LASALLE INVESTMENT MANAGEMENT SECURITIES LLC

Broker-Dealer

CIK

1085601

Location

BALTIMORE, MD

Portfolio Value

Mid $2,530,160,875

Diversification

Diversified

Filing Date

Global Rank

#863 / 8,232 ▲ 71

Top Industry

REIT - Specialty 24.9%

3Y Alpha vs SPY

-8.7%

Period ended 2 months ago

Filed May 13, 2026 · 32d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+40.9%

SPY

+76.3%

Annualised alpha

-8.7%

Max drawdown

−16.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

12.6%

+2.8 pts

Top 5

38.3%

+4.3 pts

Top 10

56.7%

+3.9 pts

HHI

501

Diversified+70

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	100.0%	$2,530,160,875	48

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

21 positions

Ticker	Company	Δ Shares	Shares	Value
ESRT	Empire State Realty Trust, Inc.	+3,534,376	9,058,860	$47,106,072
FCPT	Four Corners Property Trust, Inc.	+1,139,493	2,565,734	$60,679,609
AMH	American Homes 4 Rent	+577,750	3,633,873	$101,457,734
HST	Host Hotels & Resorts, Inc.	+414,818	2,030,396	$38,902,387
SBRA	Sabra Health Care REIT, Inc.	+290,405	3,824,622	$73,547,481
BXP	BXP, Inc.	+241,644	487,084	$25,279,659
CUBE	CubeSmart	+210,861	1,291,212	$47,322,919
COLD	Americold Realty Trust	+157,627	6,962,583	$79,791,201
NNN	Nnn REIT, Inc.	+137,836	741,012	$31,144,734
AMT	American Tower Corp /Ma/	+120,641	648,257	$111,876,193
LXP	LXP Industrial Trust	+117,737	1,828,528	$84,587,705
WELL	Welltower Inc.	+72,232	1,212,631	$239,749,275
INVH	Invitation Homes Inc.	+62,577	668,065	$16,601,415
EQR	Equity Residential	+53,178	1,442,422	$85,319,261
ADC	Agree Realty Corp	+45,195	719,719	$54,252,418
UDR	UDR, Inc.	+37,739	1,370,031	$46,279,647
SPG	Simon Property Group Inc.	+34,090	567,093	$105,779,857
AVB	Avalonbay Communities Inc	+11,888	344,766	$56,317,526
EQIX	Equinix Inc	+6,488	325,873	$319,433,749
PSA	Public Storage	+4,670	484,663	$131,285,513
STAG	STAG Industrial, Inc.	+10	6,621	$238,753
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
FR	First Industrial Realty Trust Inc	−784,605	3,159	$182,748
KRG	Kite Realty Group Trust	−710,524	2,369,854	$58,179,915
O	Realty Income Corp	−600,415	140,705	$8,608,331
CURB	Curbline Properties Corp.	−566,348	220,275	$5,680,892
VTR	Ventas, Inc.	−430,319	963,351	$78,782,844
OUT	OUTFRONT Media Inc.	−373,155	3,133,027	$83,025,215
DLR	Digital Realty Trust, Inc.	−259,413	144,014	$25,952,762
ARE	Alexandria Real Estate Equities, Inc.	−191,955	1,511,273	$70,153,292
VICI	Vici Properties Inc.	−117,204	1,615,438	$44,133,766
GLPI	Gaming & Leisure Properties, Inc.	−79,006	1,974,314	$87,600,312
ELS	Equity Lifestyle Properties Inc	−23,440	738,531	$46,099,105
FRT	Federal Realty Investment Trust	−5,737	353,194	$37,512,734
CCI	Crown Castle Inc.	−3,336	3,621	$294,423
LINE	Lineage, Inc.	−3,156	3,577	$117,182
SBAC	Sba Communications Corp	−2,313	8,067	$1,388,411
IVT	InvenTrust Properties Corp.	−2,065	1,843	$56,137
PLD	Prologis, Inc.	−810	1,259,766	$166,515,869
LAMR	Lamar Advertising Co/New	−376	2,862	$362,500
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
REXR	Rexford Industrial Realty, Inc.	980,672	$32,097,394
JAN	Janus Living, Inc.	57,182	$1,347,779
CUZ	Cousins Properties Inc	929	$20,967
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
DRH	DiamondRock Hospitality Co	1,130,355	$10,127,980
CDP	Copt Defense Properties	185,258	$5,150,172
EXR	Extra Space Storage Inc.	23,416	$3,049,231
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

