Cohen & Steers, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Cohen & Steers, Inc. reported 401 stock positions worth $52.7 billion. Its top holding was Welltower (WELL) at 9.1% of the portfolio, followed by Digital Realty Trust (DLR, 7.5%) and American Tower (AMT, 6.7%). Compared with Q3 2024, it opened 35 new positions, sold out of 38, added to 155 and reduced 115. The biggest buy was Sun Communities (SUI, shares +30%) and the biggest sale Crown Castle (CCI, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001284812
- Portfolio Value
- $52.7B (Q4 2024)
- SEC Filing
- 0001284812-25-000073 ↗ filed Feb 13, 2025
Holdings Value
Holdings 401 stocks · $52.7B
| WELL Welltower Inc. | 9.06% | 37,910,647 | $4.8B | Reduce -0.3% |
| DLR Digital Realty Trust Inc. | 7.45% | 22,167,238 | $3.9B | Reduce -9.8% |
| AMT American Tower Corp. | 6.67% | 19,176,365 | $3.5B | Add +21.8% |
| PLD Prologis Inc. | 5.68% | 28,331,750 | $3.0B | Add +3.2% |
| SPG Simon Property Group Inc. | 5.38% | 16,487,347 | $2.8B | Reduce -8.8% |
| EQIX Equinix Inc. | 4.64% | 2,597,526 | $2.4B | Reduce -4.5% |
| CCI Crown Castle Inc. | 4.34% | 25,217,301 | $2.3B | Reduce -0.8% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 3.82% | 16,373,446 | $2.0B | Add +30.3% |
| INVH Invitation Homes Inc. | 3.74% | 61,645,138 | $2.0B | Add +1.7% |
| PSA Public Storage | 3.08% | 5,433,001 | $1.6B | Add +12.3% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 2.97% | 14,907,846 | $1.6B | Reduce -15.9% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 2.65% | 47,831,205 | $1.4B | Reduce -4.5% |
| EXR Extra Space Storage Inc. | 2.62% | 9,246,133 | $1.4B | Add +5.9% |
| UDR Udr Inc. | 2.52% | 30,589,275 | $1.3B | Add +0.1% |
| WY Weyerhaeuser Co. | 2.08% | 38,928,176 | $1.1B | Add +57.5% |
| ESS Essex Property Trust Inc. | 2.06% | 3,809,325 | $1.1B | Reduce -3.1% |
| HR Healthcare Realty Trust Inc. | 2.02% | 62,865,392 | $1.1B | Reduce -1.0% |
| OHI Omega Healthcare Investors | 1.88% | 26,222,898 | $992.5M | Add +50.8% |
| HST Host Hotels & Resorts Inc. | 1.66% | 50,002,916 | $876.1M | Add +8.5% |
| KIM Kimco Realty Corp. | 1.50% | 33,701,948 | $789.6M | Reduce -13.2% |
| O Realty Income Corp. | 1.38% | 13,664,754 | $729.8M | Reduce -30.1% |
| AVB Avalonbay Communities Inc. | 1.31% | 3,130,108 | $688.5M | Add +25.7% |
| ADC Agree Realty Corp. | 1.30% | 9,767,632 | $688.1M | Add +43.0% |
| COLD Americold Realty Trust Inc. | 1.17% | 28,837,300 | $617.1M | Add +16.3% |
| CZR Caesars Entertainment Inc. | 0.92% | 14,581,882 | $487.3M | Add +14.8% |
| EGP Eastgroup Properties Inc. | 0.87% | 2,855,920 | $458.3M | Add +141.6% |
| AKR Acadia Realty Trust | 0.85% | 18,490,308 | $446.7M | Reduce -2.1% |
| ELS Equity Lifestyle Properties | 0.84% | 6,679,991 | $444.9M | Reduce -11.0% |
| HIW Highwoods Properties Inc. | 0.78% | 13,469,614 | $411.8M | Reduce -13.9% |
| SBAC SBA Communications Corp. | 0.73% | 1,883,065 | $383.8M | Add +29.8% |
| BYD Boyd Gaming Corp. | 0.72% | 5,265,454 | $381.9M | Add +0.4% |
| NEE Nextera Energy Inc. | 0.72% | 5,262,515 | $377.3M | Add +1.0% |
| LAMR Lamar Advertising Co. Class A | 0.61% | 2,660,664 | $323.9M | Add +453.6% |
