ADELANTE CAPITAL MANAGEMENT LLC Information

555 12TH STREET, OAKLAND, California, 94607, (510) 986-2100

Report Date: 12/31/2014

Position Statistics

Total Positions 44
New Positions 4
Increased Positions 20
Decreased Positions 24
Positions with Activity 44
Sold Out Positions 6
Total Mkt Value (in $ millions) 2,248

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods
Conglomerates 0%
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial
Healthcare 1.31%
Services 93.42%
Technology
Transportation
Utilities

44 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SIMON PPTY GROUP INC NEW COM 218,654 -6,354 (2.82) 1,168,458
EQUITY RESIDENTIAL SH BEN INT 163,996 -3,433 (2.05) 2,120,730
HEALTH CARE REIT INC COM 128,784 -1,741 (1.33) 1,679,503
BOSTON PROPERTIES INC COM 106,354 -23,236 (17.93) 764,974
ESSEX PPTY TR INC COM 104,196 1,926 1.88 460,658
PUBLIC STORAGE COM 103,850 6,549 6.73 530,929
AVALONBAY CMNTYS INC COM 93,572 19,422 26.19 550,653
PROLOGIS INC COM 90,037 -1,175 (1.29) 2,110,579
GENERAL GROWTH PPTYS INC NEW COM 81,252 -17,791 (17.96) 2,796,984
HCP INC COM 67,724 -16,487 (19.58) 1,614,782
MARRIOTT INTL INC NEW CL A 65,445 6,521 11.07 789,449
DUKE REALTY CORP COM NEW 65,088 11,819 22.19 3,068,743
TAUBMAN CTRS INC COM 63,130 3,791 6.39 856,231
DOUGLAS EMMETT INC COM 62,568 60,379 2,758.14 2,200,767
ALEXANDRIA REAL ESTATE EQ INC COM 60,577 7,787 14.75 619,205
FEDERAL REALTY INVT TR SH BEN INT NEW 57,645 42,338 276.60 406,380
STRATEGIC HOTELS & RESORTS INC COM 55,644 46,098 482.93 4,381,417
AMERICAN TOWER CORP NEW COM 53,750 4,226 8.53 541,615
RETAIL OPPORTUNITY INVTS CORP COM 52,670 -2,553 (4.62) 3,014,891
STARWOOD HOTELS&RESORTS WRLDWD COM 47,973 1,266 2.71 594,097