CBRE Investment Management Listed Real Assets LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), CBRE Investment Management Listed Real Assets LLC reported 99 stock positions worth $7.2 billion. Its top holding was Welltower (WELL) at 9.0% of the portfolio, followed by Equinix (EQIX, 6.6%) and Prologis (PLD, 3.4%). Compared with Q1 2026, it opened 10 new positions, sold out of 5, added to 41 and reduced 40. The biggest buy was Williams Cos (WMB, shares +10683%) and the biggest sale Entergy (ETR, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- RADNOR, PA
- CIK
- 0001033984
- Portfolio Value
- $7.2B (Q2 2026)
- SEC Filing
- 0001033984-26-000012 ↗ filed Aug 14, 2026
Holdings Value
Holdings 99 stocks · $7.2B
| WELL Welltower Inc. | 9.01% | 2,843,632 | $645.4M | Reduce -5.4% |
| EQIX Equinix Inc. | 6.59% | 453,306 | $472.5M | Reduce -14.3% |
| PLD Prologis Inc. | 3.42% | 1,806,673 | $244.7M | Reduce -17.3% |
| AMT American Tower Corp. | 3.33% | 1,458,711 | $238.6M | Add +31.4% |
| XEL Xcel Energy Inc. | 3.02% | 2,692,983 | $216.2M | Add +3.7% |
| AEP American Electric Power | 2.97% | 1,554,554 | $212.7M | Add +106.8% |
| PPL PPL Corp. | 2.68% | 5,283,738 | $192.1M | Add +14.4% |
| UDR Udr Inc. | 2.55% | 4,581,042 | $182.9M | Add +80.6% |
| ATO Atmos Energy Corp. | 2.40% | 999,550 | $172.2M | Add +31.9% |
| BRX Brixmor Property Group Inc. | 2.34% | 5,329,837 | $168.0M | Add +8.4% |
| EGP Eastgroup Properties Inc. | 2.32% | 819,322 | $165.9M | Add +3.5% |
| EVRG Evergy Inc. | 2.14% | 1,777,469 | $153.6M | Add +27.9% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 2.04% | 2,155,307 | $146.4M | Add +38.9% |
| VTR Ventas Inc. | 2.02% | 1,627,271 | $144.5M | Reduce -13.9% |
| SO The Southern Co. | 2.00% | 1,496,314 | $143.2M | Add +100.8% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.89% | 1,072,881 | $135.5M | Reduce -13.3% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.89% | 5,101,362 | $135.4M | Reduce -4.6% |
| CUBE Cubesmart | 1.86% | 3,359,278 | $133.6M | Add +8.6% |
| WMB Williams Cos Inc. | 1.83% | 1,760,590 | $130.9M | Add +10683.3% |
| REG Regency Centers Corp. | 1.82% | 1,636,814 | $130.5M | Add +29.4% |
| SPG Simon Property Group Inc. | 1.71% | 546,521 | $122.2M | Reduce -54.8% |
| PCG P G & E Corp. | 1.66% | 7,091,740 | $119.3M | Add +3.8% |
| AMH American Homes 4 Rent- A | 1.65% | 3,533,744 | $118.5M | Add +8.7% |
| WEC WEC Energy Group Inc. | 1.63% | 1,003,363 | $117.2M | Reduce -27.1% |
| CEG Constellation Energy | 1.62% | 467,440 | $116.1M | Add +12.6% |
| FR First Industrial Realty TR | 1.44% | 1,679,978 | $103.0M | Reduce -24.6% |
| STAG Stag Industrial Inc. | 1.40% | 2,640,424 | $100.5M | Reduce -16.7% |
