Adelante Capital Management LLC Q2 2025 Filing

Filed August 15, 2025

Portfolio Value

$1.4B

Holdings

42

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (42 positions)

#StockSharesValue% PortfolioType
1
WELLWelltower Inc.
981,590$150.9M11.11%
2
EQIXEquinix Inc.
140,006$111.4M8.20%
3
PSAPublic Storage
244,857$71.8M5.29%
4
FQIDigital Realty Trust
407,136$71.0M5.22%
5
AVBAvalonBay Communities, Inc.
341,855$69.6M5.12%
6
ORealty Income
1,081,406$62.3M4.59%
7
HPPHudson Pacific Properties
3,043,383$60.3M4.44%
8
SPGSimon Property Group, Inc.
368,002$59.2M4.35%
9
VICIVici Properties
1,631,912$53.2M3.92%
10
EQREquity Residential
780,332$52.7M3.88%
11
KIMKimco Realty Corp.
2,134,766$44.9M3.30%
12
ELSEquity Lifestyle Properties
674,425$41.6M3.06%
13
IRMIron Mountain
403,205$41.4M3.04%
14
VENVentas, Inc.
613,415$38.7M2.85%
15
EXRExtra Space Storage, Inc.
243,070$35.8M2.64%
16
EGPEastgroup Properties
191,849$32.1M2.36%
17
ADCAgree Realty Corporation
427,610$31.2M2.30%
18
AMHAmerican Homes 4 Rent
830,542$30.0M2.21%
19
CUZCousins Properties, Inc.
902,912$27.1M2.00%
20
REGRegency Centers Corp.
376,117$26.8M1.97%
21
RHPRyman Hospitality Properties
260,178$25.7M1.89%
22
PLDProLogis Inc.
1,167,878$20.8M1.53%
23
MAAMid-America Apartment Commun
128,589$19.0M1.40%
24
FRFirst Industrial Realty Trus
394,445$19.0M1.40%
25
EPRTEssential Properties Realty
487,395$15.6M1.14%
26
AREAlexandria Real Estate Equit
202,726$14.7M1.08%
27
AMTAmerican Tower Corp.
62,998$13.9M1.02%
28
VNOVornado Realty Trust
361,948$13.8M1.02%
29
DOCHealthpeak Properties
771,586$13.5M0.99%
30
VREVeris Residential, Inc.
737,945$11.0M0.81%
31
MARMarriott International-CL A
38,637$10.6M0.78%
32
IVTInventrust Properties
364,286$10.0M0.73%
33
INVHInvitation Homes Inc
467,453$9.5M0.70%
34
BXPBXP, Inc.
131,341$8.9M0.65%
35
SKTTanger Factory Outlet Center
268,040$8.2M0.60%
36
COLDAmericold Realty Trust
469,411$7.8M0.57%
37
B7SBrookdale Senior Living
1,119,470$7.8M0.57%
38
OHIOmega Healthcare Investors
148,205$5.4M0.40%
39
LAMRLamar Advertising Co-A
42,589$5.2M0.38%
40
SBACSBA Communications
13,765$3.2M0.24%
41
PCHPotlach Corp
48,622$1.9M0.14%
42
CBRECBRE Group
27,865$1.3M0.10%