CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC
SEC Form 13F institutional filer · CIK 0001033984
13F-HR · 52 reported holdings · 2026-03-31
Real assets investment manager.
Reported long-US-equity value
$4.87B
Top-10 concentration
55.3%
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC — $4.87B AUM allocation strategy
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC files SEC Form 13F and reports $4.87B of long US equity value across 52 reported holdings for 2026-03-31.
Its largest sector bet is Real Estate 48.1%, followed by Utilities 31.8%.
The top 10 holdings account for 55% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$4.87B
total across 52 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
55% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$PPL +1.16M sh · +$55.4M+$O +897K sh · +$57.1M+$SO +560K sh · +$55.8M
Biggest trims (shares)
−$AES −3.47M sh · −$50.8M−$DOC −3.15M sh · −$49.8M−$UDR −2.15M sh · −$86.3M
Exited to nil (held last quarter, gone now)
$ED ($50.5M last qtr)$CSX ($19.7M last qtr)$ES ($225K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Electric Utilities20.1%—
- Health Care REITs15.3%—
- Data Center REITs10.6%—
- Multi-Utilities8.8%—
- Retail REITs6.6%—
- Industrial REITs5.9%—
- Telecom Tower REITs3.9%—
- Hotel & Resort REITs3.0%—
- Other holdings25.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $WELL | Welltower Inc | 3.01M | $594M | -223K | 12.2% |
| $EQIX | Equinix Inc. Common Stock REIT | 529K | $518M | -60.6K | 10.6% |
| $PLD | Prologis Inc | 2.18M | $289M | +31.7K | 5.9% |
| $SPG | Simon Property Group Inc | 1.21M | $226M | -80.5K | 4.6% |
| $XEL | Xcel Energy Inc | 2.6M | $206M | +273K | 4.2% |
| $AMT | American Tower Corporation | 1.11M | $192M | +321K | 3.9% |
| $PEG | Public Service Enterprise Group Incorporated | 2.2M | $178M | +255K | 3.7% |
| $PPL | PPL Corporation | 4.62M | $176M | +1.16M | 3.6% |
| $WEC | WEC Energy Group Inc | 1.38M | $159M | +40K | 3.3% |
| $VTR | Ventas Inc | 1.89M | $155M | +38.1K | 3.2% |
…and 42 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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