Resolution Capital Ltd
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Resolution Capital Ltd reported 38 stock positions worth $5.1 billion. Its top holding was Welltower (WELL) at 14.6% of the portfolio, followed by Digital Realty Trust (DLR, 9.9%) and Equinix (EQIX, 9.2%). Compared with Q2 2025, it opened 4 new positions, sold out of 5, added to 19 and reduced 15. The biggest buy was Vornado Realty Trust (VNO, shares +315%) and the biggest sale Vivmark Residential (VMRK, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- Sydney, Nsw, C3
- CIK
- 0001612389
- Portfolio Value
- $5.1B (Q3 2025)
- SEC Filing
- 0001172661-25-004902 ↗ filed Nov 14, 2025
Holdings Value
Holdings 38 stocks · $5.1B
| WELL Welltower Inc. | 14.57% | 4,203,084 | $748.7M | Reduce -17.3% |
| DLR Digital Realty Trust Inc. | 9.89% | 2,939,121 | $508.1M | Reduce -1.0% |
| EQIX Equinix Inc. | 9.16% | 600,852 | $470.6M | Add +2.5% |
| VTR Ventas Inc. | 8.95% | 6,573,591 | $460.1M | Reduce -5.7% |
| EXR Extra Space Storage Inc. | 7.74% | 2,823,469 | $397.9M | Add +44.7% |
| FRT Federal Realty Invs Trust | 6.24% | 3,163,216 | $320.5M | Reduce -3.1% |
| PLD Prologis Inc. | 5.77% | 2,591,115 | $296.7M | Add +5.3% |
| SPG Simon Property Group Inc. | 5.41% | 1,482,463 | $278.2M | Add +14.5% |
| VNO Vornado Realty Trust | 4.24% | 5,380,978 | $218.1M | Add +315.1% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 3.98% | 3,159,304 | $204.5M | Reduce -37.8% |
| ESS Essex Property Trust Inc. | 3.31% | 634,598 | $169.9M | Reduce -25.2% |
| INVH Invitation Homes Inc. | 3.27% | 5,720,473 | $167.8M | Reduce -11.1% |
| KIM Kimco Realty Corp. | 3.17% | 7,464,555 | $163.1M | Reduce -29.4% |
| ELS Equity Lifestyle Properties | 2.66% | 2,253,208 | $136.8M | Add +39.7% |
| CUZ Cousins Properties Inc. | 2.57% | 4,565,837 | $132.1M | Reduce -22.9% |
| HR Healthcare Realty Trust Inc. | 2.25% | 6,402,102 | $115.4M | New |
| TRNO Terreno Realty Corp. | 1.48% | 1,342,423 | $76.2M | Add +5.6% |
| ESRT Empire State Realty Trust-A | 1.04% | 6,975,518 | $53.4M | Add +29.1% |
| UE Urban Edge Properties | 1.00% | 2,519,470 | $51.6M | Add +1.8% |
| HST Host Hotels & Resorts Inc. | 0.89% | 2,678,246 | $45.6M | Add +31.9% |
| ADC Agree Realty Corp. | 0.58% | 423,011 | $30.1M | Add +26.4% |
| ETR Entergy Corp. | 0.22% | 123,612 | $11.5M | Add +13.4% |
| KMI Kinder Morgan Inc. | 0.22% | 391,124 | $11.1M | Add +16.3% |
| DUK Duke Energy Corp. | 0.19% | 80,128 | $9.9M | Add +0.6% |
| WEC WEC Energy Group Inc. | 0.16% | 72,262 | $8.3M | Reduce -6.7% |
| LNT Alliant Energy Corp. | 0.16% | 118,843 | $8.0M | New |
| NI Nisource Inc. | 0.15% | 174,997 | $7.6M | Add +17.6% |
| SO The Southern Co. | 0.13% | 69,909 | $6.6M | Add +12.8% |
| SR Spire Inc. | 0.13% | 79,112 | $6.4M | New |
| XEL Xcel Energy Inc. | 0.10% | 62,401 | $5.0M | Add +149.9% |
| UNP Union Pacific Corp. | 0.09% | 19,624 | $4.6M | Add +35.7% |
| AEE Ameren Corporation | 0.06% | 28,794 | $3.0M | Reduce -42.0% |
| CEG Constellation Energy | 0.06% | 8,796 | $2.9M | Reduce -1.2% |
| PEG Public Service Enterprise GP | 0.05% | 30,304 | $2.5M | Reduce -18.6% |
| WMB Williams Cos Inc. | 0.04% | 34,729 | $2.2M | Add +8.6% |
| AMT American Tower Corp. | 0.03% | 7,617 | $1.5M | Reduce -97.8% |
