We are live on ! Find out more
ACM

Adelante Capital Management Portfolio holdings

AUM $1.46B
1-Year Est. Return 8.98%
This Fund
S&P 500
This Quarter Est. Return
+1.76%
1 Year Est. Return
+8.98%
3 Year Est. Return
+33.71%
5 Year Est. Return
+33.9%
10 Year Est. Return
+81.52%
AUM
$1.94B
AUM Growth
-$98M
Cap. Flow
-$122M
Cap. Flow %
-6.3%
Top 10 Hldgs %
55.24%
Holding
40
New
2
Increased
13
Reduced
21
Closed
4

Top Buys

Rank Stock Value
1
INVH icon
Invitation Homes
INVH
+$30.7M
2
DOC icon
Healthpeak Properties
DOC
+$23.2M
3
PEB icon
Pebblebrook Hotel Trust
PEB
+$18.5M
4
JBGS
JBG SMITH
JBGS
+$9.17M
5
PGRE
Paramount Group
PGRE
+$8.16M

Top Sells

Rank Stock Value
1
HGV icon
Hilton Grand Vacations
HGV
+$23.8M
2
VTR icon
Ventas
VTR
+$21.9M
3
EQIX icon
Equinix
EQIX
+$20.9M
4
SPG icon
Simon Property Group
SPG
+$19.6M
5
MAR icon
Marriott International
MAR
+$18.1M

Sector Composition

Rank Sector Weight
1 Real Estate 97.65%
2 Consumer Discretionary 1.78%
3 Communication Services 0.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HIW icon
26
Highwoods Properties
HIW
$3.41B
$30.7M 1.58%
742,239
-140,583
-16% -$6.24M
COR
27
DELISTED
Coresite Realty Corporation
COR
$28.7M 1.48%
248,837
+23,912
+11% +$2.71M
JBGS
28
JBG SMITH
JBGS
$653M
$26.2M 1.35%
664,978
+222,975
+50% +$9.17M
TRNO icon
29
Terreno Realty
TRNO
$7.45B
$20.7M 1.07%
422,691
-70,863
-14% -$3.21M
FCPT icon
30
Four Corners Property Trust
FCPT
$2.69B
$13.6M 0.7%
497,022
-1,655
-0.3% -$47.3K
ALEX
31
DELISTED
Alexander & Baldwin
ALEX
$13.2M 0.68%
569,876
+8,484
+2% +$201K
INXN
32
DELISTED
Interxion Holding N.V.
INXN
$10.3M 0.53%
135,045
+95,145
+238% +$6.79M
PGRE
33
DELISTED
Paramount Group
PGRE
$7.93M 0.41%
+566,308
New +$8.16M
ROIC
34
DELISTED
Retail Opportunity Investments Corp.
ROIC
$6.05M 0.31%
353,180
-300,530
-46% -$5.2M
HPP
35
Hudson Pacific Properties
HPP
$740M
$1.31M 0.07%
5,643
+201
+4% +$48.3K
VNQ icon
36
Vanguard Real Estate ETF
VNQ
$38.6B
$908K 0.05%
10,390
+5,190
+100% +$454K
CDP icon
37
COPT Defense Properties
CDP
$4.14B
– –
-516,575
Closed -$14.1M
CWK icon
38
Cushman & Wakefield Ltd
CWK
$3.12B
– –
-727,824
Closed -$13M
HGV icon
39
Hilton Grand Vacations
HGV
$3.31B
– –
-770,165
Closed -$23.8M
NNN icon
40
NNN REIT
NNN
$8.8B
– –
-233,530
Closed -$12.9M
1
2

Similar funds

LLL
Lynrock Lake LP Rye Brook, New York $1.46B AUM 17.55% 1-Year Est. Return
L7C
Liberty 77 Capital Washington, District of Columbia $1.46B AUM 33.32% 1-Year Est. Return
KRSITF
Kentucky Retirement Systems Insurance Trust Fund Frankfort, Kentucky $1.47B AUM 27.58% 1-Year Est. Return
SVWAG
Sound View Wealth Advisors Group Savannah, Georgia $1.47B AUM 18.47% 1-Year Est. Return
SRC
Shufro Rose & Co New York $1.47B AUM 19.38% 1-Year Est. Return
HTI
Hikari Tsushin Inc Tokyo, Japan $1.45B AUM 3.37% 1-Year Est. Return
CHAM
Clear Harbor Asset Management Stamford, Connecticut $1.45B AUM 23.7% 1-Year Est. Return
VIP
Vantage Investment Partners Kansas City, Missouri $1.45B AUM 18.96% 1-Year Est. Return

Adelante Capital Management's Q2 2019 Portfolio in Review

As of Q2 2019, Adelante Capital Management held 40 positions worth $1.94B, down 4.8% from $2.04B the previous quarter. Its ten largest holdings account for 55% of the portfolio.

Adelante Capital Management withdrew a net $122M in Q2 2019, closing 4 positions and reducing 21 holdings. Its most notable exit was Hilton Grand Vacations, an estimated $23.8M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 98% of assets, up from 96% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, Adelante Capital Management opened a new position in Invitation Homes worth $32.2M.

  • Adelante Capital Management's largest Q2 2019 buy was Invitation Homes: 1,205,226 shares worth $32.2M.
  • Adelante Capital Management added most to Healthpeak Properties in Q2 2019, an estimated $23.2M increase.
  • Adelante Capital Management's biggest Q2 2019 reduction was Ventas, cutting an estimated $21.9M.
  • Adelante Capital Management fully exited Hilton Grand Vacations in Q2 2019, selling an estimated $23.8M.
  • Adelante Capital Management's ten largest holdings make up 55% of its $1.94B portfolio in Q2 2019.
  • Adelante Capital Management opened 2 new positions and closed 4 in Q2 2019.
  • Adelante Capital Management's portfolio value fell 4.8% quarter-over-quarter to $1.94B.

Based on Adelante Capital Management's 13F filing for Q2 2019, filed 14 Aug 2019.