Pensionfund PDN
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| PROLOGIS INC. | PLD | $15.8M | 122,053 | +0.33pp | 32q | -5.4%-$908.9K | |
| WELLTOWER INC | WELL | $13.9M | 60,253 | +1.12pp | 32q | HELD | |
| EQUINIX INC | EQIX | $13.7M | 13,514 | +0.36pp | 28q | -5.6%-$809.2K | |
| SIMON PPTY GROUP INC NEW | SPG | $8.1M | 40,208 | -0.14pp | 32q | -5.4%-$461.7K | |
| DIGITAL RLTY TR INC | DLR | $7.9M | 45,119 | +0.31pp | 32q | -4.2%-$351.1K | |
| REALTY INCOME CORP | O | $7.3M | 134,870 | -0.21pp | 23q | -4.9%-$380.1K | |
| VIVMARK RESIDENTIAL | VMRK | $6.6M | 108,906 | +2.00pp | 32q | +101.5%+$3.3M | |
| PUBLIC STORAGE | PSA | $6.4M | 22,631 | -0.06pp | 32q | -3.2%-$214.4K | |
| Ventas Inc | VTR | $5.5M | 64,179 | +0.16pp | 32q | -3.7%-$212.5K | |
| VICI PPTYS INC | VICI | $4.7M | 206,000 | +0.22pp | 23q | +9.6%+$413.5K | |
| IRON MTN INC DEL | IRM | $4.5M | 40,300 | -0.13pp | 32q | -5.2%-$244.1K | |
| HEALTHPEAK PROPERTIES INC | DOC | $3.6M | 178,473 | -0.12pp | 28q | -11.4%-$459.3K | |
| EXTRA SPACE STORAGE INC | EXR | $2.8M | 21,340 | -0.02pp | 13q | -4.5%-$131.5K | |
| WP CAREY INC | WPC | $2.8M | 43,300 | -0.04pp | 28q | -5.5%-$161.5K | |
| ESSEX PPTY TR INC | ESS | $2.6M | 9,695 | -0.02pp | 32q | -6.7%-$188.6K | |
| INVITATION HOMES INC | INVH | $2.6M | 99,110 | -0.13pp | 32q | -7.5%-$210.7K | |
| BRIXMOR PPTY GROUP INC | BRX | $2.5M | 90,000 | -0.10pp | 32q | -6.2%-$165.6K | |
| LAMAR ADVERTISING CO | LAMR | $2.3M | 15,700 | -0.09pp | 8q | -11.3%-$288.3K | |
| HOST HOTELS & RESORTS INC | HST | $2.2M | 97,998 | +0.01pp | 32q | -6.7%-$156.7K | |
| NNN REIT INC | NNN | $2.1M | 51,200 | -0.07pp | 11q | -6.4%-$143.8K | |
| AMERICAN HOMES 4 RENT | AMH | $2.0M | 66,000 | -0.08pp | 32q | -9.6%-$212.8K | |
| OMEGA HEALTHCARE INVS INC | OHI | $2.0M | 43,300 | +0.04pp | 30q | -6.5%-$138.9K | |
| CUBESMART | CUBE | $1.9M | 50,000 | flat | 32q | -7.1%-$142.8K | |
| MID-AMER APT CMNTYS INC | MAA | $1.8M | 15,640 | -0.11pp | 32q | -6.0%-$117.7K | |
| SABRA HEALTH CARE REIT INC | SBRA | $1.8M | 90,730 | +0.07pp | 32q | -7.2%-$138.0K | |
| ESSENTIAL PPTYS RLTY TR INC | EPRT | $1.8M | 68,500 | +0.11pp | 27q | +13.2%+$206.5K | |
| STAG INDUSTRIAL INC | STAG | $1.8M | 48,880 | -0.03pp | 32q | -9.3%-$179.0K | |
| EPR PPTYS | EPR | $1.7M | 30,962 | +0.04pp | 32q | -6.1%-$112.3K | |
| LTC PPTYS INC | LTC | $1.7M | 40,500 | +0.14pp | 4q | -9.0%-$171.5K | |
| LXP INDUSTRIAL TRUST | LXP | $1.7M | 27,400 | +0.06pp | 4q | -18.0%-$365.5K | |
| GAMING & LEISURE P | GLPI | $1.5M | 40,172 | -0.02pp | 32q | HELD | |
| KITE REALTY GROUP TRUST | KRG | $1.5M | 62,500 | -0.09pp | 32q | -7.4%-$121.9K | |
| UMH PPTYS INC | UMH | $1.5M | 94,900 | +0.17pp | 32q | +6.7%+$92.4K | |
