Uniplan Investment Counsel, Inc. Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$1.0B

Holdings

181

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (181 positions)

#	Stock	Shares	Value	% Portfolio
1	WELLWelltower Inc.	324,776	$57.9M	5.67%
2	EQIXEquinix, Inc.	62,284	$48.8M	4.78%
3	AMTAmerican Tower Corporation	251,400	$48.3M	4.74%
4	SPGSimon Property Group, Inc.	231,481	$43.4M	4.26%
5	EGPEastGroup Properties, Inc.	186,418	$31.6M	3.09%
6	TRNOTerreno Realty Corporation	497,204	$28.2M	2.76%
7	KRGKite Realty Group Trust	1,183,371	$26.4M	2.59%
8	VENVentas, Inc.	363,690	$25.5M	2.49%
9	8CWCrown Castle Inc.	253,947	$24.5M	2.40%
10	GLPIGaming and Leisure Properties, Inc.	496,759	$23.2M	2.27%
11	VICIVICI Properties Inc	696,419	$22.7M	2.22%
12	PSAPublic Storage	71,458	$20.6M	2.02%
13	EXRExtra Space Storage Inc.	126,338	$17.8M	1.74%
14	ELSEquity LifeStyle Properties, Inc.	253,904	$15.4M	1.51%
15	USFRWisdomTree Floating Rate Treasury Fund	299,956	$15.1M	1.48%
16	ESSEssex Property Trust, Inc.	54,885	$14.7M	1.44%
17	BXPBXP Inc	185,675	$13.8M	1.35%
18	ORealty Income Corporation	221,391	$13.5M	1.32%
19	PLDPrologis, Inc.	111,666	$12.8M	1.25%
20	AVBAvalonBay Communities, Inc.	64,449	$12.4M	1.22%
21	REGRegency Centers Corporation	167,799	$12.2M	1.20%
22	FQIDigital Realty Trust, Inc.	66,990	$11.6M	1.13%
23	MAAMid-America Apartment Communities, Inc.	77,218	$10.8M	1.06%
24	CPTCamden Property Trust	96,322	$10.3M	1.01%
25	FPIFarmland Partners Inc	904,653	$9.8M	0.96%
26	OHIOmega Healthcare Investors, Inc.	231,527	$9.8M	0.96%
27	IDIInterDigital, Inc.	27,842	$9.6M	0.94%
28	ADCAgree Realty Corporation	128,874	$9.2M	0.90%
29	SBACSBA Communications Corp. Class A	45,303	$8.8M	0.86%
30	INVHInvitation Homes, Inc.	277,536	$8.1M	0.80%
31	WYWeyerhaeuser Company	327,333	$8.1M	0.79%
32	OUTOUTFRONT Media Inc.	427,158	$7.8M	0.77%
33	KMIKinder Morgan Inc Class P	270,297	$7.7M	0.75%
34	SIISprott Inc.	90,119	$7.5M	0.73%
35	LGNDLigand Pharmaceuticals Incorporated	42,176	$7.5M	0.73%
36	LINCLincoln Educational Services Corporation	314,038	$7.4M	0.72%
37	SEISolaris Energy Infrastructure, Inc. Class A	183,793	$7.3M	0.72%
38	SUISun Communities, Inc.	56,173	$7.2M	0.71%
39	WULFTeraWulf Inc.	610,242	$7.0M	0.68%
40	UTIUniversal Technical Institute, Inc.	200,142	$6.5M	0.64%
41	SRTAStrata Critical Medical, Inc. Class A	1,265,849	$6.4M	0.63%
42	NPKINPK International Inc.	562,645	$6.4M	0.62%
43	BBWBuild-A-Bear Workshop, Inc.	95,041	$6.2M	0.61%
44	EPREPR Properties	105,324	$6.1M	0.60%
45	BLXBanco Latinoamericano de Comercio Exterior, S.A. Class E	128,563	$5.9M	0.58%
46	AMHAmerican Homes 4 Rent Class A	171,083	$5.7M	0.56%
47	BKTIBK Technologies Corp.	67,328	$5.7M	0.56%
48	IRMDIRadimed Corp.	77,314	$5.5M	0.54%
49	CTRECareTrust REIT, Inc.	157,585	$5.5M	0.54%
