CENTERSQUARE INVESTMENT MANAGEMENT LLC
Long book
$9.67B
Q1 2026
Positions
79
Top-10 weight
54%
concentration
Last quarter
+14.3%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsCENTERSQUARE INVESTMENT MANAGEMENT LLC is a diversified fundamental manager, specialised in real_estate (100% of the long book), running a $9.67B US long book across 79 positions.
The portfolio is concentrated: the top 10 names carry 54% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: WELLTOWER INC, PROLOGIS INC, EQUINIX INC, DIGITAL REALTY TRUST INC, VENTAS INC.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.1%
Q2 2024
+17.4%
Q3 2024
-5.8%
Q4 2024
+1.2%
Q1 2025
-1.1%
Q2 2025
+4.2%
Q3 2025
-1.0%
Q4 2025
+4.6%
Q1 2026
+14.3%
Sector allocation
Services media 77%
Real estate 19%
Utilities 4%
Long book by quarter
What does CENTERSQUARE INVESTMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HLT HILTON WORLDWIDE HOLDINGS IN | Services media | 25.7K | $7.8M | 0.1% | +27.7% |
| CBRE CBRE GROUP INC - A | Real estate | 11.8K | $1.6M | 0.0% | +13.0% |
| NEE NEXTERA ENERGY INC | Utilities | 4.8K | $441K | 0.0% | -9.5% |
| JLL JONES LANG LASALLE INC | Real estate | 1.1K | $344K | 0.0% | +0.9% |
| ZG ZILLOW GROUP INC - A | Services media | 5.1K | $210K | 0.0% | +0.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 169 | $9.67B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 230 | $10.13B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 223 | $9.95B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 219 | $9.64B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 212 | $9.66B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 205 | $9.48B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 234 | $10.66B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 199 | $9.24B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 203 | $8.66B | canonical | SEC ↗ |
Similar funds
COHEN & STEERS, INC.APG Asset Management US Inc.Partners Value Investments L.P.CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLCResolution Capital LtdLASALLE INVESTMENT MANAGEMENT SECURITIES LLCInvesture, LLCSUN LIFE FINANCIAL INCFAIRHOLME CAPITAL MANAGEMENT LLCRUSH ISLAND MANAGEMENT, LPAdelante Capital Management LLCHeitman Real Estate Securities LLC