American Assets Inc.
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust (REIT) headquartered in San Diego, California. Originally founded in 1967 as American Assets Inc, the firm has over 55 years of experience acquiring, developing, and managing premier office, retail, and residential properties throughout the United States, with a focus on dynamic, high-barrier-to-entry markets such as Southern California, Northern California, Washington, Oregon, Texas, and Hawaii. With approximately 226 employees, American Assets Trust serves institutional and retail investors through public equity markets and is led by CEO Adam Wyll. The company became a REIT through its IPO in 2011, succeeding the legacy American Assets, Inc.
Investment Strategy
The firm focuses on acquiring, improving, developing, and managing high-quality office, retail, and multifamily properties in prime U.S. markets with significant barriers to entry. Its strategy emphasizes long-term value creation through disciplined investments in locations with strong economic fundamentals and tenant demand. American Assets Trust typically invests in asset types such as office buildings, shopping centers, mixed-use properties, and multifamily communities, leveraging its deep market knowledge and longstanding relationships to identify and execute on opportunities for both income generation and capital appreciation. The company places a priority on stability, diversification, and prudent risk management in its real estate portfolio.
Top Holdings
Equity Positions (20)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAT | AMERICAN ASSETS TR INC | 51.10% | $147.0M | 7,374,599 | $26.53 | $19.75 | -$1.5M |
W WFC | WELLS FARGO CO NEW | 41.59% | $119.7M | 1,600,626 | $31.16 | $80.12 | +$4.8M |
B BAC | BANK AMERICA CORP | 1.34% | $3.9M | 87,500 | $30.31 | $47.32 | +$210.0K |
X XOM | EXXON MOBIL CORP | 1.24% | $3.6M | 35,000 | $40.86 | $107.80 | -$582.0K |
C COF | CAPITAL ONE FINL CORP | 0.66% | $1.9M | 10,000 | $98.85 | $212.76 | +$98.5K |