DUFF & PHELPS INVESTMENT MANAGEMENT CO

CIK

765443

Location

CHICAGO, IL

Portfolio Value

Large $10,497,378,851

Diversification

Diversified

Reports for

Virtus Investment Advisers, LLC VIRTUS ALTERNATIVE INVESTMENT ADVISERS, LLC

Filing Date

Global Rank

#466 / 8,700 ▲ 29

Top Industry

Utilities - Regulated Electric 24.1%

Period ended 3 months ago

Filed Aug 13, 2026 · 32d

26 quarters · since Mar 2020

Portfolio Concentration

157 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.5%

+1.1 pts

Top 5

20.3%

+0.7 pts

Top 10

29.8%

+0.6 pts

HHI

181

Diversified+8

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Real Estate	50.7%	$5,317,267,131	53
Utilities	32.2%	$3,384,484,699	40
Energy	10.6%	$1,110,974,344	21
Industrials	4.4%	$457,889,480	28
Communication Services	1.7%	$174,155,183	4
Basic Materials	0.2%	$18,942,971	1
Technology	0.2%	$18,725,201	6
Healthcare	0.1%	$10,975,491	2
Unclassified	0.0%	$3,964,351	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	+4,953,752	6,400,937	$36,997,415
AHR	American Healthcare REIT, Inc.	+2,017,139	3,100,314	$161,681,375
AMH	American Homes 4 Rent	+704,148	5,281,145	$177,023,979
EPRT	Essential Properties Realty Trust, Inc.	+605,615	4,037,057	$120,506,150
BRX	Brixmor Property Group Inc.	+539,359	5,022,252	$158,351,604
SBRA	Sabra Health Care REIT, Inc.	+503,171	3,331,616	$64,999,827
CUBE	CubeSmart	+501,816	3,239,472	$128,833,799
WELL	Welltower Inc.	+392,178	3,024,718	$686,520,242
VNO	Vornado Realty Trust	+325,979	1,861,939	$73,174,201
FR	First Industrial Realty Trust Inc	+274,144	2,469,752	$151,420,494
PPL	PPL Corp	+272,562	3,287,954	$119,517,126
VTR	Ventas, Inc.	+251,671	2,863,545	$254,282,795
CUZ	Cousins Properties Inc	+251,638	2,381,815	$71,406,812
PLD	Prologis, Inc.	+235,984	3,225,840	$437,004,544
PECO	Phillips Edison & Company, Inc.	+204,589	2,006,105	$83,494,088
DLR	Digital Realty Trust, Inc.	+188,663	1,735,593	$311,677,789
MAA	Mid America Apartment Communities Inc.	+168,280	1,018,023	$141,444,114
WY	Weyerhaeuser Co	+151,926	370,260	$8,864,024
SMA	SmartStop Self Storage REIT, Inc.	+135,273	967,028	$31,428,409
GLPI	Gaming & Leisure Properties, Inc.	+128,774	1,265,323	$56,344,831
AMT	American Tower Corp /Ma/	+118,285	1,039,175	$169,977,853
ELS	Equity Lifestyle Properties Inc	+116,100	1,580,485	$101,862,257
INVH	Invitation Homes Inc.	+111,746	243,372	$7,352,267
VICI	Vici Properties Inc.	+107,888	220,256	$5,847,796
SPG	Simon Property Group Inc.	+107,827	975,188	$218,100,794
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PEB	Pebblebrook Hotel Trust	−997,299	2,189,151	$42,491,420
PCG	PG&E Corp	−657,339	4,421,644	$74,372,050
ARE	Alexandria Real Estate Equities, Inc.	−547,016	425,705	$22,498,507
PEG	Public Service Enterprise Group Inc	−368,599	810,985	$65,819,542
ENB	Enbridge Inc	−222,837	1,316,326	$71,358,031
EMA	Emera Inc	−187,660	1,161,790	$61,598,105
NEE	Nextera Energy Inc	−176,795	1,744,585	$153,122,224
WTRG	Essential Utilities, Inc.	−134,101	2,054,683	$78,714,905
IRM	Iron Mountain Inc	−119,902	1,455,435	$183,835,993
PAA	Plains All American Pipeline LP	−100,000	1,676,900	$37,327,794
DUK	Duke Energy CORP	−89,713	807,284	$102,186,007
TRP	Tc Energy Corp	−79,283	1,547,057	$102,554,408
GFL	GFL Environmental Inc.	−65,179	288,148	$10,600,964
PBA	Pembina Pipeline Corp	−60,000	799,602	$36,981,592
MPLX	Mplx LP	−50,000	1,618,467	$91,168,245
STN	Stantec Inc	−49,460	6	$413
EQIX	Equinix Inc	−45,551	427,032	$445,133,884
WMS	Advanced Drainage Systems, Inc.	−41,140	98,489	$15,458,833
OKE	Oneok Inc /New/	−35,835	994,844	$86,491,736
SRE	Sempra	−31,424	2,055,243	$190,541,577
AWK	American Water Works Company, Inc.	−30,865	521,915	$68,673,574
EIX	Edison International	−28,000	95,600	$7,117,420
MWA	Mueller Water Products, Inc.	−23,827	468,312	$12,096,498
WM	Waste Management Inc	−19,772	23,795	$5,303,429
KIM	Kimco Realty Corp	−18,240	938,081	$23,780,353
No positions match the current search.

