Heitman Real Estate Securities LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Heitman Real Estate Securities LLC reported 56 stock positions worth $1.6 billion. Its top holding was Welltower (WELL) at 13.3% of the portfolio, followed by Prologis (PLD, 8.3%) and Equinix (EQIX, 6.5%). Compared with Q1 2026, it opened 6 new positions, sold out of 6, added to 16 and reduced 29. The biggest buy was a new position in American Homes 4 Rent- A (AMH) and the biggest sale Realty Income (O, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- Chicago, IL
- CIK
- 0001080117
- Portfolio Value
- $1.6B (Q2 2026)
- SEC Filing
- 0001140361-26-033050 ↗ filed Aug 14, 2026
Holdings Value
Holdings 56 stocks · $1.6B
| WELL Welltower Inc. | 13.34% | 915,721 | $207.8M | Add +12.3% |
| PLD Prologis Inc. | 8.34% | 958,865 | $129.9M | Reduce -2.4% |
| EQIX Equinix Inc. | 6.45% | 96,464 | $100.6M | Reduce -29.9% |
| DLR Digital Realty Trust Inc. | 5.66% | 490,713 | $88.1M | Add +74.0% |
| SPG Simon Property Group Inc. | 4.06% | 282,610 | $63.2M | Reduce -14.3% |
| ESS Essex Property Trust Inc. | 4.00% | 213,726 | $62.3M | Add +53.5% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 3.17% | 727,588 | $49.4M | Reduce -17.5% |
| EXR Extra Space Storage Inc. | 3.09% | 331,685 | $48.2M | Add +3.9% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 2.90% | 357,721 | $45.2M | Add +37.8% |
| ADC Agree Realty Corp. | 2.81% | 578,024 | $43.8M | Add +260.3% |
| AMH American Homes 4 Rent- A | 2.63% | 1,221,487 | $40.9M | New |
| JAN Janus Living Inc. Class-A-1 | 2.49% | 1,351,182 | $38.8M | Add +116.6% |
| CURB Curbline Properties Corp. | 2.36% | 1,208,438 | $36.7M | Add +82.7% |
| FR First Industrial Realty TR | 2.31% | 587,845 | $36.0M | Reduce -0.9% |
| AKR Acadia Realty Trust | 2.18% | 1,622,268 | $33.9M | Add +23.4% |
| PSA Public Storage | 2.13% | 104,283 | $33.2M | Add +0.1% |
| VTR Ventas Inc. | 2.09% | 366,864 | $32.6M | Reduce -49.1% |
| BXP BXP Inc. | 1.92% | 450,675 | $29.9M | Add +5989.4% |
| DRH Diamondrock Hospitality Co. | 1.91% | 2,441,779 | $29.7M | Reduce -8.7% |
| O Realty Income Corp. | 1.72% | 433,347 | $26.9M | Reduce -63.6% |
| MAC The Macerich Co. | 1.62% | 1,000,523 | $25.2M | Reduce -11.8% |
| NTST Netstreit Corp. | 1.60% | 1,179,882 | $24.9M | Reduce -31.0% |
| CUZ Cousins Properties Inc. | 1.56% | 808,656 | $24.2M | Reduce -18.1% |
| STAG Stag Industrial Inc. | 1.47% | 603,181 | $23.0M | Reduce -12.0% |
| CUBE Cubesmart | 1.43% | 558,601 | $22.2M | Add +2.3% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 1.24% | 160,857 | $19.3M | Reduce -6.6% |
| WPC WP Carey Inc. | 1.23% | 268,473 | $19.2M | Add +190.3% |
| RHP Ryman Hospitality Properties | 1.20% | 145,769 | $18.7M | New |
| MAA Mid-America Apartment Comm | 1.18% | 132,299 | $18.4M | Reduce -41.4% |
| DOC Healthpeak Properties Inc. | 1.12% | 815,779 | $17.5M | Reduce -49.4% |
| CTRE Caretrust REIT Inc. | 1.12% | 431,378 | $17.4M | New |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.05% | 614,434 | $16.3M | Reduce -0.6% |
| CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW | 0.98% | 710,452 | $15.3M | Reduce -4.3% |
| AMT American Tower Corp. | 0.93% | 89,033 | $14.6M | Add +18.4% |
| COLD Americold Realty Trust Inc. | 0.84% | 829,064 | $13.0M | Add +34.5% |
| OUT Outfront Media Inc. | 0.82% | 388,315 | $12.7M | Reduce -29.9% |
| GTY Getty Realty Corp. | 0.79% | 368,063 | $12.3M | New |
| ARE Alexandria Real Estate Equit | 0.66% | 193,941 | $10.2M | Add +205.5% |
| BNL Broadstone Net Lease Inc. | 0.65% | 491,315 | $10.2M | New |
| FRT Federal Realty Invs Trust | 0.51% | 64,151 | $7.9M | Reduce -59.6% |
| ELS Equity Lifestyle Properties | 0.48% | 116,689 | $7.5M | Reduce -36.5% |
| GLPI Gaming and Leisure Propertie | 0.42% | 147,199 | $6.6M | Reduce -0.8% |
| CCI Crown Castle Inc. | 0.38% | 77,439 | $5.9M | No change |
| CPT Camden Property Trust | 0.36% | 49,147 | $5.6M | New |
| WY Weyerhaeuser Co. | 0.30% | 192,400 | $4.6M | No change |
| SBAC SBA Communications Corp. | 0.22% | 19,065 | $3.4M | Reduce -16.0% |
| OHI Omega Healthcare Investors | 0.05% | 16,566 | $790K | Reduce -96.3% |
| PEB Pebblebrook Hotel Trust | 0.03% | 27,742 | $538K | Reduce -24.0% |
| VNO Vornado Realty Trust | 0.03% | 12,605 | $495K | Reduce -20.1% |
| SHO Sunstone Hotel Investors Inc. | 0.03% | 39,496 | $452K | Reduce -16.9% |
| AVB Avalonbay Communities Inc. | 0.03% | 2,335 | $441K | Reduce -97.1% |
| DEI Douglas Emmett Inc. | 0.03% | 37,137 | $438K | Reduce -15.0% |
| HR Healthcare Realty Trust Inc. | 0.03% | 21,513 | $434K | Reduce -8.0% |
| TRNO Terreno Realty Corp. | 0.03% | 6,444 | $417K | No change |
| ESRT Empire State Realty Trust-A | 0.03% | 74,134 | $401K | No change |
| REXR Rexford Industrial Realty Inc. | 0.03% | 11,857 | $397K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $249K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 7,835 | $249K | Reduce -3.7% |
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q1 2026 → Q2 2026
| O Realty Income Corp. | Reduce -63.6% | 1.72% | −3.52 |
| EQIX Equinix Inc. | Reduce -29.9% | 6.45% | −3.24 |
| VTR Ventas Inc. | Reduce -49.1% | 2.09% | −2.15 |
| OHI Omega Healthcare Investors | Reduce -96.3% | 0.05% | −1.36 |
| INVH Invitation Homes Inc. | Sold out | 0.00% | −1.33 |
| PLD Prologis Inc. | Reduce -2.4% | 8.34% | −1.00 |
| AVB Avalonbay Communities Inc. | Reduce -97.1% | 0.03% | −0.91 |
| XHR Xenia Hotels & Resorts Inc. | Sold out | 0.00% | −0.85 |
| SLG SL Green Realty Corp. | Sold out | 0.00% | −0.80 |
| MAA Mid-America Apartment Comm | Reduce -41.4% | 1.18% | −0.80 |
| DOC Healthpeak Properties Inc. | Reduce -49.4% | 1.12% | −0.78 |
| NTST Netstreit Corp. | Reduce -31.0% | 1.60% | −0.72 |
| FRT Federal Realty Invs Trust | Reduce -59.6% | 0.51% | −0.71 |
| VMRK Vivmark Residential | Reduce -17.5% | 3.17% | −0.58 |
| HIW Highwoods Properties Inc. | Sold out | 0.00% | −0.45 |
| SPG Simon Property Group Inc. | Reduce -14.3% | 4.06% | −0.37 |
| ELS Equity Lifestyle Properties | Reduce -36.5% | 0.48% | −0.34 |
| SUI Sun Communities Inc. | Reduce -6.6% | 1.24% | −0.32 |
