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Vert Asset Management LLC

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13F filer, CIK 1904664, SAUSALITO, CA

Vert Asset Management LLC reported $274,594,392 across 45 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-07-18. Its ten largest share positions make up 63.14% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001904664-25-000004

Period
2025-06-30
Reported value
$275M
Holdings
45
Top 10 weight
63.14%
New
0
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
PLDadded+11,176$1.17M
CUZadded+2,218$66.6K
CSRadded+372$22.4K
COLDadded+1,247$20.7K
KRCadded+106$3.64K

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
DLRreduced-13,165-$2.3M
AMTreduced-6,614-$1.46M
WELLreduced-6,061-$932K
EXRreduced-5,870-$865K
VMRKreduced-12,439-$840K

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, Q2 2025

Share positions as resolved from 13F-HR 0001904664-25-000004, largest first. % of portfolio is the value over $274,594,392, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
DLRDIGITAL RLTY TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 127,278 shares; 2024Q4: 127,560 shares; 2025Q1: 139,469 shares; 2025Q2: 126,304 shares 126,304$22M8.02%-13,165Timeline
AMTAMERICAN TOWER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 92,860 shares; 2024Q4: 102,371 shares; 2025Q1: 99,864 shares; 2025Q2: 93,250 shares 93,250$20.6M7.51%-6,614Timeline
WELLWELLTOWER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 180,451 shares; 2024Q4: 180,750 shares; 2025Q1: 139,486 shares; 2025Q2: 133,425 shares 133,425$20.5M7.47%-6,061Timeline
SPGSIMON PPTY GROUP INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 121,615 shares; 2024Q4: 125,398 shares; 2025Q1: 123,422 shares; 2025Q2: 123,237 shares 123,237$19.8M7.21%-185Timeline
PLDPROLOGIS INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 162,871 shares; 2024Q4: 182,621 shares; 2025Q1: 173,075 shares; 2025Q2: 184,251 shares 184,251$19.4M7.05%+11,176Timeline
EQIXEQUINIX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 23,319 shares; 2024Q4: 23,709 shares; 2025Q1: 24,459 shares; 2025Q2: 23,621 shares 23,621$18.8M6.84%-838Timeline
EXREXTRA SPACE STORAGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 86,563 shares; 2024Q4: 93,473 shares; 2025Q1: 99,270 shares; 2025Q2: 93,400 shares 93,400$13.8M5.01%-5,870Timeline
IRMIRON MTN INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 119,937 shares; 2024Q4: 129,266 shares; 2025Q1: 136,046 shares; 2025Q2: 129,482 shares 129,482$13.3M4.84%-6,564Timeline
AVBAVALONBAY CMNTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 58,111 shares; 2024Q4: 63,461 shares; 2025Q1: 66,660 shares; 2025Q2: 62,841 shares 62,841$12.8M4.66%-3,819Timeline
VTRVENTAS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 165,614 shares; 2024Q4: 181,249 shares; 2025Q1: 198,184 shares; 2025Q2: 196,887 shares 196,887$12.4M4.53%-1,297Timeline
VMRKVIVMARK RESIDENTIALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 139,773 shares; 2024Q4: 150,245 shares; 2025Q1: 158,633 shares; 2025Q2: 146,194 shares 146,194$9.87M3.59%-12,439Timeline
ESSESSEX PPTY TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,001 shares; 2024Q4: 28,367 shares; 2025Q1: 29,940 shares; 2025Q2: 28,406 shares 28,406$8.05M2.93%-1,534Timeline
MAAMID-AMER APT CMNTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 46,875 shares; 2024Q4: 51,374 shares; 2025Q1: 53,988 shares; 2025Q2: 50,831 shares 50,831$7.52M2.74%-3,157Timeline
KIMKIMCO REALTY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 271,790 shares; 2024Q4: 297,807 shares; 2025Q1: 315,773 shares; 2025Q2: 299,794 shares 299,794$6.3M2.29%-15,979Timeline
UDRUDR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 129,983 shares; 2024Q4: 137,862 shares; 2025Q1: 146,679 shares; 2025Q2: 137,778 shares 137,778$5.63M2.05%-8,901Timeline
REGREGENCY CTRS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 70,677 shares; 2024Q4: 74,157 shares; 2025Q1: 79,528 shares; 2025Q2: 76,009 shares 76,009$5.41M1.97%-3,519Timeline
DOCHEALTHPEAK PROPERTIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 273,758 shares; 2024Q4: 304,219 shares; 2025Q1: 325,143 shares; 2025Q2: 297,762 shares 297,762$5.21M1.9%-27,381Timeline
ELSEQUITY LIFESTYLE PROPERTIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 72,424 shares; 2024Q4: 79,516 shares; 2025Q1: 84,780 shares; 2025Q2: 80,165 shares 80,165$4.94M1.8%-4,615Timeline
AREALEXANDRIA REAL ESTATE EQ INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 61,010 shares; 2024Q4: 69,445 shares; 2025Q1: 72,361 shares; 2025Q2: 67,747 shares 67,747$4.92M1.79%-4,614Timeline