| RYN Rayonier Inc. | 0.58% | 11,767,565 | $307.1M | Reduce -2.2% |
| NI Nisource Inc. | 0.57% | 8,183,306 | $300.8M | Reduce -8.1% |
| AMH American Homes 4 Rent- A | 0.56% | 7,835,213 | $293.1M | Reduce -9.9% |
| DUK Duke Energy Corp. | 0.52% | 2,534,730 | $273.1M | Reduce -16.9% |
| PPL PPL Corp. | 0.43% | 6,987,399 | $226.8M | Add +2.8% |
| UNP Union Pacific Corp. | 0.43% | 983,288 | $224.2M | Add +16.6% |
| WMB Williams Cos Inc. | 0.41% | 3,988,025 | $215.8M | Reduce -5.3% |
| PEG Public Service Enterprise GP | 0.41% | 2,540,692 | $214.7M | Reduce -11.8% |
| CSX CSX Corp. | 0.38% | 6,274,308 | $202.5M | Add +1.9% |
| PCG P G & E Corp. | 0.36% | 9,395,173 | $189.6M | Add +5.5% |
| EPRT Essential Properties Realty | 0.35% | 5,898,312 | $184.5M | Reduce -14.1% |
| KRG Kite Realty Group Trust | 0.32% | 6,620,548 | $167.1M | Reduce -2.3% |
| EIX Edison International | 0.29% | 1,889,863 | $150.9M | Reduce -9.8% |
| TRGP Targa Resources Corp. | 0.28% | 817,462 | $145.9M | Reduce -4.2% |
| D Dominion Energy Inc. | 0.26% | 2,554,791 | $137.6M | Reduce -1.8% |
| LNT Alliant Energy Corp. | 0.26% | 2,306,115 | $136.4M | Add +0.1% |
| PACS Pacs Group Inc. | 0.24% | 9,721,887 | $127.4M | Add +1.5% |
| AEP American Electric Power | 0.23% | 1,318,499 | $121.6M | New |
| LINE Lineage Inc. | 0.21% | 1,914,046 | $112.1M | Reduce -33.8% |
| EXC Exelon Corp. | 0.21% | 2,889,170 | $108.7M | Reduce -20.8% |
| NTST Netstreit Corp. | 0.18% | 6,663,409 | $94.3M | Add +3.0% |
| OUT Outfront Media Inc. | 0.18% | 5,243,211 | $93.0M | Add +87.8% |
| LNG Cheniere Energy Inc. | 0.18% | 431,729 | $92.8M | Reduce -46.3% |
| SO The Southern Co. | 0.17% | 1,116,096 | $91.9M | Reduce -29.0% |
| AEE Ameren Corporation | 0.16% | 933,568 | $83.2M | Reduce -2.7% |
| EVRG Evergy Inc. | 0.16% | 1,329,399 | $81.8M | Reduce -45.2% |
| ETR Entergy Corp. | 0.14% | 988,288 | $74.9M | New |
| CNP Centerpoint Energy Inc. | 0.13% | 2,206,107 | $70.0M | Add +23.6% |
| GLDM SPDR Gold Minishares Trust | 0.13% | 1,277,264 | $66.4M | Reduce -1.6% |
| ET Energy Transfer LP | 0.11% | 3,060,340 | $60.0M | Add +2.7% |
| PGX Invesco Preferred ETF | 0.11% | 4,995,724 | $57.6M | Add +2643140.2% |
| WTRG Essential Utilities Inc. | 0.10% | 1,441,490 | $52.4M | New |
| GFL GFL Environmental Inc.-Sub VT | 0.10% | 1,156,375 | $51.5M | New |
| SRE Sempra | 0.09% | 569,862 | $50.0M | Reduce -1.4% |
| NSC Norfolk Southern Corp. | 0.09% | 204,941 | $48.1M | Reduce -55.6% |
| XEL Xcel Energy Inc. | 0.09% | 685,700 | $46.3M | New |
| CURB Curbline Properties Corp. | 0.09% | 1,979,794 | $46.0M | Add +34.9% |
| CPT Camden Property Trust | 0.09% | 388,720 | $45.1M | Reduce -84.8% |
| OGE Oge Energy Corp. | 0.08% | 1,057,410 | $43.6M | New |
| KNTK Kinetik Holdings Inc. | 0.08% | 758,449 | $43.0M | Reduce -1.4% |
| TXNM TXNM Energy Inc. | 0.06% | 652,276 | $32.1M | Add +106133.9% |
| MPLX MPLX LP | 0.06% | 657,538 | $31.5M | Add +3.6% |
| PDX PIMCO Dynamic Income Strat | 0.06% | 1,166,776 | $30.5M | Add +5.4% |
| PAA Plains All Amer Pipeline LP | 0.05% | 1,561,945 | $26.7M | Add +1.3% |
