CIK 1177132
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2020-Q2. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Equity Real Estate Investment Trusts (REITs) | 70.91% | 57 |
| Unclassified | 26.56% | 40 |
| Real Estate Management & Development | 2.23% | 3 |
| Hotels, Restaurants & Leisure | 0.30% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PLD | Prologis, Inc. | Real Estate | 8.90% |
| 2 | SUI | SUN COMMUNITIES INC | Real Estate | 4.73% |
| 3 | MPT | MEDICAL PROPERTIES TRUST INC | Real Estate | 3.75% |
| 4 | CHIRON REAL ESTATE INC | Unclassified | 3.72% | |
| 5 | AMT | AMERICAN TOWER CORP /MA/ | Real Estate | 3.46% |
| 6 | ARE | ALEXANDRIA REAL ESTATE EQUITIES, INC. | Real Estate | 3.24% |
| 7 | IRT | INDEPENDENCE REALTY TRUST, INC. | Real Estate | 2.92% |
| 8 | LXP INDUSTRIAL TRUST | Unclassified | 2.76% | |
| 9 | AVB | AVALONBAY COMMUNITIES INC | Real Estate | 2.64% |
| 10 | CYRUSONE INC | Unclassified | 2.35% |
61/101 names classified · sector 73.4% of weight · industry 73.4% · mkt cap 73.4%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 73.4% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 63.6% of book weight (54/66 names) · unclassified 36.4%: , MPT, ARE, PLYM, BDN, AHRT, PEB, NXRT, RQI, XAWPX +2 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | PLDPROLOGIS INC. | 171,936 | $17M | 8.9% | HOLD |
| 2 | SUISUN CMNTYS INC | 65,356 | $9M | 4.7% | HOLD |
| 3 | MPTMEDICAL PPTYS TRUST INC | 413,609 | $7M | 3.8% | HOLD |
| 4 | CHIRON REAL ESTATE INC | 535,467 | $7M | 3.7% | HOLD |
| 5 | AMTAMERICAN TOWER CORP | 27,791 | $7M | 3.5% | ADD 8% |
| 6 | AREALEXANDRIA REAL ESTATE EQ IN | 39,300 | $6M | 3.2% | HOLD |
| 7 | IRTINDEPENDENCE RLTY TR INC | 489,429 | $6M | 2.9% | HOLD |
| 8 | LXP INDUSTRIAL TRUST | 513,638 | $5M | 2.8% | HOLD |
| 9 | AVBAVALONBAY CMNTYS INC | 34,375 | $5M | 2.6% | HOLD |
| 10 | CYRUSONE INC | 65,119 | $5M | 2.3% | HOLD |
| 11 | VTRVENTAS INC | 98,200 | $4M | 2.1% | HOLD |
| 12 | DLRDIGITAL RLTY TR INC | 25,200 | $4M | 1.9% | HOLD |
| 13 | EQREQUITY RESIDENTIAL | 69,000 | $4M | 1.8% | HOLD |
| 14 | MAAMID-AMER APT CMNTYS INC | 29,671 | $3M | 1.8% | HOLD |
| 15 | EQIXEQUINIX INC | 4,502 | $3M | 1.8% | HOLD |
| 16 | ESSEssex Property Trust | 16,500 | $3M | 1.7% | HOLD |
| 17 | PHYSICIANS RLTY TR | 179,791 | $3M | 1.7% | HOLD |
| 18 | EPREPR PPTYS | 114,660 | $3M | 1.6% | HOLD |
| 19 | DOCHEALTHPEAK PROPERTIES INC | 113,965 | $3M | 1.6% | HOLD |
| 20 | BLUEROCK RESIDENTIAL GWT REI | 405,557 | $3M | 1.6% | HOLD |
| 21 | SPGSIMON PPTY GROUP INC NEW | 47,527 | $3M | 1.6% | HOLD |
