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
+1.73%
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
$1.32B
AUM Growth
-$194M
Cap. Flow
-$78M
Cap. Flow %
-5.9%
Top 10 Hldgs %
61.1%
Holding
46
New
1
Increased
14
Reduced
26
Closed
5

Top Buys

Rank Stock Value
1
O icon
Realty Income
O
+$44.4M
2
VICI icon
VICI Properties
VICI
+$39.3M
3
ADC icon
Agree Realty
ADC
+$26.3M
4
DOC icon
Healthpeak Properties
DOC
+$23.5M
5
EPRT icon
Essential Properties Realty Trust
EPRT
+$18.7M

Top Sells

Rank Stock Value
1
WELL icon
Welltower
WELL
+$29.6M
2
SPG icon
Simon Property Group
SPG
+$26.1M
3
ARE icon
Alexandria Real Estate Equities
ARE
+$25.8M
4
PLD icon
Prologis
PLD
+$22.6M
5
SUI icon
Sun Communities
SUI
+$19.6M

Sector Composition

Rank Sector Weight
1 Real Estate 98.49%
2 Consumer Discretionary 0.8%
3 Healthcare 0.71%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
INVH icon
26
Invitation Homes
INVH
$17.8B
$12.2M 0.93%
351,142
-366,899
-51% -$11.9M
MAA icon
27
Mid-America Apartment Communities
MAA
$15.4B
$11.8M 0.9%
70,612
-57,508
-45% -$9.1M
VNO icon
28
Vornado Realty Trust
VNO
$7.26B
$10.6M 0.81%
287,797
-9,261
-3% -$373K
MAR icon
29
Marriott International
MAR
$90.9B
$10.5M 0.8%
44,174
-4,484
-9% -$1.22M
VRE
30
DELISTED
Veris Residential
VRE
$10.4M 0.79%
616,656
-8,573
-1% -$139K
COLD icon
31
Americold
COLD
$4.17B
$9.98M 0.76%
465,202
+23,710
+5% +$515K
SKT icon
32
Tanger
SKT
$4.44B
$9.5M 0.72%
+281,084
New +$9.44M
BKD icon
33
Brookdale Senior Living
BKD
$3.27B
$9.41M 0.71%
1,502,850
-122,985
-8% -$658K
ARE icon
34
Alexandria Real Estate Equities
ARE
$8.32B
$8.72M 0.66%
94,287
-263,602
-74% -$25.8M
IRM icon
35
Iron Mountain
IRM
$36.2B
$7.91M 0.6%
390,346
-55,551
-12% -$5.35M
IVT icon
36
InvenTrust Properties
IVT
$2.56B
$7.17M 0.54%
362,173
-62,596
-15% -$1.84M
LAMR icon
37
Lamar Advertising Co
LAMR
$15.7B
$6.23M 0.47%
54,787
-4,976
-8% -$606K
PSA icon
38
Public Storage
PSA
$60.8B
$4.48M 0.34%
250,826
-35,985
-13% -$10.8M
SBAC icon
39
SBA Communications
SBAC
$19.2B
$2.77M 0.21%
12,603
+3,783
+43% +$792K
PCH
40
DELISTED
PotlatchDeltic
PCH
$2.2M 0.17%
48,708
+14,828
+44% +$651K
CBRE icon
41
CBRE Group
CBRE
$41.7B
$1.38M 0.1%
29,858
-15,451
-34% -$2.1M
BRX icon
42
Brixmor Property Group
BRX
$9.15B
– –
-606,342
Closed -$16.9M
CDP icon
43
COPT Defense Properties
CDP
$4.14B
– –
-18,329
Closed -$567K
ESS icon
44
Essex Property Trust
ESS
$18.2B
– –
-2,161
Closed -$617K
HLT icon
45
Hilton Worldwide
HLT
$70B
– –
-3,371
Closed -$833K
SUI icon
46
Sun Communities
SUI
$14.4B
– –
-159,147
Closed -$19.6M
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 Q1 2025 Portfolio in Review

As of Q1 2025, Adelante Capital Management held 46 positions worth $1.32B, down 13% from $1.52B the previous quarter. Its ten largest holdings account for 61% of the portfolio.

Adelante Capital Management withdrew a net $78M in Q1 2025, closing 5 positions and reducing 26 holdings. Its most notable exit was Sun Communities, an estimated $19.6M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 98% of assets, up from 94% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Adelante Capital Management opened a new position in Tanger worth $9.5M.

  • Adelante Capital Management's largest Q1 2025 buy was Tanger: 281,084 shares worth $9.5M.
  • Adelante Capital Management added most to Realty Income in Q1 2025, an estimated $44.4M increase.
  • Adelante Capital Management's biggest Q1 2025 reduction was Welltower, cutting an estimated $29.6M.
  • Adelante Capital Management fully exited Sun Communities in Q1 2025, selling an estimated $19.6M.
  • Adelante Capital Management's ten largest holdings make up 61% of its $1.32B portfolio in Q1 2025.
  • Adelante Capital Management opened 1 new position and closed 5 in Q1 2025.
  • Adelante Capital Management's portfolio value fell 13% quarter-over-quarter to $1.32B.

Based on Adelante Capital Management's 13F filing for Q1 2025, filed 16 May 2025.