| PEG Public Service Enterprise GP | 1.36% | 1,199,814 | $97.4M | Reduce -45.5% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 1.28% | 767,879 | $92.1M | Add +43.1% |
| OGE Oge Energy Corp. | 1.22% | 1,794,001 | $87.3M | Reduce -1.2% |
| EPRT Essential Properties Realty | 1.18% | 2,842,370 | $84.8M | Add +29.0% |
| AHR American Healthcare REIT Inc. | 1.17% | 1,614,014 | $84.2M | Add +28.3% |
| CPT Camden Property Trust | 1.17% | 733,484 | $84.0M | Reduce -4.9% |
| TRGP Targa Resources Corp. | 1.17% | 313,028 | $83.9M | Reduce -6.8% |
| RHP Ryman Hospitality Properties | 1.12% | 624,149 | $80.2M | New |
| OKE Oneok Inc. | 1.08% | 889,145 | $77.3M | Add +203.7% |
| LNG Cheniere Energy Inc. | 0.95% | 284,701 | $68.0M | Reduce -44.1% |
| GLPI Gaming and Leisure Propertie | 0.90% | 1,448,826 | $64.5M | Reduce -1.6% |
| DLR Digital Realty Trust Inc. | 0.79% | 315,098 | $56.6M | Reduce -29.1% |
| UNP Union Pacific Corp. | 0.77% | 201,852 | $54.9M | Add +48.4% |
| CUZ Cousins Properties Inc. | 0.68% | 1,636,218 | $49.1M | Add +35.2% |
| VNO Vornado Realty Trust | 0.68% | 1,243,508 | $48.9M | Reduce -11.7% |
| O Realty Income Corp. | 0.66% | 758,362 | $47.0M | Reduce -43.9% |
| CMS CMS Energy Corp. | 0.64% | 595,592 | $45.6M | Reduce -55.3% |
| GTY Getty Realty Corp. | 0.63% | 1,343,959 | $44.8M | Reduce -1.9% |
| EXR Extra Space Storage Inc. | 0.62% | 306,536 | $44.5M | Add +57.2% |
| PSA Public Storage | 0.61% | 137,017 | $43.6M | Reduce -37.5% |
| FRT Federal Realty Invs Trust | 0.61% | 351,830 | $43.4M | Add +101.2% |
| JAN Janus Living Inc. Class-A-1 | 0.59% | 1,475,823 | $42.4M | Add +179.5% |
| BXDC Blackstone Digital Infrastru | 0.58% | 1,931,832 | $41.8M | New |
| COLD Americold Realty Trust Inc. | 0.53% | 2,416,480 | $38.0M | Add +302.5% |
| SKT Tanger Inc. | 0.53% | 960,182 | $37.9M | Add +21.6% |
| OGS One Gas Inc. | 0.52% | 483,805 | $37.3M | Add +30.3% |
| CPK Chesapeake Utilities Corp. | 0.50% | 289,803 | $35.5M | Add +12.8% |
| DOC Healthpeak Properties Inc. | 0.43% | 1,447,136 | $31.0M | Reduce -43.1% |
| SHO Sunstone Hotel Investors Inc. | 0.42% | 2,648,664 | $30.3M | Reduce -33.1% |
| HLT Hilton Worldwide Holdings Inc. | 0.42% | 91,607 | $30.3M | Add +10.6% |
| AWK American Water Works Co. Inc. | 0.42% | 227,666 | $30.0M | Add +13.2% |
| AVB Avalonbay Communities Inc. | 0.41% | 155,268 | $29.3M | Add +7.9% |
| ETR Entergy Corp. | 0.41% | 254,243 | $29.2M | Reduce -79.4% |
| CCI Crown Castle Inc. | 0.40% | 376,589 | $28.5M | Reduce -33.0% |
| D Dominion Energy Inc. | 0.35% | 369,494 | $25.2M | No change |
| MAC The Macerich Co. | 0.35% | 994,586 | $25.1M | New |
| OHI Omega Healthcare Investors | 0.35% | 518,884 | $24.7M | Reduce -70.5% |