| KIMCO REALTY CORP | KIM | $1.5M | 65,731 | flat | 32q | HELD | |
| BROADSTONE NET LEASE INC | BNL | $1.4M | 77,000 | -0.12pp | 16q | -14.4%-$240.6K | |
| CARETRUST REIT INC | CTRE | $1.4M | 38,000 | -0.03pp | 7q | -7.3%-$109.7K | |
| UDR INC | UDR | $1.3M | 39,605 | -0.11pp | 32q | -9.2%-$134.2K | |
| AMERICOLD REALTY TRUST INC | COLD | $1.3M | 92,000 | -0.07pp | 7q | -9.8%-$139.8K | |
| MILLROSE PPTYS INC | MRP | $1.3M | 49,500 | -0.01pp | 4q | HELD | |
| CAMDEN PPTY TR | CPT | $1.3M | 13,086 | -0.14pp | 32q | -13.3%-$193.5K | |
| FOUR CORNERS PPTY TR INC | FCPT | $1.3M | 57,500 | +0.17pp | 22q | +29.2%+$282.8K | |
| NATIONAL HEALTH INVS INC | NHI | $1.2M | 19,000 | +0.26pp | 32q | +55.7%+$446.3K | |
| GETTY RLTY CORP NEW | GTY | $1.2M | 43,000 | -0.09pp | 17q | -8.5%-$112.9K | |
| HEALTHCARE RLTY TR | HR | $1.1M | 59,719 | -0.05pp | 17q | -7.7%-$88.7K | |
| COUSINS PPTYS INC | CUZ | $1.0M | 36,977 | -0.03pp | 30q | -9.8%-$110.6K | |
| OUTFRONT MEDIA INC | OUT | $961.0K | 34,617 | -0.15pp | 7q | -18.8%-$222.1K | |
| PHILLIPS EDISON & CO INC | PECO | $952.0K | 25,500 | +0.01pp | 3q | HELD | |
| ALEXANDRIA REAL ESTATE EQ IN | ARE | $888.0K | 18,700 | +0.01pp | 32q | HELD | |
| BXP INC | BXP | $838.0K | 13,717 | +0.02pp | 32q | HELD | |
| APPLE HOSPITALITY REIT INC | APLE | $808.0K | 50,000 | +0.04pp | 32q | HELD | |
| PARK HOTELS & RESORTS INC | PK | $802.0K | 52,038 | +0.09pp | 28q | HELD | |
| CHIRON REAL ESTATE INC | XRN | $793.0K | 22,800 | -0.07pp | 5q | -18.0%-$173.9K | |
| RLJ LODGING TR | RLJ | $765.0K | 69,200 | +0.03pp | 32q | HELD | |
| REGENCY CTRS CORP | REG | $647.0K | 9,000 | +0.01pp | 4q | HELD | |
| VORNADO RLTY TR | VNO | $619.0K | 18,265 | -0.01pp | 32q | HELD | |
| KILROY REALTY CORP | KRC | $599.0K | 18,000 | +0.01pp | 32q | HELD | |
| HIGHWOODS PPTYS INC | HIW | $575.0K | 19,802 | +0.03pp | 32q | HELD | |
| COMMUNITY HEALTHCARE TR INC | CHCT | $567.0K | 40,000 | -0.04pp | 4q | HELD | |
| INDEPENDENCE RLTY TR INC | IRT | $501.0K | 34,500 | -0.09pp | 23q | -22.5%-$145.2K | |
| CHATHAM LODGING TR | CLDT | $482.0K | 36,000 | +0.04pp | 32q | HELD | |
| CENTERSPACE | CSR | $478.0K | 8,780 | -0.03pp | 22q | -18.6%-$108.9K | |
| INNOVATIVE INDL PPTYS INC | IIPR | $443.0K | 8,400 | -0.01pp | 27q | HELD | |
| MACERICH CO | MAC | $419.0K | 18,720 | flat | 32q | HELD | |
| SUMMIT HOTEL PPTYS | INN | $412.0K | 69,000 | -0.01pp | 32q | HELD | |
| TANGER INC | SKT | $377.0K | 11,000 | flat | 32q | HELD | |
| BRANDYWINE RLTY TR | BDN | $368.0K | 131,400 | flat | 32q | HELD | |
| MEDICAL PROPERTIES TRUST INC | MPT | $301.0K | 87,000 | -0.03pp | 32q | HELD | |
| GLOBAL NET LEASE INC | GNL | $256.0K | 30,976 | +0.01pp | 32q | HELD | |