| VNQ Vanguard Real Estate ETF | 0.05% | 298,535 | $26.6M | Add +1630.3% |
| OKE Oneok Inc. | 0.05% | 254,173 | $25.5M | Reduce -19.7% |
| ED Consolidated Edison Inc. | 0.05% | 283,928 | $25.3M | Reduce -2.5% |
| KMI Kinder Morgan Inc. | 0.05% | 909,606 | $24.9M | Add +84.4% |
| ADX Adams Diversified Equity | 0.05% | 1,231,635 | $24.9M | Add +12.8% |
| PDI PIMCO Dynamic Income Fund | 0.05% | 1,313,573 | $24.1M | Add +1.4% |
| CTVA Corteva Inc. | 0.04% | 328,806 | $18.7M | Reduce -5.8% |
| AGCO Agco Corp. | 0.04% | 198,660 | $18.6M | Add +50.0% |
| PDO PIMCO Dynamic Income Opport | 0.04% | 1,363,662 | $18.5M | Add +0.7% |
| BG Bunge Global SA | 0.03% | 233,400 | $18.1M | Add +195.4% |
| IAU iShares Gold Trust | 0.03% | 359,347 | $17.8M | Add +8.2% |
| XOM Exxon Mobil Corp. | 0.03% | 160,874 | $17.3M | Add +15.4% |
| COP Conocophillips | 0.03% | 166,882 | $16.6M | Add +27.5% |
| SPSB SS SPDR P St C Corp. ETF | 0.03% | 532,822 | $15.9M | Reduce -6.8% |
| HES Hess Corp. | 0.03% | 116,368 | $15.5M | Add +38.6% |
| BCAT BlackRock Capital Alloc TR | 0.03% | 943,751 | $14.3M | Add +30.0% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.03% | 161,825 | $13.8M | Add +53.9% |
| PAXS PIMCO Access Income Fund | 0.03% | 891,818 | $13.6M | Reduce -0.3% |
| CVX Chevron Corp. | 0.02% | 88,574 | $12.8M | Add +22.0% |
| CEF Sprott Physical Gold and Sil | 0.02% | 510,497 | $12.1M | No change |
| DKL Delek Logistics Partners LP | 0.02% | 279,335 | $11.8M | New |
| GUG Guggenheim Active Allocation | 0.02% | 786,149 | $11.7M | Reduce -16.7% |
| ECAT BlackRock ESG Cap All TRM TR | 0.02% | 704,015 | $11.5M | Add +11.4% |
Other holdings (8): bonds, preferreds, convertibles and warrants · $52.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 16,849 | $20.1M | Add +3.1% |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 231,649 | $11.3M | Reduce -0.9% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 274,424 | $6.7M | Reduce -0.7% |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | 100,255 | $6.1M | Reduce -1.8% |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 256,355 | $5.3M | Add +1249.2% |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 57,085 | $1.6M | No change |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | 193,606 | $697K | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 200 | $244K | No change |
Total filed on the 13F, all lines: $52.8B.
Portfolio Sells Q3 2024 → Q4 2024
| CCI Crown Castle Inc. | Reduce -0.8% | 4.34% | −1.03 |
| O Realty Income Corp. | Reduce -30.1% | 1.38% | −0.82 |
| IRM Iron Mountain Inc. | Reduce -15.9% | 2.97% | −0.78 |
| CPT Camden Property Trust | Reduce -84.8% | 0.09% | −0.48 |
| VICI Vici Properties Inc. | Reduce -4.5% | 2.65% | −0.32 |
| ATO Atmos Energy Corp. | Reduce -100.0% | 0.00% | −0.27 |
| ES Eversource Energy | Reduce -95.5% | 0.01% | −0.21 |
| LINE Lineage Inc. | Reduce -33.8% | 0.21% | −0.19 |
| REXR Rexford Industrial Realty Inc. | Reduce -95.3% | 0.01% | −0.16 |
| HIW Highwoods Properties Inc. | Reduce -13.9% | 0.78% | −0.15 |
| NSC Norfolk Southern Corp. | Reduce -55.6% | 0.09% | −0.11 |
| EVRG Evergy Inc. | Reduce -45.2% | 0.16% | −0.11 |
