REMS

Real Estate Management Services Portfolio holdings

AUM $167M
1-Year Return 37.74%
This Quarter Return
+1.45%
1 Year Return
+37.74%
3 Year Return
+67.26%
5 Year Return
+28.69%
10 Year Return
–
AUM
$440M
AUM Growth
+$26.9M
Cap. Flow
+$21.3M
Cap. Flow %
4.83%
Top 10 Hldgs %
36.93%
Holding
53
New
5
Increased
19
Reduced
19
Closed
5

Top Buys

1
MAA icon
Mid-America Apartment Communities
MAA
$12.8M
2
REXR icon
Rexford Industrial Realty
REXR
$10.2M
3
DOC
PHYSICIANS REALTY TRUST
DOC
$8.66M
4
SPG icon
Simon Property Group
SPG
$8.02M
5
PPS
Post Properties
PPS
$4.09M

Top Sells

1
NRF
NorthStar Realty Finance Corp.
NRF
$15.7M
2
CLP
COLONIAL PROPERTIES TRUST
CLP
$11.3M
3
SAFE
Safehold
SAFE
$2.58M
4
H icon
Hyatt Hotels
H
$2.08M
5
PKY
Parkway, Inc.
PKY
$2.05M

Sector Composition

1 Real Estate 83.59%
2 Consumer Discretionary 4.31%
3 Industrials 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
FCE.A
26
DELISTED
Forest City Realty Trust, Inc.
FCE.A
$10.2M 2.32%
535,500
-82,300
-13% -$1.57M
PKY
27
DELISTED
Parkway, Inc.
PKY
$10.2M 2.32%
529,514
-106,200
-17% -$2.05M
REXR icon
28
Rexford Industrial Realty
REXR
$10.2B
$10.2M 2.32%
+772,100
New +$10.2M
KW icon
29
Kennedy-Wilson Holdings
KW
$1.21B
$8.9M 2.02%
400,150
-15,500
-4% -$345K
DOC
30
DELISTED
PHYSICIANS REALTY TRUST
DOC
$8.66M 1.97%
+679,900
New +$8.66M
H icon
31
Hyatt Hotels
H
$13.8B
$8.29M 1.88%
167,700
-42,100
-20% -$2.08M
SPG icon
32
Simon Property Group
SPG
$59.5B
$8.02M 1.82%
+56,020
New +$8.02M
RPT.PRD
33
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
$5.86M 1.33%
100,100
-3,000
-3% -$176K
ADC icon
34
Agree Realty
ADC
$8.08B
$5.75M 1.31%
198,200
-4,900
-2% -$142K
BMR
35
DELISTED
BIOMED REALTY TRUST INC
BMR
$5.54M 1.26%
305,500
+8,900
+3% +$161K
CBL
36
DELISTED
CBL& Associates Properties, Inc.
CBL
$5.23M 1.19%
291,400
+41,700
+17% +$749K
HME
37
DELISTED
HOME PROPERTIES, INC
HME
$5.05M 1.15%
94,100
+12,200
+15% +$654K
HR
38
DELISTED
Healthcare Realty Trust Incorporated
HR
$5.04M 1.15%
236,500
+7,300
+3% +$156K
PPS
39
DELISTED
Post Properties
PPS
$4.09M 0.93%
+90,500
New +$4.09M
CCG.PRA
40
DELISTED
CAMPUS CREST CMNTYS INC 8% CUMULATIVE PFD SER A (MD)
CCG.PRA
$1.62M 0.37%
65,761
-7,450
-10% -$184K
LPT
41
DELISTED
Liberty Property Trust
LPT
$674K 0.15%
19,900
+1,400
+8% +$47.4K
ARE.PRE.CL
42
DELISTED
Alexandria Real Estate Equities
ARE.PRE.CL
$392K 0.09%
18,500
– –
GGP.PRA
43
DELISTED
GGP Inc.
GGP.PRA
$355K 0.08%
17,600
+3,000
+21% +$60.5K
CBL.PRD
44
DELISTED
CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
$325K 0.07%
13,700
– –
GRT.PRG
45
DELISTED
GLIMCHER RLTY TR PFD SH BEN INT SER G
GRT.PRG
$249K 0.06%
9,910
-345
-3% -$8.67K
EPR.PRF.CL
46
DELISTED
EPR Properties
EPR.PRF.CL
$216K 0.05%
10,200
– –
CBL.PRE
47
DELISTED
CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest
CBL.PRE
$208K 0.05%
9,800
– –
WRI
48
DELISTED
Weingarten Realty Investors
WRI
$206K 0.05%
7,500
– –
DHC
49
Diversified Healthcare Trust
DHC
$995M
– –
-58,724
Closed -$1.36M
TRC icon
50
Tejon Ranch
TRC
$446M
– –
-9,579
Closed -$287K
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