| PNW Pinnacle West Capital | 0.03% | 15,884 | $1.4M | New |
| PCG P G & E Corp. | 0.02% | 54,572 | $823K | Reduce -41.0% |
Portfolio Sells Q2 2025 → Q3 2025
| VMRK Vivmark Residential | Reduce -37.8% | 3.98% | −2.82 |
| AMT American Tower Corp. | Reduce -97.8% | 0.03% | −1.53 |
| ESS Essex Property Trust Inc. | Reduce -25.2% | 3.31% | −1.46 |
| KIM Kimco Realty Corp. | Reduce -29.4% | 3.17% | −1.24 |
| DOC Healthpeak Properties Inc. | Sold out | 0.00% | −1.23 |
| CUZ Cousins Properties Inc. | Reduce -22.9% | 2.57% | −0.95 |
| WELL Welltower Inc. | Reduce -17.3% | 14.57% | −0.93 |
| INVH Invitation Homes Inc. | Reduce -11.1% | 3.27% | −0.92 |
| DLR Digital Realty Trust Inc. | Reduce -1.0% | 9.89% | −0.37 |
| AEE Ameren Corporation | Reduce -42.0% | 0.06% | −0.04 |
| OGE Oge Energy Corp. | Sold out | 0.00% | −0.03 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.02 |
| WTRG Essential Utilities Inc. | Sold out | 0.00% | −0.02 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.01 |
| PEG Public Service Enterprise GP | Reduce -18.6% | 0.05% | −0.01 |
| PCG P G & E Corp. | Reduce -41.0% | 0.02% | −0.01 |
| CEG Constellation Energy | Reduce -1.2% | 0.06% | −0.00 |
| WEC WEC Energy Group Inc. | Reduce -6.7% | 0.16% | +0.00 |
| FRT Federal Realty Invs Trust | Reduce -3.1% | 6.24% | +0.09 |
| VTR Ventas Inc. | Reduce -5.7% | 8.95% | +0.22 |
Portfolio Buys Q2 2025 → Q3 2025
| VNO Vornado Realty Trust | Add +315.1% | 4.24% | +3.26 |
| HR Healthcare Realty Trust Inc. | New | 2.25% | +2.25 |
| EXR Extra Space Storage Inc. | Add +44.7% | 7.74% | +2.04 |
| SPG Simon Property Group Inc. | Add +14.5% | 5.41% | +1.29 |
| ELS Equity Lifestyle Properties | Add +39.7% | 2.66% | +0.69 |
| PLD Prologis Inc. | Add +5.3% | 5.77% | +0.65 |
| HST Host Hotels & Resorts Inc. | Add +31.9% | 0.89% | +0.27 |
| ESRT Empire State Realty Trust-A | Add +29.1% | 1.04% | +0.17 |
| LNT Alliant Energy Corp. | New | 0.16% | +0.16 |
| SR Spire Inc. | New | 0.13% | +0.13 |
| ADC Agree Realty Corp. | Add +26.4% | 0.58% | +0.10 |
| UE Urban Edge Properties | Add +1.8% | 1.00% | +0.09 |
| TRNO Terreno Realty Corp. | Add +5.6% | 1.48% | +0.07 |
| XEL Xcel Energy Inc. | Add +149.9% | 0.10% | +0.06 |
| ETR Entergy Corp. | Add +13.4% | 0.22% | +0.04 |
| NI Nisource Inc. | Add +17.6% | 0.15% | +0.03 |
| PNW Pinnacle West Capital | New | 0.03% | +0.03 |
| UNP Union Pacific Corp. | Add +35.7% | 0.09% | +0.02 |
| KMI Kinder Morgan Inc. | Add +16.3% | 0.22% | +0.02 |
| SO The Southern Co. | Add +12.8% | 0.13% | +0.02 |
| DUK Duke Energy Corp. | Add +0.6% | 0.19% | +0.01 |
| WMB Williams Cos Inc. | Add +8.6% | 0.04% | +0.00 |
| EQIX Equinix Inc. | Add +2.5% | 9.16% | −0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $5.4B | WELL, EQIX, FRT, VNO, VTR |
| Q1 2026 | 40 | $4.8B | WELL, EQIX, FRT, SPG, DLR |
| Q4 2025 | 41 | $4.5B | WELL, EQIX, VTR, PLD, SPG |
| Q3 2025 | 38 | $5.1B | WELL, DLR, EQIX, VTR, EXR |
| Q2 2025 | 39 | $5.0B | WELL, DLR, EQIX, VTR, VMRK |
| Q1 2025 | 41 | $5.1B | WELL, VTR, EQIX, VMRK, KIM |
| Q4 2024 | 43 | $5.6B | WELL, EQIX, DLR, VTR, FRT |
| Q3 2024 | 41 | $5.8B | WELL, EQIX, VTR, DLR, VMRK |
| Q2 2024 | 41 | $5.3B | WELL, EQIX, VMRK, DLR, INVH |
| Q1 2024 | 42 | $5.6B | WELL, EQIX, PLD, VMRK, INVH |