B&I Capital AG

CIK

1843527

Location

ZURICH, V8

Portfolio Value

Small $294,073,020

Diversification

Diversified

Filing Date

Global Rank

#3,454 / 8,604 ▲ 173 · as of Mar 2026

Top Industry

REIT - Specialty 24.8%

3Y Alpha vs SPY

-11.5%

Period ended 3 months ago

Filed May 6, 2026 · 2mo

22 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+30.8%

SPY

+76.5%

Annualised alpha

-11.5%

Max drawdown

−18.8%

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

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

Top Position

15.0%

+1.4 pts

Top 5

50.3%

+3.2 pts

Top 10

70.6%

+4.9 pts

HHI

712

Diversified+47

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	100.0%	$294,073,020	24

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
FCPT	Four Corners Property Trust, Inc.	+39,450	361,237	$8,543,255
PSA	Public Storage	+35,400	74,400	$20,153,472
PLD	Prologis, Inc.	+35,000	332,721	$43,979,061
EPRT	Essential Properties Realty Trust, Inc.	+27,800	281,284	$8,539,782
AHR	American Healthcare REIT, Inc.	+23,200	249,770	$11,779,153
MAC	Macerich Co	+15,000	224,232	$4,237,984
IVT	InvenTrust Properties Corp.	+11,000	310,250	$9,450,215
ELS	Equity Lifestyle Properties Inc	+9,500	124,522	$7,772,663
MAA	Mid America Apartment Communities Inc.	+5,250	60,225	$7,354,677
CTRE	CareTrust REIT, Inc.	+2,000	305,900	$11,211,235
IRM	Iron Mountain Inc	+1,747	116,467	$11,895,939
EQIX	Equinix Inc	+1,400	22,860	$22,408,286
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
IRT	Independence Realty Trust, Inc.	−216,400	294,460	$4,384,509
CUZ	Cousins Properties Inc	−43,900	162,830	$3,675,073
AMT	American Tower Corp /Ma/	−25,570	153,488	$26,488,959
AMH	American Homes 4 Rent	−13,300	185,880	$5,189,769
WELL	Welltower Inc.	−5,482	176,358	$34,867,740
VICI	Vici Properties Inc.	−5,300	46,060	$1,258,359
DLR	Digital Realty Trust, Inc.	−3,300	66,691	$12,018,385
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
AVB	Avalonbay Communities Inc	68,530	$11,194,375
SLG	Sl Green Realty Corp	104,500	$3,860,230
CBRE	Cbre Group, Inc.	3,450	$467,337
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
CUBE	CubeSmart	243,840	$8,790,432
UDR	UDR, Inc.	171,870	$6,304,191
HIW	Highwoods Properties, Inc.	190,820	$4,926,972
VRE	Veris Residential, Inc.	184,640	$2,747,443
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $294,073,020 total · as of Mar 31, 2026

All sectors Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PLD	Prologis, Inc. Real Estate	Added	332,721	+35,000	$43,979,061	+15.7%	14.96%
WELL	Welltower Inc. Real Estate	Reduced	176,358	-5,482	$34,867,740	+3.3%	11.86%
AMT	American Tower Corp /Ma/ Real Estate	Reduced	153,488	-25,570	$26,488,959	−15.7%	9.01%
EQIX	Equinix Inc Real Estate	Added	22,860	+1,400	$22,408,286	+36.3%	7.62%
PSA	Public Storage Real Estate	Added	74,400	+35,400	$20,153,472	+99.1%	6.85%
SPG	Simon Property Group Inc. Real Estate	Held	69,385	0	$12,942,384	+0.8%	4.40%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	66,691	-3,300	$12,018,385	+11.0%	4.09%
IRM	Iron Mountain Inc Real Estate	Added	116,467	+1,747	$11,895,939	+25.0%	4.05%
AHR	American Healthcare REIT, Inc. Real Estate	Added	249,770	+23,200	$11,779,153	+10.5%	4.01%
CTRE	CareTrust REIT, Inc. Real Estate	Added	305,900	+2,000	$11,211,235	+2.0%	3.81%
AVB	Avalonbay Communities Inc Real Estate	NEW	68,530	NEW	$11,194,375	NEW	3.81%
PECO	Phillips Edison & Company, Inc. Real Estate	Held	277,931	0	$10,400,178	+5.2%	3.54%
IVT	InvenTrust Properties Corp. Real Estate	Added	310,250	+11,000	$9,450,215	+11.9%	3.21%
FCPT	Four Corners Property Trust, Inc. Real Estate	Added	361,237	+39,450	$8,543,255	+15.1%	2.91%
EPRT	Essential Properties Realty Trust, Inc. Real Estate	Added	281,284	+27,800	$8,539,782	+13.6%	2.90%
ELS	Equity Lifestyle Properties Inc Real Estate	Added	124,522	+9,500	$7,772,663	+11.5%	2.64%
MAA	Mid America Apartment Communities Inc. Real Estate	Added	60,225	+5,250	$7,354,677	−3.7%	2.50%
AMH	American Homes 4 Rent Real Estate	Reduced	185,880	-13,300	$5,189,769	−18.8%	1.76%
IRT	Independence Realty Trust, Inc. Real Estate	Reduced	294,460	-216,400	$4,384,509	−50.9%	1.49%
MAC	Macerich Co Real Estate	Added	224,232	+15,000	$4,237,984	+9.7%	1.44%
SLG	Sl Green Realty Corp Real Estate	NEW	104,500	NEW	$3,860,230	NEW	1.31%
CUZ	Cousins Properties Inc Real Estate	Reduced	162,830	-43,900	$3,675,073	−31.0%	1.25%
VICI	Vici Properties Inc. Real Estate	Reduced	46,060	-5,300	$1,258,359	−12.9%	0.43%
CBRE	Cbre Group, Inc. Real Estate	NEW	3,450	NEW	$467,337	NEW	0.16%