Latest Adelante Capital Management LLC Stock Portfolio
$1.27Billion– No. of Holdings #42
Adelante Capital Management LLC Performance:
2024 Q2: -6.6%YTD: -2.89%2023: 27.73%
Performance for 2024 Q2 is -6.6%, and YTD is -2.89%, and 2023 is 27.73%.
About Adelante Capital Management LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Adelante Capital Management LLC reported an equity portfolio of $1.3 Billions as of 30 Jun, 2024.
The top stock holdings of Adelante Capital Management LLC are PLD, EQIX, WELL. The fund has invested 13.4% of it's portfolio in PROLOGIS INC. and 10.2% of portfolio in EQUINIX INC.
The fund managers got completely rid off REXFORD INDUSTRIAL REALTY (REXR), SL GREEN REALTY CORP. (SLG) and SBA COMMUNICATIONS (SBAC) stocks. They significantly reduced their stock positions in DIAMONDROCK HOSPITALITY (DRH), AMERICOLD REALTY TRUST (COLD) and ESSEX PROPERTY TRUST, INC. (ESS). Adelante Capital Management LLC opened new stock positions in OMEGA HEALTHCARE INVESTORS (OHI) and CROWN CASTLE INC (CCI). The fund showed a lot of confidence in some stocks as they added substantially to RYMAN HOSPITALITY PROPERTIES (RHP), EASTGROUP PROPERTIES (EGP) and REALTY INCOME (O).
The top stock holdings of Adelante Capital Management LLC are PLD, EQIX, WELL. The fund has invested 13.4% of it's portfolio in PROLOGIS INC. and 10.2% of portfolio in EQUINIX INC.
The fund managers got completely rid off REXFORD INDUSTRIAL REALTY (REXR), SL GREEN REALTY CORP. (SLG) and SBA COMMUNICATIONS (SBAC) stocks. They significantly reduced their stock positions in DIAMONDROCK HOSPITALITY (DRH), AMERICOLD REALTY TRUST (COLD) and ESSEX PROPERTY TRUST, INC. (ESS). Adelante Capital Management LLC opened new stock positions in OMEGA HEALTHCARE INVESTORS (OHI) and CROWN CASTLE INC (CCI). The fund showed a lot of confidence in some stocks as they added substantially to RYMAN HOSPITALITY PROPERTIES (RHP), EASTGROUP PROPERTIES (EGP) and REALTY INCOME (O).
Adelante Capital Management LLC Equity Portfolio Value
Last Reported on: 14 Aug, 2024
Adelante Capital Management LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Adelante Capital Management LLC made a return of -6.6% in the last quarter. In trailing 12 months, it's portfolio return was 20.97%.
New Buys
| Ticker | $ Bought |
|---|---|
| omega healthcare investors | 8,865,000 |
| crown castle inc | 1,405,000 |
New stocks bought by Adelante Capital Management LLC
Additions
| Ticker | % Inc. |
|---|---|
| ryman hospitality properties | 109 |
| eastgroup properties | 32.68 |
| realty income | 22.25 |
| first industrial realty trus | 13.21 |
| brixmor property group | 11.28 |
| american healthcare reit | 6.57 |
| digital realty trust | 3.46 |
| lamar advertising co-a | 3.27 |
Additions to existing portfolio by Adelante Capital Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| diamondrock hospitality | -97.17 |
| americold realty trust | -92.49 |
| essex property trust, inc. | -85.11 |
| mid-america apartment commun | -32.03 |
| american tower corp. | -29.65 |
| bxp, inc. | -25.29 |
| kimco realty corp. | -25.26 |
| marriott international-cl a | -23.58 |
Adelante Capital Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| rexford industrial realty | -9,371,000 |
| sl green realty corp. | -598,000 |
| sba communications | 0.00 |
Adelante Capital Management LLC got rid off the above stocks
Sector Distribution
Adelante Capital Management LLC has about 97.3% of it's holdings in Real Estate sector.
| Sector | % |
|---|---|
| Real Estate | 97.3 |
| Consumer Cyclical | 1.7 |
Market Cap. Distribution
Adelante Capital Management LLC has about 88.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 88.3 |
| MID-CAP | 8.6 |
| SMALL-CAP | 2.2 |
Stocks belong to which Index?
About 80.1% of the stocks held by Adelante Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 80.1 |
| Others | 18.9 |
Adelante Capital Management LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Adelante Capital Management LLC
Adelante Capital Management LLC has 42 stocks in it's portfolio. About 73.1% of the portfolio is in top 10 stocks. EXR proved to be the most loss making stock for the portfolio. SUI was the most profitable stock for Adelante Capital Management LLC last quarter.
Last Reported on: 14 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMH | american homes 4 rent | 3.70 | 1,259,810 | 46,815,000 | reduced | -0.49 | ||
| AMT | american tower corp. | 0.65 | 42,627 | 8,286,000 | reduced | -29.65 | ||
| ARE | alexandria real estate equit | 4.02 | 434,810 | 50,860,000 | reduced | -2.54 | ||
| AVB | avalonbay communities, inc. | 6.29 | 385,130 | 79,679,000 | reduced | -0.37 | ||
| BNL | broadstone net lease | 0.13 | 34,841 | 1,615,000 | reduced | -16.47 | ||
| BRX | brixmor property group | 3.24 | 1,776,670 | 41,024,000 | added | 11.28 | ||
| BXP | bxp, inc. | 2.06 | 424,588 | 26,138,000 | reduced | -25.29 | ||
| CCI | crown castle inc | 0.11 | 14,376 | 1,405,000 | new | |||
| COLD | americold realty trust | 0.05 | 25,844 | 661,000 | reduced | -92.49 | ||
| DLR | digital realty trust | 6.04 | 503,300 | 76,527,000 | added | 3.46 | ||
| DRH | diamondrock hospitality | 0.03 | 44,259 | 374,000 | reduced | -97.17 | ||
| EGP | eastgroup properties | 2.38 | 177,161 | 30,135,000 | added | 32.68 | ||
| ELS | equity lifestyle properties | 1.89 | 367,691 | 23,948,000 | reduced | -9.15 | ||
| EPRT | essential properties realty | 0.06 | 27,347 | 758,000 | reduced | -7.22 | ||
| EQIX | equinix inc. | 10.16 | 170,110 | 128,705,000 | reduced | -8.79 | ||
| EQR | equity residential | 6.32 | 1,154,890 | 80,081,000 | reduced | -9.34 | ||
| ESS | essex property trust, inc. | 0.10 | 4,569 | 1,244,000 | reduced | -85.11 | ||
| EXR | extra space storage, inc. | 0.45 | 285,649 | 5,656,000 | reduced | -16.9 | ||
| FR | first industrial realty trus | 1.18 | 313,237 | 14,882,000 | added | 13.21 | ||
| HLT | hilton, inc. | 0.09 | 5,409 | 1,180,000 | reduced | -22.77 | ||