Q4 2025 · 13F-HR
GRS Advisors, LLCholdings as filed
Filed 2026-02-17 · accession 0001172661-26-000846
$1.11B
Reported value
33
Positions
2025-12-31
Period end
The Brief · GRS Advisors, LLC · Q4 2025
AI · grounded in 13F
GRS Advisors, LLC closed its position in H for a reduction of $62.4M. The fund established three new positions in REG for $47.9M, DBRG for $39.5M, and CPT for $38M. Other notable activity includes a significant accumulation of WH shares and the closure of its position in TOL for $28.4M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 29444U700 | EQIX | EQUINIX INC | $80.5M | 7.22% | 105,044 | Common | SOLE |
| 69007J304 | OUT | OUTFRONT MEDIA INC | $79.2M | 7.11% | 3,286,607 | Common | SOLE |
| 98311A105 | WH | WYNDHAM HOTELS & RESORTS INC | $68.5M | 6.14% | 906,144 | Common | SOLE |
| 78377T107 | RHP | RYMAN HOSPITALITY PPTYS INC | $68.0M | 6.10% | 719,104 | Common | SOLE |
| 22822V101 | CCI | CROWN CASTLE INC | $61.6M | 5.53% | 693,012 | Common | SOLE |
| 14174T107 | CTRE | CARETRUST REIT INC | $60.0M | 5.38% | 1,658,698 | Common | SOLE |
| 398182303 | AHR | AMERICAN HEALTHCARE REIT INC | $54.8M | 4.92% | 1,164,327 | Common | SOLE |
| 53566V106 | LINE | LINEAGE INC | $53.0M | 4.76% | 1,515,244 | Common | SOLE |
| 78410G104 | SBAC | SBA COMMUNICATIONS CORP NEW | $51.1M | 4.59% | 264,256 | Common | SOLE |
| 758849103 | REG | REGENCY CTRS CORP | $47.9M | 4.30% | 694,169 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $39.5M | 3.54% | 2,571,868 | Common | SOLE |
| 133131102 | CPT | CAMDEN PPTY TR | $38.0M | 3.41% | 345,599 | Common | SOLE |
| 23128Q101 | CURB | CURBLINE PPTYS CORP | $37.1M | 3.33% | 1,599,883 | Common | SOLE |
| 92552R406 | PRSU | PURSUIT ATTRACTIONS AND HOSP | $36.4M | 3.26% | 1,079,979 | Common | SOLE |
| 313745101 | FRT | FEDERAL RLTY INVT TR NEW | $34.8M | 3.12% | 344,990 | Common | SOLE |
| 59001A102 | MTH | MERITAGE HOMES CORP | $33.9M | 3.04% | 514,743 | Common | SOLE |
| 554382101 | MAC | MACERICH CO | $33.2M | 2.98% | 1,797,730 | Common | SOLE |
| 902653104 | UDR | UDR INC | $32.9M | 2.95% | 896,430 | Common | SOLE |
| G66721104 | NCLH | NORWEGIAN CRUISE LINE HLDG L | $31.6M | 2.83% | 1,415,073 | Common | SOLE |
| 22002T108 | CDP | COPT DEFENSE PROPERTIES | $29.0M | 2.60% | 1,042,348 | Common | SOLE |
| 929042109 | VNO | VORNADO RLTY TR | $28.2M | 2.53% | 848,689 | Common | SOLE |
| 95040Q104 | WELL | WELLTOWER INC | $27.1M | 2.43% | 145,803 | Common | SOLE |
| 431284108 | HIW | HIGHWOODS PPTYS INC | $25.3M | 2.27% | 981,523 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $23.6M | 2.12% | 1,219,127 | Common | SOLE |
| 875465106 | SKT | TANGER INC | $23.2M | 2.08% | 694,827 | Common | SOLE |
| 92276F100 | VTR | VENTAS INC | $2.9M | 0.26% | 37,287 | Common | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $2.5M | 0.22% | 16,064 | Common | SOLE |
| 46187W107 | INVH | INVITATION HOMES INC | $2.4M | 0.21% | 84,578 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $2.1M | 0.19% | 46,885 | Common | SOLE |
| 229663109 | CUBE | CUBESMART | $2.0M | 0.18% | 56,153 | Common | SOLE |
| 91879Q109 | MTN | VAIL RESORTS INC | $2.0M | 0.18% | 14,977 | Common | SOLE |
| 48020Q107 | JLL | JONES LANG LASALLE INC | $1.3M | 0.12% | 3,926 | Common | SOLE |
| 12504L109 | CBRE | CBRE GROUP INC | $1.2M | 0.11% | 7,329 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.