Vert Asset Management LLC

SAUSALITO, CA · CIK 1904664 · 13F filing filed 2026-07-15

SEC-registered investment adviser since 2017 · limited liability company

Assets managed$464.4m
Staff2 · 2 in investment roles
Main clients (by assets)Mutual funds and ETFs 98%, Private funds 2%
Form ADV · 2026-01-28SEC adviser record

Kindmutual funds
Others nearbySausalito, CA

$365.5m reported value +16.0% vs Q1 2026

44positions

63.1%in top 10

0 new 41 added 2 reduced 1 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).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	EQUINIX INC COM EQIX	EQIX	29,044	$30.3m8.28%	8.28%	Reduced -118	-118 -0.4%
2	SIMON PPTY GROUP INC NEW COM SPG	SPG	129,706	$29.0m7.94%	7.94%	Added +2.9k	+2,915 2.3%
3	WELLTOWER INC COM WELL	WELL	122,448	$27.8m7.60%	7.60%	Added +7.8k	+7,843 6.8%
4	PROLOGIS INC. COM PLD	PLD	183,272	$24.8m6.79%	6.79%	Added +5.8k	+5,820 3.3%
5	DIGITAL RLTY TR INC COM DLR	DLR	136,008	$24.4m6.68%	6.68%	Added +3.1k	+3,108 2.3%
6	AMERICAN TOWER CORP NEW COM AMT	AMT	138,807	$22.7m6.21%	6.21%	Added +8.6k	+8,569 6.6%
7	VENTAS INC COM VTR	VTR	253,903	$22.5m6.17%	6.17%	Added +18.8k	+18,825 8.0%
8	IRON MTN INC DEL COM IRM	IRM	154,450	$19.5m5.34%	5.34%	Added +8.0k	+8,044 5.5%
9	EXTRA SPACE STORAGE INC COM EXR	EXR	109,611	$15.9m4.36%	4.36%	Added +4.4k	+4,387 4.2%
10	AVALONBAY CMNTYS INC COM AVB	AVB	72,165	$13.6m3.73%	3.73%	Added +2.4k	+2,396 3.4%
11	EQUITY RESIDENTIAL SH BEN INT VMRK	VMRK	179,611	$12.2m3.34%	3.34%	Added +3.4k	+3,439 1.9%
12	ESSEX PPTY TR INC COM ESS	ESS	32,701	$9.5m2.61%	2.61%	Added +2.2k	+2,239 7.3%
13	KIMCO RLTY CORP COM KIM	KIM	348,358	$8.8m2.42%	2.42%	Added +12.2k	+12,153 3.6%
14	HOST HOTELS & RESORTS INC COM HST	HST	355,770	$8.4m2.31%	2.31%	Added +14.8k	+14,781 4.3%
15	MID-AMER APT CMNTYS INC COM MAA	MAA	58,352	$8.1m2.22%	2.22%	Added +2.4k	+2,398 4.3%
16	HEALTHPEAK PROPERTIES INC COM DOC	DOC	354,881	$7.6m2.08%	2.08%	Added +9.5k	+9,469 2.7%
17	REGENCY CTRS CORP COM REG	REG	87,809	$7.0m1.92%	1.92%	Added +2.0k	+2,007 2.3%
18	UDR INC COM UDR	UDR	160,196	$6.4m1.75%	1.75%	Added +6.0k	+6,031 3.9%
19	EQUITY LIFESTYLE PPTYS INC COM ELS	ELS	93,668	$6.0m1.65%	1.65%	Added +2.5k	+2,474 2.7%
20	CAMDEN PPTY TR SH BEN INT CPT	CPT	50,682	$5.8m1.59%	1.59%	Added +864	+864 1.7%
21	BXP INC COM BXP	BXP	77,301	$5.1m1.40%	1.40%	Added +7.4k	+7,445 10.7%
22	FEDERAL RLTY INVT TR NEW SH BEN INT NEW FRT	FRT	40,678	$5.0m1.37%	1.37%	Added +814	+814 2.0%
23	BRIXMOR PPTY GROUP INC COM BRX	BRX	149,855	$4.7m1.29%	1.29%	Added +2.7k	+2,681 1.8%
24	ALEXANDRIA REAL ESTATE EQ IN COM ARE	ARE	80,072	$4.2m1.16%	1.16%	Added +5.7k	+5,696 7.7%
25	REXFORD INDL RLTY INC COM REXR	REXR	115,569	$3.9m1.06%	1.06%	Added +548	+548 0.5%
26	STAG INDL INC COM STAG	STAG	97,307	$3.7m1.01%	1.01%	Added +1.5k	+1,519 1.6%
27	MACERICH CO COM MAC	MAC	136,262	$3.4m0.94%	0.94%	Added +13.2k	+13,157 10.7%
28	VORNADO RLTY TR SH BEN INT VNO	VNO	84,506	$3.3m0.91%	0.91%	Added +5.2k	+5,166 6.5%
29	KITE RLTY GROUP TR COM NEW KRG	KRG	101,386	$2.9m0.79%	0.79%	Added +5.1k	+5,146 5.3%
30	PHILLIPS EDISON & CO INC COMMON STOCK PECO	PECO	63,606	$2.6m0.72%	0.72%	Added +2.4k	+2,404 3.9%
31	COUSINS PPTYS INC COM NEW CUZ	CUZ	82,995	$2.5m0.68%	0.68%	Reduced -3.0k	-3,020 -3.5%
32	AMERICOLD REALTY TRUST INC COM COLD	COLD	145,128	$2.3m0.62%	0.62%	Added +11.2k	+11,246 8.4%
33	KILROY RLTY CORP COM KRC	KRC	57,083	$2.1m0.59%	0.59%	Added +2.9k	+2,915 5.4%
34	SL GREEN RLTY CORP COM SLG	SLG	36,379	$1.9m0.52%	0.52%	Added +2.2k	+2,206 6.5%
35	LXP INDUSTRIAL TRUST COM LXP	LXP	28,965	$1.6m0.43%	0.43%	Added +744	+744 2.6%
36	URBAN EDGE PPTYS COM UE	UE	59,459	$1.4m0.37%	0.37%	Added +3.7k	+3,677 6.6%
37	DIAMONDROCK HOSPITALITY CO COM DRH	DRH	110,053	$1.3m0.37%	0.37%	Added +9.2k	+9,231 9.2%
38	AMERICAN ASSETS TR INC COM AAT	AAT	23,770	$586.9k0.16%	0.16%	Added +2.9k	+2,901 13.9%
39	UMH PPTYS INC COM UMH	UMH	38,237	$578.9k0.16%	0.16%	Added +511	+511 1.4%
40	JBG SMITH PPTYS COM JBGS	JBGS	31,371	$460.2k0.13%	0.13%	Unchanged
41	CENTERSPACE COM CSR	CSR	7,738	$434.8k0.12%	0.12%	Added +403	+403 5.5%
42	EMPIRE ST RLTY TR INC CL A ESRT	ESRT	59,090	$319.7k0.09%	0.09%	Added +3.0k	+3,017 5.4%
43	HUDSON PACIFIC PROPERTIES IN COM HPP	HPP	19,222	$292.0k0.08%	0.08%	Added +1.2k	+1,175 6.5%
44	BRANDYWINE RLTY TR SH BEN INT NEW BDN	BDN	72,480	$229.8k0.06%	0.06%	Added +6.2k	+6,184 9.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VERIS RESIDENTIAL INC		26,298	$496.2k26.3k shares