Institutional Manager · CIK 0001544554
GRS Advisors, LLC
Chicago, IL · File #028-14968
Latest AUM
$1.11B
Positions
33
Top-10 Concentration
56.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | WYNDHAM HOTELS & RESORTS INC | WH | +901,098 | +$68.1M | -$21,899 |
| EXITED | HYATT HOTELS CORP | 448579102 | -439,810 | -$62.4M | $0 |
| REDUCE | VAIL RESORTS INC | MTN | -437,137 | -$58.1M | -$7.6M |
| REDUCE | CROWN CASTLE INC | CCI | -601,791 | -$53.5M | -$9.9M |
| ADD | SBA COMMUNICATIONS CORP NEW | SBAC | +253,421 | +$49.0M | +$867 |
| NEW | REGENCY CTRS CORP | 758849103 | +694,169 | +$47.9M | $0 |
| NEW | DIGITALBRIDGE GROUP INC | DBRG-PJ | +2,571,868 | +$39.5M | $0 |
| NEW | CAMDEN PPTY TR | 133131102 | +345,599 | +$38.0M | $0 |
| NEW | MERITAGE HOMES CORP | MTH | +514,743 | +$33.9M | $0 |
| NEW | MACERICH CO | MAC | +1,797,730 | +$33.2M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202533 pos · $1.11B
- 13F HOLDINGS REPORTQ/E Sep 202531 pos · $1.07B
- 13F HOLDINGS REPORTQ/E Jun 202527 pos · $1.04B
- 13F HOLDINGS REPORTQ/E Mar 202532 pos · $961.1M
- 13F HOLDINGS REPORTQ/E Dec 202430 pos · $1.01B
- 13F HOLDINGS REPORTQ/E Sep 202427 pos · $1.06B
- 13F HOLDINGS REPORTQ/E Jun 202426 pos · $867.1M
- 13F HOLDINGS REPORTQ/E Mar 202430 pos · $745.0M
- 13F HOLDINGS REPORTQ/E Dec 202330 pos · $565.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | EQUINIX INC | EQIX | 105,044 | $80.5M | 7.22% |
| 2 | OUTFRONT MEDIA INC | OUT | 3,286,607 | $79.2M | 7.11% |
| 3 | WYNDHAM HOTELS & RESORTS INC | WH | 906,144 | $68.5M | 6.14% |
| 4 | RYMAN HOSPITALITY PPTYS INC | 78377T107 | 719,104 | $68.0M | 6.10% |
| 5 | CROWN CASTLE INC | CCI | 693,012 | $61.6M | 5.53% |
| 6 | CARETRUST REIT INC | CTRE | 1,658,698 | $60.0M | 5.38% |
| 7 | AMERICAN HEALTHCARE REIT INC | AHR | 1,164,327 | $54.8M | 4.92% |
| 8 | LINEAGE INC | LINE | 1,515,244 | $53.0M | 4.76% |
| 9 | SBA COMMUNICATIONS CORP NEW | SBAC | 264,256 | $51.1M | 4.59% |
| 10 | REGENCY CTRS CORP | 758849103 | 694,169 | $47.9M | 4.30% |
| 11 | DIGITALBRIDGE GROUP INC | DBRG-PJ | 2,571,868 | $39.5M | 3.54% |
| 12 | CAMDEN PPTY TR | 133131102 | 345,599 | $38.0M | 3.41% |
| 13 | CURBLINE PPTYS CORP | 23128Q101 | 1,599,883 | $37.1M | 3.33% |
| 14 | PURSUIT ATTRACTIONS AND HOSP | 92552R406 | 1,079,979 | $36.4M | 3.26% |
| 15 | FEDERAL RLTY INVT TR NEW | 313745101 | 344,990 | $34.8M | 3.12% |
| 16 | MERITAGE HOMES CORP | MTH | 514,743 | $33.9M | 3.04% |
| 17 | MACERICH CO | MAC | 1,797,730 | $33.2M | 2.98% |
| 18 | UDR INC | UDR | 896,430 | $32.9M | 2.95% |
| 19 | NORWEGIAN CRUISE LINE HLDG L | NCLH | 1,415,073 | $31.6M | 2.83% |
| 20 | COPT DEFENSE PROPERTIES | CDP | 1,042,348 | $29.0M | 2.60% |