SEC 13F Intelligence

Managers / Q3 2022 · view latest →

B&I Capital AG

CIK 0001843527 · TALACKER 35, ZURICH, V8, 8001 · 41-44-215-2888

Reported Value
$253M
Q3 2022
Positions
26
Filings on Record
23
2019–present window
Filed
Nov 14, 2022
original filing

Summary

B&I Capital AG reported $253M in U.S.-listed holdings across 26 positions for Q3 2022.

Its largest position, PLD, represents 11.0% of the portfolio.

Compared with Q2 2022, the fund opened 0 new positions and exited 3.

Portfolio Metrics

Turnover
+3.8%
vs prior filed quarter
Top-10 Concentration
+63.8%
share of reported value
Largest Position
+11.0%
Prologis

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 ’20: $337MQ4 ’20Q1 ’21: $344MQ2 ’21: $376MQ3 ’21: $375MQ3 ’21Q4 ’21: $420MQ1 ’22: $382MQ2 ’22: $309MQ2 ’22Q3 ’22: $253MQ4 ’22: $285MQ1 ’23: $302MQ1 ’23Q2 ’23: $300MQ3 ’23: $276MQ4 ’23: $318MQ4 ’23Q1 ’24: $316MQ2 ’24: $313MQ3 ’24: $345MQ3 ’24Q4 ’24: $307MQ1 ’25: $308MQ2 ’25: $294MQ2 ’25Q3 ’25: $289MQ4 ’25: $281MQ1 ’26: $294MQ1 ’26filingsflow.com

Portfolio Composition

By security type
REIT: 97.7%Other: 2.3%
  • REIT · 97.7% · $247M
  • Other · 2.3% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SAFE1USDSAFEHOLD INCADDED+232.7K379.0K+$5M$10M
ISTAR INCSOLD OUT−685.4K0−$9M$0
DOCHEALTHPEAK PROPERTIES INCSOLD OUT−291.9K0−$8M$0
EPREPR PPTYSSOLD OUT−22.7K0−$1M$0
CUBECUBESMARTTRIMMED−182.6K158.8K−$8M$6M
WELLWELLTOWER INCADDED+83.4K251.1K+$2M$16M
AMHAMERICAN HOMES 4 RENTADDED+67.9K289.4K+$2M$9M
GLPIGAMING & LEISURE PPTYS INCTRIMMED−12.5K35.0K−$629,000$2M

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

Holdings — Q3 2022

26 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PLDPROLOGIS INC.history →COM11.03%$28M275.0K
2SBACSBA COMMUNICATIONS CORP NEWhistory →CL A8.91%$23M79.3K
3EQIXEQUINIX INChistory →COM7.19%$18M32.0K
4WELLWELLTOWER INChistory →COM6.38%$16M251.1K
5SPGSIMON PPTY GROUP INC NEWhistory →COM5.98%$15M168.8K
6AREALEXANDRIA REAL ESTATE EQ INhistory →COM5.04%$13M91.1K
7PECOPHILLIPS EDISON & CO INChistory →COMMON STOCK4.92%$12M444.5K
8UMHUMH PPTYS INChistory →COM4.87%$12M763.9K
9NSANATIONAL STORAGE AFFILIATEShistory →COM SH BEN IN4.75%$12M289.5K
10REXFORD INDL RLTY INCCOM4.75%$12M231.2K
11SAFE1USDSAFEHOLD INChistory →COM3.96%$10M379.0K
12AMHAMERICAN HOMES 4 RENThistory →CL A3.75%$9M289.4K
13VENVENTAS INChistory →COM3.53%$9M222.4K
148CWCROWN CASTLE INTL CORP NEWhistory →COM3.51%$9M61.5K
15UDRUDR INChistory →COM2.57%$7M156.3K
16APARTMENT INCOME REIT CORPCOM2.53%$6M165.9K
17CUBECUBESMARThistory →COM2.51%$6M158.8K
18CPTCAMDEN PPTY TRhistory →SH BEN INT2.50%$6M53.0K
19EPRTESSENTIAL PPTYS RLTY TR INChistory →COM2.31%$6M301.0K
20VERIS RESIDENTIAL INCCOM2.28%$6M507.8K
21GETTY RLTY CORP NEWCOM1.82%$5M171.1K
22AMTAMERICAN TOWER CORP NEWhistory →COM1.77%$4M20.9K
23LANDGLADSTONE LD CORPhistory →COM1.13%$3M157.8K
24INNOVATIVE INDL PPTYS INCCOM0.74%$2M21.2K
25AATAMERICAN ASSETS TR INCCOM0.64%$2M62.7K
26GLPIGAMING & LEISURE PPTYS INCCOM0.61%$2M35.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$294M24May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$281M25Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$289M29Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$294M31Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$308M30May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$307M27Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$345M27Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$313M27Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$316M25Apr 23, 202413F-HRchanges · EDGAR ↗
Q4 2023$318M27Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$276M27Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$300M27Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$302M25Apr 27, 202313F-HRchanges · EDGAR ↗
Q4 2022$285M26Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$253M26Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$309M29Aug 1, 202213F-HRchanges · EDGAR ↗
Q1 2022$382M33May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$420M34Feb 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$375M38Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$376M33Jul 27, 202113F-HRchanges · EDGAR ↗
Q1 2021$344M29May 18, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$337M28Feb 10, 202113F-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 ↗.