CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC

CIK

1033984

Location

RADNOR, PA

Portfolio Value

Mid $6,728,235,428

Diversification

Diversified

Filing Date

Global Rank

#542 / 8,622 ▲ 7 · as of Mar 2026

Top Industry

Utilities - Regulated Electric 22.0%

3Y Alpha vs SPY

-8.3%

Period ended 4 months ago

Filed May 14, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+38.6%

SPY

+67.9%

Annualised alpha

-7.4%

Max drawdown

−16.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

94 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.8%

+0.0 pts

Top 5

27.2%

+1.3 pts

Top 10

40.0%

+1.4 pts

HHI

290

Diversified+14

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	66.3%	$4,460,428,522	60
Utilities	29.0%	$1,951,324,017	25
Energy	3.8%	$256,717,167	5
Industrials	0.5%	$33,675,936	2
Consumer Cyclical	0.4%	$26,089,786	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GLPI	Gaming & Leisure Properties, Inc.	+1,406,273	1,472,552	$65,337,132
PPL	PPL Corp	+1,162,331	4,619,677	$176,471,661
O	Realty Income Corp	+897,371	1,352,780	$82,763,080
EQR	Equity Residential	+854,555	1,551,526	$91,772,762
EPRT	Essential Properties Realty Trust, Inc.	+683,196	2,203,346	$66,893,584
GTY	Getty Realty Corp /Md/	+567,328	1,369,988	$43,565,618
SO	Southern Co	+560,445	745,127	$71,919,658
BNL	Broadstone Net Lease, Inc.	+553,975	670,318	$12,246,709
CPT	Camden Property Trust	+502,041	771,158	$75,311,290
AMT	American Tower Corp /Ma/	+321,307	1,110,227	$191,602,975
SUI	Sun Communities Inc	+274,598	536,746	$67,608,526
XEL	Xcel Energy Inc	+273,054	2,597,721	$206,362,956
CUZ	Cousins Properties Inc	+268,728	1,209,915	$27,307,781
PEG	Public Service Enterprise Group Inc	+254,644	2,201,156	$178,183,578
ELS	Equity Lifestyle Properties Inc	+254,421	292,716	$18,271,332
ATO	Atmos Energy Corp	+228,532	757,953	$140,009,078
DLR	Digital Realty Trust, Inc.	+195,424	444,106	$80,032,342
CEG	Constellation Energy Corp	+191,500	415,038	$115,899,361
CSR	Centerspace	+180,384	231,462	$13,297,491
AWK	American Water Works Company, Inc.	+179,760	201,190	$27,379,947
EGP	Eastgroup Properties Inc	+80,309	791,418	$146,483,557
FRT	Federal Realty Investment Trust	+69,156	174,882	$18,574,217
CPK	Chesapeake Utilities Corp	+54,552	256,816	$32,453,837
HLT	Hilton Worldwide Holdings Inc.	+45,838	82,796	$25,176,607
WEC	Wec Energy Group, Inc.	+39,957	1,376,051	$159,305,424
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AES	Aes Corp	−3,466,533	4,399,061	$61,982,769
DOC	Healthpeak Properties, Inc.	−3,153,680	2,543,209	$41,784,923
UDR	UDR, Inc.	−2,151,001	2,536,006	$85,666,282
VICI	Vici Properties Inc.	−1,716,713	5,346,551	$146,067,773
WTRG	Essential Utilities, Inc.	−1,670,277	301,609	$12,145,794
AMH	American Homes 4 Rent	−1,598,741	3,251,430	$90,779,925
HST	Host Hotels & Resorts, Inc.	−1,287,891	881,580	$16,891,072
INVH	Invitation Homes Inc.	−1,284,251	435,438	$10,820,634
CNP	Centerpoint Energy Inc	−1,029,436	7,389	$318,909
IRT	Independence Realty Trust, Inc.	−1,002,755	868,848	$12,937,146
CDP	Copt Defense Properties	−909,445	107,503	$3,289,591
NEE	Nextera Energy Inc	−856,805	31,592	$2,934,264
UNP	Union Pacific Corp	−706,775	136,000	$32,996,320
LXP	LXP Industrial Trust	−690,692	51,192	$2,368,141
REG	Regency Centers Corp	−614,008	1,265,357	$95,736,910
ETR	Entergy Corp /De/	−537,150	1,231,965	$138,423,587
ESRT	Empire State Realty Trust, Inc.	−478,477	687,840	$3,576,768
OHI	Omega Healthcare Investors Inc	−462,417	1,760,382	$77,139,939
STAG	STAG Industrial, Inc.	−452,193	3,170,619	$114,332,521
BRX	Brixmor Property Group Inc.	−425,279	4,915,727	$141,572,937
SHO	Sunstone Hotel Investors, Inc.	−420,263	3,961,704	$35,694,953
OGE	Oge Energy Corp.	−400,454	1,815,118	$87,053,059
CUBE	CubeSmart	−375,433	3,094,291	$113,405,765
TRGP	Targa Resources Corp.	−288,017	335,913	$84,223,466
LNG	Cheniere Energy, Inc.	−251,489	509,690	$144,629,634
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
EVRG	Evergy, Inc.	1,389,642	$113,839,472
AEP	American Electric Power Co Inc	751,551	$98,513,305
OGS	ONE Gas, Inc.	371,334	$31,982,997
MAA	Mid America Apartment Communities Inc.	129,562	$15,822,111
JAN	Janus Living, Inc.	527,940	$12,443,545
EPR	Epr Properties	186,519	$9,318,489
CURB	Curbline Properties Corp.	139,113	$3,587,724
KMI	Kinder Morgan, Inc.	6,251	$209,596
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
ED	Consolidated Edison Inc	508,222	$50,476,609
CWEN	Clearway Energy, Inc.	608,327	$20,232,956
VRE	Veris Residential, Inc.	1,350,832	$20,100,380
CSX	Csx Corp	542,675	$19,671,968
SMA	SmartStop Self Storage REIT, Inc.	371,785	$11,503,027
NSA	National Storage Affiliates Trust	316,068	$8,916,278
PK	Park Hotels & Resorts Inc.	800,659	$8,374,893
UNIT	Uniti Group Inc.	380,042	$2,664,094
ES	Eversource Energy	3,337	$224,680
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

