Vert Asset Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 22, 2025), Vert Asset Management LLC reported 43 stock positions worth $292.1 million. Its top holding was Welltower (WELL) at 7.8% of the portfolio, followed by Digital Realty Trust (DLR, 7.7%) and Equinix (EQIX, 7.7%). Compared with Q3 2024, it opened 1 new position and added to 38. The biggest buy was Digital Realty Trust (DLR, shares +0%).
- Most Recent 13F
- Q2 2026
- Location
- SAUSALITO, CA
- CIK
- 0001904664
- Portfolio Value
- $292.1M (Q4 2024)
- SEC Filing
- 0001904664-25-000001 ↗ filed Jan 22, 2025
Holdings Value
Holdings 43 stocks · $292.1M
| WELL Welltower Inc. | 7.80% | 180,750 | $22.8M | Add +0.2% |
| DLR Digital Realty Trust Inc. | 7.74% | 127,560 | $22.6M | Add +0.2% |
| EQIX Equinix Inc. | 7.65% | 23,709 | $22.4M | Add +1.7% |
| SPG Simon Property Group Inc. | 7.39% | 125,398 | $21.6M | Add +3.1% |
| PLD Prologis Inc. | 6.61% | 182,621 | $19.3M | Add +12.1% |
| AMT American Tower Corp. | 6.43% | 102,371 | $18.8M | Add +10.2% |
| EXR Extra Space Storage Inc. | 4.79% | 93,473 | $14.0M | Add +8.0% |
| AVB Avalonbay Communities Inc. | 4.78% | 63,461 | $14.0M | Add +9.2% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 4.65% | 129,266 | $13.6M | Add +7.8% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 3.69% | 150,245 | $10.8M | Add +7.5% |
| VTR Ventas Inc. | 3.65% | 181,249 | $10.7M | Add +9.4% |
| ESS Essex Property Trust Inc. | 2.77% | 28,367 | $8.1M | Add +9.1% |
| MAA Mid-America Apartment Comm | 2.72% | 51,374 | $7.9M | Add +9.6% |
| KIM Kimco Realty Corp. | 2.39% | 297,807 | $7.0M | Add +9.6% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 2.36% | 56,083 | $6.9M | Add +9.9% |
| ARE Alexandria Real Estate Equit | 2.32% | 69,445 | $6.8M | Add +13.8% |
| DOC Healthpeak Properties Inc. | 2.11% | 304,219 | $6.2M | Add +11.1% |
| UDR Udr Inc. | 2.05% | 137,862 | $6.0M | Add +6.1% |
| REG Regency Centers Corp. | 1.88% | 74,157 | $5.5M | Add +4.9% |
| HST Host Hotels & Resorts Inc. | 1.86% | 309,446 | $5.4M | Add +9.4% |
| ELS Equity Lifestyle Properties | 1.81% | 79,516 | $5.3M | Add +9.8% |
| BXP BXP Inc. | 1.68% | 65,910 | $4.9M | Add +7.6% |
| REXR Rexford Industrial Realty Inc. | 1.30% | 97,967 | $3.8M | Add +9.4% |
| FRT Federal Realty Invs Trust | 1.27% | 33,024 | $3.7M | Add +12.3% |
| BRX Brixmor Property Group Inc. | 1.26% | 132,159 | $3.7M | Add +10.6% |
| VNO Vornado Realty Trust | 1.01% | 70,508 | $3.0M | Add +3.3% |
| STAG Stag Industrial Inc. | 0.92% | 79,516 | $2.7M | Add +5.2% |
| COLD Americold Realty Trust Inc. | 0.85% | 116,360 | $2.5M | Add +3.9% |
| SLG SL Green Realty Corp. | 0.70% | 29,976 | $2.0M | Add +11.4% |
| MAC The Macerich Co. | 0.69% | 101,486 | $2.0M | Add +16.3% |
| KRC Kilroy Realty Corp. | 0.64% | 46,000 | $1.9M | Add +13.3% |
| LXP LXP Industrial Trust | 0.36% | 130,062 | $1.1M | Add +8.3% |
| DRH Diamondrock Hospitality Co. | 0.26% | 82,570 | $746K | Add +2.1% |
| RLJ RLJ Lodging Trust | 0.21% | 60,726 | $620K | Add +26.5% |
