American Assets Capital Advisers, LLC

CIK

1626691

Location

SAN DIEGO, CA

Portfolio Value

Micro $79,905,484

Diversification

Diversified

Filing Date

Global Rank

#5,935 / 7,976 ▼ 199

Top Industry

REIT - Specialty 27.6%

3Y Alpha vs SPY

-12.5%

Period ended 9 months ago

Filed Nov 4, 2025 · 7mo

23 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

+27.2%

SPY

+76.3%

Annualised alpha

-12.5%

Max drawdown

−34.0%

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

34 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

8.9%

−3.8 pts

Top 5

37.4%

−2.8 pts

Top 10

61.3%

+1.2 pts

HHI

490

Diversified−21

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Real Estate	71.1%	$56,782,941	28
Industrials	16.5%	$13,190,219	3
Consumer Cyclical	8.9%	$7,095,071	2
Utilities	3.6%	$2,837,253	1

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

17 positions

Ticker	Company	Δ Shares	Shares	Value
CZR	Caesars Entertainment, Inc.	+86,009	170,109	$4,597,195
MGM	MGM Resorts International	+13,176	72,068	$2,497,876
CSGP	Costar Group, Inc.	+9,193	24,364	$2,055,590
AGNC	AGNC Investment Corp.	+9,098	47,117	$461,275
WY	Weyerhaeuser Co	+6,914	29,106	$721,537
PLD	Prologis, Inc.	+5,164	49,450	$5,663,014
CBRE	Cbre Group, Inc.	+5,010	15,698	$2,473,376
NLY	Annaly Capital Management Inc	+3,545	27,373	$553,208
WELL	Welltower Inc.	+3,377	12,723	$2,266,475
EQR	Equity Residential	+2,697	14,274	$923,956
CCI	Crown Castle Inc.	+2,506	23,206	$2,239,146
AMH	American Homes 4 Rent	+2,005	13,335	$443,388
IRM	Iron Mountain Inc	+1,464	24,433	$2,490,700
AVB	Avalonbay Communities Inc	+1,325	5,933	$1,146,077
PSA	Public Storage	+802	5,027	$1,452,048
EXR	Extra Space Storage Inc.	+686	15,490	$2,183,160
AMT	American Tower Corp /Ma/	+369	33,206	$6,386,177
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
FIP	FTAI Infrastructure Inc.	−478,696	1,287,999	$5,615,675
CDZI	Cadiz Inc	−378,441	601,113	$2,837,253
MAC	Macerich Co	−41,557	174,287	$3,172,023
REXR	Rexford Industrial Realty, Inc.	−26,700	15,239	$626,475
SUI	Sun Communities Inc	−4,994	4,609	$594,561
FTAI	FTAI Aviation Ltd.	−4,450	42,838	$7,147,948
INVH	Invitation Homes Inc.	−4,007	41,767	$1,225,026
KEX	Kirby Corp	−2,096	5,112	$426,596
EQIX	Equinix Inc	−1,181	6,469	$5,066,779
VTR	Ventas, Inc.	−719	42,584	$2,980,454
SPG	Simon Property Group Inc.	−523	22,028	$4,133,994
DLR	Digital Realty Trust, Inc.	−288	24,253	$4,192,858
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
NFE	New Fortress Energy Inc.	721,483	$2,395,323
GEV	GE Vernova Inc.	3,013	$1,594,328
VICI	Vici Properties Inc.	36,184	$1,179,598
BX	Blackstone Inc.	3,443	$515,003
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