| IVT Inventrust Properties Corp. | 0.34% | 687,891 | $24.4M | New |
| WPC WP Carey Inc. | 0.34% | 339,978 | $24.3M | New |
| ELS Equity Lifestyle Properties | 0.31% | 341,635 | $22.0M | Add +16.7% |
| ESS Essex Property Trust Inc. | 0.29% | 70,478 | $20.6M | Add +16.1% |
| REXR Rexford Industrial Realty Inc. | 0.28% | 591,151 | $19.8M | Reduce -2.3% |
| INVH Invitation Homes Inc. | 0.27% | 648,788 | $19.6M | Add +49.0% |
| MAA Mid-America Apartment Comm | 0.25% | 129,588 | $18.0M | Add +0.0% |
| IRT Independence Realty Trust Inc. | 0.18% | 791,922 | $13.2M | Reduce -8.8% |
| EPR Epr Properties filed as EPR PPTYS | 0.18% | 217,783 | $12.6M | Add +16.8% |
| HST Host Hotels & Resorts Inc. | 0.16% | 475,268 | $11.3M | Reduce -46.1% |
| BXP BXP Inc. | 0.15% | 159,546 | $10.6M | Reduce -67.5% |
| WTRG Essential Utilities Inc. | 0.15% | 274,998 | $10.5M | Reduce -8.8% |
| BNL Broadstone Net Lease Inc. | 0.14% | 489,275 | $10.1M | Reduce -27.0% |
| ARE Alexandria Real Estate Equit | 0.13% | 178,107 | $9.4M | No change |
| XIFR XPLR Infrastructure LP | 0.13% | 794,852 | $9.4M | No change |
| CSR Centerspace | 0.12% | 156,684 | $8.8M | Reduce -32.3% |
| LINE Lineage Inc. | 0.10% | 171,316 | $7.4M | No change |
| PDM Piedmont Realty Trust Inc. | 0.10% | 778,322 | $7.1M | Add +2.1% |
| AES AES Corp. | 0.09% | 417,193 | $6.1M | Reduce -90.5% |
| NTST Netstreit Corp. | 0.08% | 271,274 | $5.7M | No change |
| NHP National Healthcare Properti | 0.08% | 381,121 | $5.6M | New |
| KRC Kilroy Realty Corp. | 0.07% | 137,040 | $5.1M | New |
| SBAC SBA Communications Corp. | 0.06% | 24,384 | $4.3M | No change |
| ESRT Empire State Realty Trust-A | 0.05% | 687,840 | $3.7M | No change |
| LNT Alliant Energy Corp. | 0.05% | 46,629 | $3.6M | New |
| AEE Ameren Corporation | 0.05% | 30,698 | $3.5M | Add +321.7% |
| BIP Brookfield Infrastructure Pa | 0.03% | 50,000 | $1.8M | Reduce -83.9% |
| UE Urban Edge Properties | 0.02% | 75,242 | $1.7M | New |
| NEE Nextera Energy Inc. | 0.02% | 18,524 | $1.6M | Reduce -41.4% |
| WY Weyerhaeuser Co. | 0.02% | 60,100 | $1.4M | No change |
| CWEN Clearway Energy Inc. Class C | 0.01% | 26,014 | $889K | New |
| MAR Marriott International Class A | 0.01% | 1,973 | $731K | Reduce -29.3% |
| NSC Norfolk Southern Corp. | 0.01% | 2,310 | $727K | Reduce -2.5% |
| CNP Centerpoint Energy Inc. | 0.00% | 7,252 | $319K | Reduce -1.9% |
| KMI Kinder Morgan Inc. | 0.00% | 6,403 | $205K | Add +2.4% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $18.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) | 6.3 CUM PFD SR F | 541,950 | $10.5M | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 383,644 | $7.5M | No change |
Total filed on the 13F, all lines: $7.2B.