New Positions

Positions the filer opened this quarter

16 positions

Ticker	Company	Shares	Value
NHP	National Healthcare Properties, Inc.	4,130,444	$60,511,003
NSC	Norfolk Southern Corp	49,535	$15,583,213
FBIN	Fortune Brands Innovations, Inc.	64,595	$3,546,264
MTDR	Matador Resources Co	9,078	$451,902
KNTK	Kinetik Holdings Inc.	8,313	$401,850
O	Realty Income Corp	2,210	$136,931
DOC	Healthpeak Properties, Inc.	4,872	$104,260
HIW	Highwoods Properties, Inc.	3,097	$93,405
VMRK	Vivmark Residential	1,200	$81,516
UDR	UDR, Inc.	1,800	$71,856
BNL	Broadstone Net Lease, Inc.	3,022	$62,464
MRP	Millrose Properties, Inc.	2,000	$60,100
APLE	Apple Hospitality REIT, Inc.	2,682	$45,084
WPC	W. P. Carey Inc.	532	$38,038
LXP	LXP Industrial Trust	650	$35,022
FVR	FrontView REIT, Inc.	1,612	$32,610
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
ES	Eversource Energy	424,140	$29,384,419
CWI	State Street SPDR MSCI ACWI ex-US ETF	54,900	$4,099,383
AFK	VanEck Africa Index ETF	19,780	$1,815,210
ASGM	Virtus AlphaSimplex Global Macro ETF	61,475	$1,729,660
FNDA	Schwab Fundamental U.S. Small Company ETF	44,520	$1,184,677
RUN	Sunrun Inc.	58,602	$794,642
TEL	TE Connectivity plc	3,638	$760,414
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

