Latest Adelante Capital Management LLC Stock Portfolio
$1.52Billion– No. of Holdings #43
Adelante Capital Management LLC Performance:
2024 Q1: 3.97%YTD: 3.97%2023: 27.73%
Performance for 2024 Q1 is 3.97%, and YTD is 3.97%, 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 $1.5 Billions as of 31 Mar, 2024.
The top stock holdings of Adelante Capital Management LLC are PLD, EQIX, WELL. The fund has invested 14.5% of it's portfolio in PROLOGIS INC. and 10.1% of portfolio in EQUINIX INC.
The fund managers got completely rid off WP CAREY (WPC), OMEGA HEALTHCARE INVESTORS (OHI) and ALEXANDER & BALDWIN INC (ALEX) stocks. They significantly reduced their stock positions in AMERICAN TOWER CORP. (AMT), ESSEX PROPERTY TRUST, INC. (ESS) and FIRST INDUSTRIAL REALTY TRUS (FR). Adelante Capital Management LLC opened new stock positions in AMERICAN HEALTHCARE REIT, VORNADO REALTY TRUST (VNO) and AMERICOLD REALTY TRUST (COLD). The fund showed a lot of confidence in some stocks as they added substantially to REALTY INCOME (O), EASTGROUP PROPERTIES (EGP) and MARRIOTT INTERNATIONAL-CL A (MAR).
The top stock holdings of Adelante Capital Management LLC are PLD, EQIX, WELL. The fund has invested 14.5% of it's portfolio in PROLOGIS INC. and 10.1% of portfolio in EQUINIX INC.
The fund managers got completely rid off WP CAREY (WPC), OMEGA HEALTHCARE INVESTORS (OHI) and ALEXANDER & BALDWIN INC (ALEX) stocks. They significantly reduced their stock positions in AMERICAN TOWER CORP. (AMT), ESSEX PROPERTY TRUST, INC. (ESS) and FIRST INDUSTRIAL REALTY TRUS (FR). Adelante Capital Management LLC opened new stock positions in AMERICAN HEALTHCARE REIT, VORNADO REALTY TRUST (VNO) and AMERICOLD REALTY TRUST (COLD). The fund showed a lot of confidence in some stocks as they added substantially to REALTY INCOME (O), EASTGROUP PROPERTIES (EGP) and MARRIOTT INTERNATIONAL-CL A (MAR).
Adelante Capital Management LLC Equity Portfolio Value
Last Reported on: 15 May, 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 3.97% in the last quarter. In trailing 12 months, it's portfolio return was 33.91%.
New Buys
| Ticker | $ Bought |
|---|---|
| american healthcare reit | 11,568,000 |
| vornado realty trust | 10,966,000 |
| americold realty trust | 8,577,000 |
| essential properties realty | 786,000 |
| sl green realty corp. | 598,000 |
New stocks bought by Adelante Capital Management LLC
Additions
| Ticker | % Inc. |
|---|---|
| realty income | 189 |
| eastgroup properties | 49.31 |
| marriott international-cl a | 33.37 |
| brixmor property group | 30.52 |
| iron mountain | 24.98 |
| public storage | 18.02 |
| broadstone net lease | 11.52 |
| american homes 4 rent | 10.56 |
Additions to existing portfolio by Adelante Capital Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| american tower corp. | -43.46 |
| essex property trust, inc. | -42.8 |
| first industrial realty trus | -34.02 |
| boston properties, inc. | -24.81 |
| diamondrock hospitality | -21.39 |
| sba communications | -15.22 |
| playa hotels & resorts | -12.7 |
| ryman hospitality properties | -12.04 |
Adelante Capital Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| alexander & baldwin inc | -10,360,000 |
| omega healthcare investors | -12,239,000 |
| wp carey | -12,252,000 |
| cubesmart | -593,000 |
| healthpeak properties | -9,000 |
| netstreit corp | -2,000 |
Adelante Capital Management LLC got rid off the above stocks
Sector Distribution
Adelante Capital Management LLC has about 96.4% of it's holdings in Real Estate sector.
| Sector | % |
|---|---|
| Real Estate | 96.4 |
| Consumer Cyclical | 2.8 |
Market Cap. Distribution
Adelante Capital Management LLC has about 85.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 85.2 |
| MID-CAP | 10.1 |
| SMALL-CAP | 3.9 |
Stocks belong to which Index?
About 85.4% of the stocks held by Adelante Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 82.4 |
| Others | 14.7 |
| RUSSELL 2000 | 3 |
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 43 stocks in it's portfolio. About 67.4% of the portfolio is in top 10 stocks. SUI proved to be the most loss making stock for the portfolio. SPG was the most profitable stock for Adelante Capital Management LLC last quarter.
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ALEX | alexander & baldwin inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMH | american homes 4 rent | 3.07 | 1,266,030 | 46,564,000 | added | 10.56 | ||
| AMT | american tower corp. | 0.79 | 60,590 | 11,972,000 | reduced | -43.46 | ||
| ARE | alexandria real estate equit | 3.79 | 446,156 | 57,514,000 | reduced | -1.39 | ||
| AVB | avalonbay communities, inc. | 4.72 | 386,562 | 71,730,000 | added | 7.09 | ||
| BNL | broadstone net lease | 0.13 | 41,711 | 1,933,000 | added | 11.52 | ||
| BRX | brixmor property group | 2.46 | 1,596,630 | 37,441,000 | added | 30.52 | ||
| BXP | boston properties, inc. | 2.44 | 568,314 | 37,116,000 | reduced | -24.81 | ||
| COLD | americold realty trust | 0.56 | 344,209 | 8,577,000 | new | |||
| CUBE | cubesmart | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DLR | digital realty trust | 4.61 | 486,469 | 70,071,000 | reduced | -9.12 | ||
| DRH | diamondrock hospitality | 0.99 | 1,563,330 | 15,024,000 | reduced | -21.39 | ||
| EGP | eastgroup properties | 1.58 | 133,524 | 24,004,000 | added | 49.31 | ||
| ELS | equity lifestyle properties | 1.72 | 404,742 | 26,065,000 | added | 0.71 | ||
| EPRT | essential properties realty | 0.05 | 29,475 | 786,000 | new | |||
| EQIX | equinix inc. | 10.13 | 186,505 | 153,928,000 | added | 4.18 | ||
| EQR | equity residential | 5.29 | 1,273,810 | 80,390,000 | added | 2.33 | ||
| ESS | essex property trust, inc. | 0.50 | 30,681 | 7,511,000 | reduced | -42.8 | ||
| EXR | extra space storage, inc. | 3.33 | 343,739 | 50,529,000 | added | 2.93 | ||
| FR | first industrial realty trus | 0.36 | 276,692 | 5,479,000 | reduced | -34.02 | ||