Filed: 11/14/2025ACC: 0001172661-25-004843
📋 What this filing means
GRS ADVISORS, LLC filed this quarterly 13F‑HR report disclosing 31 equity positions with a total reported market value of $1.07B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
31
Positions
$1.07B
Total AUM (reported)
21.07M
Total Shares
Allocation by class
COM$705.37M66.0%
SH BEN INT NEW$66.37M6.2%
COM CL A$62.42M5.8%
COM SHS$62.21M5.8%
COM NEW$45.22M4.2%
SHS$34.24M3.2%
SH BEN INT$32.08M3.0%
Portfolio Concentration
Top 3$258.93M24.2%
4–10$406.26M38.0%
11–25$392.03M36.7%
Rest$11.14M1.0%
Top 3 weight
24.2%
Top 10 weight
62.3%
Voting Authority Distribution
Total shares with voting rights: 21.07M
Sole
Full voting authority
21.07M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole31
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings31
Rows:
CROWN CASTLE INC
SOLEShares1.29M
TypeSH
Market value$124.94M
11.69%
Sole
1.29M
Shared
0.00
None
0.00
VAIL RESORTS INC
SOLEShares452.11K
TypeSH
Market value$67.62M
6.33%
Sole
452.11K
Shared
0.00
None
0.00
FEDERAL RLTY INVT TR NEW
SOLEShares655.16K
TypeSH
Market value$66.37M
6.21%
Sole
655.16K
Shared
0.00
None
0.00
HIGHWOODS PPTYS INC
SOLEShares2.05M
TypeSH
Market value$65.13M
6.10%
Sole
2.05M
Shared
0.00
None
0.00
EQUINIX INC
SOLEShares80.89K
TypeSH
Market value$63.36M
5.93%
Sole
80.89K
Shared
0.00
None
0.00
HYATT HOTELS CORP
SOLEShares439.81K
TypeSH
Market value$62.42M
5.84%
Sole
439.81K
Shared
0.00
None
0.00
AMERICAN HEALTHCARE REIT INC
SOLEShares1.48M
TypeSH
Market value$62.21M
5.82%
Sole
1.48M
Shared
0.00
None
0.00
CARETRUST REIT INC
SOLEShares1.55M
TypeSH
Market value$53.77M
5.03%
Sole
1.55M
Shared
0.00
None
0.00
CURBLINE PPTYS CORP
SOLEShares2.40M
TypeSH
Market value$53.58M
5.01%
Sole
2.40M
Shared
0.00
None
0.00
RYMAN HOSPITALITY PPTYS INC
SOLEShares511.08K
TypeSH
Market value$45.79M
4.29%
Sole
511.08K
Shared
0.00
None
0.00
OUTFRONT MEDIA INC
SOLEShares2.47M
TypeSH
Market value$45.22M
4.23%
Sole
2.47M
Shared
0.00
None
0.00
LINEAGE INC
SOLEShares1.11M
TypeSH
Market value$42.71M
4.00%
Sole
1.11M
Shared
0.00
None
0.00
TANGER INC
SOLEShares1.18M
TypeSH
Market value$39.90M
3.73%
Sole
1.18M
Shared
0.00
None
0.00
NORWEGIAN CRUISE LINE HLDG L
SOLEShares1.39M
TypeSH
Market value$34.24M
3.21%
Sole
1.39M
Shared
0.00
None
0.00
VORNADO RLTY TR
SOLEShares791.56K
TypeSH
Market value$32.08M
3.00%
Sole
791.56K
Shared
0.00
None
0.00
PURSUIT ATTRACTIONS AND HOSP
SOLEShares787.93K
TypeSH
Market value$28.51M
2.67%
Sole
787.93K
Shared
0.00
None
0.00
TOLL BROTHERS INC
SOLEShares205.61K
TypeSH
Market value$28.40M
2.66%
Sole
205.61K
Shared
0.00
None
0.00
COPT DEFENSE PROPERTIES
SOLEShares977.26K
TypeSH
Market value$28.40M
2.66%
Sole
977.26K
Shared
0.00
None
0.00
WELLTOWER INC
SOLEShares133.62K
TypeSH
Market value$23.80M
2.23%
Sole
133.62K
Shared
0.00
None
0.00
PULTE GROUP INC