| ELS Equity Lifestyle Properties | Reduce -11.0% | 0.84% | −0.11 |
| KIM Kimco Realty Corp. | Reduce -13.2% | 1.50% | −0.11 |
| DUK Duke Energy Corp. | Reduce -16.9% | 0.52% | −0.11 |
| RYN Rayonier Inc. | Reduce -2.2% | 0.58% | −0.11 |
| LNG Cheniere Energy Inc. | Reduce -46.3% | 0.18% | −0.08 |
| SITC Site Centers Corp. | Sold out | 0.00% | −0.08 |
| SO The Southern Co. | Reduce -29.0% | 0.17% | −0.08 |
| EPRT Essential Properties Realty | Reduce -14.1% | 0.35% | −0.07 |
| SPG Simon Property Group Inc. | Reduce -8.8% | 5.38% | −0.06 |
| EXC Exelon Corp. | Reduce -20.8% | 0.21% | −0.06 |
| PEG Public Service Enterprise GP | Reduce -11.8% | 0.41% | −0.05 |
| AMH American Homes 4 Rent- A | Reduce -9.9% | 0.56% | −0.04 |
| EIX Edison International | Reduce -9.8% | 0.29% | −0.04 |
| HR Healthcare Realty Trust Inc. | Reduce -1.0% | 2.02% | −0.03 |
| MAA Mid-America Apartment Comm | Reduce -99.8% | 0.00% | −0.02 |
| HESM Hess Midstream LP Class A | Reduce -99.7% | 0.00% | −0.02 |
| TSN Tyson Foods Inc. Class A | Sold out | 0.00% | −0.02 |
| NEM Newmont Corp. | Reduce -36.0% | 0.01% | −0.02 |
| MOS The Mosaic Co. | Reduce -44.8% | 0.01% | −0.01 |
| DOC Healthpeak Properties Inc. | Reduce -63.9% | 0.00% | −0.01 |
| GAB Gabelli Equity Trust | Reduce -65.0% | 0.00% | −0.01 |
| HRL Hormel Foods Corp. | Sold out | 0.00% | −0.01 |
| IE Ivanhoe Electric Inc. / US | Sold out | 0.00% | −0.01 |
| D Dominion Energy Inc. | Reduce -1.8% | 0.26% | −0.01 |
| AR Antero Resources Corp. | Sold out | 0.00% | −0.01 |
| ESS Essex Property Trust Inc. | Reduce -3.1% | 2.06% | −0.01 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.01 |
| ED Consolidated Edison Inc. | Reduce -2.5% | 0.05% | −0.01 |
| DAR Darling Ingredients Inc. | Sold out | 0.00% | −0.01 |
| FCX Freeport-McMoran Inc. | Reduce -6.2% | 0.02% | −0.01 |
| STAG Stag Industrial Inc. | Sold out | 0.00% | −0.01 |
| GUG Guggenheim Active Allocation | Reduce -16.7% | 0.02% | −0.01 |
| VMRK Vivmark Residential | Reduce -99.2% | 0.00% | −0.01 |
| DTM DT Midstream Inc. | Reduce -69.9% | 0.00% | −0.01 |
| XAODX Abrdn Total Dynamic Dividend | Sold out | 0.00% | −0.01 |
| RSPD Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.01 |
| FMC FMC Corp. | Sold out | 0.00% | −0.00 |
| JPC Nuveen Prefered & Income Opp | Reduce -27.1% | 0.01% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| SUI Sun Communities Inc. | Add +30.3% | 3.82% | +0.79 |
| OHI Omega Healthcare Investors | Add +50.8% | 1.88% | +0.62 |
| WY Weyerhaeuser Co. | Add +57.5% | 2.08% | +0.59 |
| LAMR Lamar Advertising Co. Class A | Add +453.6% | 0.61% | +0.50 |
| EGP Eastgroup Properties Inc. | Add +141.6% | 0.87% | +0.48 |
| ADC Agree Realty Corp. | Add +43.0% | 1.30% | +0.39 |
| AVB Avalonbay Communities Inc. | Add +25.7% | 1.31% | +0.31 |
| AEP American Electric Power | New | 0.23% | +0.23 |
| HST Host Hotels & Resorts Inc. | Add +8.5% | 1.66% | +0.22 |
| AMT American Tower Corp. | Add +21.8% | 6.67% | +0.15 |
| ETR Entergy Corp. | New | 0.14% | +0.14 |
| BYD Boyd Gaming Corp. | Add +0.4% | 0.72% | +0.12 |
| PGX Invesco Preferred ETF | Add +2643140.2% | 0.11% | +0.11 |
