CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC
CIK 1033984 · View on SEC EDGAR ↗
- Portfolio value
- $5.5B
- Positions
- 101
- As of
- June 30, 2026
#743 of 9,443 by 13F value · top 7.9%
Portfolio value QoQ: -17.9% 13F does not disclose cash
- Top 10 holdings weight
- 41.76%
- Top 25 holdings weight
- 68.13%
- Positions above 1%
- 32
- Effective number of positions
- 30.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 9.81% Est. buys $602,782,822 · sells $2,217,118,520
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 70.6% still held
- New positions
- 10
- Increased
- 25
- Decreased
- 56
- Closed
- 5
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.
- Biggest new bets Brand-new positions opened in the latest quarter.
- 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: +12.3% · S&P 500: +18.0%
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: 99.4% · Options excluded: 0.0%
Sector breakdown
Real Estate
77.2%
Utilities
17.0%
Energy
3.2%
Consumer Discretionary
0.5%
Industrials
0.4%
Other/Unmapped
1.8%
Full portfolio 101 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| WELL Welltower Inc. Common Stock | $617,322,539 | 11.15% | 2,719,842 | $22,841,587 | Down ×2 | ||
| EQIX Equinix, Inc. - Common Stock | $424,833,341 | 7.67% | 407,557 | $-93,354,851 | Down ×2 | ||
| PLD Prologis, Inc. Common Stock | $233,850,075 | 4.22% | 1,726,213 | $-54,816,637 | Down ×1 | ||
| UDR UDR, Inc. Common Stock | $175,267,283 | 3.16% | 4,390,463 | $89,601,000 | Up ×1 | ||
| BRX Brixmor Property Group Inc. Common Stock | $161,000,725 | 2.91% | 5,106,271 | $19,427,787 | Up ×1 | ||
| EGP EastGroup Properties, Inc. Common Stock | $158,290,359 | 2.86% | 781,565 | $11,806,801 | Down ×1 | ||
| VTR Ventas, Inc. Common Stock | $144,501,665 | 2.61% | 1,627,271 | $-10,064,743 | Down ×1 | ||
| EQR Equity Residential Common Shares of Beneficial Interest | $138,581,344 | 2.50% | 2,040,061 | $46,808,581 | Up ×3 | ||
| REG Regency Centers Corporation - Common Stock | $130,519,548 | 2.36% | 1,636,814 | $34,782,637 | Up ×1 | ||
| IRM Iron Mountain Incorporated (Delaware)Common Stock REIT | $128,145,663 | 2.31% | 1,014,533 | $1,705,025 | Down ×2 | ||
| XEL Xcel Energy Inc. - Common Stock | $126,555,691 | 2.29% | 1,576,036 | $-79,807,265 | Down ×1 | ||
| CUBE CubeSmart Common Shares | $126,421,671 | 2.28% | 3,178,820 | $13,015,906 | Up ×1 | ||
| AMT American Tower Corporation (REIT) Common Stock | $125,187,645 | 2.26% | 765,346 | $-66,415,331 | Down ×1 | ||
| SPG Simon Property Group, Inc. Common Stock | $112,774,618 | 2.04% | 504,246 | $-112,849,272 | Down ×5 | ||
| AMH American Homes 4 Rent Common Shares of Beneficial Interest | $112,014,119 | 2.02% | 3,341,710 | $21,234,193 | Up ×1 | ||
| FR First Industrial Realty Trust, Inc. Common Stock | $98,987,080 | 1.79% | 1,614,534 | $-29,936,042 | Down ×3 | ||
| STAG Stag Industrial, Inc. Common Stock | $98,289,379 | 1.77% | 2,582,485 | $-16,043,142 | Down ×3 | ||
| SUI Sun Communities, Inc. Common Stock | $92,076,371 | 1.66% | 767,879 | $24,467,845 | Up ×2 | ||
| AEP American Electric Power Company, Inc. - Common Stock | $89,951,754 | 1.62% | 657,494 | $-8,561,551 | Down ×1 | ||
