Heitman Real Estate Securities LLC
SEC Form 13F institutional filer · CIK 0001080117
13F-HR · 22 reported holdings · 2026-03-31
Heitman Real Estate Securities LLC is a real estate investment manager.
Reported long-US-equity value
$0.94B
Top-10 concentration
82.5%
Heitman Real Estate Securities LLC — $938M AUM allocation strategy
Heitman Real Estate Securities LLC files SEC Form 13F and reports $938M of long US equity value across 22 reported holdings for 2026-03-31.
Its largest sector bet is Real Estate 99.6%.
The top 10 holdings account for 83% 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.
Heitman Real Estate Securities LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$938M
total across 22 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
83% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$O +450K sh · +$31.1M+$DOC +212K sh · +$3.98M+$EXR +165K sh · +$21.7M
Biggest trims (shares)
−$INVH −423K sh · −$14M−$IRM −231K sh · −$14.2M−$VTR −169K sh · −$9.87M
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
- $XLREReal Estate99.6%—
- Other holdings0.4%—
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)
- Health Care REITs26.3%—
- Data Center REITs19.8%—
- Retail REITs16.1%—
- Industrial REITs13.8%—
- Self-Storage REITs7.5%—
- Multi-Family Residential REITs6.6%—
- Other Specialized REITs2.8%—
- Telecom Tower REITs2.5%—
- Other holdings4.5%—
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 | 816K | $161M | -76.9K | 17.2% |
| $EQIX | Equinix Inc. Common Stock REIT | 138K | $135M | +2.34K | 14.4% |
| $PLD | Prologis Inc | 983K | $130M | -41.6K | 13.8% |
| $O | Realty Income Corporation | 1.19M | $72.9M | +450K | 7.8% |
| $SPG | Simon Property Group Inc | 330K | $61.5M | -32.4K | 6.6% |
| $VTR | Ventas Inc | 721K | $59M | -169K | 6.3% |
| $DLR | Digital Realty Trust Inc | 282K | $50.8M | +52.6K | 5.4% |
| $EXR | Extra Space Storage Inc | 319K | $41.8M | +165K | 4.5% |
| $ESS | Essex Property Trust Inc | 139K | $33.7M | +8.05K | 3.6% |
| $PSA | Public Storage | 104K | $28.2M | -66.6K | 3.0% |
…and 12 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.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.