GRS Advisors, LLC
Net buyer this quarter
$1.18B
27
+$34.8M
59.7%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 CTRE | $94.4M | 7.97% | 0.99% | +78.0% | Q1 2019 |
 AMT | $88.9M | 7.51% | 0.12% | Not reported | Q2 2013 |
 CBRE | $75.1M | 6.34% | 0.19% | +109.8% | Q2 2022 |
 AHR | $73.5M | 6.20% | 0.72% | +38.0% | Q3 2024 |
 CURB | $73.4M | 6.20% | 2.12% | +47.4% | Q4 2024 |
 CDP | $70.3M | 5.93% | 1.70% | +17.0% | Q3 2025 |
 SBAC | $65.1M | 5.50% | 0.35% | +85.0% | Q2 2013 |
 REXR | $62M | 5.23% | 0.83% | Not reported | Q2 2016 |
 RHP | $54.5M | 4.60% | 0.67% | +1605.5% | Q4 2020 |
 BNL | $50M | 4.22% | 1.26% | -9.1% | Q1 2026 |
 NTST | $48.4M | 4.09% | 2.26% | +2.1% | Q3 2022 |
 OUT | $43.1M | 3.64% | 0.75% | +1.9% | Q1 2025 |
 EQIX | $42.1M | 3.56% | 0.04% | -9.5% | Q4 2013 |
 MHO | $41.4M | 3.50% | 1.01% | New | Q2 2026 |
 TNL | $40.2M | 3.40% | 0.86% | Not reported | Q4 2021 |
 MTH | $38.5M | 3.25% | 0.70% | +1938.0% | Q2 2014 |
 IRT | $37.7M | 3.19% | 0.96% | Not reported | Q4 2021 |
 SKT | $37.6M | 3.17% | 0.83% | +37.9% | Q2 2023 |
 H | $34.9M | 2.95% | Not reported | -25.9% | Q2 2013 |
 LINE | $34.4M | 2.91% | 0.35% | -17.6% | Q3 2024 |
 PRSU | $24.6M | 2.08% | 1.61% | -51.7% | Q3 2025 |
 HIW | $24.1M | 2.04% | 0.73% | Not reported | Q1 2020 |
 WELL | $20.6M | 1.74% | 0.01% | -37.8% | Q1 2016 |
 CUBE | $2.7M | 0.23% | 0.03% | -31.4% | Q1 2015 |
 INVH | $2.56M | 0.22% | 0.01% | Not reported | Q4 2017 |
 IRM | $2.43M | 0.21% | 0.01% | Not reported | Q1 2026 |
 FRT | $1.91M | 0.16% | 0.02% | -97.8% | Q1 2016 |
| Q1 2026 | |||||
 PLD | $82.1M | 8.12% | 0.07% | Not reported | Q2 2014 |
| FRT | $72.9M | 7.21% | 0.80% | +99.1% | Q1 2016 |
 WH | $61.2M | 6.05% | 1.00% | -16.8% | Q3 2019 |
 VTR | $51.1M | 5.05% | 0.13% | +1575.6% | Q2 2013 |
| CDP | $50.5M | 4.99% | 1.46% | +58.3% | Q3 2025 |
| BNL | $48.7M | 4.81% | 1.39% | New | Q1 2026 |
| CTRE | $48.2M | 4.76% | 0.58% | -20.8% | Q1 2019 |
| AHR | $48.2M | 4.76% | 0.54% | -12.3% | Q3 2024 |
| EQIX | $43.8M | 4.33% | 0.05% | -57.5% | Q4 2013 |
| NTST | $42.3M | 4.18% | 2.31% | Not reported | Q3 2022 |
| CURB | $42.3M | 4.18% | 1.55% | +2.4% | Q4 2024 |
 CUZ | $39.8M | 3.94% | 1.07% | Not reported | Q1 2019 |
 BXMT | $38M | 3.76% | 1.18% | Not reported | Q2 2013 |
