RA
RMR Advisors Portfolio holdings
AUM
$194M
Turnover
9.82%
1-Year Est. Return
15.16%
This Fund
S&P 500
This Quarter
Est. Return
-0.23%
1 Year Est. Return
-15.16%
3 Year Est. Return
-2.17%
5 Year Est. Return
+14.32%
10 Year Est. Return
–
AUM
$207M
AUM Growth
-$2.5M
(-1.2%)
Cap. Flow
-$1.15M
Cap. Flow
% of AUM
-0.55%
Top 10 Holdings %
Top 10 Hldgs %
29.16%
Holding
114
New
2
Increased
7
Reduced
2
Closed
3
Avg Time Held
2.7
years
Top 10 Avg Time Held
2.6
years
Top 20 Avg Time Held
2.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marriott International
MAR
|
+$564K |
| 2 |
Wheeler Real Estate Investment Trust Series D Preferred Stock
WHLRD
|
+$505K |
| 3 |
Centerspace
CSR
|
+$335K |
| 4 |
Independence Realty Trust
IRT
|
+$233K |
| 5 |
VER
VEREIT, Inc.
VER
|
+$156K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ASHFORD HOSPITALITY TR INC 9.00% CUM PFD SER E
AHT.PRE
|
+$1.67M |
| 2 |
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
|
+$740K |
| 3 |
Lennar Class A
LEN
|
+$461K |
| 4 |
Healthpeak Properties
DOC
|
+$384K |
| 5 |
Nuveen Real Estate Income Fund
JRS
|
+$40.4K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 96.54% |
| 2 | Miscellaneous | 2.98% |
| 3 | Consumer Discretionary | 0.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
CONE
76
DELISTED
CyrusOne Inc Common Stock
CONE
| $714K | 0.35% |
15,000
| – | – |
2015 Q2
5 quarters
|
|
|
77
Centerspace
CSR
$937M
| $687K | 0.33% |
11,546
+5,265
| +84% | +$335K |
2014 Q2
9 quarters
|
|
78
Farmland Partners
FPI
$464M
| $665K | 0.32% |
59,344
| – | – |
2014 Q2
9 quarters
|
|
|
NRF
79
DELISTED
NorthStar Realty Finance Corp.
NRF
| $659K | 0.32% |
50,000
| – | – |
2015 Q1
6 quarters
|
|
|
80
Ashford Hospitality Trust
AHT
$12M
| $617K | 0.3% |
106
| – | – |
2013 Q2
13 quarters
|
|
81
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
$104M
| $610K | 0.29% |
16,400
| – | – |
2013 Q3
12 quarters
|
|
|
RAS
82
DELISTED
RAIT Financial Trust
RAS
| $603K | 0.29% |
178,419
| – | – |
2014 Q3
8 quarters
|
|
83
Chiron Real Estate Inc
XRN
$415M
| $586K | 0.28% |
12,000
| – | – |
2016 Q2
1 quarter
|
|
84
Acadia Realty Trust
AKR
$2.48B
| $544K | 0.26% |
15,000
| – | – |
2016 Q2
1 quarter
|
|
85
Regency Centers
REG
$13.1B
| $542K | 0.26% |
7,000
+1,000
| +17% | +$80.8K |
2015 Q3
4 quarters
|
|
|
86
Marriott International
MAR
$97.1B
| $539K | 0.26% |
+8,000
| New | +$564K |
2016 Q3
0 quarters
|
|
|
QTS
87
DELISTED
QTS REALTY TRUST, INC.
QTS
| $529K | 0.26% |
10,000
| – | – |
2015 Q4
3 quarters
|
|
|
88
Wheeler Real Estate Investment Trust Series D Preferred Stock
WHLRD
$64.1M
| $510K | 0.25% |
+20,000
| New | +$505K |
2016 Q3
0 quarters
|
|
89
Diamondrock Hospitality Co
DRH
$2.66B
| $506K | 0.24% |
55,603
| – | – |
2013 Q2
13 quarters
|
|
90
One Liberty Properties
OLP
$482M
| $485K | 0.23% |
20,071
| – | – |
2014 Q2
9 quarters
|
|
91
Eaton Vance Enhance Equity Income Fund II
EOS
$1.13B
| $484K | 0.23% |
35,188
| – | – |
2013 Q2
13 quarters
|
|
92
Rexford Industrial Realty
REXR
$8.35B
| $481K | 0.23% |
21,000
| – | – |
2014 Q3
8 quarters
|
|
93
Annaly Capital Management
NLY
$13.6B
| $473K | 0.23% |
11,250
| – | – |
2013 Q2
13 quarters
|
|
94
Hilton Worldwide
HLT
$73.9B
| $459K | 0.22% |
6,667
| – | – |
2015 Q2
5 quarters
|
|
95
Gladstone Commercial Corp
GOOD
$615M
| $424K | 0.21% |
22,742
| – | – |
2013 Q2
13 quarters
|
|
96
Camden Property Trust
CPT
$11.3B
| $419K | 0.2% |
5,000
| – | – |
2013 Q2
13 quarters
|
|
97
CubeSmart
CUBE
$8.46B
| $409K | 0.2% |
15,000
| – | – |
2013 Q2
13 quarters
|
|
98
EastGroup Properties
EGP
$10.4B
| $381K | 0.18% |
5,179
| – | – |
2013 Q2
13 quarters
|
|
99
Host Hotels & Resorts
HST
$15.8B
| $374K | 0.18% |
24,000
| – | – |
2013 Q2
13 quarters
|
|
100
Elme Communities
ELME
$156M
| $373K | 0.18% |
12,000
| – | – |
2013 Q2
13 quarters
|
|
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WR
SCM
RIM
LFG
RMR Advisors's Q3 2016 Portfolio in Review
As of Q3 2016, RMR Advisors held 114 positions worth $207M, down 1.2% from $209M the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 4.4%. RMR Advisors opened 2 new positions and exited 3, leaving the 114-position portfolio largely intact.
By sector, the portfolio is most concentrated in Real Estate at 97% of assets, up from 96% a quarter earlier, followed by Miscellaneous and Consumer Discretionary.
- RMR Advisors's largest Q3 2016 buy was Marriott International: 8,000 shares worth $539K.
- RMR Advisors added most to Centerspace in Q3 2016, an estimated $335K increase.
- RMR Advisors's biggest Q3 2016 reduction was Healthpeak Properties, cutting an estimated $384K.
- RMR Advisors fully exited ASHFORD HOSPITALITY TR INC 9.00% CUM PFD SER E in Q3 2016, selling an estimated $1.67M.
- RMR Advisors's ten largest holdings make up 29% of its $207M portfolio in Q3 2016.
- RMR Advisors opened 2 new positions and closed 3 in Q3 2016.
- RMR Advisors's portfolio value fell 1.2% quarter-over-quarter to $207M.
Based on RMR Advisors's 13F filing for Q3 2016, filed 1 Nov 2016.