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GRS Advisors, LLC

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13F filer, CIK 1544554, Chicago, IL

GRS Advisors, LLC reported $1,114,668,673 across 33 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 56.04% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-26-000846

Period
2025-12-31
Reported value
$1.11B
Holdings
33
Top 10 weight
56.04%
New
6
Sold out
4

Largest buys vs the previous quarter

SecurityShares changeApprox. value
WHadded+901,098$68.1M
SBACadded+253,421$49M
REGnew+694,169$47.9M
DBRGnew+2,571,868$39.5M
CPTnew+345,599$38M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
Hexited-439,810-$62.4M
MTNreduced-437,137-$58.1M
CCIreduced-601,791-$53.5M
FRTreduced-310,172-$31.3M
TOLexited-205,612-$28.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001172661-26-000846, largest first. % of portfolio is the value over $1,114,668,673, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
EQIXEQUINIX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 63,124 shares; 2024Q4: 42,598 shares; 2025Q1: 47,236 shares; 2025Q2: 81,072 shares; 2025Q3: 80,895 shares; 2025Q4: 105,044 shares 105,044$80.5M7.22%+24,149Timeline
OUTOUTFRONT MEDIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,545,582 shares; 2025Q2: 2,188,906 shares; 2025Q3: 2,468,232 shares; 2025Q4: 3,286,607 shares 3,286,607$79.2M7.11%+818,375Timeline
WHWYNDHAM HOTELS & RESORTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 602,350 shares; 2024Q4: 370,643 shares; 2025Q1: 5,046 shares; 2025Q2: 5,046 shares; 2025Q3: 5,046 shares; 2025Q4: 906,144 shares 906,144$68.5M6.14%+901,098Timeline
RHPRYMAN HOSPITALITY PPTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 396,988 shares; 2025Q3: 511,078 shares; 2025Q4: 719,104 shares 719,104$68M6.1%+208,026Timeline
CCICROWN CASTLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 622,178 shares; 2025Q3: 1,294,803 shares; 2025Q4: 693,012 shares 693,012$61.6M5.53%-601,791Timeline
CTRECARETRUST REIT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,599,922 shares; 2024Q4: 1,599,922 shares; 2025Q1: 1,415,422 shares; 2025Q2: 865,875 shares; 2025Q3: 1,550,583 shares; 2025Q4: 1,658,698 shares 1,658,698$60M5.38%+108,115Timeline
AHRAMERICAN HEALTHCARE REIT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,715,289 shares; 2024Q4: 1,744,252 shares; 2025Q1: 1,275,125 shares; 2025Q2: 1,828,328 shares; 2025Q3: 1,480,722 shares; 2025Q4: 1,164,327 shares 1,164,327$54.8M4.92%-316,395Timeline
LINELINEAGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 104,267 shares; 2024Q4: 336,954 shares; 2025Q1: 875,998 shares; 2025Q2: 828,252 shares; 2025Q3: 1,105,351 shares; 2025Q4: 1,515,244 shares 1,515,244$53M4.76%+409,893Timeline
SBACSBA COMMUNICATIONS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 352,716 shares; 2024Q4: 358,808 shares; 2025Q1: 134,288 shares; 2025Q2: 154,379 shares; 2025Q3: 10,835 shares; 2025Q4: 264,256 shares 264,256$51.1M4.59%+253,421Timeline
REGREGENCY CTRS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 694,169 shares 694,169$47.9M4.3%newTimeline
DBRGDIGITALBRIDGE GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,836,493 shares; 2024Q4: 2,647,194 shares; 2025Q1: 2,521,576 shares; 2025Q2: 1,816,915 shares; 2025Q3: not reported; 2025Q4: 2,571,868 shares 2,571,868$39.5M3.54%newTimeline
CPTCAMDEN PPTY TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 316,446 shares; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 345,599 shares 345,599$38M3.41%newTimeline
CURBCURBLINE PPTYS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,234,702 shares; 2025Q1: 2,510,383 shares; 2025Q2: 2,370,777 shares; 2025Q3: 2,402,558 shares; 2025Q4: 1,599,883 shares 1,599,883$37.1M3.33%-802,675Timeline