Portfolio Sells Q1 2026 → Q2 2026
| ETR Entergy Corp. | Reduce -79.4% | 0.41% | −1.65 |
| SPG Simon Property Group Inc. | Reduce -54.8% | 1.71% | −1.65 |
| PEG Public Service Enterprise GP | Reduce -45.5% | 1.36% | −1.29 |
| LNG Cheniere Energy Inc. | Reduce -44.1% | 0.95% | −1.20 |
| EQIX Equinix Inc. | Reduce -14.3% | 6.59% | −1.11 |
| CMS CMS Energy Corp. | Reduce -55.3% | 0.64% | −0.90 |
| PLD Prologis Inc. | Reduce -17.3% | 3.42% | −0.88 |
| AES AES Corp. | Reduce -90.5% | 0.09% | −0.84 |
| OHI Omega Healthcare Investors | Reduce -70.5% | 0.35% | −0.80 |
| WEC WEC Energy Group Inc. | Reduce -27.1% | 1.63% | −0.73 |
| O Realty Income Corp. | Reduce -43.9% | 0.66% | −0.57 |
| FR First Industrial Realty TR | Reduce -24.6% | 1.44% | −0.48 |
| CWT California Water Service Grp | Sold out | 0.00% | −0.44 |
| DLR Digital Realty Trust Inc. | Reduce -29.1% | 0.79% | −0.40 |
| STAG Stag Industrial Inc. | Reduce -16.7% | 1.40% | −0.30 |
| CCI Crown Castle Inc. | Reduce -33.0% | 0.40% | −0.28 |
| VICI Vici Properties Inc. | Reduce -4.6% | 1.89% | −0.28 |
| VTR Ventas Inc. | Reduce -13.9% | 2.02% | −0.28 |
| PSA Public Storage | Reduce -37.5% | 0.61% | −0.27 |
| LAMR Lamar Advertising Co. Class A | Sold out | 0.00% | −0.24 |
| BXP BXP Inc. | Reduce -67.5% | 0.15% | −0.23 |
| DOC Healthpeak Properties Inc. | Reduce -43.1% | 0.43% | −0.19 |
| BIP Brookfield Infrastructure Pa | Reduce -83.9% | 0.03% | −0.14 |
| SHO Sunstone Hotel Investors Inc. | Reduce -33.1% | 0.42% | −0.11 |
| HST Host Hotels & Resorts Inc. | Reduce -46.1% | 0.16% | −0.09 |
| TRGP Targa Resources Corp. | Reduce -6.8% | 1.17% | −0.08 |
| OGE Oge Energy Corp. | Reduce -1.2% | 1.22% | −0.08 |
| CSR Centerspace | Reduce -32.3% | 0.12% | −0.07 |
| GLPI Gaming and Leisure Propertie | Reduce -1.6% | 0.90% | −0.07 |
| CURB Curbline Properties Corp. | Sold out | 0.00% | −0.05 |
| CDP Copt Defense Properties | Sold out | 0.00% | −0.05 |
| BNL Broadstone Net Lease Inc. | Reduce -27.0% | 0.14% | −0.04 |
| LXP LXP Industrial Trust | Sold out | 0.00% | −0.04 |
| WTRG Essential Utilities Inc. | Reduce -8.8% | 0.15% | −0.03 |
| GTY Getty Realty Corp. | Reduce -1.9% | 0.63% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -41.4% | 0.02% | −0.02 |
| REXR Rexford Industrial Realty Inc. | Reduce -2.3% | 0.28% | −0.02 |
| IRT Independence Realty Trust Inc. | Reduce -8.8% | 0.18% | −0.01 |
| MAR Marriott International Class A | Reduce -29.3% | 0.01% | −0.00 |
| CNP Centerpoint Energy Inc. | Reduce -1.9% | 0.00% | −0.00 |
| NSC Norfolk Southern Corp. | Reduce -2.5% | 0.01% | 0.00 |
| IRM Iron Mountain Inc. | Reduce -13.3% | 1.89% | +0.01 |
| CPT Camden Property Trust | Reduce -4.9% | 1.17% | +0.05 |
| VNO Vornado Realty Trust | Reduce -11.7% | 0.68% | +0.14 |
| WELL Welltower Inc. | Reduce -5.4% | 9.01% | +0.17 |
Portfolio Buys Q1 2026 → Q2 2026
| WMB Williams Cos Inc. | Add +10683.3% | 1.83% | +1.81 |
| AEP American Electric Power | Add +106.8% | 2.97% | +1.50 |
| UDR Udr Inc. | Add +80.6% | 2.55% | +1.28 |
| RHP Ryman Hospitality Properties | New | 1.12% | +1.12 |
| SO The Southern Co. | Add +100.8% | 2.00% | +0.93 |
| OKE Oneok Inc. | Add +203.7% | 1.08% | +0.69 |