SOLEShares147.64K
TypeSH
Market value$19.51M
1.83%
Sole
147.64K
Shared
0.00
None
0.00
JONES LANG LASALLE INC
SOLEShares62.55K
TypeSH
Market value$18.66M
1.75%
Sole
62.55K
Shared
0.00
None
0.00
CBRE GROUP INC
SOLEShares116.79K
TypeSH
Market value$18.40M
1.72%
Sole
116.79K
Shared
0.00
None
0.00
DIGITAL RLTY TR INC
SOLEShares104.38K
TypeSH
Market value$18.04M
1.69%
Sole
104.38K
Shared
0.00
None
0.00
CARNIVAL CORP
SOLEShares399.19K
TypeSH
Market value$11.54M
1.08%
Sole
399.19K
Shared
0.00
None
0.00
VENTAS INC
SOLEShares37.29K
TypeSH
Market value$2.61M
0.24%
Sole
37.29K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CROWN CASTLE INCSOLE | COM | 1.29M | SH | $124.94M 11.69% | 1.29M | 0.00 | 0.00 |
VAIL RESORTS INCSOLE | COM | 452.11K | SH | $67.62M 6.33% | 452.11K | 0.00 | 0.00 |
FEDERAL RLTY INVT TR NEWSOLE | SH BEN INT NEW | 655.16K | SH | $66.37M 6.21% | 655.16K | 0.00 | 0.00 |
HIGHWOODS PPTYS INCSOLE | COM | 2.05M | SH | $65.13M 6.10% | 2.05M | 0.00 | 0.00 |
EQUINIX INCSOLE | COM | 80.89K | SH | $63.36M 5.93% | 80.89K | 0.00 | 0.00 |
HYATT HOTELS CORPSOLE | COM CL A | 439.81K | SH | $62.42M 5.84% | 439.81K | 0.00 | 0.00 |
AMERICAN HEALTHCARE REIT INCSOLE | COM SHS | 1.48M | SH | $62.21M 5.82% | 1.48M | 0.00 | 0.00 |
CARETRUST REIT INCSOLE | COM | 1.55M | SH | $53.77M 5.03% | 1.55M | 0.00 | 0.00 |
CURBLINE PPTYS CORPSOLE | COM | 2.40M | SH | $53.58M 5.01% | 2.40M | 0.00 | 0.00 |
RYMAN HOSPITALITY PPTYS INCSOLE | COM | 511.08K | SH | $45.79M 4.29% | 511.08K | 0.00 | 0.00 |
OUTFRONT MEDIA INCSOLE | COM NEW | 2.47M | SH | $45.22M 4.23% | 2.47M | 0.00 | 0.00 |
LINEAGE INCSOLE | COM | 1.11M | SH | $42.71M 4.00% | 1.11M | 0.00 | 0.00 |
TANGER INCSOLE | COM | 1.18M | SH | $39.90M 3.73% | 1.18M | 0.00 | 0.00 |
NORWEGIAN CRUISE LINE HLDG LSOLE | SHS | 1.39M | SH | $34.24M 3.21% | 1.39M | 0.00 | 0.00 |
VORNADO RLTY TRSOLE | SH BEN INT | 791.56K | SH | $32.08M 3.00% | 791.56K | 0.00 | 0.00 |
PURSUIT ATTRACTIONS AND HOSPSOLE | COM | 787.93K | SH | $28.51M 2.67% | 787.93K | 0.00 | 0.00 |
TOLL BROTHERS INCSOLE | COM | 205.61K | SH | $28.40M 2.66% | 205.61K | 0.00 | 0.00 |
COPT DEFENSE PROPERTIESSOLE | SHS BEN INT | 977.26K | SH | $28.40M 2.66% | 977.26K | 0.00 | 0.00 |
WELLTOWER INCSOLE | COM | 133.62K | SH | $23.80M 2.23% | 133.62K | 0.00 | 0.00 |
PULTE GROUP INCSOLE | COM | 147.64K | SH | $19.51M 1.83% | 147.64K | 0.00 | 0.00 |
JONES LANG LASALLE INCSOLE | COM | 62.55K | SH | $18.66M 1.75% | 62.55K | 0.00 | 0.00 |
CBRE GROUP INCSOLE | CL A | 116.79K | SH | $18.40M 1.72% | 116.79K | 0.00 | 0.00 |
DIGITAL RLTY TR INCSOLE | COM | 104.38K | SH | $18.04M 1.69% | 104.38K | 0.00 | 0.00 |
CARNIVAL CORPSOLE | UNIT 99/99/9999 | 399.19K | SH | $11.54M 1.08% | 399.19K | 0.00 | 0.00 |
VENTAS INCSOLE | COM | 37.29K | SH | $2.61M 0.24% | 37.29K | 0.00 | 0.00 |
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