Latest Adelante Capital Management LLC Stock Portfolio
$1.44Billion
Equity Portfolio Value
Last Reported on: 15 Feb, 2024
About Adelante Capital Management LLC and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Adelante Capital Management LLC reported an equity portfolio of $1.2 Billions as of 30 Sep, 2023.
The top stock holdings of Adelante Capital Management LLC are PLD, EQIX, WELL. The fund has invested 16.2% of it's portfolio in PROLOGIS INC. and 10.6% of portfolio in EQUINIX INC.
The fund managers got completely rid off CBRE GROUP (CBRE), CROWN CASTLE INC (CCI) and LIFE STORAGE INC stocks. They significantly reduced their stock positions in CAMDEN PROPERTY TRUST (CPT), RETAIL OPPORTUNITY INVESTMEN (ROIC) and SABRA HEALTH CARE REIT INC (SBRA). Adelante Capital Management LLC opened new stock positions in ELME COMMUNITIES (WRE) and INVENTRUST PROPERTIES (IVT). The fund showed a lot of confidence in some stocks as they added substantially to DIAMONDROCK HOSPITALITY (DRH), SUN COMMUNITIES, INC. (SUI) and FIRST INDUSTRIAL REALTY TRUS (FR).
The top stock holdings of Adelante Capital Management LLC are PLD, EQIX, WELL. The fund has invested 16.2% of it's portfolio in PROLOGIS INC. and 10.6% of portfolio in EQUINIX INC.
The fund managers got completely rid off CBRE GROUP (CBRE), CROWN CASTLE INC (CCI) and LIFE STORAGE INC stocks. They significantly reduced their stock positions in CAMDEN PROPERTY TRUST (CPT), RETAIL OPPORTUNITY INVESTMEN (ROIC) and SABRA HEALTH CARE REIT INC (SBRA). Adelante Capital Management LLC opened new stock positions in ELME COMMUNITIES (WRE) and INVENTRUST PROPERTIES (IVT). The fund showed a lot of confidence in some stocks as they added substantially to DIAMONDROCK HOSPITALITY (DRH), SUN COMMUNITIES, INC. (SUI) and FIRST INDUSTRIAL REALTY TRUS (FR).
New Buys
| Ticker | $ Bought |
|---|---|
| WP CAREY | 12,252,000 |
| OMEGA HEALTHCARE INVESTORS | 12,239,000 |
| HEALTHPEAK PROPERTIES | 9,000 |
New stocks bought by Adelante Capital Management LLC
Additions
| Ticker | % Inc. |
|---|---|
| AVALONBAY COMMUNITIES, INC. | 143 |
| IRON MOUNTAIN | 109 |
| INVENTRUST PROPERTIES | 75.66 |
| EASTGROUP PROPERTIES | 70.09 |
| SUN COMMUNITIES, INC. | 52.66 |
| DIGITAL REALTY TRUST | 49.66 |
| DIAMONDROCK HOSPITALITY | 28.87 |
| ELME COMMUNITIES | 22.49 |
Additions to existing portfolio by Adelante Capital Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| NETSTREIT CORP | -99.99 |
| CUBESMART | -96.31 |
| ESSEX PROPERTY TRUST, INC. | -68.2 |
| REALTY INCOME | -63.83 |
| EQUITY LIFESTYLE PROPERTIES | -27.55 |
| MARRIOTT INTERNATIONAL-CL A | -19.72 |
| AMERICAN TOWER CORP. | -19.03 |
| BROADSTONE NET LEASE | -16.29 |
Adelante Capital Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| SABRA HEALTH CARE REIT INC | -13,550,000 |
| RETAIL OPPORTUNITY INVESTMEN | -1,286,000 |
| CAMDEN PROPERTY TRUST | -5,740,000 |
Adelante Capital Management LLC got rid off the above stocks
Current Stock Holdings of Adelante Capital Management LLC
Last Reported on: 15 Feb, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| ALEX | ALEXANDER & BALDWIN INC | 0.72 | 544,666 | 10,360,000 | REDUCED | -14.07 | |
| AMH | AMERICAN HOMES 4 RENT | 2.85 | 1,145,100 | 41,177,000 | REDUCED | -6.72 | |
| AMT | AMERICAN TOWER CORP. | 1.60 | 107,157 | 23,133,000 | REDUCED | -19.03 | |
| ARE | ALEXANDRIA REAL ESTATE EQUIT | 3.98 | 452,465 | 57,359,000 | REDUCED | -6.2 | |
