Vert Asset Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 17, 2024), Vert Asset Management LLC reported 42 stock positions worth $290.1 million. Its top holding was Welltower (WELL) at 8.0% of the portfolio, followed by American Tower (AMT, 7.4%) and Equinix (EQIX, 7.1%). Compared with Q2 2024, it added to 28 and reduced 4. The biggest buy was Iron Mountain (IRM, shares +2%) and the biggest sale Alexandria Real Estate Equit (ARE, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- SAUSALITO, CA
- CIK
- 0001904664
- Portfolio Value
- $290.1M (Q3 2024)
- SEC Filing
- 0001904664-24-000007 ↗ filed Oct 17, 2024
Holdings Value
Holdings 42 stocks · $290.1M
| WELL Welltower Inc. | 7.97% | 180,451 | $23.1M | Add +0.5% |
| AMT American Tower Corp. | 7.45% | 92,860 | $21.6M | Add +0.6% |
| EQIX Equinix Inc. | 7.14% | 23,319 | $20.7M | Add +1.5% |
| DLR Digital Realty Trust Inc. | 7.10% | 127,278 | $20.6M | Add +2.9% |
| PLD Prologis Inc. | 7.09% | 162,871 | $20.6M | Add +0.6% |
| SPG Simon Property Group Inc. | 7.09% | 121,615 | $20.6M | Add +0.6% |
| EXR Extra Space Storage Inc. | 5.38% | 86,563 | $15.6M | Add +1.5% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 4.91% | 119,937 | $14.3M | Add +1.9% |
| AVB Avalonbay Communities Inc. | 4.51% | 58,111 | $13.1M | Add +1.6% |
| VTR Ventas Inc. | 3.66% | 165,614 | $10.6M | Add +2.1% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 3.59% | 139,773 | $10.4M | Add +0.6% |
| ESS Essex Property Trust Inc. | 2.65% | 26,001 | $7.7M | Add +1.8% |
| MAA Mid-America Apartment Comm | 2.57% | 46,875 | $7.4M | Add +0.8% |
| ARE Alexandria Real Estate Equit | 2.50% | 61,010 | $7.2M | Reduce -5.5% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 2.38% | 51,023 | $6.9M | Add +0.7% |
| KIM Kimco Realty Corp. | 2.18% | 271,790 | $6.3M | Add +0.8% |
| DOC Healthpeak Properties Inc. | 2.16% | 273,758 | $6.3M | Reduce -4.1% |
| UDR Udr Inc. | 2.03% | 129,983 | $5.9M | Add +0.6% |
| ELS Equity Lifestyle Properties | 1.78% | 72,424 | $5.2M | Add +0.7% |
| REG Regency Centers Corp. | 1.76% | 70,677 | $5.1M | Add +0.8% |
| HST Host Hotels & Resorts Inc. | 1.72% | 282,768 | $5.0M | Add +0.9% |
| BXP BXP Inc. | 1.70% | 61,261 | $4.9M | Add +0.8% |
| REXR Rexford Industrial Realty Inc. | 1.55% | 89,579 | $4.5M | Add +1.0% |
| FRT Federal Realty Invs Trust | 1.17% | 29,407 | $3.4M | Add +1.0% |
| BRX Brixmor Property Group Inc. | 1.15% | 119,534 | $3.3M | Add +2.8% |
| COLD Americold Realty Trust Inc. | 1.09% | 111,967 | $3.2M | No change |
| STAG Stag Industrial Inc. | 1.02% | 75,568 | $3.0M | No change |
| VNO Vornado Realty Trust | 0.93% | 68,282 | $2.7M | Add +0.5% |
| SLG SL Green Realty Corp. | 0.65% | 26,909 | $1.9M | Add +1.5% |
| MAC The Macerich Co. | 0.55% | 87,258 | $1.6M | Add +1.7% |
| KRC Kilroy Realty Corp. | 0.54% | 40,581 | $1.6M | Reduce -13.6% |
| LXP LXP Industrial Trust | 0.42% | 120,140 | $1.2M | Add +1.6% |
| DRH Diamondrock Hospitality Co. | 0.24% | 80,841 | $706K | No change |
| ESRT Empire State Realty Trust-A | 0.20% | 53,349 | $591K | No change |
| VRE Veris Residential Inc. | 0.20% | 31,690 | $566K | No change |
| AAT American Assets Trust Inc. | 0.19% | 20,869 | $558K | No change |
| JBGS JBG Smith Properties | 0.19% | 31,650 | $553K | No change |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.17% | 25,598 | $504K | No change |
| RLJ RLJ Lodging Trust | 0.15% | 48,012 | $441K | Reduce -25.8% |
| BDN Brandywine Realty Trust | 0.12% | 66,296 | $361K | No change |
| CSR Centerspace | 0.11% | 4,709 | $332K | Add +0.3% |
| HUDSON PAC PPTYS INC | 0.06% | 36,698 | $175K | No change |
Portfolio Sells Q2 2024 → Q3 2024
Portfolio Buys Q2 2024 → Q3 2024
| IRM Iron Mountain Inc. | Add +1.9% | 4.91% | +0.71 |
| WELL Welltower Inc. | Add +0.5% | 7.97% | +0.50 |
| VTR Ventas Inc. | Add +2.1% | 3.66% | +0.35 |
| AMT American Tower Corp. | Add +0.6% | 7.45% | +0.30 |
| VNO Vornado Realty Trust | Add +0.5% | 0.93% | +0.22 |
| BXP BXP Inc. | Add +0.8% | 1.70% | +0.21 |
| EQIX Equinix Inc. | Add +1.5% | 7.14% | +0.21 |
| EXR Extra Space Storage Inc. | Add +1.5% | 5.38% | +0.10 |
| KIM Kimco Realty Corp. | Add +0.8% | 2.18% | +0.08 |
| BRX Brixmor Property Group Inc. | Add +2.8% | 1.15% | +0.08 |
| SLG SL Green Realty Corp. | Add +1.5% | 0.65% | +0.05 |
| REG Regency Centers Corp. | Add +0.8% | 1.76% | +0.02 |
| MAC The Macerich Co. | Add +1.7% | 0.55% | +0.02 |
| FRT Federal Realty Invs Trust | Add +1.0% | 1.17% | −0.01 |
| CSR Centerspace | Add +0.3% | 0.11% | −0.01 |
| LXP LXP Industrial Trust | Add +1.6% | 0.42% | −0.01 |
| REXR Rexford Industrial Realty Inc. | Add +1.0% | 1.55% | −0.02 |
| SUI Sun Communities Inc. | Add +0.7% | 2.38% | −0.05 |
| MAA Mid-America Apartment Comm | Add +0.8% | 2.57% | −0.08 |
| ELS Equity Lifestyle Properties | Add +0.7% | 1.78% | −0.09 |
| UDR Udr Inc. | Add +0.6% | 2.03% | −0.09 |
| ESS Essex Property Trust Inc. | Add +1.8% | 2.65% | −0.12 |
| PLD Prologis Inc. | Add +0.6% | 7.09% | −0.15 |
| AVB Avalonbay Communities Inc. | Add +1.6% | 4.51% | −0.20 |
| SPG Simon Property Group Inc. | Add +0.6% | 7.09% | −0.23 |
| VMRK Vivmark Residential | Add +0.6% | 3.59% | −0.25 |
| HST Host Hotels & Resorts Inc. | Add +0.9% | 1.72% | −0.29 |
| DLR Digital Realty Trust Inc. | Add +2.9% | 7.10% | −0.39 |
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 |