CENTERSQUARE INVESTMENT MANAGEMENT LLCCENTERSQUARE INVESTMENT MANAGEMENT LLC

Institutional investor · Portfolio as of Q3 2021

Top Holdings102 positions

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Activity:
PLDPLD
REIT

PROLOGIS INC.

6.2M$781.8M8.0%$64.57+67.64%
11 qtrssince 2019-Q1
Decreased
0
EQIXEQIX
REIT

Equinix, Inc.

781,441$617.4M6.3%$486.57+51.40%
11 qtrssince 2019-Q1
Increased
64
INVHINVH
REIT

INVITATION HOMES INC

12.6M$482.5M4.9%$21.41+50.64%
11 qtrssince 2019-Q1
Decreased
0
VMRKVMRK
REIT

EQUITY RESIDENTIAL

4.4M$356.5M3.7%$57.45+15.25%
11 qtrssince 2019-Q1
Increased
61
AVBAVBDelisted
REIT

AVALONBAY CMNTYS INC

1.5M$326.9M3.3%$154.01+21.10%
11 qtrssince 2019-Q1
Increased
57
WELLWELL
REIT

Welltower Inc.

3.8M$317M3.2%$54.16+34.96%
11 qtrssince 2019-Q1
Decreased
0
UDRUDR
REIT

UDR INC

5.7M$300.3M3.1%$34.24+27.56%
11 qtrssince 2019-Q1
Decreased
0
SUISUI
REIT

SUN CMNTYS INC

1.6M$296.6M3.0%$116.34+33.10%
11 qtrssince 2019-Q1
Increased
58
DLRDLR
REIT

DIGITAL RLTY TR INC

2M$293.6M3.0%$107.35+13.53%
11 qtrssince 2019-Q1
Increased
58
VTRVTR
REIT

Ventas Inc.

5.2M$287.7M2.9%$46.54+0.56%
11 qtrssince 2019-Q1
Increased
59
LSILSIDelisted
REIT

LIFE STORAGE INC

2.5M$282.9M2.9%——
11 qtrssince 2019-Q1
Decreased
0
SPGSPG
REIT

SIMON PPTY GROUP INC NEW

2.2M$282.2M2.9%$97.69+2.00%
11 qtrssince 2019-Q1
Increased
64
PSAPSA
REIT

PUBLIC STORAGE

927,009$275.4M2.8%$205.85+15.48%
11 qtrssince 2019-Q1
Increased
79
BRXBRX
REIT

BRIXMOR PPTY GROUP INC

11.4M$251M2.6%$14.52+29.16%
11 qtrssince 2019-Q1
Increased
68
ACCACCDelisted
REIT

AMERICAN CAMPUS CMNTYS INC

5.1M$249.1M2.6%——
8 qtrssince 2019-Q4
Decreased
0
SBACSBAC
REIT

SBA COMMUNICATIONS CORP NEW

682,818$225.7M2.3%$251.46+24.12%
11 qtrssince 2019-Q1
Decreased
0
DREDRE
REIT

DUKE REALTY CORP

4.7M$224.1M2.3%——
11 qtrssince 2019-Q1
Increased
53
ADCADC
REIT

AGREE RLTY CORP COM

3M$199.3M2.0%$53.85-0.17%
11 qtrssince 2019-Q1
Decreased
0
MPTMPT
REIT

MEDICAL PPTYS TRUST INC

9.3M$185.7M1.9%$13.33+7.16%
8 qtrssince 2019-Q4
Increased
67
REXRREXR
REIT

REXFORD INDL RLTY INC

3.1M$177.5M1.8%$41.12+16.17%
11 qtrssince 2019-Q1
Increased
63
$9.8B
AUM
102
Positions
Q3 2021
Filing
HI score · 4.0/5
Quarterly 13F Value Change
+28%Q2'20$6.8B-1%Q3'20$6.7B+15%Q4'20$7.7B+12%Q1'21$8.6B+14%Q2'21$9.8B-1%Q3'21$9.8B
Activity profile
$ moved · Q3'21
New5%Increased44%Decreased49%Exited3%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.2 years
<1Q1%1-4Q8%1-2Y18%2Y+74%

CENTERSQUARE INVESTMENT MANAGEMENT LLC manages $9.8B across 102 positions as of Q3 2021. Top holdings: PLD (8.0%), EQIX (6.3%), INVH (4.9%). Fund DNA: Concentrated Value. HoldingsIntel Score: 4/5.0.

Q3 2021 Summary

Added 4 new positions, exited 3, increased 52, trimmed 40. Top move: PSA (INCREASED, conviction 79). Portfolio: $9.8B across 102 positions.

Top holdings by portfolio weight

Total AUM$10B
PLD8.01%
EQIX6.32%
INVH4.94%
VMRK3.65%
AVB3.35%
WELL3.25%
UDR3.08%
SUI3.04%
DLR3.01%
VTR2.95%
Other2.90%

Portfolio allocation by GICS sector

Sectors5
Real Estate85.94%
Unknown13.98%
Technology0.04%
Utilities0.03%
Healthcare0.01%

Behavioral investing profile

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Concentrated Value- primarily Real Estate, Unknown
Compare DNA across all funds
7-dimension, SEC 13F-derived research score
Strong(4.0 / 5.0)
Holdings P&L62
Conviction43
Concentration80
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Similar Funds

Funds with similar investing DNA

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
6Q
ADCADCAGREE RLTY CORP COM
Q1 2025 → Q2 2026+1.5M shares+$127.8M
6Q
MACMACMACERICH CO
Q1 2025 → Q2 2026+7M shares+$186.5M
5Q
AREAREALEXANDRIA REAL ESTATE EQ IN
Q2 2025 → Q2 2026+1.8M shares+$76M
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

Verify source filings on SEC EDGAR

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