GRS Advisors, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), GRS Advisors, LLC reported 27 stock positions worth $1.1 billion. Its top holding was SBA Communications (SBAC) at 8.0% of the portfolio, followed by Marriott International Class A (MAR, 6.3%) and Rexford Industrial Realty (REXR, 5.6%). Compared with Q2 2024, it opened 11 new positions, sold out of 10, added to 3 and reduced 13. The biggest buy was a new position in SBA Communications (SBAC) and the biggest sale an exit from Vici Properties (VICI).
- Most Recent 13F
- Q2 2026
- Location
- Chicago, IL
- CIK
- 0001544554
- Portfolio Value
- $1.1B (Q3 2024)
- SEC Filing
- 0001172661-24-004717 ↗ filed Nov 14, 2024
Holdings Value
Holdings 27 stocks · $1.1B
| SBAC SBA Communications Corp. | 8.04% | 352,716 | $84.9M | New |
| MAR Marriott International Class A | 6.29% | 267,460 | $66.5M | New |
| REXR Rexford Industrial Realty Inc. | 5.56% | 1,167,620 | $58.7M | New |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 5.51% | 430,996 | $58.2M | Add +2116.5% |
| RYN Rayonier Inc. | 5.47% | 1,795,822 | $57.8M | New |
| O Realty Income Corp. | 5.43% | 904,267 | $57.3M | New |
| EQIX Equinix Inc. | 5.30% | 63,124 | $56.0M | Add +67.6% |
| PEB Pebblebrook Hotel Trust | 4.98% | 3,977,838 | $52.6M | New |
| COLD Americold Realty Trust Inc. | 4.75% | 1,773,523 | $50.1M | Reduce -29.4% |
| CTRE Caretrust REIT Inc. | 4.67% | 1,599,922 | $49.4M | Add +17.9% |
| WH Wyndham Hotels & Resorts Inc. | 4.46% | 602,350 | $47.1M | Reduce -16.4% |
| AHR American Healthcare REIT Inc. | 4.24% | 1,715,289 | $44.8M | New |
| AMH American Homes 4 Rent- A | 3.91% | 1,075,807 | $41.3M | Reduce -32.4% |
| DBRG Digitalbridge Group Inc. | 3.79% | 2,836,493 | $40.1M | Reduce -0.4% |
| AMT American Tower Corp. | 3.40% | 154,641 | $36.0M | Reduce -31.4% |
| SKT Tanger Inc. | 3.37% | 1,074,145 | $35.6M | Reduce -35.8% |
| HIW Highwoods Properties Inc. | 3.32% | 1,046,985 | $35.1M | Reduce -25.7% |
| OHI Omega Healthcare Investors | 3.26% | 845,717 | $34.4M | New |
| DLR Digital Realty Trust Inc. | 3.10% | 202,324 | $32.7M | Reduce -46.8% |
| KRC Kilroy Realty Corp. | 2.94% | 801,615 | $31.0M | New |
| RLJ RLJ Lodging Trust | 2.61% | 2,998,080 | $27.5M | Reduce -15.5% |
| AVB Avalonbay Communities Inc. | 2.00% | 93,634 | $21.1M | Reduce -50.6% |
| MTH Meritage Homes Corp. | 1.95% | 100,343 | $20.6M | New |
| LINE Lineage Inc. | 0.77% | 104,267 | $8.2M | New |
| VTR Ventas Inc. | 0.41% | 67,034 | $4.3M | Reduce -88.5% |
| EPRT Essential Properties Realty | 0.24% | 73,862 | $2.5M | Reduce -88.8% |
| WELL Welltower Inc. | 0.24% | 19,527 | $2.5M | Reduce -94.1% |
Portfolio Sells Q2 2024 → Q3 2024
| VICI Vici Properties Inc. | Sold out | 0.00% | −5.97 |
