American Assets Capital Advisers
SAN DIEGO, CAfiles as American Assets Capital Advisers, LLC
$95m in 36 US stocks at the end of 30 September 2025. The top 10 are 62.9% of the money. It changed about 14.4% of the portfolio this quarter.
Value
$95m
Stocks
36
Top 10 share
62.9%
Turnover
14.4%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- PrologisPLD6.0% of the fund+12%
- Caesars EntertainmentCZR4.9% of the fund+102%
- MGM Resorts InternationalMGM2.6% of the fund+22%
- Iron MountainIRM2.6% of the fund+6%
- Cbre GroupCBRE2.6% of the fund+47%
- WelltowerWELL2.4% of the fund+36%
- Crown CastleCCI2.4% of the fund+12%
- Extra Space StorageEXR2.3% of the fund+5%
- Costar GroupCSGP2.2% of the fund+61%
- Public StoragePSA1.5% of the fund+19%
- Zillow GroupZ1.3% of the fund+129%
- Avalonbay CommunitiesAVB1.2% of the fund+29%
- Vivmark ResidentialVMRK1.0% of the fund+23%
- WeyerhaeuserWY0.8% of the fund+31%
- Annaly Capital ManagementNLY0.6% of the fund+15%
- AGNC InvestmentAGNC0.5% of the fund+24%
- American Homes 4 RentAMH0.5% of the fund+18%
Cut
Sold some of their stake.
- FTAI AviationFTAI7.5% of the fund-9%
- FTAI InfrastructureFIP5.9% of the fund-27%
- EquinixEQIX5.3% of the fund-15%
- Simon Property GroupSPG4.4% of the fund-2%
- MacerichMAC3.3% of the fund-19%
- CadizCDZI3.0% of the fund-39%
- Invitation HomesINVH1.3% of the fund-9%
- Rexford Industrial RealtyREXR0.7% of the fund-64%
- Sun CommunitiesSUI0.6% of the fund-52%
- KirbyKEX0.5% of the fund-29%
Sold out
Sold their entire stake.
- New Fortress EnergyNFE-100%
- GE VernovaGEV-100%
- Vici PropertiesVICI-100%
- BlackstoneBX-100%
Holdings
- Vanguard Scottsdale FDSVGSH
- Share
- 14.3%
- Value
- $14m
- Shares
- 230,855
Held
- Avalonbay CommunitiesAVB
- Share
- 1.2%
- Value
- $1m
- Shares
- 5,933
+29%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Scottsdale FDSVGSH | 14.3% | $14m | 230,855 | Held |
| FTAI AviationFTAI | 7.5% | $7m | 42,838 | -9% |
| American TowerAMT | 6.7% | $6m | 33,206 | Held |
| PrologisPLD | 6.0% | $6m | 49,450 | +12% |
| FTAI InfrastructureFIP | 5.9% | $6m | 1,287,999 | -27% |
| EquinixEQIX | 5.3% | $5m | 6,469 | -15% |
| Caesars EntertainmentCZR | 4.9% | $5m | 170,109 | +102% |
| Digital Realty TrustDLR | 4.4% | $4m | 24,253 | Held |
| Simon Property GroupSPG | 4.4% | $4m | 22,028 | -2% |
| MacerichMAC | 3.3% | $3m | 174,287 | -19% |
| VentasVTR | 3.1% | $3m | 42,584 | Held |
| CadizCDZI | 3.0% | $3m | 601,113 | -39% |
| MGM Resorts InternationalMGM | 2.6% | $2m | 72,068 | +22% |
| Iron MountainIRM | 2.6% | $2m | 24,433 | +6% |
| Cbre GroupCBRE | 2.6% | $2m | 15,698 | +47% |
| WelltowerWELL | 2.4% | $2m | 12,723 | +36% |
| Crown CastleCCI | 2.4% | $2m | 23,206 | +12% |
| Extra Space StorageEXR | 2.3% | $2m | 15,490 | +5% |
| Costar GroupCSGP | 2.2% | $2m | 24,364 | +61% |
| Public StoragePSA | 1.5% | $1m | 5,027 | +19% |
| Alexandria Real Estate EquitiesARE | 1.5% | $1m | 17,316 | Held |
| Zillow GroupZ | 1.3% | $1m | 15,621 | +129% |
| Invitation HomesINVH | 1.3% | $1m | 41,767 | -9% |
| Avalonbay CommunitiesAVB | 1.2% | $1m | 5,933 | +29% |
| SBA CommunicationsSBAC | 1.0% | $992,079 | 5,131 | Held |
| Vivmark ResidentialVMRK | 1.0% | $923,956 | 14,274 | +23% |
| WeyerhaeuserWY | 0.8% | $721,538 | 29,106 | +31% |
| Rexford Industrial RealtyREXR | 0.7% | $626,475 | 15,239 | -64% |
| Sun CommunitiesSUI | 0.6% | $594,561 | 4,609 | -52% |
| Annaly Capital ManagementNLY | 0.6% | $553,208 | 27,373 | +15% |
| AGNC InvestmentAGNC | 0.5% | $461,275 | 47,117 | +24% |
| American Homes 4 RentAMH | 0.5% | $443,389 | 13,335 | +18% |
| KirbyKEX | 0.5% | $426,596 | 5,112 | -29% |
| Equity Lifestyle PropertiesELS | 0.4% | $426,235 | 7,022 | Held |
| CubeSmartCUBE | 0.4% | $347,033 | 8,535 | Held |
| Americold Realty TrustCOLD | 0.1% | $123,183 | 10,064 | Held |
Over time and by industry
Value over time
Sep '25
Value is down 4.8% since 30 June 2025.
Where the money is
Real estate58.9%
Technology8.9%
Retail & consumer7.5%
Industrials6.4%
Utilities3.0%
Financial services1.1%
Other14.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.