| SO Southern Company (The) Common Stock | $83,728,544 | 1.51% | 874,815 | $11,808,886 | Up ×2 | ||
| CPT Camden Property Trust Common Stock | $80,316,567 | 1.45% | 701,516 | $5,005,277 | Down ×1 | ||
| EPRT Essential Properties Realty Trust, Inc. Common Stock | $80,178,563 | 1.45% | 2,686,049 | $13,284,978 | Up ×2 | ||
| WMB Williams Companies, Inc. (The) Common Stock | $79,543,949 | 1.44% | 1,070,002 | $78,355,670 | Up ×2 | ||
| AHR American Healthcare REIT, Inc. Common Stock | $79,359,940 | 1.43% | 1,521,763 | $20,030,726 | Up ×1 | ||
| RHP Ryman Hospitality Properties, Inc. (REIT) | $75,005,968 | 1.35% | 583,477 | ||||
| CEG Constellation Energy Corporation - Common Stock When-Issued | $74,154,837 | 1.34% | 298,566 | $-41,744,525 | Down ×1 | ||
| ATO Atmos Energy Corporation Common Stock | $73,545,681 | 1.33% | 426,921 | $-66,463,397 | Down ×1 | ||
| PPL PPL Corporation Common Stock | $73,451,863 | 1.33% | 2,020,684 | $-103,019,798 | Down ×1 | ||
| PCG Pacific Gas & Electric Co. Common Stock | $73,249,839 | 1.32% | 4,354,925 | $-46,843,255 | Down ×2 | ||
| EVRG Evergy, Inc. - Common Stock | $65,767,871 | 1.19% | 760,938 | $-48,071,602 | Down ×1 | ||
| GLPI Gaming and Leisure Properties, Inc. - Common Stock | $62,108,707 | 1.12% | 1,394,761 | $-3,228,425 | Down ×1 | ||
| WEC WEC Energy Group, Inc. Common Stock | $57,335,471 | 1.04% | 491,012 | $-101,969,953 | Down ×1 | ||
| DLR Digital Realty Trust, Inc. Common Stock | $54,638,652 | 0.99% | 304,258 | $-25,393,690 | Down ×1 | ||
| CUZ Cousins Properties Incorporated Common Stock | $46,446,905 | 0.84% | 1,549,263 | $19,139,123 | Up ×2 | ||
| VNO Vornado Realty Trust Common Stock | $46,036,649 | 0.83% | 1,171,416 | $9,435,218 | Down ×3 | ||
| O Realty Income Corporation Common Stock | $45,287,060 | 0.82% | 730,908 | $-37,476,020 | Down ×1 | ||
| PSA Public Storage Common Stock | $43,613,881 | 0.79% | 137,017 | $-15,785,769 | Down ×2 | ||
| GTY Getty Realty Corporation Common Stock | $43,432,085 | 0.78% | 1,301,921 | $-133,533 | Down ×1 | ||
| EXR Extra Space Storage Inc Common Stock | $42,431,814 | 0.77% | 292,029 | $16,866,447 | Up ×1 | ||
| TRGP Targa Resources, Inc. Common Stock | $40,882,501 | 0.74% | 152,467 | $-43,340,965 | Down ×3 | ||
| FRT Federal Realty Investment Trust Common Stock | $40,810,128 | 0.74% | 330,607 | $22,235,911 | Up ×2 | ||
| Unknown issuer (CUSIP: 471024109) | $39,595,874 | 0.72% | 1,377,727 | $27,152,328 | Up ×1 | ||
| OGE OGE Energy Corp Common Stock | $37,773,542 | 0.68% | 776,275 | $-49,279,517 | Down ×2 | ||
| PEG Public Service Enterprise Group Incorporated Common Stock | $36,490,429 | 0.66% | 449,611 | $-141,693,149 | Down ×1 | ||
| COLD Americold Realty Trust, Inc. Common Stock | $35,634,693 | 0.64% | 2,266,838 | $28,754,143 | Up ×1 | ||
| Unknown issuer (CUSIP: 09264B107) | $35,456,740 | 0.64% | 1,639,239 | Up ×1 | |||
| SKT Tanger Inc. Common Stock | $34,743,389 | 0.63% | 880,248 | $7,920,223 | Up ×1 | ||
| LNG Cheniere Energy, Inc. Common Stock | $30,065,785 | 0.54% | 125,793 | $-114,563,849 | Down ×2 | ||
| AVB AvalonBay Communities, Inc. Common Stock | $29,297,519 | 0.53% | 155,268 | $5,795,701 | Up ×1 | ||
| SHO Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. Common Shares | $28,934,161 | 0.52% | 2,527,001 | $-6,760,792 | Down ×5 | ||
