REMS

Real Estate Management Services Portfolio holdings

AUM $167M
This Quarter Return
-4.19%
1 Year Return
+37.74%
3 Year Return
+67.26%
5 Year Return
+28.69%
10 Year Return
–
AUM
$553M
AUM Growth
+$553M
Cap. Flow
-$52.5M
Cap. Flow %
-9.5%
Top 10 Hldgs %
37.28%
Holding
55
New
7
Increased
22
Reduced
15
Closed
3

Top Buys

1
AMH icon
American Homes 4 Rent
AMH
$15.9M
2
SAFE
Safehold
SAFE
$4.87M
3
MAA icon
Mid-America Apartment Communities
MAA
$4.09M
4
RSO
Resource Capital Corp.
RSO
$3.33M
5
LPT
Liberty Property Trust
LPT
$2.69M

Top Sells

1
KRG icon
Kite Realty
KRG
$52.2M
2
FUR
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
$16.1M
3
IYR icon
iShares US Real Estate ETF
IYR
$15.2M
4
HOUS icon
Anywhere Real Estate
HOUS
$12.5M
5
RPT
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
$3.91M

Sector Composition

1 Real Estate 80.46%
2 Consumer Discretionary 5.1%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
RPT
26
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
$12.6M 2.27% 772,600 -240,600 -24% -$3.91M
GGP
27
DELISTED
GGP Inc.
GGP
$12.5M 2.27% 532,700 -13,700 -3% -$323K
FCE.A
28
DELISTED
Forest City Realty Trust, Inc.
FCE.A
$11.3M 2.04% 576,200 – –
H icon
29
Hyatt Hotels
H
$13.8B
$11.3M 2.04% 186,132 +15,700 +9% +$950K
SITC icon
30
SITE Centers
SITC
$644M
$10M 1.81% 598,100 -63,600 -10% -$1.06M
IYR icon
31
iShares US Real Estate ETF
IYR
$3.76B
$8.48M 1.53% 122,500 -219,700 -64% -$15.2M
BMR
32
DELISTED
BIOMED REALTY TRUST INC
BMR
$6.28M 1.13% 310,700 +5,200 +2% +$105K
ADC icon
33
Agree Realty
ADC
$8.05B
$6.05M 1.09% 221,100 +10,600 +5% +$290K
HR
34
DELISTED
Healthcare Realty Trust Incorporated
HR
$5.76M 1.04% 243,400 +5,100 +2% +$121K
FUR
35
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
$5.54M 1% 367,858 -1,065,034 -74% -$16.1M
HME
36
DELISTED
HOME PROPERTIES, INC
HME
$5.48M 0.99% 94,100 – –
WPC icon
37
W.P. Carey
WPC
$14.7B
$5.06M 0.91% 79,300 – –
LPT
38
DELISTED
Liberty Property Trust
LPT
$3.35M 0.61% 100,837 +80,937 +407% +$2.69M
ELME
39
Elme Communities
ELME
$1.51B
$2.28M 0.41% +89,800 New +$2.28M
RPT.PRD
40
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
$1.62M 0.29% 26,500 -42,200 -61% -$2.58M
AGNC icon
41
AGNC Investment
AGNC
$10.2B
$497K 0.09% 23,400 – –
GGP.PRA
42
DELISTED
GGP Inc.
GGP.PRA
$482K 0.09% 19,600 +2,000 +11% +$49.2K
ARE.PRE.CL
43
DELISTED
Alexandria Real Estate Equities
ARE.PRE.CL
$390K 0.07% 15,300 – –
CBL.PRE
44
DELISTED
CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest
CBL.PRE
$289K 0.05% 11,900 +2,100 +21% +$51K
EPR.PRF.CL
45
DELISTED
EPR Properties
EPR.PRF.CL
$255K 0.05% 10,200 – –
CBL.PRD
46
DELISTED
CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
$245K 0.04% 9,600 -4,100 -30% -$105K
HOUS icon
47
Anywhere Real Estate
HOUS
$684M
– – -332,100 Closed -$12.5M
VNQ icon
48
Vanguard Real Estate ETF
VNQ
$34.6B
– – -4,800 Closed -$359K
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