| AVB | AVALONBAY COMMUNITIES, INC. | 4.68 | 360,964 | 67,579,000 | ADDED | 143 | |
| BNL | BROADSTONE NET LEASE | 0.04 | 37,401 | 644,000 | REDUCED | -16.29 | |
| BRX | BRIXMOR PROPERTY GROUP | 1.97 | 1,223,330 | 28,467,000 | REDUCED | -6.00 | |
| BXP | BOSTON PROPERTIES, INC. | 3.67 | 755,866 | 53,039,000 | ADDED | 3.82 | |
| CPT | CAMDEN PROPERTY TRUST | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CUBE | CUBESMART | 0.04 | 12,789 | 593,000 | REDUCED | -96.31 | |
| DLR | DIGITAL REALTY TRUST | 4.99 | 535,295 | 72,040,000 | ADDED | 49.66 | |
| DRH | DIAMONDROCK HOSPITALITY | 1.29 | 1,988,780 | 18,675,000 | ADDED | 28.87 | |
| EGP | EASTGROUP PROPERTIES | 1.14 | 89,426 | 16,414,000 | ADDED | 70.09 | |
| ELS | EQUITY LIFESTYLE PROPERTIES | 1.96 | 401,890 | 28,349,000 | REDUCED | -27.55 | |
| EQIX | EQUINIX INC. | 9.99 | 179,025 | 144,185,000 | REDUCED | -0.38 | |
| EQR | EQUITY RESIDENTIAL | 5.28 | 1,244,840 | 76,135,000 | REDUCED | -5.47 | |
| ESS | ESSEX PROPERTY TRUST, INC. | 0.92 | 53,639 | 13,300,000 | REDUCED | -68.2 | |
| EXR | EXTRA SPACE STORAGE, INC. | 3.71 | 333,953 | 53,543,000 | ADDED | 7.02 | |
| FR | FIRST INDUSTRIAL REALTY TRUS | 1.53 | 419,342 | 22,087,000 | ADDED | 8.52 | |
| HLT | HILTON, INC. | 0.10 | 7,511 | 1,368,000 | REDUCED | -11.02 | |
| INVH | INVITATION HOMES INC | 1.93 | 816,658 | 27,857,000 | REDUCED | -4.82 | |
| IRM | IRON MOUNTAIN | 0.07 | 14,044 | 983,000 | ADDED | 109 | |
| IVT | INVENTRUST PROPERTIES | 0.61 | 348,435 | 8,830,000 | ADDED | 75.66 | |
| KIM | KIMCO REALTY CORP. | 4.14 | 2,802,090 | 59,712,000 | REDUCED | -5.81 | |
| LAMR | LAMAR ADVERTISING CO-A | 0.44 | 60,117 | 6,389,000 | ADDED | 9.25 | |
| MAA | MID-AMERICA APARTMENT COMMUN | 2.19 | 234,952 | 31,592,000 | REDUCED | -8.98 | |
| MAR | MARRIOTT INTERNATIONAL-CL A | 0.69 | 44,060 | 9,936,000 | REDUCED | -19.72 | |
| NTST | NETSTREIT CORP | 0.00 | 100 | 2,000 | REDUCED | -99.99 | |
| O | REALTY INCOME | 0.07 | 18,965 | 1,089,000 | REDUCED | -63.83 | |
| OHI | OMEGA HEALTHCARE INVESTORS | 0.85 | 399,212 | 12,239,000 | NEW | ||
| PCH | POTLACH CORP | 0.11 | 31,744 | 1,559,000 | REDUCED | -7.6 | |
| PEAK | HEALTHPEAK PROPERTIES | 0.00 | 439 | 9,000 | NEW | ||
| PLD | PROLOGIS INC. | 15.33 | 1,659,810 | 221,253,000 | REDUCED | -6.74 | |
| PLYA | PLAYA HOTELS & RESORTS | 1.02 | 1,698,680 | 14,693,000 | REDUCED | -10.24 | |
| PSA | PUBLIC STORAGE | 5.73 | 271,038 | 82,667,000 | ADDED | 6.77 | |
| REXR | REXFORD INDUSTRIAL REALTY | 0.00 | 189,880 | 0.00 | ADDED | 8.18 | |
| RHP | RYMAN HOSPITALITY PROPERTIES | 1.19 | 156,150 | 17,186,000 | REDUCED | -14.47 | |
| ROIC | RETAIL OPPORTUNITY INVESTMEN | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| SBAC | SBA COMMUNICATIONS | 0.15 | 8,355 | 2,120,000 | ADDED | 5.96 | |
| SBRA | SABRA HEALTH CARE REIT INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| SPG | SIMON PROPERTY GROUP, INC. | 0.00 | 594,591 | 0.00 | ADDED | 3.68 | |
| SUI | SUN COMMUNITIES, INC. | 2.51 | 271,508 | 36,287,000 | ADDED | 52.66 | |
| VICI | VICI PROPERTIES | 0.38 | 169,977 | 5,419,000 | ADDED | 3.96 | |
| VTR | VENTAS, INC. | 2.56 | 740,984 | 36,930,000 | REDUCED | -2.63 | |
| WELL | WELLTOWER INC. | 8.11 | 1,297,490 | 116,995,000 | ADDED | 7.75 | |
| WPC | WP CAREY | 0.85 | 189,053 | 12,252,000 | NEW | ||
| WRE | ELME COMMUNITIES | 0.60 | 596,900 | 8,715,000 | ADDED | 22.49 |