| UE Urban Edge Properties | Sold out | 0.00% | −0.32 |
| STAG Stag Industrial Inc. | Reduce -12.0% | 1.47% | −0.30 |
| OUT Outfront Media Inc. | Reduce -29.9% | 0.82% | −0.24 |
| VICI Vici Properties Inc. | Reduce -0.6% | 1.05% | −0.17 |
| FR First Industrial Realty TR | Reduce -0.9% | 2.31% | −0.15 |
| SBAC SBA Communications Corp. | Reduce -16.0% | 0.22% | −0.06 |
| GLPI Gaming and Leisure Propertie | Reduce -0.8% | 0.42% | −0.05 |
| CUZ Cousins Properties Inc. | Reduce -18.1% | 1.56% | −0.05 |
| VRE Veris Residential Inc. | Sold out | 0.00% | −0.03 |
| CTO Cto Realty Growth Inc. | Reduce -4.3% | 0.98% | −0.01 |
| SHO Sunstone Hotel Investors Inc. | Reduce -16.9% | 0.03% | −0.00 |
| DEI Douglas Emmett Inc. | Reduce -15.0% | 0.03% | −0.00 |
| HR Healthcare Realty Trust Inc. | Reduce -8.0% | 0.03% | −0.00 |
| PEB Pebblebrook Hotel Trust | Reduce -24.0% | 0.03% | +0.00 |
| VNO Vornado Realty Trust | Reduce -20.1% | 0.03% | +0.00 |
| MAC The Macerich Co. | Reduce -11.8% | 1.62% | +0.08 |
| DRH Diamondrock Hospitality Co. | Reduce -8.7% | 1.91% | +0.11 |
Portfolio Buys Q1 2026 → Q2 2026
| AMH American Homes 4 Rent- A | New | 2.63% | +2.63 |
| DLR Digital Realty Trust Inc. | Add +74.0% | 5.66% | +2.00 |
| ADC Agree Realty Corp. | Add +260.3% | 2.81% | +1.94 |
| BXP BXP Inc. | Add +5989.4% | 1.92% | +1.89 |
| WELL Welltower Inc. | Add +12.3% | 13.34% | +1.74 |
| ESS Essex Property Trust Inc. | Add +53.5% | 4.00% | +1.58 |
| JAN Janus Living Inc. Class-A-1 | Add +116.6% | 2.49% | +1.44 |
| RHP Ryman Hospitality Properties | New | 1.20% | +1.20 |
| CURB Curbline Properties Corp. | Add +82.7% | 2.36% | +1.13 |
| CTRE Caretrust REIT Inc. | New | 1.12% | +1.12 |
| IRM Iron Mountain Inc. | Add +37.8% | 2.90% | +0.99 |
| GTY Getty Realty Corp. | New | 0.79% | +0.79 |
| WPC WP Carey Inc. | Add +190.3% | 1.23% | +0.78 |
| BNL Broadstone Net Lease Inc. | New | 0.65% | +0.65 |
| ARE Alexandria Real Estate Equit | Add +205.5% | 0.66% | +0.45 |
| AKR Acadia Realty Trust | Add +23.4% | 2.18% | +0.37 |
| CPT Camden Property Trust | New | 0.36% | +0.36 |
| COLD Americold Realty Trust Inc. | Add +34.5% | 0.84% | +0.33 |
| PSA Public Storage | Add +0.1% | 2.13% | +0.10 |
| EXR Extra Space Storage Inc. | Add +3.9% | 3.09% | +0.08 |
| AMT American Tower Corp. | Add +18.4% | 0.93% | +0.00 |
| CUBE Cubesmart | Add +2.3% | 1.43% | −0.01 |
Notes & Other Activity Q1 2026 → Q2 2026
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | Reduce -3.7% | 7,835 | $249K |
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 | 56 | $1.6B | WELL, PLD, EQIX, DLR, SPG |
| Q1 2026 | 56 | $1.4B | WELL, EQIX, PLD, O, SPG |
| Q4 2025 | 53 | $1.4B | WELL, PLD, EQIX, VTR, SPG |
| Q3 2025 | 56 | $1.5B | WELL, PLD, EQIX, SPG, DLR |
| Q2 2025 | 55 | $1.4B | WELL, PLD, EQIX, SPG, EXR |
| Q1 2025 | 53 | $1.5B | WELL, PLD, PSA, EQIX, DLR |
| Q4 2024 | 53 | $1.6B | EQIX, PLD, VMRK, DLR, WELL |
| Q3 2024 | 57 | $1.8B | PLD, EQIX, EXR, WELL, SPG |
| Q2 2024 | 53 | $1.6B | PLD, EQIX, WELL, DLR, SPG |
| Q1 2024 | 52 | $1.8B | PLD, WELL, EQIX, EXR, IRM |