Latest Adelante Capital Management LLC Stock Portfolio
Adelante Capital Management LLC Performance:
2024 Q3: 69.64%YTD: 64.73%2023: 27.73%
Performance for 2024 Q3 is 69.64%, and YTD is 64.73%, and 2023 is 27.73%.
About Adelante Capital Management LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Adelante Capital Management LLC reported an equity portfolio of $2.1 Billions as of 30 Sep, 2024.
The top stock holdings of Adelante Capital Management LLC are PLD, AVB, EXR. The fund has invested 24.3% of it's portfolio in PROLOGIS INC. and 8.1% of portfolio in AVALONBAY COMMUNITIES, INC.
The fund managers got completely rid off AMERICAN HEALTHCARE REIT, PLAYA HOTELS & RESORTS (PLYA) and ELME COMMUNITIES (WRE) stocks. They significantly reduced their stock positions in EXTRA SPACE STORAGE, INC. (EXR), PROLOGIS INC. (PLD) and AVALONBAY COMMUNITIES, INC. (AVB). Adelante Capital Management LLC opened new stock positions in HEALTHPEAK PROPERTIES (PEAK), VERIS RESIDENTIAL, INC. (VRE) and BROOKDALE SENIOR LIVING (BKD). The fund showed a lot of confidence in some stocks as they added substantially to ESSENTIAL PROPERTIES REALTY (EPRT), POTLACH CORP (PCH) and AMERICAN TOWER CORP. (AMT).
The top stock holdings of Adelante Capital Management LLC are PLD, AVB, EXR. The fund has invested 24.3% of it's portfolio in PROLOGIS INC. and 8.1% of portfolio in AVALONBAY COMMUNITIES, INC.
The fund managers got completely rid off AMERICAN HEALTHCARE REIT, PLAYA HOTELS & RESORTS (PLYA) and ELME COMMUNITIES (WRE) stocks. They significantly reduced their stock positions in EXTRA SPACE STORAGE, INC. (EXR), PROLOGIS INC. (PLD) and AVALONBAY COMMUNITIES, INC. (AVB). Adelante Capital Management LLC opened new stock positions in HEALTHPEAK PROPERTIES (PEAK), VERIS RESIDENTIAL, INC. (VRE) and BROOKDALE SENIOR LIVING (BKD). The fund showed a lot of confidence in some stocks as they added substantially to ESSENTIAL PROPERTIES REALTY (EPRT), POTLACH CORP (PCH) and AMERICAN TOWER CORP. (AMT).
Adelante Capital Management LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Adelante Capital Management LLC made a return of 69.64% in the last quarter. In trailing 12 months, it's portfolio return was 87.85%.
New Buys
| Ticker | $ Bought |
|---|---|
| healthpeak properties | 21,091,000 |
| veris residential, inc. | 8,972,000 |
| brookdale senior living | 7,339,000 |
| cbre group | 1,615,000 |
| copt defense properties | 557,000 |
New stocks bought by Adelante Capital Management LLC
Additions
| Ticker | % Inc. |
|---|---|
| essential properties realty | 3,964 |
| potlach corp | 3,486 |
| american tower corp. | 2,723 |
| essex property trust, inc. | 498 |
| public storage | 389 |
| realty income | 327 |
| crown castle inc | 207 |
| equinix inc. | 202 |
Additions to existing portfolio by Adelante Capital Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| extra space storage, inc. | -94.81 |
| prologis inc. | -94.1 |
| avalonbay communities, inc. | -91.92 |
| brixmor property group | -72.81 |
| ryman hospitality properties | -72.48 |
| equity residential | -65.71 |
| ventas, inc. | -64.01 |
| equity lifestyle properties | -51.8 |
Adelante Capital Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| playa hotels & resorts | -10,088,000 |
| american healthcare reit | -12,211,000 |
| elme communities | -8,633,000 |
| diamondrock hospitality | -374,000 |
| broadstone net lease | -1,615,000 |
Adelante Capital Management LLC got rid off the above stocks
Sector Distribution
Adelante Capital Management LLC has about 98.8% of it's holdings in Real Estate sector.
| Sector | % |
|---|---|
| Real Estate | 98.8 |
Market Cap. Distribution
Adelante Capital Management LLC has about 90.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 90.4 |
| MID-CAP | 8.2 |
| SMALL-CAP | 1.4 |
Stocks belong to which Index?
About 89.4% of the stocks held by Adelante Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 86.2 |
| Others | 10.6 |
| RUSSELL 2000 | 3.2 |
Adelante Capital Management LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Adelante Capital Management LLC
Adelante Capital Management LLC has 42 stocks in it's portfolio. About 74.2% of the portfolio is in top 10 stocks. EQIX proved to be the most loss making stock for the portfolio. PLD was the most profitable stock for Adelante Capital Management LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMH | american homes 4 rent | 1.37 | 837,195 | 29,144,000 | reduced | -33.55 | ||
| AMT | american tower corp. | 0.42 | 1,203,520 | 8,960,000 | added | 2,723 | ||
| ARE | alexandria real estate equit | 1.23 | 427,204 | 26,188,000 | reduced | -1.75 | ||
| AVB | avalonbay communities, inc. | 8.13 | 31,128 | 172,470,000 | reduced | -91.92 | ||
| BKD | brookdale senior living | 0.35 | 1,778,540 | 7,339,000 | new | |||
| BNL | broadstone net lease | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BRX | brixmor property group | 2.87 | 483,110 | 60,986,000 | reduced | -72.81 | ||
| BXP | bxp, inc. | 2.26 | 393,953 | 48,040,000 | reduced | -7.22 | ||
| CBRE | cbre group | 0.08 | 34,841 | 1,615,000 | new | |||
| CCI | crown castle inc | 0.09 | 44,259 | 1,872,000 | added | 207 | ||
| CDP | copt defense properties | 0.03 | 14,376 | 557,000 | new | |||
| COLD | americold realty trust | 0.62 | 60,651 | 13,255,000 | added | 134 | ||
| DLR | digital realty trust | 3.54 | 503,092 | 75,025,000 | reduced | -0.04 | ||
| DRH | diamondrock hospitality | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EGP | eastgroup properties | 1.73 | 176,535 | 36,681,000 | reduced | -0.35 | ||
| ELS | equity lifestyle properties | 1.53 | 177,242 | 32,441,000 | reduced | -51.8 | ||
| EPRT | essential properties realty | 0.08 | 1,111,630 | 1,641,000 | added | 3,964 | ||
| EQIX | equinix inc. | 6.55 | 514,224 | 138,916,000 | added | 202 | ||
| EQR | equity residential | 4.22 | 395,981 | 89,610,000 | reduced | -65.71 | ||
| ESS | essex property trust, inc. | 0.03 | 27,347 | 620,000 | added | 498 | ||