| CCI Crown Castle Inc. Common Stock | $28,519,085 | 0.51% | 376,589 | $-17,181,119 | Down ×2 | ||
| HLT Hilton Worldwide Holdings Inc. Common Stock | $28,469,790 | 0.51% | 86,152 | $3,293,182 | Up ×2 | ||
| D Dominion Energy, Inc. Common Stock | $25,232,745 | 0.46% | 369,494 | $2,390,626 | |||
| OHI Omega Healthcare Investors, Inc. Common Stock | $24,651,895 | 0.45% | 517,028 | $-52,488,044 | Down ×2 | ||
| WPC W. P. Carey Inc. REIT | $24,308,427 | 0.44% | 339,978 | ||||
| OKE ONEOK, Inc. Common Stock | $23,918,585 | 0.43% | 275,116 | $-2,547,607 | Down ×1 | ||
| IVT InvenTrust Properties Corp. Common Stock | $22,486,576 | 0.41% | 635,214 | Up ×1 | |||
| UNP Union Pacific Corporation Common Stock | $22,472,640 | 0.41% | 82,620 | $-10,523,680 | Down ×2 | ||
| MAC Macerich Company (The) Common Stock | $22,155,562 | 0.40% | 879,538 | ||||
| CPK Chesapeake Utilities Corporation Common Stock | $22,147,079 | 0.40% | 180,822 | $-10,306,759 | Down ×1 | ||
| ESS Essex Property Trust, Inc. Common Stock | $20,550,680 | 0.37% | 70,478 | $5,864,910 | Up ×1 | ||
| CMS CMS Energy Corporation Common Stock | $20,237,386 | 0.37% | 264,541 | $-83,156,738 | Down ×2 | ||
| REXR Rexford Industrial Realty, Inc. Common Stock | $19,803,559 | 0.36% | 591,151 | $-5,095 | Down ×1 | ||
| INVH Invitation Homes Inc. Common Stock | $19,599,885 | 0.35% | 648,788 | $8,779,251 | Up ×1 | ||
| ELS Equity Lifestyle Properties, Inc. Common Stock | $18,840,024 | 0.34% | 292,320 | $568,691 | Down ×1 | ||
| MAA Mid-America Apartment Communities, Inc. Common Stock | $18,004,957 | 0.33% | 129,588 | $2,182,846 | Up ×1 | ||
| AWK American Water Works Company, Inc. Common Stock | $16,946,188 | 0.31% | 128,790 | $-10,433,759 | Down ×1 | ||
| ETR Entergy Corporation Common Stock | $15,587,765 | 0.28% | 135,711 | $-122,835,822 | Down ×2 | ||
| OGS ONE Gas, Inc. Common Stock | $13,733,335 | 0.25% | 178,193 | $-18,249,662 | Down ×1 | ||
| IRT Independence Realty Trust, Inc. Common Stock | $13,217,178 | 0.24% | 791,922 | $280,031 | Down ×2 | ||
| EPR EPR Properties Common Stock | $11,554,722 | 0.21% | 199,185 | $2,236,233 | Up ×1 | ||
| BXP BXP, Inc. Common Stock | $10,579,495 | 0.19% | 159,546 | $-14,861,470 | Down ×3 | ||
| PEBPRF | $10,524,669 | 0.19% | 541,950 | $65,034 | |||
| BNL Broadstone Net Lease, Inc. Common Stock | $10,113,314 | 0.18% | 489,275 | $-2,133,396 | Down ×1 | ||
| ARE Alexandria Real Estate Equities, Inc. Common Stock | $9,412,955 | 0.17% | 178,107 | $1,145,228 | |||
| XIFR XPLR Infrastructure, LP Common Units representing limited partner interests | $9,387,202 | 0.17% | 794,852 | $945,874 | |||
| WTRG Essential Utilities, Inc. Common Stock | $8,806,243 | 0.16% | 229,868 | $-3,339,551 | Down ×3 | ||
| CSR D/B/A Centerspace Common Stock | $8,024,494 | 0.14% | 142,810 | $-5,272,998 | Down ×1 | ||
| PEBPRE | $7,473,385 | 0.13% | 383,644 | $103,584 | |||
| LINE Lineage, Inc. - Common Stock | $7,409,417 | 0.13% | 171,316 | $1,797,105 | |||
| PDM Piedmont Realty Trust, Inc. Class A Common Stock | $7,121,646 | 0.13% | 778,322 | $2,114,511 | Up ×1 | ||
| VICI VICI Properties Inc. Common Stock | $6,379,567 | 0.12% | 240,285 | $-139,688,206 | Down ×2 | ||
