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Asset Manager ← All Institutions

Adelante Capital Management LLC

Q2 2025 · Filed 2025-08-15
Market Value
$1.4B
+2.8%
Holdings
42
-4
New Purchases
1
Added To
19
Closed
0
Reduced
22
Top 10 Concentration
56.1%
Turnover
2.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PSA 5.29% 0.34% +4.95% $72M
HPP 4.44% 0.00% +4.44% $60M
IRM 3.04% 0.60% +2.45% $41M
O 4.59% 3.78% +0.81% $62M
DLR 5.22% 4.63% +0.59% $71M
EXR 2.64% 2.09% +0.55% $36M
MAA 1.40% 0.90% +0.51% $19M
CUZ 2.00% 1.52% +0.47% $27M
ARE 1.08% 0.66% +0.42% $15M
VICI 3.92% 3.52% +0.40% $53M
VTR 2.85% 2.54% +0.31% $39M
VNO 1.02% 0.81% +0.21% $14M
IVT 0.73% 0.54% +0.19% $10M
ADC 2.30% 2.17% +0.13% $31M
EGP 2.36% 2.24% +0.12% $32M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PLD 1.53% 10.19% -8.66% $21M
BXP 0.65% 1.95% -1.30% $9M
EQR 3.88% 5.04% -1.16% $53M
DOC 0.99% 1.82% -0.83% $14M
EQIX 8.20% 8.83% -0.63% $111M
OHI 0.40% 0.97% -0.57% $5M
SPG 4.35% 4.86% -0.50% $59M
AVB 5.12% 5.60% -0.48% $70M
EPRT 1.14% 1.57% -0.43% $16M
AMH 2.21% 2.61% -0.41% $30M
FR 1.40% 1.63% -0.23% $19M
INVH 0.70% 0.93% -0.23% $9M
RHP 1.89% 2.10% -0.21% $26M
COLD 0.57% 0.76% -0.18% $8M
KIM 3.30% 3.48% -0.17% $45M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 27 $1.1B 80.6%
Mid Cap 13 $192M 14.1%
Small Cap 2 $71M 5.2%

Portfolio Analytics

Avg Market Cap
$30.9B
Median Market Cap
$14.8B
Avg P/E
40.0
Median P/E
29.8
Avg Dividend Yield
0.04%
Avg Beta
0.84
# Stocks
42
# ETFs / Funds
0

Top Holdings (42 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 WELL 11.11% 981,590 $151M $153.73 $3M +17,860 +1.9%
2 EQIX 8.20% 140,006 $111M $795.47 -$5M -3,108 -2.2%
3 PSA 5.29% 244,857 $72M $293.42 $67M -5,969 -2.4%
4 DLR 5.22% 407,136 $71M $174.33 $10M -20,170 -4.7%
5 AVB 5.12% 341,855 $70M $203.50 -$4M -2,967 -0.9%
6 O 4.59% 1,081,406 $62M $57.61 $12M +220,735 +25.6%
7 HPP 4.44% 3,043,383 $60M $19.80 +3,043,383 NEW
8 SPG 4.35% 368,002 $59M $160.76 -$5M -18,477 -4.8%
9 VICI 3.92% 1,631,912 $53M $32.60 $7M +207,076 +14.5%
10 EQR 3.88% 780,332 $53M $67.49 -$14M -149,457 -16.1%
11 KIM 3.30% 2,134,766 $45M $21.02 -$1M -28,805 -1.3%
12 ELS 3.06% 674,425 $42M $61.67 -$739K +39,788 +6.3%
13 IRM 3.04% 403,205 $41M $102.57 $33M +12,859 +3.3%
14 VTR 2.85% 613,415 $39M $63.15 $5M +124,751 +25.5%
15 EXR 2.64% 243,070 $36M $147.44 $8M +57,020 +30.6%
16 EGP 2.36% 191,849 $32M $167.12 $2M +23,580 +14.0%
17 ADC 2.30% 427,610 $31M $73.06 $3M +56,958 +15.4%
18 AMH 2.21% 830,542 $30M $36.07 -$5M -83,036 -9.1%
19 CUZ 2.00% 902,912 $27M $30.03 $7M +220,413 +32.3%
20 REG 1.97% 376,117 $27M $71.23 $1M +27,649 +7.9%
21 RHP 1.89% 260,178 $26M $98.67 -$2M -42,814 -14.1%
22 PLD 1.53% 1,167,878 $21M $17.85 -$114M -37,177 -3.1%
23 MAA 1.40% 128,589 $19M $148.01 $7M +57,977 +82.1%
24 FR 1.40% 394,445 $19M $48.13 -$3M -4,598 -1.1%
25 EPRT 1.14% 487,395 $16M $31.91 -$5M -148,784 -23.4%
26 ARE 1.08% 202,726 $15M $72.63 $6M +108,439 +115.0%
27 AMT 1.02% 62,998 $14M $221.02 $181K -160 -0.2%
28 VNO 1.02% 361,948 $14M $38.24 $3M +74,151 +25.8%
29 DOC 0.99% 771,586 $14M $17.51 -$11M -417,483 -35.1%
30 VRE 0.81% 737,945 $11M $14.89 $555K +121,289 +19.7%
31 MAR 0.78% 38,637 $11M $273.21 $34K -5,537 -12.5%
32 IVT 0.73% 364,286 $10M $27.40 $3M +2,113 +0.6%
33 INVH 0.70% 467,453 $9M $20.27 -$3M +116,311 +33.1%
34 BXP 0.65% 131,341 $9M $67.47 -$17M -252,617 -65.8%
35 SKT 0.60% 268,040 $8M $30.58 -$1M -13,044 -4.6%
36 COLD 0.57% 469,411 $8M $16.63 -$2M +4,209 +0.9%
37 BKD 0.57% 1,119,470 $8M $6.96 -$2M -383,380 -25.5%
38 OHI 0.40% 148,205 $5M $36.65 -$7M -188,990 -56.0%
39 LAMR 0.38% 42,589 $5M $121.37 -$1M -12,198 -22.3%
40 SBAC 0.24% 13,765 $3M $234.87 $460K +1,162 +9.2%
41 PCH 0.14% 48,622 $2M $38.38 -$332K -86 -0.2%
42 CBRE 0.10% 27,865 $1M $46.37 -$92K -1,993 -6.7%

New Positions

SymbolValue% Port
HPP $60M 4.44%
View SEC EDGAR Filings for Adelante Capital Management LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms