Filed: 5/18/2026ACC: 0001067926-26-000004
📋 What this filing means
ADELANTE CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 42 equity positions with a total reported market value of $1.46B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
42
Positions
$1.46B
Total AUM (reported)
20.60M
Total Shares
Allocation by class
COM$1.46B100.0%
Portfolio Concentration
Top 3$506.81M34.7%
4–10$447.05M30.6%
11–25$400.86M27.4%
Rest$107.73M7.4%
Top 3 weight
34.7%
Top 10 weight
65.2%
Voting Authority Distribution
Total shares with voting rights: 20.60M
Sole
Full voting authority
11.63M
shares
% of voting shares56.4%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
8.97M
shares
% of voting shares43.6%
Investment Discretion (by position count)
Sole42
Shared0
Other0
Dominant voting typeSole · 56.4% of voting shares
Institutional Holdings42
Rows:
Welltower Inc.
SOLEShares1.03M
TypeSH
Market value$203.46M
13.91%
Sole
624.80K
Shared
0.00
None
404.27K
ProLogis Inc.
SOLEShares1.32M
TypeSH
Market value$174.74M
11.95%
Sole
795.04K
Shared
0.00
None
526.93K
Equinix Inc.
SOLEShares131.21K
TypeSH
Market value$128.61M
8.79%
Sole
79.12K
Shared
0.00
None
52.09K
Digital Realty Trust
SOLEShares478.30K
TypeSH
Market value$86.19M
5.89%
Sole
296.05K
Shared
0.00
None
182.24K
Simon Property Group, Inc.
SOLEShares449.33K
TypeSH
Market value$83.81M
5.73%
Sole
291.74K
Shared
0.00
None
157.59K
Realty Income
SOLEShares1.19M
TypeSH
Market value$73.02M
4.99%
Sole
736.55K
Shared
0.00
None
457K
AvalonBay Communities, Inc.
SOLEShares325.18K
TypeSH
Market value$53.12M
3.63%
Sole
196.01K
Shared
0.00
None
129.17K
Equity Residential
SOLEShares894.21K
TypeSH
Market value$52.89M
3.62%
Sole
568.60K
Shared
0.00
None
325.60K
Ventas, Inc.
SOLEShares616.21K
TypeSH
Market value$50.39M
3.45%
Sole
404.17K
Shared
0.00
None
212.04K
Brookdale Senior Living
SOLEShares1.03M
TypeSH
Market value$47.62M
3.26%
Sole
393.68K
Shared
0.00
None
633.72K
Kimco Realty Corp.
SOLEShares1.91M
TypeSH
Market value$42.83M
2.93%
Sole
1.17M
Shared
0.00
None
735.11K
Iron Mountain
SOLEShares356.93K
TypeSH
Market value$36.46M
2.49%
Sole
218.69K
Shared
0.00
None
138.25K
Brixmor Property Group
SOLEShares1.26M
TypeSH
Market value$36.22M
2.48%
Sole
796.64K
Shared
0.00
None
460.84K
Equity Lifestyle Properties
SOLEShares553.06K
TypeSH
Market value$34.52M
2.36%
Sole
363.68K
Shared
0.00
None
189.39K
Vici Properties
SOLEShares1.24M
TypeSH
Market value$33.76M
2.31%
Sole
590.09K
Shared
0.00
None
645.54K
Agree Realty Corporation
SOLEShares440.18K
TypeSH
Market value$33.18M
2.27%
Sole
244.53K
Shared
0.00
None
195.65K
First Industrial Realty Trust,
SOLEShares544.61K
TypeSH
Market value$31.51M
2.15%
Sole
297.78K
Shared
0.00
None
246.83K
American Homes 4 Rent
SOLEShares904K
TypeSH
Market value$25.24M
1.73%
Sole
523.59K
Shared
0.00
None
380.41K
Vornado Realty Trust
SOLEShares798.18K
TypeSH
Market value$20.74M
1.42%
Sole
310.33K
Shared
0.00
None
487.85K
Ryman Hospitality Properties
SOLEShares218.85K
TypeSH
Market value$20.19M
1.38%
Sole
127.01K
Shared
0.00
None
91.84K
Essential Properties Realty
SOLEShares650.13K
TypeSH
Market value$19.74M
1.35%
Sole
251.25K
Shared
0.00
None
398.87K
Mid-America Apartment Communit
SOLEShares156.16K
TypeSH
Market value$19.07M
1.30%
Sole
86.19K
Shared
0.00
None
69.98K
CBRE Group
SOLEShares132.09K
TypeSH
Market value$17.89M
1.22%
Sole
81.56K
Shared
0.00
None
50.54K
Alexandria Real Estate Equitie
SOLEShares357.45K
TypeSH
Market value$16.59M
1.13%
Sole
185.78K
Shared
0.00
None
171.67K
Caretrust REIT Inc
SOLEShares352.46K
TypeSH
Market value$12.92M
0.88%
Sole
224.08K
Shared
0.00
None
128.38K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Welltower Inc.SOLE | COM | 1.03M | SH | $203.46M 13.91% | 624.80K | 0.00 | 404.27K |
ProLogis Inc.SOLE | COM | 1.32M | SH | $174.74M 11.95% | 795.04K | 0.00 | 526.93K |
Equinix Inc.SOLE | COM | 131.21K | SH | $128.61M 8.79% | 79.12K | 0.00 | 52.09K |
Digital Realty TrustSOLE | COM | 478.30K | SH | $86.19M 5.89% | 296.05K | 0.00 | 182.24K |
Simon Property Group, Inc.SOLE | COM | 449.33K | SH | $83.81M 5.73% | 291.74K | 0.00 | 157.59K |
Realty IncomeSOLE | COM | 1.19M | SH | $73.02M 4.99% | 736.55K | 0.00 | 457K |
AvalonBay Communities, Inc.SOLE | COM | 325.18K | SH | $53.12M 3.63% | 196.01K | 0.00 | 129.17K |
Equity ResidentialSOLE | COM | 894.21K | SH | $52.89M 3.62% | 568.60K | 0.00 | 325.60K |
Ventas, Inc.SOLE | COM | 616.21K | SH | $50.39M 3.45% | 404.17K | 0.00 | 212.04K |
Brookdale Senior LivingSOLE | COM | 1.03M | SH | $47.62M 3.26% | 393.68K | 0.00 | 633.72K |
Kimco Realty Corp.SOLE | COM | 1.91M | SH | $42.83M 2.93% | 1.17M | 0.00 | 735.11K |
Iron MountainSOLE | COM | 356.93K | SH | $36.46M 2.49% | 218.69K | 0.00 | 138.25K |
Brixmor Property GroupSOLE | COM | 1.26M | SH | $36.22M 2.48% | 796.64K | 0.00 | 460.84K |
Equity Lifestyle PropertiesSOLE | COM | 553.06K | SH | $34.52M 2.36% | 363.68K | 0.00 | 189.39K |
Vici PropertiesSOLE | COM | 1.24M | SH | $33.76M 2.31% | 590.09K | 0.00 | 645.54K |
Agree Realty CorporationSOLE | COM | 440.18K | SH | $33.18M 2.27% | 244.53K | 0.00 | 195.65K |
First Industrial Realty Trust,SOLE | COM | 544.61K | SH | $31.51M 2.15% | 297.78K | 0.00 | 246.83K |
American Homes 4 RentSOLE | COM | 904K | SH | $25.24M 1.73% | 523.59K | 0.00 | 380.41K |
Vornado Realty TrustSOLE | COM | 798.18K | SH | $20.74M 1.42% | 310.33K | 0.00 | 487.85K |
Ryman Hospitality PropertiesSOLE | COM | 218.85K | SH | $20.19M 1.38% | 127.01K | 0.00 | 91.84K |
Essential Properties RealtySOLE | COM | 650.13K | SH | $19.74M 1.35% | 251.25K | 0.00 | 398.87K |
Mid-America Apartment CommunitSOLE | COM | 156.16K | SH | $19.07M 1.30% | 86.19K | 0.00 | 69.98K |
CBRE GroupSOLE | COM | 132.09K | SH | $17.89M 1.22% | 81.56K | 0.00 | 50.54K |
Alexandria Real Estate EquitieSOLE | COM | 357.45K | SH | $16.59M 1.13% | 185.78K | 0.00 | 171.67K |
Caretrust REIT IncSOLE | COM | 352.46K | SH | $12.92M 0.88% | 224.08K | 0.00 | 128.38K |
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