B&I Capital AG
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), B&I Capital AG reported 27 stock positions worth $306.9 million. Its top holding was Prologis (PLD) at 12.2% of the portfolio, followed by Equinix (EQIX, 11.4%) and American Tower (AMT, 9.4%). Compared with Q3 2024, it opened 7 new positions, sold out of 7, added to 7 and reduced 11. The biggest buy was a new position in American Tower (AMT) and the biggest sale an exit from Crown Castle (CCI).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0001843527
- Portfolio Value
- $306.9M (Q4 2024)
- SEC Filing
- 0001843527-25-000001 ↗ filed Feb 6, 2025
Holdings Value
Holdings 27 stocks · $306.9M
| PLD Prologis Inc. | 12.24% | 355,431 | $37.6M | Add +20.4% |
| EQIX Equinix Inc. | 11.44% | 37,237 | $35.1M | Reduce -6.8% |
| AMT American Tower Corp. | 9.41% | 157,500 | $28.9M | New |
| WELL Welltower Inc. | 6.19% | 150,820 | $19.0M | Reduce -37.2% |
| SPG Simon Property Group Inc. | 5.09% | 90,700 | $15.6M | Reduce -14.1% |
| CUBE Cubesmart | 4.78% | 342,390 | $14.7M | Add +36.5% |
| PSA Public Storage | 4.59% | 47,045 | $14.1M | Reduce -1.5% |
| KIM Kimco Realty Corp. | 3.89% | 509,830 | $11.9M | Add +13.9% |
| UDR Udr Inc. | 3.31% | 233,820 | $10.2M | Reduce -5.9% |
| OHI Omega Healthcare Investors | 3.25% | 263,270 | $10.0M | Add +16.9% |
| MAA Mid-America Apartment Comm | 3.19% | 63,415 | $9.8M | Reduce -11.2% |
| IRT Independence Realty Trust Inc. | 3.19% | 493,960 | $9.8M | Reduce -12.9% |
| PECO Phillips Edison & Company Inc. | 3.16% | 259,045 | $9.7M | Add +21.9% |
| DLR Digital Realty Trust Inc. | 2.63% | 45,600 | $8.1M | New |
| HIW Highwoods Properties Inc. | 2.62% | 262,500 | $8.0M | Add +111.7% |
| BXP BXP Inc. | 2.55% | 105,240 | $7.8M | New |
| VRE Veris Residential Inc. | 2.52% | 464,980 | $7.7M | Reduce -10.3% |
| SAFE Safehold Inc. | 2.51% | 417,503 | $7.7M | Add +75.3% |
| ELS Equity Lifestyle Properties | 2.47% | 113,780 | $7.6M | New |
| MAC The Macerich Co. | 2.40% | 370,450 | $7.4M | New |
| VTR Ventas Inc. | 1.77% | 92,500 | $5.4M | New |
| AMH American Homes 4 Rent- A | 1.60% | 131,400 | $4.9M | Reduce -59.5% |
| GTY Getty Realty Corp. | 1.33% | 135,230 | $4.1M | No change |
| FCPT Four Corners Property Trust | 1.31% | 148,300 | $4.0M | No change |
| EPRT Essential Properties Realty | 1.23% | 120,544 | $3.8M | Reduce -8.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.88% | 92,990 | $2.7M | Reduce -19.8% |
| SCI Service Corp. International | 0.43% | 16,670 | $1.3M | New |
Portfolio Sells Q3 2024 → Q4 2024
| CCI Crown Castle Inc. | Sold out | 0.00% | −7.39 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −3.93 |
| SUI Sun Communities Inc. | Sold out | 0.00% | −3.36 |
| REXR Rexford Industrial Realty Inc. | Sold out | 0.00% | −3.20 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −3.00 |
| WELL Welltower Inc. | Reduce -37.2% | 6.19% | −2.72 |
| HUDSON PAC PPTYS INC | Sold out | 0.00% | −2.29 |
| AMH American Homes 4 Rent- A | Reduce -59.5% | 1.60% | −2.01 |
| IIPR Innovative Industrial Proper | Sold out | 0.00% | −0.54 |
| PSA Public Storage | Reduce -1.5% | 4.59% | −0.45 |
| VICI Vici Properties Inc. | Reduce -19.8% | 0.88% | −0.23 |
| IRT Independence Realty Trust Inc. | Reduce -12.9% | 3.19% | −0.18 |
| VRE Veris Residential Inc. | Reduce -10.3% | 2.52% | −0.16 |
| MAA Mid-America Apartment Comm | Reduce -11.2% | 3.19% | −0.10 |
| SPG Simon Property Group Inc. | Reduce -14.1% | 5.09% | −0.08 |
| EPRT Essential Properties Realty | Reduce -8.5% | 1.23% | −0.08 |
| UDR Udr Inc. | Reduce -5.9% | 3.31% | +0.04 |
| EQIX Equinix Inc. | Reduce -6.8% | 11.44% | +1.15 |
Portfolio Buys Q3 2024 → Q4 2024
| AMT American Tower Corp. | New | 9.41% | +9.41 |
| DLR Digital Realty Trust Inc. | New | 2.63% | +2.63 |
| BXP BXP Inc. | New | 2.55% | +2.55 |
| ELS Equity Lifestyle Properties | New | 2.47% | +2.47 |
| MAC The Macerich Co. | New | 2.40% | +2.40 |
| VTR Ventas Inc. | New | 1.77% | +1.77 |
| PLD Prologis Inc. | Add +20.4% | 12.24% | +1.44 |
| HIW Highwoods Properties Inc. | Add +111.7% | 2.62% | +1.41 |
| KIM Kimco Realty Corp. | Add +13.9% | 3.89% | +0.88 |
| CUBE Cubesmart | Add +36.5% | 4.78% | +0.87 |
| PECO Phillips Edison & Company Inc. | Add +21.9% | 3.16% | +0.84 |
| SAFE Safehold Inc. | Add +75.3% | 2.51% | +0.70 |
| OHI Omega Healthcare Investors | Add +16.9% | 3.25% | +0.59 |
| SCI Service Corp. International | New | 0.43% | +0.43 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $45.3M | PLD, WELL, EQIX, PSA, AHR |
| Q1 2026 | 24 | $294.1M | PLD, WELL, AMT, EQIX, PSA |
| Q4 2025 | 25 | $281.2M | PLD, WELL, AMT, EQIX, SPG |
| Q3 2025 | 29 | $288.9M | AMT, PLD, WELL, EQIX, CUBE |
| Q2 2025 | 31 | $294.0M | AMT, PLD, WELL, EQIX, DLR |
| Q1 2025 | 30 | $307.5M | PLD, AMT, EQIX, WELL, PSA |
| Q4 2024 | 27 | $306.9M | PLD, EQIX, AMT, WELL, SPG |
| Q3 2024 | 27 | $345.0M | PLD, EQIX, WELL, CCI, SPG |
| Q2 2024 | 27 | $312.6M | PLD, EQIX, WELL, CCI, NSA |
| Q1 2024 | 25 | $315.6M | EQIX, PLD, WELL, CCI, NSA |