50	MAMAMama's Creations, Inc.	509,242	$5.4M	0.52%
51	GRCGorman-Rupp Company	114,900	$5.3M	0.52%
52	WMBWilliams Companies, Inc.	83,378	$5.3M	0.52%
53	HWKNHawkins, Inc.	28,548	$5.2M	0.51%
54	AZZAZZ Inc.	47,798	$5.2M	0.51%
55	NSSCNAPCO Security Technologies, Inc.	120,735	$5.2M	0.51%
56	INODInnodata Inc.	65,775	$5.1M	0.50%
57	SBCSabra Health Care REIT, Inc.	271,269	$5.1M	0.50%
58	FANGDiamondback Energy, Inc.	34,993	$5.0M	0.49%
59	RDVTRed Violet, Inc.	95,780	$5.0M	0.49%
60	BLFSBioLife Solutions, Inc.	194,763	$5.0M	0.49%
61	BA 6 10/15/27Boeing Company Pfd Registered shs Series A	69,829	$4.9M	0.48%
62	AOSLAlpha and Omega Semiconductor Limited	160,515	$4.5M	0.44%
63	EZPWEZCORP, Inc. Class A	220,393	$4.2M	0.41%
64	PCHPotlatchDeltic Corporation	101,105	$4.1M	0.40%
65	PKEPark Aerospace Corp.	198,634	$4.0M	0.40%
66	EQHEquitable Holdings, Inc.	79,001	$4.0M	0.39%
67	COLLCollegium Pharmaceutical, Inc.	112,028	$3.9M	0.38%
68	ABBVAbbVie, Inc.	16,870	$3.9M	0.38%
69	ASTEAstec Industries, Inc.	80,896	$3.9M	0.38%
70	HHHHoward Hughes Holdings Inc.	46,540	$3.8M	0.37%
71	GMREGlobal Medical REIT, Inc.	112,691	$3.8M	0.37%
72	PSTLPostal Realty Trust, Inc. Class A	238,552	$3.7M	0.37%
73	CMBTCMB.TECH NV	391,064	$3.7M	0.36%
74	SIGASIGA Technologies Inc	396,519	$3.6M	0.36%
75	INVAInnoviva, Inc.	191,470	$3.5M	0.34%
76	BRXBrixmor Property Group, Inc.	125,704	$3.5M	0.34%
77	VLOValero Energy Corporation	20,133	$3.4M	0.34%
78	TKRAT&T Inc Depositary Shs Repr Red Perp Pfd Shs Series C	170,916	$3.4M	0.33%
79	CASSCass Information Systems, Inc.	83,771	$3.3M	0.32%
80	CSGSCSG Systems International, Inc.	50,378	$3.2M	0.32%
81	OKEONEOK, Inc.	43,837	$3.2M	0.31%
82	AREAlexandria Real Estate Equities, Inc.	38,303	$3.2M	0.31%
83	WPCW. P. Carey Inc.	46,581	$3.1M	0.31%
84	RYNRayonier Inc.	117,392	$3.1M	0.31%
85	CURBCurbline Properties Corp.	139,140	$3.1M	0.30%
86	HSTHost Hotels & Resorts, Inc.	182,305	$3.1M	0.30%
87	ARCCAres Capital Corporation	151,295	$3.1M	0.30%
88	DAKTDaktronics, Inc.	142,497	$3.0M	0.29%
89	EPR 5.75 PERP CEPR Properties Cum Conv Pfd Shs Series C	116,447	$3.0M	0.29%
90	NWPXNWPX Infrastructure Inc.	55,906	$3.0M	0.29%
91	GPGICompoSecure, Inc. Class A	142,014	$3.0M	0.29%
92	AXGNAxogen, Inc.	158,738	$2.8M	0.28%
93	CODI 7.875 PERP CCompass Diversified Holdings Cum Red Perp Pfd Registered Shs Series C	153,574	$2.8M	0.28%
94	SPOKSpok Holdings, Inc.	161,242	$2.8M	0.27%
95	BAC 7.25 PERP LBank of America Corp Non Cum Perp Conv Pfd Registered Shs Series L	2,028	$2.6M	0.25%
96	MFINMedallion Financial Corp.	252,802	$2.6M	0.25%
97	RPRXRoyalty Pharma Plc Class A	71,816	$2.5M	0.25%
98	GCMGGCM Grosvenor, Inc. Class A	208,088	$2.5M	0.25%
99	KNTKKinetik Holdings Inc. Class A	58,334	$2.5M	0.24%
100	PCG 6 12/01/27 APG&E Corporation Pfd Shs A Non Voting	62,999	$2.5M	0.24%

Page 1 of 2Next