1y return+14.4%S&P 500 +20.9%
3y return+23.6%S&P 500 +68.5%
5y return+14.3%S&P 500 +74.5%
10y return+28.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $128 against $357 in the S&P 500.2
Cbre Investment Management Listed Real Assets LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| WELLWelltower Inc | $645.4M | 9.0% | −5.4% |
| EQIXEquinix Inc | $472.5M | 6.6% | −14.2% |
| PLDPrologis Inc | $244.7M | 3.4% | −17.3% |
| AMTAmerican Tower Corp | $238.6M | 3.3% | +31.4% |
| XELXcel Energy Inc | $216.2M | 3.0% | +3.7% |
| AEPAmerican Electric Power Co Inc | $212.7M | 3.0% | +106.8% |
| PPLPPL Corp | $192.1M | 2.7% | +14.4% |
| UDRUDR Inc | $182.9M | 2.5% | +80.6% |
| ATOAtmos Energy Corp | $172.2M | 2.4% | +31.9% |
| BRXBrixmor Property Group Inc | $168.0M | 2.3% | +8.4% |
| EGPEastGroup Properties Inc | $165.9M | 2.3% | +3.5% |
| EVRGEvergy Inc | $153.6M | 2.1% | +27.9% |
| VMRKEquity Residential | $146.4M | 2.0% | +38.9% |
| VTRVentas Inc | $144.5M | 2.0% | −13.9% |
| SOSouthern Co/The | $143.2M | 2.0% | +100.8% |
| IRMIron Mountain Inc | $135.5M | 1.9% | −13.3% |
| VICIVICI Properties Inc | $135.4M | 1.9% | −4.6% |
| CUBECubeSmart | $133.6M | 1.9% | +8.6% |
| WMBWilliams Cos Inc/The | $130.9M | 1.8% | +10683.3% |
| REGRegency Centers Corp | $130.5M | 1.8% | +29.4% |
| SPGSimon Property Group Inc | $122.2M | 1.7% | −54.8% |
| PCGPG&E Corp | $119.3M | 1.7% | +3.8% |
| AMHAmerican Homes 4 Rent | $118.5M | 1.6% | +8.7% |
| WECWEC Energy Group Inc | $117.2M | 1.6% | −27.1% |
| CEGConstellation Energy Corp | $116.1M | 1.6% | +12.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| TRGPTarga Resources Corp | June 30, 2020 | +1236.0% | $83.9M |
| WELLWelltower Inc | June 30, 2020 | +338.6% | $645.4M |
| CEGConstellation Energy Corp | June 30, 2022 | +333.8% | $116.1M |
| SPGSimon Property Group Inc | June 30, 2020 | +227.1% | $122.2M |
| BRXBrixmor Property Group Inc | June 30, 2020 | +145.9% | $168.0M |
| VTRVentas Inc | June 30, 2020 | +142.5% | $144.5M |
| AHRAmerican Healthcare REIT Inc | December 31, 2024 | +83.5% | $84.2M |
| REGRegency Centers Corp | June 30, 2020 | +73.8% | $130.5M |
| EQIXEquinix Inc | June 30, 2020 | +48.4% | $472.5M |
| ATOAtmos Energy Corp | June 30, 2023 | +48.1% | $172.2M |
Sold off last quarter
- CWTCalifornia Water Service Group was $29.4M
- LAMRLamar Advertising Co was $15.8M
- CURBCurbline Properties Corp was $3.6M
- CDPCOPT Defense Properties was $3.3M
- LXPLXP Industrial Trust was $2.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.1% | +14.8% |
| March 31, 2026 | +6.5% | −4.6% |
| December 31, 2025 | −2.3% | +2.4% |
| September 30, 2025 | +3.6% | +7.8% |
| June 30, 2025 | −2.3% | +10.5% |
| March 31, 2025 | +1.1% | −4.6% |
| December 31, 2024 | −7.4% | +2.1% |
| September 30, 2024 | +15.0% | +5.4% |
| June 30, 2024 | −1.0% | +4.0% |
| March 31, 2024 | −0.4% | +10.0% |
| December 31, 2023 | +15.3% | +11.2% |
| September 30, 2023 | −9.6% | −3.6% |
| June 30, 2023 | −0.7% | +8.3% |
| March 31, 2023 | +0.9% | +7.0% |
| December 31, 2022 | +4.5% | +7.1% |
| September 30, 2022 | −8.6% | −5.3% |
| June 30, 2022 | −14.9% | −16.5% |
| March 31, 2022 | −4.1% | −4.9% |
| December 31, 2021 | +16.9% | +10.7% |
| September 30, 2021 | +1.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Cbre Investment Management Listed Real Assets LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1033984&type=13F-HR&dateb=&owner=include&count=40CIK 1033984
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1033984/000103398426000012/Filed August 14, 2026 · accession 0001033984-26-000012