34 positions · $79,905,484 total · as of Sep 30, 2025

All sectors Consumer Cyclical Industrials Real Estate Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FTAI	FTAI Aviation Ltd. Industrials	Reduced	42,838	-4,450	$7,147,948	+31.4%	8.95%
AMT	American Tower Corp /Ma/ Real Estate	Added	33,206	+369	$6,386,177	−12.0%	7.99%
PLD	Prologis, Inc. Real Estate	Added	49,450	+5,164	$5,663,014	+21.6%	7.09%
FIP	FTAI Infrastructure Inc. Industrials	Reduced	1,287,999	-478,696	$5,615,675	−48.5%	7.03%
EQIX	Equinix Inc Real Estate	Reduced	6,469	-1,181	$5,066,779	−16.7%	6.34%
CZR	Caesars Entertainment, Inc. Consumer Cyclical	Added	170,109	+86,009	$4,597,195	+92.5%	5.75%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	24,253	-288	$4,192,858	−2.0%	5.25%
SPG	Simon Property Group Inc. Real Estate	Reduced	22,028	-523	$4,133,994	+14.0%	5.17%
MAC	Macerich Co Real Estate	Reduced	174,287	-41,557	$3,172,023	−9.2%	3.97%
VTR	Ventas, Inc. Real Estate	Reduced	42,584	-719	$2,980,454	+9.0%	3.73%
CDZI	Cadiz Inc Utilities	Reduced	601,113	-378,441	$2,837,253	−3.1%	3.55%
MGM	MGM Resorts International Consumer Cyclical	Added	72,068	+13,176	$2,497,876	+23.3%	3.13%
IRM	Iron Mountain Inc Real Estate	Added	24,433	+1,464	$2,490,700	+5.7%	3.12%
CBRE	Cbre Group, Inc. Real Estate	Added	15,698	+5,010	$2,473,376	+65.2%	3.10%
WELL	Welltower Inc. Real Estate	Added	12,723	+3,377	$2,266,475	+57.7%	2.84%
CCI	Crown Castle Inc. Real Estate	Added	23,206	+2,506	$2,239,146	+5.3%	2.80%
EXR	Extra Space Storage Inc. Real Estate	Added	15,490	+686	$2,183,160	+0.0%	2.73%
CSGP	Costar Group, Inc. Real Estate	Added	24,364	+9,193	$2,055,590	+68.5%	2.57%
PSA	Public Storage Real Estate	Added	5,027	+802	$1,452,048	+17.1%	1.82%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Held	17,316	0	$1,443,115	+14.7%	1.81%
INVH	Invitation Homes Inc. Real Estate	Reduced	41,767	-4,007	$1,225,026	−18.4%	1.53%
AVB	Avalonbay Communities Inc Real Estate	Added	5,933	+1,325	$1,146,077	+22.2%	1.43%
SBAC	Sba Communications Corp Real Estate	Held	5,131	0	$992,078	−17.7%	1.24%
EQR	Equity Residential Real Estate	Added	14,274	+2,697	$923,956	+18.3%	1.16%
WY	Weyerhaeuser Co Real Estate	Added	29,106	+6,914	$721,537	+26.6%	0.90%
REXR	Rexford Industrial Realty, Inc. Real Estate	Reduced	15,239	-26,700	$626,475	−58.0%	0.78%
SUI	Sun Communities Inc Real Estate	Reduced	4,609	-4,994	$594,561	−51.1%	0.74%
NLY	Annaly Capital Management Inc Real Estate	Added	27,373	+3,545	$553,208	+23.4%	0.69%
AGNC	AGNC Investment Corp. Real Estate	Added	47,117	+9,098	$461,275	+32.0%	0.58%
AMH	American Homes 4 Rent Real Estate	Added	13,335	+2,005	$443,388	+8.5%	0.55%
KEX	Kirby Corp Industrials	Reduced	5,112	-2,096	$426,596	−47.8%	0.53%
ELS	Equity Lifestyle Properties Inc Real Estate	Held	7,022	0	$426,235	−1.6%	0.53%
CUBE	CubeSmart Real Estate	Held	8,535	0	$347,033	−4.3%	0.43%
COLD	Americold Realty Trust Real Estate	Held	10,064	0	$123,183	−26.4%	0.15%