13F HOLDINGS REPORT
GRS Advisors, LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001172661-25-004843
Total Value
$1.07B
Positions
31
Other Managers
0
Confidential Omitted
No
Holdings (31)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CROWN CASTLE INC | CCI | 1,294,803 | $124.9M | 11.69% |
| 2 | VAIL RESORTS INC | MTN | 452,114 | $67.6M | 6.33% |
| 3 | FEDERAL RLTY INVT TR NEW | 313745101 | 655,162 | $66.4M | 6.21% |
| 4 | HIGHWOODS PPTYS INC | 431284108 | 2,046,809 | $65.1M | 6.10% |
| 5 | EQUINIX INC | EQIX | 80,895 | $63.4M | 5.93% |
| 6 | HYATT HOTELS CORP | H | 439,810 | $62.4M | 5.84% |
| 7 | AMERICAN HEALTHCARE REIT INC | AHR | 1,480,722 | $62.2M | 5.82% |
| 8 | CARETRUST REIT INC | CTRE | 1,550,583 | $53.8M | 5.03% |
| 9 | CURBLINE PPTYS CORP | 23128Q101 | 2,402,558 | $53.6M | 5.01% |
| 10 | RYMAN HOSPITALITY PPTYS INC | 78377T107 | 511,078 | $45.8M | 4.29% |
| 11 | OUTFRONT MEDIA INC | OUT | 2,468,232 | $45.2M | 4.23% |
| 12 | LINEAGE INC | LINE | 1,105,351 | $42.7M | 4.00% |
| 13 | TANGER INC | SKT | 1,178,942 | $39.9M | 3.73% |
| 14 | NORWEGIAN CRUISE LINE HLDG L | NCLH | 1,390,358 | $34.2M | 3.21% |
| 15 | VORNADO RLTY TR | 929042109 | 791,560 | $32.1M | 3.00% |
| 16 | PURSUIT ATTRACTIONS AND HOSP | 92552R406 | 787,930 | $28.5M | 2.67% |
| 17 | TOLL BROTHERS INC | TOL | 205,612 | $28.4M | 2.66% |
| 18 | COPT DEFENSE PROPERTIES | CDP | 977,264 | $28.4M | 2.66% |
| 19 | WELLTOWER INC | WELL | 133,616 | $23.8M | 2.23% |
| 20 | PULTE GROUP INC | 745867101 | 147,637 | $19.5M | 1.83% |
| 21 | JONES LANG LASALLE INC | JLL | 62,554 | $18.7M | 1.75% |
| 22 | CBRE GROUP INC | CBRE | 116,793 | $18.4M | 1.72% |
| 23 | DIGITAL RLTY TR INC | 253868103 | 104,375 | $18.0M | 1.69% |
| 24 | CARNIVAL CORP | CUKPF | 399,186 | $11.5M | 1.08% |
| 25 | VENTAS INC | VTR | 37,287 | $2.6M | 0.24% |
| 26 | CUBESMART | CUBE | 56,153 | $2.3M | 0.21% |
| 27 | INVITATION HOMES INC | INVH | 77,407 | $2.3M | 0.21% |
| 28 | GAMING & LEISURE PPTYS INC | 36467J108 | 46,885 | $2.2M | 0.20% |
| 29 | SBA COMMUNICATIONS CORP NEW | SBAC | 10,835 | $2.1M | 0.20% |
| 30 | UDR INC | UDR | 51,016 | $1.9M | 0.18% |
| 31 | WYNDHAM HOTELS & RESORTS INC | WH | 5,046 | $403,175 | 0.04% |