157 tracked positions · $10,497,378,851 total · filing declares 340 positions · $10,596,165,388 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Energy Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 157 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WELL	Welltower Inc. Real Estate	Added	3,024,718	+392,178	$686,520,242	+31.9%	6.54%
EQIX	Equinix Inc Real Estate	Reduced	427,032	-45,551	$445,133,884	−3.9%	4.24%
PLD	Prologis, Inc. Real Estate	Added	3,225,840	+235,984	$437,004,544	+10.6%	4.16%
DLR	Digital Realty Trust, Inc. Real Estate	Added	1,735,593	+188,663	$311,677,789	+11.8%	2.97%
VTR	Ventas, Inc. Real Estate	Added	2,863,545	+251,671	$254,282,795	+19.0%	2.42%
SPG	Simon Property Group Inc. Real Estate	Added	975,188	+107,827	$218,100,794	+34.8%	2.08%
PSA	Public Storage Real Estate	Added	640,120	+86,930	$203,756,596	+36.0%	1.94%
XEL	Xcel Energy Inc Utilities	Reduced	2,419,977	-4,926	$194,324,151	+0.9%	1.85%
SRE	Sempra Utilities	Reduced	2,055,243	-31,424	$190,541,577	−6.0%	1.82%
ETR	Entergy Corp /De/ Utilities	Added	1,635,463	+103,233	$187,849,279	+9.1%	1.79%
IRM	Iron Mountain Inc Real Estate	Reduced	1,455,435	-119,902	$183,835,993	+14.3%	1.75%
AMH	American Homes 4 Rent Real Estate	Added	5,281,145	+704,148	$177,023,979	+38.5%	1.69%
		Added	907,436	+100,686	$171,224,144	+29.9%	1.63%
CNP	Centerpoint Energy Inc Utilities	Reduced	3,861,232	-5,467	$170,048,656	+1.9%	1.62%
AMT	American Tower Corp /Ma/ Real Estate	Added	1,039,175	+118,285	$169,977,853	+7.0%	1.62%
AHR	American Healthcare REIT, Inc. Real Estate	Added	3,100,314	+2,017,139	$161,681,375	+216.5%	1.54%
BRX	Brixmor Property Group Inc. Real Estate	Added	5,022,252	+539,359	$158,351,604	+22.7%	1.51%
NEE	Nextera Energy Inc Utilities	Reduced	1,744,585	-176,795	$153,122,224	−14.2%	1.46%
FR	First Industrial Realty Trust Inc Real Estate	Added	2,469,752	+274,144	$151,420,494	+19.2%	1.44%
LNT	Alliant Energy Corp Utilities	Added	1,964,325	+66,150	$149,858,352	+10.0%	1.43%
WMB	Williams Companies, Inc. Energy	Added	2,000,552	+67,766	$148,721,035	+5.7%	1.42%
NI	Nisource Inc. Utilities	Reduced	3,097,280	-9,360	$147,275,663	+1.6%	1.40%
EVRG	Evergy, Inc. Utilities	Reduced	1,652,488	-3,372	$142,824,536	+5.3%	1.36%
MAA	Mid America Apartment Communities Inc. Real Estate	Added	1,018,023	+168,280	$141,444,114	+36.3%	1.35%
TRGP	Targa Resources Corp. Energy	Added	518,030	+8,633	$138,904,562	+8.8%	1.32%
AEE	Ameren Corp Utilities	Added	1,206,076	+46,195	$136,334,831	+6.9%	1.30%
CUBE	CubeSmart Real Estate	Added	3,239,472	+501,816	$128,833,799	+28.4%	1.23%
DTE	Dte Energy Co Utilities	Added	841,774	+49,312	$128,261,102	+10.7%	1.22%
ESS	Essex Property Trust, Inc. Real Estate	Added	429,210	+102,953	$125,153,343	+58.5%	1.19%
EPRT	Essential Properties Realty Trust, Inc. Real Estate	Added	4,037,057	+605,615	$120,506,150	+15.7%	1.15%
PPL	PPL Corp Utilities	Added	3,287,954	+272,562	$119,517,126	+3.8%	1.14%
WEC	Wec Energy Group, Inc. Utilities	Reduced	979,934	-1,415	$114,426,892	+0.7%	1.09%
CMS	Cms Energy Corp Utilities	Held	1,453,667	0	$111,205,525	−1.4%	1.06%
ATO	Atmos Energy Corp Utilities	Added	637,725	+29,780	$109,860,885	−2.2%	1.05%
AEP	American Electric Power Co Inc Utilities	Added	801,532	+39,370	$109,657,592	+9.8%	1.04%
RHP	Ryman Hospitality Properties, Inc. Real Estate	Added	851,474	+71,321	$109,456,981	+52.1%	1.04%
LNG	Cheniere Energy, Inc. Energy	Added	454,899	+83,884	$108,725,409	+3.3%	1.04%
D	Dominion Energy, Inc Utilities	Reduced	1,569,402	-2,827	$107,174,461	+10.3%	1.02%
TRP	Tc Energy Corp Energy	Reduced	1,547,057	-79,283	$102,554,408	+0.7%	0.98%
DUK	Duke Energy CORP Utilities	Reduced	807,284	-89,713	$102,186,007	−13.0%	0.97%
SO	Southern Co Utilities	Reduced	1,066,805	-6,489	$102,103,905	−1.4%	0.97%
ELS	Equity Lifestyle Properties Inc Real Estate	Added	1,580,485	+116,100	$101,862,257	+11.4%	0.97%
OGE	Oge Energy Corp. Utilities	Reduced	2,091,246	-5,138	$101,760,029	+1.2%	0.97%
CCI	Crown Castle Inc. Real Estate	Added	1,285,653	+92,625	$97,362,500	+0.4%	0.93%
MPLX	Mplx LP Energy	Reduced	1,618,467	-50,000	$91,168,245	−4.3%	0.87%
OKE	Oneok Inc /New/ Energy	Reduced	994,844	-35,835	$86,491,736	−7.2%	0.82%
PECO	Phillips Edison & Company, Inc. Real Estate	Added	2,006,105	+204,589	$83,494,088	+23.9%	0.80%
ADC	Agree Realty Corp Real Estate	Added	1,100,957	+90,839	$83,386,482	+9.5%	0.79%
ET	Energy Transfer LP Energy	Added	4,359,713	+12,975	$83,357,711	−0.6%	0.79%
WTRG	Essential Utilities, Inc. Utilities	Reduced	2,054,683	-134,101	$78,714,905	−10.7%	0.75%

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.