| PEBBLEBROOK HOTEL TR | PEB | $167.0K | 8,911 | +0.01pp | 32q | HELD | |
| HUDSON PACIFIC PROPERTIES IN | HPP | $139.0K | 12,071 | -0.01pp | 4q | HELD | |
| Power REIT | PW | $55.0K | 7,852 | -0.01pp | 2q | HELD | |
| SITE CTRS CORP | SITC | $25.0K | 7,500 | flat | 9q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Real Estate | $169.2M | 99.5% |
| Other sectors | $802.0K | 0.5% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | -7.3% | +2.1% | -9.4% | 97% |
| Q2 2026 | +11.7% | +14.8% | -3.1% | 100% |
| Q1 2026 | +3.4% | -4.6% | +8.1% | 100% |
| Q4 2025 | +1.5% | +2.4% | -0.8% | 100% |
| Q3 2025 | +5.7% | +7.8% | -2.1% | 100% |
| Q2 2025 | -2.5% | +10.5% | -12.9% | 100% |
| Q1 2025 | +0.5% | -4.6% | +5.0% | 100% |
| Q4 2024 | -8.4% | +2.1% | -10.5% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $170.0M | 72 | 0 | 6 | 39 | 4 | 52.9% | 5 |
| Q2 2026 | $194.4M | 76 | 1 | 7 | 1 | 1 | 49.7% | 1 |
| Q1 2026 | $172.9M | 76 | 1 | 41 | 0 | 1 | 51.7% | 1 |
| Q4 2025 | $151.9M | 76 | 7 | 5 | 7 | 2 | 49.5% | 12 |
| Q3 2025 | $154.4M | 71 | 1 | 7 | 7 | 1 | 49.3% | 177 |
| Q2 2025 | $148.4M | 71 | 0 | 6 | 2 | 0 | 47.3% | 1 |
| Q1 2025 | $151.2M | 71 | 3 | 1 | 47 | 0 | 46.5% | 91 |
| Q4 2024 | $160.9M | 68 | 1 | 0 | 56 | 1 | 46.8% | 6 |
| Q3 2024 | $218.3M | 68 | 1 | 11 | 1 | 1 | 46.6% | 9 |
| Q2 2024 | $188.1M | 68 | 0 | 12 | 1 | 2 | 45.4% | 2 |
| Q1 2024 | $186.9M | 70 | 1 | 48 | 0 | 2 | 45.3% | 3 |
| Q4 2023 | $165.9M | 71 | 1 | 11 | 2 | 1 | 41.9% | 4 |
| Q3 2023 | $143.5M | 71 | 1 | 24 | 2 | 2 | 41.6% | 10 |
| Q2 2023 | $153.6M | 72 | 0 | 16 | 7 | 1 | 41.4% | 5 |
| Q1 2023 | $147.8M | 73 | 0 | 27 | 6 | 5 | 41.1% | 3 |
| Q4 2022 | $143.7M | 78 | 1 | 2 | 73 | 7 | 39.2% | 3 |
| Q3 2022 | $296.8M | 84 | 4 | 75 | 0 | 0 | 37.0% | 3 |
| Q2 2022 | $158.2M | 80 | 1 | 6 | 27 | 2 | 37.3% | 6 |
| Q1 2022 | $209.7M | 81 | 2 | 0 | 55 | 373 | 35.8% | 12 |
| Q4 2021 | $859.0M | 452 | 3 | 5 | 25 | 4 | 23.5% | 6 |
| Q3 2021 | $779.9M | 453 | 281 | 25 | 97 | 30 | 21.7% | 12 |
| Q2 2021 | $777.5M | 202 | 4 | 11 | 86 | 1 | 18.0% | 1 |
| Q1 2021 | $748.6M | 199 | 32 | 112 | 20 | 29 | 17.3% | 1 |
| Q4 2020 | $555.5M | 196 | 0 | 0 | 0 | 0 | 18.9% | 4 |
| Q3 2020 | $555.5M | 196 | 1 | 11 | 53 | 4 | 18.9% | 5 |
| Q2 2020 | $534.6M | 199 | 7 | 20 | 10 | 4 | 17.7% | 1 |
| Q1 2020 | $444.7M | 196 | 4 | 20 | 65 | 8 | 17.1% | 2 |
| Q4 2019 | $609.7M | 200 | 21 | 28 | 25 | 24 | 16.2% | 6 |
| Q3 2019 | $555.3M | 203 | 0 | 0 | 0 | 0 | 15.4% | 1 |
| Q2 2019 | $555.3M | 203 | 25 | 16 | 18 | 23 | 15.4% | 2 |
| Q1 2019 | $541.5M | 201 | 12 | 22 | 70 | 17 | 15.7% | 1 |
| Q4 2018 | $502.5M | 206 | 0 | 0 | 0 | 0 | 15.4% | 2 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.