Heitman Real Estate Securities LLC
CIK 1080117 · View on SEC EDGAR ↗
- Portfolio value
- $1.6B
- Positions
- 57
- As of
- June 30, 2026
#1,812 of 9,443 by 13F value · top 19.2%
Portfolio value QoQ: +12.0% 13F does not disclose cash
- Top 10 holdings weight
- 53.81%
- Top 25 holdings weight
- 83.21%
- Positions above 1%
- 32
- Effective number of positions
- 21.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 21.32% Est. buys $331,834,261 · sells $314,465,252
Median holding: 6.0 quarters Tracked Q4 2024–Q2 2026 · 67.9% still held
- New positions
- 6
- Increased
- 16
- Decreased
- 30
- Closed
- 6
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.
- 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: +13.5% · 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: 99.6% · Options excluded: 0.0%
Sector breakdown
Real Estate
97.5%
Other/Unmapped
2.5%
Full portfolio 57 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| WELL Welltower Inc. Common Stock | $207,841,195 | 13.34% | 915,721 | $46,555,308 | Up ×1 | ||
| PLD Prologis, Inc. Common Stock | $129,897,442 | 8.34% | 958,865 | $10,368 | Down ×3 | ||
| EQIX Equinix, Inc. - Common Stock | $100,553,109 | 6.45% | 96,464 | $-34,318,113 | Down ×1 | ||
| DLR Digital Realty Trust, Inc. Common Stock | $88,122,241 | 5.65% | 490,713 | $37,283,558 | Up ×2 | ||
| SPG Simon Property Group, Inc. Common Stock | $63,205,727 | 4.06% | 282,610 | $1,695,035 | Down ×2 | ||
| ESS Essex Property Trust, Inc. Common Stock | $62,320,364 | 4.00% | 213,726 | $28,626,946 | Up ×2 | ||
| EQR Equity Residential Common Shares of Beneficial Interest | $49,425,053 | 3.17% | 727,588 | $-2,748,264 | Down ×1 | ||
| EXR Extra Space Storage Inc Common Stock | $48,193,831 | 3.09% | 331,685 | $6,346,052 | Up ×2 | ||
| IRM Iron Mountain Incorporated (Delaware)Common Stock REIT | $45,183,740 | 2.90% | 357,721 | $18,668,809 | Up ×1 | ||
| ADC Agree Realty Corporation Common Stock | $43,779,538 | 2.81% | 578,024 | $31,685,420 | Up ×1 | ||
| AMH American Homes 4 Rent Common Shares of Beneficial Interest | $40,944,244 | 2.63% | 1,221,487 | ||||
| Unknown issuer (CUSIP: 471024109) | $38,832,971 | 2.49% | 1,351,182 | $24,127,837 | Up ×1 | ||
| CURB Curbline Properties Corp. Common Stock | $36,736,515 | 2.36% | 1,208,438 | $19,681,923 | Up ×1 | ||
| FR First Industrial Realty Trust, Inc. Common Stock | $36,040,777 | 2.31% | 587,845 | $1,718,835 | Down ×1 | ||
| AKR Acadia Realty Trust Common Stock | $33,921,624 | 2.18% | 1,622,268 | $8,795,458 | Up ×1 | ||
| PSA Public Storage Common Stock | $33,194,322 | 2.13% | 104,283 | $4,965,646 | Up ×1 | ||
| VTR Ventas, Inc. Common Stock | $32,577,523 | 2.09% | 366,864 | $-26,424,621 | Down ×2 | ||
| BXP BXP, Inc. Common Stock | $29,884,259 | 1.92% | 450,675 | $29,500,147 | Up ×2 | ||
| DRH Diamondrock Hospitality Company - Common Stock | $29,740,868 | 1.91% | 2,441,779 | $4,680,344 | Down ×1 | ||
| O Realty Income Corporation Common Stock | $26,850,180 | 1.72% | 433,347 | $-46,019,483 | Down ×1 | ||
| MAC Macerich Company (The) Common Stock | $25,203,174 | 1.62% | 1,000,523 | $3,751,561 | Down ×1 | ||
| NTST NetSTREIT Corp. Common Stock | $24,930,907 | 1.60% | 1,179,882 | $-7,286,809 | Down ×1 | ||
| CUZ Cousins Properties Incorporated Common Stock | $24,243,507 | 1.56% | 808,656 | $1,953,240 | Down ×2 | ||
