Vert Asset Management LLC

CIK

1904664

Location

SAUSALITO, CA

Portfolio Value

Small $315,119,726

Diversification

Diversified

Filing Date

Global Rank

#3,335 / 8,603 ▲ 157 · as of Mar 2026

Top Industry

REIT - Specialty 28.5%

3Y Alpha vs SPY

-7.3%

Period ended 3 months ago

Filed Apr 16, 2026 · 3mo

18 quarters · since Dec 2021

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

+44.0%

SPY

+76.0%

Annualised alpha

-7.8%

Max drawdown

−19.4%

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

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

Top Position

9.1%

+1.5 pts

Top 5

38.8%

+1.7 pts

Top 10

64.8%

+2.1 pts

HHI

506

Diversified+25

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	100.0%	$315,119,726	45

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
KRG	Kite Realty Group Trust	+54,371	96,240	$2,362,692
CPT	Camden Property Trust	+21,199	49,818	$4,865,225
VTR	Ventas, Inc.	+9,551	235,078	$19,224,678
STAG	STAG Industrial, Inc.	+7,813	95,788	$3,454,115
SPG	Simon Property Group Inc.	+6,032	126,791	$23,650,324
IRM	Iron Mountain Inc	+5,472	146,406	$14,953,908
AMT	American Tower Corp /Ma/	+4,432	130,238	$22,476,474
PLD	Prologis, Inc.	+3,907	177,452	$23,455,605
UE	Urban Edge Properties	+2,308	55,782	$1,114,524
BRX	Brixmor Property Group Inc.	+2,209	147,174	$4,238,611
VNO	Vornado Realty Trust	+1,953	79,340	$2,062,046
EXR	Extra Space Storage Inc.	+1,732	105,224	$13,798,023
UDR	UDR, Inc.	+1,217	154,165	$5,207,693
DOC	Healthpeak Properties, Inc.	+1,123	345,412	$5,675,119
DRH	DiamondRock Hospitality Co	+1,112	100,822	$944,702
FRT	Federal Realty Investment Trust	+1,004	39,864	$4,233,955
KRC	Kilroy Realty Corp	+968	54,168	$1,528,079
REG	Regency Centers Corp	+890	85,802	$6,491,779
EQR	Equity Residential	+760	176,172	$10,420,573
HST	Host Hotels & Resorts, Inc.	+572	340,989	$6,533,349
UMH	Umh Properties, Inc.	+479	37,726	$544,386
COLD	Americold Realty Trust	+443	133,882	$1,534,287
ARE	Alexandria Real Estate Equities, Inc.	+246	74,376	$3,452,533
AVB	Avalonbay Communities Inc	+186	69,769	$11,396,765
ELS	Equity Lifestyle Properties Inc	+183	91,194	$5,692,329
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
VRE	Veris Residential, Inc.	−12,833	26,298	$496,243
DLR	Digital Realty Trust, Inc.	−8,248	132,900	$23,949,908
BDN	Brandywine Realty Trust	−6,184	66,296	$179,662
REXR	Rexford Industrial Realty, Inc.	−3,324	115,021	$3,764,637
ESRT	Empire State Realty Trust, Inc.	−3,017	56,073	$291,579
CUZ	Cousins Properties Inc	−2,244	86,015	$1,941,358
SLG	Sl Green Realty Corp	−2,005	34,173	$1,262,350
BXP	BXP, Inc.	−1,788	69,856	$3,625,526
WELL	Welltower Inc.	−1,557	114,605	$22,658,554
MAA	Mid America Apartment Communities Inc.	−1,268	55,954	$6,833,102
MAC	Macerich Co	−879	123,105	$2,326,684
JBGS	JBG SMITH Properties	−700	31,371	$458,330
EQIX	Equinix Inc	−522	29,162	$28,585,758
AAT	American Assets Trust, Inc.	−407	20,869	$384,198
ESS	Essex Property Trust, Inc.	−188	30,462	$7,371,804
LXP	LXP Industrial Trust	−115	28,221	$1,305,503
KIM	Kimco Realty Corp	−51	336,205	$7,554,526
HPP	Hudson Pacific Properties, Inc.	−1	18,047	$106,657
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

