Lasalle Investment Management Securities LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Lasalle Investment Management Securities LLC reported 48 stock positions worth $2.5 billion. Its top holding was Equinix (EQIX) at 9.8% of the portfolio, followed by Welltower (WELL, 8.5%) and Prologis (PLD, 6.4%). Compared with Q3 2025, it opened 6 new positions, sold out of 2, added to 18 and reduced 18. The biggest buy was a new position in Sabra Health Care REIT (SBRA) and the biggest sale an exit from Omega Healthcare Investors (OHI).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001085601
- Portfolio Value
- $2.5B (Q4 2025)
- SEC Filing
- 0001085601-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 48 stocks · $2.5B
| EQIX Equinix Inc. | 9.80% | 319,385 | $244.7M | Reduce -1.7% |
| WELL Welltower Inc. | 8.48% | 1,140,399 | $211.7M | Reduce -4.4% |
| PLD Prologis Inc. | 6.44% | 1,260,576 | $160.9M | Reduce -6.2% |
| PSA Public Storage | 4.99% | 479,993 | $124.6M | Reduce -4.4% |
| VTR Ventas Inc. | 4.32% | 1,393,670 | $107.8M | Reduce -10.3% |
| SPG Simon Property Group Inc. | 3.95% | 533,003 | $98.7M | Add +5.3% |
| AMH American Homes 4 Rent- A | 3.93% | 3,056,123 | $98.1M | Add +5.8% |
| AMT American Tower Corp. | 3.71% | 527,616 | $92.6M | Add +9.2% |
| GLPI Gaming and Leisure Propertie | 3.67% | 2,053,320 | $91.8M | Add +6.9% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 3.51% | 1,389,244 | $87.6M | Add +18.4% |
| COLD Americold Realty Trust Inc. | 3.50% | 6,804,956 | $87.5M | Reduce -2.2% |
| LXP LXP Industrial Trust | 3.40% | 1,710,791 | $84.8M | Reduce -12.3% |
| OUT Outfront Media Inc. | 3.38% | 3,506,182 | $84.5M | Reduce -5.2% |
| ARE Alexandria Real Estate Equit | 3.34% | 1,703,228 | $83.4M | Add +43.4% |
| KRG Kite Realty Group Trust | 2.96% | 3,080,378 | $73.8M | Add +9.4% |
| SBRA Sabra Health Care REIT Inc. | 2.68% | 3,534,217 | $66.9M | New |
| DLR Digital Realty Trust Inc. | 2.50% | 403,427 | $62.4M | Reduce -21.6% |
| AVB Avalonbay Communities Inc. | 2.42% | 332,878 | $60.4M | Add +3.8% |
| UDR Udr Inc. | 1.96% | 1,332,292 | $48.9M | Add +7.9% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.95% | 1,732,642 | $48.7M | Reduce -21.8% |
| ADC Agree Realty Corp. | 1.95% | 674,524 | $48.6M | Add +6.2% |
| ELS Equity Lifestyle Properties | 1.85% | 761,971 | $46.2M | Reduce -9.0% |
| FR First Industrial Realty TR | 1.81% | 787,764 | $45.1M | Add +7.4% |
| O Realty Income Corp. | 1.67% | 741,120 | $41.8M | Reduce -48.9% |
| CUBE Cubesmart | 1.56% | 1,080,351 | $38.9M | Add +3.0% |
| FRT Federal Realty Invs Trust | 1.45% | 358,931 | $36.2M | Add +29.4% |
| ESRT Empire State Realty Trust-A | 1.44% | 5,524,484 | $36.0M | Add +264.1% |
| FCPT Four Corners Property Trust | 1.32% | 1,426,241 | $32.9M | New |
| HST Host Hotels & Resorts Inc. | 1.15% | 1,615,578 | $28.6M | Reduce -2.5% |
| NNN NNN REIT Inc. | 0.96% | 603,176 | $23.9M | New |
| CURB Curbline Properties Corp. | 0.73% | 786,623 | $18.3M | Reduce -32.7% |
| INVH Invitation Homes Inc. | 0.67% | 605,488 | $16.8M | Add +27.9% |
| BXP BXP Inc. | 0.66% | 245,440 | $16.6M | Reduce -8.7% |
| DRH Diamondrock Hospitality Co. | 0.41% | 1,130,355 | $10.1M | Reduce -13.3% |
| DOC Healthpeak Properties Inc. | 0.34% | 533,956 | $8.6M | No change |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.26% | 53,134 | $6.6M | No change |
| ESS Essex Property Trust Inc. | 0.25% | 23,605 | $6.2M | No change |
| CDP Copt Defense Properties | 0.21% | 185,258 | $5.2M | Reduce -58.0% |
| EXR Extra Space Storage Inc. | 0.12% | 23,416 | $3.0M | Reduce -28.6% |
| SBAC SBA Communications Corp. | 0.08% | 10,380 | $2.0M | Add +1.9% |