| AES The AES Corporation Common Stock | $6,028,324 | 0.11% | 411,209 | $-55,954,445 | Down ×3 | ||
| NTST NetSTREIT Corp. Common Stock | $5,732,020 | 0.10% | 271,274 | $623,931 | |||
| SBAC SBA Communications Corporation - Class A Common Stock | $4,302,801 | 0.08% | 24,384 | $106,071 | |||
| Unknown issuer (CUSIP: 42226B501) | $4,151,209 | 0.07% | 283,359 | Up ×1 | |||
| ESRT Empire State Realty Trust, Inc. Class A Common Stock | $3,721,214 | 0.07% | 687,840 | $144,446 | |||
| LNT Alliant Energy Corporation - Common Stock | $3,557,326 | 0.06% | 46,629 | Up ×1 | |||
| AEE Ameren Corporation Common Stock | $3,470,102 | 0.06% | 30,698 | $2,669,994 | Up ×2 | ||
| KRC Kilroy Realty Corporation Common Stock | $3,399,166 | 0.06% | 90,717 | ||||
| DOC Healthpeak Properties, Inc. Common Stock | $3,268,315 | 0.06% | 152,725 | $-38,516,609 | Down ×3 | ||
| BIP Brookfield Infrastructure Partners LP Limited Partnership Units | $1,824,500 | 0.03% | 50,000 | $-9,390,760 | Down ×3 | ||
| UE Urban Edge Properties Common Shares of Beneficial Interest | $1,721,537 | 0.03% | 75,242 | ||||
| NEE NextEra Energy, Inc. Common Stock | $1,559,673 | 0.03% | 17,770 | $-1,374,592 | Down ×3 | ||
| WY Weyerhaeuser Company Common Stock | $1,438,794 | 0.03% | 60,100 | $-29,449 | |||
| CWEN Clearway Energy, Inc. Class C Common Stock | $889,159 | 0.02% | 26,014 | ||||
| MAR Marriott International - Class A Common Stock | $731,174 | 0.01% | 1,973 | $-182,005 | Down ×2 | ||
| KMI Kinder Morgan, Inc. Common Stock | $181,973 | 0.00% | 5,692 | $-27,623 | Down ×1 | ||
| NSC Norfolk Southern Corporation Common Stock | $83,366 | 0.00% | 265 | $-596,250 | Down ×5 | ||
| HST Host Hotels & Resorts, Inc. - Common Stock | $69,636 | 0.00% | 2,937 | $-16,821,437 | Down ×2 | ||
| 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 |
|---|---|---|---|
| EQR | $138,581,344 | 2.50% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| RHP | $75,005,968 | 583,477 | 1.35% |
| Unknown issuer (CUSIP: 09264B107) | $35,456,740 | 1,639,239 | 0.64% |
| WPC | $24,308,427 | 339,978 | 0.44% |
| IVT | $22,486,576 | 635,214 | 0.41% |
| MAC | $22,155,562 | 879,538 | 0.40% |
| Unknown issuer (CUSIP: 42226B501) | $4,151,209 | 283,359 | 0.07% |
| LNT | $3,557,326 | 46,629 | 0.06% |
| KRC | $3,399,166 | 90,717 | 0.06% |
| UE | $1,721,537 | 75,242 | 0.03% |
| CWEN | $889,159 | 26,014 | 0.02% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| PEG | Trimmed | -1.8M | -$141.7M |
| LNG | Trimmed | -384K | -$114.6M |
| SPG | Trimmed | -705K | -$112.8M |
| PPL | Trimmed | -2.6M | -$103.0M |
| WEC | Trimmed | -885K | -$102.0M |
| EQIX | Trimmed | -121K | -$93.4M |
| UDR | Bought more | +1.9M | +$89.6M |
| XEL | Trimmed | -1.0M | -$79.8M |
| ATO | Trimmed | -331K | -$66.5M |
| AMT | Trimmed | -345K | -$66.4M |
4 positions hidden (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 |
|---|---|---|---|---|
| EVRG | Sept. 30, 2025 | 931,841 | $64,231,800 | 8.6% |
| ADC | June 30, 2025 | 821,090 | $63,379,937 | 1.7% |
| ED | June 30, 2025 | 503,749 | $55,709,602 | 7.6% |
| SO | Sept. 30, 2025 | 599,631 | $55,064,115 | -3.9% |
| ED | March 31, 2026 | 508,222 | $50,476,609 | -4.6% |
| ELME | Dec. 31, 2025 | 1,764,378 | $29,747,413 | -90.3% |