| ADC Agree Realty Corp. | Sold out | 0.00% | −4.35 |
| WELL Welltower Inc. | Reduce -94.1% | 0.24% | −3.72 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −3.60 |
| DLR Digital Realty Trust Inc. | Reduce -46.8% | 3.10% | −3.57 |
| REG Regency Centers Corp. | Sold out | 0.00% | −3.42 |
| DOC Healthpeak Properties Inc. | Sold out | 0.00% | −3.29 |
| STAG Stag Industrial Inc. | Sold out | 0.00% | −3.12 |
| VTR Ventas Inc. | Reduce -88.5% | 0.41% | −3.04 |
| AMH American Homes 4 Rent- A | Reduce -32.4% | 3.91% | −2.91 |
| COLD Americold Realty Trust Inc. | Reduce -29.4% | 4.75% | −2.65 |
| AVB Avalonbay Communities Inc. | Reduce -50.6% | 2.00% | −2.52 |
| WFG West Fraser Timber Co. Ltd. | Sold out | 0.00% | −2.33 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −1.97 |
| EPRT Essential Properties Realty | Reduce -88.8% | 0.24% | −1.88 |
| SKT Tanger Inc. | Reduce -35.8% | 3.37% | −1.86 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -16.4% | 4.46% | −1.69 |
| AMT American Tower Corp. | Reduce -31.4% | 3.40% | −1.65 |
| RLJ RLJ Lodging Trust | Reduce -15.5% | 2.61% | −1.33 |
| HIW Highwoods Properties Inc. | Reduce -25.7% | 3.32% | −0.95 |
| DBRG Digitalbridge Group Inc. | Reduce -0.4% | 3.79% | −0.71 |
| AGNC AGNC Investment Corp. | Sold out | 0.00% | −0.26 |
| EGP Eastgroup Properties Inc. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q2 2024 → Q3 2024
| SBAC SBA Communications Corp. | New | 8.04% | +8.04 |
| MAR Marriott International Class A | New | 6.29% | +6.29 |
| REXR Rexford Industrial Realty Inc. | New | 5.56% | +5.56 |
| RYN Rayonier Inc. | New | 5.47% | +5.47 |
| O Realty Income Corp. | New | 5.43% | +5.43 |
| SUI Sun Communities Inc. | Add +2116.5% | 5.51% | +5.24 |
| PEB Pebblebrook Hotel Trust | New | 4.98% | +4.98 |
| AHR American Healthcare REIT Inc. | New | 4.24% | +4.24 |
| OHI Omega Healthcare Investors | New | 3.26% | +3.26 |
| KRC Kilroy Realty Corp. | New | 2.94% | +2.94 |
| EQIX Equinix Inc. | Add +67.6% | 5.30% | +2.02 |
| MTH Meritage Homes Corp. | New | 1.95% | +1.95 |
| LINE Lineage Inc. | New | 0.77% | +0.77 |
| CTRE Caretrust REIT Inc. | Add +17.9% | 4.67% | +0.74 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $1.2B | CTRE, AMT, CBRE, AHR, CURB |
| Q1 2026 | 32 | $1.0B | PLD, FRT, WH, VTR, CDP |
| Q4 2025 | 33 | $1.1B | EQIX, OUT, WH, RHP, CCI |
| Q3 2025 | 31 | $1.1B | CCI, MTN, FRT, HIW, EQIX |
| Q2 2025 | 27 | $1.0B | H, MTN, VMRK, AHR, EQIX |
| Q1 2025 | 32 | $961.1M | WELL, CURB, DLR, ADC, OUT |
| Q4 2024 | 30 | $1.0B | SBAC, MAR, O, CUZ, CURB |
| Q3 2024 | 27 | $1.1B | SBAC, MAR, REXR, SUI, RYN |
| Q2 2024 | 26 | $867.1M | COLD, AMH, DLR, WH, VICI |
| Q1 2024 | 30 | $745.0M | HIW, WFG, COLD, SBAC, SKT |