American Assets Capital Advisers, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), American Assets Capital Advisers, LLC reported 40 stock positions worth $99.5 million. Its top holding was Vanguard Short-Term Treasury (VGSH) at 13.6% of the portfolio, followed by Ftai Infrastructure (FIP, 10.9%) and American Tower (AMT, 7.3%). Compared with Q1 2025, it opened 1 new position, sold out of 1, added to 5 and reduced 27. The biggest buy was Vanguard Short-Term Treasury (VGSH, shares +1%) and the biggest sale an exit from WYNN Resorts (WYNN).
- Most Recent 13F
- Q3 2025
- Location
- SAN DIEGO, CA
- CIK
- 0001626691
- Portfolio Value
- $99.5M (Q2 2025)
- SEC Filing
- 0001626691-25-000005 ↗ filed Aug 6, 2025
Holdings Value
Holdings 40 stocks · $99.5M
| VGSH Vanguard Short-Term Treasury | 13.63% | 230,855 | $13.6M | Add +1.4% |
| FIP Ftai Infrastructure Inc. | 10.95% | 1,766,695 | $10.9M | Reduce -50.7% |
| AMT American Tower Corp. | 7.29% | 32,837 | $7.3M | Reduce -63.1% |
| EQIX Equinix Inc. | 6.11% | 7,650 | $6.1M | Reduce -55.9% |
| FTAI Ftai Aviation Ltd. | 5.46% | 47,288 | $5.4M | Reduce -68.5% |
| PLD Prologis Inc. | 4.68% | 44,286 | $4.7M | Add +69.3% |
| DLR Digital Realty Trust Inc. | 4.30% | 24,541 | $4.3M | Reduce -56.6% |
| SPG Simon Property Group Inc. | 3.64% | 22,551 | $3.6M | Reduce -63.8% |
| MAC The Macerich Co. | 3.51% | 215,844 | $3.5M | Reduce -62.4% |
| CDZI Cadiz Inc. | 2.94% | 979,554 | $2.9M | Reduce -48.4% |
| VTR Ventas Inc. | 2.75% | 43,303 | $2.7M | Reduce -63.3% |
| NFE New Fortress Energy Inc. | 2.41% | 721,483 | $2.4M | Reduce -61.2% |
| CZR Caesars Entertainment Inc. | 2.40% | 84,100 | $2.4M | New |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 2.37% | 22,969 | $2.4M | Reduce -59.8% |
| EXR Extra Space Storage Inc. | 2.19% | 14,804 | $2.2M | Reduce -61.3% |
| CCI Crown Castle Inc. | 2.14% | 20,700 | $2.1M | Reduce -79.2% |
| MGM MGM Resorts International | 2.03% | 58,892 | $2.0M | Reduce -62.0% |
| GEV GE Vernova Inc. | 1.60% | 3,013 | $1.6M | Reduce -78.0% |
| INVH Invitation Homes Inc. | 1.51% | 45,774 | $1.5M | Reduce -62.7% |
| CBRE CBRE Group Inc. Class A | 1.50% | 10,688 | $1.5M | Add +0.9% |
| REXR Rexford Industrial Realty Inc. | 1.50% | 41,939 | $1.5M | Reduce -59.7% |
| WELL Welltower Inc. | 1.44% | 9,346 | $1.4M | No change |
| ARE Alexandria Real Estate Equit | 1.26% | 17,316 | $1.3M | Add +181.3% |
| PSA Public Storage | 1.25% | 4,225 | $1.2M | No change |
| CSGP Costar Group Inc. | 1.23% | 15,171 | $1.2M | Add +59.1% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 1.22% | 9,603 | $1.2M | Reduce -63.5% |
| SBAC SBA Communications Corp. | 1.21% | 5,131 | $1.2M | Reduce -76.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.19% | 36,184 | $1.2M | No change |
| AVB Avalonbay Communities Inc. | 0.94% | 4,608 | $938K | No change |