| 22 | CCICROWN CASTLE INC | 17,500 | $3M | 1.5% | ADD 25% |
| 23 | UMHUMH PPTYS INC | 195,796 | $3M | 1.4% | HOLD |
| 24 | MONMOUTH REAL ESTATE INVT CO | 178,358 | $2M | 1.3% | HOLD |
| 25 | ANNALY MORTGAGE MANAGEMENT | 319,998 | $2M | 1.2% | HOLD |
| 26 | KIMKIMCO RLTY CORP | 197,226 | $2M | 1.1% | HOLD |
| 27 | BXPBXP INC | 27,100 | $2M | 1.1% | HOLD |
| 28 | LTCLTC PPTYS INC | 60,879 | $2M | 1.1% | TRIM −19% |
| 29 | PLYMPLYMOUTH INDL REIT INC | 165,887 | $2M | 1.1% | TRIM −4% |
| 30 | UDRUDR INC | 62,000 | $2M | 1.0% | HOLD |
| 31 | OHIOMEGA HEALTHCARE INVS INC | 66,298 | $2M | 1.0% | HOLD |
| 32 | CDPCOPT DEFENSE PROPERTIES | 83,500 | $2M | 1.0% | HOLD |
| 33 | STWDSTARWOOD PPTY TR INC | 129,100 | $2M | 1.0% | HOLD |
| 34 | WELLWELLTOWER INC | 34,200 | $2M | 1.0% | HOLD |
| 35 | KRCKILROY RLTY CORP | 35,600 | $2M | 1.0% | HOLD |
| 36 | VEREIT INC | 283,716 | $2M | 0.9% | HOLD |
| 37 | BDNBRANDYWINE RLTY TR | 165,300 | $2M | 0.9% | HOLD |
| 38 | HIWHIGHWOODS PPTYS INC | 49,723 | $2M | 0.9% | HOLD |
| 39 | COLDAMERICOLD REALTY TRUST INC | 45,000 | $2M | 0.8% | HOLD |
| 40 | SBRASABRA HEALTH CARE REIT INC | 113,154 | $2M | 0.8% | HOLD |
| 41 | Weingarten Rlty Invs Common | 91,225 | $2M | 0.8% | HOLD |
| 42 | GOODGLADSTONE COMMERCIAL CORP | 88,611 | $1M | 0.8% | HOLD |
| 43 | KRGKITE RLTY GROUP TR | 125,125 | $1M | 0.7% | HOLD |
| 44 | AHRTARMADA HOFFLER PPTYS INC | 154,953 | $1M | 0.7% | HOLD |
| 45 | STORE CAPITAL CORP | 52,200 | $1M | 0.7% | HOLD |
| 46 | INVHINVITATION HOMES INC | 50,000 | $1M | 0.7% | HOLD |
| 47 | VNOVORNADO RLTY TR | 39,835 | $1M | 0.7% | HOLD |
| 48 | SL GREEN RLTY CORP | 27,900 | $1M | 0.7% | HOLD |
| 49 | CUBECUBESMART | 15,000 | $1M | 0.7% | HOLD |
| 50 | DUKE REALTY CORP | 34,370 | $1M | 0.7% | HOLD |
| 51 | LIFE STORAGE INC | 12,000 | $1M | 0.7% | HOLD |
| 52 | HEALTHCARE TR AMER INC | 48,000 | $1M | 0.6% | HOLD |
| 53 | HRHEALTHCARE REALTY TRUST | 38,697 | $1M | 0.6% | HOLD |
| 54 | VICIVICI PPTYS INC | 49,600 | $1M | 0.6% | HOLD |
| 55 | PEBPEBBLEBROOK HOTEL TR | 90,480 | $1M | 0.6% | HOLD |
| 56 | CITY OFFICE REIT INC | 144,253 | $1M | 0.6% | HOLD |
| 57 | CPTCAMDEN PPTY TR | 11,300 | $1M | 0.5% | HOLD |
| 58 | MACK CALI RLTY CORP | 78,030 | $985,000 | 0.5% | HOLD |
| 59 | NXRTNEXPOINT RESIDENTIAL TR INC | 21,102 | $936,000 | 0.5% | HOLD |
| 60 | RQICOHEN & STEERS QUALITY INCOM | 82,459 | $916,000 | 0.5% | TRIM −12% |
| 61 | XAWPXABRDN GLOBAL PREMIER PPTYS F | 196,826 | $907,000 | 0.5% | HOLD |
| 62 | APARTMENT INVT & MGMT CO | 25,451 | $858,000 | 0.4% | HOLD |
| 63 | EXREXTRA SPACE STORAGE INC | 7,910 | $846,000 | 0.4% | HOLD |
