Centersquare Investment Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Centersquare Investment Management LLC reported 72 stock positions worth $8.7 billion. Its top holding was Prologis (PLD) at 8.1% of the portfolio, followed by Equinix (EQIX, 7.7%) and Welltower (WELL, 5.9%). Compared with Q4 2023, it opened 4 new positions, sold out of 7, added to 47 and reduced 21. The biggest buy was Iron Mountain (IRM, shares +7893%) and the biggest sale an exit from Tricon Residential (TCN).
- Most Recent 13F
- Q2 2026
- Location
- CONSHOHOCKEN, PA
- CIK
- 0001725296
- Portfolio Value
- $8.7B (Q1 2024)
- SEC Filing
- 0001725296-24-000006 ↗ filed May 10, 2024
Holdings Value
Holdings 72 stocks · $8.7B
| PLD Prologis Inc. | 8.06% | 6,840,176 | $698.0M | Add +5.7% |
| EQIX Equinix Inc. | 7.75% | 943,056 | $670.6M | Add +13.5% |
| WELL Welltower Inc. | 5.86% | 5,329,248 | $507.8M | Add +19.0% |
| O Realty Income Corp. | 4.22% | 6,824,420 | $365.4M | Add +14.9% |
| UDR Udr Inc. | 4.20% | 9,550,638 | $363.7M | Add +17.7% |
| DLR Digital Realty Trust Inc. | 4.17% | 2,600,217 | $360.9M | Add +1.4% |
| VTR Ventas Inc. | 3.99% | 7,806,396 | $345.7M | Add +11.5% |
| EXR Extra Space Storage Inc. | 3.95% | 2,546,475 | $341.9M | Add +1.3% |
| PSA Public Storage | 3.55% | 1,184,490 | $307.3M | Add +17.2% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 3.43% | 4,605,269 | $296.6M | Reduce -16.7% |
| INVH Invitation Homes Inc. | 3.38% | 8,552,206 | $292.5M | Add +4.7% |
| KIM Kimco Realty Corp. | 3.11% | 14,467,600 | $269.5M | Add +76.8% |
| SPG Simon Property Group Inc. | 2.94% | 1,814,206 | $255.0M | Add +4.5% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 2.79% | 2,171,868 | $241.8M | Add +4.7% |
| CPT Camden Property Trust | 2.64% | 2,296,741 | $228.9M | Add +64.3% |
| FR First Industrial Realty TR | 2.59% | 4,932,306 | $224.0M | Add +8.4% |
| DOC Healthpeak Properties Inc. | 2.40% | 11,148,014 | $207.5M | Reduce -6.9% |
| ADC Agree Realty Corp. | 2.29% | 3,468,653 | $198.5M | Reduce -2.8% |
| REXR Rexford Industrial Realty Inc. | 1.95% | 3,938,026 | $168.6M | Add +1.1% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.86% | 5,640,917 | $161.0M | Reduce -6.4% |
| BRX Brixmor Property Group Inc. | 1.81% | 7,088,322 | $156.7M | Reduce -16.3% |
| HST Host Hotels & Resorts Inc. | 1.81% | 8,298,733 | $156.6M | Reduce -3.8% |
| NNN NNN REIT Inc. | 1.43% | 3,051,537 | $123.7M | Add +11.8% |
| BXP BXP Inc. filed as BOSTON PROPERTIES INC | 1.40% | 1,960,010 | $121.3M | Reduce -1.3% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.38% | 1,538,486 | $119.3M | Add +7892.6% |
| ROIC Retail Opportunity Investmen | 1.32% | 9,319,113 | $114.3M | Add +6.5% |
| CUZ Cousins Properties Inc. | 1.30% | 4,898,757 | $112.4M | Add +8.9% |
| AMT American Tower Corp. | 1.30% | 653,596 | $112.1M | Add +2.5% |