| STAG Stag Industrial, Inc. Common Stock | $22,957,069 | 1.47% | 603,181 | $-1,755,318 | Down ×2 | ||
| CUBE CubeSmart Common Shares | $22,215,562 | 1.43% | 558,601 | $2,195,023 | Up ×1 | ||
| SUI Sun Communities, Inc. Common Stock | $19,288,363 | 1.24% | 160,857 | $-2,413,537 | Down ×1 | ||
| WPC W. P. Carey Inc. REIT | $19,195,820 | 1.23% | 268,473 | $12,911,695 | Up ×2 | ||
| RHP Ryman Hospitality Properties, Inc. (REIT) | $18,738,605 | 1.20% | 145,769 | ||||
| MAA Mid-America Apartment Communities, Inc. Common Stock | $18,381,623 | 1.18% | 132,299 | $-9,188,310 | Down ×2 | ||
| DOC Healthpeak Properties, Inc. Common Stock | $17,457,671 | 1.12% | 815,779 | $-9,005,473 | Down ×1 | ||
| CTRE CareTrust REIT, Inc. Common Stock | $17,406,102 | 1.12% | 431,378 | Up ×1 | |||
| VICI VICI Properties Inc. Common Stock | $16,313,223 | 1.05% | 614,434 | $-577,340 | Down ×1 | ||
| CTO CTO Realty Growth, Inc. Common Stock | $15,281,823 | 0.98% | 710,452 | $1,549,374 | Down ×1 | ||
| AMT American Tower Corporation (REIT) Common Stock | $14,563,128 | 0.93% | 89,033 | $1,587,010 | Up ×2 | ||
| COLD Americold Realty Trust, Inc. Common Stock | $13,032,886 | 0.84% | 829,064 | $5,966,066 | Up ×1 | ||
| OUT OUTFRONT Media Inc. Common Stock | $12,721,199 | 0.82% | 388,315 | $-1,951,560 | Down ×2 | ||
| GTY Getty Realty Corporation Common Stock | $12,278,582 | 0.79% | 368,063 | Up ×1 | |||
| ARE Alexandria Real Estate Equities, Inc. Common Stock | $10,249,782 | 0.66% | 193,941 | $7,302,901 | Up ×1 | ||
| BNL Broadstone Net Lease, Inc. Common Stock | $10,155,481 | 0.65% | 491,315 | ||||
| FRT Federal Realty Investment Trust Common Stock | $7,918,799 | 0.51% | 64,151 | $-8,961,475 | Down ×1 | ||
| ELS Equity Lifestyle Properties, Inc. Common Stock | $7,520,606 | 0.48% | 116,689 | $-3,954,936 | Down ×2 | ||
| GLPI Gaming and Leisure Properties, Inc. - Common Stock | $6,554,771 | 0.42% | 147,199 | $-25,611 | Down ×3 | ||
| CCI Crown Castle Inc. Common Stock | $5,864,455 | 0.38% | 77,439 | $-432,110 | |||
| CPT Camden Property Trust Common Stock | $5,626,840 | 0.36% | 49,147 | ||||
| WY Weyerhaeuser Company Common Stock | $4,606,056 | 0.30% | 192,400 | $-94,276 | |||
| SBAC SBA Communications Corporation - Class A Common Stock | $3,364,210 | 0.22% | 19,065 | $-541,310 | Down ×2 | ||
| OHI Omega Healthcare Investors, Inc. Common Stock | $789,867 | 0.05% | 16,566 | $-18,817,786 | Down ×3 | ||
| PEB Pebblebrook Hotel Trust Common Shares of Beneficial Interest | $538,472 | 0.03% | 27,742 | $77,553 | Down ×1 | ||
| VNO Vornado Realty Trust Common Stock | $495,377 | 0.03% | 12,605 | $85,177 | Down ×1 | ||
| SHO Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. Common Shares | $452,229 | 0.03% | 39,496 | $23,758 | Down ×1 | ||
| AVB AvalonBay Communities, Inc. Common Stock | $440,591 | 0.03% | 2,335 | $-12,624,632 | Down ×1 | ||
| DEI Douglas Emmett, Inc. Common Stock | $438,217 | 0.03% | 37,137 | $26,695 | Down ×1 | ||
| HR Healthcare Realty Trust Incorporated Common Stock | $433,917 | 0.03% | 21,513 | $36,827 | Down ×2 | ||
| TRNO Terreno Realty Corporation Common Stock | $417,378 | 0.03% | 6,444 | $21,588 | |||
| ESRT Empire State Realty Trust, Inc. Class A Common Stock | $401,065 | 0.03% | 74,134 | $15,568 | |||
| REXR Rexford Industrial Realty, Inc. Common Stock | $397,210 | 0.03% | 11,857 | $9,130 | |||