| KEX Kirby Corp. | 0.82% | 7,208 | $817K | Reduce -82.8% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.78% | 11,577 | $781K | No change |
| WY Weyerhaeuser Co. | 0.57% | 22,192 | $570K | No change |
| BX Blackstone Inc. | 0.52% | 3,443 | $515K | Reduce -92.7% |
| Z Zillow Group Inc. Class C | 0.48% | 6,808 | $477K | No change |
| NLY Annaly Capital Management Inc. | 0.45% | 23,828 | $448K | Reduce -88.3% |
| ELS Equity Lifestyle Properties | 0.43% | 7,022 | $433K | Reduce -83.3% |
| AMH American Homes 4 Rent- A | 0.41% | 11,330 | $409K | Reduce -82.4% |
| CUBE Cubesmart | 0.36% | 8,535 | $363K | Reduce -85.8% |
| AGNC AGNC Investment Corp. | 0.35% | 38,019 | $349K | Reduce -91.2% |
| COLD Americold Realty Trust Inc. | 0.17% | 10,064 | $167K | Reduce -90.3% |
Portfolio Sells Q1 2025 → Q2 2025
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −5.86 |
| NFE New Fortress Energy Inc. | Reduce -61.2% | 2.41% | −4.06 |
| BX Blackstone Inc. | Reduce -92.7% | 0.52% | −2.25 |
| CCI Crown Castle Inc. | Reduce -79.2% | 2.14% | −2.21 |
| FTAI Ftai Aviation Ltd. | Reduce -68.5% | 5.46% | −1.50 |
| AGNC AGNC Investment Corp. | Reduce -91.2% | 0.35% | −1.38 |
| NLY Annaly Capital Management Inc. | Reduce -88.3% | 0.45% | −1.29 |
| KEX Kirby Corp. | Reduce -82.8% | 0.82% | −0.95 |
| AMT American Tower Corp. | Reduce -63.1% | 7.29% | −0.81 |
| COLD Americold Realty Trust Inc. | Reduce -90.3% | 0.17% | −0.76 |
| SBAC SBA Communications Corp. | Reduce -76.0% | 1.21% | −0.76 |
| ELS Equity Lifestyle Properties | Reduce -83.3% | 0.43% | −0.73 |
| CUBE Cubesmart | Reduce -85.8% | 0.36% | −0.71 |
| SPG Simon Property Group Inc. | Reduce -63.8% | 3.64% | −0.69 |
| VTR Ventas Inc. | Reduce -63.3% | 2.75% | −0.65 |
| MAC The Macerich Co. | Reduce -62.4% | 3.51% | −0.62 |
| AMH American Homes 4 Rent- A | Reduce -82.4% | 0.41% | −0.61 |
| INVH Invitation Homes Inc. | Reduce -62.7% | 1.51% | −0.28 |
| REXR Rexford Industrial Realty Inc. | Reduce -59.7% | 1.50% | −0.21 |
| SUI Sun Communities Inc. | Reduce -63.5% | 1.22% | −0.20 |
| EXR Extra Space Storage Inc. | Reduce -61.3% | 2.19% | −0.18 |
| GEV GE Vernova Inc. | Reduce -78.0% | 1.60% | −0.15 |
| MGM MGM Resorts International | Reduce -62.0% | 2.03% | +0.11 |
| EQIX Equinix Inc. | Reduce -55.9% | 6.11% | +0.19 |
| IRM Iron Mountain Inc. | Reduce -59.8% | 2.37% | +0.31 |
| CDZI Cadiz Inc. | Reduce -48.4% | 2.94% | +0.62 |
| DLR Digital Realty Trust Inc. | Reduce -56.6% | 4.30% | +0.91 |
| FIP Ftai Infrastructure Inc. | Reduce -50.7% | 10.95% | +4.16 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 36 | $94.7M | VGSH, FTAI, AMT, PLD, FIP |
| Q2 2025 | 40 | $99.5M | VGSH, FIP, AMT, EQIX, FTAI |
| Q1 2025 | 40 | $239.0M | AMT, FTAI, FIP, NFE, EQIX |
| Q4 2024 | 40 | $299.7M | NFE, FIP, EQIX, AMT, MGM |
| Q3 2024 | 37 | $325.8M | FIP, EQIX, AMT, WYNN, DBRG |
| Q2 2024 | 35 | $315.8M | FIP, EQIX, AMT, SPG, DLR |
| Q1 2024 | 33 | $351.0M | FIP, FTAI, EQIX, DBRG, DLR |