Vert Asset Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 15, 2024), Vert Asset Management LLC reported 42 stock positions worth $237.8 million. Its top holding was Simon Property (SPG) at 8.7% of the portfolio, followed by Prologis (PLD, 7.6%) and American Tower (AMT, 7.2%). Compared with Q4 2023, it opened 1 new position, added to 31 and reduced 2. The biggest buy was Simon Property (SPG, shares +0%) and the biggest sale Welltower (WELL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- SAUSALITO, CA
- CIK
- 0001904664
- Portfolio Value
- $237.8M (Q1 2024)
- SEC Filing
- 0001904664-24-000003 ↗ filed Apr 15, 2024
Holdings Value
Holdings 42 stocks · $237.8M
| SPG Simon Property Group Inc. | 8.74% | 132,775 | $20.8M | Add +0.1% |
| PLD Prologis Inc. | 7.57% | 138,216 | $18.0M | Add +0.8% |
| AMT American Tower Corp. | 7.21% | 86,725 | $17.1M | Add +2.4% |
| WELL Welltower Inc. | 7.19% | 183,053 | $17.1M | Reduce -1.9% |
| DLR Digital Realty Trust Inc. | 7.05% | 116,450 | $16.8M | Reduce -4.2% |
| EQIX Equinix Inc. | 7.03% | 20,262 | $16.7M | Add +5.3% |
| EXR Extra Space Storage Inc. | 5.35% | 86,495 | $12.7M | Add +1.1% |
| AVB Avalonbay Communities Inc. | 4.58% | 58,752 | $10.9M | Add +5.8% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 4.11% | 121,903 | $9.8M | Add +3.0% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 3.98% | 149,842 | $9.5M | Add +8.2% |
| ARE Alexandria Real Estate Equit | 3.76% | 69,277 | $8.9M | Add +4.7% |
| VTR Ventas Inc. | 3.06% | 167,329 | $7.3M | Add +6.1% |
| ESS Essex Property Trust Inc. | 2.75% | 26,669 | $6.5M | Add +5.5% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 2.71% | 50,173 | $6.5M | Add +5.1% |
| HST Host Hotels & Resorts Inc. | 2.54% | 292,175 | $6.0M | Add +9.6% |
| KIM Kimco Realty Corp. | 2.15% | 260,475 | $5.1M | Add +8.3% |
| UDR Udr Inc. | 2.04% | 129,935 | $4.9M | Add +7.6% |
| ELS Equity Lifestyle Properties | 1.96% | 72,490 | $4.7M | Add +8.1% |
| REXR Rexford Industrial Realty Inc. | 1.86% | 87,783 | $4.4M | Add +10.8% |
| DOC Healthpeak Properties Inc. | 1.77% | 224,258 | $4.2M | Add +11.9% |
| REG Regency Centers Corp. | 1.74% | 68,144 | $4.1M | Add +5.8% |
| BXP BXP Inc. filed as BOSTON PROPERTIES INC | 1.70% | 61,766 | $4.0M | Add +4.8% |
| FRT Federal Realty Invs Trust | 1.32% | 30,845 | $3.1M | Add +7.3% |
| COLD Americold Realty Trust Inc. | 1.22% | 116,735 | $2.9M | Add +7.6% |
| STAG Stag Industrial Inc. | 1.20% | 73,967 | $2.8M | Add +3.2% |
| VNO Vornado Realty Trust | 0.78% | 64,235 | $1.8M | No change |
| MAC The Macerich Co. | 0.68% | 94,060 | $1.6M | Add +4.9% |
| KRC Kilroy Realty Corp. | 0.67% | 43,605 | $1.6M | Add +0.6% |
| HASI Ha Sustainable Infrastructur filed as HANNON ARMSTRONG SUST INFR C | 0.55% | 45,742 | $1.3M | Add +4.9% |
| SHO Sunstone Hotel Investors Inc. | 0.37% | 79,899 | $890K | Add +8.9% |
| DRH Diamondrock Hospitality Co. | 0.35% | 87,299 | $839K | No change |
| RLJ RLJ Lodging Trust | 0.32% | 64,665 | $764K | Add +3.2% |
| JBGS JBG Smith Properties | 0.25% | 36,312 | $583K | No change |
| ESRT Empire State Realty Trust-A | 0.23% | 54,897 | $556K | Add +3.9% |