| OHI Omega Healthcare Investors | 1.25% | 3,566,083 | $108.4M | Reduce -0.5% |
| AVB Avalonbay Communities Inc. | 1.12% | 509,724 | $96.6M | Reduce -15.6% |
| KRC Kilroy Realty Corp. | 1.01% | 2,598,144 | $87.8M | Add +1.0% |
| ARE Alexandria Real Estate Equit | 0.88% | 659,105 | $76.4M | Reduce -44.3% |
| LAMR Lamar Advertising Co. Class A | 0.83% | 621,763 | $72.0M | Add +82.8% |
| CTRE Caretrust REIT Inc. | 0.82% | 2,869,111 | $70.9M | Add +1.6% |
| AHR American Healthcare REIT Inc. | 0.73% | 4,608,089 | $63.3M | New |
| DEI Douglas Emmett Inc. | 0.69% | 4,363,009 | $59.8M | Add +20.8% |
| DRH Diamondrock Hospitality Co. | 0.65% | 6,303,698 | $56.1M | Add +40.3% |
| XHR Xenia Hotels & Resorts Inc. | 0.64% | 4,006,379 | $55.6M | Reduce -2.0% |
| MPT Medical Properties Trust Inc. | 0.54% | 10,173,570 | $46.8M | Reduce -0.7% |
| COLD Americold Realty Trust Inc. | 0.46% | 1,798,751 | $39.5M | Add +100.3% |
| BNL Broadstone Net Lease Inc. | 0.42% | 2,508,661 | $36.5M | Reduce -32.9% |
| UE Urban Edge Properties | 0.42% | 2,171,758 | $36.3M | Add +15.8% |
| SBAC SBA Communications Corp. | 0.36% | 168,379 | $31.3M | Add +1.9% |
| ESS Essex Property Trust Inc. | 0.27% | 94,026 | $23.2M | Add +29.8% |
| IRT Independence Realty Trust Inc. | 0.24% | 1,296,196 | $20.4M | Reduce -41.2% |
| REG Regency Centers Corp. | 0.21% | 307,544 | $18.2M | Add +46.8% |
| FRT Federal Realty Invs Trust | 0.20% | 169,527 | $17.7M | Add +42.2% |
| AMH American Homes 4 Rent- A | 0.18% | 431,900 | $15.5M | Reduce -34.4% |
| MAA Mid-America Apartment Comm | 0.18% | 118,650 | $15.4M | Add +12.0% |
| PGRE Paramount Group Inc. | 0.16% | 3,031,919 | $14.1M | Add +4.1% |
| WY Weyerhaeuser Co. | 0.15% | 427,179 | $12.9M | Reduce -1.1% |
| VTMX Corp. Inmobiliaria Vesta-ADR filed as VESTA REAL ESTATE CORP | 0.12% | 281,677 | $10.0M | Add +19.0% |
| ELS Equity Lifestyle Properties | 0.09% | 123,030 | $7.4M | Add +22.9% |
| ELME Elme Communities | 0.07% | 383,206 | $5.8M | Reduce -76.1% |
| TRNO Terreno Realty Corp. | 0.06% | 98,901 | $5.4M | Add +7.2% |
| EGP Eastgroup Properties Inc. | 0.06% | 32,770 | $5.1M | Add +7.6% |
| AIRC Apartment Income REIT Co. | 0.06% | 127,628 | $4.9M | Add +12.3% |
| STAG Stag Industrial Inc. | 0.05% | 129,800 | $4.5M | Add +24.9% |
| CCI Crown Castle Inc. | 0.05% | 46,740 | $4.4M | Reduce -19.7% |
| LXP LXP Industrial Trust | 0.03% | 282,510 | $2.4M | Add +38.5% |
| OUT Outfront Media Inc. | 0.03% | 136,324 | $2.2M | Reduce -68.5% |
| RHP Ryman Hospitality Properties | 0.02% | 17,377 | $1.8M | New |
| CDP Copt Defense Properties | 0.01% | 53,338 | $1.3M | Add +20.5% |
| DBRG Digitalbridge Group Inc. | 0.01% | 77,500 | $1.3M | Add +29.0% |
| HR Healthcare Realty Trust Inc. | 0.01% | 87,529 | $1.2M | New |
| NEE Nextera Energy Inc. | 0.01% | 15,750 | $1.1M | Reduce -1.6% |
| CSR Centerspace | 0.01% | 14,600 | $982K | Add +24.8% |