94 tracked positions · $6,728,235,428 total · filing declares 96 positions · $6,746,064,897 · as of Mar 31, 2026

All sectors Consumer Cyclical Energy Industrials Real Estate Utilities

Showing 1–50 of 94 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WELL	Welltower Inc. Real Estate	Reduced	3,006,833	-222,845	$594,480,952	−0.8%	8.84%
EQIX	Equinix Inc Real Estate	Reduced	528,634	-60,597	$518,188,192	+14.8%	7.70%
PLD	Prologis, Inc. Real Estate	Added	2,183,891	+31,708	$288,666,712	+5.1%	4.29%
SPG	Simon Property Group Inc. Real Estate	Reduced	1,209,585	-80,454	$225,623,890	−5.5%	3.35%
XEL	Xcel Energy Inc Utilities	Added	2,597,721	+273,054	$206,362,956	+20.2%	3.07%
AMT	American Tower Corp /Ma/ Real Estate	Added	1,110,227	+321,307	$191,602,975	+38.3%	2.85%
PEG	Public Service Enterprise Group Inc Utilities	Added	2,201,156	+254,644	$178,183,578	+14.0%	2.65%
PPL	PPL Corp Utilities	Added	4,619,677	+1,162,331	$176,471,661	+45.8%	2.62%
WEC	Wec Energy Group, Inc. Utilities	Added	1,376,051	+39,957	$159,305,424	+13.1%	2.37%
VTR	Ventas, Inc. Real Estate	Added	1,890,027	+38,059	$154,566,408	+7.9%	2.30%
EGP	Eastgroup Properties Inc Real Estate	Added	791,418	+80,309	$146,483,557	+15.6%	2.18%
VICI	Vici Properties Inc. Real Estate	Reduced	5,346,551	-1,716,713	$146,067,773	−26.5%	2.17%
LNG	Cheniere Energy, Inc. Energy	Reduced	509,690	-251,489	$144,629,634	−2.3%	2.15%
BRX	Brixmor Property Group Inc. Real Estate	Reduced	4,915,727	-425,279	$141,572,937	+1.1%	2.10%
ATO	Atmos Energy Corp Utilities	Added	757,953	+228,532	$140,009,078	+57.8%	2.08%
ETR	Entergy Corp /De/ Utilities	Reduced	1,231,965	-537,150	$138,423,587	−15.3%	2.06%
FR	First Industrial Realty Trust Inc Real Estate	Reduced	2,228,576	-116,716	$128,923,121	−4.0%	1.92%
IRM	Iron Mountain Inc Real Estate	Reduced	1,237,915	-208,682	$126,440,638	+5.4%	1.88%
PCG	PG&E Corp Utilities	Reduced	6,835,122	-113,377	$120,093,093	+7.6%	1.78%
CEG	Constellation Energy Corp Utilities	Added	415,038	+191,500	$115,899,361	+46.8%	1.72%
STAG	STAG Industrial, Inc. Real Estate	Reduced	3,170,619	-452,193	$114,332,521	−14.1%	1.70%
EVRG	Evergy, Inc. Utilities	NEW	1,389,642	NEW	$113,839,472	NEW	1.69%
CUBE	CubeSmart Real Estate	Reduced	3,094,291	-375,433	$113,405,765	−9.3%	1.69%
CMS	Cms Energy Corp Utilities	Reduced	1,332,742	-148,166	$103,394,124	−0.2%	1.54%
