Adelante Capital Management LLC Buys Invitation Homes Inc, HCP Inc, Pebblebrook Hotel Trust, Sells Hilton Grand Vacations Inc, Ventas Inc, Marriott International Inc

• New Purchases: INVH, PGRE,
• Added Positions: HCP, PEB, JBGS, INXN, BXP, COLD, DRH, COR, ARE, VNQ, ALEX, HPP,
• Reduced Positions: VTR, SPG, EQIX, ESS, MAR, AIV, PLD, AMT, EQR, HIW, ROIC, CUBE, KRC, REG, SUI, EXR, KIM, TRNO, HTA, DRE,
• Sold Out: HGV, OFC, CWK, NNN,

For the details of Adelante Capital Management LLC's stock buys and sells, go to https://www.gurufocus.com/guru/adelante+capital+management+llc/current-portfolio/portfolio

1. Prologis Inc (PLD) - 1,942,106 shares, 8.01% of the total portfolio. Shares reduced by 5.85%
2. Simon Property Group Inc (SPG) - 955,791 shares, 7.86% of the total portfolio. Shares reduced by 10.62%
3. Equinix Inc (EQIX) - 260,074 shares, 6.75% of the total portfolio. Shares reduced by 14.37%
4. Equity Residential (EQR) - 1,619,957 shares, 6.33% of the total portfolio. Shares reduced by 5.14%
5. Alexandria Real Estate Equities Inc (ARE) - 695,949 shares, 5.06% of the total portfolio. Shares added by 1.68%

Adelante Capital Management LLC initiated holding in Invitation Homes Inc. The purchase prices were between $23.99 and $27.75, with an estimated average price of $25.46. The stock is now traded at around $28.46. The impact to a portfolio due to this purchase was 1.66%. The holding were 1,205,226 shares as of .

Adelante Capital Management LLC initiated holding in Paramount Group Inc. The purchase prices were between $13.56 and $14.99, with an estimated average price of $14.41. The stock is now traded at around $13.04. The impact to a portfolio due to this purchase was 0.41%. The holding were 566,308 shares as of .

Adelante Capital Management LLC added to a holding in HCP Inc by 40.14%. The purchase prices were between $29.15 and $33.29, with an estimated average price of $31.08. The stock is now traded at around $34.30. The impact to a portfolio due to this purchase was 1.23%. The holding were 2,605,050 shares as of .

Adelante Capital Management LLC added to a holding in Pebblebrook Hotel Trust by 85.46%. The purchase prices were between $27.22 and $33.39, with an estimated average price of $30.23. The stock is now traded at around $26.43. The impact to a portfolio due to this purchase was 0.89%. The holding were 1,331,144 shares as of .

Adelante Capital Management LLC added to a holding in JBG SMITH Properties by 50.45%. The purchase prices were between $38.5 and $43.17, with an estimated average price of $41.13. The stock is now traded at around $38.78. The impact to a portfolio due to this purchase was 0.45%. The holding were 664,978 shares as of .

Adelante Capital Management LLC added to a holding in InterXion Holding NV by 238.46%. The purchase prices were between $66.42 and $76.14, with an estimated average price of $71.34. The stock is now traded at around $80.11. The impact to a portfolio due to this purchase was 0.37%. The holding were 135,045 shares as of .

Adelante Capital Management LLC added to a holding in Vanguard REIT ETF by 99.81%. The purchase prices were between $84.55 and $91.52, with an estimated average price of $87.51. The stock is now traded at around $91.68. The impact to a portfolio due to this purchase was 0.02%. The holding were 10,390 shares as of .

Adelante Capital Management LLC sold out a holding in Hilton Grand Vacations Inc. The sale prices were between $25.11 and $33.57, with an estimated average price of $29.73.

Adelante Capital Management LLC sold out a holding in Corporate Office Properties Trust. The sale prices were between $26.3 and $29.11, with an estimated average price of $27.88.

Adelante Capital Management LLC sold out a holding in Cushman & Wakefield PLC. The sale prices were between $16.8 and $19.77, with an estimated average price of $18.22.

Adelante Capital Management LLC sold out a holding in National Retail Properties Inc. The sale prices were between $50.76 and $55.44, with an estimated average price of $53.37.