| REG Regency Centers Corp. | 0.08% | 28,418 | $2.0M | No change |
| KRC Kilroy Realty Corp. | 0.05% | 35,300 | $1.3M | No change |
| WY Weyerhaeuser Co. | 0.03% | 31,568 | $748K | No change |
| CCI Crown Castle Inc. | 0.02% | 6,957 | $618K | Add +38.8% |
| LAMR Lamar Advertising Co. Class A | 0.02% | 3,238 | $410K | Add +8.2% |
| STAG Stag Industrial Inc. | 0.01% | 6,611 | $243K | New |
| LINE Lineage Inc. | 0.01% | 6,733 | $236K | New |
| IVT Inventrust Properties Corp. | 0.00% | 3,908 | $110K | New |
Portfolio Sells Q3 2025 → Q4 2025
| OHI Omega Healthcare Investors | Sold out | 0.00% | −2.80 |
| O Realty Income Corp. | Reduce -48.9% | 1.67% | −1.79 |
| NTST Netstreit Corp. | Sold out | 0.00% | −1.14 |
| DLR Digital Realty Trust Inc. | Reduce -21.6% | 2.50% | −0.99 |
| VICI Vici Properties Inc. | Reduce -21.8% | 1.95% | −0.88 |
| PSA Public Storage | Reduce -4.4% | 4.99% | −0.71 |
| CDP Copt Defense Properties | Reduce -58.0% | 0.21% | −0.30 |
| CURB Curbline Properties Corp. | Reduce -32.7% | 0.73% | −0.29 |
| EQIX Equinix Inc. | Reduce -1.7% | 9.80% | −0.19 |
| ELS Equity Lifestyle Properties | Reduce -9.0% | 1.85% | −0.15 |
| BXP BXP Inc. | Reduce -8.7% | 0.66% | −0.12 |
| EXR Extra Space Storage Inc. | Reduce -28.6% | 0.12% | −0.06 |
| LXP LXP Industrial Trust | Reduce -12.3% | 3.40% | −0.04 |
| DRH Diamondrock Hospitality Co. | Reduce -13.3% | 0.41% | −0.00 |
| HST Host Hotels & Resorts Inc. | Reduce -2.5% | 1.15% | +0.04 |
| VTR Ventas Inc. | Reduce -10.3% | 4.32% | +0.05 |
| WELL Welltower Inc. | Reduce -4.4% | 8.48% | +0.13 |
| COLD Americold Realty Trust Inc. | Reduce -2.2% | 3.50% | +0.16 |
| PLD Prologis Inc. | Reduce -6.2% | 6.44% | +0.40 |
| OUT Outfront Media Inc. | Reduce -5.2% | 3.38% | +0.72 |
Portfolio Buys Q3 2025 → Q4 2025
| SBRA Sabra Health Care REIT Inc. | New | 2.68% | +2.68 |
| FCPT Four Corners Property Trust | New | 1.32% | +1.32 |
| ESRT Empire State Realty Trust-A | Add +264.1% | 1.44% | +0.99 |
| NNN NNN REIT Inc. | New | 0.96% | +0.96 |
| VMRK Vivmark Residential | Add +18.4% | 3.51% | +0.53 |
| KRG Kite Realty Group Trust | Add +9.4% | 2.96% | +0.49 |
| FRT Federal Realty Invs Trust | Add +29.4% | 1.45% | +0.35 |
| FR First Industrial Realty TR | Add +7.4% | 1.81% | +0.32 |
| SPG Simon Property Group Inc. | Add +5.3% | 3.95% | +0.22 |
| ADC Agree Realty Corp. | Add +6.2% | 1.95% | +0.17 |
| GLPI Gaming and Leisure Propertie | Add +6.9% | 3.67% | +0.16 |
| AMH American Homes 4 Rent- A | Add +5.8% | 3.93% | +0.16 |
| UDR Udr Inc. | Add +7.9% | 1.96% | +0.15 |
| INVH Invitation Homes Inc. | Add +27.9% | 0.67% | +0.13 |
| AMT American Tower Corp. | Add +9.2% | 3.71% | +0.06 |
| STAG Stag Industrial Inc. | New | 0.01% | +0.01 |
| LINE Lineage Inc. | New | 0.01% | +0.01 |
| CCI Crown Castle Inc. | Add +38.8% | 0.02% | +0.01 |
| IVT Inventrust Properties Corp. | New | 0.00% | +0.00 |
| SBAC SBA Communications Corp. | Add +1.9% | 0.08% | +0.00 |
| LAMR Lamar Advertising Co. Class A | Add +8.2% | 0.02% | +0.00 |
| AVB Avalonbay Communities Inc. | Add +3.8% | 2.42% | −0.02 |
| CUBE Cubesmart | Add +3.0% | 1.56% | −0.12 |
| ARE Alexandria Real Estate Equit | Add +43.4% | 3.34% | −0.55 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $2.8B | EQIX, WELL, PLD, PSA, SPG |
| Q1 2026 | 48 | $2.5B | EQIX, WELL, PLD, PSA, AMT |
| Q4 2025 | 48 | $2.5B | EQIX, WELL, PLD, PSA, VTR |
| Q3 2025 | 44 | $2.5B | EQIX, WELL, PLD, PSA, VTR |
| Q2 2025 | 44 | $2.4B | EQIX, WELL, PLD, O, PSA |
| Q1 2025 | 47 | $2.3B | EQIX, WELL, PLD, O, PSA |
| Q4 2024 | 44 | $2.4B | EQIX, WELL, PLD, PSA, O |
| Q3 2024 | 44 | $2.6B | EQIX, PLD, PSA, WELL, DLR |
| Q2 2024 | 45 | $2.3B | EQIX, PLD, PSA, DLR, O |
| Q1 2024 | 47 | $2.4B | PLD, PSA, EQIX, DLR, O |