| SBAC SBA Communications Corp. | Add +29.8% | 0.73% | +0.11 |
| WTRG Essential Utilities Inc. | New | 0.10% | +0.10 |
| GFL GFL Environmental Inc.-Sub VT | New | 0.10% | +0.10 |
| XEL Xcel Energy Inc. | New | 0.09% | +0.09 |
| OUT Outfront Media Inc. | Add +87.8% | 0.18% | +0.08 |
| OGE Oge Energy Corp. | New | 0.08% | +0.08 |
| TXNM TXNM Energy Inc. | Add +106133.9% | 0.06% | +0.06 |
| UNP Union Pacific Corp. | Add +16.6% | 0.43% | +0.05 |
| UDR Udr Inc. | Add +0.1% | 2.52% | +0.05 |
| VNQ Vanguard Real Estate ETF | Add +1630.3% | 0.05% | +0.05 |
| PCG P G & E Corp. | Add +5.5% | 0.36% | +0.05 |
| CNP Centerpoint Energy Inc. | Add +23.6% | 0.13% | +0.04 |
| PPL PPL Corp. | Add +2.8% | 0.43% | +0.03 |
| ET Energy Transfer LP | Add +2.7% | 0.11% | +0.03 |
| KMI Kinder Morgan Inc. | Add +84.4% | 0.05% | +0.03 |
| CURB Curbline Properties Corp. | Add +34.9% | 0.09% | +0.03 |
| DKL Delek Logistics Partners LP | New | 0.02% | +0.02 |
| BG Bunge Global SA | Add +195.4% | 0.03% | +0.02 |
| PFF iShares Preferred & Income S | Add +1468.7% | 0.02% | +0.02 |
| PGRE Paramount Group Inc. | New | 0.02% | +0.02 |
| EXE Expand Energy Corp. | New | 0.02% | +0.02 |
| AGCO Agco Corp. | Add +50.0% | 0.04% | +0.01 |
| PDX PIMCO Dynamic Income Strat | Add +5.4% | 0.06% | +0.01 |
| MTZ Mastec Inc. | New | 0.01% | +0.01 |
| WPM Wheaton Precious Metals Corp. | New | 0.01% | +0.01 |
| CF CF Industries Holdings Inc. | Add +53.9% | 0.03% | +0.01 |
| AEM Agnico Eagle Mines Ltd. | New | 0.01% | +0.01 |
| LNT Alliant Energy Corp. | Add +0.1% | 0.26% | +0.01 |
| MPLX MPLX LP | Add +3.6% | 0.06% | +0.01 |
| HES Hess Corp. | Add +38.6% | 0.03% | +0.01 |
| NPWR Net Power Inc. | Add +0.7% | 0.02% | +0.01 |
| COP Conocophillips | Add +27.5% | 0.03% | +0.01 |
| XLY SS Consumer Disc Select Sect | New | 0.01% | +0.01 |
| NPFD Nuveen Var RT Pref & Inc. | Add +1950.0% | 0.01% | +0.01 |
| CENX Century Aluminum Company | New | 0.01% | +0.01 |
| BCAT BlackRock Capital Alloc TR | Add +30.0% | 0.03% | +0.01 |
| CSX CSX Corp. | Add +1.9% | 0.38% | +0.01 |
Notes & Other Activity Q3 2024 → Q4 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +3.1% | 16,849 | $20.1M |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | Reduce -0.9% | 231,649 | $11.3M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -0.7% | 274,424 | $6.7M |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | Reduce -1.8% | 100,255 | $6.1M |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | Add +1249.2% | 256,355 | $5.3M |
| WESTERN ASSET GLOBAL HIGH-RT | RIGHT 10/08/2024 | Sold out | 412,920 | $5Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 432 | $63.2B | WELL, DLR, PLD, CCI, EQIX |
| Q1 2026 | 432 | $57.5B | WELL, DLR, CCI, PLD, EQIX |
| Q4 2025 | 439 | $55.3B | WELL, DLR, CCI, PLD, AMT |
| Q3 2025 | 435 | $55.4B | WELL, DLR, CCI, PLD, AMT |
| Q2 2025 | 433 | $54.5B | WELL, DLR, CCI, AMT, PLD |
| Q1 2025 | 433 | $54.1B | WELL, AMT, DLR, CCI, PLD |
| Q4 2024 | 401 | $52.7B | WELL, DLR, AMT, PLD, SPG |
| Q3 2024 | 403 | $56.2B | WELL, DLR, AMT, PLD, SPG |
| Q2 2024 | 436 | $47.7B | WELL, PLD, DLR, AMT, SPG |
| Q1 2024 | 378 | $47.7B | PLD, WELL, AMT, SPG, DLR |