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Portfolio (Quarterly) Guide ↗

Adelante Capital Management LLC

· CIK 0001067926
13F Portfolio $1.5B AUM 42 positions Filed Aug 17, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 5 New 14 Added 23 Reduced 5 Exited
Page 2 of 3  ·  42 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MAA Mid-America Apartment Communit Real Estate 157,364.0 $21.9M 1.44% +1K +0.8% $138.94 -5.5%
22 DOC Healthpeak Properties Real Estate 1,009,623.0 $21.6M 1.42% NEW $21.40 +0.0%
23 ESS Essex Property Trust, Inc. Real Estate 67,992.0 $19.8M 1.30% NEW $291.59 -0.9%
24 LAMR Lamar Advertising Co-A Real Estate 122,594.0 $19.1M 1.26% +70K +134.4% $155.98 -3.3%
25 KIM Kimco Realty Corp. Real Estate 739,084.0 $18.7M 1.23% -1.2M -61.2% $25.35 -5.2%
26 EPRT Essential Properties Realty Real Estate 549,615.0 $16.4M 1.08% -101K -15.5% $29.85 +3.3%
27 Janus Living Inc 544,072.0 $15.6M 1.03% +234K +75.5% $28.74
28 IVT Inventrust Properties Real Estate 378,545.0 $13.4M 0.88% +49K +14.7% $35.40 -7.7%
29 MAC The Macerich Company Real Estate 499,198.0 $12.6M 0.83% +69K +16.0% $25.19 -3.2%
30 Millrose Properties 410,847.0 $12.3M 0.81% -33K -7.5% $30.05
31 FR First Industrial Realty Trust, Real Estate 576,611.0 $11.4M 0.75% +32K +5.9% $19.80 +217.8%
32 PSA Public Storage Real Estate 245,064.0 $10.3M 0.68% -20K -7.7% $42.22 +663.8%
33 EGP Eastgroup Properties Real Estate 43,962.0 $8.9M 0.58% -3K -7.1% $202.54 -0.8%
34 AMT American Tower Corp. Real Estate 52,165.0 $8.5M 0.56% -2K -3.9% $163.58 +7.5%
35 BKD Brookdale Senior Living Healthcare 504,410.0 $8.1M 0.53% -523K -50.9% $16.09 -26.7%
36 CBRE CBRE Group Real Estate 133,209.0 $6.2M 0.41% +1K +0.8% $46.35 +228.1%
37 BXP BXP, Inc. Real Estate 84,018.0 $5.6M 0.37% +6K +7.2% $66.31 +2.1%
38 SLG SL Green Realty Corp. Real Estate 106,160.0 $5.5M 0.36% +1K +1.1% $51.77 +11.0%
39 ARE Alexandria Real Estate Equitie Real Estate 68,285.0 $3.6M 0.24% -289K -80.9% $52.85 +1.2%
40 SBAC SBA Communications Real Estate 15,505.0 $2.7M 0.18% NEW $176.46 +3.5%
Page 2 of 3  ·  42 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Real Estate 99.4%
Healthcare 0.5%
Consumer Cyclical 0.1%