| EPRPRE | $248,918 | 0.02% | 7,835 | $1,746 | Down ×2 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| WELL | Bought more | +100K | +$46.6M |
| O | Trimmed | -758K | -$46.0M |
| DLR | Bought more | +209K | +$37.3M |
| EQIX | Trimmed | -41K | -$34.3M |
| ADC | Bought more | +418K | +$31.7M |
| ESS | Bought more | +74K | +$28.6M |
| VTR | Trimmed | -355K | -$26.4M |
| — | Bought more | +727K | +$24.1M |
| CURB | Bought more | +547K | +$19.7M |
| IRM | Bought more | +98K | +$18.7M |
2 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 |
|---|---|---|---|---|
| CPT | June 30, 2025 | 469,352 | $57,401,750 | -4.0% |
| INVH | June 30, 2025 | 1,633,844 | $56,939,463 | -8.0% |
| ELS | March 31, 2025 | 779,274 | $51,899,648 | -2.2% |
| BRX | March 31, 2026 | 1,849,851 | $48,503,093 | 2.3% |
| AMH | Sept. 30, 2025 | 1,185,805 | $42,771,986 | 3.9% |
| STAG | June 30, 2025 | 1,072,896 | $38,753,004 | 1.0% |
| FCPT | March 31, 2025 | 1,312,923 | $35,632,730 | -11.4% |
| ELS | Sept. 30, 2025 | 567,948 | $35,025,353 | 7.5% |
| RHP | March 31, 2026 | 364,735 | $34,511,226 | 39.2% |
| SUI | June 30, 2025 | 261,514 | $33,641,161 | -3.1% |
| KRG | Dec. 31, 2025 | 1,412,826 | $31,506,020 | 9.7% |
| REG | Dec. 31, 2025 | 387,119 | $28,220,975 | 10.9% |
| EPRT | Sept. 30, 2025 | 791,579 | $25,259,286 | 4.3% |
| HST | June 30, 2025 | 1,720,921 | $24,454,287 | 50.9% |
| SBRA | Sept. 30, 2025 | 1,234,266 | $22,759,865 | 9.8% |
| BNL | March 31, 2026 | 1,289,541 | $22,399,327 | 15.9% |
| RLJ | March 31, 2025 | 2,066,375 | $21,097,689 | 46.3% |
| VICI | Dec. 31, 2025 | 631,907 | $20,606,487 | -5.7% |
| INVH | June 30, 2026 | 744,823 | $18,508,852 | -0.1% |
| CCI | Dec. 31, 2025 | 175,880 | $16,970,661 | -14.5% |
| OUTXXXX | March 31, 2025 | 888,941 | $15,769,813 | No longer tracked |
| UE | Sept. 30, 2025 | 687,972 | $12,837,558 | 5.0% |
| KRG | March 31, 2025 | 507,017 | $12,797,109 | 17.5% |
| LTC | Dec. 31, 2025 | 346,614 | $12,776,192 | 18.2% |
| UDR | Sept. 30, 2025 | 291,788 | $11,913,704 | 1.3% |
| XHR | June 30, 2026 | 793,790 | $11,771,906 | -4.1% |
| BRX | June 30, 2025 | 437,447 | $11,614,218 | 13.2% |
| KIM | March 31, 2025 | 478,279 | $11,206,077 | 13.7% |
| SLG | June 30, 2026 | 302,833 | $11,186,651 | 12.8% |
| OUT | Sept. 30, 2025 | 634,424 | $10,353,800 | 62.7% |
| DRH | June 30, 2025 | 1,285,489 | $9,923,975 | 67.6% |
| PK | March 31, 2026 | 667,204 | $6,978,954 | 50.7% |
| HIW | June 30, 2026 | 293,803 | $6,290,322 | 4.1% |
| SBAC | Sept. 30, 2025 | 26,015 | $6,109,363 | -5.5% |
| AHR | March 31, 2025 | 196,157 | $5,574,782 | 84.2% |
| FVR | Sept. 30, 2025 | 434,606 | $5,215,272 | 46.0% |
| CURB | Dec. 31, 2025 | 221,145 | $4,931,534 | 28.2% |
| AD | Dec. 31, 2025 | 97,346 | $4,868,273 | -34.0% |
| EGP | Dec. 31, 2025 | 26,362 | $4,462,032 | 14.3% |
| UE | June 30, 2026 | 221,395 | $4,423,472 | -6.1% |
| MPT | Dec. 31, 2025 | 802,397 | $4,068,153 | -18.1% |
| PCH | Dec. 31, 2025 | 97,086 | $3,956,255 | No longer tracked |
| WY | Sept. 30, 2025 | 94,006 | $2,415,014 | -0.4% |
| FCPT | March 31, 2026 | 72,097 | $1,662,557 | 7.5% |
| VRE | June 30, 2026 | 23,386 | $441,294 | No longer tracked |
| PGRE | March 31, 2025 | 74,202 | $366,558 | No longer tracked |
| HPP | March 31, 2025 | 93,418 | $283,057 | -29.4% |