| CBRE | $36M | 3.56% | 0.09% | +3527.6% | Q2 2022 |
 REG | $36M | 3.55% | 0.26% | -31.5% | Q1 2017 |
| H | $34.9M | 3.45% | Not reported | Not reported | Q2 2013 |
| SBAC | $34.3M | 3.39% | 0.19% | -24.5% | Q2 2013 |
| OUT | $34.2M | 3.38% | 0.73% | -60.7% | Q1 2025 |
| PRSU | $33.3M | 3.30% | 3.32% | -15.7% | Q3 2025 |
| LINE | $31.7M | 3.13% | 0.43% | -36.2% | Q3 2024 |
| WELL | $28.8M | 2.85% | 0.02% | -0.2% | Q1 2016 |
 UDR | $27.6M | 2.72% | 0.25% | -9.0% | Q1 2023 |
| SKT | $23.5M | 2.32% | 0.60% | -0.6% | Q2 2023 |
 JAN | $5M | 0.49% | Not reported | New | Q1 2026 |
 CCI | $3.82M | 0.38% | 0.01% | -93.2% | Q2 2013 |
| CUBE | $3.64M | 0.36% | 0.04% | +76.7% | Q1 2015 |
| RHP | $2.29M | 0.23% | 0.04% | -96.5% | Q4 2020 |
| INVH | $2.1M | 0.21% | 0.01% | Not reported | Q4 2017 |
| IRM | $1.96M | 0.19% | 0.01% | New | Q1 2026 |
 MTN | $1.92M | 0.19% | 0.04% | Not reported | Q1 2014 |
| MTH | $1.39M | 0.14% | 0.03% | -95.6% | Q2 2014 |
 RKT | $357K | 0.04% | Not reported | -98.0% | Q4 2025 |
| Q4 2025 | |||||
| EQIX | $80.5M | 7.22% | 0.11% | +29.9% | Q4 2013 |
| OUT | $79.2M | 7.11% | 1.88% | +33.2% | Q1 2025 |
| WH | $68.5M | 6.14% | 1.20% | +17857.7% | Q3 2019 |
| RHP | $68M | 6.10% | 1.14% | +40.7% | Q4 2020 |
| CCI | $61.6M | 5.53% | 0.16% | -46.5% | Q2 2013 |
| CTRE | $60M | 5.38% | 0.74% | +7.0% | Q1 2019 |
| AHR | $54.8M | 4.92% | 0.63% | -21.4% | Q3 2024 |
| LINE | $53M | 4.76% | 0.67% | +37.1% | Q3 2024 |
| SBAC | $51.1M | 4.59% | 0.25% | +2338.9% | Q2 2013 |
| REG | $47.9M | 4.30% | 0.38% | Not reported | Q1 2017 |
 DBRG | $39.5M | 3.54% | 1.41% | Not reported | Q4 2021 |
 CPT | $38M | 3.41% | 0.33% | Not reported | Q1 2014 |
| CURB | $37.1M | 3.33% | 1.52% | -33.4% | Q4 2024 |
| PRSU | $36.4M | 3.26% | 3.86% | +37.1% | Q3 2025 |
| FRT | $34.8M | 3.12% | 0.40% | -47.3% | Q1 2016 |
| MTH | $33.9M | 3.04% | 0.76% | Not reported | Q2 2014 |
 MAC | $33.2M | 2.98% | 0.70% | Not reported | Q2 2013 |
| UDR | $32.9M | 2.95% | 0.27% | +1657.2% | Q1 2023 |
 NCLH | $31.6M | 2.83% | 0.31% | +1.8% | Q1 2016 |
| CDP | $29M | 2.60% | 0.92% | +6.7% | Q3 2025 |
 VNO | $28.2M | 2.53% | 0.45% | +7.2% | Q3 2014 |
| WELL | $27.1M | 2.43% | 0.02% | +9.1% | Q1 2016 |
| HIW | $25.3M | 2.27% | 0.89% | -52.1% | Q1 2020 |
