GRS Advisors, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), GRS Advisors, LLC reported 32 stock positions worth $1.0 billion. Its top holding was Prologis (PLD) at 8.1% of the portfolio, followed by Federal Realty Invs Trust (FRT, 7.2%) and Wyndham Hotels & Resorts (WH, 6.1%). Compared with Q4 2025, it opened 8 new positions, sold out of 9, added to 6 and reduced 16. The biggest buy was a new position in Prologis (PLD) and the biggest sale Ryman Hospitality Properties (RHP, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- Chicago, IL
- CIK
- 0001544554
- Portfolio Value
- $1.0B (Q1 2026)
- SEC Filing
- 0001172661-26-002055 ↗ filed May 15, 2026
Holdings Value
Holdings 32 stocks · $1.0B
| PLD Prologis Inc. | 8.12% | 621,204 | $82.1M | New |
| FRT Federal Realty Invs Trust | 7.21% | 686,774 | $72.9M | Add +99.1% |
| WH Wyndham Hotels & Resorts Inc. | 6.05% | 753,625 | $61.2M | Reduce -16.8% |
| VTR Ventas Inc. | 5.05% | 624,771 | $51.1M | Add +1575.6% |
| CDP Copt Defense Properties | 4.99% | 1,650,055 | $50.5M | Add +58.3% |
| BNL Broadstone Net Lease Inc. | 4.81% | 2,663,028 | $48.7M | New |
| CTRE Caretrust REIT Inc. | 4.76% | 1,314,081 | $48.2M | Reduce -20.8% |
| AHR American Healthcare REIT Inc. | 4.76% | 1,021,022 | $48.2M | Reduce -12.3% |
| EQIX Equinix Inc. | 4.33% | 44,677 | $43.8M | Reduce -57.5% |
| NTST Netstreit Corp. | 4.18% | 2,244,307 | $42.3M | New |
| CURB Curbline Properties Corp. | 4.18% | 1,638,232 | $42.3M | Add +2.4% |
| CUZ Cousins Properties Inc. | 3.94% | 1,764,460 | $39.8M | New |
| BXMT Blackstone Mortgage Tru Class A | 3.76% | 1,985,984 | $38.0M | New |
| CBRE CBRE Group Inc. Class A | 3.56% | 265,867 | $36.0M | Add +3527.6% |
| REG Regency Centers Corp. | 3.55% | 475,344 | $36.0M | Reduce -31.5% |
| H Hyatt Hotels Corp. Class A | 3.45% | 242,944 | $34.9M | New |
| SBAC SBA Communications Corp. | 3.39% | 199,427 | $34.3M | Reduce -24.5% |
| OUT Outfront Media Inc. | 3.38% | 1,290,414 | $34.2M | Reduce -60.7% |
| PRSU Pursuit Attractions and Hosp | 3.30% | 910,258 | $33.3M | Reduce -15.7% |
| LINE Lineage Inc. | 3.13% | 966,233 | $31.7M | Reduce -36.2% |
| WELL Welltower Inc. | 2.85% | 145,581 | $28.8M | Reduce -0.1% |
| UDR Udr Inc. | 2.72% | 815,632 | $27.6M | Reduce -9.0% |
| SKT Tanger Inc. | 2.32% | 690,491 | $23.5M | Reduce -0.6% |
| JAN Janus Living Inc. Class-A-1 | 0.49% | 212,217 | $5.0M | New |
| CCI Crown Castle Inc. | 0.38% | 46,938 | $3.8M | Reduce -93.2% |
| CUBE Cubesmart | 0.36% | 99,210 | $3.6M | Add +76.7% |
| RHP Ryman Hospitality Properties | 0.23% | 24,851 | $2.3M | Reduce -96.5% |
| INVH Invitation Homes Inc. | 0.21% | 84,578 | $2.1M | No change |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.19% | 19,231 | $2.0M | New |
| MTN Vail Resorts Inc. | 0.19% | 14,977 | $1.9M | No change |
| MTH Meritage Homes Corp. | 0.14% | 22,504 | $1.4M | Reduce -95.6% |
| RKT Rocket Cos Inc. Class A | 0.04% | 25,034 | $357K | Reduce -98.0% |
Portfolio Sells Q4 2025 → Q1 2026
| RHP Ryman Hospitality Properties | Reduce -96.5% | 0.23% | −5.88 |
| CCI Crown Castle Inc. | Reduce -93.2% | 0.38% | −5.15 |
| OUT Outfront Media Inc. | Reduce -60.7% | 3.38% | −3.73 |
| DBRG Digitalbridge Group Inc. | Sold out | 0.00% | −3.54 |
| CPT Camden Property Trust | Sold out | 0.00% | −3.41 |
| MAC The Macerich Co. | Sold out | 0.00% | −2.98 |
| MTH Meritage Homes Corp. | Reduce -95.6% | 0.14% | −2.90 |
| EQIX Equinix Inc. | Reduce -57.5% | 4.33% | −2.89 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −2.83 |
| VNO Vornado Realty Trust | Sold out | 0.00% | −2.53 |
| HIW Highwoods Properties Inc. | Sold out | 0.00% | −2.27 |
| RKT Rocket Cos Inc. Class A | Reduce -98.0% | 0.04% | −2.08 |
| LINE Lineage Inc. | Reduce -36.2% | 3.13% | −1.63 |
| SBAC SBA Communications Corp. | Reduce -24.5% | 3.39% | −1.19 |
| REG Regency Centers Corp. | Reduce -31.5% | 3.55% | −0.74 |
| CTRE Caretrust REIT Inc. | Reduce -20.8% | 4.76% | −0.62 |
| UDR Udr Inc. | Reduce -9.0% | 2.72% | −0.23 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.22 |
| GLPI Gaming and Leisure Propertie | Sold out | 0.00% | −0.19 |
| AHR American Healthcare REIT Inc. | Reduce -12.3% | 4.76% | −0.16 |
| JLL Jones Lang Lasalle Inc. | Sold out | 0.00% | −0.12 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -16.8% | 6.05% | −0.09 |
| PRSU Pursuit Attractions and Hosp | Reduce -15.7% | 3.30% | +0.03 |
| SKT Tanger Inc. | Reduce -0.6% | 2.32% | +0.24 |
| WELL Welltower Inc. | Reduce -0.1% | 2.85% | +0.42 |
Portfolio Buys Q4 2025 → Q1 2026
| PLD Prologis Inc. | New | 8.12% | +8.12 |
| BNL Broadstone Net Lease Inc. | New | 4.81% | +4.81 |
| VTR Ventas Inc. | Add +1575.6% | 5.05% | +4.79 |
| NTST Netstreit Corp. | New | 4.18% | +4.18 |
| FRT Federal Realty Invs Trust | Add +99.1% | 7.21% | +4.09 |
| CUZ Cousins Properties Inc. | New | 3.94% | +3.94 |
| BXMT Blackstone Mortgage Tru Class A | New | 3.76% | +3.76 |
| CBRE CBRE Group Inc. Class A | Add +3527.6% | 3.56% | +3.45 |
| H Hyatt Hotels Corp. Class A | New | 3.45% | +3.45 |
| CDP Copt Defense Properties | Add +58.3% | 4.99% | +2.39 |
| CURB Curbline Properties Corp. | Add +2.4% | 4.18% | +0.84 |
| JAN Janus Living Inc. Class-A-1 | New | 0.49% | +0.49 |
| IRM Iron Mountain Inc. | New | 0.19% | +0.19 |
| CUBE Cubesmart | Add +76.7% | 0.36% | +0.18 |
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 |