| VRE Veris Residential Inc. | 0.21% | 36,688 | $610K | Add +15.8% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.20% | 31,268 | $590K | Add +22.1% |
| ESRT Empire State Realty Trust-A | 0.20% | 55,749 | $575K | Add +4.5% |
| AAT American Assets Trust Inc. | 0.19% | 20,869 | $548K | No change |
| JBGS JBG Smith Properties | 0.17% | 31,650 | $486K | No change |
| ALEX Alexander & Baldwin Inc. | 0.15% | 24,144 | $428K | New |
| CSR Centerspace | 0.14% | 6,004 | $397K | Add +27.5% |
| BDN Brandywine Realty Trust | 0.13% | 66,296 | $371K | No change |
| HUDSON PAC PPTYS INC | 0.04% | 36,698 | $111K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| None this quarter. | |||
Portfolio Buys Q3 2024 → Q4 2024
| DLR Digital Realty Trust Inc. | Add +0.2% | 7.74% | +0.64 |
| EQIX Equinix Inc. | Add +1.7% | 7.65% | +0.52 |
| SPG Simon Property Group Inc. | Add +3.1% | 7.39% | +0.31 |
| AVB Avalonbay Communities Inc. | Add +9.2% | 4.78% | +0.27 |
| KIM Kimco Realty Corp. | Add +9.6% | 2.39% | +0.21 |
| MAA Mid-America Apartment Comm | Add +9.6% | 2.72% | +0.15 |
| ALEX Alexander & Baldwin Inc. | New | 0.15% | +0.15 |
| MAC The Macerich Co. | Add +16.3% | 0.69% | +0.14 |
| HST Host Hotels & Resorts Inc. | Add +9.4% | 1.86% | +0.14 |
| ESS Essex Property Trust Inc. | Add +9.1% | 2.77% | +0.12 |
| REG Regency Centers Corp. | Add +4.9% | 1.88% | +0.12 |
| BRX Brixmor Property Group Inc. | Add +10.6% | 1.26% | +0.11 |
| VMRK Vivmark Residential | Add +7.5% | 3.69% | +0.10 |
| FRT Federal Realty Invs Trust | Add +12.3% | 1.27% | +0.10 |
| KRC Kilroy Realty Corp. | Add +13.3% | 0.64% | +0.10 |
| VNO Vornado Realty Trust | Add +3.3% | 1.01% | +0.09 |
| RLJ RLJ Lodging Trust | Add +26.5% | 0.21% | +0.06 |
| SLG SL Green Realty Corp. | Add +11.4% | 0.70% | +0.05 |
| ELS Equity Lifestyle Properties | Add +9.8% | 1.81% | +0.03 |
| UMH Umh Properties Inc. | Add +22.1% | 0.20% | +0.03 |
| CSR Centerspace | Add +27.5% | 0.14% | +0.02 |
| UDR Udr Inc. | Add +6.1% | 2.05% | +0.02 |
| VRE Veris Residential Inc. | Add +15.8% | 0.21% | +0.01 |
| DRH Diamondrock Hospitality Co. | Add +2.1% | 0.26% | +0.01 |
| ESRT Empire State Realty Trust-A | Add +4.5% | 0.20% | −0.01 |
| VTR Ventas Inc. | Add +9.4% | 3.65% | −0.01 |
| SUI Sun Communities Inc. | Add +9.9% | 2.36% | −0.02 |
| BXP BXP Inc. | Add +7.6% | 1.68% | −0.02 |
| DOC Healthpeak Properties Inc. | Add +11.1% | 2.11% | −0.05 |
| LXP LXP Industrial Trust | Add +8.3% | 0.36% | −0.05 |
| STAG Stag Industrial Inc. | Add +5.2% | 0.92% | −0.10 |
| WELL Welltower Inc. | Add +0.2% | 7.80% | −0.17 |
| ARE Alexandria Real Estate Equit | Add +13.8% | 2.32% | −0.18 |
| COLD Americold Realty Trust Inc. | Add +3.9% | 0.85% | −0.24 |
| REXR Rexford Industrial Realty Inc. | Add +9.4% | 1.30% | −0.26 |
| IRM Iron Mountain Inc. | Add +7.8% | 4.65% | −0.26 |
| PLD Prologis Inc. | Add +12.1% | 6.61% | −0.48 |
| EXR Extra Space Storage Inc. | Add +8.0% | 4.79% | −0.59 |
| AMT American Tower Corp. | Add +10.2% | 6.43% | −1.02 |
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 |