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Holdings, Q3 2026

Largest first. Common shares only; puts and calls are under All positions.

Latest 13F holdings
#The fund's own figures at the end of the quarter. A report can be up to 45 days old when it is filed. Options and bonds are not counted here.Filing
1WELL
Welltower Inc.
5.68M$1.3B11.6%+0.7%13F ↗
2PLD
Prologis, Inc.
7.85M$1.0B9.1%+12.6%13F ↗
3EQIX
Equinix, Inc.
920,105$930.8M8.3%+0.7%13F ↗
4DLR
Digital Realty Trust, Inc.
3.49M$612.9M5.5%-3.3%13F ↗
5VTR
Ventas, Inc.
6.61M$562.0M5.0%-0.3%13F ↗
6BRX
Brixmor Property Group Inc.
13.59M$375.1M3.3%+10.0%13F ↗
7PSA
Public Storage
1.31M$370.2M3.3%+9.4%13F ↗
8EXR
Extra Space Storage Inc
2.77M$363.7M3.2%+8.8%13F ↗
9SPG
Simon Property Group, Inc.
1.58M$316.3M2.8%-1.9%13F ↗
10INVH
Invitation Homes Inc.
10.79M$284.0M2.5%+20.7%13F ↗
11FR
First Industrial Realty Trust, Inc.
4.65M$276.9M2.5%-4.2%13F ↗
12VMRK
Vivmark Residential · Sh Ben Int
4.43M$269.2M2.4%+263%13F ↗
13ADC
Agree Realty Corporation
3.96M$264.7M2.4%+6.2%13F ↗
14CPT
Camden Property Trust · Sh Ben Int
2.68M$259.1M2.3%-9.5%13F ↗
15KRG
Kite Realty Group Trust
10.13M$247.0M2.2%+17.2%13F ↗
16AHR
American Healthcare REIT, Inc.
4.75M$243.6M2.2%+13.1%13F ↗
17MAC
Macerich Company
10.70M$239.3M2.1%+18.9%13F ↗
18KIM
Kimco Realty Corporation
10.67M$237.0M2.1%-2.3%13F ↗
19IRM
Iron Mountain Incorporated
2.06M$228.4M2.0%-11.4%13F ↗
20UDR
UDR, Inc.
6.68M$224.1M2.0%-27.6%13F ↗
21ELS
Equity Lifestyle Properties, Inc.
3.17M$184.7M1.6%-1.1%13F ↗
22VICI
VICI Properties Inc.
7.98M$183.4M1.6%+27.3%13F ↗
23HST
Host Hotels & Resorts, Inc.
7.35M$164.5M1.5%+18.7%13F ↗
24O
Realty Income Corporation
2.84M$154.4M1.4%-27.5%13F ↗
25SBRA
Sabra Health Care REIT, Inc. · Reit
7.37M$145.3M1.3%+26.8%13F ↗
26CUZ
Cousins Properties Incorporated
4.66M$128.8M1.1%+8.0%13F ↗
27STAG
STAG Industrial, Inc.
3.29M$117.9M1.0%+332%13F ↗
28VNO
Vornado Realty Trust · Sh Ben Int
3.03M$102.6M0.9%+3.8%13F ↗
29SUI
Sun Communities, Inc.
804,885$89.2M0.8%+132%13F ↗
30REXR
Rexford Industrial Realty, Inc.
2.44M$88.4M0.8%-10.7%13F ↗
31RHP
Ryman Hospitality Properties, Inc.
700,154$83.7M0.7%+22.9%13F ↗
32AMH
American Homes 4 Rent
2.70M$82.0M0.7%-38.6%13F ↗
33JAN
Janus Living, Inc. · Reit
2.57M$76.1M0.7%+4.8%13F ↗
34ARE
Alexandria Real Estate Equities, Inc.
1.56M$73.9M0.7%-33.8%13F ↗
35BNL
Broadstone Net Lease, Inc.
3.52M$65.0M0.6%+42.5%13F ↗
36KRC
Kilroy Realty Corporation
1.79M$59.7M0.5%+51.7%13F ↗
37NTST
NetSTREIT Corp.
3.35M$59.3M0.5%+39.5%13F ↗
38AMT
American Tower Corporation
351,556$57.5M0.5%+6.7%13F ↗
39ESS
Essex Property Trust, Inc.
209,931$56.6M0.5%+5.1%13F ↗
40BXP
BXP, Inc.
837,972$51.2M0.5%+1564%13F ↗
41LAMR
Lamar Advertising Company
349,974$50.4M0.4%-3.3%13F ↗
42DRH
Diamondrock Hospitality Company
4.02M$49.7M0.4%-44.7%13F ↗
43LTC
LTC Properties, Inc.
1.08M$46.5M0.4%+17.8%13F ↗
44CSQR
Csquare, Inc.
2.82M$44.6M0.4%New13F ↗
45CTRE
CareTrust REIT, Inc.
1.18M$43.2M0.4%-8.7%13F ↗
46COLD
Americold Realty Trust, Inc. · Reit
2.75M$38.5M0.3%-3.9%13F ↗
47DHC
Diversified Healthcare Trust · Com Sh Ben Int
4.83M$37.9M0.3%+68.6%13F ↗
48IRT
Independence Realty Trust, Inc.
2.04M$29.7M0.3%-13.0%13F ↗
49REG
Regency Centers Corporation
351,270$25.2M0.2%Unchanged13F ↗
50OHI
Omega Healthcare Investors, Inc.
515,289$23.9M0.2%-15.6%13F ↗

