) $9 (-99.4%) Shares 175 (-99.0%)
Cascade Investment Advisors, Inc.
Value ($000) $496 (-60.9%) Shares 10,132 (-33.5%)
ADVOCATE GROUP LLC
Value ($000) $2,077 (-56.0%) Shares 42,433 (-25.1%)
Raleigh Capital Management Inc.
Value ($000) $0 (-100.0%) Shares 9 (-99.9%)
Susquehanna Portfolio Strategies, LLC
Value ($000) $1,580 (-91.5%) Shares 32,292 (-85.5%)
SRS Capital Advisors, Inc.
Value ($000) $118 (-99.1%) Shares 2,403 (-98.4%)
CHILTON CAPITAL MANAGEMENT LLC
Value ($000) $180 (-97.4%) Shares 3,677 (-95.5%)
NAPLES GLOBAL ADVISORS, LLC
Value ($000) $997 (-77.4%) Shares 20,112 (-61.5%)
FEDERATED HERMES, INC.
Value ($000) $32 (-100.0%) Shares 663 (-99.9%)

Exited Positions (193)

Act Two Investors LLC
Value ($000) $22,943 Shares 275,290
NFJ INVESTMENT GROUP, LLC
Value ($000) $96,787 Shares 1,161,349
Randolph Co Inc
Value ($000) $24,916 Shares 298,972
B&I Capital AG
Value ($000) $6,540 Shares 78,473
Socorro Asset Management LP
Value ($000) $5,196 Shares 62,346
HUTCHINSON CAPITAL MANAGEMENT/CA
Value ($000) $8,569 Shares 102,820
MORGAN DEMPSEY CAPITAL MANAGEMENT LLC
Value ($000) $2,416 Shares 28,541
CCLA Investment Management
Value ($000) $69 Shares 829,124
HARVEY CAPITAL MANAGEMENT INC
Value ($000) $3,800 Shares 45,600
IBEX WEALTH ADVISORS
Value ($000) $6,501 Shares 78,003
WASHBURN CAPITAL MANAGEMENT, INC.
Value ($000) $1,072 Shares 12,860
Greenland Capital Management LP
Value ($000) $4,010 Shares 48,119
MENORA MIVTACHIM HOLDINGS LTD.
Value ($000) $61,255 Shares 735,000
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.
Value ($000) $6,040 Shares 72,480
OPINICUS CAPITAL, INC.
Value ($000) $542 Shares 6,502
Leeward Investments, LLC - MA
Value ($000) $6,028 Shares 72,332
Uniplan Investment Counsel, Inc.
Value ($000) $3,192 Shares 38,303
First Pacific Financial
Value ($000) $2,285 Shares 27,415
Sage Investment Counsel LLC
Value ($000) $311 Shares 3,727
CFC Planning Co LLC
Value ($000) $412 Shares 4,943