| ALEX Alexander & Baldwin Inc. | 0.21% | 30,539 | $503K | No change |
| AAT American Assets Trust Inc. | 0.19% | 20,869 | $457K | No change |
| VRE Veris Residential Inc. | 0.18% | 28,852 | $439K | Add +4.9% |
| MAA Mid-America Apartment Comm | 0.17% | 3,018 | $397K | New |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.17% | 24,314 | $395K | Add +1.7% |
| HUDSON PAC PPTYS INC | 0.14% | 51,944 | $335K | No change |
| BDN Brandywine Realty Trust | 0.14% | 67,039 | $322K | No change |
| FSP Franklin Street Properties C | 0.02% | 18,517 | $42K | No change |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| SPG Simon Property Group Inc. | Add +0.1% | 8.74% | +0.58 |
| IRM Iron Mountain Inc. | Add +3.0% | 4.11% | +0.54 |
| EQIX Equinix Inc. | Add +5.3% | 7.03% | +0.35 |
| VMRK Vivmark Residential | Add +8.2% | 3.98% | +0.32 |
| HST Host Hotels & Resorts Inc. | Add +9.6% | 2.54% | +0.30 |
| MAA Mid-America Apartment Comm | New | 0.17% | +0.17 |
| ARE Alexandria Real Estate Equit | Add +4.7% | 3.76% | +0.14 |
| AVB Avalonbay Communities Inc. | Add +5.8% | 4.58% | +0.10 |
| MAC The Macerich Co. | Add +4.9% | 0.68% | +0.08 |
| DOC Healthpeak Properties Inc. | Add +11.9% | 1.77% | +0.06 |
| UDR Udr Inc. | Add +7.6% | 2.04% | +0.05 |
| FRT Federal Realty Invs Trust | Add +7.3% | 1.32% | +0.05 |
| ESS Essex Property Trust Inc. | Add +5.5% | 2.75% | +0.04 |
| SHO Sunstone Hotel Investors Inc. | Add +8.9% | 0.37% | +0.03 |
| HASI Ha Sustainable Infrastructur | Add +4.9% | 0.55% | +0.03 |
| ESRT Empire State Realty Trust-A | Add +3.9% | 0.23% | +0.01 |
| UMH Umh Properties Inc. | Add +1.7% | 0.17% | +0.01 |
| RLJ RLJ Lodging Trust | Add +3.2% | 0.32% | +0.00 |
| VRE Veris Residential Inc. | Add +4.9% | 0.18% | −0.00 |
| STAG Stag Industrial Inc. | Add +3.2% | 1.20% | −0.02 |
| SUI Sun Communities Inc. | Add +5.1% | 2.71% | −0.04 |
| REXR Rexford Industrial Realty Inc. | Add +10.8% | 1.86% | −0.06 |
| KIM Kimco Realty Corp. | Add +8.3% | 2.15% | −0.06 |
| ELS Equity Lifestyle Properties | Add +8.1% | 1.96% | −0.08 |
| KRC Kilroy Realty Corp. | Add +0.6% | 0.67% | −0.08 |
| BXP BXP Inc. | Add +4.8% | 1.70% | −0.09 |
| REG Regency Centers Corp. | Add +5.8% | 1.74% | −0.13 |
| COLD Americold Realty Trust Inc. | Add +7.6% | 1.22% | −0.19 |
| PLD Prologis Inc. | Add +0.8% | 7.57% | −0.31 |
| VTR Ventas Inc. | Add +6.1% | 3.06% | −0.33 |
| EXR Extra Space Storage Inc. | Add +1.1% | 5.35% | −0.57 |
| AMT American Tower Corp. | Add +2.4% | 7.21% | −0.68 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $365.5M | EQIX, SPG, WELL, PLD, DLR |
| Q1 2026 | 45 | $315.1M | EQIX, DLR, SPG, PLD, WELL |
| Q4 2025 | 46 | $300.6M | EQIX, SPG, PLD, AMT, DLR |
| Q3 2025 | 45 | $297.4M | WELL, SPG, DLR, PLD, EQIX |
| Q2 2025 | 45 | $274.6M | DLR, AMT, WELL, SPG, PLD |
| Q1 2025 | 45 | $290.9M | AMT, WELL, SPG, DLR, EQIX |
| Q4 2024 | 43 | $292.1M | WELL, DLR, EQIX, SPG, PLD |
| Q3 2024 | 42 | $290.1M | WELL, AMT, EQIX, DLR, PLD |
| Q2 2024 | 42 | $250.9M | DLR, WELL, SPG, PLD, AMT |
| Q1 2024 | 42 | $237.8M | SPG, PLD, AMT, WELL, DLR |