REMS

Real Estate Management Services Portfolio holdings

AUM $167M
1-Year Return 37.74%
This Quarter Return
+3.32%
1 Year Return
+37.74%
3 Year Return
+67.26%
5 Year Return
+28.69%
10 Year Return
–
AUM
$159M
AUM Growth
+$3.58M
Cap. Flow
-$2.34M
Cap. Flow %
-1.47%
Top 10 Hldgs %
54.56%
Holding
33
New
2
Increased
6
Reduced
17
Closed
3

Top Buys

1
CCS icon
Century Communities
CCS
+$3.48M
2
SRG
Seritage Growth Properties
SRG
+$3.34M
3
VRE
Veris Residential
VRE
+$2.81M
4
STAG icon
STAG Industrial
STAG
+$1.06M
5
LXP.PRC icon
LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred Stock
LXP.PRC
+$924K

Top Sells

1
LPT
Liberty Property Trust
LPT
+$6.58M
2
ESRT icon
Empire State Realty Trust
ESRT
+$3.73M
3
WLH
WILLIAM LYON HOMES
WLH
+$2.13M
4
HT
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
+$1.51M
5
SPG icon
Simon Property Group
SPG
+$1.04M

Sector Composition

1 Real Estate 79.07%
2 Consumer Discretionary 2.77%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
BDN
1
Brandywine Realty Trust
BDN
$778M
$11.2M 7.05%
712,300
-19,300
-3% -$304K
BRX icon
2
Brixmor Property Group
BRX
$8.54B
$11M 6.91%
509,000
-24,500
-5% -$529K
WRI
3
DELISTED
Weingarten Realty Investors
WRI
$9.15M 5.74%
292,800
– –
VER
4
DELISTED
VEREIT, Inc.
VER
$9.14M 5.74%
197,720
-480
-0.2% -$22.2K
DOC icon
5
Healthpeak Properties
DOC
$12.7B
$8.35M 5.24%
242,100
– –
CTT
6
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
$7.99M 5.01%
696,200
-39,400
-5% -$452K
STAG icon
7
STAG Industrial
STAG
$6.71B
$7.82M 4.91%
247,800
+33,500
+16% +$1.06M
KW icon
8
Kennedy-Wilson Holdings
KW
$1.21B
$7.57M 4.75%
339,400
-35,800
-10% -$798K
SRC
9
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
$7.5M 4.71%
152,440
-10,100
-6% -$497K
HT
10
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
$7.16M 4.5%
492,189
-104,011
-17% -$1.51M
CUZ icon
11
Cousins Properties
CUZ
$4.92B
$5.73M 3.6%
139,090
-18,900
-12% -$779K
SAFE
12
Safehold
SAFE
$1.17B
$5.15M 3.24%
72,952
-2,239
-3% -$158K
HHH icon
13
Howard Hughes
HHH
$4.86B
$5.06M 3.18%
41,887
-2,008
-5% -$243K
VRE
14
Veris Residential
VRE
$1.44B
$4.93M 3.09%
212,980
+121,696
+133% +$2.81M
EQIX icon
15
Equinix
EQIX
$76.3B
$4.5M 2.83%
7,710
-280
-4% -$163K
CCS icon
16
Century Communities
CCS
$1.99B
$4.47M 2.81%
163,503
+127,403
+353% +$3.48M
RLJ.PRA icon
17
RLJ Lodging Trust $1.95 Series A Cumulative Convertible Preferred Shares
RLJ.PRA
$332M
$4.44M 2.79%
154,700
– –
MGM icon
18
MGM Resorts International
MGM
$9.62B
$4.42M 2.77%
132,780
-100
-0.1% -$3.33K
AMH icon
19
American Homes 4 Rent
AMH
$12.4B
$3.54M 2.22%
135,040
-29,500
-18% -$773K
SRG
20
Seritage Growth Properties
SRG
$229M
$3.34M 2.1%
+83,220
New +$3.34M
RPT.PRD
21
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
$3.17M 1.99%
52,867
– –
FOR icon
22
Forestar Group
FOR
$1.37B
$3.03M 1.9%
145,316
+25,700
+21% +$536K
VNQ icon
23
Vanguard Real Estate ETF
VNQ
$34.5B
$2.97M 1.86%
32,000
+4,600
+17% +$427K
GLPI icon
24
Gaming and Leisure Properties
GLPI
$13.4B
$2.92M 1.84%
67,900
– –
LXP.PRC icon
25
LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred Stock
LXP.PRC
$93.3M
$2.44M 1.53%
42,861
+16,200
+61% +$924K
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