GRS Advisors, LLC

Fundamental concentrated ★Signal real_estate specialist (87%) CIK 1544554
League rank
#420
in Fundamental concentrated · #1142 overall
Long book
$1.01B
Q1 2026
Positions
32
Top-10 weight
54%
concentration
Last quarter
+16.5%
SPY +14.8%
Turnover
41%
of book per quarter

Strategy in plain words

auto-generated from filings

GRS Advisors, LLC is a concentrated fundamental stock-picker, specialised in real_estate (87% of the long book), running a $1.01B US long book across 32 positions.

The portfolio is concentrated: the top 10 names carry 54% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: PROLOGIS INC, FEDERAL REALTY INVS TRUST, WYNDHAM HOTELS & RESORTS INC, VENTAS INC, COPT DEFENSE PROPERTIES.

Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 4 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
-2.6%
Q2 2024
+15.4%
Q3 2024
-4.8%
Q4 2024
-2.0%
Q1 2025
+2.4%
Q2 2025
+2.6%
Q3 2025
-0.1%
Q4 2025
+1.7%
Q1 2026
+16.5%

Sector allocation

Services media
78%
Real estate
21%
Industrials
1%
Financials
0%

Long book by quarter

$745.0M
Q1 2024
$867.1M
Q2 2024
$1.06B
Q3 2024
$1.01B
Q4 2024
$961.1M
Q1 2025
$1.04B
Q2 2025
$1.07B
Q3 2025
$1.11B
Q4 2025
$1.01B
Q1 2026

What does GRS Advisors, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
WH WYNDHAM HOTELS & RESORTS INCServices media753.6K$61.2M6.1%-16.8%
CBRE CBRE GROUP INC - AReal estate265.9K$36.0M3.6%+3527.6%
H HYATT HOTELS CORP - CL AServices media242.9K$34.9M3.5%New
PRSU PURSUIT ATTRACTIONS AND HOSPServices media910.3K$33.3M3.3%-15.7%
MTN VAIL RESORTS INCServices media15.0K$1.9M0.2%Held
MTH MERITAGE HOMES CORPIndustrials22.5K$1.4M0.1%-95.6%
RKT ROCKET COS INC-CLASS AFinancials25.0K$357K0.0%-97.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202632$1.01B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202633$1.11B canonicalSEC ↗
Q3 202513F-HRNov 14, 202531$1.07B canonicalSEC ↗
Q2 202513F-HRAug 14, 202527$1.04B canonicalSEC ↗
Q1 202513F-HRMay 15, 202532$961.1M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202530$1.01B canonicalSEC ↗
Q3 202413F-HRNov 14, 202427$1.06B canonicalSEC ↗
Q2 202413F-HRAug 14, 202426$867.1M canonicalSEC ↗
Q1 202413F-HRMay 15, 202430$745.0M canonicalSEC ↗