13F HOLDINGS REPORT
Adelante Capital Management LLC
Quarter ended Q2 2025 · Filed August 15, 2025 · Accession 0001067926-25-000008
Total Value
$1.36B
Positions
42
Other Managers
0
Confidential Omitted
No
Holdings (42)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Welltower Inc. | WELL | 981,590 | $150,899 | 11.11% |
| 2 | Equinix Inc. | EQIX | 140,006 | $111,371 | 8.20% |
| 3 | Public Storage | PSA-PS | 244,857 | $71,846 | 5.29% |
| 4 | Digital Realty Trust | 253868103 | 407,136 | $70,977 | 5.22% |
| 5 | AvalonBay Communities, Inc. | AWX | 341,855 | $69,568 | 5.12% |
| 6 | Realty Income | O | 1,081,406 | $62,300 | 4.59% |
| 7 | Hudson Pacific Properties | 444097109 | 3,043,383 | $60,259 | 4.44% |
| 8 | Simon Property Group, Inc. | 828806109 | 368,002 | $59,160 | 4.35% |
| 9 | Vici Properties | 925652109 | 1,631,912 | $53,200 | 3.92% |
| 10 | Equity Residential | EQR | 780,332 | $52,665 | 3.88% |
| 11 | Kimco Realty Corp. | 49446R109 | 2,134,766 | $44,873 | 3.30% |
| 12 | Equity Lifestyle Properties | 29472R108 | 674,425 | $41,592 | 3.06% |
| 13 | Iron Mountain | 46284V101 | 403,205 | $41,356 | 3.04% |
| 14 | Ventas, Inc. | VTR | 613,415 | $38,737 | 2.85% |
| 15 | Extra Space Storage, Inc. | EXR | 243,070 | $35,838 | 2.64% |
| 16 | Eastgroup Properties | 277276101 | 191,849 | $32,062 | 2.36% |
| 17 | Agree Realty Corporation | 008492100 | 427,610 | $31,241 | 2.30% |
| 18 | American Homes 4 Rent | AMH-PG | 830,542 | $29,958 | 2.21% |
| 19 | Cousins Properties, Inc. | 222795502 | 902,912 | $27,115 | 2.00% |
| 20 | Regency Centers Corp. | 758849103 | 376,117 | $26,791 | 1.97% |
| 21 | Ryman Hospitality Properties | 78377T107 | 260,178 | $25,672 | 1.89% |
| 22 | ProLogis Inc. | PLDGP | 1,167,878 | $20,847 | 1.53% |
| 23 | Mid-America Apartment Commun | 59522J103 | 128,589 | $19,032 | 1.40% |
| 24 | First Industrial Realty Trus | 32054K103 | 394,445 | $18,985 | 1.40% |
| 25 | Essential Properties Realty | 29670E107 | 487,395 | $15,553 | 1.14% |
| 26 | Alexandria Real Estate Equit | 015271109 | 202,726 | $14,724 | 1.08% |
| 27 | American Tower Corp. | 03027X100 | 62,998 | $13,924 | 1.02% |
| 28 | Vornado Realty Trust | 929042109 | 361,948 | $13,841 | 1.02% |
| 29 | Healthpeak Properties | DOC | 771,586 | $13,510 | 0.99% |
| 30 | Veris Residential, Inc. | VRE | 737,945 | $10,989 | 0.81% |
| 31 | Marriott International-CL A | 571903202 | 38,637 | $10,556 | 0.78% |
| 32 | Inventrust Properties | 46124J201 | 364,286 | $9,982 | 0.73% |
| 33 | Invitation Homes Inc | INVH | 467,453 | $9,475 | 0.70% |
| 34 | BXP, Inc. | BXP | 131,341 | $8,862 | 0.65% |
| 35 | Tanger Factory Outlet Center | SKT | 268,040 | $8,196 | 0.60% |
| 36 | Americold Realty Trust | COLD | 469,411 | $7,807 | 0.57% |
| 37 | Brookdale Senior Living | 112463104 | 1,119,470 | $7,792 | 0.57% |
| 38 | Omega Healthcare Investors | 681936100 | 148,205 | $5,432 | 0.40% |
| 39 | Lamar Advertising Co-A | LAMR | 42,589 | $5,169 | 0.38% |
| 40 | SBA Communications | SBAC | 13,765 | $3,233 | 0.24% |
| 41 | Potlach Corp | 737630103 | 48,622 | $1,866 | 0.14% |
| 42 | CBRE Group | CBRE | 27,865 | $1,292 | 0.10% |