| WPC WP Carey Inc. | 0.01% | 9,799 | $537K | Reduce -48.5% |
| EPRT Essential Properties Realty | 0.01% | 19,600 | $516K | Add +25.8% |
| BFS Saul Centers Inc. filed as SAUL CTRS INC | 0.01% | 13,930 | $507K | Add +72.0% |
| FCPT Four Corners Property Trust | 0.01% | 19,426 | $456K | Add +33.8% |
| PEB Pebblebrook Hotel Trust | 0.01% | 30,630 | $445K | New |
Portfolio Sells Q4 2023 → Q1 2024
| TCN Tricon Residential Inc. | Sold out | 0.00% | −0.93 |
| ARE Alexandria Real Estate Equit | Reduce -44.3% | 0.88% | −0.79 |
| RPT REALTY | Sold out | 0.00% | −0.72 |
| CUBE Cubesmart | Sold out | 0.00% | −0.58 |
| BRX Brixmor Property Group Inc. | Reduce -16.3% | 1.81% | −0.39 |
| VMRK Vivmark Residential | Reduce -16.7% | 3.43% | −0.35 |
| BNL Broadstone Net Lease Inc. | Reduce -32.9% | 0.42% | −0.30 |
| VICI Vici Properties Inc. | Reduce -6.4% | 1.86% | −0.29 |
| DOC Healthpeak Properties Inc. | Reduce -6.9% | 2.40% | −0.25 |
| HIW Highwoods Properties Inc. | Sold out | 0.00% | −0.23 |
| ADC Agree Realty Corp. | Reduce -2.8% | 2.29% | −0.22 |
| ELME Elme Communities | Reduce -76.1% | 0.07% | −0.20 |
| BXP BXP Inc. | Reduce -1.3% | 1.40% | −0.16 |
| AVB Avalonbay Communities Inc. | Reduce -15.6% | 1.12% | −0.15 |
| IRT Independence Realty Trust Inc. | Reduce -41.2% | 0.24% | −0.14 |
| AMH American Homes 4 Rent- A | Reduce -34.4% | 0.18% | −0.09 |
| HST Host Hotels & Resorts Inc. | Reduce -3.8% | 1.81% | −0.07 |
| OUT Outfront Media Inc. | Reduce -68.5% | 0.03% | −0.04 |
| CCI Crown Castle Inc. | Reduce -19.7% | 0.05% | −0.02 |
| MPT Medical Properties Trust Inc. | Reduce -0.7% | 0.54% | −0.02 |
| WY Weyerhaeuser Co. | Reduce -1.1% | 0.15% | −0.02 |
| PHYSICIANS REALTY TRUST | Sold out | 0.00% | −0.01 |
| SRC Spirit Realty Capital Inc. | Sold out | 0.00% | −0.01 |
| WPC WP Carey Inc. | Reduce -48.5% | 0.01% | −0.01 |
| IHS Ihs Holding Ltd. | Sold out | 0.00% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -1.6% | 0.01% | +0.00 |
| XHR Xenia Hotels & Resorts Inc. | Reduce -2.0% | 0.64% | +0.02 |
| OHI Omega Healthcare Investors | Reduce -0.5% | 1.25% | +0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| IRM Iron Mountain Inc. | Add +7892.6% | 1.38% | +1.36 |
| WELL Welltower Inc. | Add +19.0% | 5.86% | +1.35 |
| KIM Kimco Realty Corp. | Add +76.8% | 3.11% | +1.16 |
| CPT Camden Property Trust | Add +64.3% | 2.64% | +1.09 |
| AHR American Healthcare REIT Inc. | New | 0.73% | +0.73 |
| UDR Udr Inc. | Add +17.7% | 4.20% | +0.73 |
| LAMR Lamar Advertising Co. Class A | Add +82.8% | 0.83% | +0.43 |
| O Realty Income Corp. | Add +14.9% | 4.22% | +0.41 |
| DLR Digital Realty Trust Inc. | Add +1.4% | 4.17% | +0.31 |
| EQIX Equinix Inc. | Add +13.5% | 7.75% | +0.27 |
| INVH Invitation Homes Inc. | Add +4.7% | 3.38% | +0.26 |
| SPG Simon Property Group Inc. | Add +4.5% | 2.94% | +0.18 |