| 64 | IRMIRON MTN INC DEL | 30,000 | $804,000 | 0.4% | HOLD |
| 65 | RLJRLJ LODGING TR | 88,688 | $768,000 | 0.4% | HOLD |
| 66 | WSRWHITESTONE REIT | 124,535 | $747,000 | 0.4% | HOLD |
| 67 | CLDTCHATHAM LODGING TR | 97,000 | $739,000 | 0.4% | HOLD |
| 68 | HERSHA HOSPITALITY TR | 132,475 | $734,000 | 0.4% | HOLD |
| 69 | FPIFARMLAND PARTNERS INC | 109,344 | $728,000 | 0.4% | HOLD |
| 70 | HSTHOST HOTELS & RESORTS INC | 67,000 | $723,000 | 0.4% | HOLD |
| 71 | APLEApple Hospitality REIT, Inc. | 71,400 | $686,000 | 0.4% | HOLD |
| 72 | SPIRIT REALTY | 19,240 | $649,000 | 0.3% | HOLD |
| 73 | PKPARK HOTELS & RESORTS INC | 58,853 | $588,000 | 0.3% | HOLD |
| 74 | AMHAMERICAN HOMES 4 RENT | 20,000 | $570,000 | 0.3% | HOLD |
| 75 | HUDSON PAC PPTYS INC | 26,000 | $570,000 | 0.3% | HOLD |
| 76 | JERNIGAN CAP INC | 30,140 | $517,000 | 0.3% | HOLD |
| 77 | SITE CTRS CORP | 68,500 | $493,000 | 0.3% | HOLD |
| 78 | OLPONE LIBERTY PPTYS INC | 29,603 | $484,000 | 0.2% | HOLD |
| 79 | EPRTESSENTIAL PPTYS RLTY TR INC | 25,000 | $458,000 | 0.2% | HOLD |
| 80 | RPT REALTY | 82,220 | $447,000 | 0.2% | HOLD |
| 81 | BRXBRIXMOR PPTY GROUP INC | 37,775 | $442,000 | 0.2% | HOLD |
| 82 | NEW SR INVT GROUP INC | 104,121 | $416,000 | 0.2% | HOLD |
| 83 | INVESTORS REAL ESTATE TRUST | 6,281 | $409,000 | 0.2% | HOLD |
| 84 | URSTADT BIDDLE PROPERTIES | 40,500 | $373,000 | 0.2% | HOLD |
| 85 | RETAIL OPPORTUNITY INVESTMENTS | 35,000 | $365,000 | 0.2% | HOLD |
| 86 | MACMACERICH CO | 49,395 | $335,000 | 0.2% | HOLD |
| 87 | AKRACADIA RLTY TR | 30,000 | $315,000 | 0.2% | HOLD |
| 88 | DRHDIAMONDROCK HOSPITALITY CO | 60,603 | $307,000 | 0.2% | HOLD |
| 89 | PREFERRED APT CMNTYS INC | 56,479 | $305,000 | 0.2% | HOLD |
| 90 | BRAEMAR HOTELS & RESORTS INC | 25,000 | $301,000 | 0.2% | HOLD |
| 91 | COLONY CAP INC NEW | 104,980 | $287,000 | 0.1% | HOLD |
| 92 | BHRBRAEMAR HOTELS & RESORTS INC | 111,762 | $279,000 | 0.1% | HOLD |
| 93 | FSPFRANKLIN STR PPTYS CORP | 76,269 | $279,000 | 0.1% | HOLD |
| 94 | WASHINGTON PRIME GROUP NEW | 331,148 | $214,000 | 0.1% | HOLD |
| 95 | EOSEATON VANCE ENHANCED EQUITY | 9,563 | $176,000 | 0.1% | TRIM −73% |
| 96 | CONDOR HOSPITALITY TR INC | 59,420 | $156,000 | 0.1% | HOLD |
| 97 | PENNSYLVANIA REAL ESTATE INV | 203,491 | $113,000 | 0.1% | HOLD |
| 98 | CBL & ASSOC PPTYS INC | 528,694 | $85,000 | 0.0% | HOLD |
| 99 | CEDAR REALTY TRUST INC | 103,627 | $84,000 | 0.0% | HOLD |
| 100 | NNNNNN REIT INC | 600 | $21,000 | 0.0% | TRIM −100% |
| 101 | ASHFORD HOSPITALITY TR INC | 10,500 | $17,000 | 0.0% | NEW |
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