| RKT | $23.6M | 2.12% | Not reported | New | Q4 2025 |
| SKT | $23.2M | 2.08% | 0.60% | -41.1% | Q2 2023 |
| VTR | $2.89M | 0.26% | 0.01% | Not reported | Q2 2013 |
 DLR | $2.49M | 0.22% | 0.00% | -84.6% | Q1 2018 |
| INVH | $2.35M | 0.21% | 0.01% | +9.3% | Q4 2017 |
 GLPI | $2.1M | 0.19% | 0.02% | Not reported | Q4 2021 |
| CUBE | $2.02M | 0.18% | 0.02% | Not reported | Q1 2015 |
| MTN | $1.99M | 0.18% | 0.04% | -96.7% | Q1 2014 |
 JLL | $1.32M | 0.12% | 0.01% | -93.7% | Q1 2021 |
| CBRE | $1.18M | 0.11% | 0.00% | -93.7% | Q2 2022 |
| Q3 2025 | |||||
| CCI | $125M | 11.69% | 0.30% | +108.1% | Q2 2013 |
| MTN | $67.6M | 6.33% | 1.26% | -1.0% | Q1 2014 |
| FRT | $66.4M | 6.21% | 0.76% | +31.0% | Q1 2016 |
| HIW | $65.1M | 6.10% | 1.87% | +64.1% | Q1 2020 |
| EQIX | $63.4M | 5.93% | 0.08% | -0.2% | Q4 2013 |
| H | $62.4M | 5.84% | Not reported | -17.3% | Q2 2013 |
| AHR | $62.2M | 5.82% | 0.88% | -19.0% | Q3 2024 |
| CTRE | $53.8M | 5.03% | 0.70% | +79.1% | Q1 2019 |
| CURB | $53.6M | 5.01% | 2.28% | +1.3% | Q4 2024 |
| RHP | $45.8M | 4.29% | 0.81% | +28.7% | Q4 2020 |
| OUT | $45.2M | 4.23% | 1.48% | +12.8% | Q1 2025 |
| LINE | $42.7M | 4.00% | 0.48% | +33.5% | Q3 2024 |
| SKT | $39.9M | 3.73% | 1.02% | -37.6% | Q2 2023 |
| NCLH | $34.2M | 3.21% | 0.31% | Not reported | Q1 2016 |
| VNO | $32.1M | 3.00% | 0.41% | Not reported | Q3 2014 |
| PRSU | $28.5M | 2.67% | 2.79% | New | Q3 2025 |
 TOL | $28.4M | 2.66% | 0.21% | Not reported | Q2 2013 |
| CDP | $28.4M | 2.66% | 0.87% | New | Q3 2025 |
| WELL | $23.8M | 2.23% | 0.02% | -45.7% | Q1 2016 |
 PHM | $19.5M | 1.83% | 0.07% | Not reported | Q2 2020 |
| JLL | $18.7M | 1.75% | 0.13% | Not reported | Q1 2021 |
| CBRE | $18.4M | 1.72% | 0.04% | Not reported | Q2 2022 |
| DLR | $18M | 1.69% | 0.03% | -47.6% | Q1 2018 |
 CCL | $11.5M | 1.08% | 0.03% | -78.6% | Q3 2020 |
| VTR | $2.61M | 0.24% | 0.01% | -93.8% | Q2 2013 |
| CUBE | $2.28M | 0.21% | 0.02% | Not reported | Q1 2015 |
| INVH | $2.27M | 0.21% | 0.01% | Not reported | Q4 2017 |
| GLPI | $2.19M | 0.20% | 0.02% | Not reported | Q4 2021 |
| SBAC | $2.09M | 0.20% | 0.01% | -93.0% | Q2 2013 |
| UDR | $1.9M | 0.18% | 0.02% | Not reported | Q1 2023 |
| WH | $403K | 0.04% | 0.01% | Not reported | Q3 2019 |