| DRH Diamondrock Hospitality Co. | Add +40.3% | 0.65% | +0.18 |
| COLD Americold Realty Trust Inc. | Add +100.3% | 0.46% | +0.15 |
| CTRE Caretrust REIT Inc. | Add +1.6% | 0.82% | +0.11 |
| NNN NNN REIT Inc. | Add +11.8% | 1.43% | +0.11 |
| DEI Douglas Emmett Inc. | Add +20.8% | 0.69% | +0.11 |
| PSA Public Storage | Add +17.2% | 3.55% | +0.10 |
| VTR Ventas Inc. | Add +11.5% | 3.99% | +0.09 |
| CUZ Cousins Properties Inc. | Add +8.9% | 1.30% | +0.07 |
| ESS Essex Property Trust Inc. | Add +29.8% | 0.27% | +0.07 |
| FRT Federal Realty Invs Trust | Add +42.2% | 0.20% | +0.07 |
| REG Regency Centers Corp. | Add +46.8% | 0.21% | +0.05 |
| UE Urban Edge Properties | Add +15.8% | 0.42% | +0.04 |
| RHP Ryman Hospitality Properties | New | 0.02% | +0.02 |
| MAA Mid-America Apartment Comm | Add +12.0% | 0.18% | +0.02 |
| HR Healthcare Realty Trust Inc. | New | 0.01% | +0.01 |
| AIRC Apartment Income REIT Co. | Add +12.3% | 0.06% | +0.01 |
| VTMX Corp. Inmobiliaria Vesta-ADR | Add +19.0% | 0.12% | +0.01 |
| ELS Equity Lifestyle Properties | Add +22.9% | 0.09% | +0.01 |
| STAG Stag Industrial Inc. | Add +24.9% | 0.05% | +0.01 |
| PEB Pebblebrook Hotel Trust | New | 0.01% | +0.01 |
| LXP LXP Industrial Trust | Add +38.5% | 0.03% | +0.00 |
| CSR Centerspace | Add +24.8% | 0.01% | +0.00 |
| DBRG Digitalbridge Group Inc. | Add +29.0% | 0.01% | +0.00 |
| BFS Saul Centers Inc. | Add +72.0% | 0.01% | +0.00 |
| CDP Copt Defense Properties | Add +20.5% | 0.01% | +0.00 |
| EPRT Essential Properties Realty | Add +25.8% | 0.01% | +0.00 |
| FCPT Four Corners Property Trust | Add +33.8% | 0.01% | +0.00 |
| TRNO Terreno Realty Corp. | Add +7.2% | 0.06% | −0.00 |
| EGP Eastgroup Properties Inc. | Add +7.6% | 0.06% | −0.00 |
| PGRE Paramount Group Inc. | Add +4.1% | 0.16% | −0.01 |
| ROIC Retail Opportunity Investmen | Add +6.5% | 1.32% | −0.05 |
| FR First Industrial Realty TR | Add +8.4% | 2.59% | −0.09 |
| SBAC SBA Communications Corp. | Add +1.9% | 0.36% | −0.11 |
| KRC Kilroy Realty Corp. | Add +1.0% | 1.01% | −0.13 |
| AMT American Tower Corp. | Add +2.5% | 1.30% | −0.24 |
| SUI Sun Communities Inc. | Add +4.7% | 2.79% | −0.31 |
| REXR Rexford Industrial Realty Inc. | Add +1.1% | 1.95% | −0.50 |
| EXR Extra Space Storage Inc. | Add +1.3% | 3.95% | −0.56 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 80 | $11.7B | WELL, EQIX, PLD, DLR, VTR |
| Q1 2026 | 79 | $9.7B | WELL, PLD, EQIX, DLR, VTR |
| Q4 2025 | 79 | $10.1B | WELL, PLD, EQIX, DLR, VTR |
| Q3 2025 | 78 | $10.0B | WELL, PLD, EQIX, DLR, VTR |
| Q2 2025 | 76 | $9.6B | WELL, EQIX, PLD, DLR, VTR |
| Q1 2025 | 75 | $9.7B | WELL, PLD, EQIX, VTR, DLR |
| Q4 2024 | 75 | $9.5B | EQIX, PLD, WELL, DLR, INVH |
| Q3 2024 | 92 | $10.7B | EQIX, PLD, WELL, DLR, EXR |
| Q2 2024 | 71 | $9.2B | PLD, EQIX, WELL, UDR, DLR |
| Q1 2024 | 72 | $8.7B | PLD, EQIX, WELL, O, UDR |