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

45 positions · $315,119,726 total · as of Mar 31, 2026

All sectors Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
EQIX	Equinix Inc Real Estate	Reduced	29,162	-522	$28,585,758	+25.7%	9.07%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	132,900	-8,248	$23,949,908	+9.7%	7.60%
SPG	Simon Property Group Inc. Real Estate	Added	126,791	+6,032	$23,650,324	+5.8%	7.51%
PLD	Prologis, Inc. Real Estate	Added	177,452	+3,907	$23,455,605	+5.9%	7.44%
WELL	Welltower Inc. Real Estate	Reduced	114,605	-1,557	$22,658,554	+5.1%	7.19%
AMT	American Tower Corp /Ma/ Real Estate	Added	130,238	+4,432	$22,476,474	+1.8%	7.13%
VTR	Ventas, Inc. Real Estate	Added	235,078	+9,551	$19,224,678	+10.2%	6.10%
IRM	Iron Mountain Inc Real Estate	Added	146,406	+5,472	$14,953,908	+27.9%	4.75%
EXR	Extra Space Storage Inc. Real Estate	Added	105,224	+1,732	$13,798,023	+2.4%	4.38%
AVB	Avalonbay Communities Inc Real Estate	Added	69,769	+186	$11,396,765	−9.7%	3.62%
EQR	Equity Residential Real Estate	Added	176,172	+760	$10,420,573	−5.8%	3.31%
KIM	Kimco Realty Corp Real Estate	Reduced	336,205	-51	$7,554,526	+10.8%	2.40%
ESS	Essex Property Trust, Inc. Real Estate	Reduced	30,462	-188	$7,371,804	−8.1%	2.34%
MAA	Mid America Apartment Communities Inc. Real Estate	Reduced	55,954	-1,268	$6,833,102	−14.0%	2.17%
HST	Host Hotels & Resorts, Inc. Real Estate	Added	340,989	+572	$6,533,349	+8.2%	2.07%
REG	Regency Centers Corp Real Estate	Added	85,802	+890	$6,491,779	+10.8%	2.06%
ELS	Equity Lifestyle Properties Inc Real Estate	Added	91,194	+183	$5,692,329	+3.2%	1.81%
DOC	Healthpeak Properties, Inc. Real Estate	Added	345,412	+1,123	$5,675,119	+2.5%	1.80%
UDR	UDR, Inc. Real Estate	Added	154,165	+1,217	$5,207,693	−7.2%	1.65%
CPT	Camden Property Trust Real Estate	Added	49,818	+21,199	$4,865,225	+54.4%	1.54%
BRX	Brixmor Property Group Inc. Real Estate	Added	147,174	+2,209	$4,238,611	+11.5%	1.35%
FRT	Federal Realty Investment Trust Real Estate	Added	39,864	+1,004	$4,233,955	+8.1%	1.34%
REXR	Rexford Industrial Realty, Inc. Real Estate	Reduced	115,021	-3,324	$3,764,637	−17.8%	1.19%
BXP	BXP, Inc. Real Estate	Reduced	69,856	-1,788	$3,625,526	−25.0%	1.15%
STAG	STAG Industrial, Inc. Real Estate	Added	95,788	+7,813	$3,454,115	+6.8%	1.10%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Added	74,376	+246	$3,452,533	−4.8%	1.10%
KRG	Kite Realty Group Trust Real Estate	Added	96,240	+54,371	$2,362,692	+135.4%	0.75%
MAC	Macerich Co Real Estate	Reduced	123,105	-879	$2,326,684	+1.7%	0.74%
PECO	Phillips Edison & Company, Inc. Real Estate	Held	61,202	0	$2,290,178	+5.2%	0.73%
VNO	Vornado Realty Trust Real Estate	Added	79,340	+1,953	$2,062,046	−19.9%	0.65%
CUZ	Cousins Properties Inc Real Estate	Reduced	86,015	-2,244	$1,941,358	−14.7%	0.62%
COLD	Americold Realty Trust Real Estate	Added	133,882	+443	$1,534,287	−10.6%	0.49%
KRC	Kilroy Realty Corp Real Estate	Added	54,168	+968	$1,528,079	−23.1%	0.48%
LXP	LXP Industrial Trust Real Estate	Reduced	28,221	-115	$1,305,503	−7.1%	0.41%
SLG	Sl Green Realty Corp Real Estate	Reduced	34,173	-2,005	$1,262,350	−23.9%	0.40%
UE	Urban Edge Properties Real Estate	Added	55,782	+2,308	$1,114,524	+8.6%	0.35%
DRH	DiamondRock Hospitality Co Real Estate	Added	100,822	+1,112	$944,702	+5.7%	0.30%
UMH	Umh Properties, Inc. Real Estate	Added	37,726	+479	$544,386	−8.1%	0.17%
VRE	Veris Residential, Inc. Real Estate	Reduced	26,298	-12,833	$496,243	−14.8%	0.16%
JBGS	JBG SMITH Properties Real Estate	Reduced	31,371	-700	$458,330	−16.0%	0.15%
CSR	Centerspace Real Estate	Held	7,335	0	$421,395	−13.9%	0.13%
AAT	American Assets Trust, Inc. Real Estate	Reduced	20,869	-407	$384,198	−4.6%	0.12%
ESRT	Empire State Realty Trust, Inc. Real Estate	Reduced	56,073	-3,017	$291,579	−24.3%	0.09%
BDN	Brandywine Realty Trust Real Estate	Reduced	66,296	-6,184	$179,662	−15.1%	0.06%
HPP	Hudson Pacific Properties, Inc. Real Estate	Reduced	18,047	-1	$106,657	−45.4%	0.03%