| CWT | June 30, 2026 | 647,515 | $29,358,330 | 2.7% |
| NEEPRR | Sept. 30, 2025 | 737,300 | $29,300,302 | No longer tracked |
| ELS | Sept. 30, 2025 | 464,333 | $28,635,416 | 7.5% |
| EPD | March 31, 2025 | 731,712 | $22,946,488 | 12.7% |
| SRE | Dec. 31, 2025 | 225,600 | $20,299,488 | -2.2% |
| CWEN | March 31, 2026 | 608,327 | $20,232,956 | -16.1% |
| VRE | March 31, 2026 | 1,350,832 | $20,100,380 | No longer tracked |
| CSX | March 31, 2026 | 542,675 | $19,671,969 | 25.4% |
| POR | Dec. 31, 2025 | 425,039 | $18,701,716 | 5.0% |
| HIW | March 31, 2025 | 542,107 | $16,577,632 | 5.9% |
| LAMR | June 30, 2026 | 125,028 | $15,836,046 | -2.9% |
| LXPXXXX | Dec. 31, 2025 | 1,730,817 | $15,508,120 | No longer tracked |
| HR | Sept. 30, 2025 | 941,911 | $14,938,708 | 7.8% |
| KRG | Sept. 30, 2025 | 634,744 | $14,376,952 | 17.9% |
| MAA | Dec. 31, 2025 | 96,439 | $13,475,421 | -5.0% |
| SMA | March 31, 2026 | 371,785 | $11,503,028 | 14.1% |
| BNL | June 30, 2025 | 652,710 | $11,122,178 | 32.0% |
| ROIC | March 31, 2025 | 581,300 | $10,091,368 | No longer tracked |
| MAR | Sept. 30, 2025 | 36,257 | $9,905,775 | 37.1% |
| FVR | June 30, 2025 | 765,666 | $9,792,868 | 66.8% |
| RHP | Dec. 31, 2025 | 109,229 | $9,785,826 | 35.8% |
| NSA | March 31, 2026 | 316,068 | $8,916,278 | No longer tracked |
| GLPI | Sept. 30, 2025 | 181,997 | $8,495,620 | -6.8% |
| PK | March 31, 2026 | 800,659 | $8,374,893 | 50.7% |
| NI | June 30, 2025 | 206,239 | $8,268,122 | 2.9% |
| KRG | March 31, 2025 | 259,455 | $6,548,644 | 17.5% |
| MAA | March 31, 2025 | 39,176 | $6,055,434 | -21.2% |
| NNN | March 31, 2025 | 139,347 | $5,692,325 | 8.0% |
| UE | Dec. 31, 2025 | 237,176 | $4,854,993 | 12.0% |
| KIM | Dec. 31, 2025 | 206,448 | $4,510,889 | 19.2% |
| UNITXXXX | Sept. 30, 2025 | 999,800 | $4,319,136 | No longer tracked |
| CURB | June 30, 2026 | 139,113 | $3,587,724 | -2.1% |
| KRC | June 30, 2025 | 107,514 | $3,522,159 | 6.8% |
| CDP | June 30, 2026 | 107,503 | $3,289,592 | 2.4% |
| AEP | March 31, 2025 | 32,620 | $3,008,543 | 13.0% |
| UNIT | March 31, 2026 | 380,042 | $2,664,094 | 6.4% |
| AKR | March 31, 2025 | 102,204 | $2,469,249 | 0.7% |
| PEB | June 30, 2025 | 235,250 | $2,383,083 | 86.5% |
| LXP | June 30, 2026 | 51,192 | $2,368,142 | 12.9% |
| EXC | March 31, 2025 | 55,531 | $2,090,187 | -2.7% |
| DRH | Sept. 30, 2025 | 228,492 | $1,750,249 | 61.2% |
| ALEX | Dec. 31, 2025 | 94,337 | $1,715,990 | No longer tracked |
| HPP | March 31, 2025 | 454,631 | $1,377,532 | -29.4% |
| XHR | Dec. 31, 2025 | 100,065 | $1,372,892 | 38.1% |
| FCPT | Sept. 30, 2025 | 45,364 | $1,220,745 | 4.2% |
| CURB | June 30, 2025 | 46,803 | $1,132,165 | 30.3% |
| CNP | March 31, 2025 | 33,992 | $1,078,566 | 9.1% |
| WPC | Dec. 31, 2025 | 14,747 | $996,455 | 11.4% |
| MAC | June 30, 2025 | 51,487 | $884,032 | 52.2% |
| AIV | Sept. 30, 2025 | 76,019 | $657,564 | -67.0% |
| MPT | Dec. 31, 2025 | 100,100 | $507,507 | -18.1% |
| DTE | June 30, 2025 | 2,211 | $305,715 | 4.1% |
| KMI | Dec. 31, 2025 | 8,886 | $251,563 | 14.8% |
| ES | March 31, 2026 | 3,337 | $224,680 | 3.8% |
| PAGP | Dec. 31, 2025 | 11,626 | $212,058 | 41.4% |
| MAC | Dec. 31, 2025 | 11,043 | $200,983 | 33.4% |
| SITC | June 30, 2025 | 14,316 | $183,817 | -73.3% |