HSTHOST HOTELS & RESORTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 282,768 shares; 2024Q4: 309,446 shares; 2025Q1: 329,108 shares; 2025Q2: 310,272 shares 310,272$4.77M1.74%-18,836Timeline
BXPBXP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 61,261 shares; 2024Q4: 65,910 shares; 2025Q1: 69,968 shares; 2025Q2: 66,627 shares 66,627$4.5M1.64%-3,341Timeline
REXRREXFORD INDL RLTY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 89,579 shares; 2024Q4: 97,967 shares; 2025Q1: 105,484 shares; 2025Q2: 103,389 shares 103,389$3.68M1.34%-2,095Timeline
BRXBRIXMOR PPTY GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 119,534 shares; 2024Q4: 132,159 shares; 2025Q1: 141,157 shares; 2025Q2: 133,136 shares 133,136$3.47M1.26%-8,021Timeline
FRTFEDERAL RLTY INVT TR NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,407 shares; 2024Q4: 33,024 shares; 2025Q1: 35,429 shares; 2025Q2: 34,253 shares 34,253$3.25M1.18%-1,176Timeline
STAGSTAG INDUSTRIAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 75,568 shares; 2024Q4: 79,516 shares; 2025Q1: 85,121 shares; 2025Q2: 78,294 shares 78,294$2.84M1.03%-6,827Timeline
VNOVORNADO RLTY TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 68,282 shares; 2024Q4: 70,508 shares; 2025Q1: 71,740 shares; 2025Q2: 67,435 shares 67,435$2.58M0.94%-4,305Timeline
CUZCOUSINS PPTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 68,664 shares; 2025Q2: 70,882 shares 70,882$2.13M0.78%+2,218Timeline
COLDAMERICOLD REALTY TRUST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 111,967 shares; 2024Q4: 116,360 shares; 2025Q1: 123,235 shares; 2025Q2: 124,482 shares 124,482$2.07M0.75%+1,247Timeline
PECOPHILLIPS EDISON & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 54,045 shares; 2025Q2: 52,737 shares 52,737$1.85M0.67%-1,308Timeline
SLGSL GREEN RLTY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,909 shares; 2024Q4: 29,976 shares; 2025Q1: 30,572 shares; 2025Q2: 28,906 shares 28,906$1.79M0.65%-1,666Timeline
MACMACERICH COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 87,258 shares; 2024Q4: 101,486 shares; 2025Q1: 112,971 shares; 2025Q2: 108,157 shares 108,157$1.75M0.64%-4,814Timeline
KRCKILROY REALTY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 40,581 shares; 2024Q4: 46,000 shares; 2025Q1: 47,060 shares; 2025Q2: 47,166 shares 47,166$1.62M0.59%+106Timeline
LXPLXP INDUSTRIAL TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 120,140 shares; 2024Q4: 130,062 shares; 2025Q1: 147,919 shares; 2025Q2: 133,569 shares 133,569$1.1M0.4%-14,350Timeline
UEURBAN EDGE PPTYSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 54,200 shares; 2025Q2: 50,276 shares 50,276$938K0.34%-3,924Timeline
DRHDIAMONDROCK HOSPITALITY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 80,841 shares; 2024Q4: 82,570 shares; 2025Q1: 88,930 shares; 2025Q2: 85,474 shares 85,474$655K0.24%-3,456Timeline
ALEXALEXANDER & BALDWIN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 24,144 shares; 2025Q1: 33,864 shares; 2025Q2: 32,880 shares 32,880$586K0.21%-984Timeline
UMHUMH PPTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,598 shares; 2024Q4: 31,268 shares; 2025Q1: 37,318 shares; 2025Q2: 34,594 shares 34,594$581K0.21%-2,724Timeline
VREVERIS RESIDENTIAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,690 shares; 2024Q4: 36,688 shares; 2025Q1: 36,688 shares; 2025Q2: 36,256 shares 36,256$540K0.2%-432Timeline
JBGSJBG SMITH PPTYSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,650 shares; 2024Q4: 31,650 shares; 2025Q1: 31,650 shares; 2025Q2: 31,074 shares 31,074$538K0.2%-576Timeline
RLJRLJ LODGING TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 48,012 shares; 2024Q4: 60,726 shares; 2025Q1: 74,557 shares; 2025Q2: 67,864 shares 67,864$494K0.18%-6,693Timeline
ESRTEMPIRE ST RLTY TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 53,349 shares; 2024Q4: 55,749 shares; 2025Q1: 55,749 shares; 2025Q2: 56,073 shares 56,073$454K0.17%+324Timeline
AATAMERICAN ASSETS TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,869 shares; 2024Q4: 20,869 shares; 2025Q1: 20,869 shares; 2025Q2: 20,869 shares 20,869$412K0.15%0Timeline
CSRCENTERSPACEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,709 shares; 2024Q4: 6,004 shares; 2025Q1: 6,004 shares; 2025Q2: 6,376 shares 6,376$384K0.14%+372Timeline
BDNBRANDYWINE RLTY TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 66,296 shares; 2024Q4: 66,296 shares; 2025Q1: 66,296 shares; 2025Q2: 66,296 shares 66,296$284K0.1%0Timeline
HPPHUDSON PAC PPTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 36,698 shares; 2024Q4: 36,698 shares; 2025Q1: 36,698 shares; 2025Q2: 36,698 shares 36,698$101K0.04%0Timeline

How Q2 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 0001904664-25-000004 base2025-07-18acceptance time not in the bulk data set