Adelante Capital Management LLC
Adelante Capital Management LLC is a real estate securities investment manager headquartered in Alameda, California. Founded in 1995, the firm specializes in managing investment portfolios of real estate investment trusts (REITs) and other real estate-related securities for institutional clients such as pension funds, foundations, endowments, and high-net-worth individuals.
Investment Strategy
Adelante Capital Management LLC focuses on long-only investments in publicly traded real estate securities, primarily within the United States. Their investment strategy emphasizes bottom-up fundamental research to identify undervalued REITs and other real estate companies, aiming to deliver superior risk-adjusted returns through in-depth sector analysis, security selection, and disciplined portfolio construction.
Top Holdings
Equity Positions (42)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
W WELL | Welltower Inc. | 11.11% | $150.9M | 981,590 | $64.48 | $153.73 | +$3.2M |
E EQIX | Equinix Inc. | 8.20% | $111.4M | 140,006 | $460.28 | $795.47 | -$5.3M |
P PSA | Public Storage | 5.29% | $71.8M | 244,857 | $302.18 | $293.42 | +$67.4M |
D DLR | Digital Realty Trust | 5.22% | $71.0M | 407,136 | $131.55 | $174.33 | +$9.7M |
A AVB | AvalonBay Communities, Inc. | 5.12% | $69.6M | 341,855 | $185.24 | $203.50 | -$4.4M |