SEC 13F Intelligence

Managers / Q2 2020 · view latest →

GRS Advisors, LLC

CIK 0001544554 · 900 N. MICHIGAN AVENUE, 14TH FLOOR, CHICAGO, IL, 60611 · 312-915-2900

Reported Value
$179M
Q2 2020
Positions
23
Filings on Record
32
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Grs Advisors, LLC reported $179M in U.S.-listed holdings across 23 positions for Q2 2020.

Its largest position, KRC, represents 8.9% of the portfolio.

Compared with Q1 2020, the fund opened 10 new positions and exited 5.

Portfolio Metrics

Turnover
+24.1%
vs prior filed quarter
Top-10 Concentration
+65.7%
share of reported value
Largest Position
+8.9%
Kilroy Rlty
New / Exited
10 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $157MQ4 ’18Q1 ’19: $170MQ2 ’19: $169MQ3 ’19: $178MQ4 ’19: $173MQ4 ’19Q1 ’20: $131MQ2 ’20: $179MQ3 ’20: $195MQ4 ’20: $220MQ4 ’20Q1 ’21: $158MQ2 ’21: $157MQ3 ’21: $247MQ4 ’21: $414MQ4 ’21Q1 ’22: $397MQ2 ’22: $341MQ3 ’22: $329MQ4 ’22: $418MQ4 ’22Q1 ’23: $523MQ2 ’23: $562MQ3 ’23: $565MQ4 ’23: $606MQ4 ’23Q1 ’24: $745MQ2 ’24: $867MQ3 ’24: $1.1BQ4 ’24: $1.0BQ4 ’24Q1 ’25: $961MQ2 ’25: $1.0BQ3 ’25: $1.1BQ4 ’25: $1.1BQ4 ’25Q1 ’26: $1.0Bfilingsflow.com

Portfolio Composition

By security type
REIT: 60.9%Common Stock: 32.4%Other: 5.6%US DOMESTIC: 1.1%
  • REIT · 60.9% · $109M
  • Common Stock · 32.4% · $58M
  • Other · 5.6% · $10M
  • US DOMESTIC · 1.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KRCKILROY RLTY CORPNEW+269.8K269.8K+$16M$16M
PHMPULTE GROUP INCNEW+343.0K343.0K+$12M$12M
LIFE STORAGE INCNEW+87.2K87.2K+$8M$8M
SITCUSDSITE CENTERS CORPNEW+688.7K688.7K+$6M$6M
VENVENTAS INCNEW+135.6K135.6K+$5M$5M
INVHINVITATION HOMES INCNEW+156.9K156.9K+$4M$4M
NNNNATIONAL RETAIL PROPERTIES INEW+112.0K112.0K+$4M$4M
NVRNVR INCNEW+1.2K1.2K+$4M$4M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KRCKILROY RLTY CORPhistory →COM8.86%$16M269.8K
2REXFORD INDL RLTY INCCOM8.80%$16M379.6K
3WHWYNDHAM HOTELS & RESORTS INChistory →COM7.51%$13M314.9K
4EQIXEQUINIX INChistory →COM7.22%$13M18.4K
5AMHAMERICAN HOMES 4 RENThistory →CL A6.73%$12M446.7K
6PHMPULTE GROUP INChistory →COM6.53%$12M343.0K
7HUDSON PAC PPTYS INCCOM5.63%$10M400.0K
8COLDEURAMERICOLD RLTY TRhistory →COM5.23%$9M257.2K
9LIFE STORAGE INCCOM4.63%$8M87.2K
10ADCAGREE REALTY CORPhistory →COM4.54%$8M123.5K
11SAFE1USDSAFEHOLD INChistory →COM3.87%$7M120.3K
12WRIWEINGARTEN RLTY INVShistory →SH BEN INT3.32%$6M313.6K
13HHYATT HOTELS CORPhistory →COM CL A3.19%$6M113.3K
14SITCUSDSITE CENTERS CORPhistory →COM3.12%$6M688.7K
15HLTHILTON WORLDWIDE HLDGS INChistory →COM2.92%$5M71.0K
16VENVENTAS INChistory →COM2.78%$5M135.6K
17ENSGENSIGN GROUP INChistory →COM2.62%$5M111.7K
18INVHINVITATION HOMES INChistory →COM2.42%$4M156.9K
19NREFNEXPOINT REAL ESTATE FIN INChistory →COM2.34%$4M250.0K
20NNNNATIONAL RETAIL PROPERTIES Ihistory →COM2.22%$4M112.0K
21NVRNVR INChistory →COM2.21%$4M1.2K
22TMHCTAYLOR MORRISON HOME CORPhistory →COM2.17%$4M200.6K
23BLACKSTONE MTG TR INCNOTE 4.375% 5/01.13%$2M2.18M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.0B32May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.1B33Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.1B31Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.0B27Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$961M32May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.0B30Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B27Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$867M26Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$745M30May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$606M30Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$565M30Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$562M28Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$523M31May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$418M30Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$329M27Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$341M31Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$397M31May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$414M37Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$247M28Nov 15, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$157M26Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$158M24May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$220M27Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$195M26Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$179M23Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$131M18May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$173M20Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$178M19Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$169M22Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$170M23May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$157M20Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.