REMS

Real Estate Management Services Portfolio holdings

AUM $167M
1-Year Return 37.74%
This Quarter Return
-1.95%
1 Year Return
+37.74%
3 Year Return
+67.26%
5 Year Return
+28.69%
10 Year Return
–
AUM
$413M
AUM Growth
+$1.71M
Cap. Flow
+$10.9M
Cap. Flow %
2.63%
Top 10 Hldgs %
38.64%
Holding
52
New
2
Increased
24
Reduced
16
Closed
4

Top Buys

1
WCIC
WCI Communities, Inc.
WCIC
$9.53M
2
IYR icon
iShares US Real Estate ETF
IYR
$7.43M
3
FUR
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
$3.63M
4
SUI icon
Sun Communities
SUI
$2.66M
5
PCL
PLUM CREEK TIMBER CO (REIT)
PCL
$2.59M

Top Sells

1
CPT icon
Camden Property Trust
CPT
$6.56M
2
FOR icon
Forestar Group
FOR
$5.15M
3
H icon
Hyatt Hotels
H
$3.36M
4
DLR icon
Digital Realty Trust
DLR
$2.67M
5
KW icon
Kennedy-Wilson Holdings
KW
$2.21M

Sector Composition

1 Real Estate 80.73%
2 Consumer Discretionary 4.49%
3 Industrials 0.07%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
WCIC
26
DELISTED
WCI Communities, Inc.
WCIC
$9.53M 2.31%
+552,000
New +$9.53M
HOUS icon
27
Anywhere Real Estate
HOUS
$724M
$9.35M 2.26%
217,400
-17,000
-7% -$731K
H icon
28
Hyatt Hotels
H
$13.8B
$9.01M 2.18%
209,800
-78,100
-27% -$3.36M
KW icon
29
Kennedy-Wilson Holdings
KW
$1.21B
$7.71M 1.87%
415,650
-119,050
-22% -$2.21M
IYR icon
30
iShares US Real Estate ETF
IYR
$3.76B
$7.43M 1.8%
+116,400
New +$7.43M
ADC icon
31
Agree Realty
ADC
$8.08B
$6.13M 1.48%
203,100
+33,000
+19% +$996K
RPT.PRD
32
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
$6.07M 1.47%
103,100
– –
BMR
33
DELISTED
BIOMED REALTY TRUST INC
BMR
$5.51M 1.33%
296,600
+15,100
+5% +$281K
HR
34
DELISTED
Healthcare Realty Trust Incorporated
HR
$5.3M 1.28%
229,200
+50,900
+29% +$1.18M
CBL
35
DELISTED
CBL& Associates Properties, Inc.
CBL
$4.77M 1.15%
249,700
+44,600
+22% +$852K
HME
36
DELISTED
HOME PROPERTIES, INC
HME
$4.73M 1.14%
81,900
+3,200
+4% +$185K
CCG.PRA
37
DELISTED
CAMPUS CREST CMNTYS INC 8% CUMULATIVE PFD SER A (MD)
CCG.PRA
$1.9M 0.46%
73,211
-15,189
-17% -$395K
DHC
38
Diversified Healthcare Trust
DHC
$995M
$1.36M 0.33%
58,724
-65,383
-53% -$1.51M
LPT
39
DELISTED
Liberty Property Trust
LPT
$659K 0.16%
18,500
– –
ARE.PRE.CL
40
DELISTED
Alexandria Real Estate Equities
ARE.PRE.CL
$430K 0.1%
18,500
– –
CBL.PRD
41
DELISTED
CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
$342K 0.08%
13,700
+4,200
+44% +$105K
GGP.PRA
42
DELISTED
GGP Inc.
GGP.PRA
$320K 0.08%
14,600
– –
TRC icon
43
Tejon Ranch
TRC
$446M
$287K 0.07%
9,579
-297
-3% -$8.9K
GRT.PRG
44
DELISTED
GLIMCHER RLTY TR PFD SH BEN INT SER G
GRT.PRG
$258K 0.06%
10,255
– –
CBL.PRE
45
DELISTED
CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest
CBL.PRE
$228K 0.06%
9,800
-3,800
-28% -$88.4K
WRI
46
DELISTED
Weingarten Realty Investors
WRI
$220K 0.05%
7,500
-13,800
-65% -$405K
EPR.PRF.CL
47
DELISTED
EPR Properties
EPR.PRF.CL
$219K 0.05%
10,200
– –
CPT icon
48
Camden Property Trust
CPT
$11.9B
– –
-94,900
Closed -$6.56M
DLR icon
49
Digital Realty Trust
DLR
$55.7B
– –
-43,700
Closed -$2.67M
FOR icon
50
Forestar Group
FOR
$1.46B
– –
-256,500
Closed -$5.15M
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