Vault-13

Divco West Real Estate Services, LLC

SAN FRANCISCO, CA · CIK 1561877 · 13F filing filed 2026-08-05

SEC-registered investment adviser since 2012 · limited liability company

As an employer

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

CityCountryPeople
San Francisco, CA (main office)United States United Statesabout 36
Beverly Hills, CAUnited States United States10
Cambridge, MAUnited States United States10
New York, NYUnited States United States6
Austin, TXUnited States United States2
Washington, DCUnited States United States2
Irvine, CAUnited States United States1
Menlo Park, CAUnited States United States

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$94.0m reported value +30.8% vs Q1 2026
4positions
100.0%in top 10
0 new 0 added 0 reduced 0 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 BXP INC COM BXP BXP 680,540 $45.1m47.99% 47.99% UnchangedShares held: Q3 2025 680.5k, Q4 2025 680.5k, Q1 2026 680.5k, Q2 2026 680.5k
2 KILROY RLTY CORP COM KRC KRC 1,020,991 $38.3m40.68% 40.68% UnchangedShares held: Q3 2025 1.0m, Q4 2025 1.0m, Q1 2026 1.0m, Q2 2026 1.0m
3 BRANDYWINE RLTY TR SH BEN INT NEW BDN BDN 2,445,594 $7.8m8.24% 8.24% UnchangedShares held: Q3 2025 2.4m, Q4 2025 2.4m, Q1 2026 2.4m, Q2 2026 2.4m
4 HUDSON PACIFIC PROPERTIES IN COM HPP HPP 191,297 $2.9m3.09% 3.09% UnchangedShares held: Q3 2025 0, Q4 2025 191.3k, Q1 2026 191.3k, Q2 2026 191.3k