PRSUPURSUIT ATTRACTIONS AND HOSPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 787,930 shares; 2025Q4: 1,079,979 shares 1,079,979$36.4M3.26%+292,049Timeline
FRTFEDERAL RLTY INVT TR NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 500,227 shares; 2025Q3: 655,162 shares; 2025Q4: 344,990 shares 344,990$34.8M3.12%-310,172Timeline
MTHMERITAGE HOMES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,343 shares; 2024Q4: 326,620 shares; 2025Q1: 26,236 shares; 2025Q2: 26,236 shares; 2025Q3: not reported; 2025Q4: 514,743 shares 514,743$33.9M3.04%newTimeline
MACMACERICH COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,159,504 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,797,730 shares 1,797,730$33.2M2.98%newTimeline
UDRUDR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 833,572 shares; 2025Q2: 51,016 shares; 2025Q3: 51,016 shares; 2025Q4: 896,430 shares 896,430$32.9M2.95%+845,414Timeline
NCLHNORWEGIAN CRUISE LINE HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,390,358 shares; 2025Q4: 1,415,073 shares 1,415,073$31.6M2.83%+24,715Timeline
CDPCOPT DEFENSE PROPERTIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 977,264 shares; 2025Q4: 1,042,348 shares 1,042,348$29M2.6%+65,084Timeline
VNOVORNADO RLTY TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 791,560 shares; 2025Q4: 848,689 shares 848,689$28.2M2.53%+57,129Timeline
WELLWELLTOWER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,527 shares; 2024Q4: 34,474 shares; 2025Q1: 588,454 shares; 2025Q2: 246,231 shares; 2025Q3: 133,616 shares; 2025Q4: 145,803 shares 145,803$27.1M2.43%+12,187Timeline
HIWHIGHWOODS PPTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,046,985 shares; 2024Q4: not reported; 2025Q1: 890,940 shares; 2025Q2: 1,247,470 shares; 2025Q3: 2,046,809 shares; 2025Q4: 981,523 shares 981,523$25.3M2.27%-1,065,286Timeline
RKTROCKET COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,219,127 shares 1,219,127$23.6M2.12%newTimeline
SKTTANGER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,074,145 shares; 2024Q4: 895,897 shares; 2025Q1: 949,673 shares; 2025Q2: 1,889,097 shares; 2025Q3: 1,178,942 shares; 2025Q4: 694,827 shares 694,827$23.2M2.08%-484,115Timeline
VTRVENTAS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 67,034 shares; 2024Q4: 625,293 shares; 2025Q1: 36,808 shares; 2025Q2: 597,828 shares; 2025Q3: 37,287 shares; 2025Q4: 37,287 shares 37,287$2.89M0.26%0Timeline
DLRDIGITAL RLTY TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 202,324 shares; 2024Q4: not reported; 2025Q1: 409,379 shares; 2025Q2: 199,202 shares; 2025Q3: 104,375 shares; 2025Q4: 16,064 shares 16,064$2.49M0.22%-88,311Timeline
INVHINVITATION HOMES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 77,407 shares; 2025Q4: 84,578 shares 84,578$2.35M0.21%+7,171Timeline
GLPIGAMING & LEISURE PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 46,885 shares; 2025Q2: 46,885 shares; 2025Q3: 46,885 shares; 2025Q4: 46,885 shares 46,885$2.1M0.19%0Timeline
CUBECUBESMARTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 56,153 shares; 2025Q3: 56,153 shares; 2025Q4: 56,153 shares 56,153$2.02M0.18%0Timeline
MTNVAIL RESORTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 456,649 shares; 2025Q3: 452,114 shares; 2025Q4: 14,977 shares 14,977$1.99M0.18%-437,137Timeline
JLLJONES LANG LASALLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 62,554 shares; 2025Q4: 3,926 shares 3,926$1.32M0.12%-58,628Timeline
CBRECBRE GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 116,793 shares; 2025Q4: 7,329 shares 7,329$1.18M0.11%-109,464Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
HHYATT HOTELS CORP439,810$62.4Mshares
TOLTOLL BROTHERS INC205,612$28.4Mshares
PHMPULTE GROUP INC147,637$19.5Mshares
CCLCARNIVAL CORP399,186$11.5Mshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001172661-26-000846 base2026-02-17acceptance time not in the bulk data set