48 positions · $2,530,160,875 total · as of Mar 31, 2026

All sectors Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CUZ	Cousins Properties Inc Real Estate	NEW	929	NEW	$20,967	NEW	0.00%
IVT	InvenTrust Properties Corp. Real Estate	Reduced	1,843	-2,065	$56,137	−49.1%	0.00%
LINE	Lineage, Inc. Real Estate	Reduced	3,577	-3,156	$117,182	−50.3%	0.00%
FR	First Industrial Realty Trust Inc Real Estate	Reduced	3,159	-784,605	$182,748	−99.6%	0.01%
STAG	STAG Industrial, Inc. Real Estate	Added	6,621	+10	$238,753	−1.8%	0.01%
CCI	Crown Castle Inc. Real Estate	Reduced	3,621	-3,336	$294,423	−52.4%	0.01%
LAMR	Lamar Advertising Co/New Real Estate	Reduced	2,862	-376	$362,500	−11.6%	0.01%
WY	Weyerhaeuser Co Real Estate	Held	31,568	0	$771,206	+3.1%	0.03%
KRC	Kilroy Realty Corp Real Estate	Held	35,300	0	$995,813	−24.5%	0.04%
JAN	Janus Living, Inc. Real Estate	NEW	57,182	NEW	$1,347,779	NEW	0.05%
SBAC	Sba Communications Corp Real Estate	Reduced	8,067	-2,313	$1,388,411	−30.8%	0.05%
REG	Regency Centers Corp Real Estate	Held	28,418	0	$2,150,105	+9.6%	0.08%
CURB	Curbline Properties Corp. Real Estate	Reduced	220,275	-566,348	$5,680,892	−68.9%	0.22%
ESS	Essex Property Trust, Inc. Real Estate	Held	23,605	0	$5,712,410	−7.5%	0.23%
SUI	Sun Communities Inc Real Estate	Held	53,134	0	$6,692,758	+1.7%	0.26%
O	Realty Income Corp Real Estate	Reduced	140,705	-600,415	$8,608,331	−79.4%	0.34%
DOC	Healthpeak Properties, Inc. Real Estate	Held	533,956	0	$8,772,897	+2.2%	0.35%
INVH	Invitation Homes Inc. Real Estate	Added	668,065	+62,577	$16,601,415	−1.3%	0.66%
BXP	BXP, Inc. Real Estate	Added	487,084	+241,644	$25,279,659	+52.6%	1.00%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	144,014	-259,413	$25,952,762	−58.4%	1.03%
NNN	Nnn REIT, Inc. Real Estate	Added	741,012	+137,836	$31,144,734	+30.3%	1.23%
REXR	Rexford Industrial Realty, Inc. Real Estate	NEW	980,672	NEW	$32,097,394	NEW	1.27%
FRT	Federal Realty Investment Trust Real Estate	Reduced	353,194	-5,737	$37,512,734	+3.7%	1.48%
HST	Host Hotels & Resorts, Inc. Real Estate	Added	2,030,396	+414,818	$38,902,387	+35.8%	1.54%
VICI	Vici Properties Inc. Real Estate	Reduced	1,615,438	-117,204	$44,133,766	−9.4%	1.74%
ELS	Equity Lifestyle Properties Inc Real Estate	Reduced	738,531	-23,440	$46,099,105	−0.2%	1.82%
UDR	UDR, Inc. Real Estate	Added	1,370,031	+37,739	$46,279,647	−5.3%	1.83%
ESRT	Empire State Realty Trust, Inc. Real Estate	Added	9,058,860	+3,534,376	$47,106,072	+30.8%	1.86%
CUBE	CubeSmart Real Estate	Added	1,291,212	+210,861	$47,322,919	+21.5%	1.87%
ADC	Agree Realty Corp Real Estate	Added	719,719	+45,195	$54,252,418	+11.7%	2.14%
AVB	Avalonbay Communities Inc Real Estate	Added	344,766	+11,888	$56,317,526	−6.7%	2.23%
KRG	Kite Realty Group Trust Real Estate	Reduced	2,369,854	-710,524	$58,179,915	−21.2%	2.30%
FCPT	Four Corners Property Trust, Inc. Real Estate	Added	2,565,734	+1,139,493	$60,679,609	+84.5%	2.40%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Reduced	1,511,273	-191,955	$70,153,292	−15.8%	2.77%
SBRA	Sabra Health Care REIT, Inc. Real Estate	Added	3,824,622	+290,405	$73,547,481	+9.9%	2.91%
VTR	Ventas, Inc. Real Estate	Reduced	963,351	-430,319	$78,782,844	−26.9%	3.11%
COLD	Americold Realty Trust Real Estate	Added	6,962,583	+157,627	$79,791,201	−8.8%	3.15%
OUT	OUTFRONT Media Inc. Real Estate	Reduced	3,133,027	-373,155	$83,025,215	−1.7%	3.28%
LXP	LXP Industrial Trust Real Estate	Added	1,828,528	+117,737	$84,587,705	−0.3%	3.34%
EQR	Equity Residential Real Estate	Added	1,442,422	+53,178	$85,319,261	−2.6%	3.37%
GLPI	Gaming & Leisure Properties, Inc. Real Estate	Reduced	1,974,314	-79,006	$87,600,312	−4.5%	3.46%
AMH	American Homes 4 Rent Real Estate	Added	3,633,873	+577,750	$101,457,734	+3.4%	4.01%
SPG	Simon Property Group Inc. Real Estate	Added	567,093	+34,090	$105,779,857	+7.2%	4.18%
AMT	American Tower Corp /Ma/ Real Estate	Added	648,257	+120,641	$111,876,193	+20.8%	4.42%
PSA	Public Storage Real Estate	Added	484,663	+4,670	$131,285,513	+5.4%	5.19%
PLD	Prologis, Inc. Real Estate	Reduced	1,259,766	-810	$166,515,869	+3.5%	6.58%
WELL	Welltower Inc. Real Estate	Added	1,212,631	+72,232	$239,749,275	+13.3%	9.48%
EQIX	Equinix Inc Real Estate	Added	325,873	+6,488	$319,433,749	+30.5%	12.63%