B&I Capital AG

CIK 1843527 · View on SEC EDGAR ↗

Portfolio value QoQ: -84.6% 13F does not disclose cash

Top 10 holdings weight68.88%

Top 25 holdings weight97.93%

Positions above 1%22

Effective number of positions15.1

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 1.16% Est. buys $1,965,630 · sells $281,220,740

Median holding: 4.0 quarters Tracked Q1 2025–Q2 2026 · 65.1% still held

New positions5

Increased1

Decreased22

Closed1

Portfolio value $45.3M #8,700 of 9,337 by 13F value · top 93.2%

Positions 28

As of June 30, 2026 Data as of Q2 2026

Performance vs S&P 500

Tracked Q1 2025–Q2 2026 +12.8%

S&P 500 total return (same window) +37.0%

Excess return -24.2%

Annualized: +10.1% · S&P 500: +28.7%

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

Real Estate 99.2%

Other/Unmapped 0.8%

Full portfolio 28 positions

					Streak
PLD Prologis, Inc. Common Stock	$6,097,369	13.45%	45,009	$-37,881,693	Down ×1
WELL Welltower Inc. Common Stock	$5,748,015	12.68%	25,325	$-29,119,725	Down ×2
EQIX Equinix, Inc. - Common Stock	$3,861,013	8.52%	3,704	$-18,547,273	Down ×1
PSA Public Storage Common Stock	$3,230,847	7.13%	10,150	$-16,922,625	Down ×1
AHR American Healthcare REIT, Inc. Common Stock	$3,161,333	6.97%	60,620	$-8,617,820	Down ×1
SPG Simon Property Group, Inc. Common Stock	$2,112,374	4.66%	9,445	$-10,830,010	Down ×1
AVB AvalonBay Communities, Inc. Common Stock	$2,041,626	4.50%	10,820	$-9,152,750	Down ×1
DLR Digital Realty Trust, Inc. Common Stock	$1,759,884	3.88%	9,800	$-10,258,501	Down ×2
IRM Iron Mountain Incorporated (Delaware)Common Stock REIT	$1,709,606	3.77%	13,535	$-10,186,333	Down ×1
MAA Mid-America Apartment Communities, Inc. Common Stock	$1,504,026	3.32%	10,825	$-5,850,651	Down ×1
PECO Phillips Edison & Company, Inc. - Common Stock	$1,459,530	3.22%	35,068	$-8,940,648	Down ×1
IVT InvenTrust Properties Corp. Common Stock	$1,408,920	3.11%	39,800	$-8,041,295	Down ×1
CTRE CareTrust REIT, Inc. Common Stock	$1,266,990	2.79%	31,400	$-9,944,245	Down ×1
EPRT Essential Properties Realty Trust, Inc. Common Stock	$1,122,360	2.48%	37,600	$-7,417,422	Down ×1
ELS Equity Lifestyle Properties, Inc. Common Stock	$1,104,802	2.44%	17,142	$-6,667,861	Down ×1
FCPT Four Corners Property Trust, Inc. Common Stock	$1,083,392	2.39%	44,130	$-7,459,863	Down ×1
AMH American Homes 4 Rent Common Shares of Beneficial Interest	$1,006,606	2.22%	30,030	$-4,183,164	Down ×3
IRT Independence Realty Trust, Inc. Common Stock	$829,159	1.83%	49,680	$-3,555,350	Down ×2
SLG SL Green Realty Corp Common Stock	$745,488	1.64%	14,400	$-3,114,742	Down ×1
VICI VICI Properties Inc. Common Stock	$705,168	1.56%	26,560	$-553,191	Down ×2
CBRE CBRE Group Inc Common Stock Class A	$668,332	1.47%	4,962	$200,995	Up ×1
CUZ Cousins Properties Incorporated Common Stock	$640,673	1.41%	21,370	$-3,034,400	Down ×3
LXP LXP Industrial Trust Common Stock (Maryland REIT)	$433,734	0.96%	8,050		Up ×1
KRC Kilroy Realty Corporation Common Stock	$348,471	0.77%	9,300		Up ×1
EXR Extra Space Storage Inc Common Stock	$345,088	0.76%	2,375		Up ×1
Unknown issuer (CUSIP: 09264B107)	$344,652	0.76%	15,934		Up ×1
MAC Macerich Company (The) Common Stock	$303,086	0.67%	12,032	$-3,934,899	Down ×1
COLD Americold Realty Trust, Inc. Common Stock	$290,034	0.64%	18,450		Up ×1
No matches

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
LXP	$433,734	8,050	0.96%
KRC	$348,471	9,300	0.77%
EXR	$345,088	2,375	0.76%
Unknown issuer (CUSIP: 09264B107)	$344,652	15,934	0.76%
COLD	$290,034	18,450	0.64%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
AHR	Trimmed	-189K	-$8.6M
MAA	Trimmed	-49K	-$5.9M
VICI	Trimmed	-20K	-$553K
CBRE	Bought more	+2K	+$201K

19 positions hidden — reported move looks larger than the position itself (data completeness check)

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
AMT	June 30, 2026	153,488	$26,488,959	0.7%
VTR	Dec. 31, 2025	144,105	$10,085,909	5.6%
CUBE	March 31, 2026	243,840	$8,790,432	2.9%
KIM	Dec. 31, 2025	398,042	$8,697,218	9.4%
OHI	Dec. 31, 2025	186,240	$7,863,053	2.2%
ARE	Dec. 31, 2025	78,473	$6,539,940	-5.3%
UDR	March 31, 2026	171,870	$6,304,192	1.3%
AAT	Dec. 31, 2025	285,996	$5,811,439	13.6%
BXP	June 30, 2025	76,480	$5,138,691	-11.4%
HIW	March 31, 2026	190,820	$4,926,972	38.4%
GTY	Sept. 30, 2025	171,330	$4,735,561	4.6%
VRE	March 31, 2026	184,640	$2,747,443	No longer tracked
SAFE	Dec. 31, 2025	126,174	$1,954,435	-11.6%
SCI	Dec. 31, 2025	11,080	$922,078	-1.6%
EGP	Sept. 30, 2025	3,825	$639,234	13.9%