| VMRK Vivmark Residential | Add +38.9% | 2.04% | +0.68 |
| BXDC Blackstone Digital Infrastru | New | 0.58% | +0.58 |
| AMT American Tower Corp. | Add +31.4% | 3.33% | +0.48 |
| EVRG Evergy Inc. | Add +27.9% | 2.14% | +0.45 |
| COLD Americold Realty Trust Inc. | Add +302.5% | 0.53% | +0.43 |
| JAN Janus Living Inc. Class-A-1 | Add +179.5% | 0.59% | +0.41 |
| REG Regency Centers Corp. | Add +29.4% | 1.82% | +0.40 |
| MAC The Macerich Co. | New | 0.35% | +0.35 |
| IVT Inventrust Properties Corp. | New | 0.34% | +0.34 |
| WPC WP Carey Inc. | New | 0.34% | +0.34 |
| FRT Federal Realty Invs Trust | Add +101.2% | 0.61% | +0.33 |
| ATO Atmos Energy Corp. | Add +31.9% | 2.40% | +0.32 |
| AMH American Homes 4 Rent- A | Add +8.7% | 1.65% | +0.30 |
| AHR American Healthcare REIT Inc. | Add +28.3% | 1.17% | +0.29 |
| SUI Sun Communities Inc. | Add +43.1% | 1.28% | +0.28 |
| CUZ Cousins Properties Inc. | Add +35.2% | 0.68% | +0.28 |
| UNP Union Pacific Corp. | Add +48.4% | 0.77% | +0.28 |
| EXR Extra Space Storage Inc. | Add +57.2% | 0.62% | +0.24 |
| BRX Brixmor Property Group Inc. | Add +8.4% | 2.34% | +0.24 |
| EPRT Essential Properties Realty | Add +29.0% | 1.18% | +0.19 |
| CUBE Cubesmart | Add +8.6% | 1.86% | +0.18 |
| EGP Eastgroup Properties Inc. | Add +3.5% | 2.32% | +0.14 |
| SKT Tanger Inc. | Add +21.6% | 0.53% | +0.13 |
| INVH Invitation Homes Inc. | Add +49.0% | 0.27% | +0.11 |
| NHP National Healthcare Properti | New | 0.08% | +0.08 |
| KRC Kilroy Realty Corp. | New | 0.07% | +0.07 |
| ESS Essex Property Trust Inc. | Add +16.1% | 0.29% | +0.07 |
| AVB Avalonbay Communities Inc. | Add +7.9% | 0.41% | +0.06 |
| PPL PPL Corp. | Add +14.4% | 2.68% | +0.06 |
| LNT Alliant Energy Corp. | New | 0.05% | +0.05 |
| HLT Hilton Worldwide Holdings Inc. | Add +10.6% | 0.42% | +0.05 |
| OGS One Gas Inc. | Add +30.3% | 0.52% | +0.04 |
| EPR Epr Properties | Add +16.8% | 0.18% | +0.04 |
| AEE Ameren Corporation | Add +321.7% | 0.05% | +0.04 |
| ELS Equity Lifestyle Properties | Add +16.7% | 0.31% | +0.04 |
| PDM Piedmont Realty Trust Inc. | Add +2.1% | 0.10% | +0.03 |
| UE Urban Edge Properties | New | 0.02% | +0.02 |
| MAA Mid-America Apartment Comm | Add +0.0% | 0.25% | +0.02 |
| CPK Chesapeake Utilities Corp. | Add +12.8% | 0.50% | +0.01 |
| CWEN Clearway Energy Inc. Class C | New | 0.01% | +0.01 |
| AWK American Water Works Co. Inc. | Add +13.2% | 0.42% | +0.01 |
| KMI Kinder Morgan Inc. | Add +2.4% | 0.00% | −0.00 |
| XEL Xcel Energy Inc. | Add +3.7% | 3.02% | −0.05 |
| CEG Constellation Energy | Add +12.6% | 1.62% | −0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 99 | $7.2B | WELL, EQIX, PLD, AMT, XEL |
| Q1 2026 | 94 | $6.7B | WELL, EQIX, PLD, SPG, XEL |
| Q4 2025 | 95 | $6.8B | WELL, EQIX, PLD, SPG, VICI |
| Q3 2025 | 103 | $7.0B | WELL, EQIX, SPG, PLD, VICI |
| Q2 2025 | 104 | $6.5B | WELL, EQIX, SPG, O, INVH |
| Q1 2025 | 107 | $6.5B | WELL, EQIX, SPG, O, PLD |
| Q4 2024 | 112 | $5.6B | EQIX, O, SPG, WELL, INVH |
| Q3 2024 | 109 | $6.3B | EQIX, O, SPG, WELL, INVH |
| Q2 2024 | 109 | $5.4B | EQIX, O, PSA, SPG, WELL |
| Q1 2024 | 108 | $5.4B | O, EQIX, SPG, PSA, WELL |