American Assets Capital Advisers
CIK 1626691 · View on SEC EDGAR ↗
- Portfolio value
- $94.7M
- Positions
- 36
- As of
- Sept. 30, 2025 Data as of Q3 2025
Portfolio value QoQ: -4.8% 13F does not disclose cash
- Top 10 holdings weight
- 62.86%
- Top 25 holdings weight
- 94.04%
- Positions above 1%
- 25
- Effective number of positions
- 18.0
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q3 2025: 8.1% Est. buys $7,868,480 · sells $14,214,044
Median holding: 4.0 quarters Tracked Q4 2024–Q3 2025 · 83.7% still held
- New positions
- 0
- Increased
- 18
- Decreased
- 12
- Closed
- 4
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: -15.9% · S&P 500: +18.3%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 36 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VGSH Vanguard Short-Term Treasury ETF | $13,585,817 | 14.34% | 230,855 | $16,160 | |||
| FTAI FTAI Aviation Ltd. - Common Stock | $7,147,949 | 7.54% | 42,838 | $1,707,937 | Down ×2 | ||
| AMT American Tower Corporation (REIT) Common Stock | $6,386,178 | 6.74% | 33,206 | $-871,456 | Up ×1 | ||
| PLD Prologis, Inc. Common Stock | $5,663,014 | 5.98% | 49,450 | $1,007,670 | Up ×3 | ||
| FIP FTAI Infrastructure Inc. - Common Stock | $5,615,676 | 5.93% | 1,287,999 | $-5,284,832 | Down ×2 | ||
| EQIX Equinix, Inc. - Common Stock | $5,066,780 | 5.35% | 6,469 | $-1,018,566 | Down ×3 | ||
| CZR Caesars Entertainment, Inc. - Common Stock | $4,597,196 | 4.85% | 170,109 | $2,209,597 | Up ×1 | ||
| DLR Digital Realty Trust, Inc. Common Stock | $4,192,859 | 4.43% | 24,253 | $-85,374 | Down ×3 | ||
| SPG Simon Property Group, Inc. Common Stock | $4,133,995 | 4.36% | 22,028 | $508,696 | Down ×3 | ||
| MAC Macerich Company (The) Common Stock | $3,172,023 | 3.35% | 174,287 | $-320,333 | Down ×2 | ||
| VTR Ventas, Inc. Common Stock | $2,980,454 | 3.15% | 42,584 | $245,870 | Down ×2 | ||
| CDZI Cadiz, Inc. - Common Stock | $2,837,253 | 2.99% | 601,113 | $-91,613 | Down ×3 | ||
| MGM MGM Resorts International Common Stock | $2,497,877 | 2.64% | 72,068 | $472,581 | Up ×1 | ||
| IRM Iron Mountain Incorporated (Delaware)Common Stock REIT | $2,490,700 | 2.63% | 24,433 | $134,770 | Up ×1 | ||
| CBRE CBRE Group Inc Common Stock Class A | $2,473,377 | 2.61% | 15,698 | $975,774 | Up ×2 | ||
| WELL Welltower Inc. Common Stock | $2,266,475 | 2.39% | 12,723 | $829,714 | Up ×1 | ||
| CCI Crown Castle Inc. Common Stock | $2,239,147 | 2.36% | 23,206 | $112,636 | Up ×1 | ||
| EXR Extra Space Storage Inc Common Stock | $2,183,161 | 2.30% | 15,490 | $459 | Up ×1 | ||
| CSGP CoStar Group, Inc. - Common Stock | $2,055,591 | 2.17% | 24,364 | $835,843 | Up ×2 | ||
| PSA Public Storage Common Stock | $1,452,049 | 1.53% | 5,027 | $212,349 | Up ×1 | ||
| ARE Alexandria Real Estate Equities, Inc. Common Stock | $1,443,115 | 1.52% | 17,316 | $185,454 | |||
| Z Zillow Group, Inc. - Class C Capital Stock | $1,258,115 | 1.33% | 15,621 | $781,215 | Up ×1 | ||
| INVH Invitation Homes Inc. Common Stock | $1,225,026 | 1.29% | 41,767 | $-276,361 | Down ×3 | ||
| AVB AvalonBay Communities, Inc. Common Stock | $1,146,078 | 1.21% | 5,933 | $208,350 | Up ×1 | ||
| SBAC SBA Communications Corporation - Class A Common Stock | $992,079 | 1.05% | 5,131 | $-212,885 | |||
| EQR Equity Residential Common Shares of Beneficial Interest | $923,956 | 0.98% | 14,274 | $142,624 | Up ×1 | ||
| WY Weyerhaeuser Company Common Stock | $721,538 | 0.76% | 29,106 | $151,426 | Up ×1 | ||
| REXR Rexford Industrial Realty, Inc. Common Stock | $626,475 | 0.66% | 15,239 | $-865,295 | Down ×3 | ||
| SUI Sun Communities, Inc. Common Stock | $594,561 | 0.63% | 4,609 | $-620,122 | Down ×3 | ||
| NLY Annaly Capital Management Inc. Common Stock | $553,208 | 0.58% | 27,373 | $104,765 | Up ×1 | ||
| AGNC AGNC Investment Corp. - Common Stock | $461,275 | 0.49% | 47,117 | $111,880 | Up ×1 | ||
| AMH American Homes 4 Rent Common Shares of Beneficial Interest | $443,389 | 0.47% | 13,335 | $34,716 | Up ×1 | ||
| KEX Kirby Corporation Common Stock | $426,596 | 0.45% | 5,112 | $-390,863 | Down ×3 | ||
| ELS Equity Lifestyle Properties, Inc. Common Stock | $426,235 | 0.45% | 7,022 | $-6,812 | |||
| CUBE CubeSmart Common Shares | $347,033 | 0.37% | 8,535 | $-15,705 | |||
| COLD Americold Realty Trust, Inc. Common Stock | $123,183 | 0.13% | 10,064 | $-44,181 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| PLD | $5,663,014 | 5.98% | up ×3 |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| WYNN | June 30, 2025 | 167,829 | $14,013,722 | 7.0% |
| DBRG | March 31, 2025 | 1,220,714 | $13,769,654 | 80.6% |
| CZR | March 31, 2025 | 245,905 | $8,218,145 | 18.7% |
| IIPR | March 31, 2025 | 63,351 | $4,221,711 | 4.6% |
| NFE | Sept. 30, 2025 | 721,483 | $2,395,324 | -86.6% |
| GEV | Sept. 30, 2025 | 3,013 | $1,594,329 | 57.8% |
| VICI | Sept. 30, 2025 | 36,184 | $1,179,598 | -18.7% |
| BX | Sept. 30, 2025 | 3,443 | $515,004 | -16.1% |