AEP	American Electric Power Co Inc Utilities	NEW	751,551	NEW	$98,513,305	NEW	1.46%
REG	Regency Centers Corp Real Estate	Reduced	1,265,357	-614,008	$95,736,910	−26.2%	1.42%
EQR	Equity Residential Real Estate	Added	1,551,526	+854,555	$91,772,762	+108.9%	1.36%
AMH	American Homes 4 Rent Real Estate	Reduced	3,251,430	-1,598,741	$90,779,925	−41.7%	1.35%
OGE	Oge Energy Corp. Utilities	Reduced	1,815,118	-400,454	$87,053,059	−8.0%	1.29%
UDR	UDR, Inc. Real Estate	Reduced	2,536,006	-2,151,001	$85,666,282	−50.2%	1.27%
TRGP	Targa Resources Corp. Energy	Reduced	335,913	-288,017	$84,223,466	−26.8%	1.25%
O	Realty Income Corp Real Estate	Added	1,352,780	+897,371	$82,763,080	+222.4%	1.23%
DLR	Digital Realty Trust, Inc. Real Estate	Added	444,106	+195,424	$80,032,342	+108.0%	1.19%
OHI	Omega Healthcare Investors Inc Real Estate	Reduced	1,760,382	-462,417	$77,139,939	−21.7%	1.15%
CPT	Camden Property Trust Real Estate	Added	771,158	+502,041	$75,311,290	+154.2%	1.12%
SO	Southern Co Utilities	Added	745,127	+560,445	$71,919,658	+346.6%	1.07%
SUI	Sun Communities Inc Real Estate	Added	536,746	+274,598	$67,608,526	+108.1%	1.00%
EPRT	Essential Properties Realty Trust, Inc. Real Estate	Added	2,203,346	+683,196	$66,893,584	+48.4%	0.99%
GLPI	Gaming & Leisure Properties, Inc. Real Estate	Added	1,472,552	+1,406,273	$65,337,132	+2105.8%	0.97%
AES	Aes Corp Utilities	Reduced	4,399,061	-3,466,533	$61,982,769	−45.0%	0.92%
PSA	Public Storage Real Estate	Reduced	219,284	-111,203	$59,399,649	−30.7%	0.88%
AHR	American Healthcare REIT, Inc. Real Estate	Reduced	1,258,041	-246,644	$59,329,213	−16.2%	0.88%
CCI	Crown Castle Inc. Real Estate	Reduced	562,049	-147,560	$45,700,204	−27.5%	0.68%
GTY	Getty Realty Corp /Md/ Real Estate	Added	1,369,988	+567,328	$43,565,618	+98.3%	0.65%
DOC	Healthpeak Properties, Inc. Real Estate	Reduced	2,543,209	-3,153,680	$41,784,923	−54.4%	0.62%
VNO	Vornado Realty Trust Real Estate	Reduced	1,408,289	-136,134	$36,601,431	−28.8%	0.54%
SHO	Sunstone Hotel Investors, Inc. Real Estate	Reduced	3,961,704	-420,263	$35,694,953	−8.9%	0.53%
UNP	Union Pacific Corp Industrials	Reduced	136,000	-706,775	$32,996,320	−83.1%	0.49%
CPK	Chesapeake Utilities Corp Utilities	Added	256,816	+54,552	$32,453,837	+28.6%	0.48%
OGS	ONE Gas, Inc. Utilities	NEW	371,334	NEW	$31,982,997	NEW	0.48%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.