Changes since Q2 2026

4 new, 36 added to, 36 trimmed, 5 exited, 3 unchanged. By estimated dollars.

New positions (4)

New positions
CSQR
Csquare, Inc.
2.82MNew$44.6M
NXRT
NexPoint Residential Trust, Inc.
270,494New$5.3M
APLD
Applied Digital Corporation
8,500New$207.1K
WULF
TeraWulf Inc.
10,000New$148.0K

Added to (36)

Added to
VMRK
Vivmark Residential · Sh Ben Int
4.43M+263%$195.0M
PLD
Prologis, Inc.
7.85M+12.6%$114.2M
STAG
STAG Industrial, Inc.
3.29M+332%$90.7M
SUI
Sun Communities, Inc.
804,885+132%$50.7M
INVH
Invitation Homes Inc.
10.79M+20.7%$48.6M
BXP
BXP, Inc.
837,972+1564%$48.1M
VICI
VICI Properties Inc.
7.98M+27.3%$39.3M
MAC
Macerich Company
10.70M+18.9%$38.1M
KRG
Kite Realty Group Trust
10.13M+17.2%$36.2M
BRX
Brixmor Property Group Inc.
13.59M+10.0%$34.2M

Trimmed (36)

Trimmed
UDR
UDR, Inc.
6.68M-27.6%-$85.3M
MAA
Mid-America Apartment Communities, Inc.
86,400-89.1%-$82.8M
O
Realty Income Corporation
2.84M-27.5%-$58.7M
AMH
American Homes 4 Rent
2.70M-38.6%-$51.5M
SLG
SL Green Realty Corp
399,280-67.5%-$40.5M
DRH
Diamondrock Hospitality Company
4.02M-44.7%-$40.1M
ARE
Alexandria Real Estate Equities, Inc.
1.56M-33.8%-$37.8M
IRM
Iron Mountain Incorporated
2.06M-11.4%-$29.5M
CPT
Camden Property Trust · Sh Ben Int
2.68M-9.5%-$27.3M
CUBE
CubeSmart
78,630-87.9%-$21.4M

Exited (5)

Exited
LXP
Lxp Industrial Trust
1.77MExited-$95.6M
SMA
SmartStop Self Storage REIT, Inc.
1.42MExited-$46.0M
Avalonbay Communities Inc
Reit
104,960Exited-$19.8M
HR
Healthcare Realty Trust Incorporated
27,377Exited-$552.2K
SHO
Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc.
14,990Exited-$171.6K

The 10 largest of each, by estimated dollars: shares changed times the later report's price. Index tracking, splits and mergers move positions too.

All positions

Search, sort and filter every position, with puts and calls on their own tab. Premium plan.

Compare two quarters

Pick any two quarters: what is new, added to, trimmed or exited. Premium plan.

Reported value by quarter

Value and number of positions at the end of each quarter.

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Largest positions in earlier quarters

Pick a quarter to see what the fund's biggest positions were then.

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Ten largest positions

By value, Q3 2026.

$0$500.0M$1.0B$1.5BWELL · Value: $1,307,743,860WELLPLD · Value: $1,019,389,941PLDEQIX · Value: $930,759,816EQIXDLR · Value: $612,931,452DLRVTR · Value: $562,049,791VTRBRX · Value: $375,078,535BRXPSA · Value: $370,218,044PSAEXR · Value: $363,706,028EXRSPG · Value: $316,332,714SPGINVH · Value: $284,011,389INVH

Filings

13F filings
Filing
Q3 2026Nov 13, 202613F-HR79$11.2BCurrentSEC ↗
Q2 2026Aug 7, 202613F-HR80$11.7BCurrentSEC ↗
Q1 2026May 8, 202613F-HR79$9.7BCurrentSEC ↗
Q4 2025Feb 12, 202613F-HR81$10.1BCurrentSEC ↗
Q3 2025Nov 12, 202513F-HR80$10.0BCurrentSEC ↗
Q2 2025Aug 12, 202513F-HR78$9.6BCurrentSEC ↗
Q1 2025May 9, 202513F-HR77$9.7BCurrentSEC ↗

Most recent first, up to 80. An amendment can replace a report or add holdings to it. All 13F filings

Information, not investment advice. Values are the fund's own figures at quarter end; a report can be up to 45 days old when filed. Disclaimer